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Nasdaq readies payouts for Facebook IPO glitch: WSJ

EW YORK — Nasdaq is taking steps toward compensating investor losses due to computer glitches that fouled trading on the first day of Facebook’s $16 billion IPO, the Wall Street Journal said Tuesday. Nasdaq OMX Group, which operates the Nasdaq exchange, has told brokers that it expects to submit plans…

Space shuttle Enterprise damages wing on journey to the Intrepid

The final frontier may be tough, but, as a damaged wingtip proves, the space shuttle Enterprise’s final journey by barge through New York is no picnic. The Enterprise suffered minor damage to a wingtip when it collided with a piling near a bridge while being transported to a museum on…

Virtual reality ‘diet glasses’ fool users into eating less

Goggles that trick the wearer into thinking the plain snack in their hand is a chocolate cookie, or make biscuits appear larger have been unveiled in Japan, offering hope to weak-willed dieters everywhere. Researchers at the University of Tokyo have developed devices that use computer wizardry and augmented reality to fool the senses…

Sony executives give up performance bonuses

Sony said Tuesday that seven senior executives, including its new chief, will not receive bonuses tied to its latest annual results, which saw the troubled firm post a record $5.8 billion loss. Former chief executive Howard Stringer and his successor Kazuo Hirai are among those who will not be paid performance-linked bonuses, but a company spokesman declined to specify…

Samsung unveils computers running on Windows 8

South Korea’s Samsung Electronics unveiled notebook and tablet computers running on Windows 8 Tuesday, the latest firm toshowcase products that use Microsoft’s eagerly-awaited new operating system. On the opening day of Asia’s leading IT fair in Taipei, Samsung showcased the products, including the Series 5 Hybrid which has features of both a laptop and a tablet, in a…

How low can Facebook go?

WASHINGTON — Two weeks after the largest, most anticipated IPO in years, Facebook shares keep going down. And down. And down. And investors want to know how far they can go. During trade on Monday the shares hit $26.44, more than 30 percent below the initial public offering price of…

‘South Park: Stick of Truth’ videogame to be released in 2013

LOS ANGELES — The creators of the South Park cartoon sitcom known for crude language and lampooning hot-button social issues are about to whack the videogame world with “Stick of Truth.” Trey Parker and Matt Stone used a Microsoft Xbox 360 press event on Monday to unveil a “South Park:…

Facebook considers opening up to users under 13

Facebook is working on technology that would permit children under the age of 13 to use the social network site with parental supervision, people familiar with the effort said Monday. Facebook currently requires members to be at least 13, but the new effort is being made because many children lie…

Kuwait tweeter sentenced to 10 years for insulting Prophet Mohammed

A lower court in Kuwait sentenced a Shiite tweeter to 10 years in jail on Monday on charges of insulting Islam’s Prophet Mohammed, his wife Aisha and companions, his lawyer Khaled al-Shatti said. “We plan to challenge the ruling against my client Hamad al-Naqi in the appeals court and we…

Nintendo seeks E3 game show buzz with Wii U peek

Nintendo provided a glimpse into its second-generation Wii console as the Japanese videogame giant set out to generate excitement ahead of the E3 industry extravaganza. In a webcast streamed online, Nintendo president Satoru Iwatarevealed details about the Wii U GamePad and promised more was to come at a press conference in Los…

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