SAN FRANCISCO - Four major tech companies including Apple and Google have agreed to pay a total of $324 million to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, sources familiar with the deal said, just weeks before a high profile trial had been scheduled to begin.
Recent Technology News
NEW YORK - Apple has long been a trend-setter whose hot products attract imitators, and now its recent stock split might help revive a trend from the 1990s that has all but disappeared on Wall Street.
- Facebook said on Thursday that it has created a newswire tool tailored to journalists, part of a broader effort to be the go-to place for conversation for its 1 billion users.
- Synaptics Inc reported better-than-expected third-quarter results as demand from mobile phone makers for its touchscreen chips surged, sending its shares up more than 12 percent in after-hours trading.
NEW YORK - The U.S. communications regulator on Thursday sought to tame an outcry over "net neutrality" rules it is developing, saying the agency would make sure broadband providers which "unreasonably" discriminate against Web traffic are punished.
OUAGADOUGOU - Burkina Faso's communications regulator has ordered three cellphone companies to pay 5.8 billion CFA francs ($12.23 million) in fines for poor service.
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- UPS ratifies new five-year labor agreement