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News:
Apple in talks to launch online TV service: WSJ

Picture illustration shows Apple Inc's logo reflected in a person's eye, in central Bosnian town of Zenica(Reuters) - Apple Inc's much-hinted-at TV service may soon become a reality as the iPhone maker is in talks with programmers to offer a slimmed-down bundle of TV networks this fall, the Wall Street Journal reported, citing people familiar with the matter. The service would have about 25 channels, anchored by broadcasters such as ABC, CBS and Fox, and be available across all devices powered by Apple's iOS operating system, including iPhones, iPads and Apple TV set-top boxes, the newspaper said. Apple has been talking to Walt Disney Co, CBS Corp, and Twenty-First Century Fox Inc and other media companies to offer a "skinny" bundle with well-known channels like CBS, ESPN and FX, leaving out the many smaller networks in the standard cable TV package, the Journal said. Apple, which is aiming to price the new service at about $30 to $40 a month, plans to announce the service in June and launch it in September, the newspaper said.




eBay, Sotheby's launch new online auctions platform

An eBay sign is seen at an office building in San Jose, CaliforniaBy Patricia Reaney NEW YORK (Reuters) - Going, going, gone! Sold to the highest bidder at the auction, on the phone or on a new eBay platform that will stream Sotheby's New York auctions live beginning next month. The new live auctions platform - ebay.com/sothebys - that launches on Tuesday pairs Sotheby's 270 years of experience selling art and antiques with eBay's digital expertise and 155 million active users worldwide to meet the demand for online bidding. "What this partnership is about is leveraging eBay's audience and ability to target that audience and find clients that have the means to participate in a Sotheby's auction," Josh Pullan, senior vice president, director of e-commerce at Sotheby's, said. The majority of online sales, it added, was in the $1,000 to $50,000 range.




Pinterest's latest funding round values it at $11 billion: WSJ

A portrait of the Pinterest logo in Ventura(Reuters) - Photo-sharing application company Pinterest has raised $367 million in its latest round of funding, according to a filing with the Securities and Exchange Commission on Monday.




U.S. jury clears Apple of infringing wireless tech patents

Customers crowd for the opening of an Apple Store in HangzhouBy Andrew Chung NEW YORK (Reuters) - A federal jury in Texas on Monday said Apple Inc did not infringe five wireless technology patents owned by Canadian patent licensing firm Conversant Intellectual Property Management Inc [GEGGIM.UL] . Core Wireless Licensing Sarl, a subsidiary of Ottawa-based Conversant, sued Apple in 2012 in a federal court in Tyler, Texas, alleging the iPhone maker used its patents on wireless data transmission in its iPhones and iPads without permission. The company, whose patents were originally held by Nokia Corp, was seeking $100 million in damages at trial. It said it was entitled to a portion of Apple's device sales, and of similar, future devices.




Rand Paul woos donors and hackers at tech conference

Senator Rand Paul of Kentucky speaks at the Conservative Political Action Conference at National Harbor in MarylandThe libertarian-leaning Kentucky Senator tweeted, Snapchatted and Instagrammed his way through the South by Southwest Interactive conference as he sought to make inroads among an independent-minded crowd that could serve as an important source of money, votes and programming talent for his expected presidential bid. It was the first time a potential candidate has participated in the conference, according to organizers. Paul spent much of the weekend talking about the shared DNA of the tech community and the libertarian movement, but he spent little time talking about net neutrality, the thorny question of how to ensure that all Internet traffic is treated equally. While many tech companies back recently approved rules that broadband providers such as Verizon and Comcast should be regulated like utilities, Paul and other Republicans have argued that the new regulations will choke off innovation.




Uber CFO Brent Callinicos steps down

An illustration picture shows the logo of car-sharing service app Uber on a smartphone next to the picture of an official German taxi signUber Technologies Inc's Chief Financial Officer Brent Callinicos is stepping down, the online taxi service's CEO said in an email to investors. The company has not named a replacement to Callinicos, but Gautam Gupta, "Brent's right hand on Strategic Finance" will be the acting head of the finance division, Chief Executive Travis Kalanick said in the email seen by Reuters. Callinicos, a former Google Inc executive, will be an advisor to Uber. "Brent has done a wonderful job here at Uber but has decided that it is time for his next journey, one where his wife and daughter take the front seat," Kalanick wrote in the email.




24-year-old NFL player retires over concussion risks

24-year-old NFL player retires over concussion risksOne of the NFL's most promising young players has announced that he is quitting professional football today, blaming the risk of concussion and serious brain injury on his decision to walk away from the sport. Chris Borland, linebacker for the San Francisco 49ers, told ESPN that he was retiring because he wanted to do what was best for his health, and didn't think football was "worth the risk." By leaving the league at only 24 years old, after a stellar rookie season, Borland rapidly becomes one of the most damning examples of the NFL's ongoing concussion crisis. The linebacker began to have doubts about his long-term career as a professional football player in his very first NFL training camp, during which he received a suspected concussion on a running play but decided to play through it in a bid to make the team.




Folding electric bike talks to all your other smart devices

Folding electric bike talks to all your other smart devices




South Korea to invest $300m in biotech

South Korea to invest $300m in biotechSouth Korea plans to invest $300 million this year in biotech, with the aim to become the producer of at least five global products by 2017.




Mobile is driving DevOps

Mobile is driving DevOpsMobile, perhaps more than anything else, pushes enterprises to dump traditional IT practices for DevOps, says Forrester.




 
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