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HP sells webOS operating system to LG Electronics

SAN FRANCISCO (Reuters) – Hewlett-Packard Co said on Monday it will sell the webOS operating system to South Korea’s LG Electronics Inc, unloading the smartphone software it acquired through a $ 1.2 billion acquisition of Palm in 2010.

LG will use the operating software, used in now-defunct Palm smartphones years ago, for its “smart” or Internet-connected TVs. The Asian electronics company had worked with HP on WebOS before offering to buy it outright.

Under the terms of their agreement, LG acquires the operating software’s source code, associated documentation, engineering talent, various associated websites, and licenses under HP’s intellectual property including patents covering fundamental operating system and user interface technology.

HP will retain the patents and all the technology relating to the cloud service of webOS, HP Chief Operating Officer Bill Veghte said in an interview.

“As we looked at it, we saw a very compelling IP that was very unique in the marketplace,” he said, adding that HP has already had a partnership with LG on webOS before the deal was announced.

“As a result of this collaboration, LG offered to acquire the webOS operating system technology,” Veghte said.

Skott Ahn, President and CTO, LG Electronics, said the company will incorporate the operating system in the Smart TV line-up first “and then hopefully all the other devices in the future.”

Both companies declined to reveal the terms of the deal.

LG will keep the WebOS team in Silicon Valley and, for now, will continue to be based out of HP offices, Ahn said.

HP opened its webOS mobile operating system to developers and companies in 2012 after trying to figure out how to recoup its investment in Palm, one of the pioneers of the smartphone industry.

The company had tried to build products based on webOS with the now-defunct TouchPad tablet its flagship product.

HP launched and discontinued the TouchPad in 2010, a little over a month after it hit store shelves with costly fanfare after it saw poor demand for a tablet priced on par with Apple’s dominant iPad.

WebOS is widely viewed as a strong mobile platform, but has been assailed for its paucity of applications, an important consideration while choosing a mobile device.

(Additional reporting By Paul Sandle and Alistair Barr; Editing by Gerald E. McCormick, Tim Dobbyn and M.D. Golan)

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Tom Cruise Bonds with Suri in Quiet Rendezvous Outside London

Label: Lifestyle

By Tim Nudd

02/28/2013 at 01:00 PM EST

Tom and Suri Cruise

Dave M. Benett/WireImage; Javier Mateo/Startraks

She's still his little girl.

Tom Cruise spent four to five days of quality time with daughter Suri last week, as he flew her over in his private jet from New York to London and then brought her up to the swanky Grove Hotel in Hertfordshire.

A source told PEOPLE that Suri was with her father for several days, "but they kept such a low profile that nobody really knew she was there."

Partly because of Cruise's film commitments, it hasn't been easy for father and daughter to spend much time together since the actor, 50, and Katie Holmes split last summer.

Tom and Suri were together at both Thanksgiving and Christmas last year, yet they communicate daily.

Suri, 6, is now based with her mother full time in New York City, where she is enrolled in Manhattan's private Avenues school. She cannot visit her father on set these days as easily as she could when she was home-schooled.

Meanwhile, Holmes, 34, was spotted courtside at the New York Knicks game at Madison Square Garden on Wednesday, just seats away from New York Giants star Victor Cruz.

Wall Street drifts after two-day run, Dow record in sight

Label: Business

NEW YORK (Reuters) - U.S. stocks edged higher on Thursday with investors hard-pressed to lift indexes to multi-year highs despite strong economic data.

The U.S. economy ticked up in the fourth quarter, reversing an earlier estimate showing contraction, and a drop in new claims for unemployment benefits last week added to a string of data that suggests the economy improved early this year.

Still, the positive revision to GDP data was expected and the claims continue a trend that is baked into prices. The market lacks catalysts as it digests its recent move higher, according to Kevin Caron, market strategist at Stifel, Nicolaus & Co in Florham Park, New Jersey, where he helps oversee $120 billion in assets under management.

"That's why I think you're seeing a fairly listless trading environment today," Caron said.

