Technology News
Wisconsin bill giving $3 billion incentives to Foxconn advances8/18/2017 4:45:49 AM - Wisconsin's Republican-controlled State Assembly voted 59-30 on Thursday to approve a bill that paves the way for a $3 billion incentives package for a proposed liquid-crystal display plant by Taiwan's Foxconn.YouTube TV expands to 14 new markets, partners with Sinclair stations8/18/2017 12:51:08 AM - Alphabet Inc's Google has expanded its YouTube TV streaming service into 14 new U.S. markets to reach half of American households, with an additional 17 markets to launch in the next few weeks, the company said on Thursday.Facebook tests adding news stories customized to users' interests8/18/2017 12:22:07 AMSAN FRANCISCO - Facebook Inc is testing a feature in the Facebook News Feed that provides customized links to news on topics of interest to individual users, as the company continues to search for ways to increase the amount of time that people spend using the world's largest social media network.Uber wins U.S. court appeal to push price-fixing case to arbitration8/18/2017 3:03:28 AMNEW YORK - Uber Technologies Inc [UBER.UL] on Thursday won a victory in its effort to keep unhappy customers from suing in court, persuading a federal appeals court to send a Connecticut passenger's price-fixing case against the ride-service company into arbitration.Ackman's Pershing Square says ADP needs to streamline, modernize8/18/2017 12:18:09 AMBOSTON/NEW YORK - Billionaire activist investor William Ackman on Thursday said Automatic Data Processing Inc's stock price could double in the next five years if the human resources outsourcing company cuts costs, streamlines its business and invests in technology upgrades.China's Lenovo posts first-quarter loss on higher costs, sluggish PC market8/18/2017 5:08:49 AMHONG KONG - Chinese personal computer maker Lenovo Group Ltd posted a first-quarter loss on Friday citing higher costs and slower growth in the personal computer market, and said the outlook was challenging due in part to supply constraints.China targets Alibaba's Taobao, other e-commerce sites, in VPN crackdown8/17/2017 1:44:03 PMBEIJING - Chinese authorities have issued a warning to the country's top e-commerce platforms, including Alibaba Holding Group Ltd's Taobao.com, over the sale of illegal virtual private networks that allow users to skirt state censorship controls.ThoughtSpot raises $60 million, ends funding round for artificial intelligence technology8/17/2017 9:19:50 PMSAN FRANCISCO - Silicon Valley technology company ThoughtSpot has completed a $120 million funding round to fuel the start-up's new artificial intelligence endeavor.Sixt CEO hints at car-sharing merger talks between BMW and Daimler8/17/2017 7:11:04 PMFRANKFURT - German carmakers Daimler and BMW may be in talks to combine their car-sharing services Car2Go and DriveNow, the chief executive of car rental company and DriveNow partner Sixt hinted on Thursday.Alibaba beats on earnings as e-commerce remains core revenue driver8/17/2017 9:24:37 PMBEIJING - Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online sales.