Obama: Put Government on Mobile Apps
The Obama administration said once again today that technology is high on its priority list. It said it is launching a new initiative that aims to make government services more available to consumers through mobile apps. The President has ordered each major Federal agency —...

HP beats the Street in Q2; confirms plans to cut 27,000 jobs as Q3 guidance misses

Hewlett-Packard on Wednesday reported its second-quarter earnings that beat Wall Street’s expectations. Analysts expected the computer giant to report revenue of $29.92 billion and earnings of $0.91 per share, but the company surprised analysts when it reported earnings of $0.98 per share on sales of $30.69 billion. HP also confirmed new restructuring plans that will involve 27,000 job cuts, or 8% of the company’s workforce, and it expects to save more than $3 billion as a result. “We are making progress in our multi-year effort to make HP simpler, more efficient and better for customers, employees, and shareholders,� said Meg Whitman, HP president and chief executive officer. “This quarter we exceeded our previously provided outlook and are executing against our strategy, but

Why Facebook still doesn't look cheap

If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.

Watch: TechBytes 5.17.12
Google introduces their new "knowledge graph" search function.

Safety Experiment: Cars That 'Talk' to Each Other
Will traffic be safer and smoother if vehicles can “talk� to each other? That’s the question the Department of Transportation hopes to answer, starting this summer, with an ambitious year-long experiment in Ann Arbor, Michigan. In August the National Highway Traffic Safety Administration plans to...

Seagate to buy LaCie in $186 million deal
Hard-drive maker Seagate Technology PLC said Wednesday is buying French consumer storage products company LaCie SA in a deal valued at €146 million ($186 million).