Technology News


U.S. court rules for government over NSA metadata collection program

WASHINGTON - A U.S. appeals court on Friday threw out a judge's ruling that would have blocked the National Security Agency from collecting phone metadata if it had gone into effect.

Recent Technology News

Uber China closes $1 billion fundraising round: sources

BEIJING/SHANGHAI - Uber Technologies Inc's China arm has closed its $1 billion fundraising round early, according to two people with knowledge of the matter, with investors still hopeful for the U.S.-based ride service despite strong domestic competition.

2:28am EDT

China's Unigroup chairman visiting U.S. to discuss Micron bid: sources

WASHINGTON/BEIJING - The chairman of China's Tsinghua Unigroup traveled to the United States this week to meet with board members of Micron Technology and try to revive a politically fraught takeover bid of the U.S. chipmaker, people familiar with the matter said.

Deals, China 1:52am EDT

Nokia agrees on 'Shanghai Bell' joint venture with China Huaxin

HELSINKI - Finnish telecom equipment maker Nokia said it had agreed to create a Chinese joint venture with Huaxin in a move that could pave the way for China's approval for Nokia's proposed takeover of Alcatel-Lucent .

Deals 7:26am EDT

Key Apple suppliers seeking stake in Taiwan chip packaging firm

TAIPEI - Iphone assembler Hon Hai Precision Industry Co Ltd will buy a 21 percent stake in Siliconware Precision Industries Co Ltd (SPIL), both firms said on Friday, days after another Taiwan-based Apple Inc supplier also said it wanted to buy into the chip packaging firm.

Deals 6:02am EDT

Payments glitch at HSBC leaves thousands of Britons without wages

LONDON - Thousands of Britons failed to receive their wages on Friday when a problem at Europe's biggest bank HSBC prevented some of its business customers from making payments.

10:40am EDT