11:41 a.m. | Updated The hedge fund magnate David Einhorn has long been known as a fervent fan of Apple. But he is making an unusually public stand to oppose a move by the company: a lawsuit.His hedge fund, Greenlight Capital, sued Apple on Thursday in an effort to block a move that would eliminate preferred shares. In a letter to fellow stockholders, Mr. Einhorn said the move to amend the company’s...
Twitter Locks Kids Out of Its Vine Video App
Label: Technology Twitter now requires people to certify they are at least 17 years old before running the Apple version of the company’s video app Vine. Twitter says the iOS app is for adults because it contains ”frequent/intense sexual content or nudity,” among other things, signaling that Vine will continue to traffic in risqué content.People flipped out last week when a Twitter staffer...
Dick Morris dropped by Fox News
Label: LifestyleLOS ANGELES (TheWrap.com) – Dick Morris will no longer be serving as a contributor at Fox News, a spokesperson for the network told TheWrap.Morris’ contract had recently expired, and Fox will not be renewing it, the spokesperson said.Morris, a former adviser to President Bill Clinton who later turned into a harsh critic for the Clintons, had been a longtime contributor to Fox, but has not appeared...
Trade Group Lawsuit Challenges Olive Oil Labeling
Label: BusinessThe North American Olive Oil Association, a trade group that represents the olive oil business in the United States and Canada, is suing Kangadis Food, saying that it falsely labeled its Capatriti brand as olive oil when the product is a fat from leftover olive skins and pits. That fat, known as olive pomace oil or olive residue oil, is extracted using high heat and chemical solvents...
Feb
05
Obama urges short-term solution to prevent steep budget cuts
Label: World WASHINGTON – President Obama on Tuesday called on Congress to come up with short-term spending cuts and revenue increases that...
Instagram Finally Feeds the Web, But We're Still Hungry
Label: Technology Instagram launched a web-based interface on Tuesday that largely mirrors its mobile app, allowing users to log in from a browser to view and interact with photos from people in your feed. It’s a big move from the company that grew to prominence as a mobile-only social network.Although Instagram had previously launched web profiles for its users and did give people the...
Kristen Wiig joins “Anchorman” sequel
Label: LifestyleLOS ANGELES (TheWrap.com) – Kristen Wiig will contribute to the lunacy in “Anchorman: The Legend Continues.”Director Adam McKay announced on Facebook that the “Bridesmaids” star had joined the cast of the follow-up to the 2004 hit.“Kristen Wiig is officially on board for Anchorman 2,” McKay wrote. “Couldn’t be more excited.”TheWrap first reported that Wiig was eyeing the project in December. McKay...
SciTimes Update: Recent Developments in Science and Health News
Label: HealthRed Bull Stratos/European Pressphoto AgencyFelix Baumgartner of Austria jumps from 24 miles up in Roswell, New Mexico. Tuesday in science, sharks with an image problem, good teeth get more dates, dog geniuses and remembering your dreams. Check out these headlines and other science news from around the Web. Supersonic Skydiver: Skydiver Felix Baumgartner was faster than he or anyone else thought...
Weak Earnings Report for Zynga, but Stock Rises
Label: BusinessSAN FRANCISCO — In the 14 months since Zynga sold shares to the public, the online game developer has been on a monumental losing streak. Games have been killed, crucial employees have fled and players have sought excitement elsewhere. Any hopes that Zynga’s luck has substantially improved were dashed Tuesday when the company reported its fourth-quarter earnings. They were expected to...
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