Yahoo reboots Flickr, offers 1 terabyte of storage

NEW YORK (AP) - Fresh on the heels of its $1.1 billion acquisition of Tumblr, Yahoo says it is rebooting its languishing photo-sharing site Flickr with plans to make it "awesome" again. Yahoo Inc. said at an event in New York City's Times Square on Monday that it is now offering users 1 terabyte of online storage for free. One terabyte is ...

Yahoo looks to regain its cool

Edison, CPUC reach $37M deal over canyon fire

LOS ANGELES (AP) - The California Public Utilities Commission has reached a proposed $37 million settlement with Southern California Edison over fallen power lines blamed for starting the October 2007 Malibu Canyon Fire. Santa Ana winds knocked three jointly owned utility poles to the ground, sparking the fire that burned 6 square miles, destroyed dozens of structures and burned 36 vehicles. The ...

Apple uses firms outside US to avoid taxes

Feds again delay San Onofre nuke restart decision

Both sides can’t be right

A year after IPO, Facebook aims to be ad colossus

MENLO PARK (AP) - It was supposed to be our IPO, the people's public offering.

Report: Yahoo nearing $1.1B purchase of Tumblr

NEW YORK (AP) - Yahoo may be on the verge of closing its biggest acquisition under CEO Marissa Mayer, as she tries to attract more traffic and advertising to the Internet company's website. The technology news site All Things D is reporting that Yahoo's board will meet Sunday night to consider whether to approve a proposed $1.1 billion acquisition of Tumblr, a ...

'Sonic' video games coming to Nintendo

J.C. Penney posts bigger 1Q loss than expected for 1st Q

Wal-Mart's 1Q profit, sales disappoint

Tablets in the classroom push learning

Venezuelans scrambling to find scarce toilet paper; nation importing 50M rolls

Apple says App Store hit 50 billion downloads

CUPERTINO (AP) - Apple says its customers have downloaded more than 50 billon applications from its App Store since its launch in 2008. Apple Inc. said Thursday that the 50 billionth download was a game called "Say the Same Thing" by Space Inch. The App Store had 500 apps when it first opened. It now has more than ...

Google digs deeper into people's lives

Cheerios stands by TV ad showing mixed-race family

Cloud computing rains billion-dollar deals

ITC rules for Samsung, bans iPhone 4 imports

Frozen berry mix linked to hepatitis A recalled

Home prices jumped in April by most in 7 years

Chrysler refuses US request to recall vehicles

Merck, Bristol jump on cancer drug news

US blames Apple for 2010 run-up in e-book prices

US proposes labeling some nonbanks threats

Business Briefs

NEW NYC ADS WARN ABOUT SWEET TEA, ENERGY DRINKS:NEW YORK (AP) - New York City's campaign to cut consumption of sugary drinks now features ads warning people about sweet teas, sports and energy drinks and fruit-flavored beverages.

Dunkin' taking doughnut bacon sandwich national

Auto sales pickup in May

Shameful lack of progress on Social Security reform

Cancer Society: Sweet smokes aimed at kids

Dell board recommends buyout offer