Twitter beefs up security safeguards after recent attacks

An illustration picture shows the logo of the Website Twitter on an Ipad, in Bordeaux

(Reuters) - Twitter Inc began introducing new technology on Wednesday to shore up security for users, responding to a spate of recent attacks on prominent accounts including those owned by the Associated Press and Financial Times. Twitter said in a blog post it has begun to introduce "login verification," a form of two-factor authentication in security industry parlance. The feature asks users to confirm their identity after a typical log-in, by sending a six-digit code to smartphones that … [Read more...]

Carmelo Anthony to get examined

Carmelo Anthony to get examined

GREENBURGH, N.Y. -- Carmelo Anthony will have his injured left shoulder re-examined by doctors in the coming days to determine the extent of damage and course of rehabilitation. "I don't think it's any major damage," Anthony said Monday after meeting with the Knicks' coaching staff for exit interviews. "But we'll see. We'll find that out shortly." Anthony first injured his shoulder on April 14 against the Indiana Pacers. He said on Monday that it affected him throughout the … [Read more...]

Google Glass Can Now Do More: Facebook, Twitter and Tumblr Apps Released for Glasses

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Google might have been mum on its much-buzzed-about glasses on day one of its big Google I/O Developer's Conference, but today the company has announced a series of new Glass-based applications. Twitter, Facebook, Tumblr and Elle magazine all unveiled new applications for the connected glasses, which overlay digital information in the physical world. The Twitter, Facebook and Tumblr options all allow Glass wearers to share their photos on the respective social networks straight from the … [Read more...]

Jackson book: MJ over Kobe

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Phil Jackson always has been hesitant to compare Michael Jordan and Kobe Bryant. Until now. In his new book, co-written with Hugh Delehanty and entitled "Eleven Rings: The Soul of Success," Jackson breaks down what separated Jordan from Bryant, the biggest stars and personalities that he coached during his Hall of Fame career. The Los Angeles Times, which received an advance copy of the 339-page book, provided some details of Jackson's Jordan and Bryant comparison. In terms of … [Read more...]

Google’s Schmidt to meet Britain’s Cameron as tax row rages

Executive Chairman of Google Eric Schmidt gestures as he speaks at Harvard University in Cambridge

(Reuters) - Google Inc's Executive Chairman Eric Schmidt is due to meet British Prime Minister David Cameron on Monday as a participant of an advisory group just days after UK lawmakers lambasted the Internet company's tax affairs. The meeting is a routine one and has been long-planned, will include other high-profile business people, and tax evasion is not on the agenda, a government source told Reuters. Google faced angry questions on Thursday from British lawmakers investigating its tax … [Read more...]

A Year After Its Debut, Facebook Still Looks Overpriced

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Is it time to buy Facebook FB +0.46% ? A year after its turbulent public debut, shares in the social-networking giant are still 31% below their offering price. Yet, with virtually no earnings over the past 12 months, Facebook's price/earnings ratio is in the stratosphere—more than 2,000-to-1, in fact—compared with just 19-to-1 for the Standard & Poor's 500-stock index. Many of Facebook's defenders try to wriggle out from this damning comparison by arguing that the … [Read more...]

LinkedIn, not Facebook, became social IPO star

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Professional social network’s stock has quadrupled since debut SAN FRANCISCO (MarketWatch) — Facebook Inc. isn’t the only social media company marking the anniversary of its public trading debut this week. LinkedIn Corp. LNKD +0.62% will celebrate the second anniversary of its initial public offering on Sunday, May 19, a day after Facebook FB +0.57% marks its first birthday as a public company. In LinkedIn’s case, “celebrate” is the appropriate … [Read more...]

Dell’s profit dives as billionaire battle rages on

A man wipes logo of Dell IT firm at CeBIT exhibition centre in Hannover

(Reuters) - Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink. The disappointing results lend weight to Michael Dell's effort. The man who started Dell from a college dorm room wants to take the world's No.3 PC maker private for $24.4 billion, arguing that its transformation into a provider of enterprise computing services, from mainly a … [Read more...]

Obama picks temporary IRS head as Tea Party decries scandal

Undated handout photo of White House Office of Management and Budget Controller Werfel

(Reuters) - President Barack Obama on Thursday chose a White House budget official to lead the beleaguered Internal Revenue Service and vowed to ensure that the tax-collection agency will not single out any more groups based on their political beliefs. Danny Werfel, who has been Obama's point man in overseeing the controversial "sequestration" budget cuts, will tackle the biggest scandal of Obama's presidency when he takes charge of the IRS on May 22. It could be a thankless job. The … [Read more...]

What Does an Angry Customer Cost?

What Does an Angry Customer Cost?

The byproducts of happy clientele are obvious. Sales rise. Stores fill. Facebook "likes" stream in. These promoters recommend the companies they like to their friends. The cost of detractors—a company’s "haters"—is less clear to many business leaders. For one thing, they may still do business with you — even though they don't like it and they make sure their friends and your employees know they don’t. By the time their irritation is evident in traditional metrics—declining sales, … [Read more...]

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