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Xerox Surprise: CEO Trims Earnings Forecast

The global slowdown may trim net income for Xerox Corp. (NYSE: XRX), the No. 1 provider of business printers and services. CEO Ursula Burns shaved her full-year forecast to a range between $1.07 and $1.12 a share from the previous $1.18.

GE's 2Q Beats Street On Strong US Energy Equipment Sales

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General Electric Company (NYSE: GE), the largest U.S. conglomerate, said Friday its second-quarter continuing earnings rose 7 percent as strong U.S. demand for energy related equipment offset falling European demand and the effect of a strong dollar.
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No. 10 – Mountain  View, California

The Best Cities In America For Your Social Life

Do you prefer rooftop terraces to big backyards, an evening at the theater to a night on the couch, or coffee at a café instead of a cup of tea at home alone? If so, you may want to check out one of the cities on Coldwell Banker’s new survey of America’s top 10 markets for “social seekers.”
Google Inc vice president Marissa Mayer unveils Google Instant in San Francisco

Yahoo’s Mayer: Making First Moves At Turnaround

Now three days into running Yahoo (Nasdaq: YHOO), the No. 3 search engine, CEO Marissa Mayer has already telegraphed that change is coming. She appointed the first editors for Yahoo News and Yahoo Finance, two of the company’s most popular portals.
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Honda Recalls More Than 300k 2012 CR-V, 2013 Acura ILX Cars Globally

Honda Motor Company (NYSE: HMC) is recalling 166,609 model year 2012 CR-V and 12013 Acura ILX vehicles in the U.S., a number which could swell to as many as 321,453 vehicles globally, according to Automotive News Thursday. Honda declined to comment on the price of the fix.
Nokia CEO Stephen Elop

Nokia’s Challenge: Can It Wait for Windows 8?

Investors are betting that Finland’s Nokia (NYSE: NOK) can survive the smartphone wars, now that it’s gambled on Windows from Microsoft (Nasdaq: MSFT), the world's biggest software company.
Grum Spambot Shut Down: Massive Botnet Created 18 Percent Of World's Spam Email

Grum Spambot Shut Down: Massive Botnet Created 18 Percent Of World's Spam Email

The Grum botnet, which experts believe is responsible for about 18 percent of the world's spam email traffic, has been shut down, according to security company FireEye, based in Milpitas, Calif. According to M86Security, Grum was responsible for roughly 17.4 percent of the worldwide spam email traffic, which made it officially the third largest active botnet in the world, after Cutwail and Lethic, respectively. In January 2012, however, Grum became the No. 1 spam botnet in the world, accounti...
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Markets Cheer Walgreen For Express Scripts Deal

Large U.S. drugstore chain Walgreen Co. (NYSE: WAG) announced Thursday it would be renewing its contract with Express Scripts Holding Co. (NASDAQ: ESRX), to provide customers of that pharmaceutical claims manager with prescription drugs at Walgreens retail stores.
4chan Gets Burger King Employee Fired

4chan Users Get Burger King Employee Fired For Defiling Lettuce in Photo

4chan is a confusing place. Its anonymous userbase is just as likely to spend time harassing people over the internet as it is arrange a killer birthday party for a 90 year-old veteran. The site's latest stunt seems like a combination of both. After a Burger King employee posted a picture of himself standing in a tub of lettuce, 4chan users tracked the employee down and had him fired.
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Windows 8 Will Be Released Oct. 26: Microsoft

Windows 8 will be released Oct. 26, Microsoft announced at its annual sales meeting Wednesday. Customers will be able to buy an upgrade for their current OS or simply purchase a new machine with the Windows 8 operating system installed.
Consumers Remain Cautious despite Hefty RBA Cuts in May

TiVo Wants To Know Where You Shop, Nielsen Wants To Stay Relevant

The company that developed the first commercially available DVR announced on Tuesday that it is purchasing TRA, Inc., a marketing and analytics company whose products help advertisers know which TV commercials are the most effective based on consumers' shopping habits.
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IBM Boosts Full-Year Earnings Estimate To $14.40

International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, boosted its full-year net earnings estimates to “at least” $14.40 a share from the previous estimate of $14.27.
Jeremy Lin

Jeremy Lin's Departure Much Ado About Nothing: Wall Street

Madison Square Garden Company (Nasdaq: MSG) shares appeared unaffected Wednesday by Jeremy Lin's departure, despite considerable hype surrounding the former New York Knicks point guard's economic boost to the company's bottom line.

Explorers Find Silver Cargo Worth $38M On Sunken Ship

Odyssey Marine Exploration Incorporated (NasdaqCM: OMEX), a deep-ocean exploration company, said Wednesday it found 48 tons of silver bullion, worth some $38 million, on the floor of the Atlantic Ocean some 300 miles off the coast of Ireland.

Tesla Motors Gets Mixed Stock Ratings After Model S Delays

Tesla Motors Inc. (Nasdaq: TSLA) received mixed ratings from analysts on Wednesday as Wunderlich downgraded shares of the electric car manufacturer to sell while Jefferies Group and Maxim Group reaffirmed their buy rating on the company despite reports of delayed Model S deliveries.
Apple: What Happened To Secrecy? iPhone, iPad Rumors At All-Time High

Apple: What Happened To Secrecy? iPhone, iPad Rumors At All-Time High

Two months after CEO Tim Cook promised Apple would do better at plugging its leaks, Apple's product pipeline couldn't be more transparent. We have a pretty good idea of what the next iPhone will feature, and when it will launch. We also know details about the not-so-obvious products in the Apple pipeline; we know the general size of the heavily-rumored iPad Mini, and we know Apple likely has a TV in the works. What happened to the tradition of secrecy?

If Intel Catches Cold, Does Tech Get Pneumonia?

Intel (Nasdaq: INTC), the No. 1 chipmaker, Tuesday reported decent second-quarter financials but spooked investors and Silicon Valley with the dreaded news: third-quarter sales will be worse than expected.

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