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AP Technology NewsBrief at 11:56 a.m. EDT(Associated Press Via Acquire Media NewsEdge) Social media firms meet UK govt for riot talksLONDON (AP) _ More than two weeks after the end of riots in London and other English cities, Britain's government and police met social media executives Thursday to discuss how to prevent their services from being used to plot violence. But authorities did not seek new powers to shut down Facebook, Twitter or BlackBerry Messenger in times of crisis. Without Jobs, Apple must show it can still deliverSAN FRANCISCO (AP) _ With Steve Jobs bowing out as CEO, Apple Inc. must persuade investors and consumers that it doesn't need the force behind the iMac, iPod, iPhone and iPad in charge to keep the technology hits coming. Tim Cook, his hand-picked successor, has handled the top job repeatedly in the absence of the ailing Jobs, who resigned as chief executive Wednesday and was elected chairman of Apple's board. Though not nearly as recognizable as Jobs, Cook had been running Apple since January. The company's stock has risen 62 percent during that time. Apple stock recovers from shock of Jobs resigningNEW YORK (AP) _ Investors in Apple on Thursday morning appeared to be getting over the worst of the shock of Steve Jobs resignation from the CEO post. Apple shares were down $9.03, or 2.4 percent, at $367.15 in pre-market trading. That's half the loss seen in Thursday's extended trading, after Apple said Jobs would be ceding the CEO job to Tim Cook. With Jobs out as CEO, Apple looks to the futureSAN FRANCISCO (AP) _ Since Steve Jobs' return to Apple Inc. in 1997 as CEO, the company has been on an unparalleled upswing, highlighted by the immense popularity of the iPad and iPhone. Now, with Jobs no longer leading, Apple will have to prove it can keep its momentum. If the recent past is any indication, the company will continue to move forward. Apple's magic enthralls Main Street., Wall StreetSAN FRANCISCO (AP) _ It's easy to forget now, but Apple's magnetism was once confined to a cult-like following of geeks seduced by the elegance and simplicity of the company's computers. Over the past decade, though, Apple has emerged as a trendsetter and a wealth-making machine _ the rare company that appeals to the cool cats hanging out in hip cafes and the fat cats looking to make another killing on Wall Street. AMD names new CEO from LenovoNEW YORK (AP) _ Chipmaker AMD says its new chief executive will be Rory P. Read, the chief operating officer of Lenovo Group. Read replaces Thomas Seifert, the chief financial officer, who has served as interim CEO since January, when Dirk Meyer was ousted. In Jobs' second act with Apple, a dramatic revivalSAN FRANCISCO (AP) _ Steve Jobs' resignation as Apple Inc.'s CEO on Wednesday was freighted with sentimental significance, the curtain call on a dramatic 14-year performance in which he rescued one of the world's most beloved brands from the brink of technological irrelevance. As second chances go, Jobs' stewardship of Apple since returning in 1997 to the company he created with a high school friend in a Silicon Valley garage in the 1970s is widely seen as nothing short of first-class. And his job isn't done; he's staying on as chairman, where it remains to be seen how meaningfully his role in product design will change. Apple fans: Company is more than Steve JobsNEW YORK (AP) _ Apple fans and would-be customers seemed to agree that while Steve Jobs' charisma and innovative genius is one-of-a-kind, the company he built will survive without him. After he resigned as CEO of the iconic gadget maker, Jobs was not the topic of conversation. Report says Sprint to get iPhone in OctoberNEW YORK (AP) _ Sprint Nextel Corp., the country's third-largest cellphone company, will start selling the iPhone in mid-October, The Wall Street Journal said Tuesday. Citing unnamed people familiar with the matter, the newspaper said the wireless company will get to sell both the new iPhone 5 and the current model, the iPhone 4. The iPhone 5 will launch at the same time that AT&T Inc. and Verizon Wireless get it, the newspaper said. Google settles pharmacy ad probe for $500 millionPROVIDENCE, R.I. (AP) _ Google Inc. has agreed to pay $500 million to settle a U.S. government investigation into the Internet search leader's distribution of online ads from Canadian pharmacies illegally selling prescription drugs to American consumers. The settlement means Google will not face criminal prosecution for accusations that it improperly profited from ads promoting Canadian pharmacies that illegally imported drugs into the United States, Rhode Island U.S. Attorney Peter F. Neronha said. It is the first time an Internet search engine is being held responsible for the illegal distribution of drugs. (c) 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |