Silicon Valley

  • Netflix to join the Nasdaq-100 index next week
    2013-05-23t130431z_1_cbre94m10bs00_rtroptp_3_netflix-results 2013-06-01 05:31:30 UTC
    NEW YORK (AP) — Netflix will join the Nasdaq 100 index next month. The Los Gatos, Calif., company will replace Perrigo Co., a maker of over-the-counter drugs. Perrigo announced last week that it is transferring its stock listing to the New York Stock Exchange from the Nasdaq. Netflix said...

  • Judge orders Google to turn over data to FBI
    10876885-large 2013-06-01 00:45:07 UTC
    SAN FRANCISCO (AP) — A federal judge has ordered Google Inc. to comply with FBI warrantless demands for customer data. U.S. District Court Judge Susan Illston on Tuesday rejected Google's argument that the so-called National Security Letters were unconstitutional and unnecessary. Google could ...

  • Roku raises $60M from Hearst, News Corp, others
    B2a3591600744412330f6a706700a169 2013-05-30 05:31:19 UTC
    SARATOGA, Calif. (AP) — Roku Inc., the streaming video device maker, said Wednesday that it has raised $60 million in its sixth round of funding. Media giant Hearst Corp. and an unnamed institutional investor joined existing backers such as News Corp. and its subsidiary British Sky Broadcasting...

  • Nasdaq paying $10M to settle Facebook disruption
    2013-05-29t215545z_1_cbre94s1ox900_rtroptp_2_nasdaq-sec-facebook 2013-05-30 05:18:11 UTC
    WASHINGTON (AP) — Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook's public stock offering last year. The Securities and Exchange Commission said Wednesday that the penalty is the largest ...

  • Give Locally grows through gaming, social media
    Facebook 2013-05-29 16:35:01 UTC
    WASHINGTON (AP) — Andrew "Bo" Young III, son of former U.N. Ambassador Andrew Young, is carving out his own path for social change courtesy of a mobile app designed to help real families through the purchase of virtual goods. Young and California lawyer Brad Newman have launched "Giv Gal...

  • EU: Google must up offer to settle antitrust case
    2013-05-17t125537z_1_cbre94g0zwz00_3_google 2013-05-28 16:07:08 UTC
    BRUSSELS (AP) — The European Union's competition chief says Google will have to offer more changes to the way it displays search results to settle a pending antitrust case. Joaquin Almunia told the European Parliament Tuesday that the period to examine Google's proposals has been extended by...

  • Amazon workers in Germany stage strike
    2013-05-14t061111z_1_cbre94d0h6q00_rtroptp_2_germany 2013-05-27 17:41:30 UTC
    BERLIN (AP) — Amazon's German workers are staging a short-term strike in a push for higher wages. The ver.di union said Monday employees in Leipzig are walking off the job in a one-day warning strike. The union is pushing the online retailer to adopt wage agreements similar to those gover...

  • High-tech industry big immigration bill winner
    D8d90ffca1f0f411320f6a706700e9be 2013-05-26 16:02:47 UTC
    WASHINGTON (AP) — More than any other group, the high-tech industry got big wins in an immigration bill approved by the Senate Judiciary Committee last week, thanks to a concerted lobbying effort, an ideally positioned Senate ally and relatively weak opposition. The result amounted to a ...

  • Vintage Apple computer auctioned off for $668,000
    20130525-apple-1-auction 2013-05-25 17:39:21 UTC
    BERLIN (AP) — An auctioneer says one of Apple's first computers — a functioning 1976 model — has been sold for a record 516,000 euros ($668,000). German auction house Breker said Saturday an Asian client, who asked not to be named, bought the so-called Apple 1, which the tech company's found...

  • Netflix looks to hook subscribers with 'Arrested'
    294a50788c9c2010320f6a706700bbda 2013-05-25 05:26:32 UTC
    SAN FRANCISCO (AP) — Netflix is hoping this weekend's release of the resurrected TV series "Arrested Development" will draw more subscribers to its Internet video service. The award-winning show about the dysfunctional Bluth family returns Sunday, seven years after Fox cancelled the seri...

  • Twitter adds security measure to logins
    160826_mainimg 2013-05-24 16:27:34 UTC
    NEW YORK (AP) — Twitter is adding an extra security measure to users' accounts in an effort to prevent unauthorized logins. Twitter said in a blog post Wednesday that users will be able to enroll in a login verification program. For those who sign up, Twitter will send a six-digit code using...

