Verizon Offering $5 Shared 4G Plan for Samsung Galaxy Camera

Imagine the powerful Samsung Galaxy S III smartphone, except that it can't make phone calls and its backplate has been replaced by a digital camera -- handgrip, zoom lens, and all. That's basically the Samsung Galaxy Camera in a nutshell, and whether it's a small, awkwardly-shaped Android tablet or a digital camera that you can play Modern Combat 3 on depends on how you look at it.When the Galaxy...

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Selling flak jackets in the cyberwars

SAN FRANCISCO (Reuters) - When the Israeli army and Hamas trade virtual blows in cyberspace, or when hacker groups like Anonymous rise from the digital ether, or when WikiLeaks dumps a trove of classified documents, some see a lawless Internet.But Matthew Prince, chief executive at CloudFlare, a little-known Internet start-up that serves some of the Web's most controversial characters, sees a business...

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New exhibition explores our love and hate of money

 How does money make you feel? Fearful, stressed, happy?U.S. financial guru Suze Orman has teamed with the producer of the popular Body Worlds exhibits for a new traveling show to look at how we relate to and understand money.Orman, media star and author of best-selling books on personal finance, described the finance-themed exhibit as "an extension of my life's work as a financial educator,...

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Analysis: Mortgage demand too much for U.S. banks, who respond slowly

Big U.S. banks are hiring mortgage bankers to meet a surge in demand for home loans and refinancings, but they are still struggling to process applications, which could undermine the Federal Reserve's attempts to stimulate the economy.Since the Fed announced its plan in September to buy up to $40 billion of mortgages a month, consumer mortgage rates have fallen more slowly and by less than they would...

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US rate on 30-year mortgage rises to 3.41 pct.

Average U.S. mortgage rates rose only slightly this week and continued to hover near record lows, a trend that has helped boost home sales and refinancing.Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year fixed mortgage edged up to 3.41 percent, from 3.37 last week. Three weeks ago, the rate touched 3.36 percent. That's the lowest level on records dating to 1971.The average rate...

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US home sales rise 2.1 percent in October

U.S. sales of previously occupied homes rose solidly in October, helped by improvement in the job market and record-low mortgage rates.The increase along with a jump in homebuilder confidence this month suggests the housing market continues to recover.The National Association of Realtors said Monday that sales rose 2.1 percent to a seasonally adjusted annual rate of 4.79 million. That's up from 4.69...

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News Summary: US home sales rise 2.1 pct. in Oct.

SALES RISE: U.S. sales of previously occupied homes rose moderately in October, helped by improvement in the job market and record-low mortgage rates. Sales rose 2.1 percent in October to a seasonally adjusted annual rate of 4.79 million according to the National Association of Realtors.INVENTORIES: A decline in housing inventory is helping push prices higher. There were only 2.14 million homes available...

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Syrian rebels make more gains in north

 Syrian rebels fully captured a northern town near the Turkish border on Tuesday after weeks of heavy fighting and attacked a regime air base in a neighboring province, activists said.The air base is in Aleppo province, where opposition fighters have already captured three other large military bases in recent months. Rebels have also laid siege to the international airport in the city of Aleppo,...

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Egypt's parliament convenes after charter passes

 Egypt's upper house of parliament has convened in its first session after the passing of the country's Islamist-backed constitution, the first action by a state institution in accordance with a document whose legitimacy is still contested by the opposition.The Shura Council was swearing in 90 new members appointed by President Mohammed Morsi Wednesday. The charter, approved by 63.8 percent in...

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Report: Iran ex-president's family sues hardliner

 An Iranian news agency says four children of Akbar Hashemi Rafsanjani are suing a radical lawmaker for describing the influential ex-president's family as a corrupt "octopus."Mahmoud Alizadeh Tabatabaei, who is a lawyer for Rafsanjani's family, was quoted by the semiofficial ISNA news agency Wednesday as saying that a complaint has been filed against Hamid Rasai.Rafsanjani is considered a political...

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