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Rubio ‘curious to see’ who Romney will pick for VP

May 17th, 2012 · Comments Off

Marco Rubio makes the case for Mitt RomneyFlorida Sen. Marco Rubio has said for months that he's not going to answer questions related to vice presidential speculation, but he said Thursday that he's at least "curious" to find out who Mitt Romney picks. During a Fox Business Network interview set to air Thursday night, Rubio, a possible contender for the job, told [...]


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Supreme Court Justice Breyer robbed again

May 17th, 2012 · Comments Off

Supreme Court Associate Justice Stephen Breyer speaks at the American Society of International Law's 106th meeting in Washington,U.S. Supreme Court Justice Stephen Breyer, who was robbed in February at his Caribbean vacation home by a man armed with a machete, recently was the victim of a burglary at his residence in Washington.


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Comcast trying out Internet usage pricing, dropping caps

May 17th, 2012 · Comments Off

(Reuters) - Comcast Corp said on Thursday it will introduce a trial for usage-based billing for its Internet subscribers in a move seen to pre-empt more complaints the cable company favors its own Web video service over rivals. Usage-based pricing would allow Comcast to charge its customers for the amount of data they use with a utility meter rather than pay a flat fee like they do today. Currently, that flat fee is priced on Internet speed and also features a 250 GB data cap each month. Comcast, the No.1 U.S. ...

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All-time top 10 IPOs for Internet companies

May 17th, 2012 · Comments Off

FILE - This Feb. 1, 2012 photo shows the Facebook logo on a computer screen in Berlin. A published report says Facebook is seeking a valuation of $85 billion to $95 billion when it goes public in a few weeks. The Wall Street Journal, citing unnamed people familiar with the matter, said Thursday May 3, 2012 that the company plans to set the per-share price of its stock in the high $20s to mid $30s. This is a narrower range than the previously expected $75 billion to $100 billion. Facebook's initial public offering will be by far the largest Internet IPO ever, dwarfing even Google Inc.'s in 2004. (AP Photo/dapd, Timur Emek)Facebook Inc. and its shareholders have raised $16 billion in an initial public offering of stock. It is by far the largest IPO ever for an Internet company.


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Facebook bet pays off for Russia’s Usmanov

May 17th, 2012 · Comments Off

MOSCOW (Reuters) - Russia's richest man recognized the value of Facebook Inc three years ago when he invested in the social networking company and now stands to enjoy a payday of around $1 billion, propelling him further ahead of Russia's oligarchs, who have largely stuck with oil and steel. Alisher Usmanov, who topped Forbes magazine's annual list of Russia's richest investors in April, began his career making plastic bags and built his fortune in metals and mining. He is now worth $18.1 billion, up from $2.6 billion six years ago, according to Forbes. ...

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Photos: Disco legend Donna Summer

May 17th, 2012 · Comments Off

Photos: Disco legend Donna SummerSinger Donna Summer performs during the David Foster and Friends concert at the Mandalay Bay Events Center October 15, 2010 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)

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Analysis: Facebook can’t take Asian growth for granted

May 17th, 2012 · Comments Off

Facebook CEO Zuckerberg waits for Japanese PM Noda before a meeting at the latter's official residence in TokyoSINGAPORE (Reuters) - Even as Facebook fever grips investors ahead of the social networking giant's potential $100 billion-plus initial public offering, its breakneck growth in Asia may be slowing as it moves beyond desktop users to those who access the Internet largely or solely from a mobile phone. In March, Facebook revised its own SEC filings to scale back its scope for further growth in India - its third-biggest user base and the largest population it currently has access to - China remains off-limits to Facebook. ...


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Census: Minorities surpass whites in U.S.births

May 17th, 2012 · Comments Off

Chart shows racial breakdown of births in the U.S. from July 2010 to JulyFor the first time, racial and ethnic minorities make up more than half the children born in the U.S., capping decades of heady immigration growth that is now slowing.


