Technology News Headlines

Facebook talks up need for virtual reality, big tech bets

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SAN FRANCISCO - Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled some investors and analysts.

Tech, Facebook 6:11pm EDT

Apple's Tim Cook will give away all his money: Fortune

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- Apple Inc Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth.

7:27pm EDT

U.S. House committee advances 'threat-sharing' cybersecurity bill

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WASHINGTON - The U.S. House of Representatives Intelligence Committee voted unanimously on Thursday to advance a long-awaited bill that would make it easier for companies to share information about cybersecurity threats with the government without the fear of lawsuits.

U.S., Tech 10:58am EDT

Amid trial, Kleiner Perkins recruits next generation of partners

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SAN FRANCISCO - For the past month, the name most associated with venture capital firm Kleiner Perkins Caufield & Byers is former partner Ellen Pao, who took the firm to trial for gender discrimination and retaliation.

Tech, U.S. 9:17pm EDT

RadioShack rescue deal dogged by fights, demands for new auction

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WILMINGTON, Del. - RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale.

9:16pm EDT

Twitter launches video streaming app Periscope

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- Twitter Inc launched a video streaming app called Periscope on Thursday, just days after reports that it had blocked a rival app called Meerkat. | Video

Tech, Twitter 5:11pm EDT

Google to pay CFO Porat more than $70 million in two years

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- Google Inc said it would pay its new Chief Financial Officer, Ruth Porat, more than $70 million in the next two years through a combination of restricted stock units and a biennial grant.

Tech, Money 6:26pm EDT

New U.N. investigator to probe digital spying

GENEVA - The United Nations top human rights body agreed on Thursday to appoint a special investigator to probe digital spying and violations of online privacy.

World, Tech, United Nations 2:00pm EDT

GameStop profit forecast falls short on weak demand for consoles

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- GameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.

8:00pm EDT

U.S. questions China at WTO on banking technology restrictions

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GENEVA - The United States is concerned about China's restrictions on the use of foreign information technology equipment by the banking sector, according to a filing published by the World Trade Organization on Thursday.

Tech, China 12:42pm EDT
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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.