Technology News


Facebook's ascent has investors betting on more gains

NEW YORK - The big selloffs in shares of social media companies last quarter following weak results seem to be brushed under the carpet this earnings season as investors focus instead on the success of Facebook Inc .

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Toshiba interim CEO Muromachi to stay on in role: media

TOKYO - Toshiba Corp has decided to propose interim President Masashi Muromachi as a more permanent chief executive officer beyond September after a slew of executives resigned over their roles in the country's biggest accounting scandal in years, Japanese media said on Tuesday.

27 Jul 2015

Bolivia is tripling the size of its subway in the sky

LA PAZ - Bolivia already has the largest urban cable car system in the world. Now the booming country is tripling the size of the network and will soon have nine lines whizzing above the administrative capital of La Paz.

27 Jul 2015

Taxi laws need post-Uber rethink, French economy minister says

- Taxi legislation needs to adapt to the arrival of online ride-hailing services like Uber, France's Economy Minister Emmanuel Macron said on Monday as he convened talks to address the controversial issue.

Chi-X founder in blockchain trading technology venture

LONDON - One of the founders of trading venue Chi-X Europe is joining the race to bring "blockchain" technology, the system that tracks and identifies transactions in digital-currency bitcoin, to the wider financial world.

27 Jul 2015

Gambling firm GVC raises offer to $1.6 billion for rival

LONDON - Online gambling firm GVC Holdings returned on Monday with a new 1 billion-pound ($1.55 billion) bid for rival Digital Entertainment , looking to trump a recently accepted offer from 888 .

Deals 27 Jul 2015