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UNITED STATES

IBM sells chip unit but bleeds money
IBM sells chip unit but bleeds money

NEW YORK, USA: IBM reported a collapse of its third-quarter profits because of the $4.7bn cost of offloading its micro-chip business to GlobalFoundries.

21 Oct 2014 09:59

UNITED STATES

Google profits fall as ad revenue declines
Google profits fall as ad revenue declines

SAN FRANCISCO, USA: The rise of smartphone use to access the internet has slowed the number of clicks on advertisements and cut into profits earned by Google in the third quarter of the year. revealed.

20 Oct 2014 09:47

UNITED STATES

Underground bank founder pleads not guilty
Underground bank founder pleads not guilty

NEW YORK, USA: A man accused of founding an online underworld bank that allegedly laundered $6bn for criminals, including child pornographers and drug traffickers, pleaded not guilty before a New York court this week.

15 Oct 2014 10:40

UNITED STATES

GTAT wants court to cancel Apple's sapphire contract
GTAT wants court to cancel Apple's sapphire contract

SAN FRANCISCO, USA: A supplier enlisted to make sapphire screens for Apple mobile devices has asked a bankruptcy court to free it from contracts that it branded "oppressive and burdensome."

14 Oct 2014 10:00

UNITED STATES

Nadella gaffe over pay raises women's ire
Nadella gaffe over pay raises women's ire

WASHINGTON, USA: Microsoft chief executive Satya Nadella's gaffe over women, pay raises comes as the US technology sector is facing up to questions over diversity and gender equality.

13 Oct 2014 08:31

UNITED STATES

AT&T must pay $105m for unauthorised charges
AT&T must pay $105m for unauthorised charges

WASHINGTON, USA: AT&T will have to pay $105m to settle investigations that it added charges to mobile phone bills for unauthorised third-party services such as horoscopes and "fun facts," officials confirmed.

9 Oct 2014 09:32

UNITED STATES

Hewlett-Packard to separate into two divisions
Hewlett-Packard to separate into two divisions

NEW YORK, USA: Hewlett-Packard said it would split into two separate, listed companies with its computer and printer businesses in one company and its corporate hardware and services operations in another.

7 Oct 2014 10:47

UNITED STATES

iPhone 6 prototype selling for $99,800 on eBay
iPhone 6 prototype selling for $99,800 on eBay

SAN FRANCISCO, USA: Bidding for a rare prototype of Apple's new-generation iPhone 6 neared a whopping $100,000 on eBay, after the device appeared to have accidentally landed in a buyer's hands.

7 Oct 2014 10:20

UNITED STATES

Adam Sandler to make four movies for Netflix
Adam Sandler to make four movies for Netflix

NEW YORK, USA: Netflix has signed comic actor Adam Sandler to produce four films exclusively for the streaming video group, expanding its foray into cinema.

3 Oct 2014 10:09

UNITED STATES

NY Times to cut 100 journalists' jobs
NY Times to cut 100 journalists' jobs

NEW YORK, USA: The New York Times plans to cut 100 newsroom jobs in the latest move by the prestigious daily to adapt to industry upheaval and trim its costs.

2 Oct 2014 08:31

UNITED STATES

Toyota recalls 690,000 pick-ups over fire risk
Toyota recalls 690,000 pick-ups over fire risk

WASHINGTON, USA: Toyota said it is recalling about 690,000 Tacoma pick-up trucks in the United States to fix a suspension system flaw that could result in vehicle fires.

1 Oct 2014 12:20

UNITED STATES

PayPal to split from eBay
PayPal to split from eBay

NEW YORK, USA: US online auction company eBay announced plans to spin off PayPal in a move designed to help is compete in the fast-moving online payments segment.

1 Oct 2014 10:05

UNITED STATES

More than 10m iPhone 6 units sold last weekend
More than 10m iPhone 6 units sold last weekend

WASHINGTON, USA: Apple broke its sales record for an opening weekend delivering 10m iPhone 6 unites in the first three days and boasting it could have sold more if it had them.

23 Sep 2014 10:05

UNITED STATES

Samsung's 'phablet' Note 4 on sale from 17 October
Samsung's 'phablet' Note 4 on sale from 17 October

SAN FRANCISCO, USA: Samsung announced that its eagerly-anticipated Note 4 "phablet" will be released on 17 October.

22 Sep 2014 09:43

UNITED STATES

Piracy thrives through Cloud services
Piracy thrives through Cloud services

WASHINGTON, USA: Online piracy of music, films and other content has moved to the internet cloud, reaping big profits for digital thieves, according to a study released earlier this week.

