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Technology News


New York governor approves new regulations on Airbnb

New York Governor Andrew Cuomo approved legislation on Friday that would place new regulations on online home rental companies like Airbnb.

Recent Technology News

Microsoft shares hit high as cloud business flies above estimates

Microsoft Corp said sales of its flagship cloud product doubled in its first quarter, propelling earnings above analysts' estimates and sending its shares to an all-time high, breaking past a level hit in 1999 at the peak of the tech stock bubble.

Oct 20 2016

Tesla says it will roll out Uber-style ride services program

SAN FRANCISCO Tesla Motors Inc is planning to roll out a ride services program and will announce details next year, the luxury electric vehicle maker said on its website, a service first outlined by Chief Executive Elon Musk in his master plan in July.

Oct 20 2016

Two-wheel drive: China tech giants bet on 'Uber for bikes' in hunt for next unicorn

HONG KONG China's tech industry giants are sloughing hundreds of millions of dollars into what they're betting will be the country's next big internet craze - 'Uber for bikes'.

Facebook, China Oct 20 2016

Wal-Mart to invest $50 million in China online grocer New Dada

SHANGHAI Wal-Mart Stores Inc will invest $50 million in Chinese online grocery and delivery firm New Dada, the U.S. retailer said on Friday, extending its tie-ups with local online players to help boost sales in the world's second-largest economy.

Oct 20 2016

Nintendo slides 6 percent after unveiling 'Switch' game console

TOKYO Shares of Nintendo Co Ltd dropped 6 percent in early trade on Friday after the videogame maker unveiled its next-generation gaming console, called the Nintendo Switch.

Oct 20 2016