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EBay follows Icahn's advice, plans PayPal spinoff in 2015

An eBay sign is seen at an office building in San Jose, CaliforniaBy Supantha Mukherjee (Reuters) - EBay Inc said it would spin off PayPal, its fast-growing payments business, into a publicly traded company in the second half of 2015, marking an about-face for the company. The news of the tax-free spinoff to shareholders sent eBay's shares up 10 percent to $58.15 in premarket trading. EBay Chief Executive John Donahoe had previously resisted demands by activist investor Carl Icahn to hive off the service, saying PayPal was integral to eBay's business, and vice versa. Icahn, eBay's sixth-largest shareholder with a 2. ...


EU says Ireland tax deal with Apple was state aid

Apple Operations International, a subsidiary of Apple Inc, is seen in Hollyhill, Cork, in the south of IrelandBy Julia Fioretti and Tom Bergin BRUSSELS/LONDON (Reuters) - The European Union has accused Ireland of giving Apple Inc. state aid by letting the iPhone maker shelter profits worth tens of billions of dollars from tax, in return for maintaining jobs. European Competition Commissioner Joaquin Almunia told the Dublin government in a letter published on Tuesday that tax deals agreed in 1991 and 2007 appeared to amount to state aid that may have broken EU laws. ...


China OKs iPhone 6 sale after Apple addresses security concerns

A customer holds an iPhone 6 and iPhone 6 Plus after the phones went on sale at the Fifth Avenue Apple store in Manhattan, New YorkBy Paul Carsten BEIJING (Reuters) - The iPhone 6 will be sold in China from Oct 17, after rigorous regulator scrutiny led to Apple Inc reassuring the Chinese government that the smartphones did not have security "backdoors" through which U.S. agencies can access users' data. Apple won approval to sell the phones after also addressing risks of personal information leaks related to the operating system's diagnostic tools, China's Ministry of Industry and Information Technology (MIIT) said on its website on Tuesday. ...


Google searches for right note in online music business

A man stands in front of a Google logo in Hong KongBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc is planning new and revamped streaming-music services in coming weeks, searching for a way to stand out in an increasingly crowded field of rivals from Apple Inc and Amazon.com Inc to Spotify. Nailing music is one way for Google to raise chances of continued success as people spend more time on mobile devices. Google's YouTube service has become a low-profile titan in streaming through the popularity of music videos. Currently, videos must be chosen one track at a time. ...


Alibaba leads global equity capital markets treasure hunt

The Chinese and U.S. flags fly over signs of Alibaba Group Holding Ltd hung on the facade in front of the New York Stock Exchange before the company's initial public offering (IPO) under the ticker "BABA" in New YorkBy Freya Berry and Elzio Barreto LONDON/HONG KONG (Reuters) - Global equity capital markets returned with a vengeance in 2014 as bankers, investors and companies led a charge that culminated spectacularly in Alibaba, the biggest share listing ever. Worldwide equity capital market (ECM) deals, from flotations to rights issues, totalled $678.1 billion in the first nine months of 2014, a quarter more than the same period of 2013 and the highest since 2007, according to Thomson Reuters data. ...


Launching marketplace, eBay aims to drive consolidation in Russia

An eBay sign is seen at an office building in San Jose, CaliforniaBy Anastasia Teterevleva MOSCOW (Reuters) - Internet auction site eBay intends to drive a wave of consolidation in Russia's e-commerce market over the next couple of years, persuading smaller companies to get on board as the economy weakens. Launching a marketplace for Russian merchants, eBay Vice President Wendy Jones said growth in e-commerce would probably only reach half of earlier predictions for around 20 percent after a "softening" in consumer spending. ...


