STEPPING STONE: Eastman Kodak is selling its digital imaging patents for about $525 million, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of 2013.GROUP OF 12: Apple Inc., Google Inc., Samsung Electronics Co., Research In Motion Ltd., Microsoft Corp., China's Huawei Technologies and Facebook Inc. are among the 12 companies paying to license...
Best Buy exec leaves for COO post at Symantec
Labels: TechnologyBest Buy's president of digital operations is leaving the struggling electronics chain to become chief operating officer at the computer security company Symantec.Best Buy has been implementing a turnaround plan as it faces tough competition from discounters and online retailers. The Minneapolis company last week extended until after the holiday season the window for co-founder Richard Schulze to...
SC Gov Haley unveils $6.3 billion budget proposal
Labels: TechnologyCOLUMBIA, S.C. (AP) -- Gov. Nikki Haley's budget plan she presented Thursday would spend more on computer security, law enforcement and health care. She also asked that not-yet-projected revenue go toward tax relief that saves the average filer less than $30.Her $6.3 billion budget plan for the fiscal year that starts July 1 seeks $47 million for computer security following a massive breach at the...
Samsung is replacing faulty Galaxy S IIIs that are suddenly dying for no reason
Labels: TechnologySamsung (005930) is reportedly quietly replacing faulty Galaxy S III devices according to many users on XDA Developers. The issue appears to be related to the NAND becoming corrupted and killing off the Galaxy S III’s mainboard, which causes the phone to essentially “brick” itself. Users have reported the issues have affected some devices after 150-200 days after purchase. Users on XDA Developers...
Insight: Security fears dogged Canada debate on China energy bid
Labels: TechnologyIn September, two months after China's state-owned CNOOC Ltd made an unexpected $15.1 billion bid for Canadian energy company Nexen Inc, Canada's spy agency told ministers that takeovers by Chinese companies may threaten national security.The rare warning from the Canadian Security Intelligence Service (CSIS), which was disclosed to Reuters by intelligence sources, did not stop the takeover. That...
Dec
23
Malala asks Pakistan not to rename college for her
Labels: WorldMINGORA, Pakistan (AP) — A 15-year-old Pakistani girl who was shot by the Taliban for promoting girls' education has urged Pakistan to reverse a decision to rename a college in her honor to avert militant attacks on students, an official said Friday.Malala Yousufzai, who became a symbol of youth resistance to the Taliban, made the request after students broke into the school, tore down Malala's pictures...
AP PHOTOS: A photo journey through North Korea
Labels: WorldPYONGYANG, North Korea (AP) — My window on North Korea is sometimes, quite literally, a window — of a hotel room, the backseat of a car, a train. Fleeting moments of daily life present themselves suddenly, and they are opportunities to show a side of the country that is entirely at odds with the official portrait of marching troops and tightly coordinated pomp that the Pyongyang leadership presents...
World stocks fall as US budget negotiations stall
Labels: WorldBANGKOK (AP) — Heightened uncertainty about the outcome of budget negotiations in Washington among President Barack Obama, House Speaker John Boehner and other Republican lawmakers drove world stock markets lower Friday.If a compromise is not in place by Jan. 1, the Bush-era tax cuts will expire and spending cuts will kick in automatically — a one-two punch to the economy that many experts fear will...
Delhi police say they will protect women on buses
Labels: WorldNEW DELHI (AP) — Indian officials announced Friday a broad campaign to protect women in New Delhi following the gang rape and brutal beating of a 23-year-old student on a moving bus in the capital.Police arrested a boy Thursday night, the fifth person detained in connection with the crime, Delhi Police Commissioner Neeraj Kumar said. Authorities were hunting for the final assailant, he said. Those...
Russia's Gazprom to buy Kyrgyz state gas company
Labels: WorldBISHKEK, Kyrgyzstan (AP) — Kyrgyzstan's state-owned natural gas company says it is to be sold to Russia's energy monopoly Gazprom, raising hopes of an end to debilitating energy shortages in the impoverished Central Asian nation.Kyrgyzgaz general director Turgunbek Kulmurzayev said Friday that the sale of the company to the Russian gas giant would be completed by April 1.Last week, gas and electricity...
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