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US-TECH Summary
Reuters - Monday, June 28
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Foursquare close to obtaining funding: report
PHILADELPHIA - Startup website Foursquare, a location-based services company, is close to getting new funding that would allow it to expand, The Wall Street Journal reported on Sunday. The terms of the deal were not disclosed. The funding, led by Silicon Valley venture-capital firm Andreessen Horowitz, could be announced as early as this week, the newspaper reported in its online edition.
Germany says Apple must improve data transparency
BERLIN - Apple Inc <APPL.O> must "immediately make clear" what data it collects from users of its products and for what purposes, Germany's justice minister was quoted as saying by Der Spiegel magazine on Saturday. "Users of iPhones and other GPS devices must be aware of what kind of information about them is being collected," Sabine Leutheusser-Schnarrenberger told the German weekly.
New Apple iPhone hard to find, but not impossible
SAN FRANCISCO - Apple Inc's <AAPL.O> newest iPhone flew off store shelves, but lucky shoppers still managed on Friday to get their hands on one at least a dozen stores across the United States. The smartphone appeared to be sold out for walk-in purchases at the vast majority of Apple outlets in the United States a day after it launched, the latest sign Apple was having a hard time meeting demand.
Salesforce sues Microsoft as legal feud escalates
BOSTON - Salesforce.com Inc <CRM.N> is suing Microsoft Corp <MSFT.O> for alleged patent violations, the latest development in a legal battle that began last month when Microsoft accused Salesforce of stealing its intellectual property. The world's biggest maker of Web-based software charged that Microsoft is infringing five Salesforce patents in programs, including in the Windows Server operating system and the widely used .Net platform.
ATM security flaws could be a jackpot for hackers
BOSTON - A security expert has identified flaws in the design of some automated teller machines that make them vulnerable to hackers, who could make the ubiquitous cash dispensers spit out their cash holdings. Barnaby Jack, head of research at Seattle-based, security firm IOActive Labs, will demonstrate methods for "jackpotting" ATMs at the Black Hat security conference in Las Vegas that starts on July 28.
E-books pave way for more blockbusters, serials
NEW YORK - Stieg Larsson copycats take note: The slow rise of electronic books is paving the way for more safe-bet fiction blockbusters and serial-type books, at least in the short term, according to some book experts. With book sales stagnating in recent years, the nascent e-books market has thrown the industry into turmoil. In response, large publishers are taking fewer financial risks and betting more of their dollars on established authors, said Eileen Gittins of self-publishing company Blurb.com.
Pakistan to monitor Google, others for blasphemy
ISLAMABAD - Pakistani authorities on Friday put seven major websites, including Google and YouTube, under watch for containing material deemed offensive to Muslims, officials said. The Ministry of Information Technology is also blocking at least 17 links on Youtube and other websites for showing "blasphemous material."
Fans scramble for Apple's iPhone upgrade
NEW YORK/PARIS/TOKYO - Apple <AAPL.O> fans lined up overnight by the hundreds outside stores in the United States, Europe and Japan to snap up the latest iPhone, setting a new benchmark in the fast-growing smartphone market. It sold a record 600,000 in pre-orders in a single day last week and analysts expect upwards of a million sold in 24 hours: a record for a consumer electronics company and easily outstripping the pace of the last iPhone.
Suicide-hit Foxconn hands over staff dormitories
TAIPEI - Electronics maker Foxconn Technologies <2038.HK>, under fire for its working practices after a string of worker suicides, will sign over management of staff dormitories at its complexes in Shenzhen, southern China, to other companies, it said on Friday. Ten suicides this year at the sprawling manufacturing base has brought intense scrutiny of Taiwan's Hon Hai Precision Industry Co Ltd <2317.TW>, the owner of Foxconn, which makes the iPhone and other products for Apple <AAPL.O> and also counts Dell <DELL.O> and Hewlett-Packard <HPQ.N> among its clients.
YouTube, now with instant vuvuzela sound
JOHANNESBURG - Want to hear what your favorite pop star or politician sounds like accompanied by the most memorable sound of the soccer World Cup in South Africa -- the droning vuvuzela trumpet? Try YouTube. The popular video-sharing website has added a vuvuzela button -- in the form of a soccer ball -- on its latest video player, allowing the sound of the vuvuzela to play alongside the video being watched.
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US-TECH Summary Reuters - Monday, June 28
Foursquare close to obtaining funding: report Reuters - Monday, June 28
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ATM hack promises teller machine jackpot AFP - Saturday, June 26
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US-ENTERTAINMENT Summary
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