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Apple and Wall Street religions are out of sync

After climbing to more than $700 eight months ago, Apple's shares continued their steep decline on Wednesday. After falling below $400 for the first time since 2011, the shares closed at $402.80, down $23.44, or 5.5 percent.

This has been a slow-motion stock rout as many Wall Streeters have soured on Apple, reducing forecasts for the company while adopting a decidedly negative opinion about its future prospects. The trigger for today's sell-off was Cirrus Logic, which supplies analog and audio chips to Apple. The company issued a disappointing quarterly forecast, which got interpreted as a … Read more

Tweets arrive on Bloomberg terminals

In the latest triumph for the real-time social network, Twitter will now be incorporated into the Bloomberg terminals popular with Wall Street traders.

The company says it plans to incorporate tweets into its data service, widely used in the financial industry, so that people can monitor social media buzz about companies, according to The New York Times.

The irony is that financial services firms have long blocked the service as a potential risk in violating the regulations that govern the communications of their employees.

In this example, though, Twitter isn't a channel for employee output, but public input.

More … Read more

Congratulations, you are now paint

SAN FRANCISCO--You are the blob. And you are the paint, too, if you let the art collective here known as Anticlockwise Arts have its way with you.

Last night at the Academy of Sciences' weekly NightLife event, the group debuted a new project called "Watercolor Walls" that mixes basic tech tools and audience participation to give new life to your stodgy old silhouette.

As one of the nearby DJs spun remixes of pop hits from the likes of Justin Timberlake, the crowd of more than a thousand walked, strutted, and shimmied between Watercolor Walls' camera and projector and a 15-foot-tall screen on its way from one end of the museum to the other. Using infrared light, the camera and projector would outline the silhouettes of people moving in front of the screen -- but there was more to it. … Read more

Washington Post to start charging frequent site users

The Washington Post won't be completely free online much longer.

The publication this summer plans to start charging users who access more than 20 articles or multimedia features a month. The Washington Post hasn't yet decided how much it will charge, according to an article on the newspaper's Web site.

Large portions of The Washington Post's audience will be exempt from fees, though, including home-delivery subscribers. Students, teachers, school administrators, government employees, and military personnel will have unlimited access to the Web site while in their schools and workplaces, the article said. And access to The … Read more

Apple and Google take divergent paths on Wall Street

Apple and Google are on a collision course. The two tech giants are battling to win the hearts and minds of users on the go and in the cloud with their various products, services, and platforms. But as far as Wall Street is concerned, Google is ascendant and Apple is waning.

According to a Citigroup report, Google has replaced Apple as the top holding by the largest U.S. mutual funds. At one point it was Apple that was heading for a $1,000 stock price -- now it's Google. Wall Street is valuing the future potential of Google'… Read more

Design Your Home Interior with MyFourWalls for Mac

Interior design is a visual task that does not come easily to many people. Luckily, MyFourWalls for Mac allows you to place custom modified furniture into rooms that you design in both 2D and 3D formats.

MyFourWalls for Mac easily allows the user to design rooms and place furniture into them. This program is capable of loading preexisting blueprints to be used for interior designing, or the user can design their own rooms. There are a variety of different view settings, modifiable furniture pieces, and design elements. The 2D models can be a little crowded, but all of the elements … Read more

'Chinese still hacking us,' says Wall Street Journal owner

Several U.S. media outlets experienced a massive wave of cyberattacks allegedly coming from the Chinese military over the last few months. While some newspapers have claimed that their networks are now safe, the Wall Street Journal may still be a victim of the online onslaught.

The newspaper's owner Rupert Murdock tweeted today, "Chinese still hacking us, or were over weekend."

Chinese still hacking us, or were over weekend.

— Rupert Murdoch(@rupertmurdoch) February 6, 2013

The Wall Street Journal confirmed last week that it had been the target of cyberattacks in recent months because of its coverage … Read more

Wall Street Journal: China hackers hit us, too

The Wall Street Journal said today that it's been the target of Chinese hackers stemming from its coverage of China, echoing reports from other news organizations.

Hackers infiltrated the newspaper's computer system through its Beijing bureau in order to monitor the paper's coverage of China, according to the report. Paula Keve, chief spokeswoman for the Journal's parent company, Dow Jones, issued a statement that said the hacks "are not an attempt to gain commercial advantage or to misappropriate customer information." The company completed a "network overhaul" on Thursday to increase security.

The … Read more

Wall Street is from Mars, Silicon Valley is from Venus

The dichotomy of reactions by Silicon Valley and Wall Street to Apple's most recent quarter are so far apart it's comical. At least, it would be comical if it didn't involve tens of billions of dollars flying out the proverbial window.

Apple posted a monster Q1, logging a whopping $54.5 billion in revenue and $13.1 billion in earnings. The company sold 47.8 million iPhones and 22.9 million iPads in the quarter, all records for Apple.

Apple's reward? A brutal sell-off on Wall Street that dropped the company's share price by 12 … Read more