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New iPad Reportedly in Production, but Will It Disappoint Fans in One Area?
By Steven Hoffer - AOL NewsRight on schedule for a heavily rumored April release, Apple has begun production of its new iPad 2 tablet, according to The Wall Street Journal. According to "people familiar with the matter," the new tablet PC features a front-facing camera for video conferencing and will be "thinner and lighter than the first model." The device will also have more memory and a more powerful graphics processor. The confidential sources added that the tablet will initially be available in the U.S. exclusively through Verizon Wireless and AT&T. What does the tech world think of the iPad's second coming? ...
Source: Hackers Penetrate Nasdaq Computer Network
By not in system - AOL NewsWASHINGTON - A federal government official tells The Associated Press that investigators are trying to identify computer hackers who have repeatedly broken into the network of the company that runs the Nasdaq Stock Market. The official says that the hackers haven't compromised the exchange's trading platform and that investigators are looking into a range of possible motives for the cyberattacks - from financial gain to a national security threat. The official spoke on condition of anonymity because the inquiry by the FBI and Secret Service is continuing. The official says the penetrations ...
Report Bolsters 9/11 Mastermind's Confession to Daniel Pearl Murder
By not in system - AOL NewsKARACHI, Pakistan -- The four men imprisoned for killing Wall Street Journal reporter Daniel Pearl were not present during his beheading but were convicted of murder because Pakistani authorities knowingly relied on perjured testimony and ignored other leads, says a report released Thursday. The results of the Pearl Project, an investigation carried out by a team of American journalists and students and spanning more than three years, raise troubling questions about Pakistan's dysfunctional criminal justice system and underscore the limits U.S. officials face in relying on Pakistani ...
Clarence Dupnik: The Anti-Joe Arpaio Sheriff in Arizona
By Andrea Stone - AOL NewsUntil Saturday's rampage against Rep. Gabrielle Giffords left her battling for her life and ended the lives of six others, Clarence Dupnik was not the most famous sheriff in Arizona. But after a pull-no-punches news conference in which he linked the shooting in Tucson to a poisonous underlying political atmosphere, the Pima County sheriff may soon become known nationally as the anti-Joe Arpaio. "When you look at unbalanced people, how they respond to the vitriol that comes out of certain mouths about tearing down the government. The anger, the hatred, the bigotry that goes on in this country ...
Iranian Lawmakers Move to Impeach President Mahmoud Ahmadinejad
By Paul Wachter - AOL News(Nov. 23) -- Iran's parliament moved to impeach President Mahmoud Ahmadinejad this weekend but was thwarted by orders from Supreme Leader Ayatollah Ali Khamenei, an Ahmadinejad supporter, The Wall Street Journal reports, citing conservative papers in Iran. In a report released Sunday, which was discussed in parliament on Monday, lawmakers accused "Ahmadinejad and his government of 14 counts of violating the law, often by acting without the approval of the legislature," reports the Journal. "Charges include illegally importing gasoline and oil, failing to provide budgetary transparency and ...
Report: Obama Pushing New Laws, Czar for Online Privacy
By Deborah Hastings - AOL News(Nov. 12) -- The Obama administration will get more aggressive about Internet privacy, rolling out new laws and appointing a czar to oversee the initiative, according to a Wall Street Journal report today. The strategy is expected to be detailed in a U.S. Commerce Department report in the next few weeks, the Journal said, citing unnamed sources. The report hasn't been finalized yet. A White House task force led by Cameron Kerry, brother of Sen. John Kerry, D-Mass., and a former professor of telecommunications law, is trying to craft recommendations into policy. The initiatives would mark ...
Sarah Palin: Do WSJ Reporters Read Their Own Paper?
By Mara Gay - AOL News(Nov. 9) -- The former governor of Alaska wants to get one thing straight: She reads the newspaper. She's just not that impressed. Sarah Palin is hitting back at a Wall Street Journal reporter who said she got her facts wrong in a speech demanding that the Federal Reserve "cease and desist" inflation and decrying the rising cost of groceries. "Grocery prices haven't risen all that significantly, in fact," Journal reporter Sudeep Reddy wrote in response, offering statistics to make his case. Palin, though, didn't appreciate the critique and referred to a story in the Journal last week about ...
Tea Party Groups Loosely Connected, Relish Outsider Role, Analysis Finds
By Christopher Weber - Politics DailyThe tea party has been effective at grabbing headlines, showcasing rising conservative stars, putting fear into incumbents of both parties, and generally throwing a wrench into the established political machine. But the grassroots movement has been less adroit at presenting a unified front, with its disjointed membership happy to play the role of outsider and spoiler, according to an analysis by The Washington Post. The review concludes that the tea party is a "disparate band of vaguely connected gatherings that do surprisingly little to engage in the political process." Many members say ...
$144 Billion in Wall Street Bonuses: How Much Is That, Really?
By Steven Hoffer - AOL News(Oct. 12) -- When people talk about symbols of frustration during the recession, exorbitant employee paydays on Wall Street are a target of choice. A report from The Wall Street Journal Tuesday morning won't help Wall Street dodge any more bullets. A survey of about 35 top financial institutions -- comprising banks, investment banks, hedge funds, money-management firms and securities exchanges -- estimates distribution of $144 billion in compensation and benefits for 2010. This amounts to a 4 percent increase from the $139 billion paid out in 2009, and potentially a whole lot more billionaire ...
Verizon iPhone Confirmed by Wall Street Journal: Instant Reactions
By Steven Hoffer - AOL News(Oct. 6) -- The bell has tolled. Apple Inc. intends to mass-produce a new iPhone model in the coming months that will allow Verizon Wireless to sell the smart phone by early 2011, according to The Wall Street Journal. Apple has held an exclusive deal with AT&T since introducing the iPhone in 2007. Did someone say "Veriphone?" According to the report: "The new iPhone would be similar in design to the iPhone 4 currently sold by AT&T Inc. but would be based on an alternative wireless technology called CDMA used by Verizon, these people said. The phone, for which Qualcomm Inc. is providing a ...
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