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Google's new parent, Alphabet, sent a tingle up the spine of investors on Monday after reporting fourth quarter earnings that exceeded expectations. The good news sent its share price skyward, resulting in a market valuation that surpassed Apple, which for years has been the most-favored technology firm on Wall Street. Alphabet reported adjusted e...
Apple has hired a team of hundreds of workers as part of a plan to develop a new set of virtual reality headsets, the Financial Times reported last week The report came on the heels of Oculus VR finally taking preorders on its Rift virtual reality system, which it began offering for US$599 as of Jan. 6. The Rift is scheduled to begin shipping on Ma...
Most of your friends on Facebook may not care much about you at all, suggests an Oxford University study published last week. Friendships involving interactions over social networks are not that different from traditional real-world friendships, found Robin Dunbar, the professor of evolutionary psychology at Oxford who conducted the research.
Federal Communications Commission Chairman Tom Wheeler on Wednesday announced that he'd shared with colleagues a long sought-after proposal to loosen the set-top box's grip on home entertainment. The proposal seeks to spur competition and consumer choice in an arena dominated by large cable and satellite television providers. Wheeler's proposal wo...
As the U.S. retail industry puts another long holiday shopping season behind it, a few changes appear to be taking place For one thing, it appears there's a new recipe for success. Growing a business requires more than setting up a fancy website, placing inventory into a warehouse, and engaging a service to make speedy deliveries....
Foxconn Technology Group has offered as much as US$5.3 billion to purchaseSharp, according to media reports this week Foxconn, formally known as "Hon Hai Precision Industry Co.," is said to have offered between $5.1 billion, or 600 billion yen, and $5.3 billion, or 625 million yen....
CEO Satya Nadella on Tuesday took the occasion of the World Economic Forum in Davos, Switzerland, to announce that Microsoft plans to donate US$1 billion worth of cloud services to serve nonprofits and university researchers over the next three years. The company's recently formed Microsoft Philanthropies unit will manage the contribution as part ...
Amnesty International and African Resources Watch (Afrewatch) on Tuesday issued a report alleging that the supply chains of major electronics companies -- including Apple, Sony and Samsung -- included cobalt mined by child laborers in Africa. The companies have failed to make basic checks to halt the practice, the report claims.
Ukrainian officials earlier this week said they had launched a probe into the source of a cyberattack that targeted the Boryspil International Airport in Kiev. The attack may be related to the BlackEnergy malware attacks that recently targeted Ukrainian infrastructure facilities, apparently from a source inside Russia.
Privacy advocates from around the globe have taken heart from reports that Apple CEO Tim Cook pushed hard against the Obama administration's efforts to reach a compromise on encryption during a recent meeting with several leading technology companies. Cook earlier this month joined a delegation of social media and technology leaders in a meeting w...
When Amazon launched Prime Day six months ago, skeptics came out in force to criticize what they considered Jeff Bezos' desperate ploy to add members to a club that appeared to be peaking in a saturated domestic market Gimmick or not, Prime Day worked. Amazon sold more than 34.4 million items across eight countries where Prime was offered. The comp...
Foursquare on Thursday announced that cofounder Dennis Crowley has assumed a new executive role, and that it has raised US$45 million in a new round of funding led by Union Square Ventures Crowley has moved from his perch as CEO into the newly created position of executive chairman, which will let him focus on developing new products. Jeff Glueck, ...
Google's self-driving cars showed major safety improvements over the past year -- but there were dozens of incidents when test drivers had to intervene, the company said in a report recently filed with California regulators. There were 272 so-called immediate manual control disengagements due to a failure of the autonomous car technology, between ...
Obama administration officials last week met with senior executives from several leading Silicon Valley firms in a summit on how to combat the proliferation of terrorist communications on social media networks Attorney General Loretta Lynch, FBI Director James Comey, and John Carlin, assistant attorney general for national security, represented the...
Microsoft on Tuesday ended technical support for the older versions of its legacy Internet Explorer browser, placing at risk millions of users who -- despite extensive warnings -- have not upgraded to the latest version of Internet Explorer or the free install of Windows 10. The support expiration, which Microsoft originally announced in a 2014 up...
John Legere, T-Mobile's loquacious CEO, has apologized to the Electronic Frontier Foundation for what he described as a "color commentary" that drew sharp criticism. "I am a vocal, animated and sometimes foul mouthed CEO," Legere wrote in a Monday blog post. "I don't filter myself and you know that no one at T-Mobile filters me either (no, they do...
Intel CEO Brian Krzanich keynoted a marathon opening address earlier this week at CES, where he demonstrated a wide variety of new technologies and laid out the company's vision for where the industry is headed There is a rapidly growing role for technology that is at once transformative, unprecedented and accessible," he told the CES audience. "Wi...
New York Attorney General Eric Schneiderman on Thursday announced a deal that would require Uber to encrypt geolocation information about its riders, as well as enhance its data security practices The AG opened an investigation into Uber in 2014, in response to allegations that the service had tracked riders and displayed their locations in an aeri...
One of the highlights of Ford's Tuesday CES event was its announcement of plans to connect its Sync smart car technology with smart home applications from Amazon and Wink. The integrations will give consumers remote control of things like home security and lights from their vehicles, along with the ability to unlock car doors and turn on the ignition from their living rooms...
General Motors has agreed to invest US$500 million in Lyft, and the companies will work together to develop an integrated network of autonomous vehicles, they said in a joint announcement on Monday. As part of the agreement, GM will become a preferred provider of short-term vehicles to Lyft customers, and it will provide them with its OnStar vehic...
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