Archive for the ‘Tech News’ Category

‘Avengers’ smashes record: $200.3 million debut

Hulk, smash.

Murdoch scandal follows classic media baron script

FILE - In this Oct. 14, 2011 file photo, News Corp. CEO Rupert Murdoch delivers a keynote address at the National Summit on Education Reform in San Francisco. If the phone hacking scandal gripping Rupert Murdoch's News Corp. empire has a familiar ring, it might be because you've heard the story before. Scrappy outsider turns modest newspaper business into international media conglomerate. Ambition turns to hubris. Mogul dramatically falls from grace. (AP Photo/Noah Berger, File)If the phone hacking scandal gripping Rupert Murdoch’s News Corp. empire has a familiar ring, it might be because you’ve heard the story before. Scrappy outsider turns modest newspaper business into international media conglomerate. Ambition turns to hubris. Mogul dramatically falls from grace.

Yahoo CEO faces calls for ouster after inaccuracy

In this Nov. 24, 2010 photo, then PayPal president Scott Thompson, who in January 2012 was named CEO of Yahoo Inc., poses for photos at PayPal's offices in San Jose, Calif. Yahoo shareholder and New York hedge fund manager Daniel Loeb questioned Thompson's qualifications and integrity after exposing a misrepresentation about the executive’s education. The fabrication confirmed by Yahoo Inc. on Thursday, May 3, 2012 gives Loeb more artillery as he tries to topple a board of directors favored by Thompson. (AP Photo/Noah Berger)Scott Thompson’s reign as Yahoo’s CEO is in jeopardy after just four months on the job because he allowed an inaccuracy about his academic credentials to recur for years.

New Galaxy S III phone is bigger and smarter

Samsung Galaxy S III Announced: Eye-Tracking, Siri FeatureAt a press event in London on Thursday that it described as an “unpacking,” Samsung indeed rolled out an impressive array of hardware and software enhancements that the company hopes will help it retain its ranking as the top cell phone maker in the world.

Comcast 1Q earnings up 30 percent

FILE - In a Feb. 15, 2011 file photo, Comcast logos are displayed on installation trucks in Pittsburgh. Comcast Corp., the country's largest cable company, reported Wednesday May 2, 2012, a 30 percent profit increase in the first quarter, beating expectations on the strength of Super Bowl advertising and its popular broadband service. (AP Photo/Gene J. Puskar, file)Comcast Corp., the country’s largest cable company, reported a 30 percent profit increase in the first quarter, beating expectations on the strength of Super Bowl advertising and its popular broadband service.

CBS 1Q beats Street on digital, overseas sales

CBS Corp. on Tuesday said its net income grew 80 percent in the first quarter, as revenue surged on digital licensing deals for its TV shows and overseas sales of reruns.

Groupon replaces 2 directors

Online deals company Groupon Inc. said Monday that it will replace two board members with executives from American Express Co. and accounting firm Deloitte LLP.

Pirate party makes a raid on German politics

Pirates are capturing Germany’s political system.

Samsung coyness puts smartphone crown in dispute

A shopper tries out Samsung Electronics' smart phone Galaxy at its showroom in Seoul, South Korea, Friday, April 27, 2012. Samsung Electronics Co., the world's largest consumer electronics firm by revenues, on Friday reported a record-high profit as strong smartphone sales helped mask a drop in semiconductor and TV profit. Net profit amounted to 5.05 trillion won ($4.46 billion) for the fiscal quarter ending March 31, compared with 2.78 trillion won a year earlier. (AP Photo/Ahn Young-joon)Smartphones are the hottest gadgets in the world. But who’s the biggest smartphone maker? We don’t really know.

Hubbub over content rights greets Google Drive

FILE - In this Dec. 16, 2010 file photo, the Google logo is displayed in the company's New York office. Google is already facing spasms of suspicion and confusion as it tries to persuade people to entrust their personal documents, photos and other digital content to Google Drive, the company's new online storage service. (AP Photo/Mark Lennihan, File)Google CEO Larry Page recently wrote that he hopes to show the company is “deserving of great love.” But the Internet search leader may need to win more trust, based on the suspicions swirling around Google Drive, a new online storage service for personal documents, photos and other content.