NEW YORK Twitter Inc announced Thursday that it would discontinue the video-sharing mobile app Vine, as it moves to cut 9 percent of its workforce worldwide to keep costs down after beating Wall Street quarterly earnings expectations.
Recent Technology News
NEW YORK CenturyLink Inc and Level 3 Communications are in advanced talks to merge, according to people familiar with the matter, in a deal that would create an enterprise telecommunications player worth more than $50 billion, including debt.
SEOUL Samsung Electronics Co Ltd on Thursday said it aims to recover quickly from the disastrous withdrawal of the fire-prone Galaxy Note 7 that dragged third-quarter mobile earnings to their lowest level in nearly eight years.
Tesla Motors Inc's shares rose more than 5 percent in early trading on Thursday as investors welcomed the electric car maker's first quarterly profit in more than three years and its reassurance that the Model 3 sedan would not need new capital.
MILAN A Milan judge has accepted a settlement agreement with the head of Apple's Irish-based unit Apple Sales International as part of a probe into allegations the U.S. tech giant failed to pay corporate taxes in Italy to the tune of 879 million euros ($959.43 million), a judicial source said.
WASHINGTON Next month's Senate election in Wisconsin could gain Silicon Valley a key ally in Washington in the high-tech industry's battle against the U.S. government's growing appetite for more access to private data.
- Stocks flat as earnings roll in, Comcast drags Nasdaq
- Twitter cuts jobs with eye on 2017 profit; Vine discontinued
- Belgium breaks deadlock over EU-Canada free trade pact |
- Hyundai, Kia to pay $41.2 million to resolve US states' mileage claims
- U.S. business spending tepid; labor market firming
- Ford, GM pitch new strategies; Wall Street snubs them
- UPS CEO seeing greater commitment from Obama administration on TPP deal
- Exxon eyes setting up a trading division: FT