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Technology News

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Big tech companies offer millions to help with Heartbleed crisis
News ImageThe world's biggest technology companies have agreed to donate millions of dollars to set up a group that will fund improvements in open source programs like OpenSSL, the software whose "Heartbleed" bug has sent the computer industry into turmoil. Amazon.com Inc, Cisco Systems Inc, Facebook Inc, Google Inc, IBM, Intel Corp and Microsoft Corp are among a dozen companies that have agreed to be founders of the group, known as Core Infrastructure Initiative. It will support development of open source software that makes up critical parts of the world's technology infrastructure, but whose developers do not necessarily have adequate funding to support their work, said Jim Zemlin, executive director of the Linux Foundation.
Thu, 24 Apr 2014 08:30:15 -0400
Comcast's Fandango ticket service buys MovieClips
(Reuters) - Fandango, a movie ticketing service owned by cable company Comcast Corp, is buying MovieClips from Zefr Inc to boost its film-related content. MovieClips, launched in 2009, licenses movie scenes from various studios, puts them up on YouTube and monetizes them with ads on the site. The MovieClips network consists of its website and 25 YouTube channels, with a catalog of 45,000 curated film clips and trailers. The deal will allow Fandango to monetize the clips MovieClips has licensed and direct fans to its own website. Thu, 24 Apr 2014 08:36:33 -0400
Nokia says India plant unlikely to be part of Microsoft deal
News ImageNokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded on Friday for the sale of its global handset business to Microsoft. Nokia will instead operate the factory as a contract manufacturing unit for Microsoft after the deal, a spokeswoman for the Finnish company's Indian unit said on Thursday. "It's highly unlikely that the plant will transfer, given that the (deal) closing with Microsoft is tomorrow," the spokeswoman said. "If the asset doesn't get transferred, we are entering into a service agreement with Microsoft." Nokia has yet to agree to conditions set by an Indian court, including payment of a guarantee for potential tax dues in a dispute with Indian authorities, before it transfers the plant to Microsoft.
Thu, 24 Apr 2014 06:36:09 -0400
Verizon reports higher revenue after Vodafone deal
A man is silhouetted against a video screen with Vodafone and Verizon logos as he poses with a Samsung Galaxy S3 in this photo illustration taken in the central Bosnian town of ZenicaNEW YORK (Reuters) - Verizon Communications Inc said on Thursday its quarterly revenue rose 4.8 percent after its acquisition of Vodafone's 45 percent share in their prior joint venture for $130 billion gave the company access to greater amounts of cash flow. The No. 1 U.S. mobile provider earned $5.98 billion, or $1.15 cents per share, in the first quarter, compared with $4.86 billion, or 68 cents per share, in the year-ago quarter. Revenue rose to $30.8 billion. (Reporting By Marina Lopes)
Thu, 24 Apr 2014 07:52:08 -0400
AOL raises China presence with Sun Media Group partnership
News ImageBy Jennifer Saba NEW YORK (Reuters) - AOL is making a push into China with its digital video studio Makers, which struck a partnership on Thursday with that country's privately held Sun Media Group. This is AOL's biggest effort in China since it was spun out from Time Warner Inc almost five years ago. China's Sun Media Group is helping Makers, which produces documentaries focused on women, select and produce content to be shown in China and abroad.
Thu, 24 Apr 2014 08:04:31 -0400
Ericsson to split Network unit in two
Ericsson Chief Executive Vestberg speaks during a news conference at the company's headquarter in StockholmEricsson, the world's top mobile telecom equipment maker, said on Thursday it would split its key Network unit in two as communications technology relies more on software and the Internet. Ericsson said it would create one separate business unit for mobile telecom equipment, called Radio, and one business unit called Cloud and IP. Networks chief Johan Wibergh would remain head of both units, Ericsson said. In a statement, Ericsson Chief Executive Hans Vestberg noted that whereas Ericsson had a clear number one position in mobile telecom equipment, such as radio base stations, it was still a challenger in cloud and IP (Internet Protocol) based communications.
Thu, 24 Apr 2014 05:47:52 -0400
The 5 most important takeaways from Apples Q2 earnings report
News ImageApple stunned Wall Street on Wednesday when it posted fiscal second-quarter earnings that absolutely crushed analysts estimates. The company reported a net profit of $10.2 billion a second-quarter record thanks to surprisingly strong iPhone sales, and revenue in the quarter totaled$45.6 billion. Apple also hada pair of huge announcements related to its stock, and plenty more that it covered. Here are the five most important takeaways from Wednesdays report: iPhone is stilla beast Industry watchers were a bit worried going into Apples earnings report that iPhone sales might have slowed since anticipation for the bigger iPhone 6 and iPhone phablet is so huge. Not even close. Analysts were expecting Apple to sell37.7 million iPhones in the March quarter.
