Business news

• Microsoft raises dividend, plans $40 billion share buyback

  20-09-2016 23:54 via news.yahoo.com
  
  (Reuters) - Microsoft Corp on Tuesday raised its quarterly dividend by 8 percent and said it would buy back up to $40 billion as part of a new share repurchase program. The new buyback program has no expiration date and may be terminated at any time, the company said on Tuesday. The company also said it was on track to complete its current $40 billion stock repurchase program by Dec. 31.
  
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• Samsung will have 500,000 Galaxy Note 7 replacements in stores Wednesday

  20-09-2016 23:43 via cnet.com
  
  The company also says 25 percent of US customers have exchanged their potentially explosive devices for new models, up from 13 percent last week.
  
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• Denon HEOS and Amazon Alexa voice control combine forces

  20-09-2016 23:40 via cnet.com
  
  Denon says it is working with Amazon to enable Alexa voice control of HEOS multiroom speakers by early 2017.
  
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• Full Hanjin ship can not dock because there's no plan to leave

  20-09-2016 23:37 via news.yahoo.com
  
  The predicament of the Hanjin Miami, one of 10 U.S.-bound ships stranded by the Hanjin bankruptcy, illustrates one way that disputes over ships, ocean containers and even truck trailers to haul the shipping boxes have stranded at sea some $14 billion of goods around the world. Hanjin has the money to dock its Hanjin Miami, Federal Maritime Commissioner William Doyle, whose agency regulates international shipping, told an industry event on Friday.
  
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• EC competition official: no new wave of U.S. tax probes

  20-09-2016 23:19 via news.yahoo.com
  
  By David Morgan WASHINGTON (Reuters) - The European Union's competition regulator said on Tuesday she is not about to launch a new wave of tax investigations against U.S. companies after last month's 13 billion-euro ($14.5 billion) decision against Apple Inc . Fears of a new round of EU state aid probes were triggered by a tweet that EU Competition Commissioner Margrethe Vestager sent over the weekend. "I don't think that was the suggestion," Vestager said in an interview, when asked if her twee
  
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• Epic real-life Space Invaders game uses drones, motorized seat and lasers

  20-09-2016 23:15 via cnet.com
  
  Makers at Israel's GeekCon whip up a version of a classic arcade game that puts players in the center of an alien invasion while still maintaining the 8-bit kitsch.
  
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• Senate Republicans seek probe of EpiPen oversight

  20-09-2016 22:59 via news.yahoo.com
  
  By Brendan Pierson NEW YORK (Reuters) - Mylan NV faced new scrutiny over price hikes for its anti-allergy EpiPen on Tuesday, with U.S. lawmakers calling for a probe of oversight of the company’s rebates to government healthcare plans, while West Virginia said it was investigating whether Mylan defrauded its Medicaid department. Mylan is grappling with a growing backlash from U.S. consumers, lawmakers and prosecutors over EpiPen prices, which have risen from about $100 in 2007 to more than
  
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• Ex-President George W. Bush dips toe into U.S. trade debate

  20-09-2016 22:41 via news.yahoo.com
  
  By David Lawder DALLAS (Reuters) - Former U.S. President George W. Bush on Tuesday entered the debate over the Trans-Pacific Partnership, hosting a forum at his presidential library extolling his successor's Asian free trade deal. Bush, who signed several such accords during his two terms in office, met with U.S. Trade Representative Michael Froman before the event to promote the strategic benefits of the agreement. President Barack Obama is still pushing for Congress to approve the 12-country T
  
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• Microsoft launches $40 billion buyback program, raises dividend

  20-09-2016 22:38 via news.yahoo.com
  
  (Reuters) - Microsoft Corp said on Tuesday it would buy back up to $40 billion as a part of a new share repurchase program and raised its dividend by 8 percent. The company raised its dividend to 39 cents per share, up 3 cents from the previous quarter. Microsoft's shares were up 1 percent at $57.41 in extended trading on Tuesday.
  
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• MIT gizmo peeps at your heart's desires with wireless signals

  20-09-2016 22:35 via cnet.com
  
  Researchers with the famed tech school's Computer Science and Artificial Intelligence Lab might not know what you're thinking, but they know how you feel about it.
  
