The latest news on technology
NEW YORK (AP) — The New York Times Co. named outgoing BBC head Mark Thompson as its next chief executive, saying it valued his record in helping the British broadcaster expand online.
SACRAMENTO, Calif. (AP) — The computer network at the California Department of Motor Vehicles went down for several hours Tuesday, triggering delays as clerks at field offices throughout the state processed driver's licenses and registrations by hand.
LOS ANGELES (AP) — Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain.
MENLO PARK, Calif. (AP) — Facebook's early investors and a handful of directors will become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that will give many Facebook employees the same right to sell their shares this fall.
SAN FRANCISCO (AP) — Add Angie's List to the list of Internet companies now trading below their IPO price.
LONDON (AP) — European rabbis said Tuesday that they were lobbying Apple Inc. to pull a mobile app version of "The Protocols of the Elders of Zion," a notorious anti-Semitic forgery.
SAN FRANCISCO (AP) — Several computers and personal items worth more than $60,000 were stolen from the Northern California home of the late Steve Jobs in what authorities insist was a run of the mill burglary.
NEW YORK (AP) — Phone companies are losing the high-speed Internet game. In the second quarter, the landline phone industry lost a substantial number of broadband subscribers for the first time, as cable companies continued to pile on new household and small business customers, thanks to the higher speeds they offer in most areas.
Apple extended its dominance in tablet computers, shipping nearly seven out of every 10 tablets in the second quarter, according to research firm IHS iSuppli.
LOS ANGELES (AP) — The weak European economy contributed to lower sales growth than expected at Groupon Inc., and analysts expressed concern that the company is increasing revenue through the less-profitable business of actually selling items, rather just directing customers to great deals.