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AT&T In Talks To Buy DirecTV For $50 Billion

DALLAS (UPI) — AT&T is in talks to buy satellite TV provider DirecTV for a reported $50 billion, expanding the wireless, phone and high-speed broadband provider’s services to satellite TV. The two companies are discussing a deal that would involve a mixture of cash and AT&T stock but that would have DirecTV’s management run the […]

Large Tech Companies Slam FCC’s Proposed Net Neutrality Rules

WASHINGTON (UPI) — A group of large tech companies, including Google, Facebook and Amazon, have written a letter to the Federal Communications Commission expressing concern over proposed net neutrality rules. The companies expressed their desire for a free and fair internet saying their success could be attributed to “a world without discrimination.” They want users […]

Target Chairman And CEO Resigns Amid Data Breach Fallout

MINNEAPOLIS (UPI) — Target chairman and CEO Gregg Steinhafel resigned Monday in the wake of continuing fallout from a massive data breach last December that left millions of customers’ credit card data unprotected. “Today we are announcing that, after extensive discussions, the board and Gregg Steinhafel have decided that now is the right time for […]

Amazon Users Can Add Items To Shopping Cart Directly From Twitter

SEATTLE (UPI) — Amazon announced a partnership with Twitter that allows users to link both accounts and add products to their shopping cart by using the hashtag #AmazonCart. The new initiative would require Twitter users to link their their account to their Amazon account. Users can add items to their shopping cart automatically by responding […]

Windows XP Users Included In Internet Explorer Security Patch

SEATTLE, May 1 (UPI) — Microsoft has issued a security patch for the security hole in all versions of Internet Explorer, and has even included a patch for XP users. The tech company had stopped issuing updates and support for XP users form April 8, and said that the issuance of this update did not […]

Consumer Spending Accelerates Fastest Since 2009

WASHINGTON, May 1 (UPI) — Consumer spending accelerated the most in five years in March, as shoppers embraced the warmer weather and made a beeline to auto dealers and malls. Personal consumption — which includes purchases from cars to sliced bread — was up a seasonally adjusted 0.9 percent, the Commerce Department said. This was […]

Jobless Claims Jump For Second Straight Week, Up 14,000 To 344,000

WASHINGTON, May 1 (UPI) — The number of Americans filing for unemployment benefits rose for the second straight week by 14,000 new claims to a seasonally adjusted level of 344,000. This is the highest level seen since February and came as a surprise to economists who had estimated claims would fall to 320,000 for the […]

Mark Fields To Replace Alan Mulally As Ford CEO

DETROIT, May 1 (UPI) — Ford CEO Alan Mulally, who is credited with turning around the car maker, will retire July 1 and will be succeeded by his lieutenant Mark Fields. Fields has long been seen as the CEO-in-waiting after he was promoted to chief operating officer in 2012. Before being appointed COO, Fields was […]

Northrop Producing Counter-IED Jamming Backpack System

SAN DIEGO, April 30 (UPI) — Electronic jamming backpack systems to protect U.S. Marines from roadside improvised explosive devices are being produced by Northrop Grumman. Five initial production systems have been ordered from the company for testing under the Counter Radio-controlled IED Electronic Warfare Marine Expeditionary Unit Special Operation Capable, or CREW MEU, contract, which […]

B&W Subsidiary To Manufacture Nuclear Power Systems For Navy

CHARLOTTE, N.C., April 30 (UPI) — A subsidiary of The Babcock & Wilcox Company is to manufacture nuclear components to support U.S. Defense programs, B&W reported on Wednesday. Work by subsidiary B&W Nuclear Operations Group Inc., under a $23.7 million incremental order, includes the manufacture of U.S. Navy nuclear power systems for submarines and aircraft […]

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