Business

1:55pm

Tue July 31, 2012
The Two-Way

Microsoft Gives Hotmail A Facelift, Says It Will Transition It To Outlook

Originally published on Wed August 1, 2012 6:00 am

The new Outlook is incorporated with other services like Skype.
Microsoft

Microsoft announced that Hotmail — the email service with 324 million users — will transition into a web and more social version of Microsoft's Outlook.

Reuters reports that Microsoft made the announcement, as they showed off their free web version of the email program it is renowned for.

Reuters adds:

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7:23am

Tue July 31, 2012
The Two-Way

Homes Prices Rise, Consumer Spending Flattens

Originally published on Tue July 31, 2012 9:55 am

Two fresh economic indicators:

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3:07am

Tue July 31, 2012
Crisis In The Housing Market

Is Housing Recovery Real? Not Everyone Is Convinced

Originally published on Tue July 31, 2012 3:08 pm

A construction worker carries lumber while working on new homes in San Mateo, Calif., in March. Homebuilding is at its highest level in nearly four years.
Justin Sullivan Getty Images

Housing, the sector that led us into the recession, now looks to be one of the brighter spots in the economy. Homebuilding is at its highest level in nearly four years. More homes are selling, and at higher prices.

The question, of course, is whether this is a solid enough foundation to sustain a full housing recovery.

Lawrence Yun, the chief economist for the National Association of Realtors, says housing woes are largely behind us.

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1:14pm

Mon July 30, 2012
The Two-Way

Apple, Samsung Face Off In Court Over Alleged Patent Infringements

Originally published on Mon July 30, 2012 1:26 pm

Samsung Electronics Co. representatives wait to enter the Robert F. Peckham Federal Courthouse in San Jose, California on Monday.
Justin Sullivan Getty Images

Fortune calls it "the patent trial of the century." And based on money alone, it might as well be: Apple and Samsung are accusing each other of infringement. Samsung wants higher royalties on some technology and Apple is seeking $2.5 billion in damages.

A jury will decide which, if any, company is right. With jury selection, Reuters reports the trial begins today in San Jose, Calif.

Reuters adds:

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3:04am

Mon July 30, 2012
Technology

Samsung Fight Among Many In Apple's Patent War

Originally published on Mon July 30, 2012 7:01 am

Samsung Electronics' Galaxy S (left) and Apple's iPhone 4 are displayed at the headquarters of South Korean mobile carrier KT. Apple claims some of Samsung's designs violate its patents.
Ahn Young-joon AP

An epic battle between the two biggest smartphone makers begins Monday in a federal district court in San Jose, Calif., where computing giant Apple is asking for more than $2.5 billion from rival phone maker Samsung for patent violations.

The suit would be the most expensive patent violation in history, and it's just one front in Apple's war against phones running Google's Android operating system.

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