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Electric car charging station companies issue warning over VW settlement

SAN FRANCISCO Electric vehicle charging companies are calling for independent oversight of the $2 billion Volkswagen AG is required to invest in clean car infrastructure, saying VW should not have the power to shape the nascent electric car charging space.

Recent Technology News

Yelp swings to surprise profit, raises full-year revenue forecast

Consumer review website operator Yelp Inc swung to an unexpected second-quarter profit and raised its full-year revenue forecast as investments in sales and marketing led to more businesses and consumers signing up for its services.

Aug 09 2016

Philippine bank says it preserves ties with big U.S. banks despite heist role

MANILA Rizal Commercial Banking Corp (RCBC) officials say they have preserved ties with major U.S. banks despite the use of one of its branches in Manila by cyber criminals to funnel $81 million stolen from the Bangladesh central bank’s account at the Federal Reserve Bank of New York.

12:48am EDT

Intel to buy artificial intelligence firm Nervana Systems

Intel Corp said on Tuesday it would acquire startup Nervana Systems as the world's largest chipmaker bolsters its artificial intelligence capabilities.

Deals Aug 09 2016

Disney beats estimates, buys video streaming stake to lure web viewers

Walt Disney Co's quarterly profit and revenue on Tuesday beat analysts' estimates fueled by movie studio hits, and the media company said it was taking a stake in a streaming video technology company to sell more content directly to consumers.

Aug 09 2016

Alibaba cloud computing arm to help foreign tech firms enter China

HONG KONG Chinese e-commerce giant Alibaba Group Holding Ltd is offering to help international technology firms such as SAP SE to enter China, a market where foreign tech companies face increased government scrutiny.

Aug 09 2016