Home » Technology

Uber Offers New Tipping Option On App

Posted by Eileen French on Jun 22nd, 2017 // No Comments

Some Uber passengers can now tip their U.S. drivers with a tap on the ride-hailing app. The new tipping option will first be available in Seattle, Houston and Minneapolis. Uber plans to roll out the feature in all U.S. cities...

Verizon’s Acquisition Of Yahoo Completed

Posted by Eileen French on Jun 15th, 2017 // No Comments

Verizon (NYSE:VZ) has officially completed its deal to acquire Yahoo’s Internet assets. The deal’s close comes nearly a year after the acquisition was first announced. Verizon paid $4.48 billion for the assets. The...

Toyota Flying Car Project Takes Off

Posted by Eileen French on Jun 3rd, 2017 // No Comments

Toyota Motor Corp. (NYSE:TM) has developed a test model for a “flying car” in partnership with a tech start-up. Toyota will invest 42.5 million yen ($386,000) in Cartivator Resource Management over the next three...

Millions Of Android Devices Infected With Ad-click Malware

Posted by Eileen French on May 29th, 2017 // No Comments

Tens of millions of Android devices may have been infected with a newly discovered piece of malware used to generate fraudulent ad revenue. Security firm CheckPoint has discovered dozens of Android applications that have been...

Apple And Nokia Reach Agreement In Patent Case

Posted by Eileen French on May 23rd, 2017 // No Comments

Apple (NASDAQ:AAPL) and Nokia (NYSE:NOK) have reached a new patent license agreement and have signed a new business deal, ending its legal battle. Nokia’s Chief Legal Officer Maria Varsellona said, “(The agreement)...

Snap Inc. Misses On Revenue In Q1

Posted by Eileen French on May 10th, 2017 // No Comments

Snap Inc. (NYSE:SNAP) posted revenue for the first quarter that missed estimates in its first quarterly earnings report since going public. The company reported revenue of $150 million, lower than the $158 million expected by...

Comcast And Charter Form Wireless Joint Venture

Posted by Eileen French on May 8th, 2017 // No Comments

Comcast Corp. (NASDAQ:CMCSA) and Charter Communications are forming a joint venture to collaborate on the development of technical infrastructure for wireless operations. Under the joint venture, the companies have agreed to...

Apple Ramps Up Fight With Qualcomm

Posted by Eileen French on Apr 29th, 2017 // No Comments

The fight between Apple Inc. (NASDAQ:AAPL) and Qualcomm Inc. (NASDAQ:QCOM) has reached a new height. Apple has informed Qualcomm that it would stop paying disputed licensing fees, intending to wait for a court decision to resume...

Twitter Reports First Revenue Decline Since Going Public

Posted by Eileen French on Apr 27th, 2017 // No Comments

Twitter Inc. (NYSE:TWTR) reported a quarterly revenue decline Wednesday, its first since going public in 2013. The company reported revenue of $548.3 million, down 8 percent year over year. In the same period a year earlier,...

T-Mobile Posts Mixed Results For Q1

Posted by Eileen French on Apr 25th, 2017 // No Comments

T-Mobile (NASDAQ:TMUS) reported mixed results for the first quarter of its fiscal year. The company had $9.55 billion in revenue in the period ended March 31, missing analyst expectations of $9.62 billion. Its net income was...

Tesla Sued By Customers Over Autopilot Issues

Posted by Eileen French on Apr 20th, 2017 // No Comments

Owners of vehicles made by Tesla Inc. (NASDAQ:TSLA) are suing the company over issues with its autopilot software. Three Tesla owners says the company knowingly sold them vehicles with “Enhanced Autopilot” driving technology...

Steve Ballmer Launches New ‘USAFacts’ Initiative

Posted by Eileen French on Apr 19th, 2017 // No Comments

A new effort by former Microsoft chief executive Steve Ballmer will bring a business-minded eye to the U.S. government. Ballmer has funded a project, dubbed USAFacts, to compile where every cent of government money is raised...

Snapchat Introduces New ‘World Lenses’ Feature

Posted by Eileen French on Apr 18th, 2017 // No Comments

Snap Inc. (NYSE:SNAP), the company behind Snapchat, just launched a major update that brings its highly anticipated “World Lenses” feature to the masses. The technology is similar to the augmented reality (AR) used with...

Tesla Sets Delivery Record In First Quarter

Posted by Eileen French on Apr 3rd, 2017 // No Comments

Tesla Inc. (NASDAQ:TSLA) set a record for deliveries and production in the first quarter of its fiscal year. Global deliveries were 69 percent better than in the first quarter of 2016, the company said. The electric car maker...

Apple Announcement Sparks Imagination Tech Shares Plunge

Posted by Eileen French on Apr 3rd, 2017 // No Comments

Apple (NASDAQ:AAPL) has announced that it will stop using graphics technology from British firm Imagination Tech (NASDAQ:MIPS) in its iPhones, iPads and Apple Watches in the near future. The announcement came as terrible news...

