21/05/2013

Best Buy reports 1Q loss on restructuring costs

(AP)—Best Buy Co. on Tuesday reported a loss for its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.

Apple's Cook faces Senate questions on taxes (Update)

The Senate dragged Apple Inc., the world's most valuable company, into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. ...

Internet cable from Cuba to Jamaica comes online

A new branch of the Venezuela-to-Cuba undersea fiber-optic cable has reportedly come online, linking the island to nearby Jamaica, increasing Cuba's potential international communications bandwidth and providing a backup ...

Microsoft touts Xbox One as all-in-one entertainment (Update 4)

Microsoft thinks it has the one. The company unveiled the Xbox One, an entertainment console that wants to be the one system households will need for games, television, movies and other entertainment. It will go on sale later ...

Poll: Teens migrating to Twitter (Update)

Twitter is booming as a social media destination for teenagers who complain about too many adults and too much drama on Facebook, according to a new study published Tuesday about online behavior. It said teens are sharing ...

Villagers discover ancient ball game statue in Mexico

Villagers installing a water pipe in southwestern Mexico stumbled onto an ancient granite statue depicting a player from a pre-Hispanic ball game, the national anthropology institute said Monday.

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