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Fiat shareholders vote in favor of Chrysler merger

TURIN, Italy (AP) — Fiat shareholders have voted in favor of a merger with Chrysler that has been five years in the works and will shift the 115-year-old carmaker's center of gravity abroad.

Futures point to modestly lower open after payrolls

A trader works on the floor of the New York Stock Exchange shortly after the market's opening in New York By Ryan Vlastelica NEW YORK (Reuters) - U.S. stock index futures pointed to a slightly lower open on Friday as a weak July jobs report allayed concerns that the Federal Reserve would raise interest rates sooner than many had expected. On Thursday, Wall Street suffered its biggest one-day decline in months as data sparked worries the U.S. Federal Reserve could raise interest rates sooner than expected.


Chevron second-quarter profit tops estimates on higher oil, gas prices

A Chevron gas station sign is shown at one of their retain gas stations in Cardiff, California (Reuters) - Chevron Corp , the second-largest U.S. oil company, reported better-than-expected quarterly profit on Friday as higher energy prices offset rising expenses and production dips in Kazakhstan. Chevron's reliance on higher crude oil and natural gas prices to boost results, even as production falls, mirrored results from rival Exxon Mobil Corp on Thursday, and underlined Wall Street's concerns that international energy giants were not replenishing reserves fast enough. Chevron said net income rose to $5.67 billion, or $2.98 per share, in the second quarter, from $5.37 billion, or $2. ...


James Cameron found himself at the bottom of the ocean

Chrysler says its U.S. auto sales rose 20 percent

A Chrysler logo is pictured at the Jacob Javits Convention Center during the New York International Auto Show in New York Chrysler Group LLC on Friday said its U.S. July auto sales rose 20 percent and that it expected the industry to show an 8 percent increase for the month. Nine analysts surveyed by Reuters had expected gains of 25.5 percent for Chrysler and 11 percent for the industry. Gains in U.S. auto sales have been stronger than the overall economy since the recession. Auto sales dropped to a low of 10.4 million vehicles in 2009 and have risen steadily since, reaching 15.6 million vehicles last year.


U.S. says India refusal on WTO deal a wrong signal

U.S. Secretary of State John Kerry shakes hands with Indian Prime Minister Narendra Modi at the Prime Minister's residence in New Delhi By David Brunnstrom and Matt Siegel NEW DELHI/SYDNEY (Reuters) - U.S. Secretary of State John Kerry told Prime Minister Narendra Modi on Friday that India's refusal to sign a global trade deal sent the wrong signal, and he urged New Delhi to work to resolve the row as soon as possible. A World Trade Organization pact to ease worldwide customs rules collapsed late on Thursday over India's demands for concessions on agricultural stockpiling. "Failure to sign the Trade Facilitation Agreement sent a confusing signal and undermined the very image Prime Minister Modi is trying to send about India," a U.S. State Department official told reporters after Kerry's meeting with Modi.


Google’s $4 million mystery barge is headed for the junk yard

Google’s $4 million mystery barge is headed for the junk yard $4 million is barely a drop in the bucket for Google, which racked up $16 billion in revenue in the June quarter alone. But $4 million is the amount Google just burned on its mystery barge, which is reportedly about to be dismantled after Google had tried to use it as a floating showroom. The Portland Press Herald reports that Google’s West Coast barge has been towed to Turner’s Island Cargo Terminal in South Portland, Oregon, where the massive floating experiment is set to be dismantled. The 250-foot barge contained 60 shipping containers stacked into a four-story building that Google had planned to use as a reconfigurable private showroom for its various products such as Google Glass and Chromebook laptop computers. According to the


U.S. consumer spending rises, inflation pressures muted

Women shop in a store run by clothing retailer Forever 21 in New York U.S. consumer spending rose for a fifth straight month in June, but a moderation in price increases suggested the Federal Reserve will not raise interest rates anytime soon. The Commerce Department said on Friday consumer spending increased 0.4 percent after rising by an upwardly revised 0.3 percent in May. Spending, which accounts for more than two-thirds of U.S. economic activity, had been forecast rising 0.4 percent after a previously reported 0.2 percent gain in May. When adjusted for inflation, consumer spending increased 0.2 percent after edging up 0.1 percent the prior month. Consumer spending in the second quarter increased at a 2.5 percent pace and the rise in June augurs well for an acceleration in spending in the third quarter. A price index for consumer spending rose 0.2 percent after advancing 0.3 percent in May. In the 12 months through June, the personal consumption expenditures (PCE) price index rose 1.6 percent.


