West Coast Financial Editor in Charge
Edwin's Feed
May 15, 2013

Google music service starts Wednesday, steals march on Apple

SAN FRANCISCO (Reuters) – Google Inc launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora and Spotify in the market for streaming music.

With its new service, announced at its annual developers’ conference in San Francisco, Google has adopted the streaming music business model ahead of rival Apple Inc, which pioneered online music purchases with iTunes.

May 15, 2013

Google music service starts Wed, steals march on Apple

SAN FRANCISCO, May 15 (Reuters) – Google Inc
launched a music service on Wednesday that allows users to
listen to unlimited songs for $9.99 a month, challenging smaller
companies like Pandora and Spotify in the market for
streaming music.

With its new service, announced at its annual developers’
conference in San Francisco, Google has adopted the streaming
music business model ahead of rival Apple Inc, which
pioneered online music purchases with iTunes.

May 15, 2013

Google’s music service to launch Wednesday in U.S.

SAN FRANCISCO (Reuters) – Google Inc launched a music service on Wednesday that allows users to listen to unlimited songs for $9.99 a month, challenging smaller companies like Pandora and Spotify in the market for streaming music.

With its new service, announced at its annual developers’ conference in San Francisco, Google has adopted the streaming music business model ahead of rival Apple Inc, which pioneered online music purchases with iTunes.

Apr 23, 2013

STMicro sees new products, better market lifting sales

SAN FRANCISCO/PARIS (Reuters) – European chipmaker STMicroelectronics said signs of market recovery and new products, such as motion sensor chips for video games consoles, should drive a pick up in sales in the second half of this year.

The bullish outlook lifted its shares over 6 percent in Tuesday morning trading, despite the group posting a sixth straight quarterly loss due to its mobile chip joint venture with Sweden’s Ericsson, which is being closed.

Apr 11, 2013

Cybercrime ring attacks videogame companies for years-researcher

SAN FRANCISCO (Reuters) – Cybersecurity researchers have uncovered a Chinese hacking ring that they said broke into the servers of dozens of online videogaming companies and stole valuable source code over a four-year period.

Kaspersky Lab warned on Thursday that an organization it christened “Winnti” had infiltrated the servers of at least 35 game developers and publishers, mostly in East Asia including South Korea, but also in Germany, the United States, Japan, China, Russia, Brazil, Peru, and Belarus.

Mar 13, 2013

Sundar Pichai to head Google’s Android division

SAN FRANCISCO (Reuters) – Andy Rubin, the architect of Android, the world’s top-selling mobile operating system, has decided to step down as Google Inc (GOOG.O: Quote, Profile, Research) combines mobile software divisions under one roof, the company said on Wednesday.

Google appointed Sundar Pichai, the executive overseeing its Chrome web browser and applications like Google Drive and Gmail, to take over Rubin’s responsibilities, hinting at how the company with the dominant Internet search engine intends to address the rise of mobile devices.

Mar 13, 2013

Google’s Android chief Andy Rubin steps down

SAN FRANCISCO (Reuters) – Andy Rubin, the architect of Android, the world’s top-selling mobile operating system, has decided to step down as Google Inc combines mobile software divisions under one roof, the company said on Wednesday.

Google appointed Sundar Pichai, the executive overseeing its Chrome web browser and applications like Google Drive and Gmail, to take over Rubin’s responsibilities, hinting at how the company with the dominant Internet search engine intends to address the rise of mobile devices.

Feb 19, 2013

Mystery hackers hijack Jeep’s Twitter feed after Burger King coup

Feb 19 (Reuters) – Hackers took over Chrysler’s
Jeep Twitter account on Tuesday, sending out colorful tweets
disparaging the off-road vehicle and company management just a
day after Burger King’s feed was similarly hijacked.

The unidentified cyber-attackers replaced Jeep’s logo with
Cadillac’s and suggested Chrysler’s iconic group had been sold
to the General Motors Co luxury brand, forcing Cadillac
to clarify that it had nothing to do with the hack on its own
Twitter feed.

Feb 12, 2013

Apple CEO calls Einhorn lawsuit a ‘silly sideshow’

SAN FRANCISCO, Feb 12 (Reuters) – Apple Inc Chief
Executive Tim Cook said the board is carefully considering David
Einhorn’s proposal for the company to issue preferred stock and
return more cash to investors, but he called a lawsuit brought
by the star hedge fund manager against Apple a “silly sideshow.”

Waving aside Einhorn’s assertion that Apple is clinging to a
“Depression-era” mentality, Cook said on Tuesday the company’s
board is in “very active discussions” on how to dole out more of
its $137 billion hoard of cash and marketable securities.

Feb 12, 2013

Apple CEO calls Einhorn lawsuit a “sideshow”

SAN FRANCISCO (Reuters) – Apple Inc CEO Tim Cook called David Einhorn’s lawsuit against his company a “sideshow” but said on Tuesday the board is carefully considering the star hedge fund manager’s proposal to issue preferred stock, calling it “creative.”

Waving off claims that Apple is clinging to a “Depression-era” mentality, Cook said the board is in “very active discussions” on how to share more of its $137 billion hoard of cash and marketable securities.

    • 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."
    • Follow Edwin