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Used games are here to stay with XBox One but details hazy

A report from Wired says Xbox One users must install games on the console's hard drive, which means a disc can't be easily sold or shared. But Microsoft says it will support secondhand games. [Read more]

DealBook: Sprint Raises Offer for Clearwire Stake

Sprint Nextel raised its offer on Tuesday for the nearly 50 percent stake in Clearwire that it does not already own, just hours before shareholders were scheduled to vote on its earlier offer.

Watch the F-35B jet make a vertical take-off and landing

Lockheed Martin says the production model of the new jet successfully completed a stationary take-off earlier this month. [Read more]

Telecom Italia mulls mobile unit spinoff: sources

MILAN (Reuters) - Telecom Italia is mulling spinning off its mobile unit along with its fixed-line network to bring new investors on board, three people, including a senior political source, told Reuters on Tuesday.

Bell to lead Intel’s ‘New Devices’ unit

Intel's just-announced New Devices division will be guided by Mike Bell, formerly of Apple and Palm. [Read more]

Will you buy an Xbox One or PlayStation 4?

Two titans are prepping the future of gaming. We're wondering which next-generation gaming console wins your vote. [Read more]

Apple CEO makes no apology for company’s tax strategy

WASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more.

Samsung’s ‘men are pigs’ ad for TVs gets YouTube love (and hate)

You might have missed a Samsung ad for its Evolution TV Kit. However, almost 9 million have analyzed its depiction of men as Neanderthal slobs on YouTube. [Read more]

Windows’ role at the core of Microsoft’s Xbox One

Microsoft's Xbox One home-entertainment console, available later this year, has ties to Windows 8 and Windows Azure. [Read more]

Apple grilled about tax havens

Read full story for latest details.

Sony to assess spin-off proposal for entertainment business: Nikkei

(Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported.

PayPal to increase marketing this year for offline push

SAN FRANCISCO (Reuters) - PayPal, the online payment operation owned by eBay Inc, will increase marketing spending to support its push into physical stores, President David Marcus said on Tuesday.

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