San Francisco - Shares of Apple opened sharply lower in US trading Thursday as investors worried that the company's performance would flounder without founder and CEO Steve Jobs at the helm.
Jobs announced he was taking medical leave until the end of June to deal with health problems that were more complex than he had earlier divulged. Investors were also concerned that Apple could face shareholder lawsuits alleging that Jobs' halting revelations about his health failed to meet the necessary standards of disclosure.
San Francisco - Poet and playwright Elizabeth Alexander will be only the fourth poet to be featured at a presidential inauguration on Tuesday.
Alexander, an African-American professor at Yale University, said that she started writing the inaugural poem about a month ago and that Obama's decision to include a poet in the ceremony reflected his recognition of the power of words.
San Francisco - Stanford University is launching a 100- million-dollar energy institute to fund research into batteries, solar cells and other aspects of green energy.
The California university has spawned technologies that led to the formation of companies like Hewlett Packard and Google, and the new institute is expected to boost the ability of Silicon Valley to become a world leader in green energy. The tech region already boast a 500-million-dollar energy institute at the University of California at Berkeley.
San Francisco - Yahoo is to name Carol Bartz, the former chief executive of software company Autodesk, as its new CEO, the Wall Street Journal reported Tuesday.
The report comes after a two-month search for a replacement for company founder Jerry Yang, who was widely blamed for botching merger talks with Microsoft that would have proved highly lucrative to many shareholders.
San Francisco - Time Warner, the world's largest media conglomerate, said Wednesday that it will take a 25-billion-dollar write-down in its fiscal fourth quarter, propelling the company to its first annual loss in six years.
In 2002, Time Warner suffered a record-breaking annual loss of 98.7 billion dollars.
Before Wednesday's announcement the company had expected a 2008 profit of between 1.04 and 1.07 dollars per share.
The hi-tech industry was delivered a shock by Apple, when the company announced that its chief executive Steve Jobs, will no longer be making his keynote annual address to the industry at the Macworld Expo in San Francisco.
San Francisco - Shares of Apple opened sharply lower in US trading Thursday as investors worried that the company's performance would flounder without founder and CEO Steve Jobs at the helm.
San Francisco - Poet and playwright Elizabeth Alexander will be only the fourth poet to be featured at a presidential inauguration on Tuesday.
San Francisco - Stanford University is launching a 100- million-dollar energy institute to fund research into batteries, solar cells and other aspects of green energy.
San Francisco - Yahoo is to name Carol Bartz, the former chief executive of software company Autodesk, as its new CEO, the Wall Street Journal reported Tuesday.
San Francisco - Time Warner, the world's largest media conglomerate, said Wednesday that it will take a 25-billion-dollar write-down in its fiscal fourth quarter, propelling the company to its first annual loss in six years.
The hi-tech industry was delivered a shock by Apple, when the company announced that its chief executive Steve Jobs, will no longer be making his keynote annual address to the industry at the Macworld Expo in San Francisco. 