This might be our best look yet at Google’s next Nexus smartphone

This might be our best look yet at Google’s next Nexus smartphoneFollowing the many rumors detailing the 5.9-inch Motorola Nexus 6 (also known as the Nexus X or its codename, “Shamu”) smartphone, Android Police managed to confirm the existence of the handset, and many of its characteristics, providing more details about the device in the process, including a mockup image supposedly based on the phone’s design (available below). FROM EARLIER: Leaked pic may show us just how massive the Nexus 6 will really be According to the publication, the Shamu will be called Nexus 6 – not Nexus X as the more recent rumors suggested – and will run Android 5.0 L out of the box. Android Police is apparently able to confirm that with Android L, Google is moving to Android 5.0,


Zero Motorcycles' new e-bikes can last 185 miles on a single charge

Zero Motorcycles' new e-bikes can last 185 miles on a single charge


Get a combination Bluetooth speaker, FM radio, and mobile charger for $34.99

AccessoryGenieThis compact jack-of-all-trades also functions as a speakerphone and a receiver for non-Bluetooth devices like headphones and stereos.>


iOS 8.1 beta points to support for Apple Pay

With the newly announced Apple Pay, iOS users can carry out purchases using the new iPhone and TouchID.A hidden screen in the beta for Apple Pay reveals a pane where you can enter your credit or debit card information.>


The Windows 9 upgrade might not be as free as initially believed

The Windows 9 upgrade might not be as free as initially believedAfter a report last week revealed the President of Microsoft Indonesia confirmed that the Windows 8 to Windows 9 upgrade will be available free download, Myce has discovered that not all current Windows 8 users may be entitled to a free Windows 9 update. Well-known Russian leaker WZOR, the source of various Windows 9 leaks in the past, says that just those customers who have purchased a Windows 8 (or Windows 8.1) copy will qualify for free upgrades. Users who have purchased a computer with Windows 8 preinstalled (OEM version of the software) will have to pay a fee. FROM EARLIER: Confirmed: Windows 9 to be a free upgrade for Windows 8 users The same source revealed that Windows 7 users


Samsung switches to Microsoft Word following visit by Satya Nadella

Samsung switches to Microsoft Word following visit by Satya NadellaAfter 20 years of using its own office software, Samsung has finally given in and decided to adopt Microsoft's ubiquitous Word. From January 1st, Samsung Electronics will start using Word throughout its offices, citing its almost universal compatibility as the reason to switch away from the in-house JungUm Global software. This change comes a week after a meeting in Korea between Microsoft CEO Satya Nadella and Samsung Vice Chairman Lee Jae-Yong.


eBay, PayPal to split into separate companies in 2015

eBay, PayPal to split into separate companies in 2015The separation, brought up by activist investor Carl Icahn in January, will include new management teams for both businesses.>


Meet Matchstick, Mozilla's $25 Chromecast alternative

Meet Matchstick, Mozilla's $25 Chromecast alternativeIs the world big enough for another streaming Internet dongle? Mozilla and Matchstick sure hope so, as they announce the first Firefox OS device that's not a smartphone.>


No black art to the Blackphone's quest for smartphone privacy

The Blackphone is a mid-tier Android-powered smartphone in terms of hardware, but it comes with nine services designed to protect your privacy.While Blackphone sales are off to a lukewarm start, our hands-on with the privacy-obsessed smartphone finds that it simplifies staying secure on the go.>


TiVo's Android app now supports streaming

TiVo's Android app now supports streaming


Feds charge exec with making app for stalkers, domestic abusers

A man looks at a computer screen at a Samsung showroom in Seoul on July 31, 2014. Samsung Electronics reported a near 20 percent decline in second quarter net profit, blaming increased competition from cheap Chinese devices in the key smartphone sector and a surging Korean won. AFP PHOTO / Ed Jones (Photo credit should read ED JONES/AFP/Getty Images)StealthGenie intercepted communications to and from mobile phones and was undetectable by most users. It was targeted at people who suspected their spouses or significant others of cheating on them.>


