Top Stories

  • Google Glass on sale to public just one day

    By Dan Nakaso, San Jose Mercury News | Published: Tue, Apr 15, 2014

    MOUNTAIN VIEW, Calif. — Hate ’em or love ’em, an unknown number of Google Glass wearable devices will go on sale for one day only Tuesday for a cool $1,500 — plus tax — on the Internet. While Google Glass-wearing beta testers have sometimes been targeted in public for having something on their faces that can make surreptitious photographs and videos, demand continues to grow. So Tuesday’s one-day sale has the potential to further stoke demand as Google continues to ration out what’s estimated to be a current supply of 10,000 units in circulation. The sale begins at 6 a.m. Pacific time and wannabe Google Glass owners have to be U.S. residents with a U.S. shipping address (no foreign shipments allowed) and

  • Netflix's Comcast deal improves quality of video

    By MICHAEL LIEDTKE, Associated Press | Published: Tue, Apr 15, 2014

    Netflix has long supported net neutrality as a way to prevent online service providers from giving better treatment to websites willing to pay additional fees for the privilege. Nevertheless, Netflix agreed in mid-February to pay an undisclosed sum to Comcast Corp. to create a new avenue for its videos to reach Comcast’s service.

  • Paycom sets $15 per share IPO price

    From Staff Reports | Published: Tue, Apr 15, 2014

    Paycom Software Inc., an Oklahoma City online payroll services company, pulls back on pricing after delaying last week’s planned stock offering because of a slump in tech stocks on Wall Street.

  • Increase seen in information thefts online

    By BREE FOWLER, Associated Press | Published: Tue, Apr 15, 2014

    18 percent of online adults have had personal information stolen such as their Social Security number, credit card or bank account information. That’s up from 11 percent in a July 2013 Pew survey.

  • Relativity's last-minute bid for Maker rebuffed

    Updated: Mon, Apr 14, 2014

    LOS ANGELES (AP) — Relativity Media, a film financier and movie distributor, was rebuffed in a last-minute bid for Maker Studios, the YouTube video creator that agreed to be bought by The Walt Disney Co. last month. On Sunday, privately held Relativity offered cash and stock worth $525 million for Maker, plus up to $500 million in cash and stock if performance targets were met. Relativity also offered stock worth up to $75 million to key Maker talent and executives who did not have a stake in Maker. Maker said Monday that its board and the majority of its shareholders had approved the sale to Disney and it expects that deal to close in the next few weeks. Maker's deal with Disney was for $500 million in cash plus $450

  • Is hot market for IPOs cooling?

    Updated: Mon, Apr 14, 2014

    NEW YORK (AP) — A hot market for initial public offerings may soon face a cooler reception from investors. IPOs are having their best start to a year since 2000. Eighty-nine companies have raised $19 billion through sales of new stock so far in 2014, according to Dealogic. But demand for more offerings depends largely on the health of the broader market, and after last week's sell-off, the clamor from buyers may quiet down. Auto financing company Ally Financial and hotel operator La Quinta Holdings had lukewarm receptions for their IPOs last week. La Quinta priced its shares at $17 each, lower than its expected range of $18 to $21, which suggested less demand.

  • Netflix's Comcast deal improves quality of video

    Updated: Mon, Apr 14, 2014

    SAN FRANCISCO (AP) — Netflix's videos are streaming through Comcast's Internet service at their highest speeds in 17 months, thanks to a recent deal that bought Netflix a more direct connection to Comcast's network. The data released Monday by Netflix Inc. may become another flash point in a debate about whether the Federal Communications Commission should draw up new rules to ensure that all online content providers are treated the same by Internet service providers. The equal-treatment doctrine, known as net neutrality, has become a thornier topic since January when a federal appeals court overturned the FCC's regulations on the issue.