Amazon Shutting Down Parent Of Diapers.com And Soap.com

Posted by Eileen French on Mar 30th, 2017 // No Comments

Amazon (NASDAQ:AMZN) has decided to close the unprofitable Quidsi after purchasing the company six years ago. Quidsi is the parent company of Diapers.com, Soap.com, Wag.com, BeautyBar.com, Yoyo.com, and Casa.com. A spokesperson...

Intel Acquiring Mobileye For Autonomous Driving Technology

Posted by Eileen French on Mar 13th, 2017 // No Comments

Israeli autonomous-driving company Mobileye (NYSE: MBLY) is being acquired by Intel (NASDAQ: INTC) for $63.54 a share in cash, or roughly $15.3 billion. The offer represents at 34.5 percent premium on Mobileye’s $47.27...

Alphabet’s Google Releasing Smart Jacket This Fall

Posted by Eileen French on Mar 13th, 2017 // No Comments

This fall, Alphabet Inc.’s (NASDAQ:GOOG) Google and Levi Strauss & Co. will release a smart jacket developed under the name Project Jacquard. The companies first announced their plans to work on connected garments nearly...

Yahoo Notifying Users Of Potential Unauthorized Account Access

Posted by Eileen French on Feb 15th, 2017 // No Comments

Yahoo! Inc. (NASDAQ:YHOO) is notifying people that they may have been affected by an attack in which an intruder created forged cookies that would have granted access to accounts without the need for a password. The incidents...

Ford Announces $1B Investment In AI Tech

Posted by Eileen French on Feb 10th, 2017 // No Comments

Ford Motor Co. (NYSE:F) will invest $1 billion in an artificial intelligence company as part of its efforts to develop self-driving cars by 2021. The $1 billion investment is consistent with the autonomous vehicle capital allocation...

Intel Announces $7B Investment In Arizona Factory

Posted by Eileen French on Feb 8th, 2017 // No Comments

Intel’s (NASDAQ:INTC) chief executive Brian Krzanich announced Wednesday that the company will invest $7 billion to build a factory in Arizona. Krzanich made the announcement while standing beside President Trump in the Oval...

Apple Accused Of Deliberately Breaking FaceTime

Posted by Eileen French on Feb 3rd, 2017 // No Comments

A lawsuit filed in California alleges that Apple deliberately broke its FaceTime video chat app on devices running iOS 6 and earlier versions of the mobile operating system. In 2014, Facetime users found that the app would no...

Number Of Companies Providing Broadband Subsidies Reduced

Posted by Eileen French on Feb 3rd, 2017 // No Comments

The Federal Communications Commission has canceled the participation of nine companies in a federal assistance program that provides broadband to low-income people. Until the announcement, the companies were able to sell broadband-only...

Facebook Reports Strong Results For Fourth Quarter

Posted by Eileen French on Feb 2nd, 2017 // No Comments

Facebook Inc. (NASDAQ:FB) reported strong results for the fourth quarter of fiscal year 2016. Revenue was up 51 percent year over year as the company reported earning $8.81 billion in revenue in the quarter, reaching earnings...

Twitter Reveals Details Of FBI Letters For First Time

Posted by Eileen French on Jan 30th, 2017 // No Comments

Twitter (NYSE:TWTR) recently posted information online about two national security letters it received from the Federal Bureau of Investigation that are no longer restricted by a gag order. The letters to Twitter were sent in...

Twitter Announces Online Vine Archive

Posted by Eileen French on Jan 24th, 2017 // No Comments

Twitter (NYSE:TWTR) has launched an online archive of Vine videos containing all the posts made from 2013 through 2016. The company is launching the archive on the old Vine website at Vine.co. Twitter said “the Vine archive...

Tesla Rolling Out Updated Autopilot Software

Posted by Eileen French on Jan 23rd, 2017 // No Comments

Tesla Motors (NASDAQ:TSLA) has announced that it is rolling out its Autopilot software to Model S and Model X cars built since October, which are equipped with second-generation Autopilot hardware. Tesla has been preparing the...

Breakthrough In Battery Development May Prevent Fires

Posted by Eileen French on Jan 17th, 2017 // No Comments

Stanford University researchers say that they have successfully created a lithium-ion battery with built-in flame suppression. The researchers claim that the flame retardant can extinguish any flames caused by the overheated...

Snap Inc. Performance Questioned Ahead Of IPO

Posted by Eileen French on Jan 5th, 2017 // No Comments

A former Snap Inc. employee has filed a lawsuit claiming that the company hasn’t been honest about its pre-IPO performance metrics. The suit was filed with the L.A. County Superior Court. The filer of the lawsuit, Anthony...

Many Favorite Disney Movies Are Coming To Hulu

Posted by Eileen French on Dec 28th, 2016 // No Comments

Hulu has announced reaching a multi-year licensing agreement with Disney (NYSE:DIS) that will bring family favorites like Mulan, Pocahontas, and The Nightmare Before Christmas to the service. The deal gives the service exclusive...