19 Sep 2014 11:12

UNITED STATES

Bezos in deal to build rocket engines
Bezos in deal to build rocket engines

WASHINGTON, USA: The aerospace company Blue Origin has struck a deal to build a US-made rocket engine that aims to eliminate reliance on Russian engines for American satellite launches.

19 Sep 2014 10:56

UNITED STATES

Apple's encryption tool locks out governments
Apple's encryption tool locks out governments

WASHINGTON, USA: Apple is rolling-out new privacy protection for iPhones and iPads, with a system that makes it impossible for the company to unlock a device even with a warrant.

19 Sep 2014 10:05

UNITED STATES

Yelp agrees to pay fine for child privacy violations
Yelp agrees to pay fine for child privacy violations

WASHINGTON, USA: Online ratings operator Yelp agreed to pay $450,000 to settle US charges that it illegally collected data on children, in violation of privacy laws, officials have said.

18 Sep 2014 09:47

UNITED STATES

Media, entertainment starting to profit from digital services
Media, entertainment starting to profit from digital services

WASHINGTON, USA: The internet is no longer draining profits from media and entertainment companies, which have learned to make online services pay, a new study shows.

17 Sep 2014 08:46

UNITED STATES

Record demand for iPhone 6
Record demand for iPhone 6

SAN FRANCISCO, USA: Apple said it had received record pre-orders for its new iPhone models, and that some customers will have to wait for the larger-screen versions of the smartphones.

16 Sep 2014 12:15

UNITED STATES

RadioShack faces bankruptcy
RadioShack faces bankruptcy

NEW YORK, USA: RadioShack said it was seeking to restructure its finances and warned of possible bankruptcy as it reported a bigger loss for the second quarter.

12 Sep 2014 11:45

UNITED STATES

HP fined $59m for bribing Russian officials
HP fined $59m for bribing Russian officials

SAN FRANCISCO, USA: A judge ordered US computer company Hewlett-Packard to pay $58.8m for bribing Moscow government officials to buy HP computers for Russia's Prosecutor General's office.

12 Sep 2014 11:05

UNITED STATES

Details of Apple's iWatch and iPhone 6
Details of Apple's iWatch and iPhone 6

SAN FRANCISCO, USA: Apple has moved to recapture its role as a technology trend-setter with its highly anticipated smartwatch and two large-screen versions of the iPhone.

11 Sep 2014 10:47

UNITED STATES

Twitter adds 'buy buttons' to adverts
Twitter adds 'buy buttons' to adverts

SAN FRANCISCO, USA: Twitter has begun testing 'buy buttons' that let people make purchases directly from marketing posts fired off at the globally popular one-to-many messaging service.

9 Sep 2014 09:36

UNITED STATES

Verizon to pay $7.4m for privacy violations
Verizon to pay $7.4m for privacy violations

WASHINGTON, USA: US telecommunications company Verizon has agreed to pay a $7.4m fine to settle a probe into its privacy practices, including accessing customer data for marketing purposes, officials have confirmed.

5 Sep 2014 09:52

UNITED STATES

Google to repay $19m for apps bought by children
Google to repay $19m for apps bought by children

WASHINGTON, USA: Google has agreed to issue at least $19m in refunds to consumers whose children made app purchases from its Google Play store without parental consent, officials have confirmed.

5 Sep 2014 09:35

UNITED STATES

Vice Media valued at $2.5bn
Vice Media valued at $2.5bn

WASHINGTON, USA: Vice Media, the Brooklyn-based online news operation which has a strong following among 18- to 34-year-olds, has secured $500m in funding giving it a valuation of $2.5bn, according to reports in the New York Times and TechCrunch.

5 Sep 2014 08:57

UNITED STATES

US mobile wallet Isis rebrands as Softcard
US mobile wallet Isis rebrands as Softcard

WASHINGTON, USA: US mobile payments firm Isis has officially changed its name to Softcard, completing the process of distancing itself from a militant Islamic group sometimes known by the same acronym.

4 Sep 2014 11:30

UNITED STATES

Russian hackers break into JPMorgan
Russian hackers break into JPMorgan

NEW YORK, USA: Hackers believed to be from Russia broke into the computer systems of JPMorgan Chase and a second US bank earlier this month, sparking a federal investigation, US media has reported.

28 Aug 2014 12:10

UNITED STATES

Apple's bid to stop sales of Samsung products denied
Apple's bid to stop sales of Samsung products denied

SAN FRANCISCO, USA: A judge has rejected a bid by Apple to ban US sales of rival Samsung smartphones targeted in a recent $2bn patent trial in Silicon Valley.

28 Aug 2014 11:44

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