Technology News
Electric car charging station companies issue warning over VW settlement
SAN FRANCISCO Electric vehicle charging companies are calling for independent oversight of the $2 billion Volkswagen AG is required to invest in clean car infrastructure, saying VW should not have the power to shape the nascent electric car charging space.
Recent Technology News
Yelp swings to surprise profit, raises full-year revenue forecast
Consumer review website operator Yelp Inc swung to an unexpected second-quarter profit and raised its full-year revenue forecast as investments in sales and marketing led to more businesses and consumers signing up for its services.
Philippine bank says it preserves ties with big U.S. banks despite heist role
MANILA Rizal Commercial Banking Corp (RCBC) officials say they have preserved ties with major U.S. banks despite the use of one of its branches in Manila by cyber criminals to funnel $81 million stolen from the Bangladesh central bank’s account at the Federal Reserve Bank of New York.
Intel to buy artificial intelligence firm Nervana Systems
Intel Corp said on Tuesday it would acquire startup Nervana Systems as the world's largest chipmaker bolsters its artificial intelligence capabilities.
Disney beats estimates, buys video streaming stake to lure web viewers
Walt Disney Co's quarterly profit and revenue on Tuesday beat analysts' estimates fueled by movie studio hits, and the media company said it was taking a stake in a streaming video technology company to sell more content directly to consumers.
Alibaba cloud computing arm to help foreign tech firms enter China
HONG KONG Chinese e-commerce giant Alibaba Group Holding Ltd is offering to help international technology firms such as SAP SE to enter China, a market where foreign tech companies face increased government scrutiny.
- World stocks hit one-year peak, dollar sags on weak U.S. data
- Money laundering rule on prepaid cards stalled after industry pushback
- 'Self-driving' in spotlight again as China sees first Tesla autopilot crash
- Oil falls on oversupply as calls for producer talks draw scepticism`
- In recovering housing market, the starter home remains elusive
- Before Valeant overhaul, Ackman met investors at brainstorming event
- U.S. judge dismisses challenge to Seattle's Uber, Lyft union law
- U.S. productivity falls for third consecutive quarter
- Consumer groups press Yum's KFC to tighten antibiotic rules
- Canada's Bell announces public offering of C$1.5 billion of medium term notes