Facebook profits triple as revenues surge on mobile platform success
2014-04-24 17:59:33 UTC
Facebook profits tripled to $642m as revenues soared 72% in the first quarter of 2014, with the company continuing to shift its customers – and advertisers – to its mobile platform.
Comfortably beating analysts’ expectation the company said Wednesday that it had revenue of $2.5bn (£1.5bn) in the first quarter. Revenue from advertisi...
Facebook boss wants women to act to create 'equal world'
2014-04-23 08:10:53 UTC
Facebook's highest-ranked woman has said women need to take action to create a more equal world.
Sheryl Sandberg, chief operating officer of the social network site, said women should hold half of the important positions in business.
"If you're thinking about doing something, ask yourself what you would do if you weren't afraid a...
Yahoo unveils encryption measures to protect users' data
2014-04-03 17:52:10 UTC
Yahoo has announced major steps to encrypt its users' data in the wake of whistleblower Edward Snowden’s revelations about the extent of government surveillance of private citizens.
Alex Stamos, Yahoo’s recently appointed chief information security officer, said on Wednesday his ultimate aim was to make sure “all traffic through Yah...
Police flooded Facebook's headquarters in Menlo Park
2014-03-12 06:52:37 UTC
MENLO PARK, Calif. — Police flooded Facebook's headquarters in Northern California to investigate after a threat against the company was called in to authorities, Menlo Park police said, but the threat was quickly cleared.
The threat was originally called into the San Francisco Police Department around 7 p.m., said Menlo Park polic...
Netanyahu and Gov. Brown sign pro-business pact
2014-03-05 20:40:30 UTC
MOUNTAIN VIEW, Calif. (AP) — Israeli Prime Minister Benjamin Netanyahu made a swing through the Silicon Valley to meet with high-tech leaders and sign a pro-business agreement with Gov. Jerry Brown.
During a meeting at the Computer History Museum in Mountain View, the two emphasized their joint interests in cybersecurity, energy sou...
Facebook buying messaging app WhatsApp for $19B
2014-02-20 08:32:47 UTC
San Francisco — Facebook is buying mobile messaging service WhatsApp for $19 billion in cash and stock, by far the company's largest acquisition and bigger than any that Google, Microsoft or Apple have ever done.
The world's biggest social networking company said Wednesday that it is paying $12 billion in Facebook stock and $4 billi...
New gender options for Facebook users
2014-02-14 07:17:43 UTC
MENLO PARK, Calif. (AP) — With a click of a cursor, Jay Brown in Cheverly, Md., went from Male to Trans Male. A few states away, Debon Garrigues of Asheville, N.C., switched from Male to Neutral. In San Francisco, Marilyn Roxie, formerly Female, chose three: Androgynous, Transgender and Genderqueer.
Across the country Thursday, ...
French president meets tech execs in San Francisco
2014-02-12 19:28:11 UTC
SAN FRANCISCO (AP) — French President Francois Hollande (frahn-SWAH' oh-LAWND') is meeting with city officials and tech kingpins in San Francisco, and offering his government's support to French entrepreneurs seeking to gain a foothold in Silicon Valley.
Hollande was greeted at San Francisco's City Hall on Wednesday morning by the c...
Facebook's Mark Zuckerberg biggest giver in 2013
2014-02-10 08:30:48 UTC
SEATTLE (AP) — Mark Zuckerberg and his wife, Priscilla Chan, were the most generous American philanthropists in 2013, with a donation of 18 million shares of Facebook stock, valued at more than $970 million, to a Silicon Valley nonprofit in December.
The Chronicle of Philanthropy reported Monday that Zuckerberg's donation was the la...
San Francisco: Google must move 'mystery' barge
2014-02-04 03:19:23 UTC
SAN FRANCISCO (AP) — Google must move a mystery barge from a construction site on an island in the middle of San Francisco Bay because the permits are not in order, a state official said Monday.
The notice came after the San Francisco Bay Conservation and Development Commission investigated numerous complaints about construction of ...
Facebook CEO Mark Zuckerberg, wife give $5 million to expand East Palo Alto clinic
2014-01-23 17:20:42 UTC
EAST PALO ALTO -- A $5 million gift from Facebook founder Mark Zuckerberg and his wife will help pay for a new health clinic serving families in several low-income Peninsula communities, including the East Menlo Park neighborhood where Facebook is headquartered.
"This funding is very important for us to be able to expand our service...
Woman to testify against Google Glass citation
2014-01-16 08:12:24 UTC
SAN DIEGO (AP) — A California woman believed to be the first cited for wearing Google's computer-in-an-eyeglass while driving says she was within her rights and violated no law.
The case to be tried Thursday in a San Diego traffic court could help shape future laws on wearable technology as it goes mainstream.