  • Why Google Just Bought A Drone Company - ABC News

    Published: Mon, Apr 14, 2014

    Who in Silicon Valley doesn’t have their own fleet of drones now? ABC News reports Google acquired Titan Aerospace, a drone company, today, just one month after it was reportedly being eyed by Facebook. “It’s still early days, but atmospheric satellites could help bring internet access to millions of people, and help solve other problems, including disaster relief and environmental damage like deforestation,” a Google spokesperson told in a statement confirming the deal.

  • Regulators: No interruption after utilities hacked

    Updated: Mon, Apr 14, 2014

    HARTFORD, Conn. (AP) — Electric, natural gas and major water companies and regional distribution systems in Connecticut have been penetrated by hackers and other cyber attackers, but defenses have prevented interruption, state utility regulators said Monday in their first report on cyber security. Security challenges are constantly evolving and "becoming more sophisticated and nefarious" and the ability of utilities to detect and stop penetration must constantly improve, the Public Utilities Regulatory Authority said in its report to Gov. Dannel P. Malloy. The report, required as part of legislation enacted last year, said the region's Massachusetts-based grid operator, ISO-New England, has "more sophisticated" cyber defens

  • US Airways under fire for pornographic tweet to customer

    Published: Mon, Apr 14, 2014

    It hasn't been a good few days for airlines on Twitter. reports US Airways scrambled to apologize on Monday after what should have been an ordinary response to a customer became a lewd image of a woman in a compromising position with a toy airplane. After a few minutes the airline deleted the tweet and apologized.

  • Study shows increase in online information thefts

    Updated: Mon, Apr 14, 2014

    NEW YORK (AP) — The number of Americans who say they've had important personal information stolen online is on the rise, according to a Pew Research Center report released Monday. According to the survey conducted in January, 18 percent of online adults have had personal information stolen such as their social security number, credit card or bank account information. That's up from 11 percent in a July 2013 Pew survey. The number of adults who had an online account compromised or taken over without their permission — such as email or social media — remained flat at 21 percent. The survey was done after news broke of Target Corp.

  • Lions Gate partners with online outfit RocketJump

    Updated: Mon, Apr 14, 2014

    LOS ANGELES (AP) — Another Hollywood studio is tying up with a video creator that has made it big on YouTube. Lions Gate Entertainment on Monday announced a multi-year partnership with RocketJump Studios, maker of hit online show "Video Game High School," which is now in its third season. RocketJump was founded by Freddie Wong, Matt Arnold and Dez Dolly four years ago. It has amassed 6.8 million subscribers and nearly a billion views on multiple platforms including its own website. The companies said the deal will give Lions Gate Corp. access to RocketJump's upcoming slate of digital content while RocketJump can benefit from Lions Gate's global marketing muscle to help it create more long-form content. Terms wer

  • Study: Samsung phone durable, but iPhone has edge

    Updated: Mon, Apr 14, 2014

    NEW YORK (AP) — Samsung's new Galaxy S5 smartphone is more durable than last year's model and other leading Android phones, but the iPhone 5s outperformed all of them in part because of its smaller size, a new study finds. The S5 scored well given its water resistance and a sturdy back panel made of plastic, according to SquareTrade, a provider of extended protection plans. The iPhone 5s won points for being just 4 inches diagonally, compared with about 5 inches for the Android phones. That makes the iPhone easier to grip and thus less likely to slip out of one's hands. Nonetheless, all the smartphones tested had a medium risk of breakage, and differences between the various phones weren't major.

  • Twitter CEO, co-founders not selling stock

    Updated: Mon, Apr 14, 2014

    NEW YORK (AP) — Twitter says its CEO Dick Costolo and co-founders Jack Dorsey and Evan Williams have no plans to sell any of their shares when the company's post-IPO lock-up expires on May 5. Lock-up periods prevent company insiders from selling stock following an initial public offering. Twitter went public on Nov. 7, pricing its stock at $26 per share. The stock later soared as high as $74.73. On Monday, the stock was trading at $40.49, up about 1 percent. Twitter Inc., based in San Francisco, also said Monday that Benchmark Capital also doesn't have plans to sell stock before or immediately after May 5. Peter Fenton, a general partner at Benchmark, is on Twitter's board.

