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After pound's fall, Apple to hike British app store prices

LONDON Tech giant Apple is set to raise the prices of its apps in Britain by around 25 percent after the steep drop in sterling following Britain's vote to leave the European Union.

Recent Technology News

Tech vendor Misys launches P2P lending software for banks

NEW YORK Financial technology vendor Misys is launching software to enable banks to provide peer-to-peer lending to their customers as competition from young companies in the sector heats up.

4:22am EST

Creditor group challenges Brazilian firm Oi's restructuring plan

SAO PAULO A creditor group has challenged Oi SA's in-court reorganization plan presented in September, saying the Brazilian wireless carrier's proposed restructuring has "illegal and abusive elements" that favor shareholders at the expense of bondholders.

9:28am EST

Airbus CEO sees 'flying car' prototype ready by end of year

MUNICH Airbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group's chief executive said on Monday.

Jan 16 2017

Oracle opens start-up accelerator in Israel for cloud innovation

TEL AVIV U.S. software provider Oracle Corp said on Monday it was opening an accelerator program in Israel for startups developing cloud technologies or whose technologies are based in the cloud.

Jan 16 2017

Baidu names former Microsoft exec as COO in artificial intelligence push

BEIJING China's Baidu Inc said it has appointed a former Microsoft Corp executive as chief operating officer, part of a push into artificial intelligence as earnings from its core search engine business wane.

Jan 16 2017