Latest Technology News

FILE - In this Dec. 16, 2019, file photo, Disney CEO Robert Iger arrives at the world premiere of

Disney CEO Bob Iger steps down in surprise announcement

Feb. 25, 2020 5:36 PM EST

NEW YORK (AP) — Disney CEO Bob Iger, who steered the absorption of Star Wars, Marvel and Fox's entertainment businesses and the launch of a Netflix challenger, is stepping down immediately, the company said in a surprise announcement Tuesday. The Walt Disney Co. named as his replacement Bob Chapek, most...

FILE - In this Feb. 24, 2020, file photo specialist Erica Fredrickson works with a colleague on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Feb. 25. (AP Photo/Richard Drew, File)

Stocks sink, bonds soar on fears virus will stunt economy

Feb. 25, 2020 5:32 PM EST

Stocksfell sharplyagain on Wall Street Tuesday, piling on losses a day after the market's biggest drop in two years as fears spread that the growing virus outbreak will put the brakes on the global economy. Nervous investors snapped up low-risk U.S. government bonds, sending the yield on the 10-year Treasury note...

Omaha school to become hub of counterterrorism research

Feb. 25, 2020 5:07 PM EST

OMAHA, Neb. (AP) — The University of Nebraska at Omaha has been chosen to lead a team of universities and other partners in studying counterterrorism and terrorism prevention, federal officials said. The U.S. Department of Homeland Security's Science and Technology Directorate announced Monday that the...

Indiana Senate endorses ban on drivers using handheld phones

Feb. 25, 2020 5:04 PM EST

INDIANAPOLIS (AP) — A proposal that would ban motorists from using handheld cellphones on Indiana roads appears on its way to becoming law. The Indiana Senate voted 43-4 Tuesday in favor of the bill that supporters say is aimed at making roadways safer by combating distracted driving. House members...

Jury convicts ex-Microsoft worker in digital currency scheme

Feb. 25, 2020 4:46 PM EST

SEATTLE (AP) — A jury on Tuesday convicted a former Microsoft worker of wire fraud and other charges in what prosecutors described as a scheme to steal $10 million in digital currency. The U.S. Attorney’s Office in Seattle said 25-year-old Ukrainian citizen Volodymyr Kvashuk helped test...

Intuit, Moderna rise; Mastercard, Shake Shack fall

Feb. 25, 2020 4:21 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Tuesday: Home Depot Inc., down $2.32 to $237.38. The home improvement retailer reported surprisingly good financial results and raised its dividend. MasterCard Inc., down $21.78 to $302.89. The payment processor warned it faces lower...

The Walt Disney Co. names Bob Chapek CEO, replacing Bob Iger, effective immediately.

Feb. 25, 2020 4:10 PM EST
BURBANK, Calif. (AP) — The Walt Disney Co. names Bob Chapek CEO, replacing Bob Iger, effective immediately.
FILE - In this April 30, 2019 file photo, an employee walks past a logo of the Samsung Electronics Co. at its office in Seoul, South Korea.  Samsung said Tuesday, Feb. 25, 2020,  that a “technical error” displayed customers' personal information on its website to other customers.  The technology company said the error was only on its samsung.com/UK website and affected fewer than 150 customers.  People who logged on to its site were able to see someone else's name, phone number, address, email address and previous orders. Samsung said it did not leak card details. (AP Photo/Ahn Young-joon, File)

Samsung says it leaked data on handful of UK customers

Feb. 25, 2020 4:03 PM EST

Samsung said Tuesday that a “technical error” caused its website to display other customers' personal information. The technology company said the error affected only its U.K. website at http://samsung.com/UK and affected fewer than 150 customers. People who logged on were able to see someone...

FILE - In this March 23, 2018, file photo provided by KTVU, emergency personnel work a the scene where a Tesla electric SUV crashed into a barrier on U.S. Highway 101 in Mountain View, Calif.  The National Transportation Safety Board says the driver of a Tesla SUV who died in a Silicon Valley crash two years ago was playing a video game on his smartphone at the time. Chairman Robert Sumwalt said at the start of a hearing Tuesday, Feb. 25, 2020 that partially automated driving systems like Tesla's Autopilot cannot drive themselves. Yet he says drivers continue to use them without paying attention. (KTVU-TV via AP, File)

NTSB: Driver in fatal Tesla crash was playing video game

Feb. 25, 2020 3:59 PM EST

WASHINGTON (AP) — The National Transportation Safety Board says the driver of a Tesla SUV who died in a Silicon Valley crash two years ago was playing a video game on his smartphone while his vehicle was being controlled by a partially automated driving system. Chairman Robert Sumwalt said at the start of...

FILE - In this Oct. 9, 2019, file photo, surfer Kelly Slater is surrounded by fans after he leaves his footprint cement slab at Anglet Surf Avenue, in Anglet, southwestern France. Kelly Slater is planning to build the world's largest man-made wave in the desert. Plans for Coral Mountain will feature the largest, rideable, open-barrel human-made wave in the world with technology from Kelly Slater Wave Company, a division of the World Surf League. The wave basin will be part of a 400-acre site in La Quinta, California, set at the base of Coral Mountain. (AP Photo/Bob Edme, File)

Slater to build world's largest man-made wave in the desert

Feb. 25, 2020 3:27 PM EST

Kelly Slater is planning to build the world's largest man-made wave in the desert. Plans for Coral Mountain, announced on Tuesday, feature the largest rideable open-barrel human-made wave in the world with technology from Kelly Slater Wave Company, a division of the World Surf League. The 11-time world champion...