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AP Technology NewsBrief at 9:26 a.m. EDT(Associated Press Via Acquire Media NewsEdge) Silicon Valley on Apple post-Jobs: success for nowCUPERTINO, Calif. (AP) _ Apple headquarters is still standing in this leafy Silicon Valley suburb even after Steve Jobs' industry-rattling announcement that he was resigning as chief executive of the company he co-founded in a garage more than three decades ago. That news comes as little surprise in the Valley, where few doubted Thursday that despite the loss of its legendary leader Apple would continue to succeed _ at least for the next few years. Report shows more US farmers relying on InternetFRESNO, Calif. (AP) _ Think of farms and images of tractors and combines come to mind. But what about laptops, smart phones and tablets? The number of farmers with Internet access on a variety of digital gadgets has dramatically increased, changing the way farms do business. Farmers say they're increasingly using the Net to speed up their work flow, improve their farming techniques, market their crops, connect with customers and retailers, and fulfill a variety of regulatory requirements. Jobs' new job at Apple could be 'chief visionary'SAN FRANCISCO (AP) _ The end of Steve Jobs' reign as Apple Inc. CEO doesn't mean he is bowing out as the maestro of personal technology. True to its tight-lipped style, Apple isn't spelling out how actively involved Jobs will be as the company's new chairman while he tends to his own fragile health after surviving pancreatic cancer and a liver transplant during the past seven years. After Apple's fall, is it time to buy or sell?NEW YORK (AP) _ Should you buy or sell Apple? After the announcement that Steve Jobs is stepping down as CEO, investors pushed Apple's stock down 0.7 percent on Thursday. By contrast, Wall Street analysts reacted with predictable optimism: Buy _ a lot. Sport associations applaud federal Internet rulingMADISON, Wis. (AP) _ High school athletic associations nationwide say a federal appeals court ruling upholding Wisconsin's right to sell exclusive rights to live-stream games online preserves a lucrative new revenue stream, while newspaper groups fear the ruling could lead to more restrictions on covering games that entire communities follow. The dispute centers around the Wisconsin Interscholastic Athletic Association's exclusive contract with American-HiFi to live stream state tournament games. The WIAA sued in 2008 after the Appleton Post-Crescent newspaper streamed four high school football playoff games on its own. A federal judge sided with the WIAA last year. On Wednesday, the 7th Circuit Court of Appeals backed him up, saying the First Amendment doesn't guarantee media outlets free broadcasting rights. 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. 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 rose 62 percent when Cook was in charge in the first half of 2009, and it gained 8 percent since Jobs announced his most recent leave. Apple stock recovers from shock of Jobs resigningNEW YORK (AP) _ Apple shareholders on Thursday appeared to be getting over the sudden resignation of Steve Jobs. Apple Inc. shares fell $4.03, or about 1 percent, to $372.16 in midday trading, but the entire market was down by an equal amount as well. In extended trading Thursday evening, the fell more than 5 percent after Apple said Jobs would step down as CEO and hand the job to chief operating officer 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. AMD names new CEO from LenovoNEW YORK (AP) _ Chip maker Advanced Micro Devices Inc. has named an executive from PC maker Lenovo Group as its new CEO Thursday, giving him a mission to improve the struggling company's finances and turn the rise of smartphones and tablets into an opportunity rather than a threat. Rory P. Read, who was Lenovo's chief operating officer, takes the helm of AMD from Chief Financial Officer Thomas Seifert, who had served as interim CEO since January, when Dirk Meyer was ousted. Seifert remains the company's CFO. (c) 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |