02 April 2012

Can investors trust tech companies?

Can investors trust tech companies?
CBS News
(MoneyWatch) COMMENTARY Groupon announced (GRPN) Friday that its sales were lower and losses greater last quarter than it had reported last month. What happened? The daily deal giant had to increase how much money it sets aside for refunds, particularly for pricier offerings. Auditor Ernst & Young also said the company has a material weakness in its financial controls. (Some shareholder lawyers are already considering suing Groupon over the accounting glitch.) The words "material weakness" obviously aren't ones that a public company likes to use or that investors want to hear. They mean that a firm's internal controls are inadequate to ensure accurate financial reporting. . . .Mixed in with the likes of Enron, Haliburton, and Bristol-Myers Squibb were Adelphia, WorldCom, AOL Time Warner, Homestore.com, Qwest, and Xerox -- all telecommunications and technology companies. More for investors to be wary of It's not that most or ...

CBS News

Joint entertainment-ISP effort unveils copyright center
CNET
Jill Lesser, an executive with experience with copyright, Internet and consumer issues, takes over center designed to help support graduated response. by Greg Sandoval April 2, 2012 11:40 AM PDT Follow @sandoCNET The country's top Internet service ...

Dell's Wyse Buy a Hedge Against Slowing PC Sales
PCWorld
By Agam Shah, IDG News Dell's plan to buy Wyse Technology is an effort to boost its client hardware portfolio and protect the company from the effects of the recent slowdown in PC sales, analysts said on Monday. Wyse provides thin-client hardware and ...

Nokia Goes After iPhone With Lumia 900 Ad Campaign
PC Magazine
By Chloe Albanesius In advance of the Sunday release for the its new Windows Phone-based Lumia 900 smartphone, Nokia has kicked off an ad campaign that takes aim at Apple's iPhone. The smartphonebetatest.com website features 30 Rock actor Chris Parnell ...

Amazon's Dominates Google in App Revenue: Thank Apple?
PCWorld
By Ed Oswald, PCWorld Apr 2, 2012 1:23 PM Android fans love to criticize Apple's locked-down strategy when it comes to hardware, iTunes content, and the iOS platform. But a study from the mobile advertising firm Flurry suggests Apple is on to something ...

Oracle, Google fail to reach settlement in Android lawsuit
Computerworld
By Nancy Gohring TechBriefcase is a new, free service where IT Professionals can Search, Store and Share IT white papers and content like this. Learn more Speed up your research efforts with content across the web. Find the white papers you need.

iPhone Top Seller At AT&T, Sprint, And Verizon
InformationWeek
Apple's iPhone 4S is the number-one selling handset at the nation's three largest network operators, outselling all other smartphones combined. By Eric Zeman InformationWeek The Apple iPhone 4S is the undisputed smartphone champ, according to data ...

IBM Preps Hyper-Fast Computing System for World's Largest Radiotelescope
PC Magazine
By Tony Hoffman To handle the unprecedented—literally astronomical—amount of data expected from the world's largest radiotelescope when it becomes operational in 2024, IBM has teamed up with the Netherlands Institute for Radio Astronomy (Astron) in a ...

Terrafugia's Flying Car Prototype Completes Test Flight
PC Magazine
By Angela Moscaritolo Turns out, cars of the future won't only be able to drive themselves, they'll also be able to take off into the sky. Just days after Google announced that it gave a blind man a ride in its self-driving Toyota Prius, ...

Unpatched Java bug infects Macs with Flashback malware
Computerworld
By Lucian Constantin TechBriefcase is a new, free service where IT Professionals can Search, Store and Share IT white papers and content like this. Learn more Speed up your research efforts with content across the web. Find the white papers you need.

The Creepiest Apps and Sites
PC Magazine
Girls Around Me might be no more, but these apps and sites are just as scary. By Chandra Steele The Girls Around Me app might now be out of the App Store but the privacy concerns it raises aren't going away anytime soon. The app, which found a market ...

Fisker Completes Fund-Raising
Wall Street Journal
By YULIYA CHERNOVA Fisker Automotive Inc., a maker of plug-in hybrid sports cars, closed on a $392 million financing that the company hopes eventually will reach $500 million, according to a filing with the Securities and Exchange Commission.

Jet-airliner-sized April Fools' Day asteroid buzzes Earth (+video)
Christian Science Monitor
About 150 feet wide, asteroid 2012 EG5 hurtled past our planet Sunday, passing closer than the moon. By Tariq Malik, SPACE.com / April 2, 2012 This graphic depicts the orbit of asteroid 2012 EG5 (in blue) during its April Fool's Day flyby of Earth.

Christian Science Monitor

Fire Was Used a Million Years Ago, Study Finds
Wall Street Journal
AP NEW YORK—When our ancestors first used fire has been a long-running debate, and a new study concludes the earliest firm evidence comes from about one million years ago in a South African cave. The ash and burnt-bone samples found there suggest fires ...

What is new iPad's biggest benefit?
BetaNews
By Joe Wilcox Apple started selling its newest tablet on March 8. Between the 22nd and 28th, ChangeWave surveyed new iPad buyers; 82 percent claim to be "very satisfied", which is up from February and 74 percent of iPad 2 owners.

