With more smartphones being used by Americans, it means more of them are using their devices to obtain information about locations or to let their friends and family know about their whereabouts, said a recent study. The report found that 74% of smartphone owners in the U.S. use their device to obtain real-time information that is location-based and 18% of them are users of geo-social services that allow them to check-in or share their whereabouts. In the last 12 months, ownership of smartphones... 

Sony Corp announced on Thursday that it had posted a loss of $5.6 billion for the year. The record loss for the fiscal year is due to overall global turmoil economically, the long term after affects of the earthquake and tsunami that hit Japan and the floods last fall in Thailand. The media and consumer electronics giant, which is in reorganization from top to bottom, announced that revenues had dropped by close to 10% to a figure of $79.2 billion during its fiscal year that ended on March 31. That... 

Intel reported that it’s net income for the first quarter of 2012 was $2.7 billion, or $0.53 a share.  This was a drop of 13.4% from $3.2 billion, or $0.56 a share, a year ago.  Revenue was up slightly to $12.9 billion from $12.8 billion a year ago.  Paul S. Otellini, Intel’s chief executive, said, “The first quarter was a solid start to what’s expected to be another growth year for Intel.” Industry analysts are predicting a renewed demand for PCs and Intel is preparing to regain dominance... 

Travelers are finding they are leaving their electronic tablets and other personal electronic devices on board airplanes, in hotels and even near the pool while on vacation. One industry expert said that many people have two or three different devices they carry with them and may use one and then stuff it into the seatback pocket and forget it was there and leave the plane without it. However, it is not only airplanes where people are leaving their iPads, Kindles and PlayBooks. A survey was recently... 

Facebook is already assured of being one of the most valued companies in the U.S. when it offers its IPO later this month. However, it must convince its investors it is worth the hype that is taking place now. Facebook’s top executives have taken to the road to kick off what will be one of the most important road shows for Wall Street. The road show will be a marketing drive ahead of the expected IPO of May18. For the company’s small investor a 30-minute tape has been produced that explains the... 

eBay’s net income increased 20% in the first quarter, to $570 million or $0.44 a share, from the same quarter a year earlier.  Revenue increased 29% to $3.3 billion.  Net income was $0.55 a share, excluding special items.  This was above the expectations of Wall Street analysts, who predicted $0.51 a share and revenue of $3.15 billion. The company’s chief executive, John J. Donahoe, described the numbers as “a strong start of the year” and hinted at the need to do more with mobile devices. ... 

Chrysler earned $473 million in the first quarter of 2012.  This figure was more than quadruple its $116 million profit in the period a year earlier.  It is also more than the company’s entire net income for 2011. Chrysler’s first-quarter revenue rose 25%, to $16.36 billion, from the same period last year.  The results exceeded analysts’ expectations. Sergio Marchionne, the chief executive of Chrysler (and Fiat), said, “It is fair to say that Chrysler is firing on all cylinders.  I really... 

Nintendo reported its first operating loss ever for the financial year ending March 31.  The company reported a deficit of ¥37.3 billion, or $460 million.  The results were slightly better than analysts’ forecast of a ¥41.4 billion loss.  David Gibson, an analyst for Macquarie bank in Tokyo said, “They have been beaten by smartphones and tablets, in particular, for consumers’ spending and, more importantly, time.” The company has been hammered by a steep decrease in sales of the Wii,... 

A report recently released says Apple, Inc. is avoiding paying billions of dollars of global taxes. The report claims the tech giant is opening small offices across the globe to collect and then invest profits by the company. The report that was released by theon Saturday said an office in Nevada, where corporate taxes are zero, was just one of many the tech giant, based in California uses to sidestep income taxes on profits. Corporate tax rates in California are 8.84%. Sales of iPads and iPhones... 

In early April, Facebook issued a countersuit against Yahoo. Facebook says that Yahoo infringed on 10 patents owned by the social network. That countersuit was about a month after Yahoo had originally filed a lawsuit against Facebook. Yahoo, in its lawsuit, claimed that Facebook infringed on its patent for its messaging, customization, privacy, ad network and social networking as a whole. Yahoo filed on Friday its response to the counterclaim of Facebook. Yahoo says that eight of the 10 patents that... 

On Thursday, the U.S. House of Representatives passed a controversial bill known as the Cybersecurity bill. It allows private enterprise to exchange information that is confidential with the U.S. government. CISPA – the Cyber Intelligence Sharing and Protection Act, was passed by a vote of 248-162. It is designed to help defend networks in the U.S. against a cyber attack. The legislation has been threatened with a veto by the White House. The administration says it fails to protect people’s privacy... 

AT&T is generating less money from each new monthly subscriber of a smartphone. The average monthly smartphone bill for subscribers has decreased by nearly 10%, from $88 dollars to $80 in just 12 months. AT&T should be greatly concerned about that since the large phone company is struggling in gaining new subscribers. Close to all the adults and many of the children throughout the U.S., have mobile phones. AT&T has said the solution is the smartphone, as the subscriber must not only pay... 

