Survey: LA Gas Prices Expected To Spike This Week As National Average Drops

CBS Los Angeles

CAMARILLO (AP) — The average price of gasoline has dropped 2 cents over the past two weeks to $2.83 a gallon.

Industry analyst Trilby Lundberg said Sunday that the decline comes amid lower crude oil prices.

The average national price for midgrade gas was $3.05, with premium going for $3.22.

The cheapest price recorded in the continental United States was $2.42 a gallon in Jackson, Mississippi.

The highest price was $3.66 a gallon in Los Angeles. Prices in California rose about 9 cents in the past 2 weeks and a continuing spike is expected this week.

Analysts say a shortage in oil and other components used in refining California’s unique blend of less-polluting gas will push prices past $4 a gallon in some areas of the state before they ease again.

(© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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CRYENGINE adds support for Oculus Rift, Linux and Android TV

AIVAnet

1395267553-cryengine-brochure

Some of you may not have heard about Crytek before, but their engine powers some of your favorite gaming titles (including huge ones like Crysis and Far Cry). They literally changed the game and now they are going to expand their horizon by empowering developers to reach new platforms.

With CRYENGINE’s update to version 3.8.1, the company adds support to Oculus Rift, Linux and Android TV, reaching a whole new spectrum of new and old markets.

Of course, the big deal here is that Crytek is pushing into the VR market, which is expected to be all the hype in the coming years. This update brings full license and Engine-as-a-Service subscribers total access to a new VR tool set for easily putting together, porting and distributing games in multiple platforms. This wasn’t exactly the beginning of their work with VR, as they have also supported AMD’s LiquidVR for some time, but adding…

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Google plays catch-up to Apple. Again.

Fortune

It’s that time of year again.

Google’s I/O conference begins today and Apple’s World Wide Developers Conference follows in a week and a half. Get ready for a barrage of competing leaks, releases and screaming headlines as each company tries to upstage the other, egged on by a click-hungry tech press.

Today it’s Apple Pay. Tomorrow it will be something else.

We’ve come a long way since Steve Jobs called Android « a stolen product » and promised to destroy it. The rhetoric has cooled, but the issue is the same. Google copied Apple to make Android. It copied the App Store to make Google Play. It’s copying Apple Pay to make Android Pay.

There’s much to admire in Google. I’m awed by their willingness to tackle truly daunting engineering problems: Machine learning, Autonomous cars. Mapping the Internet. Mapping, for that matter, the world’s roads and highways.

But Android…

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Google’s secret to doubling your phone’s battery life

Fortune

Google is aiming to give your phones and tablets a little more juice to make it through the day without dying.

At its annual I/O developers conference Thursday, the company announced a new power-conservation feature in its upcoming mobile operating system Android M. Called “Doze,” the new feature uses motion sensors to detect when a device hasn’t been moved for an extended period. Android will then automatically shut down processes for certain power-hogging apps, which should significantly extend the device’s battery life.

When testing the feature, Google said a Nexus 9 tablet running Doze on Android M had a battery life twice as long as the same device using the older Android L operating system.

The new feature won’t turn your phone into a total paperweight. Users will still be alerted to alarms and high-priority messages even when the phone or tablet is dozing.

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Don’t worry unicorns, public market validation is a mirage

Fortune

« The valuations are just made up. »

This is a line I’ve heard (and read) over and over when it comes to the high prices that venture capitalists are paying to invest in tech startups, including the so-called unicorns. It’s said as a contrast to how companies are valued by the public markets, which is broadly-believed to be a better arbiter due to its relative size, dynamism and transparency.

And, to be sure, precious few of these unicorns have chosen to go public. But I’m not so sure that the public markets deserve their reputation as smarter than the private markets.

Since the beginning of last year, Pitchbook data shows there have been 17 U.S. IPOs of VC-backed tech companies that were valued at $1 billion or more either at the start or close of their first day of trading (excluding six such biotech companies). Of those, nine closed trading…

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Charter-Time Warner deal reflects changing TV industry

Fortune

Charter Communications’ move to acquire Time Warner Cable (TWC) for $56.7 billion has raised several questions about what the deal would mean for subscribers, but more importantly why both companies – and Comcast for that matter – don’t compete in the same markets?

During last year’s failed merger talks between Comcast and TWC it was noted that the two companies rarely overlap in service areas. In fact, few cable companies compete with each other in general, except in rare cases.

The reason for this has to do with the way the cable industry was formed. Just 40 years ago cable was in its infancy and was largely the only option for those with limited access to over-the-air signals. Only in the 1980s did cable transform into something with a wide plethora of channels including pay TV options, with pay-per-view and DVRs following years later. More importantly cable was truly local…

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Google is testing hands-free payments with McDonald’s and Papa John’s

Fortune

Google is testing a futuristic way for shoppers to pay for what they buy without having to take out their wallet — or even their phones.

The technology, known as hands-free payments, is supposed to make paying in stores that much easier. All a customer has to do is download an app onto their phone. When checking out at a store, all they have to do is stand in front of the cash register and say their name to the cashier. A blue tooth sensor automatically detects whether they have the app and then bills them.

Google revealed the test Thursday at its annual developers conference in San Francisco. Fast food giant McDonald’s [fortune-stock symbol= »MCD »] and pizza chain Papa John’s [fortune-stock symbol= »PZZA »] have partnered with Google to experiment with the technology in the Bay Area.

Details about Google’s payment system are still fuzzy. The company emphasized that it is…

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