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Technology News

PayPal valued at about $52 billion in market return
PayPal Holdings Inc. shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq on Monday, valuing the company at about $52 billion.
Posted on 7-20-2015 at 1:33 PM
Google stock soars to record high on earnings beat
Google Inc.’s stock rallied in Europe trading after new Chief Financial Officer Ruth Porat signaled plans to bring more restraint to spending at the Internet search giant.
Posted on 7-17-2015 at 8:19 AM
The five things Wall Street wants from Google’s new CFO
The new CFO arrived amid concerns that the tech giant is spending too much, growing more slowly and hampered by regulatory scrutiny. Wall Street is banking on her to calm their concerns.
Posted on 7-15-2015 at 8:08 AM
Blacks Photography to live on digitally
Photography retailer Blacks, which is closing all of its 59 bricks-and-mortar stores next month, will live on digitally.
Posted on 7-14-2015 at 12:50 PM
Twitter shares spike after fake story on sham Bloomberg site
A false report appearing to stem from floated unconfirmed rumours that Twitter has received a takeover offer for as much as $31 billion US, sending shares in the micro-blogging site up as much as 5.9 percent in late morning trading on Tuesday.
Posted on 7-14-2015 at 12:41 PM
New Horizons: NASA spacecraft sends detailed photo of Pluto
NASA's New Horizons spacecraft made its closest approach to Pluto Tuesday, and sent back the most detailed image of the dwarf planet yet.
Posted on 7-14-2015 at 11:28 AM
BlackBerry taps Cisco veteran as global head of sales
Wiese, who has spent the last 12 years at Cisco Systems Inc initially heading advanced technology sales and later its collaboration product sales efforts, replaces John Sims as BlackBerry’s global head of sales.
Posted on 7-13-2015 at 9:25 AM
Microsoft to cut 7,800 jobs, write down Nokia phone business
The company also said it would record an impairment charge of about $7.6 billion related to its acquisition of Nokia's handset business.
Posted on 7-08-2015 at 9:23 AM

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