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• Wall Street ends flat with Fed, BOJ up next

  20-09-2016 22:27 via news.yahoo.com
  
  The Bank of Japan is expected to further ease its ultra-loose policies, according to a Reuters poll of economists. "Not many think the Fed is going to hike tomorrow, but whether they change the language to get a little more hawkish, there’s been conversation around that," said Walter Todd, chief investment officer at Greenwood Capital in Greenwood, South Carolina. The Dow Jones industrial average rose 9.79 points, or 0.05 percent, to 18,129.96, the S&P 500 gained 0.64 points, or 0.03 p
  
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• Taste the rainbow of Skittles memes, thanks to Trump son's tweet

  20-09-2016 22:26 via cnet.com
  
  From the serious to the sugary and silly, reactions have started a candy-coated conversation.
  
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• IEX plans corporate listings on 'Flash Boys' exchange in 2017

  20-09-2016 22:16 via news.yahoo.com
  
  IEX Group, the newest U.S. equities exchange operator, is actively courting companies to list their stocks on its exchange, according to a letter sent to potential listing clients that was obtained by Reuters. The New York-based company, which was featured in Michael Lewis's book "Flash Boys: A Wall Street Revolt," will challenge Intercontinental Exchange Inc's New York Stock Exchange and Nasdaq Inc for corporate listings. "Flash Boys" followed the exchange's founders as they built what they saw
  
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• Obama: Social media explosion has given power to the powerless

  20-09-2016 22:12 via cnet.com
  
  When President Obama and UN Secretary General Ban Ki-moon came into power, the mobile Internet and social media were still in their infancy.
  
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• The iPhone 7 costs Apple more than you think

  20-09-2016 22:04 via cnet.com
  
  According to a new teardown from IHS Markit, the cost to make the device jumped about 18 percent compared with last year's model.
  
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• Accenture announces creation of an editable blockchain, but Bitcoin users need not worry

  20-09-2016 22:02 via techrepublic.com
  
  With the help of cryptologist Dr. Giuseppe Ateniese, Accenture has discovered a way to edit blockchains. Bitcoin enthusiasts can relax: It has a completely different use.
  
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• Shell moving out of downtown complex but to remain in Houston

  20-09-2016 21:49 via news.yahoo.com
  
  HOUSTON (Reuters) - Shell Oil Co, the U.S. arm of Royal Dutch Shell Plc, plans to move most of the operations at its company's downtown headquarters to new offices on the city's west side, Shell announced to employees on Tuesday.
  
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• Senators push Wells Fargo CEO on pay clawbacks after bogus accounts

  20-09-2016 21:48 via news.yahoo.com
  
  Chief Executive Officer John Stumpf told the Senate Banking Committee on Tuesday that customers who had bogus accounts opened in their name will be made whole and compensated for any damage to their credit rating, but some Democratic senators called for his resignation. Under fire, Stumpf said he has told his managers to do "whatever it takes" to make customers whole, refunding fees or compensating them for damage to their credit ratings. The Consumer Finance Protection Bureau has proposed a ban
  
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• Is tech killing workplace productivity?

  20-09-2016 21:38 via techrepublic.com
  
  Workplace productivity dropped over the last three quarters, and some economists blame social media and lack of innovative tech solutions. Here's what your company needs to know.
  
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• West Virginia investigating Mylan over EpiPen pricing

  20-09-2016 21:31 via news.yahoo.com
  
  The state of West Virginia is investigating whether Mylan NV violated antitrust law or defrauded the state's Medicaid program in connection with its EpiPen device. West Virginia Attorney General Patrick Morrisey disclosed the investigation on Tuesday, announcing he had petitioned a state court to order Mylan turn over documents related to EpiPen in response to a subpoena his office issued in August. Mylan, which has raised the U.S. price for a pack of two EpiPens from less than $100 when it acqu
  
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• Helicopter tangles with cow. Cow wins

  20-09-2016 21:22 via cnet.com
  
  A helicopter pilot in Australia ends up in a scary situation after a close encounter with a cow.
  
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• Harrowing 'Passengers' trailer goes from space romance to space disaster

  20-09-2016 21:19 via cnet.com
  
  Love and technology-gone-wrong highlight the dramatic new trailer for upcoming space flick "Passengers."
  
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• Why, yes, the Nokia 216 phone is from Microsoft

  20-09-2016 21:15 via cnet.com
  
  Microsoft's sale of its feature phone business isn't a done deal just yet.
  
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• Brangelina divorce: Life lessons we learned from the social media reaction

  20-09-2016 21:15 via cnet.com
  
  News of Brad Pitt and Angelina Jolie breaking up has predictably blown through social media like a storm of pity and schadenfreude. Here are five early lessons we can take away.
  
