Nielsen finds TVs used beyond traditional viewing rising
Nielsen reports U S homes without traditional TV service but with TVs have shifted to games DVDs and streaming via Netflix or Apple TV. The firm notes reduced time on traditional TV but increased DVR and online viewing with gaming consoles acting as entertainment hubs.
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Moody's warns U.S. debt rating may drop if budget deal fails
Moody's Investors Service said a budget agreement showdown could trigger a one notch downgrade of the U.S. government debt rating. If Congress and the White House fail to strike a deal, about 1.2 trillion dollars in automatic spending cuts and tax increases would start January 2, risking recession and higher unemployment. The agency noted uncertainty over when a deal will be reached and held current rating and negative outlook until talks clarify. House Speaker Boehner expressed doubt about reaching a deal before November elections.
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What to do with old iPhone when new model arrives
Apple unveils its latest iPhone prompting ideas for old devices. Suggestions include gifting to kids or parents, repurposing as a tiny iPad, donating to charity via recyclers, or turning the old phone into an alarm clock.
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Zuckerberg faces Facebook post IPO challenges at San Francisco talk
Facebook chief Mark Zuckerberg told a packed San Francisco crowd at the Disrupt conference that the firm has survived troubles before and is leveraging mobile growth to drive revenue. He noted the stock’s decline since the IPO but stressed the plan to double down on the company’s future.
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