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...]

Friday’s Funny Feature – Close Call, Featuring Freddie Wong & Google Glass

freddie wong close call google glass

By Heath McKnight (doddleNEWS) Ah, Google Glass. Seems so cool, right? Super tech, attached to our faces, like something out of a sci-fi movie. And priced about the same as a big budget sci-fi movie... Anyway, there's been a lot of debate about Google Glass, including etiquite, using while … [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...]

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...]

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...]

Axiom 4K Camera To Sell for Cost During Crowdfunding Campaign

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First 250 cameras will be part of Beta Test By James DeRuvo (doddleNEWS) Of all the cameras I saw at NAB this year, the one I didn't find was the Apertus Axiom. But that didn't mean its presence wasn't keenly felt, because shortly after the Las Vegas confab, Sebastian Pichelhofer, Lead Project … [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...]

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

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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...]

Relativity Media takes on Disney with Maker Studios bid

maker studios logo

(Reuters) Privately held film and TV studio Relativity Media has offered up to $1.1 billion to buy Maker Studios, whose shareholders are scheduled to vote on Tuesday on a bid by the Walt Disney Co, according to a letter provided to Reuters. Relativity offered $525 million in cash and stock to … [Read more...]

Twitter CEO, co-founders not to sell shares after lockup ends

twitter logo ios 7 icon

Reuters) Twitter Inc co-founders, Jack Dorsey and Evan Williams, and Chief Executive Richard Costolo have informed U.S. regulators that they did not plan to sell the microblogging company's shares after post-IPO restrictions are lifted in May. Twitter, which debuted on the New York Stock Exchange … [Read more...]

Virtual reality opens London Marathon to all

london marathon

By Mitch Phillips - LONDON (Reuters) "You're virtually there" is a common shout of encouragement to ailing runners in the London marathon but thanks to a new "interactive 3D experience" athletes the world over will be able to navigate the course from the comfort of their own treadmill. Marathon … [Read more...]

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