After Microsoft withdrew its $33-a-share offer for Yahoo on Saturday, the question was how far Yahoo’s stock would drop. On Monday, the markets gave an initial answer: plenty.
At 12:20 p.m., Yahoo’s shares were off about 14 percent, at $24.65, after closing at $28.67 on Friday — a day when the companies were said to be escalating their talks on a merger. The shares recovered some ground after losing about 20 percent at the start of Monday’s trading.
Microsoft’s own shares edged up slightly, to $29.34, from their Friday close of...
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Twitter may soon dump the application framework in favor of Java or PHP, according to TechCrunch.
Twitter has been struggling with scaling issues. The group messaging site’s once-frequent problems with downtime have lessened, but it still experienced a caching problem a week ago that made the service virtually useless for an entire weekend. The company may have decided that if it wants to continue growing — without risking further outages that would hurt said growth — Rails wasn’t going to cut it.
These rumors come little more...
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The Sarcos XOS exoskeleton is a thing of beauty, terror and every little boys dreams. Sarcos have been developing exoskeleton’s for the military for seven years now and since Raytheon bought them up in November things seem to have gone full speed ahead with announcements it will be field tested sometime next year. Capable of lifting 200lb weights with ease, the exoskeleton isn’t just only a funky suit but also a potential side-kick - when the user steps out of the suit it has the potential to become a fully autonomous robot.
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Microsoft has launched a technical preview of its new Live Mesh service, which is basically combines remote desktop, online storage, and file synchronization services. Right now the service is available for Windows XP and Vista, but eventually support will be added for OS X, mobile phones, and other devices. And when we say "available," we mean Microsoft allowed 10,000 people to sign up for the first round of testing. All of those slots are full, but you can sign up for the waiting list.
Live Mesh lets you choose folders and files on your...
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To great fanfare last year, the Army deployed three machine gun-armed Sword ground robots to Iraq, promising they would see combat "soon." But just a few months later, the Swords were sent packing. How come? Popular Mechanics knows why:
The Army’s Program Executive Officer for Ground Forces, Kevin Fahey, was asked what happened to SWORDS. After all, no specific reason for the 11th-hour withdrawal ever came from the military or its contractors at Foster-Miller. Fahey’s answer was vague, but he confirmed that the robots never opened fire...
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Who would've thought a generic domain name would still have the capacity to pull in big bucks? Chris Clark, the seller of "Pizza.com," seemed a bit in shock after he managed to rake in $2.6 million from the auction of the domain name.
"It's crazy, it's just crazy," he told the Baltimore Sun after the close of the auction on Thursday.
Clark, who owns a software company, registered the Pizza.com domain name 14 years ago for just $20. Nothing fruitful ever really came of the domain, so he sat on it for a while, and then he and a friend...
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In order to prevent defaults on car loans, many dealerships are turning to a new device called On Time. The small electronic box — which is mandatory is some car deals — is installed under the dash of the car and helps to ensure that car payments are made on time. As the payment date approaches, the box flashes its lights, and on the date the payment is due, emits a beep.
If the buyer fails to make the payment, the device prevents the car from starting. But if the buyer makes the payment on time, they are given a six-digit code to enter...
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