Google must scrub search results worldwide when it agrees to requests from users to be “forgotten”, rather than just from European versions of its website, France’s data protection regulator said on Friday. The regulator (CNIL) said in a statement that if Google does not comply within 15 days, it can launch a process leading to sanctions, ramping up pressure on the U.S. giant following a landmark European legal ruling. In
Twitter Inc’s announcement that Dick Costolo would exit as CEO on July 1 was long on plaudits but offered few clues on how the company will tackle its biggest problem: user growth. “Prospective buyers have been interested in purchasing Twitter in the past, and during the interim (CEO) search period we believe the opportunity for acquisition is heightened,” Jefferies analysts wrote in a client note. Twitter’s current market value is
By Euan Rocha TORONTO (Reuters) – BlackBerry is considering equipping an upcoming smartphone with Google Inc.’s Android software for the first time, an acknowledgement that its revamped line of devices has failed to win mass appeal, according to four sources familiar with the matter. The move would be an about-face for the Waterloo, Ontario-based company, which had shunned Android in a bet that its BlackBerry 10 line of phones would
U.S. stocks fell, as equities trimmed a weekly gain, amid concern Greece won’t reach a deal with its creditors as its debt negotiations drag on.
Jack Dorsey, Twitter’s co-founder and incoming interim CEO, said he is committed to maintaining the company’s strategy.
The move to mark-to-market accounting will have no effect on employees’ pension benefits or the funding requirements for any pension plans or cash flows, FedEx said on Friday. “Adopting the mark-to-market approach will align our accounting to provide greater transparency by removing certain legacy pension costs from segment operating results and recognizing them in a year-end adjustment,” Chief Financial Officer Alan Graf said in a statement. FedEx also said its
The University of Michigan’s preliminary June reading on the overall index on consumer sentiment came in at 94.6, up from the final reading of 90.7 the month before. The survey’s gauge of consumer expectations rose to 86.8 from the final May reading of 84.2 and an expected 85.
Professional traders are betting that the wild volatility across many global asset markets will eventually invade the calm enveloping U.S. stocks.
Former International Monetary Fund chief Dominique Strauss-Kahn was cleared of pimping charges on Friday in France, ending four years of legal drama that began with a sexual assault charge in a New York …
Prices at the wholesale level rose at the fastest pace in nearly 3 years in May, pushed higher by a sharp jump in the cost of gasoline and a record increase in the price eggs related to an outbreak of …