Casio's next G-Watch uses Soundhound to discover new music

The Mars 2020 rover will search for life while generating its own oxygen

The Mars 2020 rover will search for life while generating its own oxygen NASA has its next rover all planned out. These include two instruments for detecting organic compounds, sensors for measuring environmental conditions, and an experimental device designed to produce oxygen from the Martian atmosphere. "Mars exploration will be this generation’s legacy." The Mars 2020 rover will use a design similar to that of the Curiosity Rover, and will focus on conducting geological assessments of the landing site, searching for signs of ancient Martian life, and determining the planet's suitability as a human habitat.


U.S. job growth cools, unemployment rate rises to 6.2 percent

Workers work on installing the motherboard to a 32-inch TV at Element Electronics in Winnsboro By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth slowed more than expected in July and an unexpected rise in the unemployment rate pointed to some slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while. Nonfarm payrolls increased 209,000 last month after surging by 298,000 in June, the Labor Department said on Friday. July marked the sixth straight month that employment has expanded by more than 200,000 jobs, a stretch last seen in 1997. The one tenth of a percentage point increase in the unemployment rate to 6.2 percent came as more people entered the labor market, a sign of confidence in the job market.


Global trade deal goes back to drawing board

U.S. Secretary of State John Kerry shakes hands with Indian Prime Minister Narendra Modi, as Indian Foreign Minister Sushma Swaraj, right, and U.S. Secretary of Commerce Penny Pritzker stand by their sides at Modi's residence in New Delhi, India, Friday, Aug. 1, 2014. Kerry is on a three-day visit, his first following the resounding election win of Modi in May. (AP Photo/Lucas Jackson, Pool) GENEVA (AP) — The World Trade Organization began regrouping Friday to see whether it is still possible to finalize a major deal to boost global trade after a deadline passed to formally adopt it.


HP's new smartwatch actually looks good

HP's new smartwatch actually looks good Fashion designer Michael Bastian is partnering with HP and retailer Gilt to sell a smartwatch this fall.


Shares sink, dollar up before U.S. jobs data

A man looks at electronic boards outside a brokerage in Tokyo By Blaise Robinson PARIS (Reuters) - Shares tumbled worldwide and the dollar rose on Friday amid expectations a U.S. jobs report would strengthen the case for an early interest rate rise by the U.S. Federal Reserve. U.S. non-farm payrolls, due at 08.30 a.m. EDT, are expected to show the United States added 233,000 jobs last month and the unemployment rate held steady at 6.1 percent. While encouraging for the global economy at large, strong job numbers would fuel expectations the Fed will raise rates soon. The U.S. central bank's ultra-loose monetary policy has helped drive a two-year rally in equity markets.


Typo tries again with another iPhone keyboard

The Typo 2 The iPhone accessory company backed by US TV star Ryan Seacrest is back after a legally imposed hiatus with a new and improved clip-on physical keyboard. Called the Typo 2 and available to pre-order now for $99 directly from the company's website, it comes in two pieces that clip together around an iPhone 5 or 5S like a case and gives owners a proper QWERTY keyboard alternative to the iPhone's on-screen effort. In September, when the Typo 2 officially starts shipping, it will have been nine months since the original Typo debuted. It arrived on the scene in January with considerable hype, thanks to Mr Seacrest's promotional efforts, but unfortunately the publicity caught the attention of BlackBerry who within days had filed a lawsuit claiming intellectual property violation.


P&G profit up 37 percent on cost cuts, higher home care sales

Downy softener and Tide laundry detergent, products distributed by Procter & Gamble, are pictured on sale at a Ralphs grocery store in Pasadena (Reuters) - Procter & Gamble Co , the world's largest household products maker, reported a 37 percent rise in quarterly profit as its cost cutting efforts paid off and organic sales rose in its home care business. Shares of the maker of Pampers diapers and Tide detergent rose more than 2 percent before the bell. P&G has sought to cut expenses by streamlining management, lowering overhead and marketing costs, and cutting jobs under a five-year, $10 billion restructuring plan announced in February 2012. The company's operating expenses fell 7 percent $6. ...


