Why does Google build apps for its rival Apple's iPhone?

Why help a key competitor? Two words: Advertising and dataThere isn't any other way to say it: Apple and Google really don't like each other. Apple CEO Steve Jobs vowed to destroy the Google geniuses behind the Android operating system for allegedly stealing the basic mechanics of the iPhone. Apple and Google-partner Samsung are constantly at one another's throats over patents. And most recently new...

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Samsung Smart TVs: The next frontier for data theft and hacking [video]

Smart TVs, particularly Samsung’s (005930) last few generations of flat screens, can be hacked to give attackers remote access according to a security startup called ReVuln. The company says it discovered a “zero-day exploit” that hackers could potentially use to perform malicious activities that range from stealing accounts linked through apps to using built-in webcams and microphones to spy on...

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Huge Wave of Google App Updates Hits iOS, Android

Google just brought iPhone and Android phone users a holiday gift. Google Maps has returned to the iPhone, this time in the form of its own separate app, while Google Currents -- the company's Flipboard-style online magazine app for Android -- received a substantial update as well.Besides the two big updates, about a half-dozen other apps for Android and Google TV received bug fixes and new features,...

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Valve Confirms New Game Console on Its Way

In an interview with Kotaku's Jason Schreier at the Spike TV Video Game Awards, Valve co-founder Gabe Newell confirmed that a "living-room-friendly PC package," designed to "compete with next-gen consoles from companies like Microsoft and Sony," will be available for purchase starting next year.What makes a PC a PCMost of the machines Newell described, which he expected "companies" would "start selling"...

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$35 Raspberry Pi computer gets its own app store

DIY developers adore the $35 Raspberry Pi and huge communities have enabled the Linux-powered computer to do cool things like emulate Super Nintendo games and run Android 4.0 Ice Cream Sandwich. What’s next for the cheap computer? The Raspberry Pi Foundation announced it’s launching the “Pi Store” – an app store created in partnership with IndieCity and Velocix. Anyone will be able to download and...

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What's on the table now in 'fiscal cliff' talks

An update on the latest offers on the table in negotiations to avert a year-end avalanche of federal tax increases and spending cuts known as the "fiscal cliff":___INCOME TAXESHouse Speaker John Boehner would allow income tax rates to rise for people making more than $1 million per year and would hold rates where they are for everyone making less. The top rate on income exceeding $1 million would...

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Swiss lender ZKB says three charged by U.S. authorities

Swiss lender Zuercher Kantonalbank (ZKB) said two of its bankers and one former employee had been charged by U.S. authorities, which had accused them of helping U.S. clients avoid taxes.The three were indicted over changes of conspiring with American clients to hide more than $420 million from the U.S. Internal Revenue Service, the U.S. Attorney's Office in Manhattan had said on Wednesday.The indictment...

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Existing home sales rise to fastest pace in three years

WASHINGTON (Reuters) - Home resales rose sharply in November to their fastest pace in three years, a sign the recovery in the housing market is gaining steam.The National Association of Realtors said on Thursday that existing home sales climbed 5.9 percent last month to a seasonally adjusted annual rate of 5.04 million units.That was the fastest since November 2009, when a federal tax credit for home...

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New York City should hike taxes on big business-comptroller

(Reuters) - New York City's top financial officer and possible contender for mayor in 2013, John Liu, proposed on Thursday tax hikes for big businesses and an end to Madison Square Garden's $15 million annual property tax exemption.The proposals by New York City Comptroller John Liu include tax hikes on private equity firms, which would help offset his plan for $500 million in tax breaks and lowered...

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Republicans push own "fiscal cliff" plan; talks frozen

WASHINGTON (Reuters) - Republicans in the Congress pushed ahead on Thursday with a "fiscal cliff" plan that stands no chance of becoming law as time runs short to reach a deal with President Barack Obama to avert a Washington-induced economic recession.House of Representatives Speaker John Boehner's "Plan B" to limit income-tax increases to the wealthiest sliver of the population appeared likely to...

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$35 Raspberry Pi computer gets its own app store

DIY developers adore the $35 Raspberry Pi and huge communities have enabled the Linux-powered computer to do cool things like emulate Super Nintendo games and run Android 4.0 Ice Cream Sandwich. What’s next for the cheap computer? The Raspberry Pi Foundation announced it’s launching the “Pi Store” – an app store created in partnership with IndieCity and Velocix. Anyone will be able to download and...

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Is the Christmas card dead?

Author Nina Burleigh says the holiday photo is dead — and the internet killed itEvery year around the holidays, countless Americans sit down at their dining room tables to thoughtfully scribble pen-and-paper updates about how they are and what they've been doing with their lives to a select number of friends. These messages are usually written on the back of a recent family photograph (sometimes with...

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Massive PC, Console Game Discounts Ring in Holiday Season

Black Friday, the day right after Thanksgiving, is normally the day associated with electronics sales. And while the proponents of "Cyber Monday" and "Small Business Saturday" have tried to get in on the action, it's still common knowledge that Thanksgiving weekend is the best time to upgrade your PC or console game arsenal. Right?Not according to online game retailers. Discounts of up to 80 percent...

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Red Hat shares up on acquisition and 3Q results

Red Hat Inc.'s shares jumped Friday on the software company's solid third-quarter results and plans to acquire cloud-based software company ManageIQ.THE SPARK: Red Hat said late Thursday that it would buy privately held ManageIQ for $104 million in cash.The Raleigh, N.C., company also reported that it earned 29 cents per share for its fiscal third quarter on an adjusted basis, up a penny from the...

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Dozens of Android Games, Apps Discounted for Google Holiday Sale

The Google Play store -- that's the name of the Android "app store," or the "Android Market" for those of you new to the change -- is featuring dozens of game and app sales for Android smartphones and tablets. Well, actually, it's not; you can see some of the discounted apps on the front page, but there's no special section of the website or on-device market that says where the ones on sale are, or...

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US fixed mortgage rates fall to new record lows

 Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market.Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan dropped to 3.62 percent. That's down from 3.66 percent last week and the lowest since long-term mortgages began in the 1950s.The average rate on the 15-year mortgage,...

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W.Va. teachers to attend 'Finance University'

 West Virginia University's business school is teaming up with the state auditor's office and a nonprofit economic literacy group called the West Virginia Jump$start Coalition to present a conference for educators to learn personal finance — and how to teach it to their students.This year's Finance University is the 10th annual event for middle- and high-school teachers. It will be held Monday...

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Average on 30-year US mortgage stays at 3.55 pct.

The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record. Low mortgage rates have aided a modest housing recovery.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan was unchanged at 3.55 percent. In July, the rate fell to 3.49 percent, the lowest since long-term mortgages began in the 1950s.The average on the 15-year...

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Ahead of the Bell: Weekly mortgage rates

Loan buyer Freddie Mac reports Thursday on whether mortgage rates are continuing to hold near recent low rates.Last week the average rate on the 30-year fixed mortgage held steady at 3.55 percent, slightly above the record low of 3.49 percent that was reached in July. Meanwhile, the average rate on the 15-year fixed mortgage, a popular refinancing option, dipped to 2.85 percent from 2.86 percent.Cheap...

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Rate on 30-year mortgage hits record low 3.40 pct.

Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan dropped to 3.40 percent. That's down from last week's rate of 3.49 percent, which was the lowest since long-term mortgages began in the 1950s.The average...

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