HP sells webOS operating system to LG Electronics

SAN FRANCISCO (Reuters) – Hewlett-Packard Co said on Monday it will sell the webOS operating system to South Korea’s LG Electronics Inc, unloading the smartphone software it acquired through a $ 1.2 billion acquisition of Palm in 2010.LG will use the operating software, used in now-defunct Palm smartphones years ago, for its “smart” or Internet-connected TVs. The Asian electronics company had worked...

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Big studios behind swag-fueled Oscar push

LOS ANGELES (AP) — Giant coffee table books, iPod Shuffles, signed letters from directors, even “Lincoln” turkey roasting pans. That’s just some of the largesse doled out by the studios to voters for awards presented earlier this season — each with the potential to influence the outcome of Hollywood’s most important awards, Sunday night’s Oscars.Such gifts are strictly forbidden by the Academy of...

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On Twitter, a peanut gallery mocks the Oscars

NEW YORK (AP) — You can simply tune into the Oscars. Or you can watch them with the peanut gallery on Twitter.While Hollywood parades in tuxedos and gowns, grandly celebrating itself, a freewheeling cacophony of quips and sarcasm — something like a digital, million-times multiplied version of those balcony Muppet onlookers, Statler and Waldorf — will provide a welcome and riotous counter-narrative...

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Sony set to make pre-emptive strike on Microsoft with PS4

TOKYO (Reuters) – Sony Corp is expected to showcase a new PlayStation console on Wednesday in a pre-emptive strike against Microsoft Corp’s bid to make its Xbox the world’s leading hub for household entertainment.The rare PlayStation event in New York comes amid industry speculation that Microsoft is set to unveil the successor to its Xbox 360, which beats the seven-year-old PlayStation 3′s online...

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Is the Facebook Hack Part of a Bigger Spy Threat?

In the latest admission from a major company that it had been hacked, Facebook announced in a blog post on Friday afternoon that its “systems had been targeted in a sophisticated attack” and that “Facebook was not alone,” which immediately raised the cyber-espionage question of the moment: Was China behind this one, too? High-profile disclosures of months-long Chinese malware attacks from The...

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Newark mayor says beating, witness silence are “evil”

(Reuters) – Newark Mayor Cory Booker on Wednesday condemned the failure of witnesses to alert police after seeing a young man forced to strip naked and whipped over a $ 20 debt – violence revealed only after a cell phone video went viral on the Internet.The two and a half minute video of the beating, which took place in Newark in August, got 40,000 views on YouTube before it was removed from the website,...

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Telenor ramps up investments to support shift to data

OSLO (Reuters) – Mobile telecoms firm Telenor expects to accelerate investments in data and digital services this year as customers flock to its higher margin products, it said on Wednesday.Telenor, which has around 150 million customers in Europe and Asia, will continue to roll out its third generation (3G) service in Thailand and fibre network in Norway to take advantage of “exploding” demand, and...

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Monster Worldwide reports loss; exits Brazil, Mexico & Turkey

(Reuters) – Online recruitment company Monster Worldwide Inc, which is up for sale, reported a quarterly loss and said it had exited its businesses in Brazil, Mexico and Turkey.The company also said it sold its China operations to Saongroup, a Dublin-based recruitment firm, and took a 10 percent stake in the combined business.Monster said in November it would sell its money losing business in China...

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Zynga 4Q loss narrows as game maker cuts costs

NEW YORK (AP) — Online games company Zynga said its loss narrowed in the latest quarter even though revenue was largely unchanged as the company cut expenses by laying off workers, closing offices and shutting down poorly performing games.The results exceeded Wall Street’s muted expectations, and Zynga Inc.‘s battered shares increased nearly 7 percent in after-hours trading after the release of the...

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iPad mini supply finally catching up with demand

Like other new mobile products Apple (AAPL) has launched in recent years, the company’s iPad mini has been in short supply ever since it was released this past November. The sleek device added a new, lower price point to Apple’s tablet portfolio and some analysts believe it will soon be more popular than Apple’s full-size iPad. While demand remained strong through the holidays, Apple managed to improve...

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Estonian pleads guilty in U.S. court to Internet advertising scam

NEW YORK (Reuters) – An Estonian man pleaded guilty on Friday in U.S. federal court for his role in a massive Internet scam that targeted well-known websites such as iTunes, Netflix and The Wall Street Journal.The scheme infected at least four million computers in more than 100 countries, including 500,000 in the United States, with malicious software, or malware, according to the indictment. It included...

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China May (or May Not) Be Behind the Twitter Hack

You may not have heard, but roughly 250,000 Twitter accounts may have been compromised by hackers. There’s a theory that — if you read between the lines — Twitter is implying the Chinese are to blame for compromising their security. RELATED: The Chinese Want to Know Why Their News Is on Twitter and They Aren’tTwitter revealed that roughly a quarter million accounts may have been compromised by...

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Netflix CEO fights for the right to post company milestones on Facebook

It may not seem like the most pressing matter in an era of massive financial scandals, but the Securities and Exchange Commission has decided to go after Netflix (NFLX) CEO Reed Hastings for posting information about Netflix company milestones on his Facebook (FB) page. According to Bloomberg, the SEC believes that Hastings’ Facebook post, which announced that Netflix users had watched more than...

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3 Things That Still Worry Me About BlackBerry

BlackBerry put on a pretty good show on Wednesday when it revealed the Z10 and the Q10, its first new smartphones in a year and a half. The demos were crisp, and the new BlackBerry 10 software looked clever. At the very least, it seems that BlackBerry has finally joined the modern smartphone era.But despite my interest in BlackBerry’s new phones, I’m still worried about the future of the platform,...

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Facebook slumps as mobile ad growth fails to impress

(Reuters) – Shares of Facebook Inc were set to open 7 percent lower on Thursday as a surge in fourth-quarter mobile advertising revenue failed to live up to Wall Street’s high expectations.Three brokerages downgraded the stock of the No. 1 social network, which has struggled to develop a full-fledged mobile advertising business.Facebook has long established itself as one of the most important websites,...

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Yandex puts mobile app blocked by Facebook on hold

MOSCOW (Reuters) – Russian internet company Yandex has put an experimental application that allows users to search social networking sites from mobile devices on hold after it was blocked by Facebook.Facebook, which launched its own search tool earlier this month, blocked the Wonder app three hours after its launch on January 24 for U.S. users.The application allows users to look for recommendations...

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Children’s magazine promotes adult video games

LONDON (Reuters) – A British magazine distributed by a joint venture of Conde Nast and Hearst Corporation and aimed at primary school children has been featuring images of adult-rated video games.The most recent issue of Cool Kidz, which is published by privately-owned LCD Publishing, contained images of five games that carried age ratings of 18 years, under the European gaming industry’s PEGI rating...

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Apple reportedly prepping new 128GB fourth-gen iPad

It isn’t the “next big thing” Apple (AAPL) investors are said to be waiting for as the company’s share price continues to plummet, but Apple is reportedly prepping a new iPad that will be its first iOS device to pack more than 64GB of storage. 9to5Mac reports that Apple has a new fourth-generation iPad SKU that will soon hit the shelves at one of its retail partners’ stores. Details are slim but the...

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Facebook Profile May Expose Mental Illness

A person’s Facebook profile may reveal signs of mental illness that might not necessarily emerge in a session with a psychiatrist, a new study suggests.“The beauty of social media activity as a tool in psychological diagnosis is that it removes some of the problems associated with patients’ self-reporting,” said study researcher Elizabeth Martin, a psychology doctoral student at the University of...

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