Technology

Facebook discloses details on bonuses
    6 years 2 weeks ago
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NEW YORK (AP) — Facebook's top executives, including CEO Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45 percent of their base salaries and other earnings, according to a Wednesday regulatory filing. Facebook Inc. said in a filing with the Securities and Exchange Commission
Chairman, 3 others out in Yahoo board shake-up
    6 years 2 weeks ago
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SAN FRANCISCO (AP) — Yahoo Chairman Roy Bostock and three longtime board members are stepping down, submitting to the demands of many frustrated shareholders who blame them for not fixing the problems dragging down the Internet company's revenue and stock price. The shake-up announced Tuesday
Google, Facebook remove content on India's order
    6 years 3 weeks ago
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NEW DELHI (AP) — Google India has removed web pages deemed offensive to Indian political and religious leaders to comply with a court case that has raised censorship fears in the world's largest democracy, media reported Monday. The action follows weeks of intense government pressure for 22
For Facebook 'Hacker Way' is way of life
    6 years 3 weeks ago
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NEW YORK (AP) — Facebook's billionaire CEO Mark Zuckerberg calls himself a hacker. For most people, that word means something malicious — shady criminals who listen in on private voicemails, or anonymous villains who cripple websites and break into email accounts. For Facebook, though,
CEO of chip maker Micron dies in plane crash
    6 years 3 weeks ago
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BOISE, Idaho (AP) — The head of memory chip maker Micron, long known for taking risks in stunt piloting, died Friday when a small experimental plane he was piloting steeply banked, stalled and crashed near an Idaho runway. Steve Appleton, who survived a similar crash eight years ago and had a
Status update: Facebook to go public, raise $5B
    6 years 3 weeks ago
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NEW YORK (AP) — Facebook is friending Wall Street: The Internet social network is going public in a stock offering that could value it at up to $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard. The much-anticipated status update means
Honda sees sharp drop in profit on Thai floods
    6 years 4 weeks ago
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TOKYO (AP) — Battered by the strong yen and supply disruptions from Thailand's floods, Honda said Tuesday that its net earnings in the October-December quarter tumbled 41 percent to 47.6 billion yen ($625 million) and projected a sharply lower full-year profit. It's been a tough year for the
Facebook, Washington state target online spam
    6 years 4 weeks ago
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SEATTLE (AP) — Facebook is partnering with the U.S. state of Washington to combat a type of spam called "clickjacking" that is plaguing the social networking site, company and state officials announced Thursday. Two separate lawsuits were filed in federal courts in California and Washington
Nintendo chief promises to do Wii U launch right
    6 years 4 weeks ago
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TOKYO (AP) — Nintendo's chief is determined to get right the launch of its next game machine, Wii U, set for this year's holiday shopping season, and acknowledged Friday some mistakes with selling its 3DS handheld. But Nintendo Co. President Satoru Iwata warned earnings for the fiscal year set
Wikipedia founder hails halting of US piracy bills
    6 years 4 weeks ago
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DAVOS, Switzerland (AP) — The founder of Wikipedia has hailed the online encyclopedia's role in helping halt U.S. legislation aimed at cracking down on Internet piracy. Jimmy Wales told The Associated Press in an interview Thursday that the idea to black out Wikipedia's English pages for 24
Hyundai Motor reports record $7.2B profit for 2011
    6 years 4 weeks ago
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SEOUL, South Korea (AP) — Hyundai Motor's net profit jumped 35 percent to a record high last year after selling more than 4 million cars for the first time. The company's 2011 earnings reached 8.1 trillion won ($7.2 billion), up from 6 trillion won a year earlier, the automaker said Thursday
Apple doubles iPhone sales in 1Q
    6 years 1 months ago
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NEW YORK (AP) — The iPhone is taking over Apple. For the first time, the device that changed how people use mobile phones, accounts for more than half of the behemoth company's sales. Apple Inc. on Tuesday said it sold 37 million iPhones in the last three months of 2011, vastly exceeding
BlackBerry maker co-CEOs step down as co-CEOs
    6 years 1 months ago
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TORONTO (AP) — BlackBerry maker Research in Motion's co-CEOs, Jim Balsillie and Mike Lazaridis, announced Sunday they would step down as co-CEOs of the once-iconic company that has struggled to compete in recent years. The RIM founders will be replaced by Thorsten Heins, a chief operating
Online companies win piracy fight
    6 years 1 months ago
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WASHINGTON (AP) — Outspent but hardly outgunned, online and high-tech companies triggered an avalanche of Internet clicks to force Congress to shelve legislation that would curb online piracy. They outmaneuvered the entertainment industry and other old guard business interests, leaving them
Yahoo co-founder Jerry Yang leaving company
    6 years 1 months ago
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SAN FRANCISCO (AP) — Yahoo co-founder Jerry Yang is leaving the struggling Internet company, as it tries to revive its revenue growth and win over disgruntled shareholders under a new leader. The departure, announced Tuesday, punctuates the end of an era at Yahoo, a tarnished Internet icon
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