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HP raises 2013 outlook as Whitman's plan takes hold

By Poornima Gupta SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While fiscal second-quarter profit plummeted 32 percent, Wall Street had braced for worse. HP shares gained 14 percent after the company projected full-year earnings per share of $3.50 to $3.60, raising the lower end by 10 cents, and fiscal third-quarter profit that topped analyst estimates. ...

HP's 2Q offers hope even as revenue slump deepens

SAN FRANCISCO (AP) — Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be paying off.

Samsung buys major stake in rival smartphone maker

Samsung has reportedly made a major investment in rival South Korea-based smartphone maker Pantech. Yonhap News was first to report the news and it says Samsung spent roughly $50 million for 10% of the company. Samsung’s motives are unclear, though the deal will reportedly “help further solidify bilateral cooperation in smartphone and other business areas.” Pantech is currently the No.3 phone maker in South Korea behind Samsung and LG, and the new investment makes Samsung the company’s third-largest shareholder behind Qualcomm and Korea Development Bank.

MOOC University

Georgia Tech will soon offer a Master's degree in Computer Science that you can receive online. This could be huge, Rob Walker writes.

Android App Video Review: Toy Story: Smash It!

Also on Android Apps

Twitter beefs up security after hacking spree on media

By Jim Finkle (Reuters) - Twitter Inc unveiled technology to boost security for its users, following a spate of attacks on accounts of prominent media outlets including the Associated Press, the Financial Times and The Onion. The micro blogging site, which transmits some 400 million messages a day, said on Wednesday that it had begun rolling out an optional "login verification" service to thwart hackers seeking to hijack accounts with stolen passwords. ...

Jennifer Lopez to open cellphone stores

NEW YORK (AP) — "Jenny from the Block" wants the block to buy Verizon phones from her.

China's Lenovo buys and diversifies to outshine PC rivals

By Lee Chyen Yee and Umesh Desai HONG KONG (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. Lenovo, a sliver away from unseating Hewlett-Packard Co as the world's top PC maker by shipments, is expected on Thursday to post a two-thirds rise in quarterly profit, its fastest in 1-1/2 years, according to analysts' estimates. ...

Wireless carriers raise alarms by selling private customer data to marketers

Wireless carriers’ data collection and selling practices are increasingly setting off alarm bells among privacy advocates, The Wall Street Journal reports. In particular, the Journal notes that there’s heightened anxiety about Verizon’s Precision Market Insights product that collects, stores and sells information about users’ web browsing habits, their locations and their demographic backgrounds. Verizon insists that it’s anonymizing the data it shows to third parties and is only selling data on large groups of customers broken down by geography and other demographics. The carrier also says that it has always collected this sort of data and has always been willing to hand it over to law enforcement officials if compelled by a search warrant. All the same, the Journal’s report raises

How to Stop Worrying and Love Twitter's New Two-Factor Verification

Twitter has added two-step verification to increase its security after all the recent hacks into high profile media accounts, but you should go sign up for it right this minute — because everyone's vulnerable to password attacks these days. Or maybe not right this minute, since there are some reports that Twitter is a little overwhelmed and others have reported the two steps aren't showing up for everyone. But at some point in the very near future, you get on that. Here's why, even if the new cellphone hiccup seems cumbersome.