The Dow was within striking distance of a record high after a more than 7 percent year-to-date run. The Dow transports index <.djt>, seen as a bet on future growth, is up almost 13 percent this year and hit a record intraday high Thursday before turning slightly negative.

The Dow Jones industrial average <.dji> rose 14.79 points or 0.11 percent, to 14,090.16, the S&P 500 <.spx> gained 3.12 points or 0.21 percent, to 1,519.11 and the Nasdaq Composite <.ixic> added 9.13 points or 0.29 percent, to 3,171.39.

The Dow's intraday record, set October 11, 2007, stands at 14,198.10.

The S&P 500 has gained more than 2 percent in the past three sessions.

Equity markets suffered steep losses earlier in the week on concerns over the impact of an Italian election on the European economy, but bounced back on strong data and recent comments by Federal Reserve Chairman Ben Bernanke that showed continued support for the Fed's economic stimulus policy.

J.C. Penney Co Inc slumped 17.9 percent to $17.38 after the department store reported a steep drop in sales on Wednesday. Groupon Inc also slumped on weak revenue, with the stock off 20 percent at $4.76.

Cablevision shares tumbled nearly 10 percent after the cable provider took a $100 million hit on costs related to Superstorm Sandy and posted deeper video customer losses than expected.

Mylan Inc shares were on track to close at their highest ever after the generic drugmaker posted a 25 percent rise in fourth-quarter profit and said it will buy a unit of India's Strides Arcolab Ltd. Shares were last up 3.8 percent at $29.66.

Investors were keeping an eye on the debate in Washington over U.S. government budget cuts that will take effect starting Friday if lawmakers fail to reach agreement on spending and taxes. President Barack Obama and Republican congressional leaders arranged last-ditch talks to prevent the cuts, but expectations were low that any deal would emerge.

With 93 percent of the S&P 500 companies having reported results so far, 69.5 percent have beaten profit expectations, compared with a 62 percent average since 1994 and 65 percent over the past four quarters, according to Thomson Reuters data.

Fourth-quarter earnings for S&P 500 companies are estimated to have risen 6.2 percent, according to the data, above a 1.9 percent forecast at the start of the earnings season.

(Reporting by Rodrigo Campos, additional reporting by Ryan Vlastelica; Editing by Nick Zieminski)

U.S. Pledges Food, Medical Aid and $60 Million to Syrian Opposition

Label: World

ROME — Secretary of State John Kerry said on Thursday that the United States would provide food rations and medical supplies to the Free Syrian Army, the military wing of the opposition that is fighting to depose Syrian President Bashar al-Assad.

The assistance represents the first time that the United States has publicly committed itself to sending nonlethal support for armed factions that are battling the Assad government in the two-year-old uprising.

But the supplies Mr. Kerry announced fell well short of the weapons and equipment Syrian rebels have requested. And it remained unclear how such modest support might change Mr. Assad’s calculations about his ability to retain power, which Mr. Kerry has repeatedly said is Mr. Assad’s goal.

In addition to the nonlethal aid, the United States is providing $60 million in assistance to help the political wing of the Syrian anti-Assad coalition improve the delivery of basic services like sanitation and education in areas it has already wrested from the government’s control.

Mr. Assad is “out of time and must be out of power,” Mr. Kerry said, after meeting with Moaz al-Khatib, the leader of the Syrian opposition coalition, during a conference in Rome of the so-called “Friends of Syria” countries that support the anti-Assad uprising in Syria.

Defending the limited program of assistance to the Free Syrian Army, Mr. Kerry said that other countries would also provide help and that the “totality” of the effort would make an impression on Mr. Assad.

“We’re doing this, but other countries are doing other things,” Mr. Kerry said. But neither he nor any diplomat here provided details about that effort.

Britain is planning to provide more substantial nonlethal aid, which could include vehicles, bulletproof vests and night vision equipment, according to an American official. British officials have been consulting with their European counterparts about what sort of nonlethal aid might be allowed under the terms of European Union decisions and plans to announce its steps soon.

