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Technology News
Twitter's market value set to soar after strong results

Twitter logo is displayed on the floor of the New York Stock Exchange(Reuters) - Shares of Twitter Inc were set to soar on Wednesday as surprisingly strong user growth eased investor concerns that the popularity of the micro-messaging site was waning. Twitter's user growth stagnated after it went public to much fanfare in November, leading to a management shake-up that included the exit of Chief Operating Officer Ali Rowghani. At that price, Twitter is valued at about $29 billion, or about $6 billion more than at Tuesday's close. Twitter's monthly active users rose 24 percent to 271 million in the quarter ended June 30, more than expected, as it introduced product tweaks and services built around the soccer World Cup.

Wed, 30 Jul 2014 08:57:18 -0400
Microsoft Xbox One to launch in China on September 23

Xie, general manager of management and operations of Microsoft in China, speaks during the presentation of the Xbox One by Microsoft as part of ChinaJoy 2014 in ShanghaiMicrosoft Corp will launch its Xbox One gaming console in China on September 23, making it the first foreign company to start selling consoles in the world's third-biggest gaming market after a ban on the devices was lifted this year. Yusuf Mehdi, head of marketing and strategy for Microsoft's Xbox group, announced the launch date at an event in Shanghai. In the United States, the Xbox One with Kinect costs $499 and without it is $399, a difference of more than $200 compared with the respective prices in China.

Wed, 30 Jul 2014 07:53:06 -0400
Facebook to shut down Gifts service in latest e-commerce shift

A portrait of the Facebook logo in VenturaBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Facebook Inc will shut its 2-year-old Gifts shop on Aug. 12, as the world's largest social network tests other ways to let consumers buy products on its website. "We'll be using everything we learned from Gifts to explore new ways to help businesses and developers drive sales on the web, on mobile, and directly on Facebook," the company said in an emailed statement on Tuesday. Facebook Gifts opened in 2012 as a way for users to buy gifts such as socks and teddy bears.

Tue, 29 Jul 2014 19:27:23 -0400
Amazon says lower ebook prices benefit authors, publishers

A zoomed image of a computer screen showing the Amazon logo is seen in Vienna(Reuters) - Inc, locked in a war with publisher Hachette Book Group over ebook prices, said its push for lower prices was good for authors, publishers and booksellers. Upset over its ebook prices, Amazon has delayed deliveries and cut discounts on some books published by Hachette, the fourth-largest U.S. book publisher, owned by France's Lagardere. In a blog post on the Amazon site authored by the "Amazon Books team", the ecommerce giant said e-books were very price sensitive. Amazon claims that pricing an e-book at $14.99 or $19.99 is too expensive and unjustifiable in most cases.

Tue, 29 Jul 2014 18:30:16 -0400
Applied Micro ships microserver chips in challenge to Intel
By Noel Randewich SAN FRANCISCO (Reuters) - Applied Micro Circuits has begun shipping a new kind of low-power server chip that might challenge heavyweight Intel in cutting-edge data centers. The Sunnyvale, California, company disappointed Wall Street on Tuesday with first fiscal quarter revenue and second-quarter revenue outlook that missed expectations due to a declining legacy business, sending its shares 4 percent lower after hours. In the quarter that ended in June, Applied Micro Circuits recognized its first revenue from the chips - about a $1 million - and the company said it expects "meaningful" revenue from the chips in the quarters ending in December and March as shipments build.
Tue, 29 Jul 2014 20:40:47 -0400
BlackBerry buffs up security credentials with Secusmart deal

Secusmart managing director Quelle displays an encrypted smart phone with the new application "Secure Call" in HanoverBy Euan Rocha NEW YORK (Reuters) - BlackBerry Ltd is buying a privately held German firm that specializes in voice and data encryption, it said on Tuesday, in a bid to burnish its credentials with highly security-conscious clients like government ?agencies. The acquisition is the latest by the smartphone pioneer to build on niche areas in an attempt to reinvent itself under new Chief Executive John Chen and recover ground ceded to Apple Inc's iPhone and Samsung Electronics Co's Galaxy devices. "It is a really reassuring sign that BlackBerry is now less focused on firefighting and more focused on identifying and building for the long-term into enterprise services," said CCS Insight analyst Geoff Blaber. Still, BlackBerry shares fell 4 percent to $9.54 on Nasdaq and C$10.45 on the Toronto Stock Exchange.

