NEW YORK - IBM Corp has been sued by a shareholder who accused it of concealing how its ties to what became a major U.S. spying scandal reduced business in China and ultimately caused its market value to plunge more than $12 billion.
Recent Technology News
SAN FRANCISCO - Twitter Inc was forced to nix a change to its "block" feature on Thursday after attracting a wave of protest from users who said the new policy empowered perpetrators of online abuse.
SEATTLE - Microsoft Corp is considering Qualcomm Inc Chief Operating Officer Steve Mollenkopf as a candidate for its new chief executive officer, Bloomberg News reported on Thursday, as it reaches the final stages of a four-month search process.
- A commercial space company owned by Amazon founder Jeff Bezos has lost a challenge over NASA's plans to lease out one of the space shuttle's dormant launch pads in Florida, officials said on Thursday.
WASHINGTON - Major U.S. wireless carriers on Thursday pledged to make it easier for consumers to "unlock" their mobile phones for use on competitors' networks, responding to pressure from consumer groups and the top U.S. communications regulator.
NEW YORK - Cisco Systems Chief Executive John Chambers said on Thursday that the network equipment company is preparing for a long battle to improve its business in China, one that will not be won "in a quarter or two."
- Wall Street rises modestly after three-day drop
- U.S. wholesale prices point to muted inflation pressures
- Exclusive: Ex-UBS banker sought in tax probe being extradited to U.S.
- Lockheed aims to deliver 36 jets in 2013 despite bad weather
- Insight: Europe faces moment of truth on banks, with flawed defenses
- China to keep policy and growth steady in 2014, push reform
- In landmark for EU, Ireland leaves its bailout behind |
- UK central bank chief Carney sees deal in 2014 over shouldering bank losses
- Machinists reject second Boeing labor contract offer