Apple responds to allegations that it owes billions in unpaid taxes

Apple faces a record fine in Europe over alleged illegal tax-dodging practicesYin and Yang are in full force at Apple right now, where its most massively successful product launch ever has been counterbalanced by an onslaught of scandals and bad news. First, there was iPhone 6 Plus “Bendgate.” Then, Apple bricked about 40,000 new iPhone 6 and iPhone 6 Plus handsets with a buggy iOS 8.0.1 update. Earlier this week, a few big security flaws were found in iOS 8.0.2, and now Apple is in hot water over what the European Commission (EC) claims amounts to about $8 billion in unpaid taxes. Now, Apple has responded publicly for the first time to the EC’s allegations. According to preliminary finding detailed in a report released Tuesday morning by the EC, tax agreements struck in


The Fault In Our Email

The Fault In Our EmailConventional workplace wisdom declares email a daily scourge. We receive too much of it. We spend too much time replying to it. We concoct elaborate strategies to cope with it and avoid incurring a debt that downward-spirals to email bankruptcy.We bow down at the altar of Inbox Zero, the methodology that dictates we take prompt, concrete action...


Microsoft needs your help to predict the future accurately

Microsoft needs your help to predict the future accurately


The Apple Watch makes a surprising first public appearance

The Apple Watch makes a surprising first public appearanceApple’s first smartwatch won’t hit store shelves until sometime early next year but in something of an uncharacteristic move for Apple, the device is making its first public appearance on Tuesday. For one day only in celebration of Paris Fashion Week, multiple Apple Watch models making appearances at a well-known shop in Paris, France. Several Apple Watch models in both the 38mm and 42mm sizes are currently on display at a Parisian boutique called Colette, where the watches can be seen by passers-by in special displays in the front windows. Included in the one-day-only displays are models from the entry-level Apple Watch Sport Collection, the mid-range Apple Watch Collection and an 18-karat gold model from the Apple Watch Edition Collection. A few photos showing


Spotify comes to Canada for free tunes, or ad-free for a few toonies

GLASTONBURY, ENGLAND - JUNE 27: Win Butler of Arcade Fire performs as the band headline the Pyramid Stage on Day 1 of the Glastonbury Festival at Worthy Farm on June 27, 2014 in Glastonbury, England. (Photo by Samir Hussein/Redferns via Getty Images)Canadian music fans can now enjoy the popular music streaming service on their phones, tablets and PCs.>


eBay and PayPal will part ways in 2015

eBay and PayPal will part ways in 2015


eBay and PayPal are splitting up

eBay and PayPal are splitting upCiting a "rapidly changing global commerce and payments landscape," eBay has just announced plans to separate its business into two distinct and independent companies: eBay and PayPal. Spinning off PayPal is seen as a way to refocus both companies on the "enormous opportunities" before them and to ensure that they move to grasp them as quickly as possible. Current eBay Marketplaces chief Devin Wenig will become the new eBay Inc. CEO when the restructuring is completed in the latter half of next year, while American Express executive Dan Schulman has been recruited to helm the new PayPal.


Edinburgh becomes the first UK airport to openly trial Google Glass

Edinburgh becomes the first UK airport to openly trial Google Glass


EBay to split PayPal business off into separate company next year
SAN JOSE, Calif. (AP) — EBay to split PayPal business off into separate company next year.
Basis' new fitness tracker actually looks like something you'd want to wear all day and night

Basis' new fitness tracker actually looks like something you'd want to wear all day and nightBasis' B1 fitness tracker is one of the most advanced wearables you can buy: it can count your steps, measure your heart rate, read your sweat level, and even track your different levels of sleep. But while it offers an impressive array of sensors and data crunching capabilities, the B1 isn't exactly a sleek or attractive device. Intel-owned Basis isn't oblivious to this and its new Basis Peak fitness tracker takes a major step forward towards being something you'd actually want to wear on your wrist all day and night.


