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Technology News


Google rebrands cloud business, adds more artificial intelligence

Alphabet Inc's Google said on Thursday it renamed its business-to-business cloud computing brand and enhanced some enterprise applications using artificial intelligence, the company's latest gambit to better compete with Amazon.com and Microsoft Corp. in the lucrative cloud business.

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New California law allows test of autonomous shuttle with no driver

SAN FRANCISCO A bill signed into law on Thursday by California Governor Jerry Brown allows a self-driving vehicle with no operator inside to test on a public road, a key step enabling a private business park outside San Francisco to test driverless shuttles.

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'Farmville' creator Zynga names former EA executive CFO

"Farmville" creator Zynga Inc on Thursday appointed Gerard Griffin as its chief financial officer, adding another Electronic Arts Inc executive to its top ranks.

4:35pm EDT

Nutanix IPO shows risks of 'unicorn' valuations

SAN FRANCISCO In the run-up to its initial public offering, cloud computing company Nutanix scrambled to avoid a situation that has increasingly marred technology IPOs: a price that is below the most recent private funding round.

Deals 9:16pm EDT

Video game makers extend months-long rally with new titles on tap

SAN FRANCISCO Shares of video game maker Activision Blizzard and rival Electronic Arts extended months-long Wall Street rallies in September as investors eyed new versions of high-profile franchises such as "FIFA" and "Call of Duty," analysts said.

4:38pm EDT

Elliott takes 8.1 percent stake in Mentor Graphics

Activist hedge fund Elliott Management said it bought 8.1 percent stake in Mentor Graphics Corp , calling on the company to increase shareholder value and pursue "strategic opportunities."

10:28pm EDT