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  • Final decisions are not imminent in the efforts to find successors to Philadelphia Fed President Charles Plosser, who steps down March 1, and Richard Fisher of the Dallas Fed, who retires on March 19. James McAndrews, who heads up research at the neighboring New York Fed, was considered for the job in Philadelphia, where he once worked. Regular golfing partners,...

  • SAN FRANCISCO— Uber Technologies says that if you catch a ride with one of its drivers, your personal and financial data are safe— from Uber itself. The ride-booking company on Friday used a blog post to release the results of what it described as a thorough outside examination of its privacy and personal data policies. While popular with users and investors, the...

  • Uber probed by U.S. judge on driver benefits Friday, 30 Jan 2015 | 7:19 PM ET

    SAN FRANCISCO, Jan 30- A U.S. judge appeared skeptical on Friday about Uber's bid for a quick pretrial ruling that its drivers are contractors and not employees, a critical question facing Silicon Valley's sharing economy. App-based ride service Uber, and smaller rival Lyft, face separate lawsuits seeking class action status in San Francisco federal court,...

  • IBM boss gets bonus despite company's woes Friday, 30 Jan 2015 | 6:34 PM ET

    SAN FRANCISCO— IBM boss Virginia Rometty will get a $3.6 million bonus for her performance last year, even though the company's sales and profits declined in 2014.. Rometty and other top executives did not take bonuses for 2013, after IBM turned in disappointing results for that year. IBM is also raising her target bonus to $5 million for 2015. In addition, the...

  • SAN FRANCISCO, Jan 30- Ride service Uber, which is trying to enhance its image after several controversies, on Friday released the findings of a report on its handling of passenger data and said it would act on all the report's recommendations for improvements. Management at the San Francisco- based company, which announced the report's findings in a blog post,...

  • SANTA URSULA, Mexico— People in the hamlet of Santa Ursula began to worry when the logging started. In Santa Ursula, some 1.5 miles away, the ground shook and cracks formed in homes, some residents say. "For us, the arroyo is life," said Federico Cohetero, a farmer in Santa Ursula, a hamlet in Oaxaca state six hours southeast of Mexico City.

  • How can Google snap its stock out of its stupor? Friday, 30 Jan 2015 | 3:05 AM ET

    SAN FRANCISCO— Google has turned into a stock market laggard as the shift to mobile devices has lowered the Internet search leader's digital ad prices and the company's expensive investments in far-out technology has trimmed its profit margins. Those factors have left some investors wondering what Google might do to boost its stock price, especially after...

  • China's new tech rules play to local firms' strengths Thursday, 29 Jan 2015 | 11:59 PM ET

    BEIJING/ SAN FRANCISCO, Jan 30- Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups. Western companies say the rules have not yet been...

  • NEW YORK, Jan 29- Alibaba Group's surprise revenue miss sent shares plunging on Thursday, but some investors say their enthusiasm for the Chinese e-commerce giant has not cooled given its long-term potential. Alibaba shares fell 8.8 percent on Thursday to close at $89.81, sending the stock below its Sept. 19 first-day opening price of $92.70, after reporting...

  • India woman sues Uber after reporting driver raped her Thursday, 29 Jan 2015 | 5:18 PM ET

    SAN FRANCISCO— A woman who says an Uber driver raped her in New Dehli, India, on Thursday accused the company in a lawsuit filed in U.S. court of failing to properly investigate the alleged assailant's background. The alleged rape last month prompted widespread protests in India against sexual violence and led to demands there for more effort to ensure women's...

  • SAN FRANCISCO, Jan 29- A U.S. judge on Thursday said it was "very difficult" to decide whether drivers for smartphone-enabled car service Lyft are employees or independent contractors, but that California law appears to favor the drivers. Lyft and larger rival Uber face separate lawsuits seeking class action status in San Francisco federal court, brought on...

  • Riverbed tops 4Q profit forecasts Thursday, 29 Jan 2015 | 5:03 PM ET

    SAN FRANCISCO _ Riverbed Technology Inc. on Thursday reported fourth-quarter earnings of $49.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. Analysts expected $287.4 million, according to Zacks.

  • SAN FRANCISCO— Google has gotten into the habit of missing analysts' earnings targets, frustrating investors who believe the online search leader would be more profitable it wasn't pouring so much money into far-flung projects such as Internet-connected eyewear and driverless cars. The latest letdown came Thursday with the release of Google's...

  • SAN FRANCISCO, Jan 29- A passenger who said she had been raped by an Uber driver in India's capital sued the online car service in U.S. federal court on Thursday, claiming the company failed to maintain basic safety procedures. India is Uber's largest market outside the United States by the number of cities covered, and the country's radio taxi market is estimated...

  • SAN FRANCISCO— The FBI has released photos made from surveillance video of three masked thieves stealing historic gold nuggets on display at a San Francisco bank museum after ramming a stolen SUV through its revolving door. San Francisco police say the robbers took up to 10 ounces of gold worth roughly $10,000 early Monday. One of the robbers held a gun to a...

  • Smartphone Snapshot: Samsung getting squeezed Thursday, 29 Jan 2015 | 3:01 PM ET

    SAN FRANCISCO— The runaway success of Apple's newest iPhone has fueled a dramatic shift in the global market: the California tech giant is now neck-and-neck with South Korea's Samsung for the title of world's leading seller of smartphones. Apple set the standard for modern smartphones when it released the first iPhone in 2007, but Samsung has been the market...

  • WASHINGTON, Jan 29- The U.S. Federal Communications Commission raised a record-breaking $44.9 billion in the auction of so-called AWS-3 airwaves that closed on Thursday, far surpassing the expectations of experts and industry analysts. Major bidders included wireless carriers Verizon Communications Inc, AT&T Inc and T-Mobile US Inc as well as satellite TV...

  • NEW YORK— Gap has named Scott Key as senior vice president and general manager of customer experience, as the retailer looks to connect more with its shoppers. The move comes as Art Peck is set to become CEO of Gap in February. The Gap Inc. also announced Thursday that it is eliminating the post of creative director.

  • COLUMN-College is not just for the young Thursday, 29 Jan 2015 | 12:25 PM ET

    DCI is similar to a Harvard University's Advanced Learning Initiative, launched in 2009. Both are one-year programs that focus on elite "C-suite" leaders looking to transform the second half of their careers, and both are expensive. DCI costs $60,000, not including housing; tuition and other costs of the Harvard program are similar. Pizzo, who just turned 70,...

  • Jan 29- Alibaba Group Holding Ltd's quarterly revenue fell short of analysts' expectations, showing signs of a slowdown in the Chinese e-commerce company's scorching growth. Alibaba's shares fell 7 percent in premarket trading on Thursday. Alibaba's second quarterly report card since its record-breaking $25 billion IPO still underscored how it has...