Tech Biz

Cisco names new CEO

Cisco Systems Inc Chief Executive John Chambers will step down in July after 20 years at the helm of the network equipment maker, a symbol of the stock boom 15 years ago now struggling to boost its bottom line in the era of cloud computing.Full article

Top Stories

Rocket Internet posts 31 pct rise in portfolio value since IPO

As of 05/05/2015 4:03 PM
WALLDORF, Germany - German e-commerce company Rocket Internet on Tuesday reported that the loan portfolio value of its investments has risen by 2.0 billion euros since its initial public offering in October, due in part to its push into online takeaway delivery. Full article

Brazil judge lifts injunction suspending Uber

As of 05/05/2015 9:37 AM
SAO PAULO - A Brazilian judge on Monday struck down an injunction issued last week calling for the suspension of the U.S-based Uber ride-sharing service throughout the country. Full article

SurveyMonkey CEO Goldberg died after hotel gym accident - official

As of 05/05/2015 9:08 AM
(UPDATE) - SurveyMonkey Chief Executive Dave Goldberg died Friday from a head injury while exercising at a resort in Mexico, the local prosecutor's office said Monday. Full article

Why more Americans are streaming away

As of 05/04/2015 4:44 PM
WASHINGTON - Streaming television is now mainstream, although it has not caused many people to "cut the cord" for traditional pay TV. Not yet, anyway. Full article

Facebook launches open platform

As of 05/04/2015 3:59 PM
MUMBAI - Facebook Inc is launching an open platform for online content and application developers to join its service, in a move the social media giant said would boost efforts to get people online in low-income and rural areas in emerging markets. Full article

Globe expands unli data roaming to cover prepaid subscribers

As of 05/04/2015 3:49 PM
Globe Telecom on Monday said it expanded the coverage of its unlimited data roaming service to cover prepaid subscribers. Full article

Xurpas net income hits P59-M in Q1

As of 05/04/2015 10:45 AM
Listed technology firm Xurpas said its net income jumped 27 percent in the first quarter of 2015 to P59.2 million. Full article

Why New York Times is not giving up on print just yet

As of 05/04/2015 9:55 AM
For the New York Times, it will be "All the News That's Fit to Print" - literally - for a while yet. Full article

SurveyMonkey CEO, husband of Facebook's Sandberg, dies

As of 05/04/2015 9:29 AM
SAN FRANCISCO - Dave Goldberg, Chief Executive Officer of SurveyMonkey and husband of Facebook Chief Operating Officer Sheryl Sandberg, died unexpectedly on Friday night, his brother wrote in a Facebook post on Saturday. Full article

US Senate panel raises privacy concerns in White House hacking

As of 05/04/2015 9:29 AM
The U.S. Senate Commerce Committee has written President Barack Obama over concerns that a recently reported data breach on the White House computer system might have compromised the personal information of many Americans. Full article