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Tech News
Report: China to declare Qualcomm a monopoly
BEIJING (AP) -- Chinese regulators have concluded Qualcomm Inc., one of the biggest makers of chips used in mobile devices, has a monopoly, a government newspaper reported Friday....
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Baidu profit up 34 percent as mobile service grows
BEIJING (AP) -- Baidu Inc., which operates China's most popular search engine, said Friday its quarterly profit rose 34 percent over a year earlier as its mobile business grew....
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Amazon shares fall on 2Q loss
SEATTLE (AP) -- Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a deeper-than-expected second quarter loss as expenses outpaced a surge in revenue....
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Proxy adviser says Sprint CEO was paid too much
NEW YORK (AP) -- Institutional Shareholder Services, a leading shareholder advisory firm, is telling shareholders to protest Sprint Corp. CEO Dan Hesse's $49 million 2013 pay package, saying it's excessive and not tied to performance....
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Texas governor's startup fund is not all it seems
AUSTIN, Texas (AP) -- Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation's second most-populous state....
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Nokia sees brighter future without handset unit
HELSINKI (AP) -- There is life after mobile phones for Nokia....
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FX says overnight ratings becoming meaningless
NEW YORK (AP) -- It's a rite nearly as old as television: the morning after a new show premieres, network executives wait impatiently for the Nielsen company's estimate of how many people watched, and rush to report the first sign of a hit....
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LG Electronics says 2Q profit more than doubled
SEOUL, South Korea (AP) -- LG Electronics Inc. reported a forecast-beating quarterly profit Thursday and gave an upbeat outlook for smartphone profitability as its mobile division ended a streak of losses....
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European Central Bank hit by data theft
BERLIN (AP) -- The European Central Bank said Thursday that email addresses and other contact information have been stolen from a database that serves its public website, though it stressed that no internal systems or market-sensitive data were compromised....
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Get paid for posts? Social networking's new twist
SAN FRANCISCO (AP) -- Facebook and most other social networks are built on the premise that just about everything should be shared -except the money those posts produce....
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