Cloud strength helps Microsoft earnings top Street

24 Apr 2014 0 Comments
LOS ANGELES (AP) -- Results from Microsoft's first quarterly earnings release under new CEO Satya Nadella offered fresh justification for his focus on cloud computing. Microsoft Corp. on Thursday posted net income and revenue that beat Wall Street expectations. Factoring out special items from a year ago, revenue in the January-March quarter grew 8 percent. Nadella, who replaced longtime CEO Steve Ballmer in February, touted the fact that revenue from cloud-based Office 365 productivity Read more [...]

Google, Apple settle high-tech workers’ lawsuit

24 Apr 2014 0 Comments
SAN FRANCISCO (AP) -- Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job offers from one another. The agreement announced Thursday averts a Silicon Valley trial that threatened to expose the tactics deployed by billionaire executives such as late Apple Inc. CEO Steve Jobs and former Google Inc. CEO Eric Schmidt to corral less affluent employees working Read more [...]

US proposes pay-for-priority Internet standards

24 Apr 2014 0 Comments
LOS ANGELES (AP) -- The nation's top telecoms regulator is proposing to allow a pay-for-priority fast lane on the Internet for movies, music and other services to get to people's homes. The proposed rules come after a federal appeals court struck down previous "net neutrality" rules designed to prevent Internet access providers such as Comcast from discriminating against certain traffic flowing to their customers. Under the proposal, an access provider could demand that high-traffic services Read more [...]

Milsap, Wiseman among Country Hall inductees

24 Apr 2014 0 Comments
NASHVILLE, Tenn. (AP) -- Ronnie Milsap, Mac Wiseman and the late Hank Cochran are the newest members of the Country Music Hall of Fame. The 2014 induction class was introduced by Kix Brooks during a news conference Tuesday at the Country Music Hall of Fame and Museum. The trio will be inducted later this year. "I anticipated and hoped for it a long time," Wiseman said of his selection in the veterans era category. "This is the biggest thing that's ever happened to me in my 70-odd years. Read more [...]

Extra crispy: French fry truck burns in Maine

24 Apr 2014 0 Comments
WATERVILLE, Maine (AP) -- Bring on the ketchup: A tractor-trailer carrying 40,000 pounds of french fries caught fire in a Wal-Mart parking lot in the Maine city of Waterville. The city's fire chief says overheated brakes were the suspected cause of the blaze night blaze in the middle of the busy parking lot. The driver said he pulled over when he smelled smoke from the back of the truck. The Portland Press Herald ( ) reports that nobody was injured in the fire. The Read more [...]

Oscar-nominated director of sled dog film dies

ANCHORAGE, Alaska (AP) -- An Oscar-nominated filmmaker who directed and produced a documentary detailing a 1925 sled dog run in Alaska to deliver life-saving serum has died. Daniel Anker died Monday at age 50. His wife, Donna Santman, says her husband died of pneumonia, a complication of his lymphoma. Anker's film, "Icebound," details the five-day run to Nome following a deadly diphtheria breakout. The film opened the Anchorage International Film Festival in December. Santman says her husband Read more [...]

Courteney Cox makes directorial debut at Tribeca

NEW YORK (AP) -- Courteney Cox's directorial debut is uniquely personal. It features a cameo from her daughter, Coco, songs by her boyfriend, Snow Patrol's Johnny McDaid, and a scene with her ex-husband, David Arquette. The film opens with 9-year-old Coco singing a song of McDaid's. Later, she briefly appears to spray her father, Arquette, with a hose. As a proud mother, it's Cox's favorite scene. "I couldn't have cut that out," said Cox, who acknowledges their family dynamics are unusually Read more [...]

Summer movie preview: 10 anticipated indies

NEW YORK (AP) -- More exotic creatures thrive in the shadows of summer blockbusters. Here are 10 of the most anticipated indie films due this summer, nary a caped superhero or city-crushing monster among them. 1. "The Rover" (June 13) - David Michod's follow-up to his Aussie crime drama "Animal Kingdom" qualifies as a must-see because of the rare quality of his feature film debut. This one, which will premiere at the Cannes Film Festival, stars Guy Pearce and Robert Pattinson and is set Read more [...]

Zynga founder Pincus leaving operations role

23 Apr 2014 0 Comments
NEW YORK (AP) -- Online game maker Zynga's founder Mark Pincus is stepping down as chief product officer, less than a year after he was replaced as the company's CEO, as the company's sales slide. Zynga said Wednesday that Pincus will remain chairman of the company he founded in 2007. Zynga went public in 2011 on the strength of games like "Farmville" and "Mafia Wars," which had enthusiastic Facebook followings. But then rival digital game makers invaded Facebook and more people migrated Read more [...]

Facebook 1Q results soar; CFO to step down

23 Apr 2014 0 Comments
NEW YORK (AP) -- Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82 percent increase in advertising revenue. The world's biggest online social network said Wednesday that it earned $642 million, or 25 cents per share, in the January-March quarter, up from $219 million, or 9 cents per share, in the same period a year ago. Adjusted earnings, which exclude stock compensation expenses and other costs, were $885 Read more [...]
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