Latest US Business News
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Facebook launches photo comments
(Credit: Facebook) Facebook is now letting its 1.11 billion members react to their friends' status updates with photo comments. The social network said Wednesday that it has started the global release of the new feature, which lets people add photos to comment threads using a new "Attach a Photo" button. To start, photo comment uploads will be restricted to the Facebook Web ...
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Snapcat Because cats like selfies too
(Credit: Snapcat) "O brave new world, that has such felines in it!" Does your cat feel that a lack of opposable thumbs is seriously hindering its ability to be beautiful on the Internet? Never fear; Snapcat is here! ...
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Whats the Internet of Everything worth $613 billion Cisco reckons
In 2013, Cisco calculates that companies could produce $613 billion of mostly incremental profit by harnessing the growing networked world of people and ...
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Intellectual Ventures sues Motorola Mobility again
(Credit: Josh Lowensohn/CNET) Intellectual Ventures is coming back for seconds in another lawsuit against Google-owned Motorola Mobility. The controversial Bellevue, Wash.-based company that's made headlines for accumulating a massive trove of software and design patents, sued Motorola Mobility in the U.S. District Court for the Southern District of Florida on Wednesday. The ...
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Yo Bum rush the torrent with a boost from Public Enemy
Chuck D got up in front of the U.S. Congress and told them exactly what "P2P" meant to him. "P2P to me means power to the people," said the member of political rap superstars Public Enemy. The sentiment that peer-to-peer file-sharing can be good for musicians is still being debated, but at the time it was borderline revolutionary. Chuck D continued to say that he trusted ...
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Eight iPhone game styles that would rock with a controller
(Credit: Sarah Tew/CNET) Editor's note: This is an abridged version of "49 iPhone games that would rock with a controller." You can read that entire ...
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Microsoft will pay up to $100K for new Windows exploit techniques
Microsoft has announced that it will give security researchers cash rewards for devising novel software exploitation techniques, creating new exploit mitigation systems, and finding bugs in the beta of Internet Explorer 11 when it's released later this month. Bug bounty programs, where security researchers receive a cash reward from software vendors for disclosing exploitable flaws in ...
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Microsoft to hire computer geeks to thwart hackers offers hefty bounties
Microsoft Corp is looking to recruit computer geeks in its ongoing efforts to protect Windows PCs from attacks, offering rewards of as much as $150,000 to anybody who helps identify and fix major security holes in its software. Microsoft unveiled the rewards program, one of the most generous in the high-tech industry to date, on Wednesday as it sought ways to prevent sophisticated attackers from ...
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Brand rankings in 2013 quality survey
J.D. Power and Associates released its ranking of initial quality in 2013 model-year vehicles Wednesday. Here's how the brands stacked up, along with their problems per 100 vehicles and how much they moved up or down in the rankings from last year.1. Porsche (80, +2)2. GMC (90, +10)3. Lexus (94, -2)4. Infiniti (95, +3)5. Chevrolet (97, +10)6. Acura (102, same)7. Toyota (102, +1)8. Honda ...
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Federal Reserve foresees lower US unemployment and inflation this year and next
WASHINGTON -- The Federal Reserve expects the U.S. unemployment rate to fall faster this year and next than it did in March. The Fed now predicts unemployment will fall to 7.2 percent or 7.3 percent at the end of 2013 from 7.6 percent now. It thinks the rate will be between 6.5 percent and 6.8 percent by the end of 2014, better than its previous projection of 6.7 percent to 7 percent. The 6.5 ...
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Stock market falls as traders fear stimulus cuts
Trader Dudley Devine, foreground, uses his mobile phone and handheld device, as he works on the floor of the New York Stock Exchange Wednesday, June 19, 2013. Stocks edged lower in early trading on Wall Street Wednesday as investors waited for word from the Federal Reserve. (AP Photo/Richard ...
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Voters support growth control in Encinitas
Guerin said her two groups --- Encinitas Residents, Business & Taxpayers Opposing Prop. A and Homeowners to Preserve Encinitas --- made a big push in the final days before the election to encourage people to come vote at the ...
