Austrian Law Student Faces Down Facebook
The New York Times BERLIN — As Wall Street prepares for a record, multibillion-dollar initial stock sale from Facebook, the social networking site, a meeting with the potential to shape the economics of the deal was set to take place Monday in Vienna. Richard Allan, a former member of Parliament in Britain who is the … Read more
Univision, Disney look at English news channel
By LAURA WIDES-MUNOZ MIAMI (AP) – Univision and Disney are in talks to create a 24-hour news channel for Latinos in English, two sources close to the negotiations said Monday. Both sources declined to go on the record because they were not authorized to speak. The goal would be to begin broadcasting before the November … Read more
Verizon to set up streaming service with Redbox
By PETER SVENSSON NEW YORK (AP) – Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks. Verizon and Coinstar Inc., Redbox’s parent company, said Monday that the service will be national and available to non-Verizon customers as well. It adds another … Read more
Facebook surrenders its privacy in IPO documents
By MICHAEL LIEDTKE SAN FRANCISCO (AP) – Facebook is baring its business soul. The unveiling came late Wednesday when the company that depends on people to share their lives online filed its plans to raise $5 billion in an initial public offering of stock. It’s a revelatory moment that prospective investors, curious competitors and nosy … Read more
Neil Young: Steve Jobs listened to vinyl
By RYAN NAKASHIMA DANA POINT, Calif. (AP) – Legendary rocker Neil Young took his campaign for higher-fidelity digital sound to the stage of a technology conference Tuesday, saying a giant of the industry was on his side: the late Steve Jobs. Young said the Apple co-founder was such a fan of music that he didn’t … Read more
Private Snoops Find GPS Trail Legal to Follow
The New York Times Only yesterday it was the exotic stuff of spy shows: flip on a computer and track the enemy’s speeding car. But today, anyone with $300 can compete with Jack Bauer. Online, and soon in big-box stores, you can buy a device no bigger than a cigarette pack, attach it to a … Read more
The BlackBerry, Trying to Avoid the Hall of Fallen Giants
The New York Times FORGET the Union — what’s the state of the BlackBerry? Research in Motion, maker of BlackBerry smartphones and tablets, sent its co-chief executives packing last week and replaced them with Thorsten Heins, who had been RIM’s chief operating officer. How would he characterize his employer? “We make the best communications devices … Read more
Facebook IPO could value it among top companies
By RYAN NAKASHIMA LOS ANGELES (AP) – When Facebook makes its long-expected debut as a public company this spring, the social-networking company will likely vault into the ranks of the largest public companies in the world, alongside McDonald’s, Amazon.com and Bank of America. The Wall Street Journal reported Friday that Facebook is preparing to file … Read more
In China, Human Costs Are Built Into an iPad
The New York Times The explosion ripped through Building A5 on a Friday evening last May, an eruption of fire and noise that twisted metal pipes as if they were discarded straws. When workers in the cafeteria ran outside, they saw black smoke pouring from shattered windows. It came from the area where employees polished … Read more
New Web Piracy Arrest as Site Founder Is Denied Bail
THE HAGUE, Netherlands — An Estonian citizen was arrested by Dutch police at the request of American authorities investigating the file-sharing Web site Megaupload, a prosecutor’s office spokeswoman said Wednesday. Also Wednesday, a New Zealand judge denied Kim Dotcom, the Megaupload founder, bail following his arrest last week on American accusations of copyright infringement. The … Read more