Yahoo unveils new logo

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Yahoo unveils new logo for first time since founding 18 years ago

SUNNYVALE, Calif. (AP) — Yahoo has adopted a new logo for the first time since shortly after the Internet company’s founding 18 years ago.

The redesigned look unveiled late Wednesday is part of a makeover that Yahoo Inc. has been undergoing since the Sunnyvale, Calif., company hired Google executive Marissa Mayer to become Yahoo’s CEO 14 months ago.

Mayer has already spruced up Yahoo’s front page, email and Flickr photo-sharing service, as well as engineered a series of acquisitions aimed at attracting more traffic on mobile devices.

The shopping spree has been highlighted by Yahoo’s $1.1 billion purchase of Tumblr, an Internet blogging service where the company rolled out its new logo.

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Microsoft to acquire Nokia’s handset business for $7.2 bln

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HELSINKI: Microsoft Corp on Tuesday said it would buy Nokia’s mobile phone business for 5.44 billion euros ($7.2 billion), and the Finnish firm said its CEO, Stephen Elop, would join Microsoft when the transaction closed.

Finland’s Nokia, once the undisputed leader in mobile phones, has been struggling to respond to the challenge from smartphone makers such as Apple and Samsung .

Analysts say Elop’s bold bet in 2011 to adopt Microsoft’s untested Windows Phone software has yet to pay off.

The deal is expected to close in the first quarter of 2014 and is subject to approval by Nokia’s shareholders and regulatory approvals. Nokia partnered in 2011 with Microsoft and uses Microsoft’s Windows software to run its mobile phones.

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Batfleck Wants to Save the Day — And Detroit

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By Emily Coyle

Batfleck is brushing Detroit’s bankruptcy blues aside and is here to save the day. That’s right, Superman and Batman are officially heading to Motor City to shoot the sequel of Warner Bros’s (NYSE:TWX) blockbuster Man of Steel, and the good news is it only took a $35-million state incentive to get them there.

According to USA Today, the Michigan Film Office announced the news Thursday and told the largest city in Michigan to expect Batman and Superman on its grounds sometime in the first three months of 2014. The original Man of Steel hit U.S. theaters on June 14 of this year, and was a blockbuster success not only domestically, but also in theaters overseas with a worldwide opening of $196.7 million.

That means good things for debt-ridden Detroit, which will benefit from the $131 million worth of in-state expenditures that the film will require, as well as its widespread popularity and far-reaching audience. Officially announcing its bankruptcy earlier in the summer, the metro area needs all the help it can get to rebuild — help to regain consumer and investor trust, and make Detroit a more appealing place to live once again.

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Canon U.S.A. Announces New Cloud Connectivity App: PIXMA Printing Solutions

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New Canon PIXMA MG7120 and MG5520 Wireless Inkjet Photo All-In-One Printers Offer Robust Cloud Connectivity for Fast and Easy Access to Online Content

MELVILLE, N.Y., August 22, 2013 – Canon U.S.A., Inc., a leader in digital imaging solutions, today announced two PIXMA Wireless1 Inkjet Photo All-In-One (AIO) printers, the PIXMA MG7120 and MG5520, featuring a new cloud-based PIXMA Printing Solutions (PPS) app2. With this innovative and user-friendly platform, users can access the cloud directly from their compatible printer, mobile device or tablet and easily print and scan images and documents directly from several of the most popular online services such as Facebook®, Twitter®, Flickr®, Dropbox™, Picasa Web Albums™, Evernote®, Photobucket®, Canon iMAGE GATEWAY3, Creative Park Premium and Creative Park.

The Canon PPS app offers a unique way to interact with the cloud to unlock important images and documents that otherwise have been trapped on mobile devices and popular online services. Free for users of compatible iOS and Android mobile phones and tablets, the app allows users to wirelessly print from a mobile device or tablet with wireless capability from almost anywhere. After registering with PIXMA Cloud Link, users can log into the cloud function of the app, and then can access their images and documents on the above-mentioned online services to print using intuitive menus determining paper type, size and whether to print bordered or borderless images. PPS enables users to print multiple document formats including Word, Excel, jpeg and pdf, without having the original software loaded on a device. For added functionality, users can access the PPS cloud platform through the menu selections on the PIXMA MG7120 and MG5520 printer’s interface as well.

