Tag Archives: New Zealand

Tech stocks: Yelp surges

Yelp’s fast rise following Wednesday’s earnings report continues. Here’s a look at the tech stocks to watch.

Positive reviews for Yelp. Shares of the online review site jumped nearly 11% in pre-market trading after announcing favorable first-quarter earnings.

The company’s revenue surged 68% compared to a year ago, as did the number of average monthly unique visitors and site reviews. Yelp also revealed it’s launching in New Zealand, which makes the local review service available in 21 countries.

After reaching a six-month low of $16.77 last November, Yelp shares have rebounded, adding $9 in value.

LinkedIn to report earnings. Shares of the professional social network are up 1.4% early as they prepare to reveal first-quarter earnings after the markets close.

Wall Street has fallen in love with

Article source: http://rssfeeds.usatoday.com/~r/usatoday-TechTopStories/~3/RW6OWhDF-So/

U.S. wins appeal in battle to extradite Kim Dotcom

WELLINGTON, New Zealand (AP) — U.S. prosecutors won a New Zealand court victory Friday in their battle to extradite Megaupload founder Kim Dotcom and three colleagues accused of facilitating massive copyright fraud through the now-defunct online file-sharing site.

The appeals court overturned an earlier ruling that would have allowed Dotcom and the others broad access to evidence in the case against them at the time of their extradition hearing, which is scheduled for August. The appeals court ruled that extensive disclosure would bog down the process and that a summary of the U.S. case would suffice.

Dotcom says he’s innocent and can’t be held responsible for those who chose

Article source: http://rssfeeds.usatoday.com/~r/usatoday-TechTopStories/~3/eQcKqOcDnFM/

Giant squid science story emerges from the deep

Scientists have filmed the first views of the giant squid, a mild monster of the deep sea.

Kraken. Devilfish. Giant squid. One of the mysterious inhabitants of the deep ocean gets its close-up this weekend, seen for the first time alive and in its natural habitat.

Sought by scientists for centuries, the views of giant squids, creatures about 40 feet long dwelling in the deep ocean, arrive Sunday in Monster Squid: The Giant is Real, on the Discovery Channel (8 PM ET/PT). Underneath the excitement of the long-sought sea monster appearing alive is a serious scientific story, say the researchers who helped capture the first film views of the undersea creatures.

“Our

Article source: http://rssfeeds.usatoday.com/~r/usatoday-TechTopStories/~3/GzWQJmZJRw0/

Indicted Megaupload founder launches new site

SYDNEY (AP) — Indicted Megaupload founder Kim Dotcom launched a new file-sharing website on Sunday, promising users amped-up privacy levels in a defiant move against the U.S. prosecutors who accuse him of facilitating massive online piracy.

The colorful entrepreneur unveiled the “Mega” site ahead of a lavish gala and press conference at his New Zealand mansion on Sunday night, the anniversary of his arrest on racketeering charges related to his now-shuttered Megaupload file-sharing site. Megaupload, which Dotcom started in 2005, was one of the most popular sites on the Web until U.S. prosecutors shut it down, accusing Dotcom and several company officials of facilitating millions of illegal downloads.

In Dotcom’s typical grandiose style, the launch party featured a tongue-in-cheek

Article source: http://rssfeeds.usatoday.com/~r/usatoday-TechTopStories/~3/sscG8wIJDJg/

Soon-to-relaunch Mega goes online at Mega.co.nz