Google drops cash into Lending Club for minority interest

Google has dropped a significant investment into loan-pairing company Lending Club, the companies announced today.

Lending Club announced today that Google has invested in its operation to take a minority stake in the company. Lending Club didn't say exactly how much Google invested, but did say that it was part of a $125 million round of financing. Google and another investor, Foundation Capital, acquired shares from existing investors.

Since its founding in 2007, Lending Club has been growing significantly. The company facilitates loan transactions between those who need cash and those who are willing to dole it out. Lending … Read more

Intel's next CEO: Manufacturing chief Brian Krzanich

Intel has named Chief Operating Officer Brian Krzanich as its next CEO, to succeed Paul Otellini as chief executive of the chip giant in a couple weeks.

In addition, Intel appointed Renee James to the role of president. She previously served as the executive vice president overseeing Intel's software and services group.

Krzanich joined the Santa Clara, Calif., company in 1982 and has worked in many different technical areas since that time. He now runs the company's manufacturing operations and also oversees supply chain, human resources, and information technology operations following his appointment as chief operating officer in … Read more

Latest Windows 8.1 build beefs up IE developer tools

Developers who need to peek at the code behind Web pages in Internet Explorer will find more robust tools in Windows 8.1.

A leak of Windows 8.1 Build 9385 reveals a overhaul to the developer panel in IE. Pressing F12 in any current version of Internet Explorer displays a panel that allows you to examine the HTML and CSS code, scripts, and many other elements. Developers can use this feature to analyze the code behind third-party Web sites or to troubleshoot problems with their own Web pages.

Windows 8.1 has upped Microsoft's browser to Internet Explorer … Read more

J.C. Penney apologizes for former Apple exec's moves

J.C. Penney has launched a new ad campaign apologizing for the decisions made under Ron Johnson, its former chief executive and Apple's one-time retail chief.

The new ad, posted to YouTube, focuses people in different locations as a narrator acknowledges the company's recent mistakes that left customers unhappy and pushed revenue down billions of dollars.

"It's no secret, recently JCPenney changed," the narrator says over the ad. "Some changes you liked and some you didn't, but what matters from mistakes is what we learn. We learned a very simple thing: to listen … Read more

Microsoft has smaller Surface tablets in the works, report says

Microsoft is readying smaller Surface devices, according to a report.

The "second-generation" Surface tablets may be announced in the coming months, possibly at the upcoming Build Conference in June, according to a report in DigiTimes.

This follows a report last month in the Wall Street Journal that claimed the company is preparing a 7-inch tablet.

Second-generation Surface devices will sport displays with sizes between 7 inches and 9 inches, according to the report. Component suppliers include Samsung Electronics, LG Display, Corning, and Intel.

Microsoft needs to bring out tablets with smaller screen sizes in order to compete with … Read more

Google Glass code lets you snap a photo with a wink

The next Google Glass owner who winks at you may actually be taking your picture.

New code cooked up by Google Glass developer Mike DiGiovanni enables the wink gesture in the high-tech specs.

Dubbed Winky, the feature can even be used to snap a photo when the screen is turned off. As a result, Winky eliminates the need to issue a voice command or tap a button to take a picture.

Google Glass users who want to try out a few winks will need some development skills of their own.

DiGiovanni has released Winky as pure Android source code, according … Read more

Jony Ive, iOS 7, and what Apple learned from MySpace

While we don't know when iOS 7 will make its debut, here's what we do know: it will be the biggest reinvention of Apple's flagship OS in years -- perhaps ever.

iOS was Scott Forstall's baby since its inception. He was an advocate of skeuomorphism, a design philosophy that brings the look and feel of real-world objects into software design. iOS' linen backgrounds, notepads, and famously terrible podcast app are all examples of this philosophy in practice.

Skeuomorphism has dominated iOS for years, thanks to Forstall and Steve Jobs, who also advocated for the approach. Its … Read more

Chrome caching to smooth out rough patches in network

Google is working on software that will improve Chrome during moments when people lose their network connection by letting the browser load its own stored copy of previously visited Web pages.

Google programmer Randy Smith said yesterday he's added support for "offline cache mode" to Chrome. It's only on the developer version of the browser so far, and it's disabled by default, but the flag to enable it says the feature will let Chrome load Web pages from the browser's local cache if the online version isn't available. That could help when reloading … Read more

Google, Nike, Jawbone and the fight to win wearable computing

When wireless headset company Jawbone announced plans Tuesday to buy wearable sensor maker BodyMedia for what a source said was more than $100 million, it may well have marked a turning point for wearable computing.

The technology, which includes everything from Google Glass eyewear to heart-rate monitors to sensors that slip into running shoes, has come of age. It's moving past the niche gizmos that only appeal to geeks and gearheads.

As a real business materializes around the technology, a battle is brewing among companies that want to put themselves at the heart of it, and profit from its … Read more