International Business Times

Yahoo Expected To Announce It Will Acquire Tumbr At Monday Press Conference

Tom Halleck — Sat, 18 May 2013 11:53:13 GMT

Yahoo Inc. (NASDAQ: YHOO) reportedly has been in talks to purchase blogging site Tumblr. Yahoo said it's holding a press conference on Monday in New York, where it's expected to announce the acquisition.

Google All Access Music Launches Today: Streaming For $10 A Month, Early Adopters Pay Only $8 A Month

Tom Halleck — Wed, 15 May 2013 17:26:40 GMT

Google launched its All Access music streaming service via Play Music with a 30-day free trial at its annual I/O conference on Wednesday. The company said the service will be immediately available in the U.S. and will cost $10 a month, but users who sign up by June 30 will pay just $8 a month.

Update: Users in the U.S. can now update Play Music to include All Access by clicking here.

Amazon Coins Launched: $5 Free Giveaway To Kindle Fire Customers For Android Games, Apps

Tom Halleck — Mon, 13 May 2013 15:52:48 GMT

Amazon.com Inc. (Nasdaq:AMZN) has kicked off a new digital currency for the Amazon Appstore by giving about $5 worth of it to anyone who owns a Kindle Fire tablet.

Nvidia Beats Q1 Estimates; Provides Weak Guidance

rogerbaettig — Fri, 10 May 2013 12:33:26 GMT

Nvidia (NASDAQ: NVDA [FREE Stock Trend Analysis]) released its fiscal first-quarter earnings after the closing bell on Thursday.

Google I/O Rumors: Google Maps To Receive Mobile, Social Media Updates At 2013 Conference?

Ryan Neal — Wed, 08 May 2013 15:59:43 GMT

The annual Google I/O conference is just a week away, and the rumor mill continues to churn on what the Mountain View, Calif.-based company will unveil. The latest rumors suggest Google will introduce an overhaul to its popular Google Maps application, updating key parts of the navigation app’s user interface.

Alibaba's 2012 Fourth Quarter Net Profit Increased 160% From Same Period In 2011, Now Leading Tencent And Baidu

s.song — Wed, 08 May 2013 15:18:38 GMT

Chinese e-commerce giant Alibaba.com Limited (HKG:1688) surpassed Tencent (HKG:0700), owner of China’s most popular instant messaging program, as the most profitable Internet company in China in the last quarter of 2012, according to Sina Tech. Trailing behind the two is Baidu (NASDAQ:BIDU), China’s predominant search engine company.

Mike Jeffries, Abercrombie CEO, Reportedly Hates Fat Customers, Only Wants ‘Thin And Beautiful People’

n.deninno — Wed, 08 May 2013 13:21:36 GMT

Mike Jeffries, CEO of Abercrombie & Fitch, reportedly hates fat customers and only wants “thin and beautiful people” to shop in his stores, according to a new report.

Robin Lewis of the Robin Report told Business Insider that Abercrombie stores purposely don’t carry size XL or plus-sizes, because it's against the corporate image Jeffries is striving to maintain.

Apple's Privacy Policy Rejected In German Court

d.smith — Tue, 07 May 2013 21:18:47 GMT

A German court rejected eight out of 15 provisions in Apple’s general privacy policy and terms of data use on Tuesday, claiming that the practices of the Cupertino, Calif., company deviate too much from German laws, according to the Federation of German Consumer Association (VZBV).

“The verdict shows the importance of privacy for consumers in the digital world,” said Gerd Billen, executive director of the VZBV.

Apple iPad Mini 2 Rumors: Release Date Coming In September At The Same Price As The Original?

d.smith — Tue, 07 May 2013 17:16:47 GMT

Apple is reportedly working on a new iPad mini with a 7.9-inch Retina display, and according to Santa Clara, Calif.-based NPD DisplaySearch, Apple will begin production on its iPad mini “2” in the next two months with its release date to follow shortly thereafter, most likely in September or October.

Bitcoin Lawsuit: Mt. Gox, World's Largest Bitcoin Exchange, Sued By Partner

Ryan Neal — Fri, 03 May 2013 19:04:45 GMT

Struggles continue at Mt. Gox, the largest Bitcoin exchange in the world. After getting hit by a slew of cyberattacks, it now faces a breach-of-contract lawsuit from its former partner, CoinLab.

