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Reuters - 1 hour 28 minutes ago
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More tech workers get bonuses, pay raises: survey
NEW YORK worker earned $79,384, adding less than $1,000 from the prior year. About half of IT workers got raises, up from a third in 2009.
Sanctions no obstacle as Iranians get their iPads
TEHRAN - Although there were no lines of eager customers forming outside computer stores in Tehran on the day that Apple's iPad was introduced to the world last year, the tablet computer -- the newest global must-have gadget -- has quietly appeared in Iranian shops, despite tightened sanctions. On a recent winter's evening, the swank Paitakht Computer Center in northern Tehran was packed with young, technology-savvy Iranians looking for the latest digital products for work or fun.
Google investors to look beyond search
SAN FRANCISCO - A strong holiday shopping season will help Google Inc <GOOG.O> beat Wall Street's quarterly targets again, but investors may need more convincing to buy into the Internet giant's longer-term future. Google, whose shares underperformed the market in 2010, will need to overcome past failures to get onto the social Web and local advertising -- twin areas that threaten to siphon off Internet traffic, and advertising dollars.
Alibaba, partners to spend up to $4.5 billion on logistics
BEIJING - Alibaba Group, China's largest e-commerce firm, and its financing partners plan to spend up to $4.5 billion setting up a network of warehouses across the country to tap a growing appetite for online shopping. The $3.0 billion to $4.5 billion investment will be made over three to five years and will be aimed mainly at building warehouses and also supporting logistics firms, the company said on Wednesday.
Study marks spooky step towards quantum computers
LONDON - Scientists have moved a step closer to creating ultra-fast quantum computers by generating 10 billion bits of quantum entanglement in silicon for the first time. The achievement in silicon, the basis of the computer chip, has important implications for integration with existing technology, according to a team from Britain, Japan, Canada and Germany whose study was published in the journal Nature on Wednesday.
Juror could face charges for online research
By Brian Grow ATLANTA, Jan 19 - A U.S. high-school librarian could face criminal charges for conducting online research while she was a juror in a capital-murder trial.
Apple's bright view outshines Jobs's plight
SAN FRANCISCO - Apple Inc landed blockbuster results and a strong outlook on dazzling sales of the iPhone and iPad, reassuring investors that visionary CEO Steve Jobs's medical leave will have no impact on growth. Shares in Apple leapt almost 4 percent after hours following a brief trading suspension. It later backtracked to stand about 2 percent higher, recouping most of the losses incurred after Jobs's surprise announcement.
Swiss ex-banker linked to Wikileaks found guilty
ZURICH - A Swiss banker who publicized private client data on Wikileaks was found guilty on Wednesday of breaching strict banking secrecy and threatening former colleagues, but was given only a suspended fine. Judge Sebastian Aeppli acquitted Rudolf Elmer on charges he sought $50,000 for returning client data to former employer Julius Baer and that he made a bomb threat to the bank's headquarters.
Analysis: Goldman's Facebook retreat reflects new normal
NEW YORK - Goldman Sachs Group Inc's <GS.N> decision to scale back a heavily publicized sale of shares in social network site Facebook shows how the bank risks losing its edge as financial regulation intensifies. Goldman said on Monday that it will not sell Facebook shares to U.S. investors, because the intense media coverage surrounding the offering could run afoul of U.S. securities laws. The Wall Street bank is likely to face questions on the topic on Wednesday, when it posts fourth quarter results.
SAP sets ambitious goals, faces restructuring: report
FRANKFURT - German software maker SAP <SAPG.DE> is preparing to restructure and has hiked sales and margin targets to prop up its sagging shares amid litigation woes, weekly Manager Magazin reported. The company was dealt a blow when a U.S. judge in November ruled that SAP must pay rival Oracle Corp <ORCL.O> $1.3 billion for software theft, dwarfing SAP's own estimate of the damages.
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