AT&T revenue lower than expected as customers bring in their own phones
By Marina Lopes WASHINGTON (Reuters) - AT&T Inc said on Wednesday its quarterly revenue rose but by less than Wall Street anticipated as a wave of subscribers plugged into the network using pre-purchased devices. The company cut its full-year consolidated revenue growth outlook for 2014 to 3-4 percent from 5 percent. AT&T said 400,000 subscribers brought their own devices when signing up for service this quarter, instead of purchasing one at an AT&T store. ...
Google launches new email service dubbed 'Inbox'
(Reuters) - Google Inc launched an email service called "Inbox" on Wednesday that will better organize emails and display information such as appointments, flight bookings and package deliveries in a more user-friendly way. Google said it was sending out invitations to selected Gmail users to try out the new service. Users can also email the company at email@example.com to get an invitation. For now the new service is being provided alongside Gmail, which was launched in 2004. It will be available on the Web as well as on Android smartphones and iPhones. ...
Yelp.com owner fourth-quarter revenue forecast misses expectations
(Reuters) - Yelp Inc, operator of consumer review website Yelp.com, forecast current-quarter revenue below analysts' average estimate, sending its shares down as much as 14 percent after the bell. The company forecast revenue of $107 million to $108 million for the fourth-quarter. Analysts on average were expecting $111.0 million, according to Thomson Reuters I/B/E/S. However, Yelp reported a better-than-expected 67.5 percent rise in third-quarter revenue as its business customers spent more on advertising. ...
Early Apple computer sells for $905,000 at auction
(Reuters) - One of the few remaining examples of Apple Inc's first pre-assembled computer, Apple-1, sold for $905,000 at an auction in New York on Wednesday, far outstripping expectations. The relic, which sparked a revolution in home computing, is thought to be one of the first batch of 50 Apple-1 machines assembled by Apple co-founder Steve Wozniak in Steve Job's family garage in Los Altos, California in the summer of 1976. Auction house Bonhams had said it expected to sell the machine, which was working as of September, for between $300,000 and $500,000. ...
Lufthansa close to deal with IBM for IT infrastructure unit
BERLIN/FRANKFURT (Reuters) - German airline Lufthansa is close to a deal to sell its IT infrastructure unit to IBM , including an outsourcing agreement for the services, as part of a shake-up of its technology activities, it said on Wednesday. Europe's largest airline by revenue is undergoing restructuring and cost-cutting efforts to better position itself to compete with low-cost carriers and Gulf rivals. ...
Your Galaxy S5 may get Android 5.0 Lollipop in time for the holidays
Great news, Galaxy S5 owners: You may not have to wait that much longer to get Android 5.0 Lollipop on your favorite phone. SamMobile’s sources indicate that Lollipop will start rolling out to the Galaxy S5 sometime in December, which hopefully means you should get it on your own device before the year is over. LEARN MORE: The future of Android has arrived: Google announces Android 5.0 Lollipop release details Android 5.0 Lollipop, which Google officially unveiled earlier this month, is notable primarily for the inclusion of Material Design, a new design interface that is notable for its flatter icons and its physics-based animations that will give both Android apps and the platform itself a smoother and more consistent user experience.
Hacker sentenced to 21 months in U.S. prison for $15 million scheme
By Joseph Ax NEW YORK (Reuters) - A Massachusetts man was sentenced to 21 months in prison on Friday for his role in a cybercrime scheme that hacked accounts at banks, brokerage firms and government agencies in an attempt to steal more than $15 million, U.S. prosecutors said. Robert Dubuc, 41, pleaded guilty to wire fraud conspiracy, conspiracy to commit access device fraud and identity theft in federal court in New Jersey in April. U.S. District Judge Peter Sheridan in Trenton imposed the sentence on Friday. ...
Google exec sets records with leap from near-space
ROSWELL, N.M. (AP) — Google executive Alan Eustace broke the sound barrier and set several skydiving records over the southern New Mexico desert early Friday after taking a big leap from the edge of space.
Ralph Nader urges Apple to reduce buybacks and raise wages: WSJ
(Reuters) - Consumer advocate Ralph Nader sent a letter to Apple Inc Chief Executive Officer Tim Cook urging the company to reduce its spending on share buybacks and use the money to raise wages, the Wall Street Journal reported on Friday. The five-time presidential candidate wrote in a letter published by the paper that poverty wages and harmful conditions are "a consequence of tolerating outrageous stock buybacks. ...