The alleged mass murderer Anders Breivik’s trial has reopened the dispute over video games. Breivik testified last Thursday that he used video games to train for his shooting spree that amounted to 77 deaths last summer. He said at the trial that he played Call of Duty as a way to practice shooting. He also told the courtroom that he played World of Warcraft, an online game of role-playing with players from across the globe. He says he would play that game for up to 16 hours each day. For those... 

As smartphones become more and more popular, more and more users are accessing travel information from them. A recent study in the U.S. said that over half of all smartphone users accessed some form of travel information over the past 90 days. Nearly 20% of those users reserved a hotel or airline ticket using their handset device. The most popular activity related to travel that users performed was checking prices of airlines. Over 26% of all users said, they had checked the prices of airfares a... 

Google shut down the Internet news website payment platform One Pass, as it continues to do house cleaning that was launched last year by Larry Page the company co-founder, when he took charge. Since that time, Google has been attempting to consolidate and close certain projects. One Pass has failed to become popular since it was first launched in early 2011. One Pass allowed publishers to set prices for articles published online, with Google receiving a 10% cut of the sales. That is opposed to the... 

On Thursday, India announced a successful new missile test firing. It said the missile was capable of having a nuclear warhead attached and could travel as far away as Beijing. With the successful test, India declared itself a missile power. The Agni-V missile could be seen in flight in video released by the Indian media. The test took place in Orissa, an eastern state. Indian’s Prime Minister congratulated the scientists of the country for contributing to the self-reliance in defense of the nation.... 

A new site on the Internet, Airport Chatter, which launched a number of weeks ago, is designed to help eliminate the hassle of navigating through an airport. Airports can be monstrous in size and difficult to navigate. Therefore, knowing how to locate important places like restaurants, coffee shops or if you are close to your gate is very important. Two young tech wizards Izzy Kirsh and Mark Wagner are the brains behind Airport Chatter. The 20-somethings currently reside in Miami and Toronto respectively.... 

A new study said that monkey’s do not assign a meaning to written words, but rather learn what combinations of letters are common to words. Baboons are not able to speak, read and most likely do not understand language. However, scientists found that the baboon could learn to identify writing that appears on a computer screen. The recent discovery might help to explain how humans learned how to read, said researchers. A cognitive psychologist Jonathan Grainger, the lead author of the study said,... 

The new Barnes & Noble Nook Simple Touch has a glow light that offers lighting so it can be read in the dark. It also helps the e-reader to be read while in certain sunlight scenarios. The new e-reader will retail for $139 and is the first to have a built in light for reading. There are lights that clamp on and other gadgets designed to make the reading experience more enjoyable in the dark however, Barnes & Noble has said its most recent Nook is the only one with built-in lighting for reading. The... 

With the price of gasoline approaching a national average of $4 per gallon, it is not surprising that most people are not considering crossing the country via a car or truck. However, one group thinks differently. An event that has been sponsored by the Men’s Health magazine, called the Electric Car Challenge of 2012 hopes to set a record by driving to Los Angeles from New York, roughly 3,000 miles, without making a stop at any gas stations. The trip will be made in a Ford Focus Electric and will... 

Through the use of Bluetooth, the Pebble, a smartwatch prototype will connect to your Android or iPhone and get calendar alerts, display caller ID, run simple applications and show updates of social media. The watch is being promoted currently on Kickstarter a crowdfunding platform and is not available for sale as of yet, but it has already seen its demand skyrocket. In only 30 hours, over 8,500 backers have committed to funds of $1.17 million to ensure that Pebble becomes more than just a prototype.... 

For about an hour on Thursday, users of the internet in China were blocked from using foreign websites. The incident was unexplained and sparked significant speculation that authorities in the country may censor the net. Users of internet in China were cut off from using all websites that were from outside China. The so-called “Great Firewall,” is already in place blocking a number of sites that are hosted in other countries, however users in Shanghai, Beijing and other cities in China reported... 

The major wireless companies in the U.S. announced they have agreed to disable all cell phones after they have been reported stolen. The strategy is intended to deter cell phones from being stolen and resold. The system relies on a database that is centralized that will help providers recognize when a cell phone has been reported stolen and will stop it from being used. Julius Genachowski, the Chairman of the Federal Communications Commission said, “The idea is to let consumers know we have their... 

Just two years ago, Google failed with first smart device nevertheless, it is trying again. The search giant will release a new 7-inch tablet sometime during late summer and will co-brand with Asustek Computer from Taiwan. It seems like light years since Google, along with HTC, released its premier Android device named the Nexus One in January of 2010. That was Google’s first attempt at challenging the iPhone from Apple. That particular device failed. Verizon walked away and decided to stay with... 

A lower court’s decision to throw out a $1 billion lawsuit filed five years ago against YouTube by Viacom and other media companies has been reversed by a federal appeals court.  In 2010, a federal judge agreed with YouTube, saying the company was shielded from Viacom’s claims by “safe harbor” provisions in the Digital Millennium Copyright Act, however the United States Court of Appeals for the Second Circuit in New York vacated the original ruling on the basis that “a reasonable jury...