SAN FRANCISCO - A few days after selling WhatsApp to Facebook for $19 billion, Jan Koum stepped into a suite at the St. Regis Hotel in San Francisco to celebrate with old friends, including CEOs, reformed hackers and a few people who fell into both those camps.
Recent Technology News
CHICAGO - High-speed trader Infinium Capital Management, which has struggled financially, has stopped trading and is working to wind down the company, President Mark Palchak told Reuters on Thursday.
SAN FRANCISCO - Privacy advocates have asked U.S. regulators to halt Facebook Inc's $19 billion acquisition of messaging service WhatsApp until there is a clearer understanding of how the company intends to use the personal data of WhatsApp's 450 million users.
SAN FRANCISCO - A U.S. judge on Thursday rejected Apple's request for a permanent sales ban in the United States against some older Samsung smartphones, a key setback for the iPhone maker in its global patent battle.
MEXICO CITY - Mexico's telecoms regulator said on Thursday it has decided who is dominant in telecommunications and broadcasting, a key ruling widely expected to impose tougher anti-trust measures on the local mobile and fixed line units of tycoon Carlos Slim's America Movil as well as broadcaster Televisa.
- Activist investor Carl Icahn told eBay Inc shareholders in a letter on Thursday he has "not yet begun to fight" to get the e-commerce company to spin off its PayPal payments unit.
- Britons increasingly see rate rise but lower their inflation forecasts - BoE
- China-sensitive Burberry and miners weigh on FTSE
- Alliance Trust sets up English companies ahead of Scotland vote
- RSA names new head of Irish unit after accounting scandal
- U.S. job growth accelerates, weather cuts into hours worked
- EU antitrust chief wary about market power of merging telcos
- Exclusive - Pimco's Gross declares El-Erian is 'trying to undermine me'
- Appeals court acquits banks in Milan derivatives case
- ECB's Mersch - banks clean-up needed to boost 'weak growth'
- Construction pushes German industry output up in January
TOKYO - Sony Corp said on Friday that it would book about a 10 billion yen ($97 million) profit in the next fiscal quarter on the sale of Tokyo property, as it disposes of assets under a turnaround effort.