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AP Technology NewsBrief at 11:42 a.m. EDT(Associated Press Via Acquire Media NewsEdge) SEC cans Web campaign to buy beer companyWASHINGTON (AP) _ It seemed like an innovative way to buy a beer company: Start an online campaign to purchase the iconic Pabst Brewing Co. and sell shares on Facebook and Twitter to cover the $300 million cost. Michael Migliozzi II and Brian William Flatow found 5 million people who said they would invest a total of $200 million. But the federal government halted the venture after it informed the two men of one major oversight _ they neglected to register the public offering with the Securities and Exchange Commission, a violation of federal law. Nokia's head of technology takes time outHELSINKI, Finland (AP) _ The world's largest handset maker, Nokia Corp., says its head of technology is taking a leave of absence for an unspecified amount of time. Nokia spokeswoman Paivyt Tallqvist says Chief Technology Officer Richard Green is taking time off "to attend to a personal matter," but wouldn't give more details. China's Sina plans English-language microblogBEIJING (AP) _ Sina Corp., a popular Chinese Web portal, said Thursday it will launch an English-language microblog aimed at users abroad, entering a market dominated by U.S.-based Twitter. The service will be a version of Sina's Chinese-language Weibo microblog, said a company spokesman, Mao Taotao. Court says Microsoft must pay in patent caseWASHINGTON (AP) _ The Supreme Court ruled Thursday that Microsoft Corp. must pay a $290 million judgment awarded to a small Toronto software company for infringing on one of its patents inside its popular Microsoft Word program. The high court unanimously refused to throw out the judgment against the world's largest software maker. Citigroup says hackers accessed credit card dataHONG KONG (AP) _ Citigroup Inc. said Thursday that hackers accessed the credit card information of North American customers, in an online security breach affecting about 200,000 accounts. The bank said it recently discovered during routine monitoring that account information for about 1 percent of customers was viewed. Tech-savvy Iceland online for new constitutionREYKJAVIK, Iceland (AP) _ How do you write a new constitution in the 21st century? You go where the people are _ online. That was the decision of tiny but tech-savvy Iceland, which is overhauling its constitution in the wake of an economic catastrophe, and has turned to the Internet to get input from citizens. More ads hit online TV as Web audiences growLOS ANGELES (AP) _ One of the rewards of watching TV online is not having to sit through as many commercials. Now the networks are chipping away at that little luxury. CBS shows twice as many ads per show on its website as it did last year. The CW network shows four times as many. Dozens of shows from major cable networks now carry as many ads online as they do on TV. More shows will follow soon. Review: HTC Flyer tablet mates with slippery penNEW YORK (AP) _ Is it better to have loved and lost, than to have never loved at all? That's the question posed by a new tablet computer that takes aim at one of the deficiencies of the iPad: that it's difficult to write on it with a stylus or pen. The HTC Flyer is a $500 tablet with a 7-inch screen. At a glance, it's not much different from the other tablets that are scrambling to compete with Apple Inc.'s iPad. Fusion-io shares jump in market debutNEW YORK (AP) _ Shares of Fusion-io, a maker of fast, chip-based "hard drives" for servers, are climbing in their market debut after the initial public offering priced above expectations. Shares priced at $19 each, above early expectations of $13 to $15. That price valued the company at $1.48 billion. The company and its shareholders sold $234 million in stock. Nintendo stock plunges amid doubts about new WiiTOKYO (AP) _ Nintendo stock plunged Wednesday in Tokyo amid doubts about the consumer appeal of the Wii U, the much ballyhooed successor to its hit Wii video game console. The demonstration of a prototype at the Electronic Entertainment Expo, the gaming industry's annual convention, in Los Angeles on Tuesday, appeared to leave investors disappointed and skeptical. (c) 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |