AP Technology NewsBrief at 6:20 p.m. EST
(Associated Press Via Acquire Media NewsEdge) Apple CEO: Shareholder lawsuit is 'silly sideshow'Apple CEO Tim Cook is calling a shareholder lawsuit against the company a "silly sideshow," even as he said he is open to looking at the shareholder's proposals for sharing more cash with investors. Investor David Einhorn sued Apple Inc. last week, saying a proposal slated for a vote at the company's annual meeting in two weeks would make it more difficult to enact his plan to reward shareholders by distributing a new class of shares.
Intel working on TV set-top box to replace cableIntel Corp. said Tuesday that it will sell a set-top box that brings Internet-delivered movies and shows to a TV set this year. Erik Huggers, general manager of Intel Media, said the company plans to sell a box that will offer "a vastly superior experience" to today's cable boxes.
Another major Dell shareholder opposes $24.4B saleSAN FRANCISCO (AP) _ A shareholder rebellion against Dell's proposed $24.4 billion sale to its founder and other investors is gaining more support, fueling a belief that the struggling personal computer maker will have to wrangle a higher price to get the deal done. Mutual fund firm T. Rowe Price joined the opposition Tuesday. T. Rowe Price and another shareholder, Southeastern Asset Management, believe that founder and CEO Michael Dell and the investment firm Silver Lake are being allowed to seize control and end Dell Inc.'s 25-year history as a publicly held company for too little money.
Yahoo CEO plans to prune company's mobile appsSAN FRANCISCO (AP) _ Yahoo CEO Marissa Mayer thinks the Internet company will be able to please more people with fewer smartphone applications. Mayer told an audience of investors during a Tuesday presentation that she thinks Yahoo will be better served with just 12 to 15 mobile applications, down from a "scattered" portfolio of as many as 75 different programs in recent years.
US plan aimed at keeping China out of US networksWASHINGTON (AP) _ The White House cybersecurity executive order, to be unveiled Wednesday by President Barack Obama's top security officials, will be the most comprehensive plan yet for confronting electronic attacks on America's computer networks, or at least a good-faith effort amid an alarming tide in industrial espionage in the past year that experts blame mostly on China. The strategy is expected to urge businesses to enforce tougher standards to protect online commerce and direct U.S. intelligence agencies to share even classified threat data with companies considered vital to the U.S. economy, such as transportation and banking.
Netflix, DreamWorks to make original kids seriesLOS ANGELES (AP) _ Netflix is buffing up its credentials as a popular way for parents to keep their kids entertained. The subscription video provider said Tuesday that it will team up with DreamWorks Animation SKG Inc. to create its first original cartoon series for kids.
'A great adventure' _ how to crowdfund a musicalNEW YORK (AP) _ When Jeff Bowen's off-Broadway musical "Now. Here. This." closed last year, he and his collaborators were left with some great things _ plenty of good reviews, some new fans and memories. That was great, but what they really wanted was a cast album.
Alone, together: Snowed in, in the age of hashtagsHAMDEN, Conn. (AP) _ The East Coast woke up under a blanket of snow this weekend and collectively documented the experience on the myriad social and mobile inventions of the past decade. Facebook, Twitter and other technologies make it increasingly difficult to stay isolated _ even if you're stuck home alone. "The funny thing is that I actually checked my Instagram feed before I even looked out my own window," says Eric Witz, who lives in Medford, Mass.
Clarification: Casino-TV Gambling storyATLANTIC CITY, N.J. (AP) _ In a story Feb. 11, The Associated Press reported that the Borgata Hotel Casino & Spa in Atlantic City, N.J., would be the nation's first casino to let guests gamble on television sets in their rooms. The story should have made clear that similar programs were operated on a trial basis in other resorts.
Tech innovators honored at Oscars dinnerBEVERLY HILLS, Calif. (AP) _ A room full of engineers, computer whizzes and technicians brought the crew of the Starship Enterprise down to Earth for a night at the Sci-Tech Oscars. Zoe Saldana and Chris Pine hosted the annual awards dinner in which the Academy of Motion Pictures Arts and Sciences beams its spotlight on the latter half of its name.
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