Friday, October 31, 2014 04:35
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HTC swings to slim profit, but sales still down in 'challenging quarter'
The HTC One M8 and Desire smartphones have helped HTC avoid a second cruel summer of losses.>
Telenor partners with Opera in Myanmar to help relieve bandwidth overload
As demand for bandwidth increase, carriers in Myanmar are looking toward third-party solutions such as Opera to help relieve traffic congestion.>
Nikkei Soars As Bank Of Japan Announces Unexpected Stimulus Measures
TOKYO (AP) — Japan's central bank surprised the financial world and pleased investors Friday by intensifying its purchases of government bonds and other assets to try to revive a chronically anemic economy.The Bank of Japan's move to pump trillions more yen into the financial system is intended to stimulate spending in the world's...
Google to pay fine for showing woman's cleavage on Street View
In Canada, a judge rejects the defense that once you are doing something in public, you have no right to privacy.>
Bethesda confirms Prey 2 cancelled
No longer just in development hell: Pete Hines, VP of Bethesda, has confirmed that the company has officially stopped working on Prey 2.>
Etsy competitor Minted hopes it has an indie artist for you
The crowdsourced e-commerce site lands $38 million to expand its line of art-inspired printed products to textiles and open storefronts for its artists.>
Tomorrow Daily 078: A haunted ad, the zombie-proof bicycle, emergency drones, and more
On today's show, we're gearing up to celebrate Halloween, so we showed up in costume and talked about haunted advertisements, a bike prepared for the zombie apocalypse, and a drone made for emergencies.>
Android co-founder Rubin leaving Google to lead startup incubator
Andy Rubin leaves Google and its ambitious robotics projects behind to return to another of his passions: Building successful startups.>
T-Pain goes Auto-Tune-free and it sounds beautiful
Deciding to unplug his voice from technology for NPR, the man who made Auto-Tune de rigueur shows that he didn't need it at all.>
Guess who might play Steve Wozniak in upcoming Jobs film?
The original geek behind Apple is rumored to be played by one of Hollywood's original geeks in the upcoming Aaron Sorkin flick inspired by Steve Jobs' biography.>
7 Ways For Women to Win and Succeed in Business
1.You Can't Do Or Have It . One of the downfall of many business and professional women is the "Superwoman Complex." Once you hang up the Superwoman cape and the Wonderwoman belt and recognize and accept this fact, your job will get a whole lot easier. Every successful person needs a dedicated support team or at the very least a wing man or...
Invention lets newborns in incubators feel mom's heartbeat
Intel "Make it Wearable" finalist Team Babybe created a wearable that lets preemies or other babies in incubators feel their parents' heartbeat while separated.>
At $400, this compact Sound Blaster X7 amplifier aims to shatter any audiophile's expectations
Creative Technology's Sound Blaster X7 is designed to be a powerful amplifier in a compact box. The device is slated to cost $400.>
Broad rally lifts Wall St. to record as BoJ bumps up stimulus
By Rodrigo Campos NEW YORK (Reuters) - The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its years-long package of incentives. The S&P 500 came within 0.1 percent of its record high, after the December e-minis contract hit an intraday record earlier...
U.S. consumer spending falters; wage gains highest since 2008
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer spending fell for the first time in eight months in September, but a rise in consumer sentiment to more than a seven-year high this month indicated economic growth would remain on solid ground. The economic picture also received a boost from other data on Friday showing factory activity in the Midwest accelerated sharply in October, while wages in the third quarter recorded their largest increase in more than six years...
U.S. consumer sentiment at highest since July 2007
NEW YORK (Reuters) - U.S. consumer sentiment rose in October to its highest level since in more than seven years on growing optimism about the economy and more favorable personal financial expectations, a survey released on Friday showed. The Thomson Reuters/University of Michigan's final October reading on the overall index on consumer sentiment finished at 86.9, the highest level since July 2007, up from 84...
Exxon, Chevron results boosted by refining as oil prices slip
(Reuters) - A surge in refining profits boosted quarterly results at Exxon Mobil Corp and Chevron Corp , helping to offset declining oil and gas production and falling crude oil prices. Both companies reported better-than-expected third-quarter profits on Friday, with executives touting the importance of owning massive refineries alongside oil and gas wells. Refining profits tend to rise when oil prices fall, though low prices dent the profitability of wells...
UBS cannot arbitrate vs Nasdaq over Facebook IPO: court
By Jonathan Stempel NEW YORK (Reuters) - A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion initial public offering. The 2nd U.S. Circuit Court of Appeals in New York on Friday said UBS' agreement with Nasdaq to help make a market for Facebook shares did not entitle the Swiss bank to arbitration, in its effort to recoup more than $350 million of losses...
Wal-Mart to expand discounts as retail price war heats up
(Reuters) - Wal-Mart Stores Inc said it will expand its offering of discounted products during the holiday season and may broaden a price-matching scheme to include online rivals, in the latest sign of an escalating price war among big U.S. retailers. Wal-Mart said it was bracing for competition to be as tough or tougher than in 2013, when heavy discounting depressed earnings across the industry. Wal-Mart's profits dropped in the holiday quarter last year and it has posted six straight quarters of flat or declining same-store sales...
Without a plan, junk status looms for Britain's Tesco: Moody's
By Kate Holton LONDON (Reuters) - Tesco could see its debt downgraded to "junk" status unless it outlines plans to cut borrowing and improve trading, rating agency Moody's said, raising the prospect of higher financing costs for Britain's biggest grocer. Tesco, already facing a severe slowdown in sales in its stores, said last month it had uncovered what has become a 263 million pound ($420 million) accounting hole, resulting in the suspension of eight senior members of staff and a Serious Fraud Office investigation...
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