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Wii U getting price cut September 20

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By Eddie Makuch,

32GB model dropping to $300 effective next month in US and Europe; Wii U Basic model will be phased out; Wind Waker HD bundle revealed.

The Wii U is getting a price cut on September 20.

Nintendo announced today that the struggling system will drop to $300 for the 32GB version in the United States and Europe. The $250 8GB Wii U Basic model will be phased out.

In addition to the price cut, there will be a new Legend of Zelda: Wind Waker HD Wii U bundle, which will debut on September 20.

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Filmmaker Lucas Purchases $10 Million in Starbucks Shares

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By Miles Weiss

George Lucas, the “Star Wars” creator who reaped $4 billion selling his company to Walt Disney Co. last year, invested a fraction of his fortune in Starbucks Corp. (SBUX), the world’s largest chain of coffee shops.

A trust controlled by Lucas bought almost $10 million of Starbucks shares, according to a filing yesterday by Mellody Hobson, the billionaire’s wife and a member of the Starbucks board. The couple married in June at Lucas’s Skywalker ranch in Marin County, California, and announced the birth of their daughter, Everest Hobson Lucas, this month.

Lucas, 69, in December sold Lucasfilm Ltd., whose movie franchises include “Indiana Jones” as well as “Star Wars,” to Disney for about $4 billion of cash and stock. The next month, he announced his engagement to Hobson, the president of Ariel Investments LLC, a Chicago-based money-management firm with $6.3 billion in assets as of June 30.

Hobson, 44, didn’t immediately return a telephone call seeking comment. Connie Wethington, a Lucas representative, said in an e-mail that “no comments or statements will be issued with regard to stock inquiries.”

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Steve Ballmer’s Mixed Legacy

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Gates’s Successor Helped Build Behemoth, but Missteps Leave Microsoft Vulnerable

By DON CLARK and SHIRA OVIDE

MSFT +7.29% Steve Ballmer tried new operating systems, new gadgets and new management structures. But the times caught up with a man who helped build one of the greatest companies of the 20th century.

Mr. Ballmer’s surprise retirement announcement Friday follows years of criticism about the waning growth and stagnant stock price of Microsoft, a force in the personal-computer era whose power was once so great that U.S. regulators sought to break up the company.

PC sales—the lifeblood of Microsoft’s business—are on a steady decline. Business and casual users alike are switching to devices and services offered by Apple Inc. AAPL -0.39% and Google Inc. GOOG -0.40%

Investors cheered the news, pushing Microsoft shares up 7%, or $2.36, to $34.75, in 4 p.m. trading Friday on the Nasdaq Stock Market.

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Read Steve Ballmer’s Retirement Announcement to Microsoft Staff

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By Tim Molloy

Microsoft Corp. CEO Steve Ballmer announced his retirement Friday. Here is his email to employees:

I am writing to let you know that I will retire as CEO of Microsoft within the next 12 months, after a successor is chosen. There is never a perfect time for this type of transition, but now is the right time. My original thoughts on timing would have had my retirement happen in the middle of our transformation to a devices and services company focused on empowering customers in the activities they value most. We need a CEO who will be here longer term for this new direction. You can read the press release on Microsoft News Center.

I am proud of what we have achieved. We have grown from $7.5 million to nearly $78 billion since I joined Microsoft, and we have grown from employing just over 30 people to almost 100,000. I feel good about playing a role in that success and having committed 100 percent emotionally all the way. We have more than 1 billion users and earn a great profit for our shareholders.

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Ben Affleck to Play Batman in Man of Steel Sequel

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Warner Bros. has announced Affleck is the new Dark Knight.

August 22, 2013

Ben Affleck is set to star as Batman in Zack Snyder’s Man of Steel sequel, Warner Bros. has announced.

“We knew we needed an extraordinary actor to take on one of DC Comics’ most enduringly popular Super Heroes, and Ben Affleck certainly fits that bill, and then some” said Greg Silverman, President of Creative Development and Worldwide Production at Warner Bros. earlier today. “His outstanding career is a testament to his talent and we know he and Zack will bring new dimension to the duality of this character.”

“Ben provides an interesting counter-balance to Henry’s Superman,” added director Snyder. He has the acting chops to create a layered portrayal of a man who is older and wiser than Clark Kent and bears the scars of a seasoned crime fighter, but retain the charm that the world sees in billionaire Bruce Wayne. I can’t wait to work with him.”


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