You’ll now be able to easily replace your iPhone 5s screen if you break it

You’ll now be able to easily replace your iPhone 5s screen if you break it Screen damage is a very frequent and frustrating issue with smartphone owners, and Apple apparently is very aware of how annoying the iPhone screen replacement process can be for its customers. 9to5Mac says the company has started receiving large quantities of iPhone 5s screens in its U.S. and Canada retail stores, which will replace broken iPhone 5s screens in the near future. This isn’t the first time word of Apple’s iPhone screen repair program got out, with previous reports detailing iPhone 5c screen repairs earlier this year. Considering Apple is expected to launch even bigger handsets later this year, figuring out a simple way to fix screen damage in its own stores appears to be a logical step for the


Essex Bank Opens Wholesale Mortgage Operations

RICHMOND, Va., Aug 1, 2014 /PRNewswire/ -- Essex Bank, the banking subsidiary of Community Bankers Trust Corporation (NASDAQ: ESXB), announced today the formation of a wholesale mortgage funding group.  ...

An illustrated history of the 'Console Wars'

Hacking attack in Canada bears signs of Chinese army unit: expert

Illustration file picture shows a man typing on a computer keyboard in Warsaw By David Ljunggren and Alastair Sharp OTTAWA/TORONTO (Reuters) - The recent hacking attempt on a sensitive Canadian government computer network is similar to attacks mounted by an elite unit of the Chinese army based in Shanghai, according to a cybersecurity expert. Canada said on Tuesday "a highly sophisticated Chinese state-sponsored actor" had broken into the National Research Council, a leading body that works with major companies such as aircraft and train maker Bombardier Inc . Beijing on Thursday accused Canada of making irresponsible accusations that lacked credible evidence. While Canada did not give details of the attack, CrowdStrike Chief Technology Officer Dmitri Alperovitch said it was similar to other hacking campaigns launched by a unit of the People's Liberation Army that his company has nicknamed 'Putter Panda.' The group, Unit 61486, has thousands of people and conducts intelligence on satellite and aerospace industries, he said.


Solid US job gains expected for 6th straight month

In this June 23, 2014 photo, job seekers wait in line to meet with recruiters during a job fair in Philadelphia. The government issues the July jobs report on Friday, Aug. 1, 2014. (AP Photo/Matt Rourke) WASHINGTON (AP) — With a host of reports this week pointing to a healthier U.S. economy, analysts expect Friday's monthly jobs report to send a similar message.


Take a look at HP's luxury smartwatch

Apple will pay huge money to give you faster iOS 8 and Yosemite downloads

Apple will pay huge money to give you faster iOS 8 and Yosemite downloads Apple is apparently working hard on improving iTunes content download speeds for users, Streaming Media reports, with the company having already deployed its own content delivery network (CDN) that’s already serving some digital content to users, and having inked interconnect deals with ISPs to make sure content delivery gets prime treatment. Apple has already turned on its CDN in the U.S. and Europe, although it’s not clear to what extent it operates, as it tries to replace the CDNs it’s currently using – Akamai (for iTunes traffic) and Level 3 (for Radio).For example, OS X downloads arrive directly from Apple’s CDN, Streaming Media has discovered, by doing trace routes on them from multiple ISPs. The company clearly wants to further


GIF your favorite movie quotes with Quotacle

GIF your favorite movie quotes with Quotacle A site called Quotacle might revolutionize the way you whip out movie quotes in an online discussion. It is a searchable repository consisting of over 250,000 lines from 143 movies. What makes it unique is that each entry comes with an embeddable clip showcasing the precise quote, and the ability to transform that moment into a GIF. Currently still in beta, Quoctacle also reveals which references are most popular on the site, while offering the option to procure a random quote from the existing library. It's clear that more work needs to be done, however. ...


YouTube comes to Sky's Now TV box

Google's peculiar floating barge meets its maker

Google says 'forgetting' isn't easy, as requests mount

Google says 'forgetting' isn't easy, as requests mount Google on Thursday told European officials that forgetting isn't easy, especially when details are few and guidelines are murky regarding when personal privacy trumps public interest. The world's leading Internet search engine said that as of July 18 it had received more than 91,000 requests to delete a combined total of 328,000 links under Europe's "right to be forgotten" ruling. The most requests came from France and Germany, with approximately 17,500 and 16,500 respectively, according to a copy of a letter Google global privacy counsel Peter Fleischer sent to an EU data protection committee. Another 12,000 removal requests came from Britain, 8,000 from Spain, and 7,500 from Italy.


Making a parody will soon become legal in the UK

Chinese employees at Microsoft's Nokia arm protest mass layoffs

A shadow of a man using his mobile phone is cast near Microsoft logo at the 2014 Computex exhibition in Taipei BEIJING (Reuters) - "Hundreds" of Chinese employees at Microsoft Corp's Nokia phone business protested on Friday against mass layoffs that the U.S. tech company announced last month, according to an employee present and pictures posted on social media networks. Protesters held banners and shouted slogans against "Microsoft's hostile takeover and violent layoffs" for five hours until "they had sore throats," said the employee who participated in the demonstration and so declined to be identified. Microsoft announced on July 17 the deepest job cuts in its 39-year history, amounting to 18,000 positions. Microsoft said up to 12,500 of those jobs would come from Nokia, the Finnish handset maker it bought in April in a $7.2 billion friendly takeover.