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• U.S. consumer protection agency fields nearly one million complaints

  20-09-2016 20:44 via news.yahoo.com
  
  A leading consumer protection agency has fielded nearly 1 million complaints in a database that helped investigate client abuse at Wells Fargo, the head of the agency told lawmakers on Tuesday. Richard Cordray, director of the Consumer Financial Protection Bureau, said the agency expects to reach 1 million complaints by the end of the week. "I think (it will be) Thursday," Cordray told the Senate Banking Committee of complaints to the public database that was a tool for investigating customer ab
  
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• CMO, not CIO, leads digital transformation, says new report

  20-09-2016 20:42 via techrepublic.com
  
  A new report from Altimeter explains the biggest initiatives for digital transformation in the enterprise, and shows that customer experience is its biggest driver.
  
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• 11 wireless earbud headphones that aren't the Apple AirPods

  20-09-2016 20:41 via cnet.com
  
  If you aren't ready to pick up the Apple AirPods and hitch yourself to the Apple wagon, check out this roundup of wireless earbud alternatives.
  
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• Tinder and Spotify hook up for musical matches

  20-09-2016 20:33 via cnet.com
  
  Good news for music snobs. Tinder will show you your potential date's Spotify preferences.
  
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• Apple files patent application for a better paper bag

  20-09-2016 20:14 via cnet.com
  
  The legendary tech powerhouse's latest idea apparently is revamping the shopping bag.
  
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• 6 ways Apple's new smart home app succeeds (and 5 ways it still needs work)

  20-09-2016 20:08 via cnet.com
  
  After a week with the new iOS 10 app, we lay out the best and worst of Apple's Home.
  
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• VW's Audi head questioned over emissions scandal

  20-09-2016 20:04 via news.yahoo.com
  
  The head of Volkswagen's luxury car division Audi has been questioned by investigators looking into the company's emissions scandal, VW Chief Executive Matthias Mueller said on Tuesday. Mueller told reporters at an event in Hanover that Audi boss Rupert Stadler had been questioned but declined to give details. Earlier, Spiegel magazine reported that experts from U.S. law firm Jones Day, which was tasked by Audi last year to investigate the scandal, would question Stadler about when he found out
  
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• ​SanDisk shows off 1-terabyte flash memory card

  20-09-2016 20:04 via cnet.com
  
  The Extreme Pro SDXC card prototype isn't on sale yet but it could appeal to videographers shooting a lot of high-resolution 4K video.
  
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• Gamers get paid to fight each other at this weekly e-sports tournament

  20-09-2016 20:02 via cnet.com
  
  Think you have what it takes to be an e-sports pro? There's a place in Southern California where you can test your skills (and maybe win some cash and prizes).
  
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• McAfee's MGT sinks 21 percent after NYSE refuses share listing

  20-09-2016 20:01 via news.yahoo.com
  
  By Noel Randewich SAN FRANCISCO (Reuters) - Shares of MGT Capital Investments , led by anti-virus software pioneer John McAfee, dropped 21 percent on Tuesday after it said the New York Stock Exchange denied approval of the listing of shares for a planned merger with anti-spyware company D-Vasive Inc. The steep plunge in MGT brings its losses over two days to about 40 percent after the company said on Monday it had received a subpoena from the U.S. Securities and Exchange Commission. In May, MGT
  
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• What is your idea of the perfect Google phone? (The 3:59, Ep. 109)

  20-09-2016 19:54 via cnet.com
  
  We also discuss Comcast getting into the wireless business and whether Brexit will affect tech spending in London.
  
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• SEC investigating Exxon over accounting practices-CNBC, citing Dow Jones

  20-09-2016 19:44 via news.yahoo.com
  
  The regulator is also exploring how the company valued its assets in the wake of the oil price crash, according to the tweet. A more than 60 percent drop in oil prices has forced many integrated oil producers around the world to write down the value of their assets. Exxon is the only major exception.
  
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• How to install openSUSE as a headless server

  20-09-2016 19:24 via techrepublic.com
  
  Make room in your data center for a headless Linux server. Here's how to install openSUSE headlessly.
  
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• Stephen Poloz's advice to retirement savers: plan for low rates to last

  20-09-2016 19:22 via cbc.ca
  
  The governor of the Bank of Canada says Canadians must be ready to readjust their retirement expectations in the face of continuing 'ultra-low' interest rates.
  