Tue, 29 Jul 2014 15:13:03 -0400
New app brings free encrypted voice calling to your iPhone

New app brings free encrypted voice calling to your iPhoneAre you worried that hackers - or even worse, the NSA - are listening in on your phone calls? Well it's time to lay those fears to rest; Open Whispersystems has released a new app that brings encrypted voice calling to the iPhone. And best of all, perhaps, the firm's new app is free to download and it supports worldwide calling, also for free. "Over the past year, we've been working to bring the privacy software we've developed for Android to the iPhone, and today we're releasing Signal - free, worldwide, encrypted voice calls for iPhone, and fully compatible with RedPhone for Android," Open Whispersystemssaid in a blog post. The app uses theZRTP encryption protocol to protect voice communications between

Wed, 30 Jul 2014 08:45:28 -0400
What's a group selfie? Usie (pronounced uss-ee)

FILE - This March 2, 2014 file photo shows Kevin Spacey, from left, Angelina Jolie, Julia Roberts, Brad Pitt, Jennifer Lawrence, Ellen Degeneres and Jared Leto join other celebrities for a group selfie during the Oscars at the Dolby Theatre in Los Angeles. (Photo by John Shearer/Invision/AP, File)NEW YORK (AP) - What do you call a group selfie? An usie, of course!

Wed, 30 Jul 2014 08:22:57 -0400
A North Korean defector sees his art silenced in China

A North Korean defector sees his art silenced in ChinaLook at us, by Sun Mu. An exhibition of works by a former North Korean propaganda artist was cancelled this week in China, reportedly under orders from the Chinese government. AsAFP reports, Beijing's Yuan Dian gallery was planning to show a collection from Sun Mu, a North Korean defector who uses a pseudonym for fear of retribution from Pyongyang. The month-long exhibition was due to open on July 27th, but according to South Korea'sYonhap news agency, Chinese police blocked people from entering the gallery and removed Sun Mu's paintings just before the opening.

Wed, 30 Jul 2014 08:11:02 -0400
Amazon to invest $2 bln to expand in India

The Amazon logo is seen on a podium during a press conference in New York, on September 28, 2011MUMBAI, India (AP) - The world's largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.

Wed, 30 Jul 2014 08:10:17 -0400
Experimental display lets glasses wearers ditch the specs

Experimental display lets glasses wearers ditch the specs

Wed, 30 Jul 2014 08:07:00 -0400
The latest Google Now trick will totally improve your travel experience

The latest Google Now trick will totally improve your travel experienceGoogle is slowly upgrading the powers of its voice-based search assistant, giving Google Now more and more awesome powers that can help users when they need it most. The company revealed on Google+ that Google Now can scan a user's Gmail account for hotel information, and use it to respond to certain hotel-related questions travellers are likely to search for. For more interesting Google Now tricks, check out this handy list of commands, and our Google Now hub. "Traveling this summer?" the company wrote. "If your hotel confirmation is in your Gmail, you can now ask Google for things to do, eat or see to do nearby without the fuss looking up where you're staying. Tap the mic on the

Wed, 30 Jul 2014 08:00:35 -0400
Say goodbye to Facebook Gifts

Facebook 'Buy' buttonWhen Facebook Gifts went live in the US in September 2012, it actually sold real-world presents that users could buy and send to their friends. From August 12, the service will be no more, however, if you've used Facebook Gifts or still have a gift card with remaining credit bought via the site, there's no need to panic. Facebook says that it will be taking the lessons learned from Gifts and using them to help businesses market and sell their wares directly to the site's billion+ users instead. Announced on July 17, the idea is that if an ad on Facebook features the button, a Facebook user can click on it and purchase the product or service in question, without leaving Facebook to do so.

Wed, 30 Jul 2014 07:52:11 -0400
Microsoft spreads Cortana abroad in Windows Phone
LOS ANGELES (AP) - Microsoft is spreading its Cortana digital assistant abroad, starting with China and the U.K.
Wed, 30 Jul 2014 07:20:47 -0400
Flickr's new licensing program opens up opportunities for the chosen few

Flickr's new licensing program opens up opportunities for the chosen few

Wed, 30 Jul 2014 07:18:00 -0400
Wii U drags Nintendo into $97 million Q1 loss

Wii U drags Nintendo into $97 million Q1 lossNintendo's struggles continued in the first quarter of fiscal 2015, as relatively poorWii U sales and high costs resulted in yet another loss for the struggling video game giant. Nintendo on Wednesday reported a June-quarter loss of9.92 billion yen, or $97.3 million, compared to an 8.6 billion yen profit in the same quarter last year. Revenue totalled74.7 billion yen, or roughly $732.3 million, in the quarter, which representsan 8% decline from the year-ago quarter. Perhaps the most disconcertingnews is that this markedly worse performance comes on the back of dramatically improved Wii U unitsales; Nintendo said it sold 510,000 Wii U consoles in the fiscal first quarter, which is a huge improvement over the 160,000 units it sold in the

