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AP Technology NewsBrief at 4:47 p.m. EDT
(Associated Press Via Acquire Media NewsEdge) Yahoo jazzes up home page with major makeoverSAN FRANCISCO (AP) _ Yahoo Inc. is sprucing up its Web site's home page with a long-promised makeover that is supposed to make it easier to see what's happening at the Internet's other hot spots. The revamped home page, scheduled to debut Tuesday in the United States, is part of an overhaul aimed at recapturing some of the buzz that Yahoo has lost to increasingly popular online hangouts like Facebook, MySpace and Twitter.
Yahoo 2Q profit rises 8 pct to top analyst viewsSUNNYVALE, Calif. (AP) _ Yahoo Inc.'s second-quarter profit rose 8 percent, boosted by the cost-cutting the Internet company has imposed as it tries to bounce back from a long slump. The results announced Tuesday marked Yahoo's first quarterly earnings increase since the first three months of 2008.
AMD 2Q sales slump 13 pct, loss narrowsSAN FRANCISCO (AP) _ Advanced Micro Devices Inc. narrowed its loss in the second quarter, even though sales at the chip company slumped 13 percent. The revenue decline reported Tuesday wasn't quite as severe as Wall Street had feared. One bright spot was higher prices for graphics chips. But the loss exceeded forecasts, and AMD shares sank in extended trading.
Twitter all-star? Best Buy puts number at 250CHICAGO (AP) _ After buzz built online about a new marketing job, Best Buy Co. Inc. is reworking the help-wanted listing that sought Twitter experience and put a number on it _ 250 followers. After the initial description for the new position of senior manager of emerging media marketing was published four weeks ago, the world's largest consumer electronics chain watched as the blogosphere reacted, prompting scores of tweets, re-tweets and blog posts.
New Barnes & Noble multi-format e-books dog AmazonPORTLAND, Ore. (AP) _ Barnes & Noble Inc. on Monday stepped up its fight in the small but highly competitive market for electronic books with the launch of a new e-bookstore offering titles to be read on a variety of devices. Barnes & Noble will sell books that shoppers can read on the iPhone, iPod Touch, BlackBerry and most personal computers, whereas competitors have sold devices designed solely for reading electronic books, such as Amazon.com's Kindle or Sony Corp.'s Sony Reader.
Bill Gates: Better data mean better schoolsPHILADELPHIA (AP) _ The U.S. must improve its educational standing in the world by rewarding effective teaching and by developing better, universal measures of performance for students and teachers, Microsoft co-founder Bill Gates said Tuesday. Speaking at the National Conference of State Legislatures' annual legislative summit, Gates told hundreds of lawmakers how federal stimulus money should be used to spark educational innovation, spread best practices and improve accountability.
Chinese Web sites close amid tightening controlsBEIJING (AP) _ Two more Web sites dedicated to social networking went offline in China on Tuesday amid tightening controls that have blocked Facebook, Twitter and other popular sites that offered many Chinese a rare taste of free expression. China's crackdown on social networking sites began in March, when Chinese Web users found they could no longer visit YouTube shortly after video appeared on the site purporting to show Chinese security officials mistreating Tibetans.
VC investments plunge 51 pct to $3.7 billion in 2QSAN FRANCISCO (AP) _ Venture capitalists cut their U.S. investments in half during the spring, the second-consecutive quarter to mark a more than 50 percent decline, leaving the money flowing to startups at the slowest trickle in 12 years. Nearly $3.7 billion poured into 612 venture-capital deals in the three months ending in June, according to statistics released Tuesday by PricewaterhouseCoopers, Thomson Reuters and the National Venture Capital Association.
UK court rejects suit on Google search resultsLONDON (AP) _ A British judge has ruled that Google cannot be held responsible for defamatory words that appear in results on the popular Internet search engine. Justice David Eady said that Google is not a publisher because searches are carried out entirely by computers and the search engine does not choose the terms itself.
Toshiba likely to embrace one-time rival Blu-rayTOKYO (AP) _ After losing its battle to make the HD-DVD the successor to the DVD, Toshiba Corp. is considering making products in the winning format, Blu-ray. Although Blu-ray is backed by Toshiba competitors such as Sony Corp. and Panasonic Corp., Toshiba has little choice. It no longer makes recorders and players in HD-DVD. The Blu-ray alliance was more successful in wooing Hollywood studios.
(c) 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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