  • Chances of getting audited by IRS lowest in years

    Updated: Sun, Apr 13, 2014

    WASHINGTON (AP) — As millions of Americans race to meet Tuesday's tax deadline, their chances of getting audited are lower than they have been in years. Budget cuts and new responsibilities are straining the Internal Revenue Service's ability to police tax returns. This year, the IRS will have fewer agents auditing returns than at any time since at least the 1980s. Taxpayer services are suffering, too, with millions of phone calls to the IRS going unanswered. "We keep going after the people who look like the worst of the bad guys," IRS Commissioner John Koskinen said in an interview. "But there are going to be some people that we should catch, either in terms of collecting the revenue from them or prosecuting them, th

  • NSC backs disclosing software vulnerabilities

    Updated: Sat, Apr 12, 2014

    WASHINGTON (AP) — President Barack Obama's National Security Council says that disclosing vulnerabilities in commercial and open source software is in the national interest and shouldn't be withheld from the public unless there is a clear national security or law enforcement need. The statement of White House policy comes after a computer bug called "Heartbleed" has caused major security concerns across the Internet. It's affected a widely used encryption technology that's designed to protect online accounts. Major Internet services have been working this week to insulate themselves against the bug.

  • Northwestern players see push as spark for change

    Updated: Sat, Apr 12, 2014

    EVANSTON, Ill. (AP) — No matter how they feel about the push to unionize, at least a few Northwestern players see the movement as a spark for change in college sports. The question is whether forming a union to bargain for better health insurance and work conditions is the right move for them. "This is a real issue that people brought up," linebacker Collin Ellis said Saturday. "It shows the power that people could possibly attain. That in itself speaks volumes, and that in itself could be a catalyst for change — yet I feel not at the expense of what we have here." So Ellis plans to vote against unionizing later this month. The same goes for quarterback Trevor Siemian. Others, such as linebacker Jimmy Hall, wouldn't

  • A look at predictions of the 1964 World's Fair

    Updated: Sat, Apr 12, 2014

    NEW YORK (AP) — The New York World's Fair of 1964 introduced 51 million visitors to a range of technological innovations and predictions during its run. Fifty years later, some of those ideas have turned out to be commonplace in our world. Others? Not so much. What they had right: — "Picturephone": Bell System introduced this innovation, which allowed people to see whom they were calling. It didn't go over well at the time, but it's a concept that's an everyday part of our lives now in apps such as Skype and Facetime. — Personal use of the computer: Several pavilions had exhibits set up where visitors could ask computers for information and get responses in seconds.

  • Once-soaring tech stocks sink in sobering comedown

    By MICHAEL LIEDTKE and BARBARA ORTUTAY, Associated Press | Published: Sat, Apr 12, 2014

    Investors have re-focused on safer sectors such as utilities, health care and consumer staples instead of companies that promise potential growth from online services that are building huge audiences.

  • At a Glance: Hot tech stocks tumble

    Updated: Fri, Apr 11, 2014

    Investors have clipped the wings of high-flying tech stocks in recent weeks, as they re-focus on safer sectors such as utilities, health care and consumer staples. Shares of tech favorites such as Facebook, Netflix and Twitter are 19 percent to 46 percent below their recent peaks. Here's a look at how far some tech stocks have fallen from recent highs: — Inc. Peak: Jan. 22 at $408.06 Friday's closing price: $311.73 Decrease: 24 percent — Facebook Inc. Peak: March 11 at $72.59 Friday's closing price: $58.53 Decrease: 19 percent — Google Inc. Peak (split-adjusted): Feb. 26 at $615.04 Friday's closing price: $537.76 Decrease: 13 percent —