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The exterior of a RadioShack store is seen in New YorkRadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale. RadioShack, which filed for bankruptcy last month, told a U.S. Bankruptcy judge it had selected the Standard General hedge fund as the winning bidder in the private four-day auction, which ended just before Thursday's hearing. While RadioShack's attorney told the court the deal saved 7,500 jobs and was $23 million more than a bid by liquidators, the deal provided little cash. An attorney for Salus Capital Partners, which is owed $150 million and is RadioShack's largest creditor, blasted the auction process and called for the auction to be reopened.

Ellen Pao leaves court as her sexual bias trial against fomer employer Kleiner Perkins Caufield & Byerr continues in San FranciscoFor the past month, the name most associated with venture capital firm Kleiner Perkins Caufield & Byers is former partner Ellen Pao, who took the firm to trial for gender discrimination and retaliation. Now the company is searching for new names, at a more intense level than is typical in venture capital, leaders who will take over the firm in coming years as current partners retire. “You can imagine that over the next 18-24 months we’ll be adding people to the firm,” said Mike Abbott, 42, one of the newest Kleiner partners, and himself a contender to one day take over the mantle of the firm from its current de facto leader, 63-year-old John Doerr. Once the dominant force in venture capital, backing Google and Amazon, Kleiner has delivered a more mixed record in the past several years.

Apple CEO Tim Cook shows the new MacBook during an Apple event in San FranciscoFortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million fortune to charity - after paying for his 10-year-old nephew's college education. "You want to be the pebble in the pond that creates the ripples for change," Cook told the magazine. Fortune estimated Cook's net worth, based on his holdings of Apple stock, at about $120 million. The 54-year-old CEO's revelation in Fortune's lengthy profile of him is an example of the increasingly public philanthropy of the world's richest people.

A photo illustration shows a Chinese-made portable dvd player, which North Koreans call "Notel", in SeoulBy James Pearson SEOUL (Reuters) - A $50 portable media player is providing many North Koreans a window to the outside world despite the government's efforts to keep its people isolated - a symbol of change in one of the world's most repressed societies. By some estimates, up to half of all urban North Korean households have an easily concealed "notel", a small portable media player used to watch DVDs or content stored on USB sticks that can be easily smuggled into the country and passed hand to hand. People are exchanging South Korean soaps, pop music, Hollywood films and news programs, all of which are expressly prohibited by the Pyongyang regime, according to North Korean defectors, activists and recent visitors to the isolated country. "The North Korean government takes their national ideology extremely seriously, so the spread of all this media that competes with their propaganda is a big and growing problem for them," said Sokeel Park of Liberty in North Korea (LiNK), an organization that works with defectors.

The GameStop store sign is seen at its shop in WestminsterGameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions. Shares of the world's largest retailer of video game products, which also reported a quarterly profit that missed estimates, fell 6 percent in after-market trading on Thursday. Demand for Microsoft Corp's Xbox One and Sony Corp's PlayStation 4 consoles have also cooled off since the holiday shopping season. "It just feels like things are going to be a little bit softer than what the initial model had projected." The eighth-generation video game consoles followed PlayStation 3 and Xbox 360.

A picture illustration shows a Facebook logo reflected in a person's eye, in ZenicaBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled some investors and analysts. Facebook executives made the case on Thursday, at its annual developer conference in San Francisco, that initiatives such as its $2 billion purchase of virtual reality headset maker Oculus last year, and the hiring of aerospace experts make sense for the 1.4-billion member social network. While virtual reality headsets such as the Oculus Rift suggest video games and entertainment, the gadgets could transform how people communicate on Facebook, they said.

Nokia keeps Vodafone Australia's network management contractDespite a rocky relationship over the last five years, Vodafone has reappointed Nokia Networks to manage the company's network services.

Tasmanian Audit Office reveals 'excessive' online attack risksThe Tasmanian Audit Office has revealed that all five of the state government departments audited for a new report released this week were at excessive risk from online attacks.

