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Equifax CEO departs, forgoes bonus after massive data breach

Equifax Inc said on Tuesday that Chief Executive Richard Smith would leave the company and forgo this year's bonus as criticism mounts over a massive cyber attack that has plunged the credit-monitoring firm into crisis. | Video

Recent Technology News

UK inventor James Dyson aims for electric car launch by 2020

LONDON James Dyson, the billionaire British inventor of the bagless vacuum cleaner, said on Tuesday his company was working on developing an electric car to be launched by 2020.

3:26pm EDT

Self-driving car advocates launch ad campaign to prod Congress

WASHINGTON A coalition of supporters of self-driving cars said on Tuesday that it will run ads this week in social media and Washington newspapers, in an effort to convince the U.S. Congress to adopt sweeping legislation to boost the nascent industry.

Alibaba takes control of logistics business, pledges $15 billion to expand network

HONG KONG/BEIJING Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive expansion plans overseas. | Video

10:23am EDT

F1 team uses racing car technology to keep newborns safe in ambulances

GROVE, England A Formula One racing team is employing technology that helps racing drivers survive high speed crashes to create a new device that keeps newborn babies safe during emergency transportation. | Video

Science, Health 6:27am EDT

China's Ant brings in CK Hutchison as Hong Kong payments partner

BEIJING Ant Financial, the payment affiliate of Alibaba Group Holding Ltd, said it will create a joint venture this year with CK Hutchison Holdings Ltd to operate its payment app in Hong Kong, ending Ant's solo management of the service.

7:36am EDT