TECHNOLOGY

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China arrests 12,000 in online drug sale sweep

Chinese police have arrested 12,125 people during a crackdown on the sale of narcotics online and have confiscated more than 300 kg of illegal drugs, state news agency Xinhua reported on Sunday.

ITG's Windows 8 Smartphone to be Released Early 2012

Breakthrough "Post-Smartphone"
In Technology Group Ltd. announced a 4.3-inch xpPhone 2 smartphone should be launched early next year. ITG, claiming to be known as China Apple, announced in its press release that the xpPhone 2 will be a Post-Smartphone.
HP TouchPad

HP TouchPad Sale: How to Snag the Last $99, $149 Tablet Computers

If you've been adamantly waiting to get your paws on an HP Touchpad during the $99 sale, the terms of how to snag a discounted tablet computer may come as a buzz kill for you: Best Buy announced the last TouchPad sale will be available exclusively in November...eligible for the discount price only with the purchase of a new PC.
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iPhone 5: Why Apple Delays Its Launch

After having been halted by the iPhone 4S reality for some time, the rumor mills have back to the imaginary iPhone 5. Many people believe Apple will launch iPhone 5 in 2012.
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Google takes another shot at the TV market

Google Inc is making another push to bring its Web savvy to television sets, hoping to tap into a vast new market despite consumers' lukewarm reaction to one of its initial offerings.
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Thai floods boost PC hard drive prices

Prices for hard drives are jumping as flooding in Thailand creates a shortage of the major component used in personal computers and one big customer is complaining of price gouging.
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Pressure mounts on Olympus as ex-CEO meets prosecutors

Former Olympus Corp Chief Executive Michael Woodford said on Friday he has met with U.S. federal prosecutors and hired a Washington law firm, as pressure mounted in Japan on the camera and endoscope maker to conduct an independent probe into controversial acquisitions.
HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva

HP Shares Jump After Upgrade; New CEO Opts for PCs

Shares of Hewlett-Packard rose about 3.5 percent Friday after the No. 1 maker of PCs decided not to drop out of the business. Separately, Fitch said the decision favorably affected its credit rating.
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Redbox Raises Rates: Why Netflix Wins

Redbox raised its DVD for a day rate from $1 to $1.20. The twenty cent price hike is minimal, but it's actually put Netflix and Blockbuster back on top.
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Steve Martin turns tweets into book

Veteran actor and comedian Steve Martin is writing a book based on his Twitter posts, with all profits going to charity, the book's publishers said on Friday.
Apple sales in the Asia-Pacific region jumped 174% from a year ago.

Apple Sales Surge 174% in Asia-Pacific

Apple sales in China and Japan reached $14.3 billion in 2011, an increase of 174 percent from a year ago. The region accounts for nearly a quarter of revenue.
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Samsung surges past Apple in smartphones, upbeat on Q4

Samsung Electronics Co overtook Apple Inc as the world's top smartphone maker in the July-September period with a 44 percent jump in shipments, and forecast strong sales in the current quarter in a clear warning to its rivals.
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HP ditches costly PC unit spin-off

Hewlett-Packard Co ditched a plan to spin off its personal computers unit, a month after the ouster of CEO Leo Apotheker whose idea would have cost billions of dollars in expenses and lost business.
RedBox

Redbox Mirrors Netflix, Raises Rental Rates

Video rental firm Redbox said it would raise its daily DVD rental rate by 20 cents to $1.20, citing higher operating costs, including an increase in debit card fees that went into effect Oct. 1. It also plans to have a streaming business plan in place by the end of the year.
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More Companies Shed Light on Political Spending

More American companies are bending to shareholder pressure to reveal their spending to sway political campaigns despite court decisions allowing unfettered corporate cash in elections, according to a study released on Friday.
Siri-Powered Apple Television Coming in 2013? Steve Jobs’ Biography Cracks Secret

Siri-Powered Apple Television Coming in 2013? Steve Jobs' Biography Cracks Secret

Near the end of his bestseller authorized biography, late Apple co-founder Steve Jobs hinted that work on building a full-fledged television set with a new interface was in full swing toward the end of his days. For years, Jobs had also reportedly been pushing engineers at Apple to develop a new interface for living room TVs.

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