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Technology News


Airbnb, New York City settle rental law lawsuit

NEW YORK Airbnb Inc and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals.

Recent Technology News

Sirius reapproaches Pandora for a takeover: source

Satellite radio company Sirius XM Holdings Inc's Chairman Greg Maffei recently made a fresh approach to internet radio provider Pandora Media Inc and expressed interest about a potential takeover, according to a source familiar with the matter.

Exclusive: U.S. networking company Ixia explores sale - sources

Ixia, a U.S. provider of equipment and applications that help maintain computer networks, is exploring a potential sale, people familiar with the matter said on Friday.

Deals Dec 02 2016

Danish prosecutor indicts Uber over driver violations

COPENHAGEN Ride-hailing group Uber Technologies' [UBER.UL] European business has been indicted in Denmark on charges of assisting two drivers in violating taxi laws, the Copenhagen police's head of public prosecutions said on Friday.

Dec 02 2016

Fiber upgrade cost traps Britain in cyber slow lane

LONDON Britons desperate for faster broadband are unlikely to get it from a plan to separate the country's biggest network from BT unless the industry tackles how to pay up to 25 billion pounds ($76 billion) to upgrade to fiber-optic cables.

Dec 02 2016

Money transfer firm WorldRemit eyes new markets, growth

TORONTO WorldRemit, an online service for overseas money transfers, is looking to expand into new markets and add services like direct payments for bills and school fees, its president said on Friday.

Dec 02 2016