  • Google to add Galapagos Islands to Street View
    A9c81358460bb011320f6a70670068e5 2013-05-23 18:11:08 UTC
    SAN FRANCISCO (AP) — Few have explored the remote volcanic islands of the Galapagos archipelago, an otherworldly landscape inhabited by the world's largest tortoises and other fantastical creatures that inspired Charles Darwin's theory of evolution. Soon it will take only the click of a ...

  • HP's 2Q offers hope even as revenue slump deepens
    49caed5025578f11320f6a706700ca92 2013-05-23 04:29:14 UTC
    SAN FRANCISCO (AP) — Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be...

  • Apple case seen as possible spur to tax action
    B368924208e48311320f6a7067007794 2013-05-22 04:45:50 UTC
    WASHINGTON (AP) — Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law. At a...

  • Poll: Teens migrating to Twitter
    3500_axave3eg 2013-05-21 17:44:45 UTC
    WASHINGTON (AP) — A new poll finds that teens are sharing more about themselves on social media. They're also moving increasingly to Twitter to avoid their parents and the "oversharing" that they see on Facebook. In the Pew Research Center poll, 94 percent of teens who are social media...

  • A year after IPO, Facebook aims to be ad colossus
    Images_(5) 2013-05-20 09:20:51 UTC
    NEW YORK (AP) — It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola. And it was all made possible by our frien...

  • Ex-Groupon CEO working 9 to 5 on business album
    _500m_aid_for_small_businesses 2013-05-18 16:22:09 UTC
    NEW YORK (AP) — Former Groupon CEO Andrew Mason is diving into several new ventures, including indulging his inner rock star with an album of "motivational business music." Mason said Thursday on his blog that he recently spent a week in Los Angeles and recorded a collection of seven ...

  • Sector Snap: Makers of computer networking gear
    Fotolia_758408_xs 2013-05-18 16:17:06 UTC
    SAN FRANCISCO (AP) — Investors snapped up the stocks of companies that make computer networking gear Thursday after industry leader Cisco Systems Inc.'s latest quarterly earnings raised hope that business is picking up after a long stretch of lackluster demand. Cisco led the rally as its sha...

  • Canada trying to lure Silicon Valley tech workers
    Silicon-valley 2013-05-18 05:28:30 UTC
    SAN JOSE, Calif. (AP) — The Canadian government has launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as Congress wrestles with a long-sought overhaul of America's immigration system. Canada's minister of citizenship, immigra...

  • Google boosts photo offerings to rival Facebook
    Diaalnews 2013-05-18 05:25:49 UTC
    SAN FRANCISCO (AP) — Google is digging deeper into its technology toolkit to turn its social networking service into a more formidable threat to Facebook, sprucing up its photo features at a time when sharing snapshots online and on mobile gadgets is growing more popular. Many of the 4...

  • Yahoo nearing $1.1B acquisition of Tumblr
    Tumblr 2013-05-18 05:21:21 UTC
    NEW YORK (AP) — Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications. The Sunnyvale, Calif., company's board of directors will...

  • A year after IPO, Facebook aims to be ad colossus
    Images_(5) 2013-05-18 05:17:55 UTC
    NEW YORK (AP) — It was supposed to be our IPO, the people's public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, was going to be bigger than Amazon, bigger than McDonald's, bigger than Coca-Cola. And it was all made possible by o...

  • Pew survey questions Gen X, baby boomer savings
    Retirement_ 2013-05-18 05:13:23 UTC
    NEW YORK (AP) — A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession. The study found that members of Generation X, who are now be...

  • Syrian hackers compromise FT blogs, Twitter feeds
    Financial-times-website-and-twitter-feeds-defaced-by-syrian-hackers 2013-05-17 17:47:57 UTC
    LONDON (AP) — A clutch of blogs and Twitter accounts maintained by the Financial Times were hacked Friday, the latest in a series of cyberattacks claimed by the Syrian Electronic Army, a pro-government group which often attacks media organizations it sees as sympathetic to the country's r...

  • Google challenger in Vietnam redirecting queries
    Allofgoogles 2013-05-17 04:18:48 UTC
    HANOI, Vietnam (AP) — A Russian-financed search engine seeking to challenge Google's dominance in Vietnam is redirecting queries for some politically sensitive terms to the American company's search engine, apparently as a way of avoiding government anger or legal liability for sending surf...