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Uber CEO Travis Kalanick resigns under investor pressure

Friday, 23 June 2017 12:04

Uber CEO Travis Kalanick resigns under investor pressure Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under pressure from investors after a string of setbacks.
 

U.S. Supreme Court ruling threatens massive talc litigation against J&J

Thursday, 22 June 2017 11:25

U.S. Supreme Court ruling threatens massive talc litigation against J&J Johnson & Johnson is seizing upon a U.S. Supreme Court ruling from Monday limiting where injury lawsuits can be filed to fight off claims it failed to warn women that talcum powder could cause ovarian cancer.
 
 

Fed`s Dudley urges caution on rate hikes, cites risks to U.S.

Thursday, 15 June 2017 09:06

Fed`s Dudley urges caution on rate hikes, cites risks to U.S. The Federal Reserve should be cautious in considering an interest rate increase due to lingering risks to the U.S. economy, one of the central bank`s most influential policymakers said on Monday, appearing to signal the chance of a hike by the end of the year was fading.
 
 

European bank rebound not enough to save world stocks from further losses

Thursday, 15 June 2017 09:06

European bank rebound not enough to save world stocks from further losses World stocks fell for a third straight day on Wednesday, depressed by growing nervousness surrounding central bank policy and the recent spike in world bond yields, although European bank shares rebounded after two major earnings reports.
 
 

Verizon plans to cut 2,000 jobs at Yahoo, AOL: source

Monday, 12 June 2017 09:42

Verizon plans to cut 2,000 jobs at Yahoo, AOL: source Verizon Communications Inc (VZ.N) is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc`s (YHOO.O) core assets next week, a person briefed on the matter said.
 
 

Apple`s first TV series shows what it takes to build an app

Thursday, 08 June 2017 10:02

Apple`s first TV series shows what it takes to build an app Apple Inc`s long-awaited move into original television series starts Tuesday, with a reality show about a universe that is key to the technology giant`s business: the world of app developers trying to bring their ideas to the masses.
 
 

Exclusive: Google faces hefty EU fine in shopping case by August - sources

Monday, 05 June 2017 10:08

Exclusive: Google faces hefty EU fine in shopping case by August - sources EU antitrust regulators aim to slap a hefty fine on Alphabet (GOOGL.O) unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the U.S. company.
 
 

Consumer spending, inflation data support Fed rate hike case

Thursday, 01 June 2017 10:35

Consumer spending, inflation data support Fed rate hike case U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand that could allow the Federal Reserve to raise interest rates next month.
 
 

Newly discovered vulnerability raises fears of another WannaCry

Saturday, 27 May 2017 10:13

Newly discovered vulnerability raises fears of another WannaCry A newly found flaw in widely used networking software leaves tens of thousands of computers potentially vulnerable to an attack similar to that caused by WannaCry, which infected more than 300,000 computers worldwide, cybersecurity researchers said on Thursday.
 
 

Four car makers settle claims over Takata inflators for $553 million

Monday, 22 May 2017 10:35

Four car makers settle claims over Takata inflators for $553 million Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million recalled vehicles with potentially defective Takata airbag inflators, court documents filed on Thursday showed.
 
 

Smog in key northern China region rises in first four months of year

Wednesday, 17 May 2017 10:12

Smog in key northern China region rises in first four months of year Air pollution in a key Chinese region surrounding Beijing worsened in the first four months of this year, despite tough new campaigns to enforce green regulations and punish offenders, official data published on Tuesday showed.
 
 

India facing higher monsoon rains than forecast: weather office chief

Thursday, 11 May 2017 09:31

India facing higher monsoon rains than forecast: weather office chief India looks likely to receive higher monsoon rainfall than previously forecast as concern over the El Nino weather condition has eased, the chief of the weather office said on Tuesday, raising prospects of higher farm and economic growth.
 
 

Euro hits 6-month high, Asian shares firm after French election

Tuesday, 09 May 2017 10:14

Euro hits 6-month high, Asian shares firm after French election The euro hit a six-month high against the dollar on Monday while Asian shares gained and U.S. stock futures briefly touched a record high, on investor relief after centrist Emmanuel Macron comfortably won the French presidential election.
 
 

Nearly 400 migratory birds die from striking Texas skyscraper

Tuesday, 09 May 2017 10:11

Nearly 400 migratory birds die from striking Texas skyscraper Nearly 400 migratory birds of brilliant plumage were killed when they smashed into an office tower in Texas while flying in a storm, officials said on Friday.
 
 

Google success in U.S. schools forces Microsoft, Apple to scramble

Thursday, 04 May 2017 09:56

Google success in U.S. schools forces Microsoft, Apple to scramble Microsoft Corp`s announcement of a suite of new education products on Tuesday shows the company`s determination to reverse a major shift that has taken place in U.S. classrooms in recent years: for most educators and school districts, Google`s Chromebook is now the computer of choice.
 
 

Inspired by Pokemon Go, Facebook pushes augmented reality

Thursday, 20 April 2017 10:09

Inspired by Pokemon Go, Facebook pushes augmented reality Facebook Inc is trying to seize on the technology known as augmented reality, a mix of the real and digital worlds best known from the hit smartphone game Pokemon Go, Chief Executive Mark Zuckerberg said on Tuesday.
 
 

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