Economy
Fed to start tapering bond purchases this year: Bernanke
The Federal Reserve maintains its $85 billion-a-month asset purchase program, but says it could begin scaling back later this year.
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From high atop the summit of Mount Fuji last summer, despite miserable weather and poor visibility, 32-year-old tech enthusiast Joseph Tame sent video coverage of a spectacular solar eclipse live to the Internet from an impromptu mobile-broadcasting studio. With little more than a laptop ...
Teenagers and marketers aren’t the only ones riding the social- media wave — several police departments in Japan have joined in, running their own community blogs to improve communication with residents. The latest to join the blog craze are four chuzaisho (police stations that ...
The arrival of Apple’s iPad at the end of last month sent shock waves through Japan’s publishing industry. In the ensuing 2 1/2 weeks, dozens of publishers have announced plans to digitize magazine and other content, while others have set up think tanks to ...
“Wow, it’s popping out at me!” shouts a golfer as he watches sand fly off a bunker shot and hears the splash of a golf ball hitting a water hazard. But this exclamation doesn’t come from a golf course, the sportsman and his friends ...
SAN FRANCISCO — T he next iPhone comes out June 24 and will have a higher-resolution screen, longer battery life and thinner design. CEO Steve Jobs opened Apple Inc.’s annual conference for software developers Monday by demonstrating the iPhone 4, which will cost $199 ...
The music business reinvents itself every 20 years or so — basically every time a new format comes down the pike. But the industry has never faced the kind of fundamental challenge presented by the digital file-sharing revolution. The Internet looks set to destroy ...
Fifty-two floors above the ground in Tokyo’s Roppongi district, one man is reaping all the applause. As he soaks it up, the look on his face is difficult to read. It has been over four years since he last received such attention, and he ...
LOS ANGELES (AP) At first touch, the PlayStation Move feels awfully familiar. Unveiled at the recent Game Developers Conference in San Francisco, Sony’s forthcoming wand-shaped motion controller and the smaller subcontroller handle similarly to Nintendo’s Wii Remote and Nunchuck. There are differences, of course: ...
SAN FRANCISCO (AP) Viacom Inc. and Google Inc.’s YouTube site began airing each other’s dirty laundry Thursday, providing a tantalizing peek at the wheeling and dealing that triggered a bitter battle over the copyright laws governing the Internet. The previously confidential information came out ...
NEW YORK (AP) An upcoming musical video game lets players strum a real six-string electric guitar instead of tapping buttons on a fake instrument. “Power Gig: Rise of the SixString” is a game first and foremost. But its maker, Seven45 Studios, said players will ...
NEW YORK (AP) A new Web sensation called Chatroulette! feels like a throwback to the early 1990s, when online chat rooms brimmed with lonely strangers looking for meaningful connections, meaningless sex, or something in between. But this time, there’s a twist: Everyone on the ...
NEW YORK (AP) Microsoft Corp. has said its new software for smart phones, Windows Phone 7 series, is a “clean break” with the past. Now it’s clear just how clean that break is: The new phones, expected late this year, won’t run any applications ...