Technology News Headlines

Microsoft targeted in apparent Chinese anti-trust probe

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BEIJING - Microsoft Corp appears to be the latest U.S. company targeted by China for anti-trust investigation after government officials paid sudden visits to the software firm's Chinese offices on Monday.

Tech, Media, China 12:59am EDT

Mon, Jul 28 2014

With PlayStation network, Sony goes back to the future in search of revival

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TOKYO - Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation.

Tech, Media 28 Jul 2014

Huawei says ships 34 million smartphones in H1 globally, up 62 percent year-on-year

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HONG KONG - China's Huawei Technologies Co Ltd said smartphone shipments in the first half rose 62 percent year-on-year, as it targets the more expensive smartphone sector dominated by Samsung Electronics Co Ltd and Apple Inc.

Tech, Media 12:12am EDT

Orange keeps goals as cost cuts help stabilize margin

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PARIS - Telecom operator Orange confirmed its annual profit and debt targets after it managed to stabilize its margins in the second quarter helped by ongoing cost cuts and smaller sales declines in France and Poland than a year ago.

2:36am EDT

Cynk shares fall below $1; traders see further decline

NEW YORK - Cynk Technologies, which was briefly worth billions of dollars last month, saw its shares fall below $1 on Monday, and traders say it is only a matter of time before the stock is once again worth next-to-nothing.

28 Jul 2014

Flash sale site Rue La La explores sale; Gilt interested: sources

- Online flash sale site Rue La La, which counts eBay as an investor, is exploring a sale that could value the company at around $400 million, people familiar with the matter said on Monday.

Tech, Deals 28 Jul 2014

OkCupid admits to Facebook-style experimenting on customers

SAN FRANCISCO - OkCupid, a top U.S. matchmaking website, intentionally mismatched users to test its technology, the IAC/InterActive Corp service said on Monday, weeks after Facebook Inc admitted to misleading users in a psychological study.

Tech, Media, Facebook 28 Jul 2014

Amazon offers 3D printing to customize earrings, bobble head toys

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SAN FRANCISCO - Amazon.com Inc will offer 3D printing services that allow customers to customize and build earrings, bobble head toys and other items from third-party sellers using a new personalization option on its website.

28 Jul 2014

Bitcoin catches on in tech-savvy Romania

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BUCHAREST - In a well-lit office with red window frames in downtown Bucharest, Romania's first bitcoin ATM attracts many who until it opened in May had to buy or sell the digital currency face-to-face or through wire transfers.

FleetCor, buyout firms eye $3 billion-plus deal for Comdata: sources

NEW YORK - FleetCor Technologies Inc and buyout firms including Carlyle Group LP and Silver Lake Partners LP are vying to acquire payments processing company Comdata Inc for more than $3 billion, according to people familiar with the matter.

Tech, Deals 28 Jul 2014
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.