Microsoft seeks to shield emails stored overseas from U.S. prosecutors

In the first case of its kind, Microsoft is disputing the U.S. government’s power to force the company to turn over a user’s emails stored in a data center overseas.

Sharp's first-quarter operating profit boosted as Chinese smartphone makers swell sales

A pedestrian walks past a logo of Sharp Corp at a train station in Tokyo By Sophie Knight TOKYO (Reuters) - Japan's Sharp Corp said it expected revenue from Chinese smartphone makers to increase fivefold in the six months to September after a jump in smartphone panel orders helped boost operating profit by 55 percent in the first quarter. A big part of that recovery was due to demand from rising stars in China's smartphone market. Sharp's president, Kozo Takahashi, said the company expected revenue from Chinese handset makers to swell to 100 billion yen in the first half of the business year to Sept. 30. Sharp issued guidance earlier this year for 1 trillion yen in sales from LCD panels for the year to March 2015.


See how Tesla intends to Supercharge the world

World stocks extend slump on Wall Street sell-off

FILE - This April 22, 2010, file photo, shows a Wall Street sign in front of the New York Stock Exchange. U.S. stocks slumped Thursday, July 31, 2014, as investors reacted to disappointing corporate earnings reports and assessed the implications of the approaching end to economic stimulus from the Federal Reserve. (AP Photo/Mark Lennihan, File) HONG KONG (AP) — World stock markets sank on Friday, with European benchmarks opening sharply lower after Wall Street's sharp sell-off. Asian stock markets posted modest losses as strong reports on China's economy countered some of the pessimism.


Drone crashes while smuggling weed into maximum security prison

Drone crashes while smuggling weed into maximum security prison The wreckage of a drone has been found outside of a maximum security prison in South Carolina, according to Reuters. It is believed to have been used in an attempt to smuggle phones, marijuana, and tobacco into the Lee Correctional Institution. The discovery precipitated an investigation that would later lead to the arrest of 28-year-old Brenton Lee Doyle and a search for a second suspect. State Department of Corrections spokeswoman Stephanie Givens is cited as stating "officials believe it was the first time an unmanned aircraft had been used in an effort to breach prison walls in the state." While it might be a new incident for South Carolina, similar cases have cropped up across the world.


The most gender-equal tech company still hires mostly men

The most gender-equal tech company still hires mostly men Copying the lead of other big tech companies such as Twitter, Facebook, and Google, eBay has detailed its workplace diversity for the first time. The figures released show a company that hires more women, Hispanics, and black people than its industry peers, but one that is still dominated by white and Asian men. 42 percent of eBay's 33,000 employees are women. By comparison, only 37 percent of Yahoo's and 30 percent of Google's workforces are female.


For sale: A nearly nonexistent insurance agency

WASHINGTON (AP) — One of the country's largest overseers of troubled home loans, Nationstar Mortgage Holdings Inc., is quietly trying to sell a $100 million insurance agency that doesn't appear to exist.

Typo's iPhone keyboard is back and it still looks a lot like a BlackBerry

How the AP-GfK poll was conducted

The Associated Press-GfK poll on foreign policy and President Barack Obama's approval ratings was conducted by GfK Public Affairs and Corporate Communications July 24-28. It is based on online interviews of 1,044 adults who are members of GfK's nationally representative KnowledgePanel.

Britain's RBS places restrictions on lending in Russia

The logo of the Royal Bank of Scotland is seen at an office in London Part-nationalised British lender Royal Bank of Scotland said on Friday it had placed restrictions on its lending in Russia following developments in Ukraine. The European Union cut off financing for five major Russian banks on Thursday over Moscow's support for separatist rebels in Ukraine. The measures aim to prevent Russian banks from raising money on Western capital markets. RBS said it had reviewed credit ratings, adjusted lending limits and placed additional credit restrictions on new business in Russia.