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Manhunt for groom charged in Ill. bride’s slaying

May 17th, 2012 · Comments Off

This undated photo provided by the Burbank, Ill., police department shows Arnoldo Jimenez. Police in the Chicago suburb of Burbank said that they are searching for Jimenez, the newlywed husband of 26-year-old Estrella Carrera, whose body was found stabbed and clothed in the silver sequin cocktail dress she wore at her wedding reception. (AP Photo/Burbank Police Department)Police and FBI officials were poring over more than 100 tips as they hunted for a man accused of stabbing his new wife to death and leaving her body in her bathtub, still clad in her silver-sequined wedding dress.


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Report: Fewer US homes foreclosed upon in April

May 17th, 2012 · Comments Off

FILE - In this Friday, March 16, 2012 file photo, a National foreclosure trends took a positive turn in April, as the number of homes seized by banks declined and fewer properties entered into the foreclosure process.


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Leading insurer pays $109M for dog bite claims

May 17th, 2012 · Comments Off

Eleasha Gall, director of behavior and training at spcaLA (Society for the Prevention of Cruelty to Animals Los Angeles), interacts with Tux, a one-year-old Pit bull, in an effort to promote behavior to avoid dog bites, at the spcaLA P.D. Pitchford Companion Animal Village and Education Center in Long Beach, Calif., on Wednesday, May 16, 2012. One of the nation's largest home insurers released its 2011 statistics on dog bite claims Wednesday. A State Farm Insurance spokesman says more than $109 million was paid on about 3,800 dog bite claims nationwide. (AP Photo/Damian Dovarganes)Dog bites man does not get a lot of attention in the news, but it costs insurance companies hundreds of millions in claims every year.


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Pinterest raises $100 million in funding: WSJ

May 17th, 2012 · Comments Off

(Reuters) - Pinterest, the increasingly popular online bulletin board, raised $100 million in a financing round that values the U.S. start-up at $1.5 billion, the Wall Street Journal said, citing people familiar with the matter. The funding is led by Japanese e-commerce site Rakuten, with Pinterest's existing venture-capital investors such as Andreessen Horowitz, FirstMark Capital and Bessemer Venture Partners also participating, the report said. Pinterest could not immediately be reached by Reuters for comments. ...

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New U.S.-Russian crew arrives at space station

May 17th, 2012 · Comments Off

New US-Russian Crew Arrives at Space StationAn American astronaut and two Russian cosmonauts arrived at the International Space Station early Thursday, kicking off a four-month stay aboard the orbiting laboratory.


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Australia warns of ‘bespoke’ online child sex abuse

May 17th, 2012 · Comments Off

Neil Gaughan (C), head of the Australian Federal Police's high-tech crime squad, pictured in Canberra in 2010Australian police warned Thursday that paedophiles were using Internet live-streaming sites to order "bespoke" child sex crimes for real-time viewing, from countries including the Philippines.


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Mladic instigated ethnic cleansing in Bosnia, U.N. court told

May 17th, 2012 · Comments Off

Bosnian Muslim women, survivors of the 1995 Srebrenica massacre, watch a television broadcast of the first day of trialFormer Bosnian Serb army commander Ratko Mladic went on trial accused of carrying out a brutal campaign of ethnic cleansing and Europe's worst massacre since World War II.


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Lawmakers approve tweaks to Alabama immigration law

May 16th, 2012 · Comments Off

Alabama lawmakers passed a new bill to revise the state's controversial immigration law on Wednesday, hoping to fend off more legal challenges to the toughest state measure on immigration in the United States. The bill, whose final approval now rests with Alabama's governor, largely keeps intact a law approved last year that has sparked lawsuits by the Obama administration and immigrant rights groups who argue it is unconstitutional. ...

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Confrontation brews in Congress over detainee law

May 16th, 2012 · Comments Off

Lawmakers moved toward a confrontation over the government's power to detain suspected terrorists on Wednesday as the Republican-led House of Representatives began debate on a defense policy bill the White House has threatened to veto. Representative Adam Smith, the top Democrat on the House Armed Services Committee, sought to amend the law to guarantee people arrested in the United States on terrorism charges could not be detained indefinitely without trial or transferred to military custody. ...

