( Kevin Winter )
Magic Johnson ready to assist tech in diversity

Retired Los Angeles Laker Magic Johnson became famous for dishing out assists to his teammates during his Hall of Fame basketball career. Now, as an entrepreneur focused on minority markets, he says he is ready to help Silicon Valley hire more blacks and Latinos to diversify the technology industry's largely white and Asian workforce. 
Marcio Jose Sanchez
Today: Apple rises to a record, and Yahoo also gets a post-earnings pop. Also: Yelp tanks after its report.  
 
Retired Los Angeles Laker Magic Johnson became famous for dishing out assists to his teammates during his Hall of Fame basketball career. Now, as an entrepreneur focused on minority markets, he says he is ready to help Silicon Valley hire more blacks and Latinos to diversify the technology industry's largely white and Asian workforce.  
 
Justin Sullivan/Getty Images
Bank of America apologized Wednesday for a double-billing glitch that affected some customers who made purchases with Apple Pay, the new mobile payments service that Apple launched this week.
 
 
Justin Sullivan/Getty Images
Oregon is cutting its last ties with a botched health insurance exchange portal built by Oracle as the state and the high-tech company pursue lawsuits against each other.
 
 
Pandora Media, the king of personalized online radio services, pays recording artists, songwriters, record labels and music publishers close to $300 million a year in royalties. That's not nearly enough to satisfy the company's critics in the music industry, who resent how little Pandora pays each time a user plays a track.  
 
Kathleen Malone-Van Dyke
While children traditionally have been considered the most vulnerable to online threats like cyberbullying and stalking, a new poll released Wednesday paints a disturbing picture of how many adults are also being virtually victimized on the Internet.  
 
Uncredited
The National Highway Traffic Safety Administration has expanded the number of vehicles and manufacturers covered by a warning about air bags. Ten automakers and almost 8 million vehicles are covered.  
 
Uncredited
The U.S. government is now urging owners of nearly 8 million cars and trucks to have the air bags repaired because of potential danger to drivers and passengers. But the effort is being complicated by confusing information and a malfunctioning website.
 
 
Mark J. Terrill/AP Photo
So long Silicon Valley. These days entrepreneurs and engineers are flocking to a place better known for wave surfing than Web surfing. Amid the palm trees and purple sunsets of the Southern California coastline, techies have built 'Silicon Beach.'