Business News
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HICKORY, N.C. (AP) — CommScope is buying TE Connectivity’s telecom, enterprise and wireless businesses for about $3 billion, which will help diversify its operations and broaden its geographic reach. The businesses, made up of 65…
January 28, 2015 -
By RUSSELL CONTRERAS Associated Press ALBUQUERQUE, N.M. (AP) — A former Los Alamos National Laboratory scientist who pleaded guilty to trying to help Venezuela develop a nuclear weapon is set to be sentenced. Pedro Leonardo…
January 28, 2015 -
DALLAS (AP) — AT&T booked a nearly $4 billion loss for the fourth quarter because of a slew of one-time expenses that included a loss on benefit plans, but its revenue grew 4 percent to…
January 28, 2015 -
By YOUKYUNG LEE and BARBARA ORTUTAY AP Technology Writers SEOUL, South Korea (AP) — No storm selfies, hookups, status updates. With Facebook and Instagram down for nearly an hour overnight, what were legions of users…
January 28, 2015 -
By BRANDON BAILEY AP Technology Writer SAN FRANCISCO (AP) — Microsoft shares plunged 10 percent Tuesday after the software giant reported quarterly revenue that beat expectations but warned that a weak PC market and a…
January 28, 2015 -
By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is spinning off the company’s $39 billion stake in China’s Alibaba Group Holding in a move that wards off a potential…
January 28, 2015 -
By BRANDON BAILEY AP Technology Writer SAN FRANCISCO (AP) — Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft’s quarterly revenue above expectations, as CEO Satya Nadella continues…
January 28, 2015 -
SAN FRANCISCO (AP) — The pink mustache is out. Ride-hailing company Lyft has pulled the pink furry mustache that drivers display on the front of their cars and replaced it with a 5-inch-long pink “glowstache”…
January 27, 2015 -
By KELVIN CHAN AP Business Writer HONG KONG (AP) — Hackers defaced the website of Malaysia Airlines on Monday and threatened to dump stolen information online after posting a glimpse of customer data obtained in…
January 27, 2015 -
By BARBARA ORTUTAY AP Technology Writer NEW YORK (AP) — At a cozy watering hole in Brooklyn’s Bedford-Stuyvesant neighborhood, bartender Kathy Conway counted four different phone chargers behind the bar. Call it the scourge of…
January 26, 2015 -
By BRANDON BAILEY AP Technology Writer SAN FRANCISCO (AP) — Apple CEO Tim Cook got a hefty cash bonus that brought his total compensation to $9.2 million last year. That’s more than double what he…
January 26, 2015 -
By MAE ANDERSON AP Technology Writer NEW YORK (AP) — EBay plans to cut 2,400 jobs, or 7 percent of its staff, in the first quarter to simplify its structure and boost profit ahead of…
January 23, 2015 -
SEATTLE (AP) — Melinda Gates says she and her husband, Microsoft co-founder Bill Gates, are most likely going to see their hometown team play in the Super Bowl. Their friend and Microsoft co-founder Paul Allen…
January 23, 2015 -
NEW YORK (AP) — The founder of the popular, if at times notorious, online message board 4chan is retiring as the site’s administrator. Christopher Poole launched the site in 2003 when he was 15 years…
January 22, 2015 -
By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — Coming off its best quarter yet, Netflix is accelerating its international expansion in hopes its original programming will hook millions more subscribers on the Internet…
January 21, 2015