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Fugitive penguin 337 spotted alive in Tokyo Bay

May 16th, 2012 · Comments Off

A Humboldt penguin which escaped from its enclosure in Tokyo Sea Life Park two month ago swims at Tokyo BayAfter Penguin Number 337 made a daring bid for freedom from a Tokyo aquarium and vanished into the waters of Tokyo Bay two months ago, many feared the worst for the adventurous feathered fugitive. But the one-year-old Humboldt penguin has now popped up on video footage in a different part of the bay, frolicking in the water and apparently healthy. The penguin, still too young to determine whether it is male or female and thus known only by a number, scaled a rock wall four meters (13 ft) high and squeezed through a barbed wire fence to escape its harborside aquarium in March. ...


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Manny Pacquiao denounces anti-gay allegations

May 16th, 2012 · Comments Off

Boxer and politician Manny Pacquiao speaks about his views on same-sex marriage at his home in Los Angeles, Wednesday, May 16, 2012. Pacquiao was quoted in a recent interview as opposing President Barack Obama's views on same-sex marriage. (AP Photo/Reed Saxon)Manny Pacquiao says he loves and supports gays and lesbians, even though he does not approve of gay marriage.


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Greece gets caretaker PM until new vote in June

May 16th, 2012 · Comments Off

Newly appointed caretaker Prime Minister Panagiotis Pikramenos talks with Greece President Karolos Papoulias, not seen, during their meeting at the Presidential palace in Athens, Wednesday, May 16, 2012. The head of Greece's Council of State will take the reins of the country until it holds new elections on June 17, a meeting of party leaders decided Wednesday, a day after power-sharing talks collapsed. (AP Photo/John Kolesidis, Pool)A senior judge has been sworn in to head Greece's caretaker government for a month as the debt-crippled country lurches through a political crisis that threatens its membership in the 17-nation eurozone.


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2 US Navy ships collide in Pacific; no injuries

May 16th, 2012 · Comments Off

This undated image provided by the U.S. Navy shows the amphibious assault ship USS Essex underway in the Pacific Ocean. The Essex and a refueling tanker, the USNS Yukon, collided in the Pacific Ocean on Wednesday May 16,2012, but there were no injuries and no fuel spills, the 3rd Fleet said. (AP Photo/U.S. Navy, Senior Chief Mass Communication Specialist Joe Kane)An 844-foot-long U.S. Navy assault ship collided with a refueling tanker Wednesday in the Pacific Ocean, causing damage to both ships, but there were no injuries or fuel spills, military officials said.


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Ad execs say jury still out on Facebook as medium

May 16th, 2012 · Comments Off

A Facebook application logo is pictured on a mobile phone in this photo illustration taken in LavignyNEW YORK/LONDON (Reuters) - General Motors Inc's decision to stop advertising on Facebook may be a wake-up call for the No. 1 social network, but Top advertising executives say it's far too early to know if the site will take off as an advertising platform. "There's a lot of potential but it's not a slam-dunk," said Martin Sorrell, chief executive of WPP Plc, the world's largest advertising agency. "Showing the impact of branding on Facebook is going to take a long time," he added. Facebook is due to begin trading on Nasdaq on Friday in an initial public offering that will raise about $15. ...


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Several brokerages stop taking Facebook IPO orders

May 16th, 2012 · Comments Off

The Facebook profile of founder Mark Zuckerberg on a mobile phone is seen in this photo illustration taken in LavignyNEW YORK (Reuters) - Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies. Morgan Stanley & Co did the same, according to three advisers at the firm who declined to be named because they are not authorized to speak to the press. E*Trade Financial also stopped accepting orders as of 4 p.m. ...


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Factbox: Facebook’s IPO: who gets rich?

May 16th, 2012 · Comments Off

SAN FRANCISCO (Reuters) - The rich are going to get richer when Silicon Valley's biggest IPO starts trading on Friday. Facebook this week raised the number of shares it intends to float by 25 percent to 421 million shares, and lifted the target price range to $34-$38 per share as investors clamored for a slice of the third-largest IPO in U.S. history. As a result, the No. 1 social network and its shareholders will now collectively reap more than $15 billion from the initial public offering - a $5 billion hike from early May, when Facebook sought an IPO of roughly $11 billion. ...

