AP Technology NewsBrief at 10:08 p.m. EST
(Associated Press Via Acquire Media NewsEdge) 'Borderlands 2,' 'Dishonored' win at Spike VGAsLOS ANGELES (AP) _ The cartoony post-apocalyptic shoot-'em-up sequel "Borderlands 2" and the stealthy first-person game "Dishonored" were among the early winners at the Spike Video Game Awards on Friday. "Borderlands 2" was picked as best shooter and multiplayer game, while "Dishonored" was awarded with the best action-adventure game trophy at the gaming extravaganza.
Super-clear format can puncture 'Hobbit' fantasyLOS ANGELES (AP) _ One thought struck me as I watched the new "Hobbit" movie in the latest super-clear format: "The rain looks fake. It's not hitting their faces!" That is just one consequence of filmmaker Peter Jackson's decision to shoot his epic, three-part "Lord of the Rings" prequel with a frame rate of 48 images per second, double the 24 that cinemagoers have experienced for the past century.
Why is Wall Street losing its appetite for Apple SAN FRANCISCO (AP) _ This holiday season is shaping up to be a record-breaking period for Apple as shoppers snap up iPhones and iPads. So, why is the world's most valuable company losing its luster with investors Apple began selling the iPhone 5 on Sept. 21, the same day the company's stock hit an all-time peak of $705.07 per share. Since then, the stock has plunged nearly 25 percent, trimming the company's market value by more than $150 billion. On Friday, the stock fell almost 3 percent and closed at $533.25.
Apple's softer side emerges under CEO CookNEW YORK (AP) _ "Those jobs aren't coming back." That's what Steve Jobs reportedly told President Obama when asked at a dinner in early 2011 whether Apple would consider moving some of its manufacturing from China to the United States.
Cisco grabs for 'No. 1 IT company' crownNEW YORK (AP) _ Cisco Systems Inc. isn't content to be the world's largest maker of computer networking gear. It says it wants to become the "No. 1" supplier of information technology to big businesses by broadening its offerings of services and software. But when Cisco says "No. 1 IT company," it doesn't mean that it's going to be the biggest-selling company. That goal is out of reach, as IBM Corp.'s revenue is twice that of Cisco.
Apple to produce line of Macs in the US next yearNEW YORK (AP) _ Apple CEO Tim Cook says the company will move production of one of its existing lines of Mac computers from China to the United States next year. Industry watchers said the announcement is both a cunning public-relations move and a harbinger of more manufacturing jobs moving back to the U.S. as wages rise in China.
Phone cos. to relay 911 texts by May 2014WASHINGTON (AP) _ The Federal Communications Commission says the nation's four largest wireless carriers have agreed to relay text messages to text-enabled 911 call centers by May 2014. The four carriers _ AT&T, Verizon, Sprint and T-Mobile _ cover 90 percent of the population. However, only a handful of call centers are able to receive texts today, and it's unclear how many will be able to receive them in 2014.
Netflix gets SEC notice over CEO's Facebook postNEW YORK (AP) _ Netflix Inc. is facing scrutiny from government regulators for a Facebook post by its CEO in July that may have boosted the online video company's stock price. Neflix said Thursday that the Securities and Exchange Commission informed it that its staff is recommending civil action be brought against the company and CEO Reed Hastings. The reason: Hastings' July 3 post in which he said Netflix's online video viewing "exceeded 1 billion hours for the first time ever in June."
T-Mobile to get Apple devices soon, iPhone likelyNEW YORK (AP) _ T-Mobile will likely start carrying the iPhone next year after its parent company, Deutsche Telekom, said it has reached a new deal with Apple. T-Mobile USA had been the lone iPhone-less carrier among the four national wireless companies in the U.S. Although it has been possible to use iPhones on T-Mobile networks, customers had to provide the phones themselves. The phones also work at much slower speeds, though T-Mobile has been reshuffling its network to match or exceed AT&T's data speeds.
APNewsBreak: Dispute over records at nuclear plantLOS ANGELES (AP) _ A federal board Friday ordered the operator of a shuttered nuclear power plant in California to turn over dozens of pages of documents that were withheld when the company submitted a plan to restart one of its damaged twin reactors. The records at issue were prepared by industry experts who have helped Southern California Edison investigate why the San Onofre plant's nearly new steam generators caused excessive wear to hundreds of tubes that carry radioactive water.
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