SAN FRANCISCO - Hewlett-Packard Chief Executive Meg Whitman gave up her symbolic $1 salary and now draws an annual base salary of $1.5 million, reflecting the 93 percent rise in the company's stock so far this year.
Recent Technology News
ST. LOUIS - The U.S. Treasury Department's anti money-laundering unit is warning businesses linked to the digital currency Bitcoin that they may have to comply with federal law and regulation as money transmitters, a Treasury spokesman said.
- AT&T Inc, the biggest U.S. phone company, said on Tuesday that it would sell its wireline operations in Connecticut to regional telephone operator Frontier Communications for $2 billion in cash, to help fund network upgrades.
- Nortel Networks Inc., a defunct telecoms company, has reached a deal that will cut more than $3 billion from what was allegedly owed to former Nortel entities in Europe, marking what it called a "significant milestone" to ending its five-year bankruptcy.
SAN FRANCISCO - Facebook Inc took a first step on Tuesday toward selling video ads that play automatically in newsfeeds, moving cautiously to unlock a source of revenue that could annoy users.
MILAN - Investors with a combined 53.8 percent stake in Telecom Italia have registered so far for a key shareholder meeting on December 20 that will decide whether to oust the board, the company said on Tuesday.
- Fed faces tough call on bond buying as economy strengthens
- Wall Street ends slightly lower on day before Fed statement |
- U.S. preparing civil charges against Citigroup, Merrill Lynch: sources
- Analysis: Investment risks of fast-tracking biotech drugs become apparent
- Bank of Canada sees less volatility from Fed tapering
- Boeing making short list for 777X factory location
- Sentinel trustee wants Bank of NY Mellon to return $337 million
- Exclusive: Private equity firm Ares rejects pitches to do IPO soon
- JPMorgan seeks more than $1 billion from FDIC over WaMu claims