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  • SAN FRANCISCO— Apple has bought a company that makes augmented-reality software, which adds information or images to real-world scenes when viewed through a special headset or even a smartphone camera. Apple, Google, Facebook and Microsoft are all working on augmented- or virtual-reality products. Apple on Thursday confirmed the purchase of Munich- based...

  • But he said it was accelerated by a firestorm that erupted three months ago when researchers found a worrisome security flaw in Superfish software that came pre-installed on some laptop computers sold by Lenovo. Lenovo said it thought consumers would find that useful, but critics called it intrusive and annoying. The discovery prompted consumer lawsuits...

  • Splunk reports 1Q loss Thursday, 28 May 2015 | 4:15 PM ET

    SAN FRANCISCO _ Splunk Inc. on Thursday reported a loss of $71.2 million in its fiscal first quarter. Fifteen analysts surveyed by Zacks expected $118.3 million. For the current quarter ending in July, Splunk said it expects revenue in the range of $138 million to $140 million.

  • New tech is changing the restaurant reservations game Thursday, 28 May 2015 | 3:02 PM ET

    At noon on a recent Wednesday in May, San Francisco's Lazy Bear restaurant began taking reservations for June. Just 45 minutes later, nearly every seat for the entire month was sold out. "The main issue is trying to manage risk, trying to incentivize patrons to keep their reservations," says Northwestern University microeconomic theorist Jeffrey Ely, noting that...

  • Google offers unlimited free storage of photos, videos Thursday, 28 May 2015 | 3:01 PM ET

    SAN FRANCISCO— Google is willing to store and organize all of the world's digital photos and videos for free. The online photo service announced Thursday is the latest example of Google's desire to wrap its tentacles around virtually every part of people's lives. "There has been a renaissance in the thinking of what Google Plus is for," said Bradley Horowitz,...

  • Google unveils Android's latest technological tricks Thursday, 28 May 2015 | 1:50 PM ET

    SAN FRANCISCO— Google's next version of its Android operating system will boast new ways to fetch information, pay merchants and protect privacy on mobile devices as the Internet company duels with Apple in the quest to make their technology indispensable. The upgrade will give Android's personal assistant, Google Now, expanded powers of intuition that may...

  • TREASURIES-Long-dated yields edge higher on profit-taking Thursday, 28 May 2015 | 10:40 AM ET

    *Treasury to sell $29 bln in 7- yr notes. NEW YORK, May 28- U.S. long-dated Treasury yields edged higher on Thursday after traders took profit following a recent price rally, while data showing that U.S. weekly jobless claims unexpectedly rose drew some demand for short-dated notes. "We've seen some month-end buying all week," said Kim Rupert, managing director at...

  • Uber, Lyft push back against proposed NYC regulations Thursday, 28 May 2015 | 9:58 AM ET

    NEW YORK— Representatives of Uber and Lyft warned Thursday that a New York City effort to regulate app-based ride-hailing services will stall innovation and threaten competition. The regulations "will be crushing to our thousands of drivers," Michael Allegretti, New York head of public policy for San Francisco- based Uber, said at a public hearing of New York's...

  • Amazon to offer free same-day delivery to Prime members Thursday, 28 May 2015 | 6:11 AM ET

    Amazon says starting Thursday more than 1 million items including books, electronics and vacation gear will be eligible for same-day delivery in 14 metro areas including New York, Los Angeles, the San Francisco Bay Area, Philadelphia, Phoenix and Atlanta. Orders under $35 can still have one day delivery, it just costs $5.99. Previously the service cost $5.99 for...

  • Etihad Airways profit jumps by over half to $73 million Thursday, 28 May 2015 | 4:53 AM ET

    DUBAI, United Arab Emirates— Etihad Airways, the United Arab Emirates' fast-growing national carrier, said Thursday its profit rose by more than half to $73 million last year but warned that "aggressive protectionist sentiment" in the West threatens its future prospects. The government-backed airline, which has bought up stakes in several foreign carriers...

  • DUBAI, May 28- Abu Dhabi's Etihad Airways, one of three Gulf airlines that U.S. rivals say benefit from state subsidies, reported a 52 percent rise in annual profit on higher passenger numbers and increased revenue from cargo and partner airlines. Unlike Dubai- based rival Emirates, Etihad has based part of its expansion on investing in other carriers and owns...

  • LOS ANGELES— Prosecutors charged a man with arson Thursday for allegedly starting a massive inferno that destroyed an unfinished apartment building and damaged nearby office towers in downtown Los Angeles. Dawud Abdulwali, 56, of Los Angeles, was charged with one count each of arson of a structure and aggravated arson, said the Los Angeles County district...

  • From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University's Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research. The study analyzed U.S. Census Bureau data from...

  • Jawbone files lawsuit against rival Fitbit Wednesday, 27 May 2015 | 8:04 PM ET

    NEW YORK— In a clash of rival makers of fitness trackers, Jawbone is suing Fitbit and a group of employees who quit Jawbone to work for Fitbit, saying they stole trade secrets, business plans, market research, and other information. Jawbone's lawsuit names Fitbit Inc. and five former Jawbone employees, and says it believes 10 other employees were also involved.

  • SAN FRANCISCO, May 27- Wearable fitness tracking device maker Fitbit Inc is being accused by rival Jawbone of attempting to steal core confidential data about Jawbone's business, according to a lawsuit filed on Wednesday. The lawsuit, filed in San Francisco Superior Court, alleges Fitbit engaged in a clandestine effort to steal talent, trade secrets and...

  • US high court: California county drug disposal law stands Wednesday, 27 May 2015 | 5:22 PM ET

    OAKLAND, Calif.— The U.S. Supreme Court is letting a Northern California county's drug disposal law stand, paving the way for similar ordinances elsewhere. The court refused to hear the pharmaceutical industry's challenge to an Alameda County program that requires drug companies to pay for the disposal of unused medicines. The law was passed to prevent unused...

  • SAN FRANCISCO— California is betting big— $1.4 billion over five years— that connecting high school studies to specific careers will get more students to graduate, go on to college and find well-paying jobs. "My top priority is to better prepare California students for college and careers in the 21st century," Torlakson said. One of the largest awards, $15 million,...

  • GM to offer Android, Apple systems in many 2016 models Wednesday, 27 May 2015 | 3:04 PM ET

    General Motors made the biggest move so far Wednesday, announcing that both systems will be available in seven 2016 Chevrolet models starting in the summer. Earlier in the week, Hyundai announced the Android system in the Sonata midsize car. People are familiar with smartphones and have music libraries, podcasts, social media contacts and other personal items...

  • French startups beg expats - 'Come home, work for us' Wednesday, 27 May 2015 | 12:57 PM ET

    PARIS, May 27- French startup companies desperate for talent with international experience launched a campaign on Wednesday to persuade expats to return, pooling their resources to offer free repatriation help and advice as part of the package. Despite France's reputation as a high tax, low growth, bureaucratic country, the claim to be a centre for dynamic...

  • Traveling with your dog will cost you _ sometimes hundreds Wednesday, 27 May 2015 | 10:35 AM ET

    LOS ANGELES— Having an 80- pound Labradoodle as a travel buddy means B.L. Ochman can quickly separate the hotels that love dogs from those that just put up with them. A bed-and-breakfast she visited north of New York City wouldn't let her pooch Benny trot around in the main house, among other troubles. Ochman, a Manhattan Internet strategist, has since discovered...