Thu, 24 Apr 2014 10:24:09 -0400
Movies Are a Global Passion - and IP Helps Keep Them That Way
In celebration of World IP Day, artists, filmmakers, musicians and other creators and innovators all over the world are joining with those who love their creative works to recognize the invaluable ways in which intellectual property spurs innovation, creativity and economic development. While World IP Day officially occurs on April 26, this annual event has been celebrated over the past few weeks through social media and special events, and these will continue beyond the actual anniversary. ... Thu, 24 Apr 2014 09:56:02 -0400
Apple might lock you out of your iPhone to save your life
News ImageWe all know the dangers of looking down at our phones while behind the wheel of a car, but when that familiar beep or buzz signals the arrival of a text message, it can be hard to resist glancing away from the road momentarily. A recent patent from Apple could solve the problem once and for all. Published on the USPTO website this week, Apples driver handheld computing device lock-out mechanism would disable certain functions on a mobile device while the user is driving. In one iteration, the mechanism wouldnt even require any hardware modifications to existing devices if the iPhones motion analyzer were to detect high speeds, based on GPS data or cell phone signals,it would simply lock
Thu, 24 Apr 2014 09:55:45 -0400
Facebook buys smartphone fitness-tracking app Moves
News ImageFacebook may already be tracking your usage to serve you ads, but how would you feel if it was able to log your movement? That's exactly what could be on the cards after the company confirmed it's bought Moves, the always-on fitness-tracking app that automatically records your daily activities using your smartphone's sensors. Moves' mission?
Thu, 24 Apr 2014 09:52:00 -0400
Technology leaders form alliance to prevent another Heartbleed
News ImageBe honest, don't you kinda wish we could just rub our collective eyes and all this Heartbleed business would just disappear? Tough luck hombre, it's still here, and some kid's trying to steal your vacation photos (probably). When we spoke to the open source initiative about it recently, we got a less than reassuring reply -- that the problem is partly about resources.
Thu, 24 Apr 2014 09:44:00 -0400
Video: Heres how a 4.7-inch iPhone 6 would stack up against top Android phones
News ImageThe iPhone 6 will reportedly arrive in two sizes, including 4.7-inch and 5.5-inch models, and recent reports have revealed bothhardware details for the handsetandpotential design elements. On top of that, a series of leaks showed purported iPhone 6 manufacturing tools, components and even cases. One4.7-inch iPhone 6 case has been obtained by Unbox Therapy, which then used it to show how big the iPhone 6 would be compared to the iPhone 5s, the Nexus 5 Galaxy Note 3 and other popular phones. According to the video, the 4.7-inch iPhone 6 would be about as big as the Nexus 5, which has a 5-inch display. The case also reveals some iPhone 6 design elements, including a different placement of the power
Thu, 24 Apr 2014 09:30:48 -0400
Strike Two: Obama's Second FCC Chair Fails on Net Neutrality
Strike Two: Obama's Second FCC Chair Fails on Net NeutralityWhen President Barack Obama pledged to appoint a Federal Communications Commission chair who was dedicated to protecting Net Neutrality, we had no reason to doubt he'd find the right person for the job. Obama campaigned in 2008 as a strong champion of the open Internet, telling an audience that he'd "take a back seat to no one in my commitment to Net Neutrality." He said that his chair would share his views on safeguarding the open Internet.
Thu, 24 Apr 2014 09:23:00 -0400
Hand-held malaria tester sequences DNA, suggests meds quickly
News ImageDespite how far we've come with technology, malaria is still a serious threat for huge chunks of the developing world. A prototype tool from UK-outfit QuantuMDx, however, could help stave off mosquito-related deaths by giving health-workers the power ...
Thu, 24 Apr 2014 09:21:00 -0400
Take A Walk In The Park With Scarlett Johansson's 'Her' (Sort Of)
News ImageIf you were jealous of Joaquin Phoenix's relationship with Scarlett Johansson in "Her," you can at least take a walk in the park with her just as he did. The actress is among a handful of New York celebrities, including Susan Sarandon and Pat Kiernan, featured in the park's new mobile app audio guides.
Thu, 24 Apr 2014 09:19:04 -0400
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