- - Sunday, July 24, 2011

UNEMPLOYMENT

Jobless rates rose in majority of states

Unemployment rates rose in more than half of U.S. states in June, evidence that slower hiring is affecting many parts of the country.

The Labor Department said Friday that unemployment rates in 28 states and Washington, D.C., increased last month. Rates declined in eight states and were flat in 14. That’s a change from May, when 24 states reported falling unemployment rates.

Twenty-six states reported a net gain in jobs in June, while 24 states lost jobs.

The changing trend in state unemployment rates reflects a weaker economy hampered by high gas prices and lower factory output. Nationally, employers added only 18,000 net jobs in June, the second straight month of feeble hiring. The U.S. unemployment rate ticked up to 9.2 percent.

INTERNET

Apple mulling online video service bid

SAN FRANCISCOApple Inc. is in talks to potentially bid for video-streaming service Hulu, a person close to the situation said Friday.

The person, who said Apple is among several companies interested in Hulu, spoke on the condition of anonymity because authorization to talk about the matter was not given. Earlier this month, search giant Google Inc. was said to be among about a dozen companies in talks to potentially buy Hulu. Yahoo Inc. is also believed to be interested.

Hulu, which is owned by Disney, News Corp., Comcast Corp. and Providence Equity Partners, started presenting its financial information to interested bidders late last month, after an unsolicited offer prompted its board to look for other offers.

The online video service streams movies and TV shows from broadcasters ABC, Fox and NBC to computers and, for a monthly fee, to a number of Web-connected mobile devices such as smartphones and tablet computers. It expects its paid service, Hulu Plus, to have more than a million subscribers by the end of the summer and its CEO, Jason Kilar, has said it is profitable.

FACEBOOK

Civil suit against Facebook tossed

NEW YORK — A federal judge in Boston has dismissed a lawsuit against Facebook filed by Cameron and Tyler Winklevoss, Harvard classmates of CEO Mark Zuckerberg.

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