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TMCNet:  AP Technology NewsBrief at 1:25 p.m. EST

[November 19, 2012]

AP Technology NewsBrief at 1:25 p.m. EST

(Associated Press Via Acquire Media NewsEdge) Intel CEO Paul Otellini to retire in surprise moveSAN FRANCISCO (AP) _ Intel CEO Paul Otellini is retiring in May, giving the world's largest maker of microprocessors six months to find a new leader as it tries to navigate a shaky economy and adapt to a shift toward mobile devices that has reduced demand for its computer chips. Although Otellini's impending departure was announced Monday, he notified Intel Corp.'s board of his retirement plan last Wednesday. The decision caught the board by surprise because Intel's protocol typically calls for its CEOs to step down when they turn 65. Otellini is 62.


Wii U: New console launches in a sea of gadgetsNEW YORK (AP) _ In the six years since the last major video game system launched, Apple unveiled the iPhone and the iPad, "Angry Birds" invaded smartphones and Facebook reached a billion users. In the process, scores of video game consoles were left to languish in living rooms alongside dusty VCRs and disc players. On Sunday, Nintendo Co. is launching the Wii U, a game machine designed to appeal both to the original Wii's casual audience and the hardcore gamers who skip work to be among the first to play the latest "Call of Duty" release. Just like the Wii U's predecessor, the Wii, which has sold nearly 100 million units worldwide since 2006, the new console's intended audience "truly is 5 to 95," says Reggie Fils-Aime, the president of Nintendo of America, the Japanese company's U.S. arm.

Cisco Systems to buy Meraki for $1.2 billionNEW YORK (AP) _ Cisco Systems Inc., the world's largest maker of computer networking gear, said Sunday it is buying Meraki for $1.2 billion to expand its ability to let customers compute in the cloud. Cloud computing refers to the increasingly popular practice of storing software applications in remote data centers that are accessed over the Internet instead of installing programs on individual machines.

Apple climbs; Topeka calls share sell-off 'insane'NEW YORK (AP) _ Shares of Apple jumped nearly 6 percent Monday, with one analyst calling a two-month sell-off in shares of the most valuable company on earth "insanely insane." After hitting an all-time of $705.10 on the day the company launched the iPhone 5, Apple's stock slumped into correction, and then into bear territory, down nearly 21 percent from that September high.

HP's fiscal 4Q to close the books on dismal yearSAN FRANCISCO (AP) _ Hewlett-Packard's fourth-quarter earnings will provide the latest snapshot of a technology pioneer struggling to regain its edge as its personal computers and printers lose their appeal in a market tilting toward smartphones and tablets. WHAT TO WATCH FOR: The results, due out after the stock market closes Tuesday, will close the books on a miserable year for the company, which is based in Palo Alto, Calif. The latest reporting period spanning from August through October will likely mark the fifth consecutive quarter that HP's revenue has declined from the previous year.

TV, movie features on new Wii U delayed until Dec.NEW YORK (AP) _ Some of the entertainment features on Nintendo's new Wii U won't be available when the game machine goes on sale Sunday. Nintendo didn't give a reason for the delay in Friday's news release. In a statement, the company said it wanted the service "to be the best possible experience for all consumers." Nintendo said it was still working to "make it available as soon as possible." Review: Nintendo Wii U blows up dual-screen gamingWhen Nintendo first broached the idea of multiple-screen video games in 2004, many critics were skeptical that players could focus on two images at once. Yet the handheld DS, blending one touch-sensitive screen with a slightly larger video display, became a runaway hit. Turns out the portable DS may have just been a dress rehearsal for Nintendo's latest home console, the Wii U, which blows up the dual-screen concept to living-room size. It goes on sale in the U.S. on Sunday, starting at $300.

Nintendo seeks to shake up gaming again with Wii ULOS ANGELES (AP) _ It can scan zombies, replace a TV remote, open a window into virtual worlds and shoot ninja stars across a living room. It's the Wii U GamePad, the 10-by-5-inch touchscreen controller for the successor to the Wii out Sunday, and if you ask the brains behind the "Super Mario Bros." about it, they say it's going to change the way video games are made and played. "You can't manufacture buzz," said Nintendo of America president Reggie Fils-Aime. "You can't manufacture word of mouth. All we can do is to provide the product and the games to foster some sparks that hopefully enable that to happen. We think we have that with Wii U." Judge approves FTC's $22.5M fine of GoogleSAN FRANCISCO (AP) _ A federal judge has approved a $22.5 million fine to penalize Google for an alleged privacy breach, rejecting a consumer-rights group's plea for tougher punishment. The blessing from U.S. District Judge Susan Illston came late Friday. She made her ruling a few hours after a hearing in San Francisco for final arguments about a fine that's the cornerstone a settlement reached three months ago between the Federal Trade Commission and Google Inc.

Israel and Hamas battle on social media as wellJERUSALEM (AP) _ The hostilities between Israel and Hamas have found a new battleground: social media. The Israeli Defense Forces and Hamas militants have exchanged fiery tweets throughout the fighting in a separate war to influence public opinion.

(c) 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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