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Chuck Brown, pioneer of ‘go-go’ funk music, dies

May 16th, 2012 · Comments Off

FILE - In this Jan. 18, 2010 file photo, master of ceremonies Chuck Brown speaks during a program to celebrate the legacy of the late Martin Luther King, Jr. at the Washington National Cathedral in Washington. Brown, who styled a unique brand of funk music as a singer, guitarist and songwriter known as the Chuck Brown, who styled a unique mix of funk, soul and Latin party sounds to create go-go music in the nation's capital, has died after suffering from pneumonia. He was 75.


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Russia’s chess game ‘without any rules’

May 16th, 2012 · Comments Off

A member of the Russian Interior Ministry attempts to block opposition activists near a protest camp in central MoscowGrandmaster-turned-activist Garry Kasparov says Russian President Vladimir Putin does whatever he wants to stay in power.


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U.S.: Training missile falls from Army chopper in Texas

May 16th, 2012 · Comments Off

A US Army Apache attack helicopter fires a rocket in Afghanistan in 2011A US Army Apache helicopter accidentally dropped an inactive missile over central Texas, forcing dozens of homes to be evacuated, officials said Wednesday.


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Ad execs say jury still out on Facebook as medium

May 16th, 2012 · Comments Off

A Facebook application logo is pictured on a mobile phone in this photo illustration taken in LavignyNEW YORK/LONDON (Reuters) - General Motors Inc's decision to stop advertising on Facebook may be a wake-up call for the No. 1 social network, but Top advertising executives say it's far too early to know if the site will take off as an advertising platform. "There's a lot of potential but it's not a slam-dunk," said Martin Sorrell, chief executive of WPP Plc, the world's largest advertising agency. "Showing the impact of branding on Facebook is going to take a long time," he added. Facebook is due to begin trading on Nasdaq on Friday in an initial public offering that will raise about $15. ...


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Coffee buzz: Study finds java drinkers live longer

May 16th, 2012 · Comments Off

In this Thursday, Aug. 14, 2008 photo, espresso flows into a cup at a coffee house in Overland Park, Kan. A large U.S. federal study concludes people who drink coffee seem to live a little longer. Researchers saw a clear connection between cups consumed and years of life. Whether it was regular or decaf didn't matter. The results are published in the Thursday, May 17, 2012 New England Journal of Medicine. (AP Photo/Orlin Wagner)One of life's simple pleasures just got a little sweeter. After years of waffling research on coffee and health, even some fear that java might raise the risk of heart disease, a big study finds the opposite: Coffee drinkers are a little more likely to live longer. Regular or decaf doesn't matter.


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White House denies arming Syrian rebels

May 16th, 2012 · Comments Off

In this Monday, May 14, 2012 photo, a girl walks past Syrian rebels at Khaldiyeh neighborhood in Homs province, central Syria. The violence around the country is eroding an internationally brokered peace plan that many U.N. observers see as the last hope to calm the 14-month-old crisis. (AP Photo/Fadi Zaidan)President Barack Obama's administration has repeatedly said over the past few months that it won't ship arms to Syria's outgunned opposition, warning that doing so will only escalate the bloody conflict there. But the Washington Post reported Wednesday that the U.S. has been helping to coordinate shipments [...]


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No tears as woman sees bacteria-ravaged hands

May 16th, 2012 · Comments Off

Blood drive for woman with flesh-eating diseaseA Georgia graduate student fighting a rare flesh-eating infection has been looking at her ravaged hands and asking about the damage, all without tears, her father said Wednesday.


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Biden lays into Romney, GOP: ‘They don’t get who we are!’

May 16th, 2012 · Comments Off

Vice President Joe Biden speaks at M-7 Technologies, Wednesday, May 16, 2012, in Youngstown, Ohio. Biden is pouncing on Republican presidential challenger Mitt Romney in swing state Ohio, casting him as a corporate raider more interested in making profits than in the needs of workers. (AP Photo/Tony Dejak)At a campaign stop in Youngstown, Ohio, Vice President Joe Biden lit into Republicans and their presumed  presidential nominee for what he described as a failure to understand the plight of the middle class.


