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Technology

U.S. Cracks Down on Sports Streamers

Thu, 02 Feb 2012 18:39:38 EST

Federal authorities announced a crackdown on websites that stream unauthorized broadcasts of sports events.

Benefits and Barriers as Facebook's Friend

Fri, 03 Feb 2012 20:32:08 EST

Russian investor Yuri Milner stands to reap a multibillion-dollar windfall from his early bet on Facebook stock. But in return, he has agreed to terms that handcuff what he can do with his Facebook shares.

Samsung Says EU Probe Will Find It Compliant

Fri, 03 Feb 2012 05:36:17 EST

Samsung Electronics, in its first acknowledgment of the European Commission's antitrust investigation of its patent licensing practices, said it believed the commission would ultimately conclude the company complies with the rules.

Panasonic Forecasts $10 Billion Loss

Fri, 03 Feb 2012 08:10:55 EST

Panasonic revised its forecast loss for the current fiscal year to more than $10 billion, which would be the second-largest ever for a Japanese manufacturer.

Injunction Interrupts Apple Sales in Germany

Fri, 03 Feb 2012 16:34:12 EST

Some Apple devices were unavailable for sale briefly on Friday in Germany, as part of a patent tussle with Motorola Mobility.

H-P to Put Proxy-Access Proposal to Vote

Fri, 03 Feb 2012 20:46:50 EST

Hewlett-Packard agreed to give its stockholders the chance to approve so-called proxy access through a bylaw vote at its 2013 annual meeting.

Cost Cuts Boost BT

Fri, 03 Feb 2012 11:31:13 EST

BT Group posted a 41% jump in third-quarter net profit, aided by further cost cutting, lower finance expenses and new contracts, and said it will reach some of its earnings targets a year earlier than expected.

MTN Probes Bribery Claims

Fri, 03 Feb 2012 20:39:37 EST

Shares of South African mobile-phone operator MTN fell after the company said it is investigating claims by Turkey's largest mobile-phone operator that it engaged in corruption to secure a deal in Iran.

Meetings Are Stand-Up Jobs

Fri, 03 Feb 2012 13:29:51 EST

Stand-up meetings are part of a fast-moving tech culture in which sitting has become synonymous with sloth.

Tel Aviv Takes the Tech-Hub Crown

Thu, 02 Feb 2012 04:47:32 EST

In many ways, Tel Aviv has London and Berlin beat as the Europe area's main technology hub.

Facebook Sets Historic IPO

Fri, 03 Feb 2012 13:13:47 EST

Facebook filed for an initial public offering Wednesday that could value the social network between $75 billion and $100 billion, putting the company on track for one of the biggest U.S. stock-market debuts of all time.

Facebook and the St. Petersburg Paradox

Fri, 03 Feb 2012 22:49:12 EST

Investors thinking about Facebook should consider a mathematical riddle that shows how growth stocks can get overvalued so easily.

Citi Hit in Brazilian Hacker Attack

Fri, 03 Feb 2012 22:57:00 EST

A computer hacker group continued a wave of attacks against Brazilian financial websites, hampering the sites of Citigroup and other prominent institutions.

Playing New Zynga Game At Facebook

Fri, 03 Feb 2012 22:07:23 EST

Since Zynga generates the vast majority of its revenue through Facebook, analysts tried to use Facebook's financial results to figure Zynga's fourth-quarter earnings. But the models have too many moving parts.

Sony Slashes Forecast

Thu, 02 Feb 2012 22:12:55 EST

Sony said it veered into a fiscal third-quarter net loss of more than $2 billion and forecast a much wider full-year loss than previously expected, dragged down by losses in its TV business and the impact of the strong yen on its European operations.

Google Beefs Up Security on Its Android Market

Thu, 02 Feb 2012 21:44:42 EST

Google has beefed up security on its Android mobile-device software to better prevent "malicious" software from residing in its app store.

The $100 Billion Question for Facebook

Fri, 03 Feb 2012 15:25:27 EST

What is Facebook worth? Analysts and investors are circulating a range of values, from $50 billion to $125 billion.

Megaupload Founder Is Denied Bail

Fri, 03 Feb 2012 08:13:07 EST

A New Zealand court denied an appeal for bail Friday by Kim Dotcom, the jailed founder of the file-sharing website Megaupload.

Web Streaming Is Viacom's Boon and Bane

Thu, 02 Feb 2012 18:42:35 EST

Web streaming is boosting Viacom's profit—but it may be undercutting it as well.

Amazon Launches New Website for India

Thu, 02 Feb 2012 22:45:34 EST

Amazon.com announced its entry into the Indian online retail market with a new website, Junglee.com, which will enable customers to browse for products from a wide variety of stores and then shop for them either online or in person.

Samsung: Court Rejects Apple Bid

Thu, 02 Feb 2012 04:00:31 EST

Samsung Electronics said the Munich Regional Court has rejected Apple's request to ban sales in Germany of the Korean company's tablet computers and Nexus smartphones.

Need a Ride?

Fri, 03 Feb 2012 17:19:33 EST

New apps like Cabulous, Groundlink and Getaround let you easily book and pay for yellow cabs, stretch limousines and even neighbor's cars.

Micron CEO Dies in Crash

Fri, 03 Feb 2012 20:18:03 EST

Steven R. Appleton, chairman and chief executive of Micron Technology died Friday when the high-performance airplane he was piloting crashed at Boise, Idaho's airport.

Sony's U.S. Puzzle

Fri, 03 Feb 2012 13:08:13 EST

Incoming Sony CEO Kazuo Hirai will need to tread carefully with the company's movie and music divisions, whose profits are important counterpoints to deep losses elsewhere at the company.