Most Read: Business

DJIA
1.17%
S&P 500
0.36%
NASDAQ
0.11%
 Last Update: 03:22 PM 10/30/2014

World Markets from      

 

Other Market Data from      

 

Key Rates from      

 

Blog Contributors

Timothy B. Lee

Timothy B. Lee

Timothy B. Lee covers technology policy, including copyright and patent law, telecom regulation, privacy, and free speech. He also writes about the economics of technology. He has previously written for Ars Technica and Forbes. You can follow him on Twitter or send him email.

Brian Fung

Brian Fung

Brian Fung covers technology for The Washington Post, focusing on electronic privacy, national security, digital politics and the Internet that binds it all together. He was previously the technology correspondent for National Journal and an associate editor at the Atlantic. His writing has also appeared in Foreign Policy, Talking Points Memo, the American Prospect and Nonprofit Quarterly. Follow Brian on Google+ .

Andrea Peterson

Andrea Peterson

Andrea Peterson covers technology policy for The Washington Post, with an emphasis on cybersecurity, consumer privacy, transparency, surveillance and open government. She also delves into the societal impacts of technology access and how innovation is intertwined with cultural development.

Post Tech
About / Where's Post I.T.?   |    Twitter  |   On Facebook  |  RSS RSS Feed  |  E-Mail Cecilia
Posted at 03:35 PM ET, 10/24/2012

E.U. hits Microsoft with browser complaint #thecircuit

This story has been updated.

E.U. hits Microsoft with browser complaint: The European Union filed a formal complaint against Microsoft for not offering consumers more browser choice in Windows 7. According to the Associated Press, Microsoft said that a technical error kept it from complying with an antitrust settlement requirement that said the company had to include a “browser choice screen” in its operating system.

In a statement to the AP, Microsoft said, “We take this matter very seriously and moved quickly to address this problem as soon as we became aware of it. Although this was the result of a technical error, we take responsibility for what happened.”

Reuters had previously reported that the E.U. was in the final stages of formalizing its concerns late last month.

Microsoft has also been in talks with the E.U. over including a choice screen in its upcoming system, Windows 8.

In a statement to The Post, Microsoft said, “After discussions with the Commission, we are changing some aspects of the way the Browser Choice Screen works on Windows 8 and will have those changes implemented when Windows 8 launches later this week.”

Facebook reports earnings: Facebook reported better-than-expected earnings Tuesday, sending the stock soaring up over 20 percent for a share price of $23.61 Wednesday afternoon.

The company actually lost money, but far less than analysts were expecting — a net loss of $59 million on revenues of $1.26 billion.

“I want to dispel this myth that Facebook can’t make money on mobile,” said CEO Mark Zuckerberg in a conference call Tuesday. “This may have seemed true earlier this year because we hadn’t started trying yet.”

AT&T: In its earnings report Wednesday, AT&T said that subscriber growth has slowed and that it added a net total of 151,000 customers from July through September. The Associated Press reported that is the lowest number for that period since at least 2003.

AT&T said that the slowdown is in part due to supply problems with the iPhone 5, and that it will be more focused on expanding its services rather than adding more to its customer base going forward.

Apple introduces iPad mini: Apple introduced a slew of products Tuesday, but the star of the event was undoubtedly the company’s new tiny tablet, the iPad mini.

As in computers and laptops, Apple strove to maintain its position as a high-quality computer manufacturer whose products cost more than those of the competition. The basic version of the iPad mini is tagged at $329, well above Amazon’s $199 Kindle Fire.

Apple’s strategy didn’t seem to agree with Wall Street. As soon as the price was unveiled, a sell-off in the firm’s stock accelerated.

ESRB rolls out ratings for digitally distributed games: The Entertainment Software Rating Board announced Wednesday that it has introduced a system to make it easier for developers to assign content ratings to digitally distributed games.

This includes gaming apps as well as games distributed over platforms such as Xbox Live and PlayStation Live. Developers will be able to answer a quick questionnaire that will not only rate content but also disclose when games share personal information or location, or includes features that have gamera interact with players online.

“It’s a new day for ratings,” said ESRB President Patricia Vance in an interview with The Post. “We’re evolving as the industry evolves, addressing the needs of the digital marketplace.”

By  |  03:35 PM ET, 10/24/2012

 
Read what others are saying
     

    © 2011 The Washington Post Company