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Tech News
Panasonic, Tesla to build big US battery plant
TOKYO (AP) -- American electric car maker Tesla Motors Inc. is teaming up with Japanese electronics company Panasonic Corp. to build a battery manufacturing plant in the U.S. expected to create 6,500 jobs....
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Irish bookmaker apologizes for 2010 data breach
DUBLIN (AP) -- Irish betting company Paddy Power says it is notifying hundreds of thousands of customers that most of their profile information was stolen in 2010, but hackers did not gain their credit card details or log-in passwords....
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Facebook's Internet.org expands in Zambia
NEW YORK (AP) -- Facebook's Internet.org project is taking another step toward its goal of bringing the Internet to people who are not yet online, launching an app Thursday in Zambia....
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China denies hacking Canadian tech research group
BEIJING (AP) -- A Chinese official said Thursday that Canada should withdraw its accusation that China was behind the hacking of Canada's top technology development organization....
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Samsung earns $6.1 billion, shares plunge
SEOUL, South Korea (AP) -- Samsung earned $6.1 billion last quarter but investors were dissatisfied, sending its share price down 4 percent. The panoply of numbers in its earnings report for the April-June quarter show why....
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Nokia in wireless network deal with Panasonic
HELSINKI (AP) -- Finnish wireless equipment maker Nokia says it has a preliminary agreement to acquire part of the wireless network business of Japan's Panasonic Corp....
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Alcatel loss narrows in 2Q but revenue stagnates
PARIS (AP) -- Telecommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted....
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Sony surprises with first quarter profit
TOKYO (AP) -- Sony Corp. reported a surprise eightfold jump in quarterly profit Thursday as sales got a perk from a cheap yen and its bottom line was helped by gains from selling buildings and its stake in a video-game maker....
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Probe exposes flaws behind HealthCare.gov rollout
WASHINGTON (AP) -- Management failures by the Obama administration set the stage for computer woes that paralyzed the president's new health care program last fall, nonpartisan investigators said in a report released Wednesday....
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Samsung profit falls as smartphone sales slow
SEOUL, South Korea (AP) -- Samsung Electronics Co. reported a bigger-than-expected fall in second quarter profit on Thursday and said it was uncertain if earnings from its handset business would improve in the current quarter....
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