Apple CEO Cook gives up $75M in stock dividends

Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.

Alibaba.com $2.5B privatization bid approved

Web series touts funky concept snowboards

In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.

Big Brother is Watching: FBI forms a new internet-surveillance unit

SpaceX becomes the first private company to dock with the International Space Station

Grown Woman Watches 'Star Wars' for the First Time [LIVE BLOG]

Morgan Stanley may refund some Facebook investors

New Google data show Microsoft's piracy problems

Broadcasters sue Dish over ad-skipping DVR service

Broadcasters Fox, NBC and CBS sued Dish Network Corp. on Thursday over a service that offers commercial-free TV.

Facebook launches iPhone camera app

Facebook's rocky initial public offering hasn't stopped life at the world's biggest online social network. On Thursday, the company unveiled a camera app for the iPhone.

PayPal expands mobile payment service to 15 more retailers

Citi unit lost $20 million in Facebook IPO: source

HP tries to stem Autonomy exodus after founder goes

Apple CEO Tim Cook to Forgo $75 Million in Dividends

Corrected: Dish, TV networks take fight over ad zapper to judges

(Reuters) - A legal battle erupted between DISH Network and some of the major broadcast networks Thursday as the two sides traded lawsuits over the satellite distribution company's "Hopper" DVR, which threatens to bring down the television business model by allowing viewers to skip over commercials entirely. Dish Network Corp asked a Manhattan federal judge to declare that its "Auto Hop" feature does not infringe any copyright owned by the four major U.S. television networks: Walt Disney Co's ABC, CBS Corp's CBS, News Corp's Fox and Comcast Corp's NBC. ...

NJ judge: Texter not liable for driver's crash

China fund may help Alibaba in Yahoo! bid: report

China Investment Corporation is in advanced talks to add up to $2 billion to the Alibaba Internet Group's efforts to buy back a stake from struggling Internet pioneer Yahoo!, the New York Times reported.

Facebook market makers' losses at least $100 million

(Reuters) - Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical glitch delayed the social networking company's market debut by 30 minutes on Friday and many client orders were delayed, giving some investors and traders significant losses as the stock price dropped. The exchange operator is facing lawsuits from investors and threats of legal action from brokers. ...

Comcast plans to charge customers for exceeding bandwidth cap

Comcast recently announced that it may soon begin charging additional fees to broadband Internet subscribers who go over their monthly bandwidth allowances. The cable operator currently suspends customers’ service if they repeatedly go over their 250GB monthly data allowances rather than charging any penalties. Instead of capping broadband customers at 250GB per month, however, Comcast plans to raise the cap to 300GB and charge $10 for each 50GB block of data above that limit, Digital Trends reported. The change is currently being tested with select customers but if successful, the company plans to implement the change across its network. Comcast began capping data in 2008, and it claimed the measure was necessary in order to manage its network. Read

Berkeley Police Chief Defends Hunt for Son's iPhone

A California police chief under fire for using 10 investigators to search for his son’s missing iPhone  defended his actions, saying it was “worth it.” When Berkeley Police Chief Michael Meehan’s son said his iPhone was stolen from his locker at Berkeley High School in...

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Facebook IPO debacle raises investor dander

The spate of complaints and investigations over the Facebook stock offering suggests big institutions had an edge over small investors, raising questions about the process.

Apple CEO Cook gives up $75M in stock dividends

Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.

SpaceX's Dragon makes historic space station dock

SpaceX on Friday became the first commercial outfit to dock its own cargo capsule at the International Space Station, marking what experts have hailed as a new era for private spaceflight.

Project Glass spotted on more Google employees [video]

Google recently wrapped up its Google+ Photographer’s Conference in San Francisco. During the event, a number of Google employees, including co-founder Sergey Brin, wore the company’s Project Glass prototype, and even a shared a video and a photo album of point-of-view images taken with the device. The augmented reality head-mounted display prototypes are being tested outside the walls of Google’s Mountain View campus as the company continues to refine the devices. Details surround the glasses are few and far between, and it is still unclear if Project Glass will ever hit the consumer market in its current form. Point-of-view images and a video taken with Project Glass prototypes follow below. [Via Engadget] Read

NJ Assembly bans unsolicited text message ads

After just two months, new iPad share tops original

Usage of Apple’s third-generation iPad in the United States has passed the original iPad model after just over two months of availability. According to a recent report from software analytics firm Localytics, Apple’s latest iPad captured a staggering 14% of the U.S. iPad market in just four days when Apple sold more than 3 million devices during the tablet’s debut. Now, a week and two months after the third iPad launched on March 16th of this year, the new model’s share of U.S. usage topped 20% during the week of May 16th, narrowly surpassing the original model for the first time. Apple’s first iPad tablet launched in the U.S. on April 3rd, 2010 — more than two years ago —

