NEWS
May 22, 2012 | Barbara Ortutay and Pallavi Gogoi, AP Business Writers
Facebook was supposed to soar. Instead, it plunged. After the social network's stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied. The downward spiral has left some people sitting on big losses, and others scratching their heads. After all, nothing fundamental has changed at Facebook in the days since the much-hyped company came to the stock market — Facebook still has more than 900 million users, its 28-year-old founder Mark Zuckerberg controls the company, and it is still one of the few...
BUSINESS
May 18, 2012 | Karen Matthews, Associated Press
Ultra-Orthodox Jews who believe that the Internet threatens their way of life have rented the New York Mets' stadium for an unprecedented gathering on how to use modern technology in a religiously appropriate way. More than 40,000 ultra-Orthodox Jewish men plan to pack Citi Field for Sunday's gathering on the dangers of the Internet, and organizers have also rented the nearby Arthur Ashe Stadium for the overflow crowd. "It's going to be inspiration and education about using technology responsibly in accordance with Jewish...
BUSINESS
May 21, 2012 | Andrea Rodriguez, Associated Press
It was all sunshine, smiles and celebratory speeches as officials marked the arrival of an undersea fiber-optic cable they promised would end Cuba's Internet isolation and boost web capacity 3,000-fold. Even a retired Fidel Castro had hailed the dawn of a new cyber-age on the island. More than a year after the February 2011 ceremony on Siboney Beach in eastern Cuba, and 10 months after the system was supposed to have gone online, the government never mentions the cable anymore, and Internet here remains the slowest in the hemisphere.
NEWS
February 17, 2012
Poland's prime minister says his country will not ratify an international copyright agreement that has infuriated Internet users and acknowledged he was wrong to have ever supported it. The move marks a victory for grass-roots activists who have been waging protests for weeks against the Anti-Counterfeiting Trade Agreement, or ACTA, a treaty aimed at fighting international property theft. The critics say it would violate freedom of expression and privacy on the Internet. Prime Minister Donald Tusk said Friday that although Poland signed the treaty last month it...
BUSINESS
December 27, 2005 | Associated Press
NEW YORK -- Joining the trend of TV shows migrating to the Internet, a pair of episodes from the CBS comedies "Two and a Half Men" and "How I Met Your Mother" are being offered for free video streaming this week from the Yahoo website. Available through next Monday, the half-hour shows will be available without commercials, CBS and Yahoo said. It is the first time that Yahoo is streaming episodes of a CBS television series in their entirety. With the recent introduction of Apple's video iPod, ABC began making available reruns of series including "Desperate Housewives" for download to...
NEWS
March 17, 2005 | Associated Press
WASHINGTON -- A multibillion-dollar program that links schools and libraries to the Internet has weak federal oversight, congressional auditors have found. The $2.25 billion-a-year "E-rate" program provides discounted Internet access and equipment to help expand Internet availability, particularly for people in poor and remote areas. Yet repeated cases of fraud and abuse, both by schools and libraries that get the money and by companies that provide the services, have drawn the ire of Congress.