NEW YORK (Reuters) - The popularity of electronic books is increasing in the United States, with nearly one-quarter of American bibliophiles reading e-books, according to a survey released on Thursday.The number of e-readers aged 16 years and older jumped from 16 percent in 2011 to 23 percent this year, while print readers fell from 72 to 67 percent in 2012, in a survey conducted by the Pew Research...
China tightens Internet controls, legalizes post deletion
Labels: technology
BEIJING (Reuters) - China unveiled tighter Internet controls on Friday, legalizing the deletion of posts or pages which are deemed to contain "illegal" information and requiring service providers to hand over such information to the authorities for punishment.The rules signal that the new leadership headed by Communist Party chief Xi Jinping will continue muzzling the often scathing, raucous online...
Sri Lanka arrests 100 Chinese for cyber fraud, police say
Labels: technology
COLOMBO (Reuters) - Sri Lanka on Saturday arrested at least 100 Chinese nationals accused of an internet fraud scheme targeting people in their home country, a police spokesman said.The accused, all in Sri Lanka on tourist visas, are suspected of hacking into computers in China and then demanding their owners transfer them money, police spokesman Prishantha Jayakodi told Reuters.Chinese police requested...
Jan
09
World stocks rise as Alcoa sees stronger demand
Labels: Business
BANGKOK (AP) — World stock markets rose Wednesday after the fourth-quarter earnings season got off to a positive start in the U.S. with aluminum giant Alcoa forecasting higher demand for 2013.Demand for aluminum has been hurt by the weak global economy, but Alcoa predicted a 7 percent increase in demand this year, slightly better than the 6 percent increase in 2012. Because Alcoa makes aluminum for...
Futures rise as earnings season begins in the US
Labels: Business
NEW YORK (AP) — Stock futures are rising after a pair of U.S. companies opened the earnings season with a surprisingly strong start.Dow Jones industrial futures are up 13 points to 13,280. The broader S&P futures have added 0.80 points to 1,435.10. Nasdaq futures are up 0.25 points to 2,714.25.After markets closed Tuesday, Alcoa predicted rising demand for its aluminum this year and topped revenue...
Stocks open higher for first day in three
Labels: Business
NEW YORK (AP) — Stocks rose on Wall Street in early trading Wednesday after U.S. corporate earnings reports got off to a strong start.The Dow Jones industrial average rose 75 points to 13,403 after the first hour of trading. The Dow is coming off of two days of losses.The Standard & Poor's 500 index rose six to 1,463 and the Nasdaq composite rose 16 to 3,108.Alcoa predicted rising demand for...
Jan
08
Saban quickly turns to challenges of 2013 season
Labels: Sports
FORT LAUDERDALE, Fla. (AP) — It's becoming a familiar January scene for Nick Saban.The Alabama coach plastered a smile on his face for a series of posed photos next to the various trophies awarded to college football's national champions and then proceeded to talk about the challenges facing his team.Maybe Saban let the Gatorade dry from the celebratory drenching before thinking about the 2013 season....
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