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EU offers Google last chance in antitrust case

People walk past a logo next to the main entrance of the Google building in ZurichBRUSSELS (Reuters) - The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter of weeks to settle an investigation into allegations of anti-competitive behavior and avoid formal charges and a possible fine. Even if the world's most popular search engine offers concessions to resolve the issue, it will still be under the EU spotlight following fresh complaints over its Android mobile software, the top operating system for Internet-enabled smartphones. ...


Four climbers die on Everest

German, South Korean, Chinese and Canadian climbers died on Everest yesterdayFour climbers from Germany, South Korea, China and Canada have died returning from the summit of Mount Everest, tour agents and officials said Monday, with one other mountaineer also missing.


Facebook snaps up social gifting app Karma

Facebook is very busy. The social networking company just had its initial public offering on Friday, made news earlier this month when it paid $1 billion for social photography app Instagram, and just acquired another notable app: Karma (also available on Android).

Larson Electronics' Magnalight.com Announces Addition of Adjustable Surface Mount LED Light Pole

KEMP, Texas, May 21, 2012 /PRNewswire/ -- Larson Electronics' Magnalight.com announced today the addition of the TPM-2XLEDP3W-3 adjustable surface mount LED light pole to its line of high power LED lighting ...

Some HTC phones released from Customs after Apple patent ploy stalls shipments

Some HTC phones released from Customs after Apple patent ploy stalls shipmentsHTC on Sunday announced that some of its smartphones have already been inspected by United States Customs and have been released to carriers. The Taiwan-based vendor hit a roadblock last week when its devices were held up in Customs due to an ongoing legal dispute with Apple. “Each imported HTC model must be reviewed by Customs and will be released once Customs officials have completed the inspection,” the company wrote on its website. “Some models have gone through inspection and been released to our carriers customers. We don’t have the status of each specific device model at this time, but we are working closely with Customs. We remain confident that this issue will be resolved soon.” Earlier reports suggested that HTC


Obama video hits Romney role in Ampad bankruptcy

FILE - In this July 14, 2006, file photo, Massachusetts Gov. Mitt Romney uses a map of the Big Dig tunnels to make a point about potential trouble spots during an afternoon briefing in Boston. Romney was at his New Hampshire vacation home on a summer night in 2006 when tons of concrete ceiling panels in one of Boston’s Big Dig highway tunnels collapsed. The debris crushed a car and killed a female passenger. Romney, then in his final year as Massachusetts governor, dashed back to Boston and immersed himself in the crisis. His response offers insights into what kind of leader the expected Republican nominee would be if elected president. Romney has made his management skills a major selling point in his campaign. (AP Photo/Celina Fang)The story of Ampad, a company acquired by Bain Capital in 1992 that later went bankrupt, was used successfully by Democrats 18 years ago to help derail Mitt Romney’s run for a U.S. Senate seat from Massachusetts.


Suicide bomber kills at least 96 in Yemen; al-Qaida claims responsibility

On Monday, a suicide bomber posing as a member of the Yemen military killed at least 96 people and wounded hundreds more--most if not all soldiers--in a blast in Sanaa, Yemen's capital. The soldiers were rehearsing for a military parade in Sabeen Square near the presidential palace, Yemeni officials said. According to Agence France-Press, the [...]

Former Yahoo CEO steps down from Splunk board

Scott Thompson, the former CEO of Yahoo, has also resigned from the board of software maker Splunk Inc.

Ahead of the Bell: Facebook below IPO price

Facebook Inc. stock has dropped below the initial public stock offering price in premarket trading Monday, an inauspicious start to the company's first full week of trading after its market debut Friday suffered some hiccups.

Ahead of the Bell: Facebook below IPO price

Facebook Inc. stock has dropped below the initial public stock offering price in premarket trading Monday, an inauspicious start to the company's first full week of trading after its market debut Friday suffered some hiccups.

