By Alexei Oreskovic and Jennifer Saba (Reuters) - Yahoo Inc said it is buying blogging service Tumblr for $1.1 billion cash, giving the struggling Internet pioneer a much-needed platform in social media to reach a younger generation of users. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. Yahoo made clear it was sensitive to concerns that it might damage Tumblr by making it less irreverent or more corporate. ...
Mon, 20 May 2013 11:26:22 -0400

By Terril Yue Jones BEIJING (Reuters) - China's Internet is brimming with disclosures of officials collecting bribes, homes and luxury accessories as casually as they do mistresses. But while the government tolerates such anti-corruption vigilantism, it is also extremely leery of the threat the Internet can pose to Communist Party rule. The Internet is the new tool in the fight against corruption - a cornerstone policy of new President Xi Jinping, who has pledged to tackle the problem head-on. ...
Mon, 20 May 2013 07:28:51 -0400

By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette when using the recording-capable gadget, which some attendees faithfully wore everywhere - including to the crowded bathrooms. Google Glass, a cross between a mobile computer and eyeglasses that can both record video and surf the Internet, is now available to a select few but is already among the year's most buzz-worthy new gadgets. ...
Sat, 18 May 2013 11:16:28 -0400

How to make the cheap seats feel like First Class. Wed, 15 May 2013 10:51:16 -0400

By Natasha Baker TORONTO (Reuters) - A new app launched on Monday aims to bring William Shakespeare's sonnets to the masses with the help of short films starring stage actors performing them in front of New York landmarks. The Sonnet Project is a free app for the iPhone and iPad that showcases the bard's poetry through films of up to two minutes and performances by Tony-Award winning actors Joanna Gleason and Cady Huffman, among others. "Shakespeare gets a bad rap. ... Mon, 20 May 2013 11:22:27 -0400

By Malathi Nayak and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) - Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry. But the small device faces some big competition from the PlayStation 4 by Sony Corp and the Wii U by Nintendo Co Ltd in a shifting market. ...
Mon, 20 May 2013 07:30:23 -0400

By Daniel Bases NEW YORK (Reuters) - Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines. European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behavior by these Chinese companies in order to protect a "strategic" sector of Europe's economy. ...
Sat, 18 May 2013 03:25:41 -0400

Start your day with Whisper, an anonymous network similar to website Post Secret that lets you share confessions with photos and text. Second is an update to business networking service LinkedIn, which brings a new redesign to its Android offerings. Finally, there's Kingdom Rush, a tower defense game that has a ton of challenging levels. Mon, 20 May 2013 08:30:00 -0400

HELSINKI (Reuters) - A group of ex-Nokia software developers unveiled its first smartphone on Monday, aiming to prove their former employer wrong by making a success of a technology dropped by the Finnish mobile phone maker. Jolla was founded by Nokia's former MeeGo software team that was shut down after the company decided to switch to Microsoft's Windows Phone software in 2011. With just 70 employees and 11 million euros ($14. ...
Mon, 20 May 2013 11:32:36 -0400

At 12:30 PM EST, join Yahoo's Virginia Heffernan and biohackers Dave Asprey and Alisa Vitti Mon, 20 May 2013 11:24:03 -0400

Biohackers are gulping down Dave Asprey's Bulletproof Coffee Breakfast. What the heck is it -- and more importantly, does it work?
Mon, 20 May 2013 11:15:52 -0400

With Apples iWatch likely to release this year, its not surprising that were starting to hear rumors about components being cobbled together just before the company starts ramping up production of the device. Japanese blogMacotakarapoints usto a new report from Taiwanese publication Economic Times claiming that Apple is testing out 1.5-inch OLED displays produced by RITEK subsidiary RiTdisplayfor its upcoming smartwatch. Macotakara notes that earlier rumors claimed the iWatch would have a 1.8-inch display, so it seems that Apple may be thinking of reducing the devices size if its really giving 1.5-inch panels a long look. Mon, 20 May 2013 11:15:41 -0400

NEW YORK (AP) Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S. Mon, 20 May 2013 11:09:37 -0400

Google clearly has a number of strengths, but its greatest may be the freedom to fail. Google shares are up more than 28% so far in 2013 and the companys market capitalization recently topped $300 billion for the first time. Investors are bullish on Googles prospects for the future and perhaps one of the reasons is that Google has shown time and time again that it is willing to take big risks in an effort to drive innovation. In a recent article, The Wall Street JournalsSteve Rosenbush hypothesized that Googles greatest strength may be the luxury of failure. He describes Googles strategy as a reckless, up-for-anything approach and notes that it seems to be working quite well since Googles stock Mon, 20 May 2013 10:50:08 -0400

WASHINGTON (AP) The Supreme Court has affirmed the authority of federal regulators to try to speed local government decisions on proposals to build or expand cell phone towers. Mon, 20 May 2013 10:40:27 -0400