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When Amazon launched Prime Day six months ago, skeptics came out in force to criticize what they considered Jeff Bezos' desperate ploy to add members to a club that appeared to be peaking in a saturated domestic market. Gimmick or not, Prime Day worked. Amazon sold more than 34.4 million items acros...

Foursquare on Thursday announced that cofounder Dennis Crowley has assumed a new executive role, and that it has raised $45 million in a new round of funding led by Union Square Ventures. Crowley has moved from his perch as CEO into the newly created position of executive chairman, which will let hi...

John Legere, T-Mobile's loquacious CEO, has apologized to the Electronic Frontier Foundation for what he described as a "color commentary" that drew sharp criticism. "I am a vocal, animated and sometimes foul mouthed CEO," Legere wrote in a Monday blog post. "I don't filter myself and you know that ...

New York Attorney General Eric Schneiderman on Thursday announced a deal that would require Uber to encrypt geolocation information about its riders, as well as enhance its data security practices. The AG opened an investigation into Uber in 2014, in response to allegations that the service had trac...

General Motors has agreed to invest $500 million in Lyft, and the companies will work together to develop an integrated network of autonomous vehicles, they said in a joint announcement on Monday. As part of the agreement, GM will become a preferred provider of short-term vehicles to Lyft customers,...

A recent Pew Research Center study found that adoption of traditional high-speed Internet in the U.S. has fallen to 67 percent, the lowest level since 2012. More consumers were using mobile phones, the study found. Thirteen percent of respondents said they were smartphone-only customers, compared wi...

Facebook recently launched a service for members that provides recommendations and ratings on shops and service providers, a move that puts it in direct competition with Yelp. The tool provides star ratings on local service providers, including doctors, veterinarians, event planners, health spas and...

Amazon on Monday reported a record competition-shattering performance during the Christmas holiday, adding more than 3 million Amazon Prime members last week alone. Holiday sales of Prime devices more than doubled last year's record number, the company said. The Prime Now program, which offers free ...

Federal prosecutors in New Jersey on Tuesday charged three men in a $2 million identity theft scheme to hack corporate computer systems and blast spam messages to more than 60 million people. The defendants face up to 20 years in prison and $250,000 in fines on wire fraud charges, and up to five yea...

Two Yahoo investors, acting independently, have publicly called for radical changes or a potential sale of the firm. Both Canyon Capital Advisors and SpringOwl Asset Management apparently were unappeased by last week's announcement that Yahoo would spin off its core Internet business. Canyon Capital...

Alibaba Group last week announced that it has entered an agreement to buy the South China Morning Post and other media assets of SCMP Group. Alibaba, which claims to be the world's largest online and mobile commerce company, said its vision was to provide objective coverage of China to readers aroun...

Walmart on Thursday introduced its own mobile payments solution to let customers make in-store purchases with an Android or iOS smartphone. The move will make it the only retailer to compete with third-party mobile payment systems. Walmart currently is rolling out the feature through its Walmart mob...

Australian police on Wednesday raided the home of a shadowy figure who just hours earlier had been outed as one of the original founders of bitcoin digital currency in two separate media reports. Identified in multiple media reports, Australian entrepreneur Craig Steven Wright was said to be the man...

Sen. Dianne Feinstein, D-Calif., on Tuesday reintroduced a bill that would require technology companies to alert law enforcement of certain activities that might be related to terrorist threats. Cosponsored by Sen. Richard Burr, R-N.C., the Requiring Reporting of Online Terrorist Activity Act would ...

Samsung and Apple last week filed a court document indicating the companies had come to an agreement under which Samsung will pay Apple $548 million toward partial resolution of an epic legal dispute. At the heart of the conflict were Apple's allegations that Samsung effectively had stolen the techn...

Target's website traffic hit a wall when a record number of shoppers showed up in search of Cyber Monday bargains. Having offered a 15 percent discount for any purchase made through the site, Target began to experience problems shortly after 10 a.m. It then placed customers in a virtual queue that e...

A District Court in Stockholm, Sweden, last week ruled against an international group of content providers who sought to force a local ISP to block The Pirate Bay, a file-sharing site, said lawyers for the plaintiffs. The content providers -- including Universal Music, Sony Music, Warner Music, Nord...

Dell earlier this week announced that it was notified of a security flaw linked to a certificate that it installed on computer systems starting on Aug. 18. The eDellroot certificate was installed by Dell Foundation Services application as a means to help users more easily perform maintenance and ser...

The Austrian Supreme Court will consider whether a suit against Facebook Ireland can proceed as a class action. Austrian privacy activist Max Schrems brought the suit to challenge the transfer of private data to Facebook's European subsidiary in Ireland. The Vienna Court of Appeals previously had ru...

Google CEO Sundar Pichai on Thursday announced the appointment of Diane Greene, cofounder of VMWare and a current Google board member, to lead its cloud business operations. Google will acquire Bebop, another firm founded by Greene. Bebop is a new development platform that makes it easy to build and...