Technology News Headlines

German carmakers buy Nokia maps to fend off digital rivals


FRANKFURT/HELSINKI - German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.75 billion) to buy Nokia's maps business, a transformational deal that will help them to develop self-driving cars.

4:28am EDT

Samsung Electronics to create fund for cancer-stricken workers, safety


SEOUL - Tech giant Samsung Electronics Co Ltd said on Monday it will create a 100 billion won ($85.8 million) fund to compensate cancer-stricken workers and their families, and for efforts to prevention such diseases at its chip and display factories.

Health, Tech 6:35am EDT

Sun, Aug 2 2015

BMW CEO hints there is space for more electric models


VIENNA - The chief executive of BMW hinted in a German paper that there was potential for another of its "i" electric car models.

Tech, Environment 02 Aug 2015

AT&T to bundle wireless service with DirecTV's pay-TV offerings


- The No. 2 U.S. wireless carrier AT&T Inc said it will bundle its wireless service with DirecTV's pay-TV offerings after the $48.5 billion deal was approved last month.

12:05am EDT

Verizon's workers say no strike for now, union talks continue


NEW YORK - Verizon Communications Inc and the unions representing its wireline unit employees on the U.S. East Coast said work will go on and talks continue after their current contract expired.

02 Aug 2015

Fri, Jul 31 2015

Former CEO of collapsed Mt.Gox bitcoin exchange arrested in Japan: reports


TOKYO - Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said.

Tech, Japan 31 Jul 2015

Israel's Nice Systems sells video surveillance unit for $100 million

JERUSALEM - Israeli software provider Nice Systems is selling its video surveillance technologies unit to private equity firm Battery Ventures for up to $100 million, its second divestment in three months as it focuses more on its analytics business.

5:54am EDT

E&Y Japan arm launches internal probe of Toshiba audit


TOKYO - The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker's $1.2 billion accounting scandal, a person with knowledge of the matter said.

Yahoo buys fashion website Polyvore


- Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.

Tech, Deals 31 Jul 2015

Apple, BMW in courtship with an eye on car collaboration


FRANKFURT/SAN FRANCISCO - BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars.

Deals, Tech 31 Jul 2015

What the government cut from Hillary’s email

As expected, Friday's public release of thousands more emails Hillary Clinton sent or received while U.S. secretary of state is streaked with white bars marking where the government has redacted information not fit for public consumption.