Latest Information technology News

Lawmakers ask 4 big tech companies for documents in probe

Sep. 13, 2019 5:41 PM EDT

WASHINGTON (AP) — Lawmakers investigating the market dominance of Big Tech on Friday asked Google, Facebook, Amazon and Apple for a broad range of documents, marking a step forward in Congress' bipartisan probe of the companies. Letters went out to the four companies from the leaders of the House Judiciary...

Asian shares gain on fresh optimism over US-China trade

Sep. 13, 2019 12:17 AM EDT

Stocks were broadly higher in Asia on Friday after gains overnight on Wall Street. Investors have stepped up buying on hopes for an easing of tensions in the costly trade war between the U.S. Japan's Nikkei 225 added 1% to 21,982.06 while the Hang Seng in Hong Kong climbed 0.4% to 27,186.35. Sydney's S&P ASX...

Tailored Brands and Oracle tumble while Varian and LKQ rise

Sep. 12, 2019 4:49 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday. Oracle Corp., down $2.40 to $53.89 The software maker's CEO, Mark Hurd, is taking a leave of absence for health related reasons. Tailored Brands Inc., down $2.14 to $5.03 The owner of Men's Wearhouse gave investors a...

Mobile sports betting gets slow start in West Virginia

Sep. 12, 2019 5:20 AM EDT

CHARLESTON, W.Va. (AP) — Early reports from the West Virginia Lottery Commission show a slow start to mobile sports betting in the state, with the apps earning less than 4% of what three on-site sportsbooks garnered. The Charleston Gazette-Mail reports data for the week ending Aug. 31, when two mobile apps...

Court: Amazon owes South Carolina millions in sales taxes

Sep. 11, 2019 12:03 PM EDT

COLUMBIA, S.C. (AP) — A court ruling in South Carolina says online retailer Amazon owes the state likely millions of dollars in sales taxes from other vendors who use the company's website. The South Carolina Administrative Law Court ruled Tuesday that Amazon has the responsibility to collect taxes due...

Apple rolls out new streaming TV service for $5 a month

Sep. 10, 2019 7:37 PM EDT

CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. 1. Walt Disney Co. is launching its own assault on Netflix the same month, for just $7. It...

Apple's new offerings: Cheaper iPhone, streaming TV

Sep. 10, 2019 4:58 PM EDT

CUPERTINO, Calif. (AP) — Apple is dangling deals for its new phones and TV streaming service as it seeks to offset slumping device sales with new services. Here's a look at what Apple unveiled Tuesday at its product event in Cupertino, California. IPHONE 11: An update to last year's iPhone XR, but $50...

The Latest: Analyst calls Apple TV Plus price 'show stopper'

Sep. 10, 2019 3:09 PM EDT

CUPERTINO, Calif. (AP) — The Latest on Apple product event (all times local): noon One analyst says Apple's $5-a-month price for its new Apple TV Plus streaming service is a "shot across the bow" to Netflix and Disney as competition heats up. Apple announced the price and a Nov. 1 launch date at an event...

Big Tech faces a new set of foes: nearly all 50 US states

Sep. 10, 2019 5:03 AM EDT

Big tech companies have long rebuffed attempts by the U.S. federal government to scrutinize or scale back their market power. Now they face a scrappy new coalition as well: prosecutors from nearly all 50 states. In a rare show of bipartisan force, attorneys general from 48 states along with Puerto Rico and the...

States led by Texas target Google in new antitrust probe

Sep. 9, 2019 5:30 PM EDT

WASHINGTON (AP) — Fifty U.S. states and territories, led by Texas, announced an investigation into Google's "potential monopolistic behavior." The Monday announcement closely followed one from a separate group of states Friday that disclosed an investigation into Facebook's market dominance. The two probes...