TECHNOLOGY

Apple denies its tracking iPhone locations

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Apple Inc. denied that its iPhones are tracking the location of users, responding to criticism that it was using data to help tap the market for location-based services.
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We should have been safe with Sony, say gamers

Sony PlayStation gamers expressed shock and disappointment on Wednesday at a massive data hack in which their names, addresses and credit-card details might have been stolen from the PlayStation Network.
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Sony Playstation suffers massive data breach

Sony Corp suffered a huge breach in its video game online network that allowed the theft of names, addresses and possibly credit card data belonging to 77 million user accounts, in one of the largest Internet security break-ins ever.
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Nokia to cut 7,000 jobs, Accenture takes Symbian

Nokia <NOK1V.HE>, the world's largest phone maker by volume, will lay off 4,000 people and outsource another 3,000 to Accenture <ACN.N> as part of a plan to slash annual spending by 1 billion euros ($1.46 billion).
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Ericsson Q1 profits surge on mobile broadband demand

Telecoms gear maker Ericsson blasted past first-quarter core profit expectations thanks to surging mobile broadband equipment sales, and said it hoped to have post-Japan quake supply problems ironed out by the end of the third quarter.
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Sony PlayStation Network user data stolen

An authorized person broke into Sony's PlayStation video game online network and stole names, addresses and possibly credit card data belonging to 77 million user accounts in what could be one of the largest-ever Internet security breaches.
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Ericsson set to gain from tech gear rebound

First quarter results from Ericsson look set to benefit from a recovery in the global network gear market that could help soften any impact on its supply chain from the earthquake in Japan.
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Amazon eyes rosy revenue

Amazon.com gave a confident revenue forecast that suggested its aggressive expansion into new businesses is paying off, soothing concerns about its slimmed-down profit margin.
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Amazon sales jump but spending curbs profit

Amazon.com on Tuesday posted quarterly revenue growth that let investors mostly shrug off razor-thin margins and disappointing earnings, and it forecast revenue that would beat Wall Street estimates for the current quarter.

White iPhone 4 Spotted In Belgium

For those who seek a white iPhone 4 and can't wait for it to arrive in the U.S., it's now possible to get one -- if you are willing to fly to Europe.
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Amazon sales lift but profit curbed by spending

Amazon.com, reported a drop in profit for the first quarter as its investment in new businesses ate into earnings, but the online retailer's revenue forecast beat Wall Street expectations.
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Congress deepens Apple location tracking probe

Lawmakers extended their probe into location tracking on mobile devices this week, asking Apple Inc and other developers to divulge how they use location data and scheduling a separate hearing on mobile privacy.

Oracle CFO Quits, No Reason Given

Oracle Corporation announced that its president, Safra Catz will be taking over as chief financial officer in the wake of CFO Jeff Epstein's departure.
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Is Europe ready to put its data in the clouds?

The American computer scientist John McCarthy -- who coined the phrase artificial intelligence -- predicted in 1961 that computing power may someday become a public utility, much like electricity or water.

Iran Says It Is Hit By Cyber Attack Again

The Iranian government has not issued any details about kind of damage the Stars virus did. While Jalali did not accuse the U.S. or Israel directly, he did refer to attacks from the U.S. and Israel on Iranian web sites and Internet infrastructure.

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