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Apple on Tuesday reported lower earnings in the third-quarter as the global saturation of smartphones continued to put pressure on its core iPhone business. However, officials remained upbeat. The company reported stronger-than-expected metrics and has been able to grow its software and services bus...

Nintendo shares fell sharply in Tokyo on Wednesday, following its release of a Q1 earnings report that disappointed analyst expectations. The company reported a drop of 31 percent in net sales and an operating loss of about $48 million, which it attributed to growing strength in the Japanese yen but...

Polish authorities last week arrested the alleged owner of pirate website KickassTorrents, or KAT, 30-year-old Artem Vauln of Kharkiv, Ukraine. Vaulin faces charges in the United States of conspiracy to commit criminal copyright infringement, criminal copyright infringement and conspiracy to commit ...

Amazon has teamed up with Wells Fargo Educational Financial Services to offer Amazon Prime Students a 0.5 percent discount on private student loan interest rates, Wells Fargo announced last week. Wells Fargo is the largest private student lender in the United States among commercial banks. The Amazo...

Verizon Communications on Monday announced that it had entered into a definitive agreement to acquire Yahoo's operating business for approximately $4.83 billion in cash. The deal, which comes on the heels of Verizon's $4.4 billion AOL purchase last year, will allow it to expand its digital advertis...

Verizon reportedly is close to a deal to buy the core Web assets of Yahoo for $5 billion, which would end a months-long process of jockeying over the future of the struggling company. Verizon emerged as the winner of a lengthy bidding contest to acquire the assets, according to reports that surfaced...

Elon Musk on Wednesday introduced a second master plan for Tesla, a follow-up to the vision he shared 10 years ago. The original master plan is now in the final stages of execution, he said. The refresh sketches out a multiyear, four-pronged strategy that is about more than vehicles. Musk also plans...

Facebook has announced that the number of people using its Messenger app has surpassed 1 billion a month -- a major milestone for what is arguably the most important tool in the company's growth strategy. A growing number of people are using Messenger to communicate with friends, send money, plan ev...

Shares of Netflix fell sharply Tuesday after it reported lower-than-expected Q2 earnings, which the company blamed on subscriber growth that fell short of forecasts. Netflix added 1.7 million subscribers in the quarter, pushing its total membership to more than 83 million, the company told sharehold...

The number of government requests to Google for citizens' personal data rose in the second half of 2015, according to the company's latest Transparency Report, released Monday. The number has been trending upward for the past few years as the number of people connected to the Internet has increased....

Uber just celebrated its two-billionth trip in a 147-way tie, according to CEO Travis Kalanick, who shared the information in a Monday post on Facebook. Each of the drivers and riders who began their trip at 4:16 a.m. GMT on Saturday, June 18, got a $450 gift from Uber -- the number is significant b...

Yahoo on Monday reported second quarter earnings that fell just short of Wall Street estimates but left investors and analysts waiting to hear about progress in finding a strategic investment partner. Negotiations over the potential sale of the company's core assets are under way. The company report...

Softbank Group has agreed to buy British semiconductor maker ARM Holdings for about $31.4 billion in cash, the companies announced Monday. Softbank agreed to pay a hefty premium for ARM, with a price of about $67.28 per ARM share, which is a 42.9 percent premium over the $47.08 closing price as of F...

Valve last week announced it would take action against third-party sites that run illegal gambling operations. A number of gambling sites have been leveraging the Steam gaming platform -- in particular, the Counter-Strike: Global Offensive game -- to create massive operations that convert virtual sk...

Officials at the United States Federal Deposit Insurance Corporation, which insures deposits in U.S. banks, made false statements to Congress and failed to make timely notification of serious cybersecurity breaches, according to a U.S. House of Representatives Committee on Science, Space and Technol...