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Universal Orlando to get Transformers ride in 2013

Universal Orlando to get Transformers ride in 2013
By Associated Press ORLANDO, Fla. (AP) - The popular 3-D ride based on the "Transformers" movie franchise is coming to Universal's theme park in Orlando in the summer of 2013, Universal announced Thursday. The announcement about the ride coming to Universal Studios Florida was made Thursday

Verizon says Sandy effects could be 'significant'

Verizon says Sandy effects could be 'significant'
NEW YORK (AP) - Verizon says the effects of Superstorm Sandy on its fourth-quarter earnings could be "significant." Verizon Communications Inc., whose downtown Manhattan facilities were flooded and are still without power, said Friday it is working to restore communications services to customers

Restructuring costs ding McGraw-Hill 3Q net

Restructuring costs ding McGraw-Hill 3Q net
NEW YORK (AP) - The McGraw-Hill Cos., an education and financial information company that owns the Standard & Poor's corporate credit rating firm, said Friday its third-quarter net income fell 14 percent, pulled down by costs related to the planned spinoff of its education division and cost

Samsung's Galaxy Note II hits 3 million sales

Samsung's Galaxy Note II hits 3 million sales
By YOUKYUNG LEEAP Technology Writer SEOUL, South Korea (AP) - Samsung Electronics Co. said Friday it has sold more than 3 million Galaxy Note II smartphones in a little over a month after its launch, as the company vies to keep its lead over rivals during the crucial holiday quarter. The South

Wipro profit up better than expected 24 percent

Wipro profit up better than expected 24 percent
By ERIKA KINETZAP Business Writer MUMBAI, India (AP) - Wipro reported September quarter profit of 16.1 billion rupees ($300.6 million) Friday, an increase of 24 percent in rupee terms, as customers in Europe turned to outsourcing to cut costs and growth begins to return to the U.S. Profit was

Priceline shares jump on 3Q earnings

Priceline shares jump on 3Q earnings
NORWALK, Conn. (AP) - Profit at travel website operator Priceline.com Inc. grew 27 percent in the third quarter, buoyed by a sharp rise in revenue on increased travel bookings. The company's adjusted results topped Wall Street forecasts, lifting its shares almost 10 percent in after-hours

Rovi shares jump on 3Q results

Rovi shares jump on 3Q results
SANTA CLARA, Calif. (AP) - Digital TV listings company Rovi Corp. slid to a loss in the third quarter, as revenue fell 7 percent from a year earlier and sales to its consumer electronics customers declined. The Santa Clara, Calif.-based company's adjusted results trumped Wall Street's

FCC: Fresh fuel critical for storm-hit cell towers

FCC: Fresh fuel critical for storm-hit cell towers
By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Federal regulators say wireless networks are inching back into operation in areas hit by Sandy, as carriers struggle to replenish diesel tanks at backup generators. The Federal Communications Commission says 19 percent of cell towers in a

Maine firm sues Microsoft over Windows 8 elements

Maine firm sues Microsoft over Windows 8 elements
PORTLAND, Maine (AP) - A small technology company based in Portland, Maine, has filed a patent infringement lawsuit against Microsoft over elements included in Windows 8. SurfCast Inc. filed the complaint Tuesday in U.S. District Court in Portland asking for unspecified damages. The lawsuit claims

LinkedIn 3Q results sail past expectations

LinkedIn 3Q results sail past expectations
By BARBARA ORTUTAYAP Technology Writer NEW YORK (AP) - LinkedIn Corp. outpaced Wall Street's expectations with its third-quarter results, solidifying its status as an investor favorite at a time when other Internet companies have fallen from grace. The professional networking company booked