RI's big bet on Curt Schilling raises questions

Former Boston Red Sox pitcher Curt Schilling, center, is followed by members of the media as he departs the Rhode Island Economic Development Corporation headquarters, in Providence, R.I., Wednesday, May 16, 2012. Schilling briefed Rhode Island Gov. Lincoln Chafee and economic development officials Wednesday during a closed-door meeting that could determine the fate of his video game company. (AP Photo/Steven Senne)In 2010, the man who'd helped Boston win its first World Series in more than 80 years came to Rhode Island promising the job-starved state something even better: hundreds of good jobs, millions of dollars in tax revenue and a foothold in the booming business of video games.


Dominican election in dispute after apparent win

A woman mark her ballot during the presidential election in Santo Domingo, Dominican Republic, Sunday May 20, 2012. (AP Photo/Manuel Diaz)A governing party official appeared to have scored a first-round win in the Dominican Republic's presidential election but supporters of his main opponent said they would challenge the results.


John Edwards jury looking at 'bunny' money

John Edwards arrives at the federal courthouse for jury deliberations in GreensboroEdwards' trial for misusing campaign money enters its second full day of jury deliberations.


Ahead of the Bell: Watching Facebook after the IPO

Facebook Inc.'s stock will be closely watched this week after the social network's market debut on Friday suffered some hiccups.

Aftershocks rattle Italy, residents sleep outdoors

The old tower is seen collapsed after an earthquake in Finale EmiliaThousands of people in northern Italy slept in tents and cars overnight as more than 100 aftershocks rocked the area hit by a magnitude 6.0 quake that killed seven and inflicted heavy damage to centuries-old sites.


Ultra Electronics - Blocklisting Interim Review

 BLOCKLISTING SIX MONTHLY REVIEW Date: 21 May 2012 Name of applicant :Ultra Electronics Holdings plcName of scheme:a. Executive Share Option Schemeb. Company Share Option Planc. United States Savings ...

Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion

Employees play table tennis inside the headquarters office of Alibaba (China) Technology Co. Ltd on the outskirts of HangzhouSHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...


Alibaba buys back stake held by Yahoo for $7.1 billion

Employees play table tennis inside the headquarters office of Alibaba (China) Technology Co. Ltd on the outskirts of HangzhouChinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing.


China approves Google’s Motorola buy, demands Android remain open

China approves Google’s Motorola buy, demands Android remain openThe United States Department of Justice approved Google’s $12.5 billion acquisition of Motorola Mobility this past February, but the massive deal awaited the blessing of one more major regulatory body before it could go through. This past weekend, China’s Ministry of Commerce followed the DOJ’s lead and granted Google permission to acquire the struggling vendor. China’s MOC did have a condition Google must honor if it moves forward with the deal, however: Android must remain open-source and freely available. Google announced last August that it intended to acquire Motorola Mobility for $12.5 billion, and the deal is expected to close in the coming months.


Gay advocates urge no prison time for Rutgers student

Ravi, a former Rutgers University student charged with bias intimidation, sits with his defense attorneys while awaiting a verdict in his trial at the Superior Court of New Jersey in Middlesex CountyNEW BRUNSWICK, New Jersey (Reuters) - A former Rutgers University student faces up to 10 years in prison at his sentencing on Monday for hate crimes after spying on his roommate's gay tryst, but many gay advocates are calling for no time behind bars. Tyler Clementi, 18, committed suicide in 2010 after learning that Dharun Ravi used a computer-mounted camera to see him kissing an older man in their dorm room and used social media to encourage others to watch. ...


Google says disagrees with EU antitrust opinion

BRUSSELS (Reuters) - Google said on Monday that it disagreed with the opinion of EU antitrust regulators who said it may have abused its dominant position, but said it was willing to discuss issues further to resolve the matter. Earlier on Monday, EU Competition Commissioner Joaquin Almunia offered Google, which provides the world's most popular search engine, the chance to offer concessions to settle an antitrust investigation. "We disagree with the conclusions but we're happy to discuss any concerns they might have," Google spokesman Al Verney said in a statement. ...

Comedy is king again on network television

FILE - In an undated file photo released by ABC, from left, Sofia Vergara portrays Gloria, left, Ed O'Neill portrays her husband Jay, and Rico Rodriguez portrays her son Manny in a scene from Broadcast television networks are determined to make you laugh.


Comedy is king again on network television

FILE - In an undated file photo released by ABC, from left, Sofia Vergara portrays Gloria, left, Ed O'Neill portrays her husband Jay, and Rico Rodriguez portrays her son Manny in a scene from Broadcast television networks are determined to make you laugh.


