Technology News


In cloud stock tumult, investors give valuations a reality check

SAN FRANCISCO Global economic uncertainty and worries about weak spending on information technology are forcing investors in cloud computing stocks and related enterprise companies to take a reality check.

Recent Technology News

Akamai revenue beats; to buy back $1 billion of shares

Online content distributor Akamai Technologies Inc reported better-than-expected quarterly revenue, helped by higher demand for its security services, and announced a $1 billion share buyback program.

4:27pm EST

Facebook's India stumble could embolden other regulators

SINGAPORE/MUMBAI India's decision to effectively ban Facebook's pared-back free Internet service is a major blow to the social network's plans, and may prompt other regulators to demand equal online access for their users.

Google CEO Pichai receives stock grant worth about $199 million

Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc .

12:33am EST

U.S. intelligence chief warns of 'homegrown' security threat

WASHINGTON Attacks by "homegrown" Islamist extremists are among the most imminent security threats facing the United States in 2016, along with dangers posed overseas by Islamic State and cyber security concerns, the top U.S. intelligence official said on Tuesday.

U.S., Cybersecurity 5:35pm EST

Verizon enlists AOL CEO to explore Yahoo deal: Bloomberg

Verizon Communications Inc has given Tim Armstrong, chief executive officer of its AOL unit, a leading role in exploring a possible bid for Yahoo Inc's assets, Bloomberg reported, citing a person with knowledge of the situation.

Deals, 08 Feb 2016