Technology News Headlines

Facebook to introduce new advertising platform - WSJ

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REUTERS - Facebook Inc is set to unveil a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reported on Monday citing people with knowledge of the matter.

Tech, Business, Facebook 6:18am IST

Mon, Sep 22 2014

Apple sells more than 10 million new iPhones in first 3 days

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REUTERS - Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays.

Tech, Top News 22 Sep 2014

Sony PlayStation TV to hit stores on Oct. 14

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REUTERS - Sony Corp said PlayStation TV set-top box, which allows users to access movies and TV episodes from the PlayStation store, will hit stores in the United States and Canada on Oct. 14.

1:25am IST

Alibaba IPO ranks as world's biggest after additional shares sold

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HONG KONG - Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.

Tech, Top News, Business 22 Sep 2014

N.Y. financial regulator says to focus on cyber security

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NEW YORK - New York's financial regulator said on Monday his agency will focus on cyber security over the next year, saying the possibility of a systemic attack to the financial system is one thing that keeps him awake at night.

1:27am IST

AT&T, Chernin venture to buy majority stake in Fullscreen

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LOS ANGELES - Otter Media, a joint venture between telecom giant AT&T Inc and The Chernin Group, has agreed to buy a majority stake in Fullscreen, one of the largest networks on YouTube, the companies announced on Monday.

1:30am IST

Home rum? Online booze delivery service thrives in Cincinnati

LOUISVILLE Ky. - Less than 10 days after launching in Cincinnati, an online beer run and convenience store service says business is so good, it is looking into expanding into nearby cities in Ohio and Kentucky.

3:37am IST

Alibaba IPO underwriters earn $300 million in fees, 1.2 pct of deal

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HONG KONG - Banks handling the initial public offering of Alibaba Group Holding Ltd are set to earn $300.4 million in underwriting commissions, the Chinese e-commerce giant said in a securities filing on Monday.

22 Sep 2014

Exclusive - Silver Lake in the lead to acquire Shutterfly: sources

NEW YORK - Private equity firm Silver Lake is in advanced talks to acquire Shutterfly Inc , the online photo-sharing services provider, for at least $2 billion, people familiar with the matter said on Monday.

22 Sep 2014

Israel approves Intel's $6 billion investment in chip plant

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TEL AVIV - Israel's finance and economy ministries on Monday approved a plan by Intel Corp to invest $6 billion in the upgrade of its chip manufacturing plant in the southern town of Kiryat Gat.

22 Sep 2014