TECHNOLOGY

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Head of U.S. cyber agency resigns suddenly

The head of a U.S. agency that helps respond to cyber attacks resigned suddenly after several high-profile attacks on government computer systems but the Department of Homeland Security declined Monday to comment on the reason.
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Mike Lazaridis, president and co-chief executive officer of Research in Motion, speaks at the RIM Blackberry developers conference in San Francisco

RIM Layoffs Not Long-Term Solution

Blackberry maker Research in Motion's plan to lay off 10 percent of the company's workforce shines fresh light on desperation within the company to keep up with fierce smartphone competition eroding market share.
A Netflix disk envelope is displayed in Encinitas

Netflix shares down after subscriber outlook

Netflix Inc, the top video rental company, reported second-quarter revenue that fell short of expectations and cautioned that subscriber growth would slow in the third quarter, sending shares down about 9 percent.
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Mac Mini, MacBook Air Ousts Optical Drive

New versions of the Mac Mini and MacBook Air have eliminated optical drives used for CDs and DVDs, which signifies the imminent death of tangible media completely as USB connectivity and digital marketplaces become the popular means for file transferring.
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Best iPhone & iPad Apps for Travel

Whether you are traveling for a few hours or a few days, these Apple iPhone apps are sure to keep your trip headed in the right direction.
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GE moving top X-ray executives to China

General Electric Co is moving its global X-ray headquarters to China from the United States as part of the largest U.S. conglomerate's overall drive to boost its presence in big emerging markets.
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New Macbook Air vs. Sony Vaio Z 2011

Sony and Apple have been longtime rivals in the premium consumer electronics world, with both manufacturers setting trends and making fashion statements while pushing the boundaries of technology.
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RIM to cut 11 percent of workforce

BlackBerry maker Research In Motion Ltd plans to cut about 11 percent of its workforce to slash costs as it struggles to compete against Apple Inc and Google Inc.
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Pandora Media gets thumbs-up from two brokerages

Two brokerages started coverage on Pandora Media Inc with positive ratings citing its exciting long-term growth opportunity, given the growth in Internet radio and the ongoing shift of advertising dollars to the Web and mobile environments.
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RIM to cut 2,000 jobs

Research In Motion Ltd said on Monday it plans to cut about 2,000 jobs, or 11 percent of its workforce, and would explain the financial impact of the cuts when it reports second quarter results on September 15.
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Samsung CEO: To hike memory chip capex

Samsung Electronics Co <005930.KS> plans to raise investment in memory chips this year and will not cut its overall investment for the second half despite economic uncertainty hitting component demand, its chief executive said on Monday.
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Chinese city orders two fake Apple Stores to close

Chinese officials in Kunming have ordered two fake Apple shops to close, not because of piracy or copyright concerns, but because the stores in the southwestern city did not have an official business permit.
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Canon posts 30.9 percent drop in Q2 profit, raises forecast

Canon Inc <7751.T> posted a 30.9 percent decline in quarterly operating profit on Monday, hurt by production halts due to parts shortages after the March 11 earthquake, but it raised its full-year forecast due to a faster recovery than expected.
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Google "Places" drops outside customer reviews

Google Inc has removed excerpts of customer reviews from sites such as Yelp and TripAdvisor from Google Places, its competing online service aimed at helping consumers search for local businesses.
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Chinese city orders closures of two fake Apple shops

Chinese officials in Kunming ordered two fake Apple shops to close, a local newspaper reported on Monday, an apparent reaction to a storm of media attention about an unauthorized and elaborate hoax store in the southwestern city.

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