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Google searches get smarter

May 16th, 2012 · Comments Off

Google searches get smarterGoogle on Wednesday began making its search engine smarter, in what the Internet giant called a major upgrade that looks beyond query words to figure out what people are actually seeking online.


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The Kennedy curse lives on

May 16th, 2012 · Comments Off

FILE - This Sept. 18, 2008 file photo shows Mary Richardson Kennedy, the estranged wife of Robert F. Kennedy Jr., in New York. An attorney on Wednesday, May 16, 2012 said Mary Kennedy has been found dead on Robert F. Kennedy Jr.'s property in Bedford, N.Y. (AP Photo/Andy Kropa, File)The Death of RFK Jr.'s wife is the Latest Tragedy for the Kennedy Family.


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Income Inequality Apparently Too Touchy a Subject for TED

May 16th, 2012 · Comments Off

If you’re plugged into the Internet, chances are you’ve seen a TED talk—the wonky, provocative web videos that have become a sort of nerd franchise. TED.com is where you go to find Facebook COO Sheryl Sandberg explaining why the world has too few female leaders, or Twitter cofounder Evan Williams sharing the secret power of listening to users to drive company improvement. The slogan of the nonprofit group behind the site is “Ideas Worth Spreading.”

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Several brokerages stop taking Facebook IPO orders

May 16th, 2012 · Comments Off

The Facebook profile of founder Mark Zuckerberg on a mobile phone is seen in this photo illustration taken in LavignyNEW YORK (Reuters) - Investors who want Facebook Inc shares when the No. 1 online social network goes public later this week may have lost the opportunity. TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives for each of the companies. Morgan Stanley & Co did the same, according to three advisers at the firm who declined to be named because they are not authorized to speak to the press. E*Trade Financial also stopped accepting orders as of 4 p.m. ...


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Several brokerages stop taking Facebook IPO orders

May 16th, 2012 · Comments Off

NEW YORK (Reuters) - NEW YORK, May 16 (Reuters) - TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives. Morgan Stanley & Co did the same, according to three advisers at the firm who declined to be named because they are not permitted to speak to the press. E*Trade Financial also stopped accepting orders Tuesday evening, according to a client alert sent out Tuesday. Wells Fargo & Co's brokerage arm, Wells Fargo Advisors, was stopping accepting new orders at 4:00 p.m. ...

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Facebook boosts IPO size by 25 percent, could top $16 billion

May 16th, 2012 · Comments Off

A flag announcing the IPO of Facebook flies next to the American flag outside the offices of J.P. Morgan in New York CityNEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term potential to make money. Facebook, founded eight years ago by Mark Zuckerberg in a Harvard dorm room, said on Wednesday it will add about 84 million shares to its IPO, floating about 421 million shares in an offering expected to be priced on Thursday. ...


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Romney calls attacks over Bain ‘really off-target’

May 16th, 2012 · Comments Off

FILE - In this May 15, 2012 file photo, Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks in Des Moines, Iowa. An independent group favoring Republican presidential rival Mitt Romney is launching a $25 million, monthlong advertising campaign in 10 states against President Barack Obama, further escalating an expensive TV ad war in presidential battlegrounds six months before Election Day. (AP Photo/Charlie Neibergall, File)Mitt Romney called Democratic criticism over his record at Bain Capital "misguided" and chided President Barack Obama for approving the attacks while at the same time raising cash from other members of the private equity industry. In an interview with Hot Air's Ed Morrissey, the presumptive Republican nominee denounced an ad launched this week by [...]


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‘Haunted’ L.A. hospital being converted into senior living home

May 16th, 2012 · Comments Off

Would you want your grandma living in an abandoned hospital so well known for its creepy atmosphere and alleged hauntings that it has been used in various Hollywood productions by folks like Rob Zombie and the makers of the horror film "Se7en"? The L.A. Times says the 107-year-old Linda Vista Community Hospital may soon earn [...]

