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Why Yahoo May Buy Tumblr: It's All about the Kids

Yahoo is considering buying Tumblr, according to two separate reports on AllThingsD and Adweek. It's eyeing the one social network it can afford that would make Yahoo feel young again.

AllThingsD reports that Yahoo would consider an investment or corporate alliance in addition to outright buying all the Tumblogs; Adweek is more confident, stating that "Yahoo is in serious talks" to buy Tumblr. Both cite a valuation of $1 billion. The site, known for cat GIFs and amateur porn, expects to turn its first profit this year.

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Syrian Hackers Compromise FT Blog, Twitter Feeds

A clutch of Twitter accounts and a blog maintained by the Financial Times were hacked Friday, the latest in a series of cyberattacks claimed by the Syrian Electronic Army, a pro-government group which has regularly targeted media organizations it sees as sympathetic to the country's rebels.

A few of the FT's dozens of Twitter feeds and blogs broadcast messages supporting Syrian President Bashar Assad and attacking Syria's opposition. One described the Syrian rebel group Jabhat al-Nusra as terrorists and linked to a graphic video of a hooded man shooting kneeling prisoners in the back of the head.

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Pakistan Adopts Chinese Rival GPS Satellite System

Pakistan is set to become the fifth Asian country to use China's domestic satellite navigation system which was launched as a rival to the U.S. global positioning system, a report said Saturday.

The Beidou, or Compass, system started providing services to civilians in the region in December and is expected to provide global coverage by 2020. It also has military applications.

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Saudi Reports Attacks on Government Websites

Several government Internet sites have come under "coordinated and simultaneous" cyber attack, an information security spokesman in the oil-rich kingdom reported on Friday.

The spokesman said among them was the interior ministry website brought down for an hour on Wednesday after being targeted in a so-called denial of service attack from "hundreds of IP addresses in different countries".

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'Sonic the Hedgehog' Vid Games Coming to Nintendo

Sonic the Hedgehog is rolling with Nintendo.

Sega says it will exclusively release the next three games starring the popular blue critter on Nintendo platforms. The first title will be called "Sonic Lost World" and is set for release on the Wii U and Nintendo 3DS later this year.

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Yahoo! Adds Tweets to Online News Pages

Yahoo! on Thursday began spicing up its online news pages with real-time comments fired off at the globally popular messaging service Twitter.

"Tweets have become an important information source for many of our users, so we are thrilled to announce our partnership with Twitter to bring tweets directly into the Yahoo! newsfeed," Marissa Mayer, Yahoo! chief executive, said in a blog post.

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Apple Marks 50 Billionth App with Big Prize

Apple on Thursday announced that the number of mini-programs downloaded from its App Store has blasted past the 50 billion milestone, and celebrated the moment with a $10,000 prize.

The California-based maker of iPads, iPhones, iPods and Macintosh computers said that it gave a $10,000 App Store gift card to an Ohio man who downloaded the 50 billionth app -- a free word game called Say the Same Thing.

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Facebook and Twitter Jump on Google Glasses

Facebook and Twitter launched applications Thursday for Google glasses as developers rushed to learn more about tailoring software for the Internet-linked eyewear yet to hit the market.

"Built by Facebook, this app allows you to upload photos from Google Glass directly to your Facebook timeline," Erick Tseng, head of mobile products at the social network, said in a message posted from the Google developers conference.

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Facebook Outlook Still Muddled one Year after IPO

A year after a nightmarish share offering, Facebook still has its ardent backers and detractors.

The world's biggest social network, which now has more than 1.1 billion users, has managed to boost its earnings since the initial public offering, including from its mobile platform, important in countering its critics.

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Four Lulzsec Hackers Sentenced to Jail in Britain

Four members of the LulzSec international hacking group were sentenced to prison terms in Britain on Thursday for masterminding cyber attacks on major global institutions, including Sony Pictures and the CIA.

Ryan Cleary, 21, Jake Davis, 20, Mustafa Al-Bassam, 18, and Ryan Ackroyd, 26, saw themselves as "latter-day pirates" when they carried out the attacks on organisations which also included Rupert Murdoch's top-selling British newspaper The Sun.

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