Wed, 30 Jul 2014 07:15:05 -0400
Chinese smartphone makers are eating away at Samsung Galaxy sales

Chinese smartphone makers are eating away at Samsung Galaxy salesIn a smartphone market that grew by 23 percent over the past year, Samsung has somehow managed to ship fewer phones. Huawei is the standout from that group, recording a 95 percent increase in global shipments and sliding into third place behind Samsung and Apple. It's followed by Lenovo in fourth, but the more daunting thing for established brands like Samsung is the sheer number of upstart Chinese manufacturers capable of stealing away sales with lower prices. Samsung's biggest threat comes from China, not Cupertino

Wed, 30 Jul 2014 07:12:35 -0400
Sony claims EA's Xbox One subscription service isn't 'good value'

Sony claims EA's Xbox One subscription service isn't 'good value'Electronic Arts surprised gamers with a subscription service for Xbox One yesterday, but Sony is less than impressed with the offering. EA Access lets Xbox One owners play titles like FIFA 14, Madden NFL 25, Peggle 2, and Battlefield 4 for just $4.99 a month, or $29.99 per year. Despite what seems like a good deal, with more games coming soon, Sony claims the program is not good value for PlayStation 4 owners. "We evaluated the EA Access subscription offering and decided that it does not bring the kind of value PlayStation customers have come to expect," a Sony spokesperson told Game Informer.

Wed, 30 Jul 2014 07:08:54 -0400
How one journalist accidentally turned fiction into fact

How one journalist accidentally turned fiction into factThe Daily Dot's EJ Dickson told a lie on the Internet, and it went on to be repeated by dozens of people and publications. The article opens with an explanation about how the writer and her best friend had embellished a Wikipedia entry about a well-known children's book character named Amelia Bedelia.

Wed, 30 Jul 2014 06:30:54 -0400
Amazon runs the numbers to convince you that e-books should be cheaper

Amazon runs the numbers to convince you that e-books should be cheaper

Wed, 30 Jul 2014 06:26:00 -0400
Nintendo reports loss on shaky Wii U sales

FILE - In this Dec. 15, 2013 file photo, shoppers take escalators painted with the logos of Nintendo and Super Mario characters at an electronics store in Tokyo. Nintendo Co. sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U and 3DS video-game machine sales. But the Japanese company behind Super Mario and Pokemon games stuck to its annual forecasts Wednesday, July 30, 2014 for a 20 billion yen ($196 million) profit on 590 billion yen ($5.8 billion) sales. (AP Photo/Shizuo Kambayashi, File)TOKYO (AP) - Nintendo Co. sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U and 3DS video-game machine sales.

Wed, 30 Jul 2014 06:23:03 -0400
UK to let driverless cars loose on roads by January

UK to let driverless cars loose on roads by January

Wed, 30 Jul 2014 05:30:00 -0400
Chinese smartphone makers win as market swells

Chinese smartphone makers win as market swellsChinese smartphone makers racked up big gains as the global market for Internet-linked handsets grew to record levels in the second quarter, International Data Corp said Tuesday. Huawei and Lenovo, both based in China, came out winners as a record-high 295.3 million smartphones were shipped worldwide in the second quarter of this year, according to IDC. "As the death of the feature phone approaches more rapidly than before, it is the Chinese vendors that are ready to usher emerging market consumers into smartphones," IDC senior research manager Melissa Chau said in a release with the quarterly figures. "The offer of smartphones at a much better value than the top global players but with a stronger build quality and larger scale than local competitors gives these vendors a precarious competitive advantage."

Wed, 30 Jul 2014 05:14:25 -0400
Nintendo posts quarterly net loss on Wii U costs

Gaming fans at the annual E3 video game extravaganza in Los Angeles, California on June 10, 2014Japanese videogame giant Nintendo on Wednesday posted a $97 million quarterly net loss, with higher costs tied to sales of its Wii U console digging into its bottom line while sales weakened. On Wednesday, Kyoto-based Nintendo said its net loss for the three months through June came in at 9.92 billion yen ($97.14 million) on sales of 74.70 billion yen, down 8.4 percent from a year earlier Nintendo said it sold 510,000 Wii U consoles globally in the quarter, well up from 160,000 units in the same quarter last year. "'Mario Kart 8', with a good start in sales, has contributed to a gain in momentum for the Wii U platform business," the company said.

Wed, 30 Jul 2014 05:12:50 -0400
Instagram takes on SnapChat with Bolt

BoltThe company's first standalone app offers one-tap self-destruct messaging but only to smartphone users in New Zealand, South Africa and Singapore. Instagram says that those countries were chosen for the initial launch because of their geographical diversity and because they are regions with high messaging app use.

