Best Buy on Monday announced that former Carlson boss Hubert Joly will take over as chief executive officer beginning next month. The retail giant’s former CEO, Brian Dunn, stepped down without warning this past April after the big-box retailer hit a rough patch and said during its fourth-quarter earnings call that it would shutter 50 Continue Reading →
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McDonald’s is testing a new payments system in which customers use the fast food chain’s mobile app to order and pay for meals. PayPal, eBay’s mobile payments platform, would power the transactions. Customers using the PayPal method at the 30 participating McDonald’s locations in France would be put into a separate pick-up line while waiting Continue Reading →
Facebook has overtaken Yahoo as the Internet’s most popular site for viewing video last month, according to report from comScore. According to comScore, Facebook saw a bit more than 53 million unique viewers throughout July, compared to Yahoo’s less than 49 million. Google, thanks largely to YouTube, still enjoys a comfortable lead in the race Continue Reading →
Variety is reporting that a number of changes are coming to Hulu as part of a shakeup that could see CEO Jason Kilar leave the company. Hulu is owned by NBCUniversal, Fox, Disney, and Provident Equity, and according to a confidential memo detailed on the site, its owners are looking to take back control of Continue Reading →
Google and Oracle on Friday revealed their shill lists–statements identifying journalists, bloggers, and commentators who expressed an opinion about Oracle’s patent and copyright infringement claim against Google and received money for doing so–without actually revealing anything. Oracle sued Google over its use of Android last year, initially claiming as much as $6 billion in damages. Continue Reading →
Samsung Electronics Co.’s chief executive officer will talk with his counterpart at Apple Inc. to see whether they can resolve their smartphone patent dispute before a U.S. jury begins deliberating, according to a person familiar with the matter. The companies’ lawyers will report to U.S. District Judge Lucy Koh in federal court in San Jose, Continue Reading →
Last week Google acquired Frommer’s travel guide, which by any normal measure was a modest acquisition. The tech giant reportedly agreed to pay about $25 million, which hardly registers against the $38 billion Google earned last year in revenues or the $2 trillion size of the global travel industry. Read the full story at the Continue Reading →
Beyond the reach of police officers waiting to arrest him and with hundreds of supporters looking on, Julian Assange, the founder of WikiLeaks, took to the balcony of Ecuador’s embassy here on Sunday to condemn the United States government and cast himself as one of the world’s most persecuted whistle-blowers. Read the full story at Continue Reading →
The Curiosity rover successfully test fired a powerful laser at a nearby rock Sunday, blasting it with rapid-fire million-watt pulses that vaporized the outer layers for spectroscopic analytics. Read the full story at CNET Continue Reading →
AT&T won’t charge extra to use Apple’s FaceTime over cellular networks as previously reported, but there’s still a catch: Subscribers will need a new Mobile Share plan to use the video chat service on the network. Read the full story at PCWorld Continue Reading →