Snap General Counsel Chris Handman steps down Snap Inc said its general counsel Chris Handman stepped down to spend more time with his family. Handman, who played a key role in taking the owner of Snapchat public, was with the company since May 2014. Earlier he was a partner at […]
Technology
Technology
Options traders bullish on Facebook ahead of second-quarter results As Facebook Inc (FB.O) geared up to report second-quarter results on Wednesday, traders in the options market are exhibiting a greater degree of bullishness in more than a year, options data showed. The stock, which hit an all-time high of $166.17 […]
Apple ordered to pay $506 million to university in patent dispute A U.S. judge on Monday ordered Apple Inc to pay $506 million for infringing on a patent owned by the University of Wisconsin-Madison’s patent licensing arm, more than doubling the damages initially imposed on Apple by a jury. U.S. […]
House panel wants Google, Facebook, AT&T CEOs to testify on internet rules The chairman of the U.S. House Energy and Commerce Committee on Tuesday asked chief executives from companies representing the two sides of the net neutrality debate, including Alphabet, Facebook, AT&T and Verizon, to testify at a Sept. 7 […]
Wisconsin company offers employees microchip implants A Wisconsin vending machine company is offering its employees a chance to have a microchip implanted in their hands that they could use to buy snacks, log in to computers or use the copy machine. About 50 employees at Three Square Market have agreed […]
Alphabet adds to cash pile despite higher costs, antitrust fine Alphabet Inc reported a 21 percent jump in quarterly revenue on Monday, maintaining a growth rate that is rarely seen among companies its size and suggesting the big sales gains enjoyed recently by the other Internet firms are not done […]
Organic ranchers eye Amazon distribution ahead of Whole Foods deal Amazon.com Inc (AMZN.O) plans to meet on Wednesday with a dozen U.S. ranchers, seeking to expand distribution of organic and grass-fed meats as it takes over Whole Foods Market Inc (WFM.O), according to the meeting’s organizer. Analysts and investors have […]
EU increases pressure on Facebook, Google and Twitter over user terms European Union authorities have increased pressure on Facebook, Google and Twitter to amend their user terms to bring them in line with EU law after proposals submitted by the tech giants were considered insufficient. The European Commission and consumer […]
Exclusive: Spotify, Warner hope to clinch royalty deal by September – sources Music streaming company Spotify is close to agreeing a new licensing pact with Warner Music Inc, the last big music royalty deal it needs before pushing ahead with a U.S. stock market listing, four sources familiar with the […]
Qualcomm accuses tech group of ‘misdirecting’ trade regulators Qualcomm Inc (QCOM.O) fired back in its case against Apple Inc (AAPL.O) on Monday, accusing its critics of waging a “coordinated effort aimed at misdirecting” trade regulators. Earlier this month, Qualcomm filed a complaint with the U.S. International Trade Commission seeking to […]
