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Technology News


Twitter's video-sharing mobile app Vine to close

NEW YORK Twitter Inc announced Thursday that it would discontinue the video-sharing mobile app Vine, as it moves to cut 9 percent of its workforce worldwide to keep costs down after beating Wall Street quarterly earnings expectations.

Recent Technology News

CenturyLink nears deal to merge with Level 3: sources

NEW YORK CenturyLink Inc and Level 3 Communications are in advanced talks to merge, according to people familiar with the matter, in a deal that would create an enterprise telecommunications player worth more than $50 billion, including debt.

Deals 2:38pm EDT

Samsung Electronics vows mobile rebound, dangles buyback after Note 7 shock

SEOUL Samsung Electronics Co Ltd on Thursday said it aims to recover quickly from the disastrous withdrawal of the fire-prone Galaxy Note 7 that dragged third-quarter mobile earnings to their lowest level in nearly eight years.

5:42am EDT

Tesla up on surprise profit, reassurance on capital plans

Tesla Motors Inc's shares rose more than 5 percent in early trading on Thursday as investors welcomed the electric car maker's first quarterly profit in more than three years and its reassurance that the Model 3 sedan would not need new capital.

10:07am EDT

Italy judge agrees tax probe settlement with head of Apple's Irish unit: source

MILAN A Milan judge has accepted a settlement agreement with the head of Apple's Irish-based unit Apple Sales International as part of a probe into allegations the U.S. tech giant failed to pay corporate taxes in Italy to the tune of 879 million euros ($959.43 million), a judicial source said.

5:27am EDT

Tech privacy ally Feingold leads in Wisconsin Senate race

WASHINGTON Next month's Senate election in Wisconsin could gain Silicon Valley a key ally in Washington in the high-tech industry's battle against the U.S. government's growing appetite for more access to private data.

Election 2016, Politics, 6:25am EDT