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NY tech fest heralds Silicon Valley of the east

May 16th, 2012 · Comments Off

A woman takes a picture of Times Square on her cell phoneThe Big Apple may not have California's weather, but tech fans at New York Internet Week say that in every other way the city is on course to become Silicon Valley 2.0.


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Sina shares jump on 1st-qtr report

May 16th, 2012 · Comments Off

Shares of Chinese Internet portal Sina Corp. jumped Wednesday as the company's first-quarter profit beat Wall Street expectations and advertising revenue rose.

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Google revamps U.S. search

May 16th, 2012 · Comments Off

SAN FRANCISCO (Reuters) - Google is revamping the way it handles searches in the United States to give users quick access to answers without leaving the page, the company said. The new search process is based on what Google calls the "knowledge graph" -- meaning that it tries to pinpoint faster the context surrounding its users' keyword searches. "Over the years, as search has improved, people expect more," said Amit Singhal, vice president of engineering at Google and the head of search, in an interview. "We see this as the next big improvement in search relevance. ...

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Companies less wary of personal devices at work-Cisco

May 16th, 2012 · Comments Off

(Reuters) - Corporate IT departments in the United States are becoming less wary of staff bringing their personal devices to work, a Cisco study showed, although security remains a top concern. Among 600 IT and business executives questioned by Cisco's consulting arm 95 percent said they support employees bringing and using personal devices in the workplace in some way, Cisco's Internet Solutions Business group (ISBG) said on Wednesday. Corporate IT departments have been slow to embrace the trend dubbed 'Bring your own device' (BYOD) because of potential security risks. ...

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LG demos second generation Google TV at Internet Week New York

May 16th, 2012 · Comments Off

LG Smart TV with Google TV (G2 Series) with 5-mode G2 Magic RemoteLG is exhibiting its second generation Google TV at Internet Week New York, a city-wide event showcasing the best of the web which runs from May 14-21 in the Big Apple.


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Latest version of Google Chrome syncs open tabs across devices in real time

May 16th, 2012 · Comments Off

Sign in to Chrome to have your personal Chrome experience on all your devices.The newly released Chrome 19 Stable version of Google Chrome introduces live tab syncing across desktop and mobile versions of the internet browser.


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Sina results beat view, warns Weibo to eat into second quarter

May 16th, 2012 · Comments Off

The logo of Sina Corp's Chinese microblog website (Reuters) - Sina Corp sounded a bearish note for the coming quarters, warning that further losses may lie ahead because of increased investment into its microblogging platform Weibo, China's version of Twitter. China's largest Internet portal and media website posted a first-quarter loss that was smaller than Wall Street had expected after advertising revenue shot up 9 percent despite a weak domestic market. Its shares rose 7 percent in after-hours U.S. trade on Tuesday. ...


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Junior Seau’s home burglarized just days after his death

May 16th, 2012 · Comments Off

Family and friends said goodbye to former NFL linebacker Junior Seau, shown in 2007Just five days after the great linebacker took his own life, someone broke into Seau's California home, went through cabinets in the garage, and stole a bicycle that belonged to a friend of Seau's.


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Report: U.S. expands ties to Syrian rebels

May 16th, 2012 · Comments Off

FILE - In this Sunday, March 11, 2012 file photo, Free Syrian Army fighters eat together during a lull in fighting with the Syrian Army in Idlib, north Syria. Rebels dashed through the streets, taking cover behind the corners of buildings as they clashed with the troops. (AP Photo/Rodrigo Abd, File)Syrian rebels battling President Bashar al-Assad's government are beginning to get more and better weapons in an effort paid for by Persian Gulf nations and coordinated partly by the U.S., the Washington Post reported.


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Warren Buffett’s firm buys 10 million shares of GM

May 16th, 2012 · Comments Off

Tỷ phú Warren Buffet chê cổ phiếu Google, AppleWarren Buffett's company is apparently bullish on the U.S. auto industry. Berkshire Hathaway Inc. took a new 10-million share stake in General Motors Co. in the first quarter.


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