Technology News


UberPOP halts service in France after clampdown, protests

PARIS - Uber Technologies will suspend its UberPOP ride-hailing service in France, the U.S. company said on Friday, after it faced sometimes-violent protests and local authorities denounced it as an illegal taxi service.

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Samsung Group companies' merger deal runs into fresh opposition

SEOUL - The proposed $8 billion merger of two Samsung Group companies came under attack from two directions on Friday, as an activist hedge fund filed a court action against the deal and a shareholder advisory group recommended shareholders oppose it.

Deals, 8:33am EDT

Intel President Renée James to step down in January

- Intel Corp President Renée James will step down in January to pursue an external chief executive role, Intel Chief Executive Brian Krzanich said in a statement.

02 Jul 2015

GAO sees room for improvement in bank cyber security exams

- U.S. banking regulators must hire and train more examiners with technology expertise so they can give more useful cyber security recommendations to small and mid-sized banks, a federal watchdog agency has warned.

02 Jul 2015

Yelp temporarily decides not to pursue a sale: Bloomberg

- Yelp Inc, operator of consumer review website, had temporarily decided not to pursue a sale, Bloomberg reported, citing people with knowledge of the matter.

Deals, 02 Jul 2015

Salinas's Totalplay eyes Mexico wholesale network

MEXICO CITY - Totalplay, the pay TV, Internet and fixed-line company owned by Mexican billionaire Ricardo Salinas, is considering participating in an upcoming tender for a $7 billion wholesale mobile network, the company's chief executive said on Thursday.

02 Jul 2015