Technology News
Facebook's rise in profits, users shows resilience after scandals4/25/2018 9:08:53 PM - Facebook Inc shares rose on Wednesday after the social network reported revenue that beat Wall Street estimates, showing no initial impact on its lucrative ad business from a scandal over the handling of personal data.Trump, top aides talk trade with Apple CEO Cook at White House4/25/2018 9:34:00 PMWASHINGTON - President Donald Trump and two top aides talked about trade issues with Apple Inc chief Tim Cook on Wednesday as the White House prepares to try to avert a trade war with China, a manufacturing hub for the iPhone maker.Qualcomm profit tops estimates on higher modem chip sales4/25/2018 8:59:03 PM - U.S. chipmaker Qualcomm Inc's quarterly profit and revenue topped Wall Street forecasts, led by higher sales of modem semiconductors used in smartphones and connected cars.Facebook will not testify at U.S. House hearing on social media4/25/2018 9:05:14 PMWASHINGTON - Facebook Inc said on Wednesday it has declined an invitation to testify at a U.S. House of Representatives hearing Thursday on filtering practices by social media companies, a company spokesman said.PayPal quarterly profit beats estimates, shares rise4/25/2018 8:41:49 PM - PayPal Holdings Inc reported first-quarter profit that beat Wall Street estimates on Wednesday as the payment processor benefited from higher volumes of mobile payments and a strong merchant services business.Brazil prosecutors say Windows 10 settings violate local laws4/25/2018 9:19:28 PMSAO PAULO - Federal prosecutors in Brazil asked a court on Wednesday to force Microsoft to change its default installation process for Windows 10, which they said violated several local laws by collecting user data without their "express consent."NYSE glitch forces Amazon and Alphabet traders elsewhere4/25/2018 8:31:42 PMNEW YORK - The New York Stock Exchange said on Wednesday that trading was suspended on its exchange in five stocks, including Amazon and Alphabet, for the rest of the day due to a technical glitch involving trade reporting.Twitter shares fall on outlook of slower growth, rising costs4/25/2018 8:00:44 PM - Twitter Inc shares fell on Wednesday after the social network said its revenue growth would slow this year and costs rise as it works to fight the spread of hate speech and allegations of election manipulation through its service.U.S. probing Huawei for possible Iran sanctions violations: sources4/25/2018 7:53:30 PMNEW YORK/LONDON - U.S. prosecutors in New York have been investigating whether Chinese tech company Huawei [HWT.UL] violated U.S. sanctions in relation to Iran, according to sources familiar with the situation.Hotel key cards, even invalid ones, help hackers break into rooms4/25/2018 7:46:52 PMHELSINKI - By getting hold of a widely used hotel key card, an attacker could create a master key to unlock any room in the building without leaving a trace, Finnish security researchers said in a study published on Wednesday, solving a 14-year-old mystery.