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  • For virtual reality creators, a question of control Friday, 6 Mar 2015 | 9:38 AM ET

    SAN FRANCISCO— At the Game Developers Conference, it's easy to imagine what virtual reality will look like when it eventually hits the marketplace. "For us, it's a choice we want to give the player," said Elisa Di Lorenzo, business development manager at Untold Games, developer of the VR adventure "Loading Human." During a demo of the latest Project Morpheus VR...

  • SAN FRANCISCO— No one can argue that many Apple devices have changed the way people live their lives. The company's iTunes, iPhone and iPad have shaken up music, phone and computer markets worldwide. The stakes are big for Apple CEO Tim Cook: the watch is the first brand-new Apple product to be launched without legendary co-founder Steve Jobs.

  • SAN FRANCISCO/ NEW YORK, March 6- Avago Technologies Ltd may be one of the pacesetters among companies looking to make a purchase in the semiconductor industry after its advanced talks last month to acquire Freescale Semiconductor Ltd fell through. Demand for cheaper chips and new products to power Internet-connected gadgets is expected to drive chip...

  • SAN FRANCISCO— In a sea of virtual-reality headsets and monitors broadcasting video games, there's something that seems completely alien at the Game Developers Conference: a swing set. The piece of playground equipment has been plopped down inside San Francisco's cavernous Moscone Center to promote Biba, an upcoming app that seeks to stop children from...

  • SAN FRANCISCO— Google is helping California drivers shop for car insurance as part of a new service that could foreshadow the Internet company's latest attempt to shake up a long-established industry. Google will receive a cut from the insurance sales. Some of the largest auto insurance providers, including State Farm, Allstate, Progressive and Geico, haven't...

  • Analysts had expected those sales to grow 1.4 percent, according to Thomson Reuters. Shares of Gap Inc. slid 83 cents, or 2 percent, to $40.60 in extended trading. The San Francisco- based company said revenue from Old Navy stores open at least a year was unchanged compared to 2014. Sales at Gap stores slipped 7 percent and Banana Republic revenue declined 5 percent.

  • Diamond Foods beats 2Q profit forecasts Thursday, 5 Mar 2015 | 4:21 PM ET

    SAN FRANCISCO _ Diamond Foods Inc. on Thursday reported fiscal second-quarter net income of $11.2 million, after reporting a loss in the same period a year earlier. Diamond Foods expects full-year earnings in the range of 95 cents to $1.10 per share. Diamond Foods shares have decreased almost 3 percent since the beginning of the year.

  • Mandarin Oriental says hotels in US, Europe hacked Thursday, 5 Mar 2015 | 3:46 PM ET

    NEW YORK— High-end hotel chain Mandarin Oriental said Thursday that the credit card systems at some of its hotels in the U.S. and Europe were hacked. Mandarin Oriental operates about 30 hotels in cities across the world including Paris, London, Geneva, New York, Miami, San Francisco, Las Vegas as well as Shanghai, Hong Kong and Macau. Mandarin Oriental is a unit of...

  • NEW YORK, March 5- Exchange-traded funds designed to let investors play China's bond markets, which are mostly closed to foreigners, are facing a slow start amid concerns about mainland issuers' credit quality, high property prices and the slowing economy. At more than $5 trillion, China's onshore fixed-income markets are outranked only by the U.S. and Japanese...

  • BEIJING, March 5- China's transport minister said on Thursday he hopes to have regulations issued on using mobile apps to book private cars within the first half of 2015, state media reported, amid doubts on the legal status in China of Uber and similar services. In January, China's Ministry of Transport banned taxi hailing apps such as Uber Technologies Inc and...

  • SAN FRANCISCO— Zully Broussard thought she was going to help one person by donating a kidney. The Sacramento woman's donation to a Benicia man set off an organ swap that resulted in five more sick people getting new kidneys at a San Francisco hospital. With a total of a dozen patients and donors, this week's surgeries at the California Pacific Medical Center...

  • SAN FRANCISCO— A sex discrimination trial against one of Silicon Valley's most prestigious venture capital firms is providing a rare peek into the elite investment companies vying to fund the next Google and Amazon. Their partnership rosters are stacked with some of the nation's most accomplished graduates— multiple-degree holders from schools such as...

  • SAN FRANCISCO— Microsoft is attempting to break down the walls surrounding console gaming. Phil Spencer, head of the company's video game division, detailed Microsoft's plan for game makers to create universal apps that can run on both Xbox One consoles and PCs with Windows 10, as well as smartphones, tablets and other devices running the forthcoming version...

  • NEW YORK— Upscale hotel chain Mandarin Oriental says it is investigating a potential credit card breach at its hotels. Mandarin Oriental said it is coordinating with credit card agencies and forensic specialists. Mandarin Oriental operates hotels across the world including Paris, Shanghai, Hong Kong, London, New York, Miami, San Francisco, Prague, Boston, Las...

  • Judge OKs $415M settlement in tech workers' lawsuit Wednesday, 4 Mar 2015 | 2:09 PM ET

    SAN FRANCISCO— A federal judge has tentatively approved a $415 million settlement in a major class action lawsuit by Silicon Valley workers who accused Apple Inc., Google Inc. and other tech companies of making an illegal agreement not to hire each other's employees. Judge Lucy Koh had rejected an earlier settlement offer, saying it didn't offer enough...

  • Fed survey finds US economy growing at moderate pace Wednesday, 4 Mar 2015 | 2:01 PM ET

    The Boston district said businesses in its area remained upbeat despite a series of huge snowstorms. Fed Chair Janet Yellen delivered the central bank's semiannual economic report to Congress last week and indicated that the Fed is still willing to be "patient" in terms of raising interest rates because of weak wage growth and inflation well below the Fed's 2...

  • March 4- British online luxury fashion company Farfetch said it raised $86 million from investment firm DST Global and existing shareholders, valuing the company at $1 billion. London- based Farfetch's shareholders include media company Conde Nast International and private equity firm Vitruvian Partners. DST Global is run by Silicon Valley- based Russia-...

  • SAN FRANCISCO— Uber Technologies is buying digital mapping specialist deCarta in a deal that may help the rapidly growing ride-hailing service lessen its dependence on navigation services from Google and Apple, an imposing pair of potential rivals. The deCarta deal comes a month after an unconfirmed report that Google Inc. is planning a rival ride-hailing...

  • *Markit, ISM services show modest growth. *Healthcare stocks rise after Supreme Court hearing. The sector's top gainers were HCA Holdings, Tenet Healthcare and Universal Health Services.

  • During an emergency call on the morning of Jan. 16, 2009, after the government had announced a $20 billion bailout for Bank of America, then-Fed Chairman Ben Bernanke declared that he was unwilling to allow "the failure of a firm the size of Bank of America." The call underscored the chaotic situation facing the Fed and other government agencies as they confronted a...