AFP - Two people were killed and 16 others injured by an explosion at a gas pipeline near Iran's northeastern city of Mashhad on Friday, local media reported.
Ben Patterson - We’ve already got a slew of Android-powered tablets poised to hit the market in the coming months, most notably the just-announced Samsung Tab. But a Google exec is saying that the current version of Android was never intended for tablets, and that could mean no Android Market access — at least in some cases.
Ben Patterson - Consumers are still holding back on the latest 3-D TV sets, according to a new report, with more than half of those surveyed saying that having to wear 3-D glasses and the cost of the sets themselves are key factors preventing purchases.
Reuters - The Dow and S&P 500 gained modestly on Friday, led higher as energy shares were boosted by a jump in oil prices, but weak tech stocks and light volume capped gains.
Reuters - Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.
Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.
AP - Carmakers Renault and PSA Peugeot Citroen said Friday they are reimbursing ahead of schedule euro1 billion ($1.27 billion) each in loans that were part of the French state bailout of the auto industry.
Reuters - Deutsche Bank is set to lead rivals raising billions of euros as new global capital rules to be unveiled this weekend bite, and showed it may be good to get the jump on the pack.
AFP - Google's open-source Android will become the number two mobile operating system this year, leapfrogging BlackBerry and challenging market leader Nokia's Symbian by 2014, a research firm said Friday.
AP - Nokia Corp. is replacing CEO Olli-Pekka Kallasvuo with Microsoft executive Stephen Elop as the world's top maker of mobile phones aims to regain lost ground in the fiercely competitive smart phone market.
Appolicious - Apple has let down its guard a bit, loosening regulations around the app approval process. This signifies a major move for Apple, as its top-down approach to controlling apps in the iTunes App Store has been a hot button topic for several months now.
(RTTNews) - US wholesale inventories rose the most in two years in July, a sign that merchants expect consumer demand to pick up. Inventories rose 1.3% to $405.0 billion in July from the previous months upwardly revised levels, according to a report from the Commerce Department released Friday.
Reuters - Securities regulators are probing "fund-of-funds" firms that channel investors' money into hedge funds, looking at supervision of client assets and potential conflicts of interest, according to a person familiar with the matter.
NewsFactor - It seems an eternity ago when T-Mobile launched the first Google phone. Now, the company has released the successor to the G1, appropriately named the G2 with Google -- and there is a world of difference between the first and second generation devices.
AFP - The world's largest mobile phone maker Nokia on Friday named a new software-savvy chief executive from Microsoft to help it battle slumping profits and an eroding market share in the smartphone segment.
Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .
AFP - US Web surfers spent more time on Facebook than on Google sites in August, the first time the social network has surpassed the Internet titan, online tracking firm comScore said Friday.
AP - The Greek government pledged Friday to radically overhaul loss-making state rail company OSE, as official data showed efforts to cut the country's bloated budget deficit remained on track, if slightly asthmatic.
AFP - Fiji's main opposition Labour Party said Friday it had resolved a stand-off with the nation's military government over whether it needed to submit online statements for vetting before publication.
Macworld.com - Apple has released over half a dozen printer and scanner driver updates for Mac OS X 10.6 Snow Leopard users. These updates are focused primarily on brands that cater to business and enterprise users.
WASHINGTON, Sept. 10 (UPI) -- U.S. wholesale inventories rose 1.3 percent in July above an upwardly revised climb in June, the Commerce Department said Friday. United States - United States Department of Commerce - Conferences - Computer Science - Business
Wholesale inventories increase in July by largest amount in 2 years while sales post rebound Business - Government - Wholesale Trade - United States - Conferences
Reuters - Nokia has hired Stephen Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace its embattled chief executive and renew its drive to compete with Apple.
Mashable - Gartner has released a report predicting that by 2014, Android will be second only to Symbian in mobile operating system marketshare worldwide, with the two platforms accounting for nearly 60 percent of the mobile OS market within the next four years.
PC World - August 2010 video game sales slumped an unsettling 10 points, a decline led by a softening handheld market and a drop off in demand for Nintendo products. Both Microsoft and Sony managed gains in year-on-year console unit sales, though the Xbox 360 led the PlayStation 3 by over 100,000 units.
AP - U.S. investigators have widened their probe of alleged kickbacks paid to Russian authorities by employees of a Hewlett-Packard Co. subsidiary in Germany.
PC World - A worm known affectionately as "Here You Have" based on the subject line of the infected e-mail used to propagate it has quickly spread into a global malware attack. The efficacy of the simple, and poorly worded e-mail luring users to click on a malicious link demonstrates why we need a whole new approach to malware defense.
BusinessWeek - Brigham Young University's Marriott School of Management (Marriott Full-Time MBA Profile) offers students more than a rigorous business education. Students at the school, owned by the Church of Jesus Christ of Latter-day Saints, are required to abide by a strict honor code, based on the tenets of the Mormon religion. The code includes rules against academic dishonesty and requires students to "live a chaste and virtuous life." It also prohibits drugs, alcohol, and coffee -- even at home. ...
Mashable - You've heard of Google Instant, well, how about YouTube Instant? Yes, this is a novelty toy built by a college student (Feross Aboukhadijeh of Stanford University), but it's a pretty fun way to pass a lazy Friday morning.
AP - It may take a while yet to phase out the special credit support that was given to banks in the wake of the financial crisis, the European Central Bank's president has said.
Reuters - China's imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth.
AP - In a skirmish between two Internet heavy hitters with a tangled relationship, eBay Inc. has convinced a court that it was wronged by antitakeover moves adopted by Craigslist after eBay started encroaching on its online classifieds turf in the U.S.
AP - As co-president at Oracle Corp., ousted Hewlett-Packard Co. CEO Mark Hurd will have to adapt to a new role playing second fiddle to one of Silicon Valley's most domineering bosses — Larry Ellison.
AP - Retail Ventures Inc., which operates the DSW shoe store chain, posted a 67 percent jump in second-quarter net income as a key revenue figure improved.
Reuters - Democrats in Congress are distancing themselves from President Barack Obama's push to let taxes rise for the wealthiest Americans, fearing it will further harm them in November's mid-term elections.
PC World - If the idea of using Linux in your business is one that makes you nervous, chances are you've fallen prey to one or more of the many myths out there that are frequently disseminated by competing vendors such as Microsoft. After all, each Linux user means one less sale for such companies, so they have a powerful motivation to spread such FUD.
Wholesale Costume Club, the only wholesale club offering costumes at the lowest prices with no minimum order requirements, is pleased to announce their innovative Halloween Costume Fundraising Program.
Investor's Business Daily - The SEC, which is probing the stock market "flash crash" on May 6, still hasn't identified a single cause, but a trade practice known as "stub quotes" and other issues contributed to the market's dramatic drop, sources said. Stub quotes are orders placed by market makers that are well off the market prices for stocks. The SEC wants to ban stub quotes.