The Note 4 is reportedly off to a hot start with 4.5 million sold
There weren’t many smartphones in 2014 that received as much attention as the Galaxy Note 4, but a staggered launch by Samsung might have kept the phablet from breaking any sales records. Korea’s News 1 reports that after a month on the market, Samsung sold 4.5 million Galaxy Note 4 units, 500,000 less than the Note 3 sold in its first month. PREVIOUSLY: Samsung hints that a Lollipop upgrade for the Galaxy Note 4 is coming soon There is one major caveat to this report: the Note 4 was only available in Korea and China for a majority of that time. Now that the phone is beginning to roll out around the world, it has a chance to catch up with, and possibly
Wall St. finally turning on Amazon as Bezos magic fades
By Deepa Seetharaman and Ross Kerber SAN FRANCISCO/BOSTON (Reuters) - Amazon.com Inc's once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday. Amazon missed expectations across the board - on margins, on its net loss and on revenue. An unaccountably poor 7 to 18 percent revenue growth forecast for the typically strongest holiday quarter was the final straw for some. ...
Google's Pichai to oversee major products and services
By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products. The India-born executive will have oversight over products such as search, maps, Google+, commerce, advertising and infrastructure, according to a Google spokesman. Six executives who previously reported to Page, including the heads of research, social media and search, will now report to Pichai, according to Re/code, which first reported the change on Friday, citing an internal memo. ...
Sprint wants to sentence you to ‘iPhone for Life’ with new iPhone 6 promo
Sprint has come up with a new program for smartphone buyers loyal to Apple who want to upgrade to a brand new iPhone every year, 9to5Mac reports. The carrier has a brand new 12-month lease plan for the iPhone 6 and iPhone 6 Plus starting at $80 per month, which will let a subscriber grab one of Apple’s latest iPhone models starting on November 14th and use it until the 2015 versions come along. FROM EARLIER: The iPhone 6 Plus might have a serious software problem you should know about The mobile operator will also offer an iPhone for Life plan to customers interested in using the iPhone 5s for 24 months, starting at $70 per month. The iPhone 6 and iPhone 6 Plus plans are
Lantern gets early funding for mental health therapy app
SAN FRANCISCO (Reuters) - Lantern, a technology startup that offers online and mobile coaching programs to support mental health, has won early backing for its service. Executives at the 2-year-old startup said on Friday it has raised $4.4 million from investors led by Silicon Valley-based venture firm Mayfield, with seed funding from SoftTechVC. Facebook Inc Chief Product Officer Chris Cox is serving as an advisor. ...
The funniest thing you’ll see today: Conan previews the new Steve Jobs biopic
After news broke that actor Christian Bale would be playing Apple co-founder Steve Jobs in an upcoming film, Conan O’Brien previewed an “exclusive” clip of the film last Thursday night. MORE CONAN: The most hilarious thing you’ll see today: Conan invents amazing new emoji It’s obviously not from the real film since it has yet to begin filming, but it’s hilarious anyway. Watch the Conan clip below:
Google CEO Larry Page just put Sundar Pichai in charge of almost everything
Google's Sundar Pichai, who's already responsible for overseeing Android and Chrome, is about to have even more on his plate. According to Recode, CEO Larry Page has sent a memo to employees revealing that Pichai will now lead nearly every major product division at the company. The senior executives previously tasked with heading up those efforts at Google (including new world record holder Alan Eustace) will now report to Pichai instead of Page. Since YouTube is in many ways a standalone operation at this point, Pichai won't be a middleman between CEO Susan Wojcicki and Page;
HP seeking buyers for corporate-networking business in China: WSJ
(Reuters) - Hewlett-Packard Co has begun sounding out private-equity firms in China to buy its corporate-networking business in the country, the Wall Street Journal reported, citing people familiar with the situation. HP is expected to sell at least 51 percent of the business, H3C Technologies Co, which could be worth roughly $5 billion in a full sale, the business daily said. HP declined to comment on the report. The buyer likely needs to be based in China if the deal is to win Chinese government approval, the newspaper reported. ...
Doctors transplanted 'dead hearts' into three patients, and it worked
Two months ago, doctors in Australia transplanted a "dead heart" — a heart that had stopped beating inside a donor's chest — into a 57-year-old woman, reports the BBC. The operation, which has been deemed success, was unlike any other, because for the first time, it didn't involve a brain-dead donor who's heart was still beating.
Meet Bluesmart, the intelligent carry-on luggage of your dreams
Frequent fliers not happy with their current carry-on luggage solutions should check out Bluesmart, a new piece of connected luggage that’s supposed to make traveling a lot easier. Bluesmart has smashed through its original $50,000 goal on Indiegogo in just a few days, hitting nearly $400,000 with more than a month left in the campaign. In addition to having enough room for the various things you need to take with you on your next trip, the Bluesmart carry-on suitcase includes additional features such as a smartphone-controlled digital lock, a location-tracking app, a built-in battery compatible for charging smartphones and tablets, a built-in scale, proximity notification alerts to prevent you from forgetting it, and an easily accessible compartment for electronic devices that have