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Tech News
Amazon shares fall on 2Q loss
SEATTLE (AP) -- Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a deeper-than-expected second quarter loss as expenses outpaced a surge in revenue....
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Proxy adviser says Sprint CEO was paid too much
NEW YORK (AP) -- Institutional Shareholder Services, a leading shareholder advisory firm, is telling shareholders to protest Sprint Corp. CEO Dan Hesse's $49 million 2013 pay package, saying it's excessive and not tied to performance....
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Texas governor's startup fund is not all it seems
AUSTIN, Texas (AP) -- Texas Gov. Rick Perry has distributed $205 million in taxpayer money to scores of technology startups using a pet program designed to bring high-paying jobs and innovation to the nation's second most-populous state....
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Nokia sees brighter future without handset unit
HELSINKI (AP) -- There is life after mobile phones for Nokia....
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FX says overnight ratings becoming meaningless
NEW YORK (AP) -- It's a rite nearly as old as television: the morning after a new show premieres, network executives wait impatiently for the Nielsen company's estimate of how many people watched, and rush to report the first sign of a hit....
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LG Electronics says 2Q profit more than doubled
SEOUL, South Korea (AP) -- LG Electronics Inc. reported a forecast-beating quarterly profit Thursday and gave an upbeat outlook for smartphone profitability as its mobile division ended a streak of losses....
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European Central Bank hit by data theft
BERLIN (AP) -- The European Central Bank said Thursday that email addresses and other contact information have been stolen from a database that serves its public website, though it stressed that no internal systems or market-sensitive data were compromised....
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Get paid for posts? Social networking's new twist
SAN FRANCISCO (AP) -- Facebook and most other social networks are built on the premise that just about everything should be shared -except the money those posts produce....
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NYC official: Thieves got into 1K StubHub accounts
NEW YORK (AP) -- Some of the hottest tickets in town - to Broadway hits, Jay-Z and Justin Timberlake concerts, a New York Yankees-Boston Red Sox game - were snapped up by an international ring of cyber thieves who commandeered more than 1,000 StubHub users' accounts to make big money by fraudulently buying tickets and reselling them, prosecutors said Wednesday....
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Twitter admits to diversity problem in workforce
SAN FRANCISCO (AP) -- Twitter acknowledged that it has been hiring too many white and Asian men to fill high-paying technology jobs, just like several other major companies in Silicon Valley....
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