Latest US Business News
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3D Printing Company MakerBot Acquired In $604 Million Deal
$604 million deal . The merger, which will allow MakerBot to operate as a separate subsidiary of Stratasys, will pay $403 million in exchange for 100% of MakerBot's stock. The remaining two-thirds of the deal will be subject to MakerBot's performance during the next two years. It's no secret that 3D printing has exploded over the last few years, as headlines with news about 3D ...
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Did A So-Called Sexual Assault How-To Manual Just Get Funded Via Kickstarter
Feministing to get the campaign canceled and funding returned to donors and an avalanche of tweets asking @kickstarter to pull the project. But to what end? Hoinsky's campaign wrapped up this morning, with a over $16 000 raised - more than eight times what he was originally asking for. The campaign as it's described doesn't violate Kickstarter's terms of service, unless you ...
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Microsoft backtracks on Xbox One online games policies
Microsoft is pressing reset on policies related to its Xbox One video game console.The company announced it is dropping two major features of its next-generation console: regular online authenticity checks required to play video games offline and restrictions on what players can do with games after ...
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Microsoft reverses course on Xbox One restrictions
The original plan was to have the Xbox One console check in with its central servers at least once a day (and more frequently if users were accessing their account from a different system). If the console were not able to do so, users would not be able to continue using the Xbox ...
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Chinese billionaire buys 007s yacht maker
Sunseeker's luxury yachts have been used in various James Bond films, making the iconic brand even more desirable to Chinese firm Dalian Wanda ...
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Much faster Wi-Fi coming soon
The latest Wi-Fi technology, called "802.11ac," offers speeds of up to 1.3 Gigabits per second. That's fast enough to transfer an entire high-definition movie to a tablet in under 4 minutes, share photo albums with friends in a matter of seconds or stream three HD videos at the same time. It's more than double the top speed of the previous standard, known as ...
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Vine videos provide clues to new design features
It's no coincidence that the teaser videos come just a day before Twitter rival Facebook is expected to announce an Instagram video feature for sharing more than photos through ...
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Microsoft Xbox One policy switch makes user forums explode
After the tech giant announces that it's backtracking on its much-derided Internet connection requirement, social media, comment threads, and gaming forums light ...
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Report Microsoft and Nokia talked acquisition but no dice
Microsoft and cellphone maker Nokia were in advanced talks about an acquisition of the Finnish company's device business, but the discussions have broken down, according to a report in The Wall Street Journal. Such a deal might have improved both companies' ability to compete in a world dominated by smartphones offered by Apple, which makes both hardware and software, and by Google, ...
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Emerging Markets Report Emerging markets currencies dive on Fed
The Mexican peso and other emerging-market currencies dived against the dollar Wednesday after Federal Reserve Chairman Ben Bernanke said the Fed could moderate its asset purchases later this ...
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Fed causes Aussie Crash stocks down US dollar higher
Is it possible that for all the criticism that has been directed at the Fed that the nuances are actually starting to become apparent between a "taper" and a withdrawal of stimulus? I'll have a chat about it below but as a recap stocks did really well last night, better than I would have thought and the Euro pushed further into nose bleed territory making a high of 1.34 on better ...
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Xbox One vs. PlayStation 4
PlayStation 4 launch in North America, and already blood has been spilled. From Microsoft gathering an arguably more impressive stable of exclusive games, to Sony revealing the lack of restrictions on PS4 games and a $100 lower price -- to Microsoft ...
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Mad Max with an American accent Not so fast
video game version is on the way, but some fans are outraged to see an American voice actor cast in the leading role. The upcoming third-person open-world game by Avalanche Studios, due out sometime next year for PCs, ...
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Artificial pancreas tells your tablet when you need insulin
The continuous glucose monitor -- which checks levels every one to five minutes -- works with a smartphone or tablet to calculate the amount of insulin the patient needs and delivers it via a ...
