Friday, May 22, 2015 • 02:58
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Real-life Predator blade gauntlet is the stuff of nightmares
Remember those deadly wrist blades in "Alien vs. Predator"? The folks of "Man at Arms: Reforged" have built a real blade gauntlet that looks absolutely deadly.
Adobe says goodbye to its Photoshop Touch app, hello to Project Rigel
Adobe's been keen on new mobile apps as of late, but today it announced the end of the road for one of its more popular pieces of software. As of next week, Photoshop Touch will no longer be available ...
'Need for Speed' reboot rolls out this fall
When EA's quarterly report dropped earlier in May, it included a few tasty game-related tidbits, including a "holiday 2015" launch window for a new Need for Speed. EA today confirmed that Need ...
Google I/O 2015: 5 things to expect
Google's developer conference is coming up fast. Based on Google's officially released schedule, here's what we expect to see at the show.
Brocade Q2 misses on revenue as SAN sales decline
The networking solutions provider beat EPS estimates by 2 cents, with IP Networking sales helping to carry the quarter.
Apple Watch support is coming to IBM's enterprise apps
For the past year or so, Apple and IBM have collaborated on the MobileFirst for iOS project, a series of 22 enterprise-specific apps for iOS. These apps are designed to help service professionals better ...
Upstart Russian browser strips down to take on Google
Taking on the tech industry's biggest companies might seem a fool's errand, but Russia's Yandex has reason to think its Web browser has a chance challenging Chrome.
Intuit smashes Q3 expectations after good tax season, but outlook worsens
Wall Street was expecting earnings of $2.74 cents per share with $2.15 billion in revenue.
BlackBerry QNX hops on Singapore public buses
BlackBerry subsidiary that sells embedded software announces plans to support fare collection systems three Asean markets including Singapore's public bus network.
HP's Q2: Earnings on target, revenue miss; offers split update
Wall Street was looking for earnings of 86 cents per share with $25.63 billion in revenue.
Asia up after Wall Street sets record high, dollar steadies after slip
By Shinichi Saoshiro TOKYO (Reuters) - Asian shares rose on Friday after Wall Street set another record high with prospects for a Federal Reserve rate hike in June all but quashed, while the dollar steadied after losing ground to the euro for the first time this week on downbeat U.S. data. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 percent with South Korean, Australian and Hong Kong shares posting sizeable gains...
HP sells $2.3 billion China unit stake to forge partnership with Tsinghua Unigroup
Hewlett-Packard Co will sell a controlling 51 percent stake in its China-based data-networking business to China's Tsinghua Unigroup for at least $2.3 billion, forming a partnership designed to create a Chinese technology powerhouse. State-backed Tsinghua Holdings' subsidiary Unisplendour Corp Ltd will acquire 51 percent of HP's H3C Technologies for at least $2.3 billion, Unisplendour said in a statement to the Shenzhen stock exchange late on Thursday...
Fed still seen in lift-off mode as Yellen takes center stage
The U.S. Federal Reserve is likely to stick with plans to raise interest rates later this year, with progress toward its employment and inflation goals helping allay concerns over the economy's recent weakness, current and former Fed officials say. Fed Chair Janet Yellen, who on Friday will talk about the economy's prospects, is expected to acknowledge the recent sluggishness, including near stagnant performance in the first few months of the year...
Charter in talks with Time Warner Cable over bid likely above $170 per share: WSJ
(Reuters) - Charter Communications is in talks with Time Warner Cable about a bid that is likely to be well above the $170 per share expected by some analysts, the Wall Street Journal reported, citing people familiar with the matter. Charter had bid about $132.50 per share, or $37.3 billion, for Time Warner Cable last year before being beaten by Comcast Corp , whose all-stock deal was initially worth $158...
McDonald's CEO gets grilled at first annual meeting
LOS ANGELES/BOSTON (Reuters) - McDonald's Corp shareholders defied executives at its annual meeting on Thursday, approving a proposal to make it easier to nominate directors to the board of the fast-food chain and taking its new CEO to task over wages, advertising and its food. McDonald's Chief Executive Steve Easterbrook, who took the helm on March 1, is fighting on numerous fronts as he works to turn around the company, which saw profit and revenue fall in 2014 after service times slowed and nimbler rivals picked off customers with menus that appeal to growing appetites for fresher, less-processed food...
HP forecasts split-related costs below expectations
Hewlett-Packard Co , which is in the process of splitting itself, forecast separation-related costs below the expectation of several analysts and reported a better-than-expected quarterly profit. The world's No. 2 personal computer maker, whose shares rose more than 3 percent in extended trading on Thursday, kept its profit forecast unchanged for the full year, allaying fears of a strong dollar and weak enterprise demand for its services...
House panel issues subpoena to Fed over 2012 information leak
The chairman of a congressional committee on Thursday subpoenaed Federal Reserve documents and communications related to a 2012 leak of monetary policy information, ramping up his attack of the central bank's handling of the case. Jeb Hensarling, a Republican of Texas who chairs the U.S. House of Representatives Financial Services Committee, said in a release that the Fed failed to comply with document requests from the panel in connection with market-sensitive information that was leaked to a private financial newsletter...
Senate advances fast-track trade bill sought by Obama
President Barack Obama moved closer to winning the power to speed trade deals through the Congress, as the Senate on Thursday advanced legislation important to his Asian trade push. Senators voted 62-38 to set up a speedy decision on the "fast-track" trade negotiating authority the president needs to complete the Trans-Pacific Partnership (TPP) trade deal. The TPP is part of Obama's so-called pivot to Asia, a strategy to counter China's rising economic and diplomatic clout in Asia...
FCC chairman reached out to Time Warner Cable, Charter CEOs: WSJ
(Reuters) - Federal Communications Commission Chairman Tom Wheeler reached out to the chief executives of Time Warner Cable Inc and Charter Communications Inc to convey that the agency is not against cable deals, the Wall Street Journal reported. Wheeler told the CEOs that any deal would be assessed on its own merits, the newspaper cited people familiar with the matter. Wheeler saw some of the statements as a "significant over-reading" of the FCC staff's stance on the Comcast-Time Warner Cable deal, the newspaper said...
Wal-Mart to bring in-house some sourcing handled by Li & Fung
(Reuters) - Wal-Mart Stores Inc , the world's largest retailer, said it has decided to bring in-house some of the product sourcing that has been handled by Direct Sourcing Group (DSG), a unit of Hong Kong's Li & Fung Ltd . The move to buy more goods directly from factories comes as Wal-Mart, hampered by sluggish sales and profits, looks to squeeze costs out of its supply chain. "We have made a business decision to transfer certain sourcing functions for Wal-Mart in-house, and as such will work collaboratively with DSG to ensure a smooth transition over the next several months," Wal-Mart said in a statement...