TECHNOLOGY

Exclusive: Lilly CEO defends R&D spending

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Eli Lilly and Co is committed to spending what it takes to come up with innovative drugs over the long term, its chief executive said, even though the company's earnings are expected to tumble over the next three years.
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Study finds text messages help smokers quit

Smokers are twice as likely to quit when they get text messages urging them to stick to their goal of being smoke free compared with those who receive texts with no motivational messages, a British study has found.
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When will iPhone 5 arrive, finally?

Going by the latest reports, it looks unlikely that there will be a new iPhone this Fall. Not even a 'baby' iPhone, a cheaper version for the emerging markets! Gadget lovers can’t wait to know the latest titbit about the possible iPhone launch. Some say they want to see the iPhone 5 on the store so that they can explore the features of iPhone 6.
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Samsung says files complaint against Apple with U.S. ITC

Samsung Electronics <005930.KS> said on Thursday it had filed a complaint against Apple with the U.S. International Trade Commission, claiming that the firm infringed its wireless technology and mobile device user interface.
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Vulnerabilities found in Google Chrome PC security

Google Inc brags that computers running its recently released Chrome operating system are a lot safer than traditional PCs, partly because user data is stored in the Internet cloud and not on the machine.
The Apple iPhone 3GS

3GS to be free after iPhone 5 comes: analyst

Consumers have been whipped into a frenzy after a slew of analysts commented on the immanent arrival of the iPhone 5 earlier this week, but the latest prediction could make the Apple's phone family within broader reach.
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Oracle fires new salvo against HP over Itanium

A Hewlett Packard lawsuit against Oracle is a publicity stunt designed to blame Oracle for disruption that will happen when HP's Itanium chip-based server business comes to an end, Oracle said in a court filing.
The Apple iPhone 3GS

Apple offers free iPhone 3GS, could delay iPhone 4GS and iPhone 5 launch

The latest rumors have reported Apple to offer its iPhone 3GS for free as it makes way for the launch of their upcoming iPhone 5. The iPhone 3GS will be given out for $0 if customers sign onto a two year contract. Consumers waiting for the iPhone 5 may not be an ideal target, but those who fall in the mid or low-range smartphone buyers market will find the offer enticing.

News Corp Sells MySpace for $35 million

News Corp paid $580 million for social media site Myspace six years ago, but today News Corp announced it has sold a majority of its MySpace ownership for $35 million.
Google+ Has Privacy Advantages Over Facebook

Google+ Social Network Takes First Step to De-throne Facebook

Google has stepped back into the social network ring with the launch of Google+ (Plus). The new social network hopes to succeed where Google's previous Buzz project failed by creating a more natural way for users to connect. The focus is by first playing it safe through utilizing basic functions of sharing photos, chatting, and meeting friends, and then builds on that with some unique features that rival Facebook's groups and text message blasts.
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Gaikai seeks deals as gaming shifts to the cloud

Gaikai, a privately-held cloud gaming firm whose backers include Electronic Arts and Intel Capital, expects to sign deals with major publishers and video game makers, as the market shifts from console-based games to online titles.

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