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| PayPal co-founder Levchin launches new mobile payment start-up Tuesday, Feb 26, 2013 05:01 PM PST  SAN FRANCISCO (Reuters) - Max Levchin, co-founder of online payment giant PayPal, launched a rival business on Tuesday called Affirm that will compete in the crowded but fast-growing mobile payments business. Affirm's technology helps shoppers complete online purchases more quickly and easily when they are using smart phones and other mobile devices, according to the firm's website. ... Full Story | Top |
| Gates, Zuckerberg champion computer programming in new nonprofit video Tuesday, Feb 26, 2013 03:34 PM PST  SAN FRANCISCO (Reuters) - When Hadi and Ali Partovi immigrated to America from Iran in 1984, they slept in the same cramped bedroom as their parents, who exhausted their life savings on the teenage boys' education. Nearly 30 years later, the twin brothers are firmly planted in the tech industry's elite circles, after selling companies to Microsoft and News Corp's MySpace, and tapping the rare connections to invest early on in Facebook, Dropbox and Zappos. ... Full Story | Top |
| Cablevision sues Viacom over fees for low-rated networks Tuesday, Feb 26, 2013 03:16 PM PST  (Reuters) - Cablevision Systems Corp has accused Viacom Inc in an antitrust lawsuit of forcing it to pay for more than a dozen low-rated cable networks in order to get access to Viacom's more popular channels such as Nickelodeon, MTV and Comedy Central. The case represents the latest flare-up in the contentious relationships between distributors and program makers. Industry observers will be watching to see if the lawsuit could disrupt the model of selling bundles of cable channels to operators, a common practice employed by Viacom and its media company peers in the $97. ... Full Story | Top |
| Researchers say Stuxnet was deployed against Iran in 2007 Tuesday, Feb 26, 2013 01:53 PM PST  SAN FRANCISCO (Reuters) - Researchers at Symantec Corp have uncovered a version of the Stuxnet computer virus that was used to attack Iran's nuclear program in November 2007, two years earlier than previously thought. Stuxnet, which is widely believed to have been developed by the United States and Israel, was discovered in 2010 after it was used to attack a uranium enrichment facility at Natanz, Iran. It was the first publicly known example of a virus being used to attack industrial machinery. ... Full Story | Top |
| Exclusive: Juniper mulls next move after asset sale talks falter - sources Tuesday, Feb 26, 2013 01:44 PM PST  NEW YORK (Reuters) - Juniper Networks Inc is reviewing its enterprise-focused networking business after talks fell through late last year to sell assets, including security unit NetScreen Technologies, several sources close to the matter told Reuters. The world's No. 2 networking gear maker is mulling options that could include acquisitions to bolster the security and enterprise business, with a longer-term view of a sale or spin-off, two of the sources said. ... Full Story | Top |
| Former Square executive Rabois to join Khosla Ventures Tuesday, Feb 26, 2013 12:50 PM PST SAN FRANCISCO (Reuters) - Keith Rabois, the executive whose sudden exit from mobile payments company Square became the talk of Silicon Valley, will join Khosla Ventures in March, the firm said on Tuesday. Speculation has swirled around where Rabois would ultimately land. He left Square last month, citing legal threats from a young colleague with whom he had maintained a two-year relationship. He had served as Square's chief operating officer since 2010. ... Full Story | Top |
| Intense acupuncture may improve Bell's palsy Tuesday, Feb 26, 2013 12:12 PM PST New York (Reuters Health) - Patients with facial paralysis saw greater improvements in function after a more intensive form of acupuncture in a new study from China that compared the treatment to standard acupuncture. Researchers found that wiggling the acupuncture needles to produce a sensation called "de qi" led to a patient's having a better chance of recovering full facial function in six months than if the needles were just inserted and left alone. De qi "should be considered to be included in clinical guidelines for acupuncture treatment," said Dr. ... Full Story | Top |
