TECHNOLOGY

Baidu to focus mobile Internet investment on search Posted September 2, 2010

HONG KONG (Reuters) - Baidu Inc, operator of China's dominant search engine, said on Thursday that it will focus its future mobile Internet investments on its core search business as it takes aim at the next big Internet space. Baidu CFO Jennifer Li, speaking at a company event, said broader ...More

Nokia to close down data access service Ovi Files Posted September 1, 2010

BERLIN (Reuters) - Nokia has decided to close down its Ovi Files service which allows consumers to access their computer data remotely, the world's top cellphone maker said in an e-mail to users of the service. "Nokia is discontinuing the Ovi Files service, effective October 1, 2010," the company said ...More

Apple and TV networks clash over 99 cent rentals Posted September 1, 2010

NEW YORK (Reuters) - Apple Inc introduced a new version of Apple TV on Wednesday with shows from just two networks, underscoring its struggles to win over a media industry worried about losing control over the pricing of its programs. The new $99 Apple TV will allow users to rent TV ...More

U.S. delays Web traffic rules by seeking more comment Posted September 1, 2010

A man works on his laptop as he waits in line outside the Apple Store for tomorrow's ipad launch in

WASHINGTON (Reuters) - U.S. communications regulators on Wednesday put off a controversial decision on Internet traffic rules, giving industry and consumer groups a chance to forge a compromise while avoiding a politically sensitive issue ahead of the November elections. The Federal Communications Commission has been prodding phone, cable and Internet ...More

ASCAP flips switch on free app Posted September 1, 2010

NEW YORK (Billboard) - Performing rights organization ASCAP launched a free app for Apple's portable devices Wednesday, allowing its member songwriters and publishers to access their catalog, performance and royalty information. The app also contains a search function for ASCAP's 8.5 million copyrighted musical works, a nifty innovation ...More

Apple TV takes aim at Web-connected living room Posted September 1, 2010

Apple CEO Jobs speaks on stage at Apple's music-themed September media event in San Francisco

SAN FRANCISCO (Reuters) - Apple Inc unveiled a smaller, cheaper version of its Web-to-TV device on Wednesday, stepping up a battle with Google Inc and Microsoft Corp for control of the digital living room. Apple co-founder Steve Jobs also rolled out a completely overhauled lineup of iPod media players and the ...More

Media stocks beat market ahead of Apple launch Posted September 1, 2010

Apple CEO Jobs speaks on stage at Apple's music-themed September media event in San Francisco

NEW YORK (Reuters) - Media stocks gained more than the market in early trading on Wednesday ahead of details of a new online TV product announcement expected from Apple Inc later in the day. Stocks of content owners like Comcast Corp, CBS Corp, Cablevision Systems Corp, New York Times Co and ...More

Target stores to sell Facebook gift cards Posted September 1, 2010

The Facebook logo is shown at Facebook headquarters in Palo Alto

NEW YORK (Reuters) - Social networking website Facebook is dipping into the brick-and-mortar world by selling gift cards at retailer Target that can be used toward purchasing virtual products for games hosted on the site. Facebook Credits will be available in Target stores beginning September 5 in increments of $15, $25 ...More

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