Technology Report: Verizon backtracks on $2 fee after customer outrage

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	12/30/2011
Good afternoon Verizon Wireless has reversed its decision to charge a $2 fee for one-time telephone and online bill payments after a storm of criticism from consumers and the U.S. communications regulator. Occupy protesters say they are making their own Facebook, Wired.com reports. If the last decade was all about open source, the next decade will be about open APIs. However, as with open source, APIs aren't necessarily a guarantee of billions in the bank, Matt Asay writes in The Register. "As baffling as it may seem, HP was trying to rid itself of Palm without taking a loss on its purchase", a source with knowledge of the negotiations told MobileBeat.   LATEST NEWS Verizon backtracks on $2 fee after customer outrage December 30, 2011 03:54 PM ET NEW YORK (Reuters) - Verizon Wireless has reversed its decision to charge a $2 fee for one-time telephone and online bill payments after a storm of criticism from consumers and the U.S. communications regulator. | Full Article Stratfor hackers publish email, password data December 30, 2011 02:20 PM ET Boston (Reuters) - Hackers affiliated with the Anonymous group published hundreds of thousands of email addresses they claimed belong to subscribers of private intelligence analysis firm Strategic Forecasting Inc. | Full Article New details rekindle HP-Hurd flap December 30, 2011 11:32 AM ET (Reuters) - Former Hewlett Packard CEO Mark Hurd made increasingly aggressive romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to claims in a letter from her lawyer obtained by Reuters. | Full Article Hackers, IT units focusing on smartphone security December 30, 2011 07:39 AM ET BERLIN (Reuters) - Mobile phones, long seen as safe amid rising threats to computer security, have become a key target for hackers and an increasing worry for corporate IT departments. | Full Article China urges tighter Internet security after series of data leaks December 30, 2011 10:00 AM ET SHANGHAI (Reuters) - The Chinese government is working with domestic Internet search engines like Baidu Inc and Sohu.com and financial institutions to prevent phishing attacks on unsuspecting Chinese web users. | Full Article BUSINESS NEWS Wall St off on last trading day December 30, 2011 03:12 PM ET NEW YORK (Reuters) - U.S. stocks fell on Friday, the last trading day of a turbulent year, with the broad S&P 500 index on track to end 2011 barely changed from 2010's closing level. | Full Article Wall Street Week Ahead: And you thought 2011 was tough? December 30, 2011 02:46 PM ET NEW YORK (Reuters) - Shaky Europe. Political gridlock. Volatile markets. | Full Article Spain says deficit bigger than expected, hikes taxes December 30, 2011 03:01 PM ET MADRID (Reuters) - Spain's new government said on Friday that this year's budget deficit would be much larger than expected and announced a slew of surprise tax hikes and wage freezes that could drag the country back to the centre of the euro zone debt crisis. | Full Article Walgreen preps customers for loss of Express Scripts December 30, 2011 02:47 PM ET (Reuters) - Walgreen Co said on Friday it will increase staffing at its call centers and offer discounts as it tries to hang on to customers once it stops filling prescriptions for Express Scripts Inc members on Sunday. | Full Article Whirlpool accuses Samsung, LG of dumping washers December 30, 2011 03:42 PM ET (Reuters) - Whirlpool Corp on Friday accused two South Korean rivals, Samsung Electronics and LG Electronics , of dumping washing machines in the United States by selling them "at substantially less than fair value." | Full Article U.S. TOP NEWS White House says delaying debt ceiling request Seventeen dead as Syrians stage mass protests Iowa's quirky caucuses open 2012 White House race North Korea's new leaders lash out at South Korea and allies Exclusive: U.S. mulls transfer of senior Taliban prisoner RELATED VIDEO Breakingviews: Confidence key for tech trends in 2012 DOJ online gambling ruling is confusing, says industry Batcopter flies to reveal secrets of swarming A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. 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