There has been speculation that the Obama administration might expand its program of support to the Free Syrian Army to include nonlethal equipment if rebel fighters use the initial assistance effectively and do not allow any of it to fall into the hands of extremists.

But Mr. Kerry provided no indication that such a phased expansion of nonlethal support was being planned by the White House.

American officials declined to discuss an ongoing covert program to train rebel fighters or the extent to which it has made a difference on the battlefield.

Some members of the Syria opposition said they were disappointed by the results of the Rome session.

“It is obvious that the real support is absent,” said Dr. Walid al-Bunni, a member of the anti-Assad coalition. What the resistance needed most, he said, was weapons. “What we want is to stop the Scuds launched on Aleppo, to stop the warplanes that are bombing our town and villages.”

Mr. Khatib, for is part, delivered an emotional statement in which he urged that steps be taken to establish a humanitarian corridor to the besieged city of Homs and complained that many in the West were too quick to judge some members of the opposition as Islamic extremists because of “the length of a beard of a fighter.”

“Bashar Assad, for once in your life, behave as a human being,” Mr. Khatib said. “Bashar Assad, you have to make at least one wise decision in your life for the future of your country.”

Facing divisions within the Syrian opposition about the value of the meeting, Mr. Khatib had initially decided to boycott the conference until he was encouraged to attend in phone calls from Mr. Kerry and Vice President Joseph R. Biden, Jr.

One aim of the $60 million in assistance is to help the National Coalition of Syrian Revolution and Opposition Forces, the umbrella resistance group that the United States backs and has helped shape, build up its credibility within the country and contest the influence of extremist groups like the Al Nusra Front, an Al Qaeda affiliated organization.

American officials have become increasingly concerned that the Al Nusra Front is making inroads among the Syrian population by dispersing assistance in the areas it controls, replicating a successful strategy used by Hezbollah, the militant Lebanese Shiite organization that is a politically powerful force in Lebanon.

Reporting was contributed by Anne Barnard and Hwaida Saad from Beirut, Lebanon, Mark Landler from Washington and Christine Hauser from New York.

HP sells webOS operating system to LG Electronics

Label: Technology

HP will retain the patents and all the technology relating to the cloud service of webOS, HP Chief Operating Officer Bill Veghte said in an interview.

“As we looked at it, we saw a very compelling IP that was very unique in the marketplace,” he said, adding that HP has already had a partnership with LG on webOS before the deal was announced.

“As a result of this collaboration, LG offered to acquire the webOS operating system technology,” Veghte said.

Skott Ahn, President and CTO, LG Electronics, said the company will incorporate the operating system in the Smart TV line-up first “and then hopefully all the other devices in the future.”

Both companies declined to reveal the terms of the deal.

LG will keep the WebOS team in Silicon Valley and, for now, will continue to be based out of HP offices, Ahn said.

HP opened its webOS mobile operating system to developers and companies in 2012 after trying to figure out how to recoup its investment in Palm, one of the pioneers of the smartphone industry.

The company had tried to build products based on webOS with the now-defunct TouchPad tablet its flagship product.

WebOS is widely viewed as a strong mobile platform, but has been assailed for its paucity of applications, an important consideration while choosing a mobile device.

(Additional reporting By Paul Sandle and Alistair Barr; Editing by Gerald E. McCormick, Tim Dobbyn and M.D. Golan)

Tech News Headlines – Yahoo! News

Josh Brolin and Diane Lane's Split Was 'Mutual,' Says James Brolin

Label: Lifestyle

By Andrea Billups

02/27/2013 at 12:30 PM EST

James Brolin said his son Josh is doing fine in the wake of his impending divorce from Diane Lane, calling their split "mutual."

Brolin – who accompanied wife Barbra Streisand as she performed at the Oscars Sunday night – said his son, 45, was watching the Academy Awards show at a party with famed film directors the Coen brothers and his daughter.

"He's great," Brolin said. "You know, everything is mutual. It's all okay."

Josh Brolin and Lane, 48, were introduced by Streisand at a 2002 party and were married in 2004 at the actor's California ranch. They were separated for some time before Lane signed divorce papers on Valentine's Day, a source tells PEOPLE.

