Technology

FILE - In this April 4, 2013, file photo, Facebook CEO Mark Zuckerberg walks at the company's headquarters in Menlo Park, Calif. Facebook’s plan to create a digital currency used across the world is already raising concern with financial regulators and privacy experts. (AP Photo/Marcio Jose Sanchez, File)
June 18, 2019 - 3:45 pm
SAN FRANCISCO (AP) — Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners. Just hours after the social media giant unveiled early plans for the Libra cryptocurrency, French Finance Minister Bruno Le Maire insisted that only...
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FILE - This Feb 23, 2019, file photo shows the inside of a computer in Jersey City, N.J. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jenny Kane, File)
June 18, 2019 - 1:49 pm
NEW YORK (AP) — MoneyGram's shares more than doubled Tuesday after the money transfer company announced a partnership with the cryptocurrency company Ripple. The companies said late Monday that the two-year deal will allow MoneyGram to use Ripple's blockchain service for cheaper cross-border...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 11:33 am
NEW YORK (AP) — The Latest on Facebook's new digital currency (all times local): 2:30 p.m. One regulatory expert believes Facebook's new currency will "almost surely" fall under new U.S. regulation adopted in the wake of the 2008 financial crisis. Karen Shaw Petrou, managing partner of Federal...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 2:21 am
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more...
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FILE - In this March 14, 2019 file photo, Tesla CEO Elon Musk speaks before unveiling the Model Y at the company's design studio in Hawthorne, Calif. Musk says he’s deleted his Twitter account 10 months after a tweet landed him in trouble with U.S. regulators. Musk changed his Twitter display name to Daddy DotCom on Father’s Day. Daddy.com is an actual website that provides parenting information to new and expecting fathers. (AP Photo/Jae C. Hong, File)
June 17, 2019 - 3:20 pm
SAN FRANCISCO (AP) — Tesla CEO Elon Musk abruptly revealed that he is closing the popular Twitter account that has repeatedly landed him in legal trouble, but then proceeded to keep it open long after announcing he had deleted it. The mixed messaging began to unfold Sunday when Musk changed his...
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Huawei founder Ren Zhengfei speaks at a roundtable at the telecom giant's headquarters in Shenzhen in southern China on Monday, June 17, 2019. Huawei's founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than forecast over the next two years. (AP Photo/Dake Kang)
June 17, 2019 - 8:56 am
SHENZHEN, China (AP) — Huawei's founder said Monday that the Chinese telecom giant's revenue will be $30 billion less than forecast over the next two years, as he compared the company to a "badly damaged plane" as a result of U.S. government actions against it. "We never thought that the U.S.'s...
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June 17, 2019 - 12:01 am
SHENZHEN, China (AP) — Huawei's founder likened his company to a badly damaged plane Monday and said revenues will be $30 billion less than forecast over the next two years. The Chinese telecom giant will reduce capacity but U.S. moves to restrict its business "will not stop us," Ren Zhengfei said...
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June 16, 2019 - 11:59 pm
SHENZHEN, China (AP) — The Latest on China's Huawei (all times local): 2:50 p.m. Huawei's founder says it never occurred to the Chinese technology company that the U.S. government would be so determined to take extreme measures against it. Ren Zhengfei said Monday, "I think both sides will suffer...
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Customers wait on a long check out line at a Target store in San Francisco on Saturday, June 15, 2019. Target suffered a technological glitch that stalled checkout lines at its stores worldwide Saturday, exasperating shoppers and eating into sales at a prime time for retailers. The outage periodically prevented Target's cashiers from scanning merchandise or processing transactions. Self-checkout registers also weren't working at times, causing massive lines in some stores. (AP Photo/Michael Liedtke)
June 15, 2019 - 2:58 pm
SAN FRANCISCO (AP) — A glitch stalled checkout lines at Target stores worldwide Saturday, exasperating shoppers and potentially eating into sales at a prime time for retailers, the day before Father's Day. The roughly two-hour outage periodically prevented Target's cashiers from scanning...
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FILE - In this Nov. 2, 2017, file photo, Broadcom CEO Hock Tan speaks as President Donald Trump listens during an event to announce the company is moving its global headquarters to the United States, in the Oval Office of the White House, in Washington. Broadcom's shares fell on Friday, June 14, 2019, along with those of other chipmakers, after the company lowered revenue guidance for the rest of the year due to trade tensions and a "broad-based" slowdown in general. (AP Photo/Evan Vucci, File)
June 14, 2019 - 8:28 am
NEW YORK (AP) — Broadcom's shares fell on Friday, along with those of other chipmakers, after the company lowered revenue guidance for the rest of the year due to trade tensions and a "broad-based" slowdown in general. Chipmakers, part of the semiconductor industry, make the integrated circuits...
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