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Shiny Panasonic coffeemaker smells good
(Credit: Panasonic) They say we eat with our eyes first, yet that is only half the story. Clearly, whoever this "they" is either has a terrible sense of smell or a very bad cold. Eyes are great for getting a sneak peek of what's to come, but it is the nose that knows before all. Naturally, some edibles have more odiferous enticements than others with breakfast having a ...
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Video Federal Reserve raises its predictions for growth and jobs
Ben Bernanke said the economy is doing well enough that the Federal Reserve is likely to ease back on a bond-buying program that has kept interest rates at record-low rates. The prospect of higher interest rates sent the Dow down more than 200 points. Anthony Mason ...
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Xbox One Eighty Microsoft fails to sell the future retreats to the past
Some day, far down the road, we'll be sitting with our grandchildren at our feet, rocking in our holochair, watching the virtual sun set in our Googlezon immersi-room, and we'll get all nostalgic. We'll look back on the period of May to June 2013 fondly, remembering all those memes we posted and those angry diatribes we wrote. We'll look down fondly at those tiny children, ...
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Microsoft mulled buying Nokia unit
SAN FRANCISCO (AFP) - Microsoft was in talks to boost its position in the mobile phone market by buying the devices business from Nokia but failed to seal a deal, the Wall Street Journal reported Wednesday.The Journal cited unnamed sources as saying the US technology titan and the pioneering Finnish mobile phone company were involved in serious talks that recently faltered.Microsoft has been ...
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Microsoft Responds To Fan Outcry Changes Xbox One Policies
Don Mattrick, president of Interactive Entertainment Business at Microsoft, greets the crowd at the Xbox One reveal event in Redmond, Wash., last ...
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As Chairman Ben Bernanke clarifies Feds moves markets freak
WASHINGTON -- The Federal Reserve might begin tapering off its economic life support late this year and finish a controversial program of bond purchases by the middle of the next year, Chairman Ben Bernanke said Wednesday in remarks that triggered fear and loathing in financial markets.Stocks fell sharply after Bernanke used a midafternoon news conference to clarify the circumstances under ...
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News Summary Mens Wearhouse ousts founder
THE NEWS: Men's Wearhouse Inc. says Wednesday it dismissed its founder and executive chairman George Zimmer, who appeared in many of its TV commercials with the slogan, "You're going to like the way you look. I guarantee it."BEHIND THE OUSTING: Men's Wearhouse declined to give a reason for the ousting, but Zimmer shot back, saying the firing was due to a disagreement ...
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Microsoft Says XBox is no Big Brother
Microsoft manager Marc Whitten doesn't think a lot of the recent criticisms from data security advocates about Microsoft's new XBox One gaming console are fair. "The player controls the system, not the other way around," says the man who has become known as the Father of the XBox One, speaking to dpa on the sidelines of the E3 gaming convention in Los Angeles. Critics ...
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Oddworld Inhabitants Founder Lorne Lanning Believes Microsoft Will Right Xbox One Ship
Lorne Lanning, founder of Oddworld Inhabitants, launched Oddworld: Abe's Oddysee on Sony PlayStation in 1997. After developing a sequel for Sony and publisher GT Interactive, Oddworld: Abe's Exodus in 1998, the independent developer opted for Microsoft's Xbox platform with Oddworld: Munch's Oddysee in 2001. Lanning found himself back in Sony's camp, on the stage during ...
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Wall Streets Taper Dance
Taper, taper, taper! You know you're doing it. It's the newest dance craze among the Fed-obsessed on Wall Street who hang on to every single word uttered by the Chairman. Gyrating wildly not knowing if the central bank would relax its quantitative easing or not, traders have been doing the taper twist and turn for what feels like weeks.Wednesday - finally - The ...
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Taco Bell Tries New Protein-Packed Menu
Taco Bell plans to test a "Power Protein" menu that it's hoping will eventually be hit with its core audience --young men. The chain says it will start testing the menu July 25 at about 40 locations in Dayton, Ohio. The burritos and bowls will have double portions of chicken or steak, and toppings such as corn, guacamole and reduced fat sour cream. They'll be made with ...
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