Microsoft’s Xbox One sales cross 5 million

XBox One

SAN FRANCISCO (Reuters) Microsoft Corp has sold over 5 million Xbox One video game consoles to retailers since its launch in November, the company said on Thursday. In January, the U.S. software company said Xbox One sales had crossed three million as of the end of 2013. The console went on … [Read more...]

Mt. Gox suitors seek support to save bitcoin exchange

mtgox-bitcoin Mt. Gox bitcoin

(Reuters) A group of investors seeking to buy Mt. Gox has launched a website to garner support from creditors of the bankrupt bitcoin exchange to prevent a liquidation of its assets. "We need your help to stop a liquidation, which would be good neither for Mt. Gox creditors nor bitcoin's … [Read more...]

Tribeca Festival films go behind the scenes in fashion, dance and theater

tribeca film festival logo

By Patricia Reaney - NEW YORK (Reuters) From final fittings at a famous Parisian fashion house to rehearsals for a young choreographer's new work for the New York City Ballet and a global tour of "Richard III," documentaries at the Tribeca Film Festival give viewers the film equivalent of a … [Read more...]

Retailer Michaels Stores confirms payment card data breach

michaels stores logo

(Reuters) Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Friday confirmed that there was a breach of certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers. The company said in January that it was working with federal law enforcement … [Read more...]

Salsa music legend Jose “Cheo” Feliciano, 78, dies in car crash

Cheo Feliciano

By Ana Martinez-Santiago - SAN JUAN (Reuters) Puerto Rican singer José Luis "Cheo" Feliciano, who performed with some of salsa's top stars, was killed in a car crash in San Juan early Thursday morning, police said. He was 78. Puerto Rico Governor Alejandro Garcia Padilla declared three days … [Read more...]

Online retailers in Germany under fire over working conditions

amazon germany logo

FRANKFURT (Reuters) Working practices at the German operations of two of Europe's largest online retailers have come under fire this week, with more strikes at Amazon and Zalando being forced to defend its warehouse operations after a critical TV report. Hundreds of workers walked off their jobs … [Read more...]

Google still top pick for Wall Street, despite mobile ad challenges

Google Logo

By Saqib Iqbal Ahmed (Reuters) Google Inc's disappointing first-quarter results left Wall Street unfazed about the internet giant's ability to come to grips with a shift to the fast-growing mobile advertising market. Google shares were down 2 percent in premarket trading on Thursday and at least … [Read more...]

Sony sells more than 7 million PlayStation 4 consoles

PlayStation 4

By Malathi Nayak (Reuters) Sony Corp said on Wednesday it sold more than 7 million PlayStation 4 videogame consoles in just over four months to April 6, double the number of the older version, PlayStation 3, sold in about the same time frame after its launch. Sony is struggling to keep pace with … [Read more...]

Google, IBM results raise questions about other tech-sector companies

Google Logo

By Alexei Oreskovic and Noel Randewich - SAN FRANCISCO (Reuters) Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming … [Read more...]

Canadian charged in ‘Heartbleed’ attack on tax agency

heartbleed bug

OTTAWA (Reuters) Canadian police have arrested a 19-year-old man and charged him in connection with exploiting the "Heartbleed" bug to steal taxpayer data from a government website, the Royal Canadian Mounted Police (RCMP) said on Wednesday. In what appeared to be the first report of an attack … [Read more...]

AC/DC guitarist Malcolm Young takes leave due to illness

malcom young ac/dc

LOS ANGELES (Reuters) AC/DC guitarist Malcolm Young will take a break from the Australian hard rock group he founded because of ill health, the band said in a statement on Wednesday. The pioneering group dispelled speculation that they would disband after Young, 61, took his leave, saying "the … [Read more...]

BlackBerry’s meltdown sparks start-up boom in Canada’s Silicon Valley

A Blackberry logo is seen through a cracked box in this photo illustration taken in Zenica

By Sayantani Ghosh, Ashutosh Pandey and Euan Rocha (Reuters) The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario. … [Read more...]

Megaupload’s Kim Dotcom, facing legal threat, launches political party

kim dotcom

By Naomi Tajitsu - AUCKLAND (Reuters) Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom. His … [Read more...]

Yahoo reports modest revenue growth in Q1, shares rally

yahoo new logo 2013

By Alexei Oreskovic - SAN FRANCISCO (Reuters) Yahoo Inc delivered modest revenue growth in the first quarter but its shares jumped on strong results from Alibaba Group Holding Ltd ahead of the Chinese e-commerce company's highly anticipated initial public offering. Shares of Yahoo were up … [Read more...]

U.S. wrestler The Ultimate Warrior died of heart disease: autopsy

ultimate warrior

(Reuters) The Ultimate Warrior, one of the most celebrated names in U.S. professional wrestling, died of natural causes attributed to heart disease, an Arizona coroner's office said on Tuesday. An autopsy on the 54-year-old wrestler, whose given name was James Hellwig, confirmed his cause of … [Read more...]

Infosys says staff exodus a worry after fourth quarter profits beat estimates


By Soham Chatterjee and Nivedita Bhattacharjee - BANGALORE/MUMBAI (Reuters) Staff left India's second largest IT services exporter Infosys Ltd at an unprecedented pace in the last quarter, worrying its management and raising investors' concerns about its ability to win lucrative contracts even as … [Read more...]

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