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| June 27, 2019

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LA Times Archives - Page 1245 of 1400 -

The war for mobile messaging is on

May 11, 2013 |

Start-up mobile messaging apps have surged, displacing traditional SMS texts. Silicon Valley titans such as Google and Facebook want in on the action.

SAN FRANCISCO — WhatsApp is one of Silicon Valley’s most buzzed-about companies, yet it actively avoids the spotlight, operating out of a small office in Mountain View, Calif., with no sign on the building entrance or on the office door.

    


L.A. Times – Business

J.C. Penney woes may persist as Best Buy rebounds

May 11, 2013 |

The retailers’ roads may be diverging: Best Buy’s 1st-quarter results are expected to show a continuing recovery while J.C. Penney’s are forecast to be dismal.

For a while, J.C. Penney and Best Buy seemed to be doppelgangers.

    


L.A. Times – Business

Neurotech industry puts its mind to video games

May 11, 2013 |

A recent expo highlights the possibilities — and limitations so far — of controlling technology with brain waves.

Fly toy helicopters with your mind. Be a DJ and shift musical tracks based on how you feel. Wiggle robotic cat ears by increasing your state of calm.

    


L.A. Times – Business

5% rate hike OKd for Southern California Gas customers

May 11, 2013 |

The increase, which is retroactive to 2012, will raise monthly bills an average of $ 1.94 and will be used boost pipeline safety and reliability.

Almost 21 million residential customers of Southern California Gas Co. will see their monthly bills increase by about 5%, or $ 1.94, now that state utility regulators have approved a four-year plan to guarantee revenue collected by the nation’s largest natural gas distribution network.

    


L.A. Times – Business

Bernanke says Fed increasing financial monitoring

May 10, 2013 |

The Federal Reserve has broadened its oversight beyond banks to the ‘shadow banking’ system, asset markets, even the nonfinancial sector, its chairman says.

WASHINGTON — The Federal Reserve has broadened its oversight beyond banks and now monitors a wide range of financial institutions that could hasten another financial crisis, Chairman Ben S. Bernanke said Friday.

    


L.A. Times – Business

Abercrombie & Fitch chief’s ‘cool kids’ comments draw outrage

May 10, 2013 |

Abercrombie & Fitch, the clothing retailer, has caught flak in recent days for controversial comments made in 2006 by its chief executive.

    


L.A. Times – Business

Stocks waver in early trading on Wall Street

May 10, 2013 |

Stock indexes are little changed in early trading on Wall Street but the market is still on track to post solid gains for the week.

    


L.A. Times – Business

Developers buy Rhythm & Hues’ ex-headquarters in El Segundo

May 10, 2013 |

The property — three buildings on six acres — is sold for $ 25 million to Rockwood Capital and Marshall Property & Development.

The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $ 25 million to real estate developers who plan to upgrade it and turn it into an office campus for creative firms.

    


L.A. Times – Business

Global cyber-gang steals $45 million from ATMs in just hours

May 10, 2013 |

Seven people are arrested in the U.S. The apparent ringleader is found dead in the Dominican Republic.

NEW YORK — A worldwide gang of criminals stole a total of $ 45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday — and outmoded U.S. card technology may be partly to blame. 

    


L.A. Times – Business

Global criminal ring drains $45 million from ATMs in hours

May 10, 2013 |

Thieves make withdrawals after hacking into a database of prepaid debit cards. Seven arrests have been made in the U.S.

A worldwide gang of criminals stole a total of $ 45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said.

    


L.A. Times – Business