 | Good afternoon Bit |  |  | Apple co-founder Steve Wozniak told Reuters he would consider returning to take an active role at the consumer electronics giant. Wozniak, a lifelong hands-on engineer, said he liked technology to be relatively open so that he could add his own touches. "My thinking is that Apple could be more open and not lose sales," said Wozniak, but added: "I'm sure they're making the right decisions for the right reasons for Apple."
The Federal Security Service, Russia's domestic spy agency, called for access to encrypted communication providers like Gmail, Hotmail and Skype, saying the uncontrolled use of such services could threaten national security. The proposal provoked a wave of negative comments in the Russian language online, with many saying the country could follow China's attempts to limit the Internet.
Startup Fusion-io, backed by Steve Wozniak and Michael Dell, said it can outwit computer-storage incumbents like EMC by putting a solid-state flash memory drive directly into the computer server rather than in the traditional storage area, which is further away and takes longer to reach, effectively speeding up data processing by a factor of 10.
There's an app for:
Wealth management on tablets: Orion Advisor Services' MobileAdvisor app displays portfolios, performance information and contact information and allows advisers using Orion's platform to rebrand the app, so clients download it, log in, track their portfolios, and view videos that the adviser provides. LogMeIn connects Apple iPad users to their office desktop computers, giving wealth managers information wherever their clients need it.
Students seeking financial aid: Student Devin Valencia's application uses demographic and personal data on Facebook to direct users to scholarships and aid that match their background and interests. Her app could be launched by the end of the year.
Fighting malaria: A team of graduate students says its smartphone application will allow healthcare workers in remote locations to diagnose malaria cases on the spot. The app works by taking a picture of a blood sample, processing the data to detect malaria parasites, quantifying how much malaria is in the sample and pointing the parasites out to the phone user. The team is working toward patenting and marketing the app. | | | Google, ITA deal approved with conditions | | April 08, 2011 02:46 PM ET | | WASHINGTON (Reuters) - The Justice Department approved Google Inc's purchase of ticketing software company ITA Software as long as ITA's products remain available to Google's rivals, among other conditions. | Full Article | | Google's Page makes first changes to management | | April 08, 2011 01:29 PM ET | | SAN FRANCISCO (Reuters) - Google Inc CEO Larry Page, in his first major reorganization since taking the reins as CEO, moved to streamline decision-making at the key social network, mobile, Internet software and Youtube product groups. | Full Article | | Escaped NY zoo cobra named Mia: "missing in action" | | April 08, 2011 12:21 PM ET | | NEW YORK (Reuters) - The venomous Egyptian cobra that slithered its way to fame by escaping its enclosure at New York's Bronx Zoo for a week before being recaptured has been given a name -- Mia, as in "missing in action." | Full Article | | | BUSINESS NEWS
| | Wall Street falls as oil climbs | | April 08, 2011 04:12 PM ET | | NEW YORK (Reuters) - Stocks fell late on Friday as a spike in oil prices revived worries that inflation would derail the recovery, jolting a market that had been treading water ahead of earnings. | Full Article | | With no budget deal, government shutdown looms | | April 08, 2011 04:08 PM ET | | WASHINGTON (Reuters) - With a midnight deadline looming, the White House and Congress scrambled on Friday to break a budget impasse that threatens to shut down the U.S. government and idle hundreds of thousands of federal workers. | Full Article | | Fed's policy divide seen in views of two officials | | April 08, 2011 11:50 AM ET | | DALLAS/KNOXVILLE, Tennessee (Reuters) - Dueling views on the outlook for inflation and U.S. monetary policy by two top Federal Reserve officials on Friday underscored divisions at the central bank as it nears the end of a controversial stimulus program. | Full Article | | SEC wrestling with private trading rules | | April 08, 2011 03:37 PM ET | | WASHINGTON/NEW YORK (Reuters) - U.S. securities regulators are conducting a broad review of share issuance rules for private companies, including the 500-shareholder threshold meant to mark the transition to public ownership. | Full Article | | | | U.S. TOP NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | | | | |
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