Technology News

Photo

BlackBerry cuts jobs worldwide as it consolidates businesses

- Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business.

Recent Technology News

Adult online dating site reports data security breach of member information

- An online dating site for adults seeking sexual trysts has been hacked, potentially compromising the personal information of some of its 64 million members, the company said on Friday.

22 May 2015

U.S. moves to facilitate social media in Crimea

WASHINGTON - The U.S. Treasury Department on Friday authorized American businesses and individuals to facilitate personal communications over the Internet like social media, instant messaging and photo sharing in Crimea, annexed by Russia from Ukraine last year.

22 May 2015

French court sets rules for alternative taxis such as Uber

PARIS - France's highest administrative court on Friday approved two out of three main restrictions on private chauffeured vehicle services such as Uber that were introduced last year after complaints from traditional cab drivers of unfair competition.

22 May 2015

Uber in talks with banks for $1 billion credit facility: WSJ

- Uber Technologies Inc is seeking a $1 billion credit line from banks, the Wall Street Journal reported, citing people familiar with the matter.

22 May 2015

China's Didi Kuaidi ups stakes in taxi apps war

BEIJING - China's dominant taxi-hailing firm Didi Kuaidi will spend 1 billion yuan ($161.39 million) on promotions, the company said on Friday, in an aggressive expansion that will help lure in riders and fend of rivals like U.S. firm Uber Technologies Inc.

22 May 2015