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- By Carla Mozee, MarketWatch Eurozone PMI slows in June, but logs quarterly growth Equities in Europe lost ground on Friday, as energy shares extended losses in what's been a dreadful week...
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Technology News  

Founder of Russian messaging app defies official ultimatum
From Associated Press
June 23, 2017 9:32 AM EST

MOSCOW (AP) — The founder of a Russian encrypted messaging app is defying the government's request to provide information about his company.

TOKYO (AP) — Money-losing Japanese electronics and nuclear company Toshiba Corp. has until Aug. 10 to get auditors to sign off on its earnings statements, or else it faces the risk of getting delisted.

BEIJING (AP) — Three popular Chinese internet services have been ordered to stop streaming video after censors complained it contained improper comments on sensitive issues.

SAN FRANCISCO (AP) — Uber acknowledged hiring a former Google engineer — now accused of stealing self-driving car technology — despite having received warnings that he was still carrying around some of his former employer's property.

BANGKOK (AP) — The text-messaging service Line plans to inaugurate an indoor digital theme park in Thailand's capital, seeking to squeeze maximum advantage from its popularity in the country, its second biggest market after Japan.

SAN FRANCISCO (AP) — At Facebook, mere "sharing" is getting old. Finding deeper meaning in online communities is the next big thing.

NEW YORK (AP) — Seeing Whole Foods products first in Amazon searches? Breezing through the grocer's stores with an app that scans affordable fruits and seafood? Those are among the possible scenarios that unnerved the food industry last week, when Amazon announced a $13.7 billion megadeal to acquire Whole Foods.

LOS ANGELES (AP) — The only tremors from a reported major earthquake off the California coast came on the internet. Seismologists said Wednesday's automatically generated report of a magnitude 6.8 quake in the Pacific Ocean 10 miles west of Santa Barbara was a false alarm based on a quake that happened in the same area nearly a century ago.

DETROIT (AP) — Uber seeks a strong manager who can repair a broken image, juggle multiple lawsuits and government investigations, develop and nurture a new corporate culture and lead a successful IPO.

DETROIT (AP) — Under Travis Kalanick's leadership, Uber's "Animal House"-style business plan was to grow as quickly as possible, steamrolling regulators while flouting the rules of workplace conduct.

THE HAGUE, Netherlands (AP) — A telecom company in the Netherlands has developed a bicycle lock that also blocks its mobile network, in a move aimed at protecting young riders who regularly pedal through busy streets while looking at their phone.

As part of its mission to attract younger fans, the International Olympic Committee announced a sponsorship deal Wednesday with Intel, which will bring virtual reality and 360-degree viewing to mobile devices and TVs as soon as next year's Winter Games.

NEW YORK (AP) — People have used crowdfunding sites to raise money for business ideas, help afford medical emergencies and even to pay for vacations.

PARIS (AP) — There are flying cars and Concorde's would-be supersonic successor, a company offering to deliver cargo to the Moon — for a mere $1.2 million per kilogram — and the latest in funky futuristic aviation ideas, both big and small.

MOSCOW (AP) — The leaders of Russia and Brazil have agreed to enhance coordination of their foreign policy moves. Russian President Vladimir Putin and his Brazilian counterpart Michel Temer signed a statement on "strengthening a strategic dialogue on foreign policy issues" following talks at the Kremlin on Wednesday.

TOKYO (AP) — Toshiba Corp. has chosen a U.S.-Japan consortium as the preferred bidder in the sale of its lucrative memory chip business.

NEW YORK (AP) — Apple is seeking to void some of Qualcomm's patent claims and licensing agreements, intensifying its legal battle with the chip maker over the technology in iPhones and iPads.

SAN FRANCISCO (AP) — Uber is enabling passengers to tip its U.S. drivers with a tap on its ride-hailing app for the first time, part of a push to recast itself as a company with a conscience and a heart.

NEW YORK (AP) — Amazon is hoping to claim more territory once held by department stores, essentially placing a dressing room in your house.

SAN FRANCISCO (AP) — Google is trying to turn its search engine into an employment engine. Beginning Tuesday, job hunters will be able to go to Google and see help-wanted listings that its search engine collects across the internet.

WASHINGTON (AP) — The White House on Monday urged technology CEOs to pitch in on President Donald Trump's effort to modernize government.

LAS VEGAS (AP) — Few college-bound kids lose their shot, and their slot, at their dream school once they get in, but it happened at one of the world's most elite institutions and for a reason that has, until recently, hardly registered in the university admissions process: social media.

NEW YORK (AP) — Whole Foods CEO John Mackey says the deal to be acquired by Amazon was the result of a "whirlwind courtship." Mackey made the remarks during a town hall with Whole Foods employees after the $13.7 billion deal was announced late last week, according to a transcript of the talk filed Monday with the Securities and Exchange Commission.

NEW YORK (AP) — Even before Amazon said it was buying Whole Foods, the grocery industry was scrambling to adapt to changing habits.

SAN FRANCISCO (AP) — Google is promising to be more vigilant about preventing terrorist propaganda and other extremist videos from appearing on its YouTube site amid intensifying criticism about the internet's role in mass violence.