WASHINGTON For a president who promotes technology at every opportunity, Barack Obama often strikes an awed, self-effacing pose in the presence of technicians, scientists and high tech machinery.
LOS ANGELES The Walt Disney Co. said Tuesday that its net income rose 12 percent in the final quarter of 2011, as a slimmer movie slate and upbeat theme park results helped the company top earnings forecasts even while revenue gains were less than expected.
SAN FRANCISCO Yahoo Chairman Roy Bostock and three longtime board members are stepping down, submitting to the demands of many frustrated shareholders who blame them for contributing to the follies that have dragged down the Internet company's revenue and stock price.
CAREER OPPORTUNITY: All those apps being made for smartphones, computer tablets and Facebook's online social network are helping the U.S. economy lower its unemployment rate. A study released Tuesday by the technology trade group TechNet estimates apps are responsible for creating about 466,000 U.S. jobs since 2007.
NEW YORK U.S. magazine sales at newsstands and other retailers dropped 10 percent in the second half of 2011, a sign that Americans are still careful about discretionary spending and impulse purchases.
SAN FRANCISCO Business software maker Oracle Corp. has turned down $272 million in court-ordered damages from SAP AG in hopes of leaving a much bigger dent in its rival's pocketbook and reputation during a second trial over allegations of corporate theft.
SAN FRANCISCO Looking for a promising career in a lousy economy? A new study suggests you're apt to find it in apps - the services and tools built to run on smartphones, computer tablets and Facebook's online social network.
BELLEVUE, Wash. Coinstar's fourth-quarter earnings soared past analyst estimates as the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service.
A new Internet streaming venture built around Redbox's DVD-rental kiosks adds to a crowded field of online video-viewing services dominated by Netflix.
NEW YORK You thought you found your one true love online, but now you've been dumped by text or defriended on Facebook without a peep of explanation. Hours of bad TV in your bathrobe haven't helped. Your friends are tired of your whining.
WASHINGTON A developing Senate plan that would bolster the government's ability to regulate the computer security of companies that run critical industries is drawing strong opposition from businesses that say it goes too far and security experts who believe it should have even more teeth.
NEW YORK Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.
NEW DELHI Google India has removed web pages deemed offensive to Indian political and religious leaders to comply with a court case that has raised censorship fears in the world's largest democracy, media reported Monday.
NEW YORK Facebook's billionaire CEO Mark Zuckerberg calls himself a hacker.
FRANKFURT, Germany Apple Inc. has temporarily blocked Motorola Mobility's attempt to have it withdraw several iPhone and iPad models from its Internet store in Germany, the latest twist in an extended legal duel over patents between the companies.
SAN FRANCISCO Hewlett-Packard Co. ushered in Meg Whitman as its CEO with a $16.5 million compensation package that hinges on the one-time politician's ability to lift the stumbling technology company's stock price during the next two years.
SALT LAKE CITY Saboteurs stole passwords and sensitive information on tipsters while hacking into the websites of several law enforcement agencies worldwide in attacks attributed to the collective known as Anonymous.
BOISE, Idaho The image Steve Appleton cultivated as a stunt pilot and off-road rally driver became the perfect metaphor for his wild, 18-year ride as the leader of Micron Technology Inc., where stomach-churning swings from billion-dollar profit to billion-dollar loss required the constitution of a business daredevil to survive.
STOCKHOLM A group linked to the hacker network Anonymous says it has attacked the Swedish government's website and shut it down by overloading it.
NEW YORK Motorola Mobility says about 100 Xoom tablet computers that it refurbished for sale on Woot.com may not have been properly wiped of the previous owners' data.
