CUPERTINO (AP) - Orders for the iPhone 5 topped 2 million in their first 24 hours, more than double the amount of its predecessor over the same period. Since Apple started taking iPhone 5 orders on its website at 3 a.m. EDT on Friday, buyers who have a two-year service agreement with AT&T, Sprint or Verizon Wireless have been able to order ...
SAN FRANCISCO (AP) - Google has snapped up the digital photo editing service Snapseed as part of its effort to compete against Facebook's online social network. Snapseed is the centerpiece of Google's acquisition of Nik Software, which developed the service's photo-editing technology. The deal announced Monday gives Google a popular service that competes against Facebook's Instagram, whose tools ...
AMSTERDAM (AP) - Royal Dutch Shell PLC said Monday it will no longer seek oil off the coast of Alaska this year after suffering several setbacks. The company, which has so far spent around $4.5 billion to obtain licenses and prepare for exploratory drilling in the Chukchi and Beaufort Seas, said it is scaling back ambitions until next summer after one of ...
NEW YORK (AP) - McDonald's is introducing noodle dishes this week at its restaurants in Austria. The "McNoodles" comes with vegetables and salad, chicken pieces and either sweet and sour or curry sauce. They'll be available for a limited time starting Thursday. The company says it spent more than a year developing the product, noting that Asian noodles ...
NEW YORK (AP) - Egan-Jones, an independent credit-research firm, downgraded its rating on U.S. government debt to AA- from AA on Friday, citing the Federal Reserve's plans to try to stimulate the economy. The credit rating agency said the Fed's plans to buy mortgage bonds will likely hurt the economy more than help it. The plan will weaken ...