Latest business-technology news and information from the Canadian Press

Canadian Press technology news
  • Apple to unveil next products at Sept. 9 eventApple to unveil next products at Sept. 9 event

    SAN FRANCISCO - Apple's latest product launch will be in a setting that holds a special place in its history, signalling how big this event is for the company.

  • Visual search to shop: gimmick or game changing?Visual search to shop: gimmick or game changing?

    NEW YORK, N.Y. - Imagine using your phone to snap a photo of the cool pair of sunglasses your friend is wearing and instantly receiving a slew of information about the shades along with a link to order them.

  • Apple loses bid to block sales of 9 Samsung phones

    SAN JOSE, Calif. - A federal judge has rejected Apple's attempt to block the sale of several older Samsung smartphones that copied features in the iPhone.

  • Competition creeping in for Bitcoin

    When Jay Su got into cryptocurrency in October last year, he rejected the popular Bitcoin in favour of a lesser-known alternative, Litecoin.

  • Amazon could be ESPN of video games in Twitch deal

    NEW YORK, N.Y. - Amazon is hoping to become the ESPN of video games.

  • LG bets on pricey OLED technology as future of TVs

    SEOUL, South Korea - LG Electronics Inc. announced two new giant OLED TVs with ultra-high definition screens Monday, sticking with its strategy of using the exceptionally expensive OLED display technology.

  • Apple's stock bounces back to hit a new highApple's stock bounces back to hit a new high

    SAN FRANCISCO - Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.

  • Chip maker Infineon to buy California firm for $3B

    FRANKFURT - German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California-based International Rectifier, which produces power-management components used in everything from cars to satellites.

  • HTC makes Windows version of flagship One phone

    NEW YORK, N.Y. - HTC will start making a version of its flagship HTC One phone with Microsoft's Windows software inside.

  • Absolute doubles Q4 earnings to $400K

    VANCOUVER - Absolute Software Corp. (TSX:ABT) reported an increase in both fourth-quarter and full-year profits Monday and raised its quarterly dividend a penny to seven cents per share.

  • Cyber attacks an ongoing threat to business

    TORONTO - More than one-third of Canada's IT professionals know — for sure — that they'd had a significant data breach over the previous 12 months that could put their clients or their organizations at risk, a cybersecurity study suggests.

  • New BlackBerry division to focus on

    WATERLOO, Ont. - BlackBerry Ltd. (NASDAQ:BBRY) (TSX:BB) has created a new business unit that will combine some of its most innovative technology and patent portfolio as the company focuses away from handheld devices.

  • Thinking big before Vancouver tech bubble burstsThinking big before Vancouver tech bubble bursts

    VANCOUVER - The Canadian founders of mobile gaming company A Thinking Ape embarked on a make-it-or-break-it quest to source first-rate tech wizards when they left Silicon Valley in 2010 to put down roots in Vancouver.

  • BlackBerry forms new business unit

    WATERLOO, Ont. - BlackBerry Ltd. (NASDAQ:BBRY) (TSX:BB) has created a new business unit that will combine some of its most innovative technology, including QNX embedded software, Certicom cryptography applications and its patent portfolio.

  • Apple bans use of 2 chemicals in iPhone assembly

    SAN FRANCISCO - Apple is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect the factory workers who build its trendy devices.

  • Cisco to lay off up to 6,000 workers

    NEW YORK, N.Y. - Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 per cent of its workforce, as part of a restructuring.

  • Apple's tech jobs held mostly by white, Asian menApple's tech jobs held mostly by white, Asian men

    SAN FRANCISCO - Apple's high-paying technology jobs are primarily filled by white and Asian men, just like its industry peers.

  • Hacker stole $83K in bitcoins: cyber expertsHacker stole $83K in bitcoins: cyber experts

    A hacker with access to a Canadian Internet provider hijacked net traffic from large foreign networks to steal more than US$83,000 in virtual currency over a four-month period, a cyber security company said Monday.

  • U.S. immigration woes woo Silicon Valley northU.S. immigration woes woo Silicon Valley north

    VANCOUVER - Software engineer Pablo Guana nearly refused a job with Facebook when the company redirected him to Vancouver from Silicon Valley because his United States visa application was rejected.

  • US bots flagged Ebola before outbreak announced

    BOSTON - The Ebola outbreak in West Africa is focusing a spotlight on an online tool run by experts in Boston that flagged a "mystery hemorrhagic fever" in forested areas of southeastern Guinea nine days before the World Health Organization formally announced the epidemic.

  • Hacker took $83K Bitcoins: security firm

    Researchers with a cyber security firm say they have uncovered that a hacker used access to a Canadian Internet provider to hijack large foreign networks, stealing more than US$83,000 in virtual currency.

  • BlackBerry gets key U.S. security clearance

    WATERLOO, Ont. - BlackBerry Ltd. (TSX:BB) says the U.S. Defense Information Systems Agency has approved BES 10 secure work space software for use by government workers on devices that run the Android operating system or Apple's iOS software.

  • Yellow Media reports lower Q2 profits

    MONTREAL - Yellow Media Ltd. (TSX:Y), the publisher of the Yellow Pages directories, reported lower second-quarter results due to declining print revenues.

  • Time Warner 2Q profit rises 11 per cent

    NEW YORK, N.Y. - Time Warner Inc. (TWX) on Wednesday reported net income that increased by 11 per cent in its second quarter, and topped analysts' expectations.

  • AOL 2Q profit drops 1.1 per cent

    NEW YORK, N.Y. - AOL Inc. on Wednesday reported its net income declined by 1.1 per cent in its second quarter, but its adjusted earnings beat analysts' expectations.