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PRESS DIGEST-Australian Business News - May 21
ReutersCompiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) CLP Group, in a first-quarter report released yesterday, signalled it does not expect...Tags: Productivity, Australia, Finance, Sydney (Australia), Dwayne Johnson
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CONSUMER REPORTS: Cheap Chromebooks
If you’ve been thinking about getting a backup laptop, either for yourself or one that’s easy for your kids to use, there’s a new kind that’s being heavily advertised. It’s called a Chromebook. Chromebooks fall between...Tags: Electronics, Google Inc., Consumers, Google Nexus 7, Science and Technology
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Some U.S. utilities say they're under constant cyber attack
ReutersWASHINGTON/BOSTON (Reuters) - Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring...Tags: White House, Gerald Henry, U.S. House Committee on Energy and Commerce, Edward J Markey, Elections
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Microsoft partnership to change game for fans, players, coaches
ReutersThe Sports Xchange Microsoft partnership to change game for fans, players, coaches Thanks to Microsoft, the NFL is about to become a new ballgame for fans, players and coaches. As part of the launch of the tech giant's next-generation Xbox One home...Tags: Football, Television Industry, Steve Ballmer, Sports, Xbox 360
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Ireland rejects blame for Apple's low tax rate
ReutersCORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed...Tags: Career and Workplace, Republic of Ireland, European Union, Finance, Enda Kenny
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DA: South Whitehall couple stole $850,000 to support gambling habit
When South Whitehall officials removed Nancy A. Tonkin from her job as the person in charge of handling the money that residents paid for their utility bills, she threw a tantrum, stomping around and treating her co-workers miserably, her boss said....
Tags: Career and Workplace, Mount Airy, Finance, Labor Legislation, Crime, Law and Justice
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Yahoo's challenge to be building Tumblr's advertising business
SAN FRANCISCO — To punctuate his company's $1.1-billion purchase by Yahoo Inc., Tumblr co-founder and Chief Executive David Karp let loose in a blog post with a celebratory expletive. It was classic Karp, a 26-year-old high school dropout who...
Tags: Computer Networking and Internet, Marissa Mayer, YouTube, Yahoo! Inc., Arts and Culture
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Chicago's GrubHub to merge with Seamless
One company was founded in Chicago by hungry software engineers, the other in New York by hungry lawyers. Both were looking to replace restaurants' paper takeout menus with Web-based technology. Now the two rivals are joining forces. GrubHub, one of...
Tags: Career and Workplace, Tribune Company, Finance, Restaurant and Catering Industry, Financing and Stock Offerings
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Bold move: Yahoo makes $1.1 billion bet on Tumblr, Internet whiz kid in bid to be hip again
AP Technology WriterSAN FRANCISCO (AP) — After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr in...Tags: Stock Market, Social Media, Employees, Corporate Officers, Sociology
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He done Ma proud: 26-year-old Tumblr founder's transformation from whiz kid to tech king
Associated PressNEW YORK (AP) — As a teenager, Tumblr CEO David Karp would canvass the streets of New York City's Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the precocious, computer-savvy kid decided to...Tags: Bronx (New York City), Marissa Mayer, Computer Networking and Internet, Career and Workplace, Social Media
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FACTBOX-Yahoo's acquisitions: from Geocities to Tumblr
ReutersSAN FRANCISCO, May 20 (Reuters) - Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalize its brand and attract a younger generation of users. Yahoo has been criticized for making big...Tags: Marissa Mayer, Computer Networking and Internet, Yahoo! Inc., Consumer Goods Industries, Social Media
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PRESS DIGEST - Wall Street Journal - May 21
ReutersMay 21 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * JPMorgan Chase & Co is preparing for a shake up of its board even if every director wins re-...Tags: China, Business, Apple iTunes, The Wall Street Journal, Board of Directors
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