National NewsApple revenue lags Street's view despite strong China growth
By Christina Farr and Edwin Chan SAN FRANCISCO (Reuters) - Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market. It sold 35.2 million iPhones in the June quarter, a rise of about 13 percent that was in line with analysts' projections, helped by a strong performance in an Asian market considered crucial to Apple's longer-term growth prospects. Chief Executive Tim Cook told analysts on a conference call that Apple's Chinese performance was "honestly surprising." Unit iPhone sales jumped about 48 percent and Mac computer sales rose 39 percent in the June quarter, Chief Financial Officer Luca Maestri said in an interview. This month, Samsung Electronics Co Ltd estimated April-June operating profit far below most analysts' forecasts, as its Galaxy S5 sold more slowly than expected in the face of severe competition. "We have a really good runway in front of us with China Mobile," Maestri said, referring to Apple's main carrier partner in the world's No. 2 economy.
Microsoft sees end to Nokia losses, shares rise after hours
By Bill Rigby SEATTLE (Reuters) - Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade. Microsoft's chief financial officer said in a call with analysts that the company plans to take $1 billion in costs out of the Nokia operation and stop its losses by fiscal 2016 - which ends in June 2016 - following massive job cuts announced last week. "The expense guidance around Nokia was much better than feared," said Daniel Ives, an analyst at FBR Capital Markets. "While there is still some heavy lifting ahead, it appears brighter days are on the horizon for Microsoft after a decade of pain and frustration." Microsoft shares hit new 14-year highs over the past week, and were up 1.1 percent at $45.33 after hours.
With sales sputtering, Apple's iPad looks to IBM alliance
By Christina Farr SAN FRANCISCO (Reuters) - Apple Inc's iPad is losing steam just four years after its release, but an alliance with International Business Machines Corp could rejuvenate a flagging product by entering into a largely untapped corporate market. Apple shipped 13.2 million iPads in the June quarter, 8 percent fewer than a year earlier and lagging Wall Street's forecast for 14 million or more. Apple helped create the tablet market in 2010 with its first iPad. Chief Executive Officer Tim Cook described iPad sales as "very bifurcated" - they continue to grow at 50 percent or above in emerging markets such as the Middle East and China, but in developed countries like the United States, the "market is weaker." Research firm IDC lowered its forecast for 2014 worldwide tablet demand growth to 12.1 percent - a fraction of the 51.8 percent expansion of 2013.
StubHub was victim of cyber fraud ring; arrests to be announced
By Deepa Seetharaman and Jim Finkle SEATTLE/BOSTON (Reuters) - eBay Inc's StubHub online ticket resale service said it was the victim of a massive international cyber fraud ring, the details of which authorities plan to disclose on Wednesday as they announce arrests in the case. StubHub's head of global communications, Glenn Lehrman, told Reuters late on Tuesday that his firm has been working with law enforcement around the world for the last year on the case. Lehrman said he could not say how much money was involved or how many people were being charged ahead of announcements planned by authorities in several countries on Wednesday. Fraudulent charges were posted after hackers obtained user credentials by hacking into other sites, then used them to log in StubHub, he said.
Facebook's Zuckerberg to testify at N.Y. forgery trial: prosecutors
By Joseph Ax NEW YORK (Reuters) - The government will call Mark Zuckerberg to testify against an upstate New York man accused of trying to cheat the billionaire founder of Facebook Inc out of half his stake in the social media company, a federal prosecutor said on Tuesday. Zuckerberg is expected to be a key witness against Paul Ceglia, who is charged with forging a 2003 contract with Zuckerberg that purportedly entitled him to half of Facebook. “It's a witness that the government 100 percent knows it will be calling at trial,” Assistant U.S. Attorney Christopher Frey said at a court hearing before U.S. District Judge Andrew Carter in New York federal court. The charges stem in part from a 2010 civil lawsuit Ceglia filed against Zuckerberg and Facebook in Buffalo, New York, claiming the two men signed a contract when Zuckerberg was a freshman at Harvard University that gave Ceglia half of a planned social networking website.
Some WSJ computer systems taken offline after cyber attack: Dow Jones
(Reuters) - Computer systems containing the Wall Street Journal's news graphics were hacked by outside parties, according to the paper's publisher Dow Jones & Co. The systems have been taken offline to prevent the spread of attacks, but Journal officials have not found any damage to the graphics, the newspaper said citing people at the Wall Street Journal familiar with the matter. A hacker who goes by the Twitter handle of w0rm allegedly posted tweets and screenshots claiming to have hacked the Journal's website and offered to sell user information and credentials needed to control the server. Representatives for Dow Jones were not immediately available for comment.