Patent holders cut streaming fees for next-gen video tech

Samsung NX1 launchHEVC, a new standard for compressing 4K video, will be cheaper for many companies to use than its industry-dominating predecessor. Maybe Google's competition helped.>


The iPhone 6 is ready for its biggest challenge yet

The iPhone 6 is ready for its biggest challenge yetApple on Tuesday confirmed what various reports suggested in preceding days, launching its biggest iPhones yet in the biggest smartphone market in the world. The iPhone 6 and iPhone 6 Plus will start selling in China on October 17, both in local Apple retail stores and from the country’s main mobile operators. Just like in other markets, buyers will be able to preorder their chosen iPhone 6 model a week in advanced (on October 10), and reserve the device for in-store pick-up beginning with October 14. FROM EARLIER: The next big step for Apple’s iPhone 6 Apple’s iPhone 6 launch was a complete success for the company even it wasn’t able to launch the handsets in China during the first


With iPhone 6 approved in China, Apple suppliers ready for demand
By J.R. Wu and Michael Gold TAIPEI (Reuters) - With the launch of Apple's eagerly anticipated iPhone 6 finally on the horizon for Chinese fans, the U.S. company's supply chain is geared up and ready to deal with any surge in demand from the world's largest smartphone market. The iPhone 6 and 6 Plus are slated for an Oct. 17 release on all three of China's wireless carriers, Apple said on Tuesday. The company fixed the date after addressing software security concerns raised by regulators, which delayed the launch in China beyond the Sept 19 of several other countries. ...
Samung Gear VR demo units start showing up in Best Buy

Samung Gear VR demo units start showing up in Best Buy


Apple to launch iPhone 6 in China from October 17

Apple store in Beijing, China, pictured on April 2, 2013Apple said Tuesday it will begin selling its latest iPhones in China from October 17 after the Chinese regulator pressed the US giant to improve personal data security to gain approval.


Wii U now has folders to help organize your massive game collection

Wii U now has folders to help organize your massive game collection


China approves iPhone 6 after security assurances

In this Sept. 5, 2014 photo, a Chinese woman holds an iPhone walks past an Apple store in Beijing, China. China's phone regulator said Tuesday, Sept. 30, it has approved Apple Inc.'s iPhone 6 for use on Chinese networks after the company promised never to allow other governments access to users' information. Apple said sales start on Oct. 17. (AP Photo/Andy Wong)BEIJING (AP) — China's phone regulator said Tuesday it has approved Apple Inc.'s iPhone 6 for use on Chinese networks after the company promised never to install "backdoors" to give other governments access to users' information. Apple said sales start Oct. 17.


The Apple Watch makes a fashionably late debut

Apple Watch on display in ParisApple's first smartwatch is coming to Paris as part of Fashion Week and for one day only will be on display at the Colette concept store.


Wildlife populations have been cut in half since 1970, WWF says

Wildlife populations have been cut in half since 1970, WWF saysThe world's wildlife populations have declined by more than 50 percent since 1970, according to a report published today by the World Wildlife Fund (WWF). In its biennial Living Planet Report, the WWF finds that the largest declines have occurred in tropical and low-income regions, where biodiversity has suffered due to increasing resource demands from high-income countries. "We're gradually destroying our planet’s ability to support our way of life," Carter Roberts, WWF president and CEO, said in a statement Tuesday.


EU says Apple's Irish tax deal is illegal

EU says Apple's Irish tax deal is illegal



Yahoo News - Latest News & Headlines
Hong Kong leader says Beijing won't back down

Wrapped in plastic to shield from pepper spray, a student protester stands behind a makeshift barrier blocking main streets in the central business district of Hong Kong, late Monday, Sept. 29, 2014. Pro-democracy protesters expanded their rallies throughout Hong Kong on Monday, defying calls to disperse in a major pushback against Beijing's decision to limit democratic reforms in the Asian financial hub. (AP Photo/Vincent Yu)Pro-democracy protesters set an Oct. 1 deadline for the government to meet their demands.


NFL player gets penalized after kneeling in Muslim prayer

Husain Abdullah of the Chiefs was flagged 15 yards after kneeling in the end zone in Muslim prayer after scoring a touchdown off an interception of Tom Brady.


