Technology - Business news

Tim Armstrong reinvents a flagging AOL

In 2009, when Tim Armstrong took over as chief executive of AOL Inc., he faced a daunting task: Turn around a company that had gone from an Internet pioneer to near obsolescence in less than a decade.

dateMay 19, 2015 in Business
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Chinese banks a haven for web counterfeits

Kim Sbarcea knew exactly what she wanted. She typed "Tiffany Elsa Peretti mesh earrings" into Google and scrolled through impeccable photos of the delicate $450 diamond-shaped earrings until she chanced upon ...

dateMay 08, 2015 in Business
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Yik Yak's frat-bro founders shrug off growing pains

The most popular post of all time on Yik Yak is a dirty joke. Less than 2 years old, the Atlanta-based social network is geared mostly toward college students who access and post unsigned announcements through an app on their ...

dateMay 25, 2015 in Business
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Uber drivers fined in Hungary

The Hungarian tax authority fined Uber drivers in its first probe against the ride-sharing service which the economy ministry said Saturday "ignores passenger safety" and must be made to follow regulations.

dateMay 24, 2015 in Business
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Bayer says bottom line down in Q1

German chemicals and pharmaceuticals giant Bayer, maker of Aspirin, said Thursday that net profits were down in the first three months, but it nevertheless raised its full-year forecasts due to the positive effects of the ...

dateApr 30, 2015 in Business
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