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Expectations high for next Xbox May 19, 2013 LOS ANGELES (AP) — It's almost time for a new Xbox. Eight years have passed since Microsoft unveiled the Xbox 360, double the amount of time between the original Xbox debut in 2001 and its high-definition successor's launch in 2005. With the next-generation Xbox expected to be revealed Tuesday, anticipation for... Read More
A year after IPO, Facebook aims to be ad colossus May 19, 2013 NEW YORK (AP) — It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola. And it was all made possible by our friendships, photos and... Read More
Bernanke forecasts gains from computer technology May 18, 2013 WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong. Bernanke told a college graduating class Saturday that the long-range practical consequences of innovations such as... Read More
Students match wits at Ohio college May 18, 2013 DAYTON, Ohio (AP) — Science whiz kids from around the country and as far away as Japan are going brain-to-brain this weekend at Wright State University near Dayton. There are 120 middle school and high school teams competing in the 29th annual Science Olympiad National Tournament. They advanced from state-level... Read More
Report: Yahoo nearing $1.1B acquisition of Tumblr May 17, 2013 NEW YORK (AP) — Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications. The Sunnyvale, Calif., company's board of directors will meet Sunday evening... Read More
'Sonic' video games coming to Nintendo May 17, 2013 LOS ANGELES (AP) — Sonic the Hedgehog is rolling with Nintendo. Sega says it will exclusively release the next three games starring the popular blue critter on Nintendo platforms. The first title will be called "Sonic Lost World" and is set for release on the Wii U and Nintendo 3DS later this year. "With 'Sonic... Read More
Review: Toshiba brings high-res screen to Windows May 17, 2013 NEW YORK (AP) — Last year, Apple added a visually stunning option to its MacBooks: screens with ultra-high resolution. These "Retina" displays reveal four times as much detail as any Windows laptop screen ... until now. Toshiba just released a new laptop line with a Retina-level display. Does this mean Windows... Read More
Stocks rise on hopeful signs for the US economy May 17, 2013 NEW YORK (AP) — Encouraging news about the U.S. economy extended the stock market's rally Friday. Small-company stocks rose the most, a sign that investors are taking on more risk. Two companies soared in their stock-market debuts in the latest indication that the market for initial public offerings is reviving.... Read More
J.C. Penney, Stage Stores, ViaSat are big movers May 17, 2013 NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE J.C. Penney Co., down 78 cents at $18.01 Still reeling from its former CEO's turnaround plan, the department-store chain said that its loss in the first quarter widened.... Read More
Hits and misses in Facebook's history May 17, 2013 Facebook made its debut on the stock market a year ago on May 18 in one of the largest IPOs in history and the biggest for any Internet company. The social network's market value was more than $100 billion. Now, Facebook's stock is trading roughly 30 percent lower and has not hit its IPO price of $38 per share.... Read More
Bloomberg appoints ex-IBM CEO as privacy adviser May 17, 2013 NEW YORK (AP) — Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an independent adviser on its privacy and data standards. The move comes a week after revelations that Bloomberg journalists had access to some information on... Read More
Darla's Blog Picks: Countrified hicks, big girls and zombie preparedness May 17, 2013 1. Science World Report By: This site seems to be updated by many contributors, so the credit goes to “Staff” today. What blog is about – “Science World Report reports, explores and interprets the results of human endeavor from the eyes of the researcher and the interested public.” Featured post –... Read More
Tableau Software soars in trading debut May 17, 2013 NEW YORK (AP) — Tableau Software shares soared in their trading debut Friday after the company and some of its investors raised about $254.2 million in its initial public offering. Seattle-based Tableau Software Inc. provides software that helps businesses convert data into visual presentations. The shares... Read More
Famed 'hatchet hitchhiker' arrested in NJ homicide May 16, 2013 ELIZABETH, N.J. (AP) — A homeless, hatchet-wielding hitchhiker who became an Internet hero earlier this year was arrested Thursday for allegedly beating a New Jersey lawyer to death inside his home. Caleb "Kai" McGillvary, whose star turn as "Kai the Hatchet Wielding Hitchhiker" came after he intervened in an... Read More
News Summary: Dell's PC decay deepens in 1Q May 16, 2013 DELL'S DOLDRUMS: Slumping personal computer maker Dell Inc. is still having trouble adapting to a market increasingly dominated by smartphones and tablets. Quarterly earnings plunged 79 percent as management slashed prices to spur sales. POINT: The dismal performance could help Dell's board persuade more... Read More
Business Highlights May 16, 2013 ___ Wal-Mart's 1Q profit, sales disappoint NEW YORK (AP) — The first few months of the year were tough for Wal-Mart Stores Inc. The world's largest retailer reported Thursday that its first-quarter profit edged up just slightly, and the company struggled with a sales slump in its namesake business during the... Read More
Dell's dismal 1Q illuminates PC maker's challenges May 16, 2013 SAN FRANCISCO (AP) — Dell's financial decay worsened during its latest quarter as the company slashed its personal computer prices in response to the growing popularity of smartphones and tablets. The dismal performance announced Thursday provided the latest evidence of a technological shift that is making it... Read More
Labor group says Apple making progress at Foxconn May 16, 2013 WASHINGTON (AP) — A labor group Apple Inc. joined to assess working conditions at three manufacturing plants in China, where its products are made, says conditions are improving. But employees are still working more hours than the country's legal limit. The Fair Labor Association said Thursday that Apple's... Read More
Kohl's, Tesla, Cisco are big movers May 16, 2013 NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Kohl's Corp., up $2.35 at $52.03 The department store chain said that its first-quarter net income fell 5 percent, but its results still beat Wall Street predictions.... Read More
News Summary: Coc Coc passes on charged searches May 16, 2013 PASS IT ON: A Russian-financed search engine seeking to challenge Google's dominance in Vietnam is redirecting queries for some politically sensitive terms to the U.S. company's website. DUCK AND COVER: It's apparently a way for Coc Coc to avoid government anger or legal liability for sending Web surfers to... Read More
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