"This was a hard decision for both of them to make," added the source. "The relationship just ran its course."

James Brolin said his son, who had been married before to Alice Adair and who has two children, was coping well. "Evidently he's doing well," said James of Josh. "Everything is fine."

• Reporting by AILI NAHAS

For much more on this story, pick up the latest issue of PEOPLE, on newsstands now

Vt. lye victim gets new face at Boston hospital

Label: Health

BOSTON (AP) — A Vermont nurse disfigured in a 2007 lye attack has received a new face at a Boston hospital.

Carmen Blandin Tarleton's full facial transplant at Brigham & Women's Hospital included transplanting a female donor's facial skin to Tarleton's neck, nose and lips, along with facial muscles, arteries and nerves.

Hospital officials say the 44-year-old Thetford, Vt., woman suffered burns on more than 80 percent of her body after her estranged husband attacked her.

Tarleton's sister said Wednesday she showed "great appreciation" for the gift she's been given.

The donor's family believes their loved one's spirit lives on in Tarleton.

Tarleton has undergone more than 50 surgeries. The latest took 15 hours and included a team of more than 30 medical professionals.

Tarleton once worked as a transplant nurse.

S&P 500 rises more than 1 percent

Label: Business

LOS ANGELES (Reuters) - Carrie Fisher, who played Princess Leia in the original "Star Wars" trilogy, was briefly hospitalized due to her bipolar disorder, the actress' spokeswoman said on Tuesday after video emerged of Fisher giving an unusual stage performance. The video came from a show Fisher gave aboard a cruise ship in the Caribbean last week, according to celebrity website TMZ, which posted the clip. The clip shows Fisher, 56, singing "Skylark" and "Bridge Over Troubled Waters," at times appearing to struggle to remember the lyrics. ...

News Analysis: Now Gathering in Rome, a Conclave of Fallible Cardinals

Label: World

Dmitry Lovetsky/Associated Press

St. Peter’s Basilica on Tuesday. Roman Catholic cardinals were gathering at the Vatican amid scandal to choose a new pope.

The sudden resignation of the most senior Roman Catholic cardinal in Britain, who stepped aside on Monday in the face of accusations that he made unwanted sexual advances toward priests years ago, showed that the taint of scandal could force a cardinal from participating in the selection of a new pope.

His exit came as at least a dozen other cardinals tarnished with accusations that they had failed to remove priests accused of sexually abusing minors were among those gathering in Rome to prepare for the conclave to select a successor to Pope Benedict XVI. There was no sign that the church’s promise to confront the sexual abuse scandal had led to direct pressure on those cardinals to exempt themselves from the conclave.

Advocates for abuse victims who were in Rome on Tuesday focused particular ire on Cardinal Roger M. Mahony, the former archbishop of Los Angeles, and called for him to be excluded from the conclave. But Cardinal Mahony, who has vigorously defended his record, was already in Rome, posting on Twitter about the weather.

Even stalwart defenders of the church point out that to disqualify Cardinal Mahony would leave many more cardinals similarly vulnerable. Many of the men who will go into the Sistine Chapel to elect a pope they hope will help the church recover from the bruising scandal of sexual abuse have themselves been blemished by it.

“Among bishops and cardinals, certainly the old guys who have been involved for so long, sure they’re going to have blood on their hands,” said Thomas G. Plante, a professor of psychology at Santa Clara University, who has served on the American bishops’ national abuse advisory board and has written three books on sexual abuse. “So when Cardinal Mahony says he’s being scapegoated, in some respects I think he’s right. All the focus is on him, but what about the other guys?”

Among the many challenges facing the church, addressing the wounds caused by sexual abuse is among the top priorities, church analysts say. When Benedict was elected pope in 2005, many Catholics hoped that his previous experience at the helm of the Vatican office that dealt with abuse cases would result in substantive changes.