Wed, 30 Jul 2014 05:00:39 -0400
It's time to crowdfund the first step towards giant car-juggling robots

It's time to crowdfund the first step towards giant car-juggling robots

Wed, 30 Jul 2014 04:36:00 -0400
Indian online retailer Flipkart raises $1 billion
MUMBAI, India (AP) - India's largest online e-commerce company, Flipkart, raised $1 billion in new capital this week as the company gears up for competition with Amazon's push into the Indian market.
Wed, 30 Jul 2014 04:14:59 -0400
Windows Phone 8.1's first update arrives next week with a cute Chinese Cortana

Windows Phone 8.1's first update arrives next week with a cute Chinese CortanaAfter accidentally detailing its first update to Windows Phone 8.1earlier this week, Microsoft is now ready to officially reveal exactly what's included in Windows Phone 8.1 Update 1. There aren't many big visible changes with this update, but instead it includes a number of small improvements just a few months after the initial Windows Phone 8.1 Developer Preview release. If you're a Developer Preview user then expect to see the Windows Phone 8.1 Update 1 arrive next week. Cortana heads to the UK, China, Canada, Australia, and India

Wed, 30 Jul 2014 03:30:01 -0400
Microsoft's latest Windows Phone update expands Cortana to more countries

Microsoft's latest Windows Phone update expands Cortana to more countries

Wed, 30 Jul 2014 03:30:00 -0400
Sky's Now TV streaming app comes to the Xbox One

Sky's Now TV streaming app comes to the Xbox One

Wed, 30 Jul 2014 03:26:00 -0400
'Mario Kart 8' couldn't save Nintendo from a $97 million loss

'Mario Kart 8' couldn't save Nintendo from a $97 million loss

Wed, 30 Jul 2014 03:21:00 -0400
'Mario Kart 8' fails to stem growing Nintendo losses

'Mario Kart 8' fails to stem growing Nintendo lossesNintendo made an operating loss of 9.47 billion ($92.7 million) in its first quarter of 2014, with the launch of Mario Kart 8 sparking a bump in Wii U hardware sales that wasn't big enough to boost the company's financial performance. Wii U sales were 510,000 between April and June, a year-on-year jump of 219 percent, as Mario Kart 8 itself moved 2.82 million copies - over half of all Wii U titles for the quarter, and enough to make it the console's third best-selling game of all time. This means that over 80 percent of people who bought Mario Kart 8 were existing Wii U owners before this quarter, so it hasn't yet convinced many newcomers to pick up the console. Nintendo hasn't altered its forecast of a 40 billion operating profit for fiscal 2014, and still predicts that it will sell 3.6 million Wii U consoles during the period.

Wed, 30 Jul 2014 03:14:37 -0400
How the AP-GfK poll was conducted
The Associated Press-GfK poll on immigration was conducted by GfK Public Affairs and Corporate Communications July 24-28. It is based on online interviews of 1,044 adults who are members of GfK's nationally representative KnowledgePanel.
Wed, 30 Jul 2014 02:16:22 -0400
Making an indie game for Xbox One costs just over $5,000

Making an indie game for Xbox One costs just over $5,000

Wed, 30 Jul 2014 01:21:00 -0400
Billions of GI Bill funds go to for-profit schools
WASHINGTON (AP) - Iraq and Afghanistan veterans have flocked to for-profit colleges, including a troubled chain that is closing or selling its campuses amid a series of federal and state investigations.
Wed, 30 Jul 2014 00:10:41 -0400
How Tech Innovation Leads To Sustainable Solutions In Developing Nations

How Tech Innovation Leads To Sustainable Solutions In Developing NationsIt seems as if the days of manually doing routine tasks such as shopping and health care are slowly fizzling into obsolescence. People in both developed and developing countries are reshaping their daily lives and interactions as digital technology becomes intertwined with their everyday activities.Interested in this trend, Accenture and...

Wed, 30 Jul 2014 00:00:32 -0400
Verizon's FiOS Xbox apps now let you watch 'The Walking Dead,' er, live

Verizon's FiOS Xbox apps now let you watch 'The Walking Dead,' er, live

Tue, 29 Jul 2014 23:57:00 -0400
Twitter 2Q results soar, stock flies high

FILE - This Friday, Oct. 18, 2013, file photo shows a Twitter app on an iPhone screen, in New York. Twitter reports quarterly financial results on Tuesday, July 29, 2014. (AP Photo/Richard Drew, File)NEW YORK (AP) - The little blue bird is flying high. Stronger-than-expected financial results pushed Twitter's stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.

Tue, 29 Jul 2014 23:35:29 -0400



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