CIA director reverses himself on Senate spying

FILE - This March 11, 2014 file photo shows CIA Director John O. Brennan speaking in Washington. The CIA's insistence that it did not spy on its Senate overseers collapsed July 31 with the release of a stark report by the agency's internal watchdog documenting improper computer surveillance and obstructionist behavior by CIA officers. Those internal conclusions prompted Brennan to abandon months of defiance and defense of the agency and apologize to Senate intelligence committee leaders. (AP Photo/Carolyn Kaster, File) WASHINGTON (AP) — For months, CIA Director John Brennan stood firm in his insistence that the CIA had little to be ashamed of after searching the computers of the Senate Intelligence Committee. His defiant posture quickly collapsed after a devastating report by his own inspector general sided against the CIA on each key point of the dispute with the Senate.


eBay is winning at gender diversity in technology

Steelmaker ArcelorMittal sees US, Europe improving

AMSTERDAM (AP) — ArcelorMittal, the world's largest steelmaker, says it swung to a profit in the second quarter on higher steel shipments and better margins, and it sees improving markets in the United States and Europe.

GM boosted June sales with discounts to dealers

FILE - In this May 13, 2014 file photo, an auto worker inspects finished SUVs coming off the assembly line at the General Motors auto plant in Arlington, Texas. As General Motors tackles a safety crisis, a look at its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls. (AP Photo/LM Otero, File) As General Motors prepares to report monthly sales results on Friday, a look its numbers from June show just how intent the company is on keeping new-car sales on the rise during a record spate of safety recalls.


Start-up behind 'dunkable' phone technology explores Asian IPO

The logo of nanotechnology company P2i during interview in Singapore By Anshuman Daga SINGAPORE (Reuters) - P2i, a technology spin-off from Britain's Ministry of Defence, is looking to raise as much as 10 million pounds ($17 million) from Singapore investors as it readies the launch of its "Dunkable" or waterproof technology for smartphones and tablets. The fundraising by the nanotechnology company follows an expanding list of overseas firms tapping Singapore's pool of high net worth individuals. P2i's technology applies a thin, transparent, splash-resistant polymer coat to products ranging from clothing to mobile phones. The company is in the process of introducing a new version of the technology, which it calls "Dunkable", that will allow devices to survive being immersed in water.


Poochi the robot dog can talk with your 3DS (and play rock-paper-scissors)

China's factories spring to life as global trade reawakens

Workers look at machines moving newly made raw bricks at a factory in Huaibei By Wayne Cole SYDNEY (Reuters) - Activity in China's vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China's official manufacturing purchasing managers' index (PMI) rose to 51.7 in July - the strongest since April 2012 and up from 51 in June, the National Bureau of Statistics said on Friday. The upbeat result was echoed in the HSBC/Markit China measure of manufacturing which climbed to an 18-month peak of 51.7, from June's 50.7. "Taken literally, these PMIs signal an exceptionally strong start for third quarter growth in China," said Annette Beacher, head of Asia-Pacific research at TD Securities in Singapore.


Canada's telcos burst into banking, healthcare in hunt for growth

A woman speaks on her phone in front of a Rogers Communications Inc sign before the company's AGM in Toronto By Alastair Sharp and Euan Rocha TORONTO August 1 (Reuters) - Canada's three biggest telecom firms, keen to keep shareholders happy with fat dividends, are breaking into businesses ranging from banking to healthcare to drive growth as they run out of expansion options and shy away from overseas purchases. BCE Inc , Rogers Communications Inc and Telus Corp dominate their industry in Canada but with landline connections on the wane, cable TV losing out to online portals and wireless growth slowing, Canada's telecom giants are pushing into uncharted businesses. Some of the moves - such as Rogers' C$5.2 billion-deal ($4.8 billion) for exclusive National Hockey League broadcast rights - may bring a rapid pay-off. Others, like Telus' bid to dominate healthcare services, are gambles that may not pay off for many years.


New malware can live inside any USB device undetected

Mars 2020 rover will give us a way to know the red planet better

MLB trashes ISPs, doesn’t like the FCC’s ‘fast-lane’ plan one bit

MLB trashes ISPs, doesn’t like the FCC’s ‘fast-lane’ plan one bit The net neutrality debate is far from over, especially since the FCC is still sorting through more than one million comments on the matter. Quartz reports that one of those comments comes directly from Major League Baseball, which argues against allowing for Internet “fast lanes” despite the fact that its own MLB Advanced Media (BAM) platform could benefit from such a scheme as long as MLB agreed to pay the proper fees to ISPs. MLB wasted no time pointing out the problems with the FCC’s proposal and argued that, ultimately, the regular consumer would pay the price, and that fast lanes would also affect competition. “Fast lanes would serve only one purpose: for Broadband ISPs to receive an economic windfall. American consumers would be worse off as the


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