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Friday, May 25, 2012, 5:35 a.m.
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To revamp, HP to ax 27,000 jobs

posted: 05/24/2012 3:26 a.m. Comments 6

Hewlett-Packard Co. said Wednesday that it will cut its global work force by 27,000 employees by October 2014, while reporting a drop in sales and profit for its second quarter.

Facebook’s stock takes a dive

posted: 05/22/2012 2 a.m. Discuss

After Facebook stock narrowly stayed above the initial public offering price during its first day of trading Friday, the price fell hard and fast Monday, knocking nearly 11 percent off the company’s record-breaking initial valuation.

Yahoo to sell half its stake in Alibaba for $7.1 billion

posted: 05/22/2012 1:57 a.m. Discuss

Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.

Latest buzz on new iPhone: Larger screen

posted: 05/21/2012 2:56 a.m. Discuss

Apple Inc. is preparing to overhaul the look of its iPhone, three people with knowledge of the plans said, refreshing the company’s top-selling product amid competition from rivals such as Samsung Electronics Co.

Bullet-train plan’s schedule tight

posted: 05/21/2012 2:53 a.m. Comment 1

If California starts building a 130-mile segment of high-speed rail late this year as planned, it will enter into a risky race against a deadline set up under federal law.

For broadcast TV, hand-held devices are the next stop

posted: 05/21/2012 2:51 a.m. Discuss

Later this year, offering live television on mobile digital devices will become a reality for more than 90 stations in 35 markets.

Company looking for bioplastics to grow

posted: 05/21/2012 2:49 a.m. Discuss

With all his talk about sugar cane, corn, casaba and fungi, Jeff White sounded like someone with a food obsession. But the ingredients he listed during an interview last week had to do with manufacturing, not a meal.

Comcast to charge for excess data use

posted: 05/21/2012 2:47 a.m. Discuss

Comcast Corp., the country’s largest Internet service provider, is going to start charging extra when customers go over a certain monthly data limit.

New Google feature aimed at honing search options

posted: 05/21/2012 2:45 a.m. Discuss

Google is introducing a new tool, designed to make its search engine smarter.

Honda to test glider that can be used indoors

posted: 05/21/2012 2:44 a.m. Discuss

The people mover has gotten an upgrade: Honda last week announced its new Uni-Cub, a personal mobility device that lets riders glide around the office or the aquarium perched comfortably on what looks like a trash compactor on wheels.

Robotic-arm experiments build hopes for helping the paralyzed

posted: 05/21/2012 2:43 a.m. Discuss

Using only her thoughts, a Massachusetts woman paralyzed for 15 years directed a robotic arm to pick up a bottle of coffee and take it to her lips, researchers report in the latest advance in harnessing brain waves to help disabled people.

TECH SPOTLIGHT: Soundfreaq speaker system allows fair-weather music fans to take it outside

posted: 05/21/2012 2:42 a.m. Discuss

Sunny skies (most of the time), warm temperatures, cool breezes … could the weather have been any more perfect lately for some “me” time outdoors?

ON COMPUTERS: Cutting cable cord doesn’t mean TV’s now free

posted: 05/21/2012 2:40 a.m. Discuss

“Cutting the cord” these days means waving bye-bye to your monthly cable bill. But it depends on how much you like convenience, local sports, skipping commercials, and a few other things.

Technology news in brief

posted: 05/21/2012 2:38 a.m. Discuss

AT&T, Verizon duel on family plans Verizon Wireless and AT&T Inc. are both preparing to roll out shared-data pricing plans this year. Whoever makes the first move will transform the way the industry charges for wireless service.

Facebook flat on first day public

posted: 05/19/2012 3:34 a.m. Discuss

After all the hype, Facebook’s first day as a public company ended where it began. Its stock closed at $38.23, up 23 cents, after pricing Thursday night at $38 per share.

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