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Activision and Electronic Arts settle lawsuit
Activision Blizzard Inc and arch rival video game company Electronic Arts Inc have settled a lawsuit in which Activision accused two former executives of breaking their employment agreements to develop games for EA. 'Activision and EA have agreed to put this matter behind them,' the companies said on Wednesday in a joint statement.

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Zuckerbergs hoodie is savvy, not snotty
When Facebook's 27-year-old CEO, Mark Zuckerberg, wore a hoodie at a presentation to investors during the lead-up to Facebook's initial public offering, a financial analyst publicly accused Zuckerberg of immaturity. By dressing casually at such an important event, he alleged, Zuckerberg was telling potential shareholders they didn't

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Quantum Teleportation Leaps to New Distance Record
This is more than six times the distance of the previous record of 16 km, set by another team of Chinese researchers in May of 2010, as reported in Nature.com. The results represent a step toward the establishment of a global quantum network, and the methods used in the experiment could be utilized for satellite-based quantum

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How to fund your projects online without annoying everyone
It sounds like one of those weird, grainy late-night infomercials: 'Get money for your projects NOW for FREE! There are people out there just WAITING to put REAL MONEY in your hands! Don't wait, apply TODAY!'All that's missing is a leering old dude -- clutching a pile of gold bars and wearing a

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Chen reports first concrete step toward leaving China
Chen Guangcheng, the Chinese human rights activist who ignited a diplomatic frenzy when he escaped house arrest last month, has received passport applications for himself and his family, he said Wednesday. The paperwork for Chen, his wife and their two children was completed and photos were taken

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Entertaining Home Technologies
This arena continues to be an experimental space for new and improved technologies that enhance viewing and listening experiences. These days, going to the theater can sometimes mean staying home, where advanced home theater systems come complete with large-screen TVs, professional-quality sound systems, and seating that can rival

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Whos using mobile maps and check-ins -- and whos not?
According to a new survey from the Pew Internet and American Life Project, three-quarters of U.S. adults who own smartphones use those devices to get some kind of real-time location-based information -- from maps and directions all the way to cutting-edge features like Yelp's Monocle augmented-reality view.

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Key to Universal-EMI decision: Has music business lost control?
On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry. Certainly the fierce opposition from rival

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Woods ups his workload in bid to re-enter winning circle at majors
Tiger Woods has added to his tournament workload as he bids to return to winning ways in the majors this season. The 36-year-old American is stalled on 14 major titles -- four short of the all-time record held by Jack Nicklaus -- since his U.S. Open triumph in 2008.

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Sina results beat view, warns Weibo to eat into Q2
Sina Corp (SINA.O) sounded a bearish note for the coming quarters, warning that further losses may lie ahead because of increased investment into its microblogging platform Weibo, China's version of Twitter. China's largest Internet portal and media website posted a first-quarter loss that was smaller than Wall Street had expected after

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Obama walks fine line in bashing Romney, courting Wall Street
For President Barack Obama's re-election team, it's sort of like threading a needle. While trying to define Republican Mitt Romney as an insensitive job-killer during his time as a private equity executive, the Obama campaign also is raising money from private equity executives on Wall Street - and hoping voters don't see that as

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Cellphone market shrank in first quarter: Gartner
Global sales of mobile phones shrank 2 percent in the first quarter due to slower demand in the Asia-Pacific region, the first year-on-year fall since 2009, research firm Gartner said on Wednesday. 'The first quarter, traditionally the strongest quarter for Asia ... saw a lack of new product launches from leading manufacturers, and users

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HTC shares tumble as patent case delays U.S. sales
U.S. sales of two new smartphones from Taiwan's HTC Corp will be delayed due to a patent dispute with Apple Inc, a fresh blow to the company as it tries to turn around declining sales in what was once its largest market. Shares in HTC tumbled more than 6 percent after it said shipments of the phones were being held up by U.S. customs

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Under Zuckerbergs Hoodie
By now the hoodie is perhaps something of a joke to Zuckerberg. For everything he has accomplished, one can almost hear him thinking, this is what people choose to focus on?From that perspective, it is easy to understand why Zuckerberg continues to wear it. More interesting, and perhaps more telling, is why the hoodie has become a flash

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Obama issues veto threat against House defense bill
President Barack Obama threatened on Tuesday to veto a defense policy bill in the House of Representatives that would authorize higher Pentagon spending and tie his hands on national security issues from nuclear arms reductions to handling war detainees. In a move that set the White House on a collision course with lawmakers in the

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Cannes film festival curtain up with comedy, chaos
Comedy will dominate the opening of the Cannes film festival on Wednesday, with Wes Anderson's child fantasy 'Moonrise Kingdom' in a tussle with Sacha Baron Cohen's anarchic alter ego General Aladeen for the attention of the world's media. Thousands of journalists and movie executives are in the glamorous Riviera resort for 12 hectic days

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Gameloft sees faster growth from second quarter on new launches
Mobile video game group Gameloft expects growth to speed up from the second quarter of 2012 as it launches a record number of smartphone games based on a money-making model which allows it to double a game's revenue over its lifespan. The French company expects sales to reach 192 million euros ($248.52 million) in 2012, compared with

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Iron-Eating Bacteria: Coming Soon to a Hard Drive Near You?
Therein lies at least part of the motivation behind biocomputing -- in which microscopic biological molecules are being recruited to play a role -- and recently scientists have identified a fresh new possibility in this area. Specifically, researchers at the UK's University of Leeds and the Tokyo University of Agriculture and
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