Two Planes Clip: Passenger Jets Clip While Taxiing For Takeoff At Newark Liberty International Airport [VIDEO]

Luke Villapaz — Thu, 02 May 2013 12:40:20 GMT

Two passenger jets clipped each other Wednesday night while preparing to take off from the runway at Newark Liberty International Airport.

China Closes Giant Movie Downloading Website, Accusing It Of Being Nation's Largest Illegal Such Service; Other Movie Piracy Sites Voluntarily Shut Down

s.song — Fri, 26 Apr 2013 15:10:19 GMT

Chinese authorities have shut down what they say is the country's largest illegal high-definition movie downloading site, Siluhd.com, and arrested eight of the website’s executives, including its CEO, identified only by his last name Zhou, according to Sohu News.

WWDC 2013 Tickets Sold Out: How To Still Snag A Seat For The Annual Apple Developer Convention

d.smith — Thu, 25 Apr 2013 18:59:26 GMT

Tickets for Apple’s annual Worldwide Developers Conference, which will take place from June 10-14, sold out in just two minutes on Thursday after Apple opened up registration for the WWDC at 10 a.m. PDT.

WWDC 2013: Apple Giving Away 150 Free Tickets To Programming Students For Sold-Out Convention

Ryan Neal — Thu, 25 Apr 2013 18:03:13 GMT

Photo: Apple Chance for 150 programming students to attend Apple's annual conference.

Federal Reserve Clashes With European Central Bank Over Bank Capital Reserves

moranzhang — Thu, 25 Apr 2013 16:51:42 GMT

Photo: Illustration: Lisa Mahapatra

Google Buys Wavii For $30 Million: Apple Outbid For News Summarization App, Could Build Superior Siri For Google Now

Ryan Neal — Wed, 24 Apr 2013 20:13:00 GMT

Wavii, a Seattle-based startup described as trying to "make Facebook out of Google,” will soon be moving to Google’s headquarters in Mountain View, Calif. TechCrunch reported Tuesday that the search giant acquired Wavii for more than $30 million, according to “a legitimate source.”

WWDC 2013 Dates, Tickets And Registration Announced: What Will Apple Unveil For iOS 7, OS X 10.9?

d.smith — Wed, 24 Apr 2013 17:36:47 GMT

Apple announced the official details for its annual Worldwide Developers Conference (WWDC) on Wednesday, which will again take place at the Moscone West Convention Center in San Francisco from June 10-14.

Huawei Technologies: We Are Not Giving Up Our American Operations

s.song — Wed, 24 Apr 2013 15:59:12 GMT

China-based Huawei Technologies Co. Ltd. (SHE:002502), the world’s second-largest telecommunications equipment maker, is denying reports of a pullout from the U.S. market.

Apple Q2 Revenue Beats Expectations, Profit Down

ericlinton — Tue, 23 Apr 2013 21:58:27 GMT

Apple Inc. (NASDAQ:AAPL) on Tuesday posted fiscal second-quarter revenue that beat Wall Street's expectations thanks to strong iPhone and iPad sales.

Profit, however, declined for the first time in a decade. Apple earned $9.5 billion, or $10.09 a share, in the quarter, down from $11.6 billion, or $12.30 a share, a year earlier.

The company reported better-than-expected second-quarter revenue of $43.6 billion, beating Wall Street's average forecast of $42.3 billion, according to Thomson Reuters I/B/E/S.

Apple (AAPL) Earnings Release Q2 2013 Preview: Can iPhone 5, iPad Mini Sales Help Stock Shares Rebound?

d.smith — Mon, 22 Apr 2013 20:22:48 GMT

Apple Inc. (Nasdaq: AAPL) will report its fiscal second quarter results in a conference call scheduled for 5 p.m.

Google Fined Maximum Penalty For Privacy Violation In Germany, Will Recover From Loss In Minutes

Ryan Neal — Mon, 22 Apr 2013 18:04:25 GMT

Google’s legal troubles in the European Union continued Monday when Germany fined the search engine company 145,000 euros ($189,000) for violating privacy protection rules. The fine was the largest possible penalty under German law.