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Sep 8, 2014

Tinder, former marketing executive settle sexual harassment case

SAN FRANCISCO, Sept 8 (Reuters) – A former executive who
accused popular dating-app company Tinder of sexual harassment
and discrimination has settled her lawsuit with the startup,
ending a dispute that cast a spotlight over the treatment of
women in the technology industry.

Lawyers for the plaintiff, former marketing vice president
Whitney Wolfe, said on Monday the lawsuit had been resolved but
did not provide details.

Sep 3, 2014

Apple says its systems not to blame for celebrity photo breach

SAN FRANCISCO, Sept 2 (Reuters) – The week before a crucial
launch of its new iPhone, Apple Inc said intimate
photos of celebrities including Oscar-winner Jennifer Lawrence
were leaked online through the apparent hacking of individual
iCloud accounts.

Apple rushed to restore confidence in its systems’ security,
saying the celebrity photo scandal that also ensnared swimsuit
model Kate Upton, actress Kirsten Dunst and possibly dozens more
was the result of targeted attacks on accounts storing personal
data and not a direct breach of Apple systems.

Sep 3, 2014

Celebrity hacking clouds Apple’s upcoming product launch

SAN FRANCISCO (Reuters) – Apple Inc has often displayed uncanny timing, with its well-orchestrated end-of-year iPhone releases. But the leak of racy celebrity photos in the past few days put the company in the unusual position of having to mend its image just days before a highly anticipated Sept. 9 product launch.

Nude photos of Hollywood celebrities, including Oscar-winning actress Jennifer Lawrence, posted on Internet forums by unknown hackers has sparked condemnation from stars and their publicists, and prompted an investigation by the Federal Bureau of Investigation.

Sep 2, 2014

Apple says celebrity photo breach targeted, not due to its systems

SAN FRANCISCO (Reuters) – Apple Inc said on Tuesday the online posting of intimate photos of Hollywood celebrities were targeted attacks on their iCloud accounts and that none of the cases it investigated had resulted from a direct breach of its systems.

Apple’s response came after the photos of Oscar-winning actress Jennifer Lawrence and other female entertainers emerged over the Labor Day Weekend. The technology company said it is working with law enforcement and continues to investigate the source of the attacks.

Aug 23, 2014

Obama tech policy maven moves to Silicon Valley role

/SAN FRANCISCO (Reuters) – Todd Park, President Barack Obama’s chief technology officer who played a role in fixing the flawed Healthcare.gov website, is moving to a new job recruiting top Silicon Valley talent to government, a source familiar with the situation said on Friday.

Park, a successful tech entrepreneur who became a top adviser to Obama, will move to the West Coast at the end of the month as part of a White House team, the source said on condition of anonymity because it has not been made public.

Aug 22, 2014

Tech chief behind Healthcare.gov leaves White House: source

/SAN FRANCISCO (Reuters) – The U.S. chief technology officer at the time of the troubled rollout of Healthcare.gov is stepping down and moving into a new role recruiting top Silicon Valley talent to government, a source familiar with the situation said on Friday.

Todd Park, a successful tech entrepreneur who became a top adviser to President Barack Obama, will move to the West Coast at the end of the month as part of a White House team, the source said on condition of anonymity because it has not been made public.

Aug 20, 2014

Hewlett-Packard posts surprise revenue gain after PC sales spike

SAN FRANCISCO, Aug 20 (Reuters) – Hewlett-Packard Co
posted a surprise increase in quarterly revenue after sales from
its personal computer division climbed 12 percent, but a flat to
declining performance from its other units underscored the
company’s uphill battle to revive growth.

HP sales rose a mere 1 percent to $27.6 billion in its
fiscal third quarter from $27.2 billion a year earlier. Wall
Street analysts, on average, had forecast a modest drop in
revenue to $27.01 billion.

Aug 19, 2014

Former Obama campaign manager to run Uber’s political strategy

SAN FRANCISCO (Reuters) – Uber has enlisted David Plouffe, President Barack Obama’s 2008 campaign manager, to devise and run its global political and branding strategy, as the fast-expanding car rides-on-demand startup runs into stiff resistance in some cities.

The San Francisco-based company, which is waging an intense campaign against taxi drivers who fear encroachment on their turf, said in a blog post on Tuesday that Plouffe will begin in late September as senior vice president of policy and strategy.

Jul 30, 2014

Twitter assuages growth concerns for now as shares soar 35 percent

SAN FRANCISCO (Reuters) – Twitter Inc (TWTR.N: Quote, Profile, Research, Stock Buzz) halted a slowdown in user-growth in the second quarter with the help of product tweaks and services built around the summer’s World Cup, assuaging concerns for now that the online messaging service had peaked.

Shares of the company soared 35 percent on Tuesday after it reported monthly active users had risen a better-than-expected 24 percent, chalking up what would be its largest gain in a single day and adding almost $7 billion to its market value.

Jul 29, 2014

Twitter’s user growth beats targets, shares skyrocket

SAN FRANCISCO (Reuters) – Twitter Inc’s (TWTR.N: Quote, Profile, Research, Stock Buzz) monthly active users rose a better-than-expected 24 percent in the second quarter as the online messaging service mostly succeeded in stemming a dwindling pace of growth, sending its shares soaring almost 30 percent.

Twitter, which has battled to reverse a steady decline in its once-heady pace of user growth, saw users increase to 271 million, still dwarfed by rival Facebook Inc’s (FB.O: Quote, Profile, Research, Stock Buzz) 1.3 billion. Wall Street analysts had been expecting a pace of growth closer to 21 percent.

    • About Edwin

      "Based in Los Angeles, I oversee company news coverage of much of the U.S. West Coast, including such corporations as Apple, Google and Microsoft. Previously, I was bureau chief for Hong Kong and Shanghai and oversaw coverage for all corporations in China and Hong Kong."
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