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Jul 26, 2011

Baidu sees strong Q3 on China ads; shares jump

LOS ANGELES/SHANGHAI, July 26 (Reuters) – China’s top search
engine Baidu Inc forecast revenue well ahead of Wall
Street’s expectations as large advertisers increased spending,
sending its shares up around 7 percent.

Baidu, which has increased its focus on online video and
e-commerce, has steadily grown its search market share since
Google Inc curtailed its operations after a fallout
with Beijing over censorship.

Jul 15, 2011

Investors toast Google results, shares surge

BANGALORE/LOS ANGELES, July 15 (Reuters) – Shares of Google
Inc (GOOG.O: Quote, Profile, Research, Stock Buzz) surged as much as 13.5 percent on Friday, a day
after blockbuster results and signs of success in mobile and
social networking revived hopes the Internet titan was getting
back on a growth track.

Its shares shot up to $600.25, climbing back to pre-2011
levels on the Nasdaq. If the gain stands by the end of Friday,
it would mark the biggest single-day gain for Google shares
since October 2008.

Jul 1, 2011
via MediaFile

Bob Rubin: Wall Street? America needs Sesame Street

Former Treasury Secretary Robert Rubin was so worried about the current state of political discourse that he went to a billionaire buddy to try to get him to bankroll a TV show, but the deep-pocketed friend turned him down.

Rubin told conference-goers at the Aspen Ideas Festival that both he and former deputy secretary of state Strobe Talbott had approached a friend Rubin declined to name. Their idea, which he told Reuters after the event was never developed, was to appeal to the public the same way “Sesame Street” appealed to youngsters.

Jun 16, 2011

“Green Lantern” emerges from obscurity; critics pounce

LOS ANGELES (Reuters) – The universe has probably never been safer if the proliferation of comic book superheroes on the big screen is any indication.

Marvel adventures “Thor” and “X-Men: First Class” have sold nearly $800 million worth of tickets combined at the worldwide box office in recent weeks, and “Captain America” is getting ready for a July 22 release across North America.

Jun 2, 2011
via MediaFile

Groupon’s Andrew Mason demonstrates how to stonewall

By Sarah McBride in Palos Verdes

Once he got entrepreneurial, Groupon founder and CEO Andrew Mason had to change his stance on copycatting. What he once considered plagiarism – after a few years in the wild and woolly world of business – he now considers fair game. Sorta.

“They call it competition,” he told conference-goers at All Things Digital in Rancho Palos Verdes.

Jun 1, 2011

Google reveals Gmail hacking, likely from China

SAN FRANCISCO/LOS ANGELES, June 1 (Reuters) – Google Inc
(GOOG.O: Quote, Profile, Research, Stock Buzz) said on Wednesday that unknown hackers likely
originating from central China tried to hack into the Gmail
accounts of hundreds of users, including senior U.S. government
officials, Chinese activists and journalists.

The world’s largest Internet company said on its official
blog that the hackers, who appeared to originate from Jinan,
China, recently tried to crack and monitor email accounts by
stealing passwords, but Google detected and “disrupted” the

Jun 1, 2011
via MediaFile

Rupert Murdoch shakes up empire….kinda

Rupert Murdoch didn’t open the D9 conference this year as he’s wont to do. So, his alter ego did.

Jane Lynch — the acerbic, sarcastic and domineering Cheerios coach of Fox’s “Glee” — stood in for the News Corp chieftain in a brief stand-up spiel for the 600 attendees at the tech industry conference.

May 31, 2011
via MediaFile

D9 kicks off in style…LA style

If you can say one thing about those folks at AllThingsD, it’s that they really know how to throw a party. This year’s premier U.S. tech conference, at the swanky Terranea Resort in upscale Rancho Palos Verdes just an hour south of LA, brought out the Ferraris, CEOs and fancy gizmos in droves.

Such an event deserves a worthy schwag bag, and the folks at AllThingsD did not disappoint. This year’s trove of goodies for the 600 monied attendees included a brand-new HP Veer smartphone,   a “Pogoplug” personal cloud box (for backing up content and stuff), a Disney skull-shaped decanter meant to commemorate the release of the fourth Pirates of the Caribbean, a Lenovo wireless keyboard-and-mouse.

May 11, 2011
via MediaFile

Wanna direct Cars 2? There’s an app for that.

By Poornima Gupta

You could call it another victory lap for Steve Jobs.

John Lasseter, chief creative officer for Disney and Pixar and an old chum of the Apple CEO, credits the making of the new “Cars 2″ film to a single device: the iPad. 

Being the creative guru at Pixar and Disney, as well as an adviser for Walt Disney Imagineering — Walt Disney Co’s design and development arm — means Lasseter has less time than he’d like to review materials for the movie, which he directed. 

May 4, 2011

A minute with: Kenneth Branagh about “Thor”

By Edwin Chan

LOS ANGELES (Reuters Life!) – British actor and director Kenneth Branagh is best known for his deft handling of Shakespearean material.

So the choice of Branagh to direct the hotly-anticipated comic book movie “Thor,” which makes it U.S. debut on Friday, came as something of a surprise.

    • About Edwin

      "Based in Los Angeles, I oversee company news coverage of much of the U.S. West Coast, including such corporations as Apple, Google and Microsoft. Previously, I was bureau chief for Hong Kong and Shanghai and oversaw coverage for all corporations in China and Hong Kong."
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