Chinese company to buy US movie theater chain AMC

Gerry Lopez, CEO of AMC Entertainment Holdings, left, shakes hands with Zhang Lin, Vice President of Wanda during a signing ceremony for Dalian Wanda Group Co. to acquire AMC Entertainment Holdings in Beijing, China, Monday, May 21, 2012. The Chinese conglomerate announced Monday it will buy major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. (AP Photo/Ng Han Guan)A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.


Chinese company to buy US movie theater chain AMC

Gerry Lopez, CEO of AMC Entertainment Holdings, left, shakes hands with Zhang Lin, Vice President of Wanda during a signing ceremony for Dalian Wanda Group Co. to acquire AMC Entertainment Holdings in Beijing, China, Monday, May 21, 2012. The Chinese conglomerate announced Monday it will buy major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. (AP Photo/Ng Han Guan)A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.


EU gives Google 'weeks' to ease antitrust concerns

The European Union says Google Inc. must in "a matter of weeks" outline steps it is willing to take to ease concerns about alleged abuses of its dominant position in the online search market.

EU gives Google 'weeks' to ease antitrust concerns

The European Union says Google Inc. must in "a matter of weeks" outline steps it is willing to take to ease concerns about alleged abuses of its dominant position in the online search market.

Miss. prison riot leaves guard dead, 8 hurt

A guard was killed and, at one point, hostages were taken during a riot at a Mississippi prison that holds illegal immigrants, authorities said.

Cory Booker walks back criticism of Obama campaign attacks

To match Special Report USA-FOODLOBBY/President Obama’s re-election campaign is doing some damage control after a top surrogate Sunday sharply criticized a major Democratic assault on Mitt Romney’s record at Bain Capital.


The highest honor – given decades late

40 Years Late, Vietnam Hero Leslie Sabo Gets Medal of HonorPresident Obama recognized Specialist Leslie Sabo Jr. for extraordinary valor from the Vietnam war.


If Facebook hosted a constitutional convention

Is Facebook bigger than the Constitution? In some ways, the social network already is, but it may not be big enough to host a constitutional convention.

Yahoo to sell half of its Alibaba stake for $7.1B

The logo of Yahoo is seen in its Hong Kong office in Hong Kong Monday, May 21, 2012. Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders. (AP Photo/Vincent Yu)Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.


Yahoo to sell half of its Alibaba stake for $7.1B

The logo of Yahoo is seen in its Hong Kong office in Hong Kong Monday, May 21, 2012. Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders. (AP Photo/Vincent Yu)Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.


Spectacular 'Ring of Fire' Solar Eclipse Caught on Video

Sunday was marked by an interesting astronomical phenomenon: an annular (ring-shaped) solar eclipse, which occurs when Earth's moon passes between our planet and the sun.

New app identifies faces in photos

TORONTO (Reuters) - Imagine taking a snapshot of a group of friends and having your smartphone instantly reveal the identity of everyone in the photo. A new iPhone app called KLiK performs real-time facial recognition to automatically identify and tag friends in photos. "It's our most recent evolution of both the platform and the consumer product that we're offering," said Gil Hirsch, the CEO of the facial recognition technology platform Face.com, which launched the app. "We noticed that at parties or events there were many photos being taken but only a few were actually getting tagged. ...

Allied Electronics Steps Up to the Plate for Customers

FORT WORTH, TX-- - Allied Electronics , a trading brand of Electrocomponents plc , was recently recognized by one of its customers -- TECO-Westinghouse Motor Company -- with the Step Up to the Plate Award. ...

Nasdaq 'Embarrassed' Over Facebook IPO Tech Glitches

Nasdaq has acknowledged the technical glitches that delayed the start of Facebook IPO for approximately 30 minutes and vexed many investors.

Nasdaq 'Embarrassed' Over Facebook IPO Tech Glitches

Nasdaq has acknowledged the technical glitches that delayed the start of Facebook IPO for approximately 30 minutes and vexed many investors.