Technology and recession are cutting into blue collar jobs
Google Maps now gives you detailed ads for local stores
iOS 8 beta 4 comes with special roaming setting for Europe
Among the new features added to iOS 8 beta 4, Apple’s latest iOS 8 pre-release version that was released to developers on Monday, there’s nifty a new setting ready to handle roaming in the European Union, Cult of Mac reports. FROM EARLIER: iOS 8 beta 4 is now available for download By going to Cellular settings, users can easily discover a new “EU Internet” toggle that lets them turn it on and off, depending on where they plan to travel. The option is found right under the “Data Roaming” setting (pictured above), and is supposed to address the new roaming rules for the region. “Turn off data roaming when traveling to avoid charges when web browsing and using email, MMS, and other
AP source: Thieves got into 1K StubHub accounts
NEW YORK (AP) — Cyber thieves got into more than 1,000 StubHub customers' accounts and fraudulently bought tickets for events through the online ticket reseller, a law enforcement official and the company said Tuesday.
Google's new, image-rich Play Store for Android is rolling out now
This free mod makes Watch Dogs look more gorgeous than ever before
Watch Dogs is one of the best games of the year and a decent showcase title for the new generation consoles, but it still doesn’t stand up to the seemingly professionally doctored demo from E3 2012. What we saw two years ago was a game that looked more stunning than just about anything else on the market — the reality wasn’t quite as impressive. Now, just two months after the game’s release, PC modder Federico Rojas (aka TheWorst) has released the final version of his graphics mod for Watch Dogs on the PC, bringing the retail release up to speed with the pipe dream from the original demo. “This is going to be the last version,” Rojas wrote in the 1.0 release
Microsoft will merge separate versions of Windows into one unified operating system
Microsoft CEO Satya Nadella has confirmed that the his company will amalgamate all major versions of Windows into one operating system. Speaking on the company's quarterly earnings call today, Nadella told analysts Microsoft will "streamline the next version of Windows from three operating systems into one single converged operating system." Describing the implications of the change, Nadella said "this means one operating system that covers all screen sizes." Previously, under the management of Steve Ballmer, Microsoft had multiple teams producing different versions of Windows working separately from each other. "Now," Nadella said, "we have one team with a common architecture." The Microsoft boss noted the benefit for users and developers — while Microsoft will still sell different editions of Windows, the new unified platform will allow the creation of universal Windows apps that work across all devices running the OS.
Netflix will attack six European markets this September
It’s no secret that Netflix to expand in additional European markets this year, but the company has never offered an exact rollout plan for the new countries it wants to conquer. Fortunately, in a new letter to shareholders spotted by Android Police, Netflix confirmed that its European presence will see a significant increase in September, when the movie streaming service will reach six new markets. “Outside the U.S., we generated continued growth in all of our markets. We ended Q2 with 13.8 million international members, growing 78% y/y,” the company wrote in the letter. “In September, we’ll be launching Netflix in Germany, France, Austria, Switzerland, Belgium, and Luxembourg. This launch into markets with over 60 million broadband households will significantly
Amazon Fire Phone review
Amazon Fire phone review: a unique device, but you're better off waiting for the sequel
Edward Snowden's preferred OS has a major security flaw
Watch the trailer for 'When Marnie Was There,' the latest film from the legendary Studio Ghibli
Revered animator Hayao Miyazaki may have bowed out of animation with the stunning, controversial The Wind Rises, but his Studio Ghibli still has talent to spare. Hiromasa Yonebayashi is one such example; Like Arrietty, When Marnie Was There is an adaptation of a British children's novel, this time by Joan G. Robinson; Studio Ghibli hasn't announced plans for the rest of the world, but if The Wind Rises is any indication, you'll probably have to wait until 2015;
Engadget Daily: NVIDIA's Shield Tablet, Atari's 'Pridefest' and more!
Employee lawsuit targeting Apple for unpaid wages gets class action status
A three-year-old lawsuit targeting Apple by former employees at its retail and corporate locations has been certified by the California Superior Court, and given class-action status. Filed in 2011 by Brandon Felczer — who spent about a year working for Apple — (along with three others), the complaint accuses the company of violating California labor codes by not providing time for employees to eat, rest, see itemized wage statements, or get paid in a reasonable amount of time after employment ended. The complaint is effectively asking for backpay on these periods, citing California Labor Codes, as well as asking for them to be applied to other former workers who were in similar situations going all the way back to December 16th, 2007. Per Recode, the lawsuit could be open to around 20,000 Apple employees in California if and when it makes it to a jury trial.
Electronic Arts profit surpasses Wall Street expectations
By Malathi Nayak SAN FRANCISCO (Reuters) - Video game publisher Electronic Arts Inc reported better-than-expected revenue and profit for the first quarter, driven by robust sales of titles such as "Titanfall," digital revenue and cost control. "On the digital side, (we saw) great continued growth on mobile and PC full game downloads and our subscriptions business with all of those up dramatically," CFO Blake Jorgensen said in an interview. Games such as "Ultimate Fighting Championship," soccer title "FIFA" and shooter game "Titanfall" were strong revenue drivers, Jorgensen said. Electronic Arts shares were relatively unchanged after closing at $38.42 on the Nasdaq on Tuesday.
