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Tag: Google

Verizon buys Yahoo for $4.83B, marking end of an era

SAN FRANCISCO (AP) — Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet. It is the second time in as many years that Verizon has snapped up the remnants of a fallen internet star as it broadens its digital reach. The nation’s largest wireless carrier paid $4.4 billion for AOL last year. Yahoo will be rolled into Verizon’s AOL operations and CEO Marissa Mayer may be reunited with AOL CEO Tim Armstrong, who worked with her as executives at Google for years and tried unsuccessfully to convince...

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‘Pokemon Go’ Digital Popularity Is Also Warping Real Life

LOS ANGELES (AP) — The “Pokemon Go” craze has sent legions of players hiking around cities and battling with “pocket monsters” on their smartphones. It marks a turning point for augmented reality, or technology that superimposes a digital facade on the real world. But the game’s popularity has created unintended consequences in everyday life, from annoyed property owners dealing with hordes of monster hunters to store owners using the game to attract customers. Though perhaps that’s to be expected from a game that has players visit real-world landmarks such as train stations, churches and museums in order to find...

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Tesla Crash Could Hurt Sentiment On Driverless Cars

DETROIT (AP) — It was the crash the auto industry knew was coming but still feared. The death of a driver who was using Tesla Motors’ semi-autonomous mode could add to the public’s apprehension of driverless cars even before they reach the road in big numbers. Most major automakers and technology companies, including Google and Uber, are working on fully autonomous cars, and have worried that a highly publicized crash could hurt those efforts. Joshua D. Brown, 40, of Canton, Ohio, died in the accident May 7 in Williston, Florida. According to a Tesla statement issued Thursday, the cameras...

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Brexit Could Make Europe Less Friendly To US Tech

SAN FRANCISCO (AP) — Silicon Valley’s biggest businesses could face tougher regulations following Britain’s decision to withdraw from the European Union, and some might have to leave London to attract the best employees. Many U.S. tech companies now count on Europe for a quarter or more of their business. Beyond facing a financial downturn as the pound’s value erodes, these companies might find Europe a more challenging environment in which to do business. It could take a year or two before the picture becomes clear. For now, what’s certain is the U.K.’s exit will be complex and unprecedented, with...

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SpaceX chief Elon Musk predicts people on Mars in 9 years

RANCHOS PALOS VERDES, Calif. (AP) — SpaceX CEO Elon Musk says if things go according to plan people will be on Mars just nine years from now. During an interview Wednesday at the Code Conference in southern California, Musk said that “we should be able to launch people in 2024, with arrival in 2025.” Musk also says he plans to go to space himself in about four to five years, but only into orbit around Earth. Musk also runs Tesla Motors, which has been at the forefront of self-driving car technology. He says he sees Apple as more of...

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Yahoo CEO could get $55M in severance pay in potential sale

SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company’s auction of its Internet operations culminates in a sale that ousts her from her job. The payout disclosed in a regulatory filing Friday consists of cash, stock awards and other benefits that Mayer would get should she be forced out as CEO within a year after a sale. Although Yahoo’s board is still evaluating takeover offers, most investors are betting that the company will decide to sell its well-known brand and an Internet business that includes a popular email...

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Comcast customers will no longer need cable box with upcoming apps

NEW YORK (AP) — Comcast says later this year you won’t need a cable box to watch cable as the company follows its rivals in offering TV-watching apps. The announcement has interesting timing. It comes as the federal government works on new rules that would force the TV industry to let tech companies — say, TiVo or Google — sell cable boxes, too. Consumers typically pay cable companies extra fees for these boxes, and the cable industry is opposed to the effort. The industry says apps that companies are rolling out show that the Federal Communications Commission doesn’t need...

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APNewsBreak: Video shows Google self-driving car hit bus

LOS ANGELES (AP) — Newly released video shows the moment a Google self-driving car learned the hard way not to tussle with a public bus. The collision happened on Valentine’s Day, when a Google vehicle struck the side of a public bus in the Silicon Valley city of Mountain View. Footage recorded by cameras on the bus shows a Lexus SUV, which Google has outfitted with sensors and cameras that let it drive itself, edging into the path of the bus that was rolling by at about 15 mph. It was the first time in several years of testing...

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Alphabet comes before Apple as world’s most valuable company

  SAN FRANCISCO (AP) — Alphabet now comes before Apple atop the list of the world’s most valuable companies. Shares of Google’s parent company are pulling ahead of Apple in early trading Tuesday. Alphabet Inc. first took the top spot during Monday’s extended session following strong fourth-quarter earnings. Apple Inc.’s iPhone, meanwhile, is suffering its first downturn since it debuted eight years ago. In the first regular hours of trading, Alphabet shares rose about 4 percent to push the company’s market capitalization to about $539 billion. Apple, with investors uneasy about iPhone sales, lost about 1 percent, dropping its...

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Google’s appeal rejected by French Data Privacy Regulator

PARIS (AP) — France’s data privacy regulator rejected Google’s appeal of an order to remove search results worldwide upon request, saying Monday that companies that operate in Europe need to abide by the prevailing laws. The agency known as CNIL denied that it was trying to apply French law on the “right to be forgotten” globally, as Google had accused the watchdog of doing. Its latest order came in response to the May 2014 ruling from Europe’s highest court that people have the right to control what appears when their name is searched online. It is up to the...

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