Expedia shares rose on signs of growth in Europe
Expedia Inc.'s shares rose Wednesday after an industry report showed that the online travel company may be making gains in Europe.
Europe weighs on NetApp's outlook, stock slumps
SAN FRANCISCO (Reuters) - NetApp Inc forecast revenue below expectations and its CEO warned he is cautious about the outlook for business in Europe, sending the data storage equipment maker's shares down nearly 22 percent in after-hours trade. NetApp's report Wednesday came a day after Dell Inc posted disappointing quarterly results that heightened concerns about cautious IT spending, sending tech stocks sharply lower. "The EMEA (Europe, Middle East, Africa) story is one of uncertainty. ...
Watch: Apple-Samsung Feud
Court orders CEOs from Apple, Samsung, to meeting to discuss patent dispute.
Cocktail Crossfire: Are Nasty, Evil, Anonymous Commenters Good for Anything?
Currently there are bills in both houses of the New York State Legislature that would, reports Wired's David Kravets, "require New York-based websites, such as blogs and newspapers, to 'remove any comments posted on his or her website by an anonymous poster unless such anonymous poster agrees to attach his or her name to the post.'” The purpose of this proposed legislation is to limit cyberbullies and their impact, and to cut down on "mean-spirited and baseless political attacks. ...
Facebook’s record-breaking IPO put into perspective
Facebook made its initial public offering last Friday and while it didn’t go as smoothly as many had hoped, the offering was still the largest of its kind. Facebook stock began trading at $42 on Friday before closing just above $38, the IPO price set by bankers the night before. The stock has since slid further, touching $30 in pre-market trading on Wednesday morning, and media coverage has turned sour as investors continue to balk. All things considered, however, the $16 billion Facebook raised on Friday smashed Google’s earlier record by more than eight times and made Facebook’s offering the biggest in Internet IPO history. To put things in perspective as Facebook’s stock battles to climb back to the $38 mark
Obama orders agencies to shift services to mobile apps
WASHINGTON (Reuters) - President Barack Obama, hoping to spur U.S. innovation in the explosive field of mobile communications, on Wednesday ordered all major federal agencies to make many more of their services available on mobile phones within the next year. "Americans deserve a government that works for them anytime, anywhere, and on any device," Obama said in a statement. ...