Pakistan briefly bans Twitter access for "blasphemy"

ISLAMABAD (Reuters) - Pakistan banned access to Twitter on Sunday because of "blasphemous" material, a Pakistani official said, but normal service was resumed after 12 hours. The government did not specify which users or messages had prompted the ban on the microblogging site or why it was allowed to operate again so quickly. Any representation of the Prophet Mohammad is deemed un-Islamic and blasphemous by many Muslims, who make up the overwhelming majority in Pakistan. ...

Mashable Weekend Recap: 50 Stories You Might Have Missed

What a weekend! As we sprinted through a lively slate of monumental stories such as the Facebook IPO and an impending launch of the first commercial spacecraft, we got blindsided by a super surprise: Mark Zuckerberg married his longtime girlfriend in a secret ceremony in his backyard in Palo Alto.

Families of Lockerbie victims still seek answers

FILE This Thursday, Aug. 20, 2009 file photo shows Libyan Abdel Baset al-Megrahi, who was found guilty of the 1988 Lockerbie bombing, center, being helped down the airplane steps on his arrival at an airport in Tripoli, Libya. Abdel Baset al-Megrahi, a Libyan intelligence officer who was the only person ever convicted in the 1988 Lockerbie bombing, died Sunday May 20, 2012 nearly three years after he was released from a Scottish prison to the outrage of the relatives of the attack's 270 victims. He was 60. (AP Photo)The death of the only man convicted in the 1988 Lockerbie bombing has left some victims' relatives relieved and others raising questions about his guilt and whether others went unpunished.


Apple,Samsung CEOs in U.S. court talks over patent row

To match Insight SAMSUNG/SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd come face to face on Monday in court-directed mediation in the United States over a dispute in which the iPhone maker claims the Korean firm has "slavishly" copied some of its products. Apple's Tim Cook and Samsung's Choi Gee-sung have been instructed by a federal judge to appear for mediation in San Francisco to help resolve the bitter patent litigation between the two firms. The U.S. ...


Alibaba in talks to raise $2.3 billion equity for Yahoo deal: sources

Employees play table tennis inside the headquarters office of Alibaba (China) Technology Co. Ltd on the outskirts of HangzhouSINGAPORE/HONG KONG (Reuters) - Chinese Internet firm Alibaba Group is in talks with existing shareholders, including Singapore state investor Temasek Holdings, to raise about $2.3 billion in equity to partly finance its deal with Yahoo Inc., two sources said. Entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Alibaba is looking to raise about a third of the $7.1 billion through issuance of equity to shareholders, one of the sources told Reuters. ...


See the First Trailer for the Next James Bond Movie, Skyfall [VIDEO]

The first teaser trailer for the next James Bond movie, Skyfall, has been released.

Facebook faces crucial week after modest debut

Monitors show value of Facebook, Inc. stock before closing bell at NASDAQ Marketsite in New YorkNewly issued Facebook shares may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book get out before going underwater.


Pakistan restores access to Twitter

Pakistan on Sunday restored access to Twitter after briefly blocking the microblog over Pakistan restored access to Twitter after briefly blocking the microblog over "blasphemous" posts about a Facebook competition involving caricatures of the Prophet Mohammed.


Metro bus driver fatally shot by passenger in LA

A bus driver was shot to death in West Hollywood Sunday, allegedly by a passenger who jumped out a vehicle window and fled down a street before being captured, authorities said.

Pakistan blocks Twitter over contentious tweets

Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.

Alibaba Buys Back 20 Percent Stake From Yahoo for $7.1 Billion

Chinese e-commerce site Alibaba has bought half of Yahoo's stake in the company -- 20 percent of Alibaba's shares -- back from Yahoo for $7.1 billion.

Ultra-Orthodox hold large NYC meeting on Net risks

In this photo provided by VosIzNeias.com, Ultra-Orthodox Jews who believe that the Internet threatens their way of life fill New York's Citi Field for an unprecedented gathering on how to use modern technology in a religiously appropriate way, Sunday, May 20, 2012, in New York. (AP Photo/VosIzNeias.com) MANDATORY CREDITTens of thousands of ultra-Orthodox Jewish men attended a rally Sunday at the New York Mets' stadium on the dangers of the Internet and how to use modern technology in a religiously responsible way.


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