SAN FRANCISCO - Four major tech companies including Apple and Google have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, sources familiar with the deal said, just weeks before a high profile trial had been scheduled to begin.
SAN FRANCISCO - Amazon.com Inc's revenue grew more than expected for the first quarter, offset by a sharp increase in spending on technology, content and new warehouses as the e-commerce giant branches into new businesses.
SAN FRANCISCO - Four major tech companies including Apple and Google have agreed to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, just weeks before a high profile trial had been scheduled to begin.
SAN FRANCISCO - Google Inc's head of social networking services, Vic Gundotra, is leaving the Internet search company, he said on Thursday, three years after overseeing the launch of the Google+ social network.
SAN FRANCISCO - Facebook Inc has acquired the maker of a mobile app that can track the distance consumers walk or run and measure the calories burned, giving the social networking company an entree into the nascent market for fitness and health monitoring technology.
NEW YORK - Apple has long been a trend-setter whose hot products attract imitators, and now its recent stock split might help revive a trend from the 1990s that has all but disappeared on Wall Street.
- Facebook said on Thursday that it has created a newswire tool tailored to journalists, part of a broader effort to be the go-to place for conversation for its 1 billion users.
- Synaptics Inc reported better-than-expected third-quarter results as demand from mobile phone makers for its touchscreen chips surged, sending its shares up more than 12 percent in after-hours trading.
NEW YORK - The U.S. communications regulator on Thursday sought to tame an outcry over its plan to allow "fast lanes" for some content on the Internet, insisting that the agency will monitor and punish broadband providers that treat Web traffic "unreasonably."
OUAGADOUGOU - Burkina Faso's communications regulator has ordered three cellphone companies to pay 5.8 billion CFA francs ($12.23 million) in fines for poor service.
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.