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• Under Senate fire, Wells Fargo CEO promises to make customers whole

  20-09-2016 19:20 via news.yahoo.com
  
  Wells Fargo & Co's chief executive officer told a Senate panel on Tuesday that customers who had bogus accounts opened in their name will be made whole and compensated for any damage to their credit rating, but some Democratic senators called for his resignation. Under fire, CEO John Stumpf told the Senate Banking Committee he has told his managers to do "whatever it takes" to make customers whole, refunding fees or compensating them for damage to their credit ratings. The Consumer Finance P
  
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• Donald Trump Quotes: 49 Controversial Things Said By The Republican Nominee With 49 Days Until Election Day

  20-09-2016 19:18 via ibtimes.com
  
  As of Tuesday, we're now about 49 days away from Nov. 8. The presidential election is almost certainly coming down to a choice between Democratic nominee Hillary Clinton and Donald Trump, who has turned the entire election process upside down with his unprecedented embrace of harsh rhetoric against nearly every voting demographic other than white men.
  
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• Tinder Dating Tips For Music Lovers: Tinder And Spotify Launch Anthem To Help Users Find Their Music Match

  20-09-2016 19:16 via ibtimes.com
  
  It looks like Tinder and Spotify are hooking up now. 
  
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• HTC Ocean concept video has its moment

  20-09-2016 19:13 via cnet.com
  
  A designer's video stirs thoughts of what the phone maker might be up to.
  
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• Over 400,000 sensitive healthcare records leaked on the Dark Web

  20-09-2016 19:11 via techrepublic.com
  
  Ransomware is a fast-growing digital threat. Cybersecurity expert Mark Turnage explains how companies large and small can find data on the Dark Web and protect themselves from an attack.
  
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• Brad Pitt, Angelina Jolie Release Separate Statements On Divorce; Speak Out About Kids During Breakup

  20-09-2016 19:11 via ibtimes.com
  
  Brad Pitt has released a statement on his divorce, confirming that he has split from wife Angelina Jolie. The statement was made to People magazine:
  “I am very saddened by this, but what matters most now is the wellbeing of our kids. I kindly ask the press to give them the space they deserve during this challenging time.”
  
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• Fed policymakers begin two-day meeting, decision due on Wednesday

  20-09-2016 19:10 via news.yahoo.com
  
  WASHINGTON (Reuters) - Policymakers at the Federal Reserve started a two-day policy meeting on Tuesday at 1 p.m. EDT, a Fed official said.
  
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• 'Mass Effect: Andromeda' Ryder Will Have A Default Name, PS4 Trophies Teased By BioWare

  20-09-2016 19:09 via ibtimes.com
  
  “Mass Effect: Andromeda’s” devs at BioWare continue to tease aspects of their unreleased game. In recent tweets, hints were dropped about Ryder’s name and PS4 trophy support.
  
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• Angelina Jolie-Brad Pitt Divorce: Watch ‘Mr. & Mrs. Smith’ And More Of Their Movies Online

  20-09-2016 19:05 via ibtimes.com
  
  Angelina Jolie and Brad Pitt’s real-life marriage apparently wasn’t made to last, but their big screen relationships will live on. Pitt and Jolie played married couples in two very different movies, “Mr. And Mrs. Smith” and “By the Sea.” If you’re looking to watch either of those movies while mourning their divorce, you won’t be able to find them on Netflix.
  
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• Who Killed JonBenét Ramsey? Burke Ramsey Shares His Thoughts During Final ‘Dr. Phil’ Interview

  20-09-2016 19:04 via ibtimes.com
  
  The years since JonBenét Ramsey’s death have been shrouded in confusion and speculation. Her brother Burke Ramsey — once thought to be the primary suspect in the murder investigation — believes the case is not as tough to crack as it’s been painted.
  
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• Wall Street rises on gains in healthcare stocks; Fed eyed

  20-09-2016 18:57 via news.yahoo.com
  
  Investors are also keeping an eye on the Bank of Japan's policy meeting that ends on Wednesday. "Investors have become more comfortable knowing that a Fed rate hike decision will be put off until future meetings, but there is more uncertainty with what Japan will do," said Paul Springmeyer, investment managing director at the Private Client Group, U.S. Bank in Minneapolis, Minnesota. "I think (housing data) helps solidify the position for the Fed to hold rates," Springmeyer said.
  
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• How to clear corrupt Google Chrome sync data

  20-09-2016 18:55 via techrepublic.com
  
  If you have a corrupted bit of Chrome sync data, follow these steps to resolve that frustrating issue.
  
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