Technology

Status update: Facebook to go public, raise $5B
    6 years 9 months ago
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NEW YORK (AP) — Facebook is friending Wall Street: The Internet social network is going public in a stock offering that could value it at up to $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard. The much-anticipated status update means
Honda sees sharp drop in profit on Thai floods
    6 years 9 months ago
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TOKYO (AP) — Battered by the strong yen and supply disruptions from Thailand's floods, Honda said Tuesday that its net earnings in the October-December quarter tumbled 41 percent to 47.6 billion yen ($625 million) and projected a sharply lower full-year profit. It's been a tough year for the
Facebook, Washington state target online spam
    6 years 9 months ago
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SEATTLE (AP) — Facebook is partnering with the U.S. state of Washington to combat a type of spam called "clickjacking" that is plaguing the social networking site, company and state officials announced Thursday. Two separate lawsuits were filed in federal courts in California and Washington
Nintendo chief promises to do Wii U launch right
    6 years 9 months ago
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TOKYO (AP) — Nintendo's chief is determined to get right the launch of its next game machine, Wii U, set for this year's holiday shopping season, and acknowledged Friday some mistakes with selling its 3DS handheld. But Nintendo Co. President Satoru Iwata warned earnings for the fiscal year set
Wikipedia founder hails halting of US piracy bills
    6 years 9 months ago
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DAVOS, Switzerland (AP) — The founder of Wikipedia has hailed the online encyclopedia's role in helping halt U.S. legislation aimed at cracking down on Internet piracy. Jimmy Wales told The Associated Press in an interview Thursday that the idea to black out Wikipedia's English pages for 24
Hyundai Motor reports record $7.2B profit for 2011
    6 years 9 months ago
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SEOUL, South Korea (AP) — Hyundai Motor's net profit jumped 35 percent to a record high last year after selling more than 4 million cars for the first time. The company's 2011 earnings reached 8.1 trillion won ($7.2 billion), up from 6 trillion won a year earlier, the automaker said Thursday
Apple doubles iPhone sales in 1Q
    6 years 9 months ago
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NEW YORK (AP) — The iPhone is taking over Apple. For the first time, the device that changed how people use mobile phones, accounts for more than half of the behemoth company's sales. Apple Inc. on Tuesday said it sold 37 million iPhones in the last three months of 2011, vastly exceeding
BlackBerry maker co-CEOs step down as co-CEOs
    6 years 9 months ago
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TORONTO (AP) — BlackBerry maker Research in Motion's co-CEOs, Jim Balsillie and Mike Lazaridis, announced Sunday they would step down as co-CEOs of the once-iconic company that has struggled to compete in recent years. The RIM founders will be replaced by Thorsten Heins, a chief operating
Online companies win piracy fight
    6 years 9 months ago
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WASHINGTON (AP) — Outspent but hardly outgunned, online and high-tech companies triggered an avalanche of Internet clicks to force Congress to shelve legislation that would curb online piracy. They outmaneuvered the entertainment industry and other old guard business interests, leaving them
Yahoo co-founder Jerry Yang leaving company
    6 years 9 months ago
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SAN FRANCISCO (AP) — Yahoo co-founder Jerry Yang is leaving the struggling Internet company, as it tries to revive its revenue growth and win over disgruntled shareholders under a new leader. The departure, announced Tuesday, punctuates the end of an era at Yahoo, a tarnished Internet icon
Wikipedia, Google protest US antipiracy proposals
    6 years 9 months ago
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NEW YORK (AP) — January 18 is a date that will live in ignorance, as Wikipedia started a 24-hour blackout of its English-language articles, joining other sites in a protest of pending U.S. legislation aimed at shutting down sites that share pirated movies and other content. Reddit.com shut
AT&T drops $39B T-Mobile bid; 'duopoly' averted
    6 years 10 months ago
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LOS ANGELES (AP) — AT&T Inc. is hanging up on its $39 billion bid to buy smaller wireless provider T-Mobile USA, nearly four months after the U.S. government raised concerns that it would raise prices, reduce innovation and give customers fewer choices. The long-expected announcement left AT&T
Russia's Mars probe will crash to Earth in January
    6 years 10 months ago
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MOSCOW (AP) — A Russian spacecraft bound for a moon of Mars and stuck in Earth's orbit will come crashing back next month, but its toxic fuel and radioactive material on board will pose no danger of contamination, the Russian space agency said Friday. Between 20 and 30 fragments of the probe
Mitsubishi Motors delivers electric car to Hawaii
    6 years 10 months ago
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HONOLULU (AP) — A Hawaii couple on Monday received the first all-electric car delivered by Mitsubishi Motors to a retail customer in the U.S. and Canada. Bridget Nishimura said her family spends $60 to $75 a week on gas for each of their three cars so they can commute to work and school from
Facebook aims to help prevent suicide
    6 years 10 months ago
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MENLO PARK, California (AP) — Facebook is making it easier for people who express suicidal thoughts on the social networking site to get help. A program launching Tuesday enables users to instantly connect with a crisis counselor from the National Suicide Prevention Lifeline through Facebook's
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