  Thu, 26 Mar 2015 22:44:00 -0400

​Second CBA IT exec charged for corruptionA 44-year-old man has been charged with seven counts of corruptly receiving payments from a US-based IT company totalling almost AU$1.9 million.

Police stations are becoming common Craigslist meetup locations

​Patent group raises new fees -- and uncertainty -- for 4K videoHigh-resolution video could arrive later and cost more because of a surprise royalty demand for video compression technology called HEVC.

  Thu, 26 Mar 2015 21:24:00 -0400

Xbox One is finally getting voice messages

  Thu, 26 Mar 2015 21:22:00 -0400

Optus rapped for three privacy breachesThe Australian privacy commissioner has accepted an enforceable undertaking from Optus after investigating three separate privacy breaches at the telco.

Personal information gathered by RadioShack Corp from shoppers is not included in its sale, the consumer privacy ombudsman in the electronics retailer's bankruptcy case said in response to concerns shared by several states that the data could be sold. Her letter came as Oregon and Pennsylvania on Wednesday joined Texas and Tennessee in objecting to RadioShack selling names, email addresses and other personal information gathered from shoppers. Personally identifiable information of 117 million consumers could be made available in RadioShack's proposed sale, Oregon Attorney General Ellen Rosenblum said in a filing that urged stripping out information such as telephone numbers and mailing addresses from assets. Texas Attorney General Ken Paxton last week objected to the sale of personally identifiable information and requested RadioShack's buyer be required to set a separate price for it.
Ikea isn’t only using its furniture building know-how to create some interesting pieces for your home, but it’s also working on projects that could be a lot more useful for people who find themselves in need of emergency shelters. Such is the case of the Better Shelter modular home for refugees that can offer better shelter than the usual tents you see on TV whenever reports about refugees are aired. FROM EARLIER: A top designer left Apple to build Apple Watch’s first real competitor: Olio Model One The Ikea Foundation worked with the UN on the modular system’s design, and Gizmodo reports that 10,000 Better Shelters have already been ordered after being tested by displaced families in Iraq and Ethiopia.

4G sales boost ZTE 2014 full-year net profit by 94 percentZTE has said that its 4G solutions, including its Cloud Radio, QCel, and UBR, drove the company's net profit to 2.63 billion yuan for the 2014 financial year.

Lyft gets all social with personalized 'profiles'The ride-hailing service will soon let passengers and drivers share more about themselves, such as their hometown and music tastes.

Empired scopes hybrid cloud ECMS for Australian marketAn enterprise content management system developed by Empired's New Zealand subsidiary, Intergen, will likely be offered on Azure.

Google reportedly turning Web game into TV showThe search giant is reportedly adapting its popular mobile game Ingress for television. But don't expect Google to develop more TV shows.

Apple and Foxconn launch China iPhone trade-in programFoxconn Technology Group will reportedly buy and resell Apple's smartphones as part of a new trade-in program in China.

Great, now 3D printed rifles can fire 7.62mm NATO rounds

Crave Ep. 197: Imperial Star Destroyer joins growing fleet of 'Star Wars' dronesA creator of "Star Wars"-themed drones shows off his latest work, a replica of an Imperial Star Destroyer. And it looks awesome.

Inklet uses Apple's new trackpad to turn MacBooks into drawing tabletsApple's new MacBooks, announced earlier this month, have been upgraded with force-sensitive trackpads. Using the awkwardly named "Force Touch" technology, the pads can tell how hard you are pressing, allowing Apple to replace the old three-finger tap with a new powerfully pressed "Force Click." But the new tech doesn't just let Apple offer more menu options — other app developers can use the increased fidelity of the new trackpads too. Drawing app Inklet becomes the first piece of third-party software to make use of the new technology. Users can highlight the section of the image they want to work on in a shape that corresponds to the trackpad itself. Inklet also works with any program that accepts pen input, running in the background as you manipulate images in programs such as Photoshop or Lightroom, and uses trackpad's technology to reject accidental inputs, stopping you from erasing your pretty pictures by clumsily swiping a palm across the pad.