ASUS has the world's fastest WiFi router... for now
Microsoft CEO sees 'bold' plan as 4Q tops Street
REDMOND, Wash. (AP) — Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units — Nokia phones and Bing search — would become profitable in 2016.
Google made failed bid for Spotify
Internet titan Google tried last year to buy streaming music service Spotify but backed off for reasons including a whopping price tag, the Wall Street Journal reported on Tuesday. In a letter filed late last year with regulators at the US Securities and Exchange Commission, California-based Google said that it planned on spending $20 billion to $30 billion acquiring companies or technology abroad. Google also revealed that it had recently looked into buying a foreign company, which it did not name, for from $4 billion to $5 billion but that the deal did not work out. Google has its own music service at its Play online shop and set out to bolster its offering with the recent purchase of startup Songza.
U.K. has a new punishment-free plan to turn download pirates into buyers
The British government has apparently decriminalized online piracy, VG247 reports, and pirates who download illegal copies of movies, music and games will no longer be punished, as the U.K. has figured out its actions against pirates were not working anyway. The government will still send out warning letters to Internet users who download illegal content, but after the fourth warning, no further action will be taken. Instead of punishing people who constantly download illegal stuff, the government, joint by UK’s biggest Internet providers – including BT, TalkTalk, Virgin and Sky – will try to convince people to download legal content by informing them about the sources where legal content can be purchased. The initiative, called the Voluntary Copyright Alert Programme (VCAP), is
Artist uses over-sized pixels to keep an eye on London's pedestrians
Broadcom cuts 2,500 jobs in wind-down of baseband unit
By Noel Randewich SAN FRANCISCO (Reuters) - Broadcom Corp said on Tuesday it is winding down its money-losing cellular baseband chip business and cutting one-fifth of its total workforce, instead of selling the unit. Chief Executive Scott McGregor told analysts on a conference call that after Broadcom said in early June it would exit baseband and then tested the market for a possible sale, the company decided to shut it down. Broadcom said it has cut 250 sales and administrative jobs and expects to reduce worldwide headcount by another 2,250 employees. Earlier on Tuesday, Broadcom reported stronger-than-expected adjusted second-quarter earnings and gave a third-quarter gross margin forecast that pushed the chipmaker's stock higher.
The world's most secure OS may have a serious problem
The Tails operating system is one of the most trusted platforms in cryptography, favored by Edward Snowden and booted up more than 11,000 times per day in May. But according to the security firm Exodus Intelligence, the program may not be as secure as many thought. The company says they've discovered an undisclosed vulnerability that will let attackers deanonymize Tails computers and even execute code remotely, potentially exposing users to malware attacks. Exodus is currently working with Tails to patch the bug, and expects to hand over a full report on the exploit next week. "We're hesitant to release any technical details because we don't want anyone to be able to reproduce [the exploit]," Exodus co-founder Aaron Portnoy told The Verge.
The EFF has a new tool that will stop websites from spying on you
Things have gotten to the point where many Internet users are starting to assume that almost every website on the Net is spying on them or tracking them in some way. And the sad reality is in most cases, they’re correct — nearly all websites people might visit contain some code that is intended to monitor, track or even “spy” on users. So for the privacy conscious among us, is there anything we can do to stop the madness? The answer, of course, is yes. There are several tools out there that look to curtail or even completely prevent website spying and tracking, and one of them comes from what is perhaps the most familiar name in digital rights: The Electronic
You can now unlock your Motorola phone with a 'digital tattoo'
Protect yourself from identity theft
NEW YORK (AP) — It's an almost weekly occurrence: On Tuesday, Goodwill said its computer systems may have been hacked, leading to the possible theft of customers' credit and debit card information. The nonprofit agency, which operates 2,900 stores in the U.S., said it is working with federal investigators to look into a possible breach.
Japan's prime minister wants to host the first 'robot Olympics' in 2020
Now Japan's prime minister wants to take that idea to the largest stage possible. Speaking to reporters last weekend at a robot factory north of Tokyo, Prime Minister Shinzo Abe was reported by Jiji Press (via the Telegraph) as saying: "In 2020 I would like to gather all of the world's robots and aim to hold an Olympics where they compete in technical skill." Tokyo is already hosting the 2020 Summer Olympics, but presumably the robot competition would be a separate event.
Apple post biggest earnings gain in nearly 2 years
SAN FRANCISCO (AP) — Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.
Zepp takes a swing at baseball with its tiny data analyzer
This is how Comcast explains its awful customer care
A call to Comcast’s customer service last week went viral, as a customer who also happens to be a well-known tech blogger recorded the call with a Comcast employee, who tried to do everything humanly possible to prevent a service cancellation. Comcast is apparently very sorry about the incident, and the company published a memo in The Consumerist, where the company’s COO Dave Watson tried to explain the company’s side of the story. In short, Comcast is annoyed at how it all went – and it’s probably even more annoyed the call was recorded in the first place – but that doesn’t mean it’ll stop trying to prevent service cancellations in the future. It’ll just do it in a different, more respectful
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