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AP Technology NewsBrief at 6:28 p.m. EDT
(Associated Press Via Acquire Media NewsEdge) Facebook valued at up to $95B in IPO price rangeNEW YORK (AP) _ Facebook, the company that turned the Web social, has set a price range for an initial public offering of stock that values the company at up to $95 billion. Facebook's IPO would be the biggest ever for an Internet company. Facebook disclosed the price range of $28 to $35 per share in a regulatory filing Thursday.
LinkedIn to buy SlideShare as 1Q beats StreetMOUNTAIN VIEW, Calif. (AP) _ LinkedIn Corp. said Thursday that its first-quarter profit more than doubled, and the business networking company is buying presentation sharing website SlideShare for $118.8 million. Shares jumped 8 percent in extended trading.
Yahoo investor says CEO lied about tech degreeSAN FRANCISCO (AP) _ A major Yahoo shareholder is accusing the Internet company's CEO of lying about his technology credentials to make himself appear more qualified for the job. Activist hedge fund Daniel Loeb says he has discovered that Yahoo CEO Scott Thompson doesn't have a bachelor's degree in computer science from Stonehill College near Boston as the company states in regulatory documents filed last week. He made the allegation in a letter on Thursday to Yahoo's board of directors.
Review: 'Star Wars,' Pixar characters boost KinectGeorge Lucas' sprawling "Star Wars" universe has always lent itself to games _ even if they were as simple as pretend light saber duels in your backyard. "Kinect Star Wars" (LucasArts, for the Xbox 360, $49.99) is a light saber fan's dream title. Using Microsoft's Kinect camera, which translates your motions into on-screen activity, you start with training against floating droids shooting red rays. Eventually, you can challenge Darth Vader himself. It's a good upper-body workout, and you get the signature hum of the famous movie weapon.
Samsung reveals new flagship Galaxy smartphoneNEW YORK (AP) _ Samsung Electronics Co.'s latest Galaxy phone will have a high-definition touch screen that's nearly twice the size of the iPhone, while being thinner and lighter than Apple's phone. The Galaxy line has emerged as the biggest competitor to the iPhone. Samsung said the Galaxy S III will go on sale in Europe on May 29 and in the U.S. this summer. The Korean company showed off the phone Thursday at an event in London.
Shares of BlackBerry maker hit eight-year lowTORONTO (AP) _ Shares of Research in Motion Ltd. hit an eight-year low Thursday and have fallen more than 15 percent in the past three days, after the company unveiled a prototype BlackBerry with new software. THE SPARK: The prototype has caused angst for BlackBerry users and RIM investors. When new chief executive Thorsten Heins unveiled a touchscreen prototype Tuesday at RIM's annual BlackBerry World conference in Orlando, Fla., he gave no new timetable on when the much-delayed devices will be released.
Review: Using files made easy with online storageNEW YORK (AP) _ Moving digital files between your work and home computers can be a pain. Add smartphones and tablet computers to the mix, and you've got yourself a giant headache. Google Inc. unveiled its solution to the problem last week, while two other companies, Dropbox Inc. and Microsoft Corp., improved their existing offerings. The idea is to leave your files on their computers, so that you can access them from any Internet-connected device, wherever you are.
Comcast 1Q earnings up 30 percentNEW YORK (AP) _ Comcast Corp., the country's largest cable company, reported a 30 percent profit increase in the first quarter, beating expectations on the strength of Super Bowl advertising and its popular broadband service. The Philadelphia-based cable company said Wednesday that its net income rose to $1.224 billion, or 45 cents per share, for the January to March period from $943 million, or 34 cents per share, a year ago.
RIM says will still make keypads for BlackBerrysTORONTO (AP) _ Research in Motion Ltd. says future BlackBerry models will still offer physical keyboards. Some reports suggested RIM would ditch the physical keys favored by its users, but CEO Thorsten Heins said Wednesday that RIM won't lose the focus on physical keypads.
Google wants authors group out of NY library caseNEW YORK (AP) _ Google Inc. urged a judge Thursday to toss The Authors Guild and an organization representing photographers out of 6-year-old litigation over the future of the world's largest digital library, a move that would force authors and photographers to individually fight the online search engine giant. Google attorney Daralyn Durie told Judge Denny Chin in federal court in Manhattan that authors and photographers would be better off fending for themselves because their circumstances varied widely, especially since the copyright issue for authors involves the display of small snippets of text.
(c) 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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