Tech wrap: Google reveals Gmail hacking

June 1, 2011

Google revealed 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. Google 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 campaign.

Tech wrap: Twitter swallows TweetDeck

May 25, 2011

Twitter confirmed that it has bought TweetDeck, a popular third-party software application that organizes tweets, the short messages delivered through the online social network. Terms were not disclosed but a source told Reuters earlier this month that a deal for up to $50 million was imminent.

Tech wrap: LinkedIn shares skyrocket in debut

May 19, 2011

LinkedIn made its remarkable debut on the New York Stock Exchange, at times trading more than 171 percent above its IPO price of $45. The stampede to buy the stock had some remembering back to another time when investors also loved tech stock IPOs: the 1990s and the dotcom bubble.

Tech wrap: Yahoo battle with Alibaba heats up

May 13, 2011

Yahoo’s battle with Alibaba intensified as they issued contradictory statements over the Chinese company’s transfer of a major Internet asset to its CEO. Analysts said the handover of Alipay, an online e-commerce payment system, to Alibaba CEO Jack Ma has reduced the value of Yahoo’s 43 percent Alibaba stake.  Yahoo said it had been blindsided by the deal, while Alibaba countered that Yahoo was aware of the transaction by virtue of having a board seat, now held by former Yahoo Chief Executive Jerry Yang, who is also a Yahoo director.

Tech wrap: Facebook smear campaign blows up

May 12, 2011

Facebook admitted to hiring PR firm Burson-Marsteller to plant negative stories about Google, The Daily Beast reported. Burson urged journalists to investigate claims that Google was invading people’s privacy and offered to help privacy advocate Christopher Soghoian write an op-ed on the matter for national newspapers. The plot backfired when Soghoian rejected Burson’s offer and posted online an email exchange between them.

Tech wrap: Google unveils Chromebook

May 11, 2011

Google took the wraps off two Chromebook laptop PCs after nearly two years of delays and touts of its Chrome operating system as an alternative to Microsoft Windows. Samsung and Acer laptops using Chrome OS will go on sale June 15, as the world’s No. 1 Internet search engine tries to entice people to do more on the Web. As with Android, Chrome software will be free, but is expected to spur people to use the Internet more often and search for more things, potentially boosting Google’s Internet ads business.

Tech wrap: Microsoft earnings fail to excite

April 28, 2011

Microsoft reported a dip in quarterly sales of its core Windows operating system, mirroring a recent downturn in personal computers. The world’s largest software company met Wall Street profit estimates, as strong sales of its Office suite of applications and game systems took up the slack. “Microsoft to me is no longer a growth stock but it is a very attractive value stock. They continue to generate tremendous free cash flow. Their balance sheet is really unmatched,” Channing Smith of Capital Advisors said.

Tech wrap: Sony admits PlayStation Network privacy breach

April 26, 2011

A visitor plays with a Playstation at an exhibition stand at the Gamescom 2009 fair in Cologne in this August 22, 2009 file photo. Reuters/Ina Fassbender

Tech wrap: Q1 earnings beat expectations, RIM’s PlayBook – not so much

April 19, 2011

A video wall displays Intel's logos at the unveiling of its second generation Intel Core processor family during a news conference at the Consumer Electronics Show (CES) in Las Vegas January 5, 2011. REUTERS/Rick WilkingIntel forecast quarterly revenues well above Wall Street’s estimates despite a hiccup in sales of its Sandy Bridge processors after the discovery of a chipset design flaw and defying fears the world’s top chip maker is struggling to find its footing as personal computer sales growth wanes.

Tech wrap: iPhone 5 home for Christmas, maybe

April 11, 2011

An Apple staff demonstrates a new Verizon iPhone 4 at Verizon's iPhone 4 launch event in New York January 11, 2011. REUTERS/Brendan McDermidApple’s iPhone 5 isn’t expected to hit the market until Christmas or early next year, according to Business Insider’s Jay Yarow. Avian Securities said in a note, based on conversations with a “key component supplier” to Apple, that the the iPhone 5 should go into production in September and that Apple could also be developing a lower price/lower spec iPhone model, Yarrow writes.