Dell in talks to buy Quest Software: report

(Reuters) - Dell Inc is in talks to buy Quest Software Inc, the network security software maker that had earlier agreed to be acquired by Insight Venture Partners for $2 billion, Bloomberg reported, quoting sources. Quest shares were up 5 percent at $26.45 in early trading on Friday on the Nasdaq. Shares of the company, which now has a market value of $2.12 billion, gained more than a third of their value after Insight Venture's offer. Quest said earlier this month it had received multiple alternative proposals during its go-shop period following the offer from the private investment firm. ...

Google Play matures with in-app subscriptions

SpaceX Has Docked: 'Looks Like We Caught a Dragon By the Tail'

It's official: The first private mission to the International Space Station is a success. The SpaceX Dragon capsule, which blasted off on the Spacex Falcon 9 rocket Tuesday, successfully docked with the space station at 9:56 a.m. EDT, when a robotic arm grabbed it and secured it. In classic quotable NASA fashion, astronaut Don Pettit said: "Looks like we caught a Dragon by the tail." Check out NASA's live video:

Should Entrepreneurs Collect Unemployment?

Dish sued by networks over ad-skipping Auto Hop feature

CBS, Fox and NBC have independently filed lawsuits against Dish Network, claiming its new automatic commercial-deleting service Auto Hop violates copyright laws; Fox even goes as far as to state that Auto Hop is “destroying the fundamental underpinnings of the broadcast television ecosystem.” Auto Hop is a feature launched recently for Dish Network’s Hopper DVR. When enabled, the free add-on allows users to automatically skip over commercials aired during prime time shows on each of the four major television broadcast networks — ABC, CBS, Fox and NBC. Networks took issue with the feature immediately, of course, and now complaints have been filed by three of the four affected networks, BGR sister site Deadline reports. Dish has already filed its own complaint

The Small Investors Who Lost Big on Facebook's IPO

A Big Guy v. Little Guy narrative has emerged from this post-Facebook IPO fallout. We already know about the Big Guy -- Facebook and its underwriters -- but now we're starting to hear what those little guys have to say.

Stop Judging Mark Zuckerberg for His Relatively Normal Wedding

The wedding story of last weekend that took everyone by surprise was, of course, the marriage of Facebook's Mark Zuckerberg to his longtime girlfriend Priscilla Chan. We laughed, we cried, ladies wanted her dress, we all marveled at their ability to pull this off right after Facebook's IPO. How adorable!

Grown Woman Watches 'Star Wars' for the First Time [LIVE BLOG]

Ahead of the Bell: Leap Wireless price target cut

Apple dominates mobile PC world, sees big increases in smartphone market

MIT Scientists Develop a Device for Needle-less Injections

Untethered iOS 5.1.1 jailbreak for iPhone, iPad and iPod touch now available

iPhone, iPad and iPod touch users running the latest version of Apple’s iOS software now have access to full-featured untethered jailbreak software courtesy of iOS hackers Chronic Dev Team and pod2g. The software needed to perform the jailbreak, Greenpis0n Absinthe 2.0, is now available for download and is compatible with A4-powered devices like the original iPad and the iPhone 4, as well as newer A5-powered devices like the new iPad and iPhone 4S, JailbreakUntethered reports. The updated software allows users to jailbreak their newer A5-powered iOS devices without having to connect to a computer while booting, though it is not compatible with iPad 2 models powered by Apple’s newer 32-nanometer chipset. Download links for Greenpois0n Absinthe 2.0 and a how-to

Untethered iOS 5.1.1 jailbreak for iPhone, iPad and iPod touch now available [updated]

iPhone, iPad and iPod touch users running the latest version of Apple’s iOS software now have access to full-featured untethered jailbreak software courtesy of iOS hackers Chronic Dev Team and pod2g. The software needed to perform the jailbreak, Greenpis0n Absinthe 2.0, is now available for download and is compatible with A4-powered devices like the original iPad and the iPhone 4, as well as newer A5-powered devices like the new iPad and iPhone 4S, JailbreakUntethered reports. The updated software allows users to jailbreak their newer A5-powered iOS devices without having to connect to a computer while booting, though it is not compatible with iPad 2 models powered by Apple’s newer 32-nanometer chipset. Download links for Greenpois0n Absinthe 2.0 and a how-to