Business

Twitter offering users extra login security

NEW YORK – Twitter is adding an extra security measure to users’ accounts in an effort to prevent unauthorized logins.

Twitter said in a blog post Wednesday that users will be able to enroll in a login verification program. For those who sign up, Twitter will send a six-digit code using a text message each time they sign in to Twitter.com. Besides their username and password, users will have to enter the code as well to log in.

Microsoft Corp., Google Inc. and Facebook Inc. already allow two-step verification as an option. Twitter has been criticized for not having this option, especially following recent breaches of Twitter accounts belonging to major news organizations and other companies.

Cruise industry adopts passenger bill of rights

NEW YORK – The cruise industry said Wednesday that it’s adopting a passenger bill of rights that guarantees the “safety, comfort and care” of guests.

The bill of rights promises, among other things, full refunds for trips that are canceled due to mechanical failure and a backup power source on every ship to keep emergency systems running in the event of a main generator failure.

The announcement by the Cruise Lines International Association, which represents 25 major companies including Carnival, Royal Caribbean, Norwegian, Holland America and Cunard, comes in the aftermath of the Carnival Triumph debacle. The ship drifted for several days earlier this year without power as passengers endured filthy conditions.

Christine Duffy, president and CEO of CLIA, said the idea for the bill of rights came about in response to demands from Sen. Charles Schumer, D-N.Y., that the industry guarantee passengers minimum standards and protections while on a ship.

In a phone interview, Duffy acknowledged that many of the steps outlined in the bill of rights are already standard practice for most major cruise lines.

HP sees signs of hope amid revenue woes

SAN FRANCISCO – Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company’s cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain.

The conflicting signs of further deterioration and potential recovery emerged in Hewlett-Packard Co.’s latest quarterly report released Wednesday.

Even as HP’s revenue declined at the fastest rate yet in a nearly two-year slump, the company delivered fiscal second-quarter earnings that topped the estimates of both its own management and the analysts who influence investor perceptions.

The company’s stock soared $2.84, or more than 13 percent, to $24.07 in extended trading.

HP earned $1.1 billion, or 55 cents per share, during its most recently completed quarter. That was down 32 percent from $1.6 billion, or 80 cents per share, last year.

Clearwire board OKs higher Sprint offer

BELLEVUE – Clearwire wants to accept a richer buyout offer made by Sprint this week and is recommending that shareholders vote in favor of it.

Sprint upped its bid by 14 percent to $2.5 billion Tuesday for the wireless data network operator.

Sprint Nextel Corp. is offering $3.40 per share for the half of Clearwire Corp. that it does not already own.

Clearwire said Wednesday that shareholders will be able to vote May 31.



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