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AP Top Technology News At 1:37 p.m. EDT

Sony's quarterly loss balloons on mobile woes
TOKYO (AP) -- Sony's losses ballooned to 136 billion yen ($1.2 billion) last quarter as the Japanese electronics and entertainment company's troubled mobile phone division reported huge red ink....

Apple CEO publicly acknowledges that he's gay
NEW YORK (AP) -- Apple CEO Tim Cook's declaration that he's "proud to be gay" wasn't exactly news in Silicon Valley, where his sexual orientation was no secret. But advocates say that given Apple's immense reach and visibility, his coming-out could help change attitudes in workplaces across America....

Online stores fight Amazon for piece of retail pie
NEW YORK (AP) --'s low prices and seemingly endless array of goods have made it the biggest online retailer in the U.S., commanding about 20 percent of all e-commerce. The company is projected to have over $89 billion in revenue this year. Its massive success has driven other sites to offer similar perks and deals to woo customers and hold on to their piece of the retail pie. Some retailers now even offer to match Amazon's prices to try to win your business....

Microsoft unveils fitness gadget, health tracking
NEW YORK (AP) -- Microsoft is releasing a $199 fitness band that also checks your email and even pays for coffee as the software company seeks to challenge Apple and others in the still-infant market for wearable devices....

LinkedIn reports 3Q loss but sales climb
NEW YORK (AP) -- LinkedIn Corp. posted a third-quarter loss on Thursday, but its results were better than expected as revenue grew sharply, sending shares of the online professional networking service higher in extended trading....

Samsung vows changes after mobile profit plunges
SEOUL, South Korea (AP) -- Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years....

Spain OKs 'Google Tax' demanded by news publishers
MADRID (AP) -- Spain's parliament has approved new intellectual property laws that allow news publishers to charge aggregators each time they display news content in search results....

Apple Pay rival defends service, exclusivity
NEW YORK (AP) -- A mobile payment service backed by Wal-Mart, Best Buy and other leading retailers is defending its practice of prohibiting its members from accepting alternatives such as Apple Pay....

Review: CBS streaming not worth cutting cord, yet
NEW YORK (AP) -- I dropped my cable TV service more than a year ago and have been relying on Netflix, Hulu and other services to fill my television needs. But I get my shows at least a day late. With CBS' new All Access streaming service, I can watch shows right when they air....

Startup tries to 'Poynt' stores in new direction
SAN FRANCISCO (AP) -- A Silicon Valley startup is hoping an upcoming transition to smarter credit and debit cards will persuade millions of U.S. merchants to buy savvier payment terminals for their stores, too....

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