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News Summary 5 key health overhaul points to know
Here are five key facts to know about the health care overhaul before major portions of it begin next year.1. The 2010 law is still in effect, having survived Congressional and Supreme Court challenges.2. Most Americans will need to have coverage next year or pay an annual penalty. 3. Millions will get coverage next year with help from tax credits or through an expansion of the state-federal ...
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News Summary Greece in talks to end TV crisis
THE TALKS: Greece's governing coalition parties met for the second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT.THE TRIGGER: Greek Prime Minister Antonis Samaras decided to switch off ERT's signal and fire its 2,700 employees as international pressure grows on Greece to speed up long-term cost cutting reforms.THE CRISIS: The ...
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Comparing US Feds views on economy spending
WASHINGTON -- A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting on April 30-May 1:ECONOMY:May: The Fed "continues to see downside risks to the economic outlook." June: Now, Fed policymakers see "the downside risks to the outlook for the economy and the labor market as having diminished since the ...
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Thailand cuts rice subsidy price after $4.4B loss
BANGKOK -- Thailand will pay farmers 20 percent less for rice to stem losses from a much-criticized subsidy program that dislodged the country from its spot as the world's No. 1 exporter of the grain, a government minister said Wednesday.Cabinet minister Warathep Rattanakorn said the government will pay 12,000 baht ($389) per ton of rice, compared to the current price of 15,000 baht ...
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Text of the Federal Reserves statement Wednesday
WASHINGTON -- Here is the statement the Federal Reserve released Wednesday after its two-day policy meeting:Information received since the Federal Open Market Committee met in May suggests that economic activity has been expanding at a moderate pace. Labor market conditions have shown further improvement in recent months, on balance, but the unemployment rate remains elevated. Household ...
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Federal Reserve expects slower growth for rest of 2013
The Federal Reserve revised downwards its forecast for the US economy, expecting slower growth for 2013 than it did just three months ago.In its revised projections, the Fed now expects an annualized growth rate between 2.3 percent and 2.6 percent. In March it saw potential growth as high as 2.8 percent.However, Fed governors and bank presidents now project a jobless rate between 7.2 percent ...
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Big Trends Driving MasterCards U.S. Business
s revenue comes from the U.S. and given the nature of the company's business, MasterCard's performance is closely linked to the country's economic condition. MasterCard charges data processing fees from its banking clients on the basis of the total number of transactions processed for the client and assessment fees as a percentage of the gross dollar value of transactions ...
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Apps To Simplify Every Hour Of Your Business Workday
© vege - Fotolia.com Whether you run a small business or a large enterprise, there are ways to make your CEO work life less complex, less hectic, and more enjoyable. Try out the following 30+ applications and simplify your day with basic changes to your ...
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Forbes Twitter Chat Daniel Fisher on SCOTUS
Forbes writers have the ability to call out member comments they find particularly interesting. Called-out comments are highlighted across the Forbes network. You'll be notified if your comment is called ...
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Please Dont Add Me to Your Email List
Keyboard (Photo credit: orangeacid) For the past several weeks I've been cleaning up my overloaded email inbox and unsubscribing to newsletters and email marketing lists. I had gotten in a bad habit of simply deleting new mail that I didn't want to read, and decided it was time to take action and ban many messages from landing in my inbox altogether. It wasn't until I started ...
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Are Used Games Going To Become A Thing Of The Past
In the long run, it is sad to say, but almost certainly yes. There has been concern about this issue for several years now, and the fact is, it is not just companies looking for a profit that are driving this, but also changing technology. Recently, it has gotten even more serious attention when it was revealed that the Xbox may not allow used games to be sold. This debate became even louder ...
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Never Give Stores Your Zip Code. Heres Why
Mob Museum in Las Vegas, an interesting addition to Sin City's attractions. I paid my admission with a credit card, prompting the museum ticket seller to ask me: "What's your ZIP code?" When I paused for a moment, she added: "It's for marketing purposes." As much as I had heard good things about the museum, I was unlikely to return soon as I live far from Las ...
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Is There Life After QE For Emerging Markets
Most countries will find it harder to attract capital and while they will still grow, they just won't grow as much as they used to. Is there life after quantitative easing for emerging markets? Let's hope so because this has been barren land all year. The MSCI ...
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