Benedict has repeatedly apologized to victims, and listened personally to their testimonies of pain. After the abuse scandal paralyzed the church in Europe in 2010, and began to emerge on other continents, Benedict issued new policies for bishops to follow on handling sexual abuse accusations, and he held a conference at the Vatican on the issue. But despite calls from many Catholics, he never removed prelates who, court cases and documents revealed, put children at risk by failing to report pedophiles or remove them from the priesthood.

It is not that these cardinals behaved so differently from the others, or that they do not have achievements to their names. It is just that they happened to come from pinpoints on the Catholic world map where long-hidden secrets became public because victims organized, government officials investigated, lawyers sued or the news media paid attention.

They include cardinals from Belgium, Chile and Italy. They include the dean of the College of Cardinals, Angelo Sodano, who is accused of taking large monetary gifts from a religious order, the Legion of Christ, and halting an investigation into its founder, the Rev. Marcial Maciel — who was later exposed as a pathological abuser and liar.

They also include cardinals reviled by many in their own countries, like Cardinal Sean Brady, the primate of All Ireland, who survived an uproar after government investigations uncovered endemic cover-ups of the sexual and physical abuse of minors.

“There’s so many of them,” said Justice Anne Burke, a judge in Illinois who served on the American bishops’ first advisory board 10 years ago. “They all have participated in one way or another in having actual information about criminal conduct, and not doing anything about it. What are you going to do? They’re all not going to participate in the conclave?”

Even one cardinal frequently mentioned as a leading candidate for pope has been accused of turning a blind eye toward abuse victims. A Canadian, Cardinal Marc Ouellet, issued apologies to the many victims of abuse in church boarding schools in Quebec Province, but left behind widespread resentment when he reportedly refused to meet with them.

Pascale Bonnefoy contributed reporting from Santiago, Chile; Ian Austen from Ottawa; and Gaia Pianigiani from Rome.

This article has been revised to reflect the following correction:

Correction: February 27, 2013

An earlier version of this article misstated part of the address of a Web site that tracks abuse cases. It is BishopAccountability.org, not BishopAccountability.com.

This article has been revised to reflect the following correction:

Correction: February 27, 2013

An earlier version of this article referred incorrectly to the Roman church over which Cardinal Bernard Law presides. It is a basilica, not a cathedral.

HP sells webOS operating system to LG Electronics

Label: Technology

HP will retain the patents and all the technology relating to the cloud service of webOS, HP Chief Operating Officer Bill Veghte said in an interview.

“As we looked at it, we saw a very compelling IP that was very unique in the marketplace,” he said, adding that HP has already had a partnership with LG on webOS before the deal was announced.

“As a result of this collaboration, LG offered to acquire the webOS operating system technology,” Veghte said.

Skott Ahn, President and CTO, LG Electronics, said the company will incorporate the operating system in the Smart TV line-up first “and then hopefully all the other devices in the future.”

Both companies declined to reveal the terms of the deal.

LG will keep the WebOS team in Silicon Valley and, for now, will continue to be based out of HP offices, Ahn said.

HP opened its webOS mobile operating system to developers and companies in 2012 after trying to figure out how to recoup its investment in Palm, one of the pioneers of the smartphone industry.

The company had tried to build products based on webOS with the now-defunct TouchPad tablet its flagship product.

WebOS is widely viewed as a strong mobile platform, but has been assailed for its paucity of applications, an important consideration while choosing a mobile device.

(Additional reporting By Paul Sandle and Alistair Barr; Editing by Gerald E. McCormick, Tim Dobbyn and M.D. Golan)

Tech News Headlines – Yahoo! News

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HP sells webOS operating system to LG Electronics

Tom Cruise Bonds with Suri in Quiet Rendezvous Outside London

Wall Street drifts after two-day run, Dow record in sight

U.S. Pledges Food, Medical Aid and $60 Million to Syrian Opposition

HP sells webOS operating system to LG Electronics

Josh Brolin and Diane Lane's Split Was 'Mutual,' Says James Brolin

Vt. lye victim gets new face at Boston hospital

S&P 500 rises more than 1 percent

News Analysis: Now Gathering in Rome, a Conclave of Fallible Cardinals

HP sells webOS operating system to LG Electronics

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