Secret Service head faces questions on WH breach

FILE - In this Sept. 22, 2014, file photo, a Uniformed Secret Service police officer stands outside the White House in Washington. The intruder who climbed a fence made it farther inside the White House than the Secret Service has publicly acknowledged, the Washington Post and New York Times newspapers reported Monday, Sept. 29. The disclosures came on the eve of a congressional oversight hearing with the director of the embattled agency assigned to protect the president's life. (AP Photo/Evan Vucci, File)WASHINGTON (AP) — Most Washington scandals that end up on Capitol Hill tend to end the same way: with an apology.


New tremors raise concern at Japan's Mount Ontake
KISO, Japan (AP) — Increased seismic activity raised concern Tuesday about the possibility of another eruption at a Japanese volcano where 36 people were killed, forcing rescuers to suspend plans to try to recover at least two dozen bodies still near the summit.
Fence-jumper ran through much of main floor of White House

The White House is seen through layers of fencing, including the new temporary one which appeared yesterday, creating a wider bufferBy David Lawder WASHINGTON (Reuters) - The man who breached security at the White House this month raced through several rooms on the main floor, penetrating farther into the building than previously disclosed, a Republican congressman said on Monday. Representative Jason Chaffetz, who chairs a House subcommittee on national security oversight, told CNN an alarm box near the front entrance had been muted, leaving interior personnel unaware of the intrusion before the suspect burst through the open front door. ...


One person in custody after shooting at North Carolina high school
WINSTON-SALEM N.C. (Reuters) - One person was in custody after a shooting on Tuesday at a high school in Albemarle, North Carolina, according to police and local media reports. One person had been shot at Albemarle High School, and the school was on lockdown, NBC's Charlotte affiliate WCNC reported. A woman who answered the phone at the police department confirmed someone was in custody but had no other immediate details. Albemarle is about 40 miles northeast of Charlotte. (Reporting by Colleen Jenkins)
New York mayor de Blasio plans expansion of living wage: NYT

New York Mayor Bill de Blasio exits a subway train while on his way to a news conference in New York(Reuters) - New York Mayor Bill de Blasio plans to expand the city's living wage measure to include thousands of additional workers, as well as increase the amount workers are paid under the law, the New York Times reported on Monday. De Blasio will sign an executive order on Tuesday to make the change, which his administration estimated could extend coverage to 18,000 workers over the next five years, the newspaper said on its website. The living wage would go to $11.50 an hour from $10. ...


White House intruder got far past front door

FILE - In this Sept. 22, 2014, file photo, a Uniformed Secret Service police officer stands outside the White House in Washington. The intruder who climbed a fence made it farther inside the White House than the Secret Service has publicly acknowledged, the Washington Post and New York Times newspapers reported Monday, Sept. 29. The disclosures came on the eve of a congressional oversight hearing with the director of the embattled agency assigned to protect the president's life. (AP Photo/Evan Vucci, File)New disclosures by the Secret Service came on the eve of a congressional oversight hearing with the agency's director.


NYC police chokehold death goes to grand jury

Thousands Attend Sharpton's Staten Island MarchA grand jury began hearing evidence Monday to determine whether there will be criminal charges in the chokehold death of an unarmed New York City man whose videotaped confrontation with police sparked outrage, union officials said.


Ebola: U.N. opens headquarters in Ghana

A Doctors Without Borders health worker takes off his protective gear under the surveillance of a colleague at a treatment facility for Ebola victims in MonroviaThe U.N. mission to combat Ebola opened its headquarters on Monday in Ghana, where it will coordinate international aid to assist West Africa to combat the accelerating crisis.


Parents charged in Pa. boy’s starvation death

Jarrod Nicholas Tutko, 38, is shown in this undated handout photo obtained by Reuters August 4, 2014.Police in Harrisburg, Pennsylvania, charged the parents of a 9-year-old autistic boy with homicide on Monday in their son's starvation death in July. Jarrod Tutko Jr. weighed just 16.9 pounds and measured 42 inches tall at the time of his death, Dauphin County District Attorney Edward Marsico and city police said at a news conference. Jarrod N. Tutko Sr., 38, and Kimberly A. Tutko, 39, were arraigned before District Judge Barbara Pianka on criminal homicide charges. They were denied bail. ...


