The Flaming Lips to Livestream Epic 24-Hour Trip
In a nearly 30 year career, the Flaming Lips have never adhered to conventional wisdom. In a truly epic performance this summer, the band will continue pushing boundaries and searching for what singer Wayne Coyne refers to as "absurd."
Gadgets: Illuminating Speaker Dock
ABC News' gadget roundup this week features an illuminating speaker, carbon fiber ThinkPad ultrabook, and a new Sony camera. Click through for more exciting gadget picks this week.
Watch: Apple-Samsung Feud
Court orders CEOs from Apple, Samsung, to meeting to discuss patent dispute.
OmniVision’s 16-megapixel smartphone camera sensors support 4K resolution
OmniVision on Tuesday announced the OV16820 and OV16825 smartphone camera chips. The two sensors support up to 16-megapixels and can capture video at a 4k resolution, known as Quad Full High Definition (QFHD), at 60 frames per second. “It was an industry-wide assumption that smartphones would cut into DSC/DVC sales; but at higher resolutions, we’re seeing a very distinct divide between the two markets and both remain strong,” said Devang Patel, senior product marketing manager at OmniVision. “Industry experts have observed that mainstream DSC products are shifting to 16-megapixel resolutions and are offering improved image quality and optics. The OV16820 supports such offerings, allowing DSC/DVC manufacturers to provide consumers a high-resolution, feature-rich point and shoot photography experience, while the OV16825
Best Buy tops expectations in Q1, online revenue and mobile sales up
Best Buy on Tuesday reported results for the first quarter of 2012. The electronics retail giant posted better-than-expected earnings per share, despite declining store sales. Revenue came in at $11.6 billion, ahead of analysts’ consensus of $11.52 billion, and non-GAAP earnings came in at $0.72 per share, up 11% from the same quarter in 2011 and beating the Street’s estimates of $0.59 per share. Domestic online revenue rose by 20%, and domestic mobile-phone sales increased by 13%. “Best Buy is in a turnaround, and the strategic priorities we laid out at the beginning of the year are just the first phase of the changes to come,” said Mike Mikan, CEO (interim) of Best Buy. “We know we have to better
Regulators probe bank's role in Facebook IPO
Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.
