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Monday, September 22, 2014

Technology Report: Apple sells more than 10 million new iPhones in first 3 days

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09/22/2014
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Apple sells more than 10 million new iPhones in first 3 days
(Reuters) - Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays.
Alibaba IPO ranks as world's biggest after additional shares sold
HONG KONG (Reuters) - Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.
Sony PlayStation TV to hit stores on October 14
(Reuters) - Sony Corp said PlayStation TV set-top box, which allows users to access movies and TV episodes from the PlayStation store, will hit stores in the United States and Canada on Oct. 14.
N.Y. financial regulator says to focus on cyber security
NEW YORK (Reuters) - New York's financial regulator said on Monday his agency will focus on cyber security over the next year, saying the possibility of a systemic attack to the financial system is one thing that keeps him awake at night.
AT&T, Chernin venture to buy majority stake in Fullscreen
LOS ANGELES (Reuters) - Otter Media, a joint venture between telecom giant AT&T Inc and The Chernin Group, has agreed to buy a majority stake in Fullscreen, one of the largest networks on YouTube, the companies announced on Monday.
Naver says no 2014 float for Line, clouding deal outlook
SEOUL (Reuters) - Japanese messaging app operator Line Corp [IPO-LINE.T] will not list this year, its parent Naver Corp said on Monday, having been readying a much-anticipated flotation that a source said could value it at up to $20 billion.
New smartphone app gives sight to the blind
SAN FRANCISCO (Reuters) - Jonathan Mosen, who has been blind since birth, spent his evening snapping photos of packages in the mail, his son's school report and labels on bottles in the fridge. In seconds, he was listening to audio of the printed words the camera captured, courtesy of a new app on his Apple Inc iPhone.
Israel approves Intel's $6 billion investment in chip plant
TEL AVIV (Reuters) - Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant, in what would be the largest single investment by a foreign company in the country.
New apps to aid in home design and renovations
NEW YORK (Reuters) - Home owners and renters looking to redesign or renovate can turn to new apps to help simplify the process and get the job done sooner and more efficiently.
German union calls strikes again at Amazon warehouses
FRANKFURT (Reuters) - Workers at German warehouses of online retailer Amazon.com took strike action again on Monday as labor union Verdi pressed its demands in a long-running dispute over pay and conditions.
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