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YouTube adds thousands of movies for rent online

SAN FRANCISCO — YouTube on Monday added 3,000 new movies for “rent” online in the United States as it continued an evolution aimed at wooing viewers away from television. “You’re spending just 15 minutes a day on YouTube, and spending five hours a day watching TV,” YouTube head Salar Kamangar…

Sony says reboot of PSN not happening until May 31 or later

In the wake of one of the most significant thefts of data in history, electronics manufacturer Sony has been scrambling to get their online services back up, vowing that it would take place this week — but now users will have to wait just a little bit longer. That’s because…

With 56% of American Internet connections now capped, advocates ask FCC for probe

The practice of capping Internet bandwidth and selling it as a metered commodity has fully taken hold, to the point where 56 percent of U.S. internet connections are now on plans that restrict how much information users can access before triggering additional fees. For an Internet landscape that’s been accustomed…

Two pounds of marijuana earns NOLA man a life sentence

A 35-year-old man from New Orleans was sentenced to spend the rest of his life in prison after he was convicted of possessing two pounds of marijuana with the intent to distribute, according to a report in The New Orleans Times-Picayune. It was the fourth marijuana conviction for Cornell Hood…

Apple usurps Google as world’s most valuable brand

LONDON (Reuters) – Apple has overtaken Google as the world’s most valuable brand, ending a four-year reign by the Internet search leader, according to a new study by global brands agency Millward Brown. The iPhone and iPad maker’s brand is now worth $153 billion, almost half Apple’s market capitalization, says…

U.S. CEO pay jumps 11 percent: survey

WASHINGTON — Compensation received by chief executives of the biggest US companies surged 11 percent over the past 12 months — to $9.3 million on average, The Wall Street Journal reported. Citing a study conducted for the newspaper by management consultancy Hay Group, The Journal said the increase was largely…

Twitter user outs thousands of celebrities with ‘super injunctions’

LONDON (Reuters) – Twitter revelations of alleged attempts by British celebrities to cover up sexual indiscretions show that “super injunctions” to gag the press are unsustainable, lawyers said Monday. A Twitter user posted details Sunday of six instances of what the blogger said were injunctions obtained by television and sports…

GrouponLive: Live Nation and Groupon team up on new ticket site

(Reuters) – Top online group buying site Groupon tied up with Live Nation Inc to launch a new online ticketing deals web site that will allow customers buy tickets to concerts, theatres and other live events at discounted prices. Live Nation Entertainment, which was created by the combination of concert…

iPad brawl in Beijing Apple store leaves four injured

BEIJING (AFP) – Four people were taken to hospital and a glass door smashed as a near-riot broke out at Beijing’s top Apple store among crowds rushing to snap up the popular iPad 2 tablet computer, according to state press. Angry consumers began rushing the store on Saturday afternoon after…

Security experts slam Wall Street Journal’s attempt to rival WikiLeaks

The Wall Street Journal’s much ballyhooed attempt to launch a rival to WikiLeaks is already coming under attack. The Journal claims that its SafeHouse site is located on secure servers, and it promises potential whistleblowers anonymity and the use of file encryption. However, internet security and privacy experts have already…