Google builds a 'Nest' for future of smart homes
2014-01-15 11:13:06 UTC
SAN FRANCISCO (AP) — When our Internet-connected gadgets and home appliances all learn to talk to each other, Google wants to be at the center of the conversation.
This imagined future is still a few years away, but Google is already preparing with its $3.2 billion acquisition of high-tech thermostat and smoke-detector maker Nest La...
Google's top searches peer into society's mindset
2013-12-18 07:46:06 UTC
SAN FRANCISCO (AP) — Death, devices and celebrity drove the quest for more information on Google's search engine this year.
Three of the world's four fastest-rising search requests on Google were triggered by the deaths of famous men.
Former South African President Nelson Mandela, who died earlier this month, occupied the top spo...
Obama meets with tech CEOs amid NSA concerns
2013-12-17 17:43:45 UTC
WASHINGTON (AP) — President Barack Obama on Tuesday huddled with executives from leading technology companies, including Google, Twitter and Apple.
The White House says the meeting was focused on efforts to repair the Obama administration's HealthCare.gov website and reform government information technology.
The National Security...
Tech giants call for controls on gov't snooping
2013-12-09 20:09:03 UTC
LONDON (AP) — Major technology companies, stung by revelations that the U.S. government collects people's personal data on their networks, on Monday issued an open letter to President Barack Obama asking for tighter controls on surveillance.
As part of a global campaign to reform data collection, Google, Facebook, Apple and others s...
Techies vs. NSA: Encryption arms race escalates
2013-11-30 08:11:15 UTC
SAN JOSE, Calif. (AP) — Encrypted email, secure instant messaging and other privacy services are booming in the wake of the National Security Agency's recently revealed surveillance programs. But the flood of new computer security services is of variable quality, and much of it, experts say, can bog down computers and isn't likely to k...
Watchdog: Google breaching Dutch privacy law
2013-11-30 08:07:53 UTC
Jacob Kohnstamm, chairman of the College for the Protection of Personal Data, said that Google's combining of data from different services, including ...
Facebook CEO Says Government "Blew It" with NSA Spying
2014-06-07 07:17:27 UTC
Palo Alto — Facebook CEO Mark Zuckerberg said the U.S. National Security Agency (NSA) needs to find a balance between protecting the country and staying transparent -- but he didn't say it in that nice of a way.
According to ABC News, Zuckerberg had a lot to say about current political affairs, such as the NSA's surveillance progra...
Retailers take on Silicon Valley
2013-11-15 09:26:46 UTC
SAN FRANCISCO (AP) — Software engineers wearing jeans and flip flops test the latest smartphone apps. Walls and windows double as whiteboards where ideas are jotted down. And a mini basketball net is in the center of it all.
At first glance, this workplace resembles any Silicon Valley startup. There's just one exception: Target's tr...
French court: Google must drop 9 Mosley sex images
2013-11-06 20:15:29 UTC
PARIS (AP) — A French court ruled Wednesday that Google must rid its search results of nine images of an orgy involving former Formula One chief Max Mosley.
Google's associate general counsel, Daphne Keller, said the ruling amounted to asking the search giant to build a "censorship machine" and that the company would appeal.
Twitter is powerful, but where are the profits?
2013-11-06 11:21:28 UTC
NEW YORK (AP) — It can help overthrow dictators. But can it make money?
Protesters famously used Twitter to organize during the Arab Spring three years ago. President Barack Obama announced his 2012 re-election victory using the short messaging service. Lady Gaga tweets. So does the pope.
But for all its power and reach, Twitter ...
What is Google building out in San Francisco Bay?
2013-11-05 09:20:00 UTC
San Francisco's mayor says he doesn't know what it is. Police say it's not their jurisdiction. And government inspectors are sworn to secrecy.
Google is erecting a four-story structure in the heart of the San Francisco Bay but is managing to conceal its purpose by constructing it on docked barges instead of on land, where city build...
Google: NSA spying on our data centres 'outrageous'
2013-11-05 11:16:44 UTC
Eric Schmidt, the executive chairman of Google, has attacked the US government for apparently breaking into the connections that link the company's data centres around the world as "outrageous" and described other surveillance practices as "possibly illegal".
Speaking at an event in Hong Kong, Schmidt stepped up the company's respon...
AP-CNBC poll: Twitter faces skeptical investors
2013-11-04 06:15:41 UTC
NEW YORK (AP) — Twitter faces skepticism from potential investors and the broader public ahead of its initial public offering, according to an Associated Press-CNBC poll released Monday.
Some 36 percent of Americans say buying stock in the 7-year-old short messaging service would be a good investment, while 47 percent disagree. Last...