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June 21- Intel Corp Chief Executive Brian Krzanich resigned on Thursday after an investigation found he had a consensual relationship with an employee in breach of company policy. The head of the largest U.S. chipmaker is the latest in a line of men in business and politics to lose their jobs or resign over relationships viewed as inappropriate, a phenomenon...
June 21- Intel Corp Chief Executive Brian Krzanich resigned on Thursday after a probe found a consensual relationship with an employee violated company policy. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a permanent CEO, including internal and external candidates. Krzanich, who did not have an...
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June 21- Intel Corp Chief Executive Brian Krzanich resigned on Thursday after a probe found a consensual relationship with an employee violated company policy. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a permanent CEO, including internal and external candidates. Of that, $31 million is in the form of...
June 21- Intel Corp Chief Executive Brian Krzanich resigned on Thursday after a probe found a consensual relationship with an employee violated company policy. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a permanent CEO, including internal and external candidates. Of that, $31 million is in the form of...
PG&E said it is facing more than 200 lawsuits and expects more. One of the law firms suing the utility has hired celebrity activist Erin Brockovich, whose legal fight against PG&E over water issues was portrayed in a 2000 movie starring Julia Roberts. Prosecutors also are investigating whether PG&E should be charged with any crimes if it is found to have failed...
June 21- PG&E Corp will record $2.5 billion in pre-tax expenses in the second quarter related to wildfires in California, the electric utility said on Thursday, two weeks after state officials blamed its power lines for sparking the fires. Shares of California's biggest utility- which have fallen more than 40 percent since the fires broke in October- climbed 2...
June 21- Intel Corp Chief Executive Brian Krzanich resigned on Thursday after a probe found a consensual relationship with an employee violated company policy. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a permanent CEO, including internal and external candidates. Krzanich, 58, an engineer and Intel...
WASHINGTON, June 20- Some Republican and Democratic U.S. lawmakers asked Alphabet Inc's Google on Wednesday to reconsider its work with Chinese telecommunications firm Huawei Technologies Co Ltd, which they described as a security threat. In a letter to Google Chief Executive Sundar Pichai, the lawmakers said Google recently decided not to renew "Project...
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*Loonie touches its weakest since June 22, 2017 at C $1.3321. TORONTO, June 20- The Canadian dollar weakened for a fifth straight day against its U.S. counterpart on Wednesday to hit a near one-year low as comments by Canada's foreign minister revealed no breakthrough in talks to revamp the NAFTA trade pact. Canadian Foreign Minister Chrystia Freeland...
SAN FRANCISCO, June 20- Facebook Inc-owned social network Instagram launched a mobile app on Wednesday dedicated to user-generated videos up to an hour long, intensifying the competition for consumers' time among ad-supported streaming services such as YouTube. "Teens are now watching 40 percent less TV than they did five years ago," Instagram Chief Executive...
SACRAMENTO, Calif.— California legislation that was billed as one of the nation's most aggressive efforts to revive net neutrality was watered down during a tense legislative hearing Wednesday, leading the author to repudiate what he called a "mutilated" bill. "California is the progressive bastion for the country right now. "If California passes a weak,...
SAN FRANCISCO— A Northern California landlord has been charged with trying to kill a tenant in the third such violent incident between renters and property owners in recent weeks in a region mired in an affordable housing crisis. The Alameda County district attorney's office charged Herman Levi Little, 75, with attempted murder last week for allegedly...
SAN FRANCISCO, June 20- Facebook Inc-owned social network Instagram said on Wednesday it was adding a section dedicated to long-form video, expanding beyond its photo-sharing app roots in a competition among streaming services for consumers' time. Instagram Chief Executive Kevin Systrom said at an event in San Francisco that the section would be called IGTV...
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Instagram Chief Executive Kevin Systrom said at an event in San Francisco that the section would be called IGTV and feature videos from rising internet celebrities and artists.
SAN FRANCISCO— Facebook's Instagram service is loosening its restraints on video in an attempt to lure younger viewers away from YouTube when they're looking for something to watch on their smartphones. The expansion announced Wednesday, dubbed IGTV, will increase Instagram's video time limit from one minute to 10 minutes for most users.
SAN FRANCISCO, June 20- Tesla Inc has sued a former employee claiming that he hacked the electric carmaker's trade secrets and transferred large amounts of company data to third parties, according to a lawsuit filed in federal court in Nevada on Wednesday. In its lawsuit Tesla claimed that Martin Tripp, who formerly worked at the Tesla Gigafactory in Nevada, had...
SHANGHAI, June 20- Investment from China in the United States slumped in the first five months of the year as Washington intensified its scrutiny of Chinese projects and Beijing pressured big-spending firms to sell assets as part of its campaign to reduce debt risks. According to data compiled by the New York- based Rhodium Group, Chinese net direct investment...
Trump administration officials have been sending babies and other young children forcibly separated from their parents at the U.S.-Mexico border to at least three "tender age" shelters in South Texas, The Associated Press has learned.
Verizon is pledging to stop selling information on phone owners' locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy, The Associated Press has learned. Verizon said that about 75 companies have been obtaining its customer data from two little-known California- based brokers that Verizon...
