Technology

Twitter COO Anthony Noto resigns to join online lender SoFi

Twitter Inc’s Chief Operating Officer Anthony Noto resigned to join online lender Social Finance Inc (SoFi) as its chief executive officer.

Technology

Tesla says CEO Musk to get paid only when company performs well

Tesla Inc said on Tuesday its Chief Executive Elon Musk will receive no guaranteed compensation of any kind, and that he will be paid only if Tesla and all of its shareholders do extraordinarily well.

Technology

Montana governor takes stand for state to honor ‘net neutrality’

Montana will sign contracts only with internet service providers that honor “net neutrality” firms, Governor Steve Bullock said on Monday.

Technology

Alstom to test automated freight train in the Netherlands

A train will travel for about 100 kilometers (62 miles) without driver intervention as part of the first test of an automated train for overground freight by Alstom, the French train-maker said on Monday.

Technology

Facebook should pay ‘trusted’ news publishers carriage fee: Murdoch

Media mogul Rupert Murdoch on Monday called on Facebook to pay “trusted” news publishers a carriage fee, similar to the model used by cable companies, amid efforts by the social media company to fight misinformation on its platform.

Technology

Icahn, Deason call on Xerox to explore options, including sale

Hedge fund investor Carl Icahn and another major owner of Xerox Corp stock, Darwin Deason, are pushing the digital print technology provider to explore strategic alternatives, including a sale, the Wall Street Journal reported on Sunday.

Technology

Amazon’s automated grocery store of the future opens Monday

Amazon will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail.

Technology

Trump signs bill renewing NSA’s internet surveillance program

U.S. President Donald Trump said he had signed into law a bill renewing the National Security Agency’s warrantless internet surveillance program.

Technology

Ex-IBM employee from China gets five years prison for stealing code

A former software engineer for IBM in China was sentenced to five years in prison after he pleaded guilty to stealing proprietary source code from the company, prosecutors announced on Friday.

Technology

Facebook to prioritize ‘trustworthy’ news based on surveys

Facebook Inc will prioritize “trustworthy” news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Friday.

Technology

Amazon raises monthly fee for Prime service by 18 percent

Amazon.com Inc on Friday raised the monthly fee for Amazon Prime, its fast-shipping and video-streaming service, to $12.99 from $10.99, while maintaining the annual fee.

Technology

U.S. CFTC sues three virtual currency operators for fraud

The U.S. derivatives watchdog said on Friday that it has filed charges against three separate virtual currency operators alleging the defendants had defrauded customers and broken other commodity trading rules.

Technology

Nokia signs its first official 5G equipment deal with NTT DoCoMo

Finland’s Nokia said on Friday it signed its first major deal to supply new 5G wireless radio base stations to Japanese telecom operator NTT DoCoMo.

Technology

Uber-SoftBank deal has closed, making SoftBank largest shareholder

A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

Technology

Eni launches world’s biggest industrial supercomputer

Italian oil and gas group Eni said on Thursday it had installed new capacity at its supercomputing centre near Milan to create the world’s most powerful industrial computer.

Technology

Apollo-owned security firm ADT’s IPO prices below target

U.S. security company ADT Corp, owned by private equity firm Apollo Global Management LLC, said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offerings.

Technology

Spotify launches visual content in multimedia push ahead of IPO

Music streaming company Spotify launched a feature that will allow listeners to see stories, news and other content through photos, videos and text, the company said on Thursday, expanding beyond music ahead of taking itself public.

Technology

Tom Siebel’s billion-dollar software firm raises $100 million

C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.

Technology

Apple to pay $38 billion in repatriation tax

Apple Inc will make about $38 billion in tax payments to bring funds kept overseas back to the United States under new federal tax laws, the company said on Wednesday.

Technology

French startup launches hydrogen-powered bicyles

A French start-up has become the first company to start factory production of hydrogen-powered bicycles for use in corporate or municipal fleets.

Technology

U.S. lawmaker asks Intel, others for briefing on chip flaws

A Democratic U.S. lawmaker asked Intel Corp and two other microchip makers on Tuesday to provide a briefing on the recently detected Spectre and Meltdown security flaws that could allow hackers to steal information from most computers and devices.

Technology

YouTube again revises rules to protect advertisers from offensive content

Alphabet Inc’s Google is making its second attempt in less than a year to protect advertisers on its YouTube user channels from being associated with videos featuring violence, gore or bad language.

Technology

Senate to vote to renew NSA’s internet surveillance program

The U.S. Senate on Tuesday planned to vote to advance a bill to renew the National Security Agency’s warrantless internet surveillance program, as privacy advocates made a final push to derail the measure.

Technology

Google to expand cloud infrastructure with new regions, submarine cables

Alphabet Inc’s Google said on Tuesday it would add five regions and build three new submarine cables as it expands its infrastructure for cloud customers.

Technology

Maersk, IBM to launch blockchain-based platform for global trade

The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars.