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Yahoo! News: Technology News

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Study: Online banking possibly dicier than assumed (AP)
AP - Many banks are unwittingly training their online customers to take risks with their passwords and other sensitive account information, leaving them more vulnerable to fraud, new research shows.

Review: TextBuyIt fun, easy to use, but limited (AP)

A text message showing book prices received via Amazon.com Inc.'s TextBuyIt shop-by-cell phone service is shown in New York, Wednesday, July 23, 2008.  If you're in a store and want to compare prices on something that seems appealing, you can text the item's name or bar code number to '262966,' which corresponds with 'AMAZON' on the phone keypad. Then the service sends back matching items available for sale on Amazon. (AP Photo/Dan Goodman)AP - TextBuyIt, a recently launched shop-by-cell phone service from Amazon.com Inc., seemed like the ultimate comparison shopping tool — perfect for an unabashed bargain hunter like myself.


Yahoo CEO remains upbeat despite lackluster 2Q (AP)

A laptop is seen under the logo of Yahoo at a trade fair in Dusseldorf. Struggling Internet pioneer Yahoo reported on Tuesday that its second-quarter profit slipped to 131 million dollars and called on investors to have faith in better times ahead.(DDP/AFP/File/Michael Gottschalk)AP - With Microsoft's $47.5 billion takeover bid off the table and his company's stock price down 20 percent during his 13-month reign as Yahoo's CEO, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look.


Yahoo shares rise despite lackluster 2Q earnings (AP)
AP - Yahoo Inc. shares moved higher Wednesday even after the company reported a drop in earnings and missed Wall Street's forecasts.

IAC to take $170 million charge for mortgage, real estate units (CNET)
CNET - The bad news for the lending crisis has rippled further on the Web.

Google Opens Doors to Knol (PC World)
PC World - Google has launched its Knol online encyclopedia.

Qualcomm patent ruled invalid in German Nokia case (Reuters)

A view of one of Qualcomm's many buildings in San Diego, California, July 22, 2008. Investors in Qualcomm, already expecting strong quarterly results July 23 for the wireless chip and technology supplier, will likely be focusing on its current quarter forecasts and its court case with Nokia in Delaware on the same day. REUTERS/Mike BlakeReuters - The German Federal Patent Court ruled on Wednesday that a Qualcomm Inc GSM patent asserted in a case against the world's top cell phone maker Nokia (NOK1V.HE) was invalid.


Vodafone announces 1.0-billion-pound shares buy-back (AFP)

A man speaking on his cellphone walks past a Vodafone sign. British mobile phone giant Vodafone said Wednesday it would repurchase shares worth 1.0 billion pounds (1.3 billion euros, 2.0 billion dollars) and stressed that it was undervalued.(AFP/File/John Macdougall)AFP - British mobile phone giant Vodafone said Wednesday it would repurchase shares worth 1.0 billion pounds (1.3 billion euros, 2.0 billion dollars) and stressed that it was undervalued.


Ubuntu founder urges Linux desktop to rival Apple (InfoWorld)
InfoWorld - Ubuntu Linux Founder Mark Shuttleworth urged development of a Linux desktop to rival what Apple has done in this space and aired a vision of software changing the world.

Cisco to Buy Home-network Software Vendor (PC World)
PC World - Cisco announced plans to acquire Pure, a home networking software company, for $120 million.

Waiters pick up part of LongHorn's labor costs (AP)

A Longhorn Steakhouse restaurant is seen Monday, July 21, 2008, in Hamilton, N.J.  After Darden Restaurants Inc. bought LongHorn for $1.19 billion in October, it instituted what it calls 'a more disciplined' tip-sharing plan — a policy servers say is cutting their earnings.  (AP Photo/Mel Evans)AP - With the cost of everything from air conditioning to whipped cream rising, many restaurants have been raising prices. LongHorn Steakhouse is passing on part of the tab to its servers.


Microsoft Opens Xbox 360 To Outside Game Creators (NewsFactor)
NewsFactor - Microsoft is opening the Xbox 360 to third-party software creators in a bold attempt to dramatically expand the number of games available on its platform. The goal is to give gaming aficionados far more choices than rivals Sony and Nintendo are offering.

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