Sony 'Confident' PlayStation 4 Will Hit Shelves Before Xbox 720
Forbes
An original Sony PlayStation controller. The first controller released for the PlayStation and packed in with the system until it was replaced by the DualShock. (Photo credit: Wikipedia) VG247 is reporting that sources have told them that PlayStation ...
 
Forbes

Microsoft Just Picked 11 Startups To Build Amazing Apps For Kinect (MSFT)
San Francisco Chronicle
Microsoft and TechStars have picked 11 startups out of 500 applicants to participate in Microsoft's Kinect Accelerator program. The accelerator is based in Seattle and will run from April to June. Startups get $20000, free office space for three months ...

Smart Sand Can Clone Objects, Says MIT
Mashable
Forget smart cars, smart appliances and smartphones. MIT researchers are taking intelligent inanimate objects to a more granular level: smart sand. The effect they're aiming for, as described on MIT's news site, is this: You would bury an object in ...

Microsoft Chrome Series Xbox 360 controllers wow for $54.99 each
SlashGear
There's a new set of Xbox 360 controllers out there for the masses starting in May, each of them chromed-out so you can shine all the way to the speedway and back. There's nothing quite like winning a first-person shooter headshot challenge with an ...

Fuel efficiency drives car sales
CNNMoney
By Chris Isidore @CNNMoney April 2, 2012: 4:26 PM ET GM sold 100000 fuel-efficient cars in March -- a company record -- with the help of its high-mileage Chevy Cruze. NEW YORK (CNNMoney) -- Demand for fuel-efficient cars shot higher in March, ...

IE market share slightly up after long downturn
msnbc.com
After more than a year of decline, Internet Explorer may be on the rise again: the Web browser showed a slight gain in users for the month of March, according to a Web metrics firm. IE, which had just over 60 percent of the browser market as of ...

msnbc.com

Pastebin Plans Staffers to Review, Delete Anonymous Data Dumps
PC Magazine
By Fahmida Y. Rashid Pastebin.com plans to police content posted on the site in order to quickly remove data dumps and other personal information. Pastebin will hire new staffers to actively monitor content being posted and remove sensitive data, ...

Microsoft Moves Logistics Out Of Germany Due To Lawsuit
Wall Street Journal
By HARRIET TORRY Microsoft Corp. is moving its European logistics operations, run by an outsourcing service provider, from Germany to the Netherlands due to its legal dispute with Motorola Mobility Holdings Inc., a spokesman said Monday.

Let 'forage fish' multiply, scientists say
Boston Herald
By Tony Barboza / Los Angeles Times LOS ANGELES — The catch of small, schooling fish such as sardines and anchovies should be cut in half globally and the amount left in the ocean doubled to protect the ecologically vital species from collapse, ...

Apple supplier Foxconn vows to boost salaries and cut hours
CNET
Facing complaints about factory labor practices, Foxconn chairman Terry Gou is pledging more pay but fewer hours. by Lance Whitney April 2, 2012 10:53 AM PDT Follow @lancewhit Foxconn is promising to be more worker-friendly after finding itself once ...

Twitter Takes Tweetdeck Offline After Apparent Bug Opens Up Access To ...
TechCrunch
Twitter has taken its Tweetdeck app offline after an apparent bug has possibly given some Tweetdeck users access to others' accounts. A Sydney, Australia-based Tweetdeck user named Geoff Evason says he discovered today he was somehow able to access ...

Motorola MOTOACTV software update allows for pairing with non-Moto devices
Engadget
By Dana Wollman posted Apr 2nd 2012 4:29PM Good news for fitness junkies who like to mix and match their gadget brands: MotoACTV's accompanying application will now work on pretty much all Android phones, and not just those that happen to be made by...

Samsung Galaxy S Blaze 4G review
Engadget
By Zachary Lutz posted Apr 2nd 2012 2:00PM Maybe you've noticed, maybe you haven't, but the Galaxy S 4G no longer exists at T-Mobile. Just one year ago, it replaced the Vibrant -- the carrier's first Galaxy S handset -- and now the Galaxy S 4G has ...

Breaking: Philadelphia technology reporters to unionize across local ...
By Christopher Wink
A rogue group of Philadelphia technology reporters from a variety of the city's media outlets have announced their intentions to unionize against what one participant called “the oppressive regime of paternalistic publishers that plague digital ...
Technically Philly

U.S. Postal Service Launches Innovative Technology for Small ...
By Anita Campbell
The U.S. Postal Service wants the small business world to know about its direct mail shipping service for small businesses, called Every Door Direct.
Small Business News, Tips, Advice...

Top 10 Tech This Week [PICS]
By Charlie White
In yet another rip-roaring week in the tech world, we picked out only the best for you in this week's Top 10 Tech. ... Mashable is the largest independent online news site dedicated to covering digital culture, social media and technology.
Mashable!

Tech Test Drive: Tablet alternatives to iPad
San Jose Mercury News
By CNet.com The new iPad is upon us and is an excellent continuation of the line. It doesn't do everything, though, and what it lacks in features and affordability, these tablets attempt to make up. Though, yes, one of the best alternatives is the old ...

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