Information technology

January 24, 2019 - 12:08 pm
NEW YORK (AP) — Digital media company BuzzFeed is cutting 15 percent of its jobs, or about 200 people, to trim costs and become profitable. BuzzFeed CEO Jonah Peretti wrote employees Wednesday that the layoffs will help BuzzFeed avoid having to raise money from investors again. The privately held...
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January 23, 2019 - 4:42 pm
NEW YORK (AP) — Verizon is cutting about 800 jobs, or 7 percent of its media and advertising employees, as it reorganizes the troubled division. The wireless company had hoped to create an ad business that could compete with Google and Facebook. It spent roughly $10 billion buying up former...
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From left, IndyCar CEO Mark Miles, Tsuneshia Okuno, an executive vice president at NTT and 2018 series champion Scott Dixon shake hands during a news conference, Tuesday, Jan. 15, 2019 at the North American International Auto Show in Detroit. IndyCar has signed a multi-year title sponsorship deal with NTT, a global information technology and communications leader. The partnership makes NTT the official technology partner of the IndyCar Series, Indianapolis Motor Speedway, the Indianapolis 500 and NASCAR's Brickyard 400. NTT replaces Verizon, which was title sponsor of the series from 2014 until it ended its partnership last season. (AP Photo/Carlos Osorio)
January 15, 2019 - 3:43 pm
IndyCar announced a multi-year title sponsorship deal Tuesday with NTT, a global information technology and communications company based in Japan. The series will be called the NTT IndyCar Series. NTT Data, a subsidiary of parent company Nippon Telegraph and Telephone Corp., already sponsors a car...
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FILE - In this July 31, 2018 file photo, employees walk past logos of the Samsung Electronics Co. at its office in Seoul, South Korea, Samsung is giving a weak fourth-quarter operating profit forecast, as the smartphone and memory chip maker contends with increased competition and softer chip demand. The announcement, Monday, Jan. 7, 2019, follows Apple’s disclosure that its revenue for the last quarter of 2018 will fall well below projections, a decrease the company traced mainly to China. Apple is one of Samsung’s chip customers. (AP Photo/Ahn Young-joon, File)
January 08, 2019 - 10:42 am
NEW YORK (AP) — Samsung expects its quarterly operating profit to fall 29 percent compared with last year, potentially unsettling a tech sector already skittish about slowing global economic growth. The announcement from the South Korean computer chip and smartphone giant comes less than a week...
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A Kunpeng 920 chip is displayed during an unveiling ceremony in Shenzhen, China, Monday, Jan. 7, 2019. Chinese telecom giant Huawei unveiled a processor chip for data centers and cloud computing as it expands into an emerging global market despite Western warnings the company might be a security risk. (AP Photo/Vincent Yu)
January 07, 2019 - 5:59 am
BEIJING (AP) — Huawei Technologies Ltd. showed off a new processor chip for data centers and cloud computing Monday, expanding into new and growing markets despite Western warnings the company might be a security risk. Huawei and other Chinese technology companies that rely on Western technology...
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December 30, 2018 - 12:58 am
LOS ANGELES (AP) — The Latest on a computer virus that has affected the printing and delivery of newspapers across the nation (all times local): 11 p.m. Tribune Publishing says a computer virus disrupted production of the Chicago Tribune and its other newspapers across the country, the Chicago...
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FILE - In this May 31, 2018, file photo, customers enter the Apple store, in New York. Apple will build a $1 billion campus in Austin, Texas, break ground on smaller locations in Seattle, San Diego and Culver City, California, and over the next three years will expand in Pittsburgh, New York and Colorado. (AP Photo/Mark Lennihan, File)
December 13, 2018 - 2:56 pm
AUSTIN, Texas (AP) — Apple plans to build a $1 billion campus in Austin, Texas, that will create at least 5,000 jobs ranging from engineers to call-center agents while adding more luster to a Southwestern city that has already become a bustling tech hub. The decision, announced Thursday, comes 11...
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Trader Gregory Rowe works at the New York Stock Exchange, Wednesday, Dec. 12, 2018, in New York. (AP Photo/Mark Lennihan)
December 12, 2018 - 1:58 pm
NEW YORK (AP) — Global stock indexes jumped Wednesday to reverse some of their big losses from the week before. In the U.S., technology companies rallied and energy companies rose along with crude oil prices. Health care and industrial companies also jumped, while safer, high-dividend stocks like...
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FILE - In this Dec. 3, 2014, file photo, AOL CEO Tim Armstrong is interviewed during "Opening Bell with Maria Bartiromo," on the Fox Business Network, in New York. Shares of Verizon are falling before the opening bell after the company said it would take a $4.6 billion hit for what’s become an expensive internet foray with Yahoo and AOL. The two companies, which came to be called Oath under Verizon, has yet to pan out. In September, Verizon announced that Oath CEO Armstrong was leaving. (AP Photo/Richard Drew, File)
December 12, 2018 - 9:31 am
NEW YORK (AP) — Shares of Verizon slipped before the opening bell Wednesday with the company taking a $4.6 billion hit on what's become an expensive internet foray that's never panned out. In a regulatory filing late Tuesday, Verizon Communications Inc. said it will take a charge in the fourth...
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In this Nov. 2, 2018 photo, a sales associate is seen through a window display helping a customer try on a parka at the Mall at Short Hills in Short Hills, N.J. Like many malls, this shopping complex is offering more immersive shopping experiences. Outerwear brand Canada Goose unveiled a store with a “cold room” where customers can try on its $1,000 parkas in sub-zero temperatures. (AP Photo/Ted Shaffrey)
December 11, 2018 - 10:33 am
SHORT HILLS, N.J. (AP) — Online retailers are getting physical. A growing number of brands born on the internet are now opening brick-and-mortar stores and moving into the suburban malls once considered doomed as more Americans shopped online. But they're taking it even further by doubling-down on...
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