| No word from Microsoft on Office for iPad Tuesday, Feb 26, 2013 12:01 PM PST  SEATTLE (Reuters) - A top Microsoft Corp executive side-stepped questions on Tuesday about any plans the software maker may have to bring its Office suite of applications to Apple Inc's iPad. Talk has circulated for more than a year that Microsoft wants to bring native versions of its most profitable product to the hot-selling iPad, which one analyst estimates could generate $2.5 billion in extra revenue for Microsoft per year, but would remove an incentive to buying Windows-based tablets. ... Full Story | Top |
| Google extends social Web reach to counter Facebook's rise Tuesday, Feb 26, 2013 11:32 AM PST  SAN FRANCISCO (Reuters) - Google Inc transformed the Internet by cataloging the Web's countless pages. Now it wants to keep better track of the Web's multitude of users. The Mountain View, California-based company said Tuesday it would begin encouraging websites and mobile apps to accept log-in credentials via Google+, its social network. ... Full Story | Top |
| Pentagon unveils plan to tap potential of mobile devices Tuesday, Feb 26, 2013 10:33 AM PST  WASHINGTON (Reuters) - The Pentagon unveiled a plan on Tuesday to ultimately enable the Defense Department's 600,000 users of smartphones, computer tablets and other mobile devices to rapidly share classified and protected data using the latest commercial technologies. The system aims to quickly enable the latest technologies to be securely used by the military while remaining "device agnostic," said Major General Robert Wheeler, a Defense Department deputy chief information officer. ... Full Story | Top |
| Yahoo memo sparks debate on pros and cons of working at home Tuesday, Feb 26, 2013 10:33 AM PST  LONDON (Reuters) - An internal memo at Yahoo Inc introducing a ban on working from home has sparked a debate on whether remote working leads to greater productivity and job satisfaction or kills creativity and is just a chance to slack off. Working remotely has become commonplace due to technology and has been welcomed particularly by people with young families or those facing long and expensive commutes. Statistics from the U.S. Bureau of Labour show nearly 25 percent of full-time workers did some work at home in 2010. ... Full Story | Top |
| Korean operators warn Europe of "curse" of 4G networks Tuesday, Feb 26, 2013 10:16 AM PST BARCELONA (Reuters) - South Koreans telecom executives have a message for European cousins who have long looked on in envy at the highly connected Asian market: Be careful what you wish for. South Korea, the world's most wired country with 30 percent of its 50 million mobile users on superfast networks, has inspired many European operators ahead of their own rollout of networks based on LTE, or fourth-generation technology. ... Full Story | Top |
| Google and Spain wrestle over EU privacy law Tuesday, Feb 26, 2013 08:47 AM PST  BRUSSELS (Reuters) - Google did battle with Spain's data protection authority in Europe's highest court on Tuesday, in a case with global implications that poses one of the toughest questions of the Internet age: When is information really private? The issue before the European Court of Justice boils down to this: If a person fails to make social security payments and their house is auctioned as a result, do they have the right to force Google to delete such damaging information from search results? Behind that question lie complex arguments over freedom of information, the right to protect ... Full Story | Top |
| Microsoft releases Internet Explorer 10 browser for more users Tuesday, Feb 26, 2013 06:11 AM PST  SEATTLE (Reuters) - Microsoft Corp released Internet Explorer 10 to millions of new users on Tuesday, hoping the latest version of its market-leading browser will win back customers who have migrated to Google Inc's Chrome and help it establish a toe-hold in the fast-growing mobile browser market. The world's largest software maker, whose Internet Explorer browser elbowed out Netscape Navigator in the early days of the web, said IE 10 is 20 percent faster at downloading sites than its predecessor IE 9 and allows for touch-screen commands. ... Full Story | Top |
| Apple to settle lawsuit on inadvertent app purchases by kids Monday, Feb 25, 2013 11:27 PM PST  (Reuters) - Apple Inc has agreed to settle a class action lawsuit that said customers were charged when their children inadvertently downloaded certain applications from the company's online store, a court filing showed. Under the proposed settlement, Apple could potentially end up paying around $100 million as it has agreed to provide a $5 iTunes store credit to as many as 23 million affected customers, the court filing said. The final settlement figure may vary. ... Full Story | Top |
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