Business

China Welcomes Apple CEO Tim Cook, Approves New iPad for Sale

The China Quality Certification Center has given the green light for Apple to sell the Wi-Fi version of its new iPad.

GE’s Hundred-Year-Old Bulb: Still Bringing Good Things to Life

GE lightbulb

How many GE employees does it take to screw in a hundred-year-old light bulb? Hundreds of ‘em — and the neat part is, it’ll still work.

Our Fabulous Future: Corporate America’s Great Tech-Utopia Movies

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The best way to predict the future, as Alan Kay famously said, is to invent it. For decades, however, major American corporations have tried another approach: filming it.

U.K. Retailer GAME Goes into Administration, May Close 600 Stores, Fire Thousands

Stefan Wermuth / Reuters

That circling-the-drain sound you’re hearing is the U.K.’s largest games retailer, GAME, officially going into administration, and the Guardian reports the company could close up to 600 stores — half its U.K. presence — and lay off thousands of employees.

Your Next Game Machine Won't Be a Tablet? Revenue Predictions Suggest Otherwise

Epic Games

Could your next game device be a tablet instead of a console? Worldwide tablet game revenue growth predictions suggest the market’s about to explode.

Background Check for the Digital Age: Employers, Colleges Insist on Full Facebook Access

Michael Dalder / Reuters

For years we’ve been told to keep drunken Facebook photos and racy wall posts private to avoid the judging eye of a potential employer, but now even that might not be enough.

New Yahoo CEO Prepares ‘Thousands’ of Layoffs: Report

Reuters

The new chief executive of troubled tech giant Yahoo is planning a major reorganization that could result in “thousands” of layoffs, according to a new report.

U.S. Senator Calls for Apple, Google Mobile Privacy Probe

schumer

The drumbeat over digital privacy is getting louder. Sen. Charles Schumer, a New York Democrat, stepped into the fray over the weekend, calling for the Federal Trade Commission to investigate Apple and Google over reports that the companies’ mobile phone operating systems misuse personal data, including photos and contact lists.

How to Shape Your Facebook Profile to Help You Land a Job

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More employers are reviewing Facebook profiles when screening potential new hires. The trick for job seekers is to make sure they’re presenting their best, most employable self.

AT&T's Terrible Plan to Bill App Makers for Your Data Use

REUTERS

AT&T thinks it’s figured out a new way to make money off the rise of smartphones: Instead of just having consumers pay for mobile data, AT&T plans to allow app makers to cover the cost of data themselves, so it doesn’t count against users’ plans. Here’s why that’s a bad idea.

Groupon Shares Tumble 15% After Fourth Quarter Loss

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Online discount service Groupon continues to grow at a rapid clip, but the company is still losing money, posting a $42.7 million loss for the fourth quarter of 2011. Groupon shares fell over 15% in after-hours trading Wednesday to $20.82, just slightly higher than the level at which the company went public in November.