AP Technology NewsBrief at 9:34 a.m. EST
(Associated Press Via Acquire Media NewsEdge) SKorea's porn fight 'like shoveling in a blizzard'SEOUL, South Korea (AP) _ Moon Tae-Hwa stares at his computer, dizzy and nauseous from the hours of porn he's viewed online while his wife and children slept. He feels no shame _ only a righteous sense of mission. "I feel like I'm cleaning up dirty things," the devout Christian and family counselor said.
STMicroelectronics to exit Ericsson joint ventureGENEVA (AP) _ Europe's largest chipmaker, STMicroelectronics NV, said Monday it plans to exit its money-losing joint venture ST-Ericsson, as it struggles to manage a downturn in global demand. Swiss-based STMicroelectronics said it is negotiating "exit options" from ST-Ericsson, its joint venture with Swedish telecommunications company Ericsson. It has already started working on leaving the venture, and expects the move to be complete during next year's third quarter.
'Walking Dead' wins game of the year at Spike VGAsLOS ANGELES (AP) _ "The Walking Dead: The Game" took a bite out of the Spike Video Game Awards. Telltale Games' interactive episodic series based on the zombie comic book franchise was selected as game of the year at Friday's extravaganza, which honors outstanding achievements in the video game industry over the past year.
Super-clear format can puncture 'Hobbit' fantasyLOS ANGELES (AP) _ One thought struck me as I watched the new "Hobbit" movie in the latest super-clear format: "The rain looks fake. It's not hitting their faces!" That is just one consequence of filmmaker Peter Jackson's decision to shoot his epic, three-part "Lord of the Rings" prequel with a frame rate of 48 images per second, double the 24 that cinemagoers have experienced for the past century.
Why is Wall Street losing its appetite for Apple SAN FRANCISCO (AP) _ This holiday season is shaping up to be a record-breaking period for Apple as shoppers snap up iPhones and iPads. So, why is the world's most valuable company losing its luster with investors Apple began selling the iPhone 5 on Sept. 21, the same day the company's stock hit an all-time peak of $705.07 per share. Since then, the stock has plunged nearly 25 percent, trimming the company's market value by more than $150 billion. On Friday, the stock fell almost 3 percent and closed at $533.25.
Apple's softer side emerges under CEO CookNEW YORK (AP) _ "Those jobs aren't coming back." That's what Steve Jobs reportedly told President Obama when asked at a dinner in early 2011 whether Apple would consider moving some of its manufacturing from China to the United States.
Cisco grabs for 'No. 1 IT company' crownNEW YORK (AP) _ Cisco Systems Inc. isn't content to be the world's largest maker of computer networking gear. It says it wants to become the "No. 1" supplier of information technology to big businesses by broadening its offerings of services and software. But when Cisco says "No. 1 IT company," it doesn't mean that it's going to be the biggest-selling company. That goal is out of reach, as IBM Corp.'s revenue is twice that of Cisco.
Apple to produce line of Macs in the US next yearNEW YORK (AP) _ Apple CEO Tim Cook says the company will move production of one of its existing lines of Mac computers from China to the United States next year. Industry watchers said the announcement is both a cunning public-relations move and a harbinger of more manufacturing jobs moving back to the U.S. as wages rise in China.
Phone cos. to relay 911 texts by May 2014WASHINGTON (AP) _ The Federal Communications Commission says the nation's four largest wireless carriers have agreed to relay text messages to text-enabled 911 call centers by May 2014. The four carriers _ AT&T, Verizon, Sprint and T-Mobile _ cover 90 percent of the population. However, only a handful of call centers are able to receive texts today, and it's unclear how many will be able to receive them in 2014.
Netflix gets SEC notice over CEO's Facebook postNEW YORK (AP) _ Netflix Inc. is facing scrutiny from government regulators for a Facebook post by its CEO in July that may have boosted the online video company's stock price. Neflix said Thursday that the Securities and Exchange Commission informed it that its staff is recommending civil action be brought against the company and CEO Reed Hastings. The reason: Hastings' July 3 post in which he said Netflix's online video viewing "exceeded 1 billion hours for the first time ever in June."
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