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Dotcom 'in tears' after Megaupload files deleted
Megaupload founder Kim Dotcom said Thursday he was "in tears" after a European company deleted all the data it was hosting from his shuttered file-sharing site. Netherlands-based LeaseWeb announced it had deleted all Megaupload files from 630 servers. LeaseWeb said in a statement it hosted the data for over a ...
Social network gaffes plague Japanese politicians
On the Internet, no one can save you from yourself. That is a lesson many Japanese politicians have learned recently in painful, awkward and at times costly fashion. In the latest flap, a senior reconstruction official in charge of helping victims of the Fukushima Dai-ichi nuclear crisis was dismissed last ...
Leading 3-D printer firms to merge in $403M deal
Stratasys, a leading maker of 3-D printers, is buying another 3-D printer manufacturer, MakerBot, for $403 million in stock. Stratasys Ltd. said Wednesday the acquisition will enable it to offer affordable desktop 3-D printers. MakerBot, whose machines are priced around $2,000 to $3,000 and are aimed at the "prosumer" market, ...
Microsoft changes Xbox One policies after outcry
Microsoft rolled back a much-criticized requirement that its upcoming Xbox One gaming console be regularly connected to the Internet and made clear that there will be no limitations on sharing games. Microsoft Corp. has been criticized for vague statements about whether it will allow Xbox One buyers to play secondhand ...
Red Hat's 1Q net up on higher subscription revenue
Red Hat Inc., the company behind the Linux open-source operating system, said Wednesday that net income in its fiscal first-quarter grew 8 percent as subscription revenue increased. Shares added $2.78, or 6 percent, to $49 in after-hours trading. Red Hat's stock has dropped 13 percent in 2013 and closed down ...
LA to give every student an iPad; $30M order
Los Angeles' school system, the second largest in the United States, is ordering iPads for all its students, handing Apple a major success in its quest to make the tablet computer a replacement for textbooks. The Los Angeles Board of Education on Tuesday approved the purchase of $30 million worth ...
Netflix to expand to Netherlands later this year
Netflix is going Dutch. The online video giant says it will expand into the Netherlands, its 41st country, later this year. Subscribers will be able to stream Hollywood fare, local TV series and Netflix originals like "House of Cards" and "Arrested Development" on TVs, game consoles, computers and mobile devices. ...
Award-winning journalist Michael Hastings dies
Award-winning journalist and war correspondent Michael Hastings, whose unflinching reporting ended the career of a top American army general, died early Tuesday in a car accident in Los Angeles, his employer and family said. Hastings, who was 33, was described by many of his colleagues as an unfailingly bright and ...
DreamWorks says TV revenue to hit $200M by 2015
DreamWorks Animation SKG Inc., the studio behind "Shrek" and "Kung Fu Panda," said Tuesday that a new deal to provide original TV shows to Netflix will help it double the revenue it gets from TV shows to $200 million by 2015. The extra $100 million represents a 13 percent increase ...
Icahn changes tack, seeks $16B Dell stock buyback
Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort to take the struggling computer maker private. Icahn, now the company's second-largest shareholder after buying 72 million shares from fellow activist investor Southeastern Asset Management Inc., ...
NYC to offer free phone-charging stations in parks
It's a message busy New Yorkers hate to get: the low-battery message on your cellphone when there's no charger in sight. Now that could be a thing of the past. New York City has teamed up with AT&T to install 25 solar-powered charging stations for public use, available for free ...
Stuntwoman sues News Corp. over alleged phone hack
A woman who worked as a stunt double for Angelina Jolie sued Rupert Murdoch's News Corp. in Los Angeles on Tuesday, claiming she's a victim of a phone hacking scheme to obtain information about the actress. Eunice Huthart, of Liverpool, England, is the first person to sue the media company ...
Dreamworks strikes TV show deal in Germany
Dreamworks Animation, the studio that is home to Shrek, Kung Fu Panda and Madagascar, is making its way to Germany television under a deal with a children's television operator. Dreamworks and Super RTL announced a five-year television agreement Tuesday under which they will provide animated shows inspired by DreamWorks productions, ...
Hewlett-Packard puts Bradley in strategy role
Todd Bradley, the head of Hewlett-Packard Co.'s printing and personal computer business, has been appointed to a new position in charge of the company's strategy with a focus on China, the company said Tuesday. HP said Bradley, 54, will be in charge of strategic growth initiatives and will work with ...
US video game retail sales fall 25 percent in May
U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer new games launched compared with last year, according to market researcher NPD Group. NPD said late Monday that total video game sales were $386.3 million, ...
Kabel Deutschland shares rise on takeover interest
Shares in Germany's biggest cable operator are up after Kabel Deutschland received a preliminary takeover proposal from U.S. firm Liberty Global. Kabel Deutschland confirmed Liberty Global PLC's approach Tuesday, only days after British rival Vodafone PLC said it was also in early takeover talks with the company. London-listed Liberty Global ...
Chinese supercomputer named as world's fastest
A Chinese university has built the world's fastest supercomputer, almost doubling the speed of the U.S. machine that previously claimed the top spot and underlining China's rise as a science and technology powerhouse. The semiannual TOP500 listing of the world's fastest supercomputers released Monday says the Tianhe-2 developed by the ...
Netflix cuts original TV deal with DreamWorks
Netflix said Monday that it would offer new TV shows from DreamWorks Animation starting in 2014 in what the company described as its biggest transaction ever for original first-run content. Though financial details were not disclosed, Netflix Inc. said the agreement includes more than 300 hours of new TV episodes ...
Google settles suit, clears way for stock split
Google has resolved a shareholder lawsuit blocking a long-delayed stock split, clearing the way for the Internet search leader to issue a new class of non-voting shares later this year. The settlement announced Monday came on the eve of a scheduled Delaware chancery court trial that threatened to cast an ...
Israel picks team to build high-speed web network
An Israeli committee has chosen a consortium led by Swedish company ViaEuropa to build a nationwide high-speed broadband network. The committee, which includes representatives from the government and the state-owned Israel Electric Corp., announced its decision Monday. It said the consortium includes Israeli company Rapac, BATM, Zisapel Properties and private ...
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