China is slowly becoming Apple’s main iPhone market and Apple has a new initiative in place to help it sell more iPhones while simultaneously increasing market share in the highly competitive market. Instead of cutting prices on top devices or worrying about launching cheaper devices, Apple plans to enlist Foxconn’s resources to sell used iPhones in the region, Bloomberg has found out. DON’T MISS: People’s biggest problem with the Galaxy S6 will be solved in an upcoming new version Apple will initiate a local trade-in program in China, similar to the one already available in the U.S., with Foxconn acting as the middle man. The Chinese manufacturing giant, which is also Apple’s largest supplier, will buy used iPhones directly from existing

Telstra joins Optus on government's cloud services panelAustralia's two largest telecommunications providers are now claiming membership to the government's cloud services panel, with Telstra joining Optus on the list this week.

Telstra begins preparing for data-retention regimeFollowing Labor and the government teaming up to pass mandatory data-retention legislation in the Senate on Thursday night, Telstra has announced plans to store the encrypted data in Australia.

Game of Thrones is without a doubt one of the best series currently on TV, and with season 5 upon us fans are probably wondering what characters will be killed off next. While we have no idea what happens this season with some of our favorite Game of Thrones heroes, we now know that at least one of them will not die this season, thanks to Popsugar’s interviews with the stars of HBO’s hit series. Spoiler alert: do not proceed if you don’t to know who it is. DON’T MISS: A top designer left Apple to build Apple Watch’s first real competitor: Olio Model One Peter Dinklage, who plays fan favorite Tyrion Lannister on the show, accidentally revealed on camera that he won’t

Facebook CEO Mark Zuckerberg speaks at the F8 summit in San Francisco, California, on March 25, 2015Facebook co-founder Mark Zuckerberg on Thursday proclaimed the successful test of a wide-winged, solar-powered drone built to deliver wireless internet service to remote spots. "Aircraft like these will help connect the whole world because they can affordably serve the 10 percent of the world's population that live in remote communities without existing Internet infrastructure," Zuckerberg said in a post on his Facebook timeline. The unpiloted aerial vehicle, or drone, has a wingspan greater than that of a Boeing 737 passenger jet and weighs about as much as a small car, Facebook chief technology officer Mike Schroepfer told a packed audience at the social network's annual gathering of developers in San Francisco.

Apple's Tim Cook plans to donate his wealth to charityJoining the ranks of big donors like Microsoft co-founder Bill Gates and Facebook CEO Mark Zuckerberg, the Apple CEO says he intends to become a major philanthropist.

Anyone who’s ever wanted to be a TV news broadcaster can fulfill their dreams with an awesome new iPhone app from Twitter. Called Periscope, the new app lets you stream live video broadcasts over your iPhone so people can watch what you’re watching in real time. FROM EARLIER: You’ll never guess whose job it is to make sure Apple’s streaming music service doesn’t suck This app is particularly useful since it’s integrated with Twitter, which is already a go-to platform for delivering live news as it happens. Sharing your broadcasts over Twitter is as easy as clicking a small bird icon on the screen, which will send out a link to your live broadcast right to your Twitter feed. You can also archive your

Nigerian men check their text messages on their mobile phone

  Thu, 26 Mar 2015 18:51:00 -0400

10 web-based tools to maximize productivityFrom project management to collaboration to accounting, the apps on this list will save you time and money.

Microsoft nabs a Web win, in a tiff over touchscreens and miceResponding to pressure from programmers, Google has warmed up to a Microsoft technology that lets mice and touchscreens get along on the Web -- a technology Apple rejected.

Yahoo updates transparency report; promises to scale new email encryption by end of yearOn the financial side of the spectrum, Yahoo's board also approved a new multi-billion stock buyback program.

SAN FRANCISCO (AP) — Google just found out that luring a top executive from Wall Street to Silicon Valley is expensive.

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