Judge recommends 6 officers be fired for N.Y. jail beating

Rikers Island is seen in this aerial photograph taken in New YorkA New York judge is recommending six correction officers at the city's largest jail be fired for the hog-tying and brutal beating of an inmate who was handcuffed in a segregated mental health unit, according to a ruling released on Monday. Robert Hinton was seriously hurt in the April 3, 2012, incident at the Rikers Island jail complex, where he suffered facial injuries and a back fracture, according to the ruling by Administrative Law Judge Tynia Richard. Hinton was resisting being transferred to a new cell when he was beaten, the ruling said. ...


Britons sign away first-born children for free Wi-Fi

RumplestiltskinLondon (AFP) - Several Britons agreed to give up their eldest child in return for the use of free Wi-Fi, in an experiment to highlight the dangers of public Internet, published on Monday.


Drone captures Hong Kong's pro-democracy protests
A drone operator captured footage of the growing crowd as it swelled beneath the skyscrapers of the city's central business district.
Scores of children at nightclub during shooting that injured 15

The Spot, a club in Miami, Fla.At The Spot, customers can typically buy beer, listen to music and eat fried conch or chicken wings. "Teen nights" at the restaurant and lounge had recently been drawing large crowds, and there were scores of young people there about 1 a.m. Sunday when police said a shooting erupted, wounding 15, including an 11-year-old girl.


5-year-old cancer patient creates inspirational 'commercial' on bravery
"If you have cancer, don't worry," Hannah Higgins says in the two-minute video. "'Cause I am brave, and you can be brave also."
Grand jury to review 2nd case on Ferguson officer who shot teen

Chris Brooks leaves the St. Louis County courthouse on Monday, Sept. 29, 2014 in Clayton, Mo. Darren Wilson, the Ferguson police officer who shot unarmed teenager Michael Brown, received commendations for his actions in a 2013 case involving Brooks. A judge approved a request by county prosecutors Monday for a St. Louis County grand jury to review the Brooks case involving Wilson. Defense attorney Nick Zotos said his client was "roughed up" by Wilson and also questioned whether his actions merited special recognition. (AP Photo/St. Louis Post-Dispatch, Christian Gooden)CLAYTON, Mo. (AP) — A drug case involving an arrest made by the Ferguson police officer who killed an unarmed 18-year-old in a separate incident is on hold while a grand jury reviews the shooting.


Syria backs global fight against Islamic State

A Kurdish Peshmerga fighter stands guard on the front line facing Islamic State militant positions near the Rashad Bridge, which connects the provinces of Salah al-Din and Kirkuk, 290 kilometers (180 miles) north of Baghdad, Iraq, Monday, Sept. 29, 2014. (AP Photo/Hadi Mizban)Syria stands with worldwide effort to combat Islamic State: Foreign Minister al-Moualem.


Argentina held in contempt in debt case

Argentina DefaultBy Joseph Ax and Nate Raymond NEW YORK (Reuters) - Argentina is in contempt of court, a U.S. judge ruled on Monday, the latest step in a years-old case brought by the U.S. hedge funds over defaulted debt. U.S. Judge Thomas Griesa in New York held off on any decision on fines or sanctions against the South American country, which in July fell into its second sovereign default in 12 years and has long been at odds with Griesa's decisions and adopted a law aimed at evading them. ...


Texas doctor sentenced for poisoning lover

Oncologist accused of poisoning lover and coworker's coffeeA cancer researcher has been sentenced to 10 years in prison for poisoning her lover.


Walmart: Morgan crash injuries were from not wearing seat belt

Walmart has delivered its answer to actor Tracy Morgan's lawsuit arising from a six-car accident in June.


Assange appears in U.S. live onstage — as a hologram

WikiLeaks founder Julian Assange holds a press conference on August 18, 2014, inside the Ecuadorian Embassy in London where he has been holed up for two yearsThe WikiLeaks co-founder's appearance as a 3D, life-size, high-definition projection was produced by Hologram USA, the same company behind the Michael Jackson and Tupac Shakur holograms.



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