Technology News


TomTom earnings beat expectations on digital mapping sales

TomTom , the Dutch navigation company, said third-quarter earnings beat expectations, helped by sales of higher margin digital mapping products.


OnDeck launches new subsidiary to partner with banks

OnDeck Capital Inc has set up a subsidiary that will provide technology and other services to banks looking to lend to small businesses online, it said on Tuesday.


Google latest to withdraw from Saudi conference

Alphabet Inc’s Google on Monday became the latest company to drop out of a business conference in Saudi Arabia.


Microsoft co-founder Paul Allen dies of cancer complications at 65

Microsoft Corp co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to start what became the world’s biggest software company, died on Monday at the age of 65, his family said.


U.S. consumers need more control over social media data: lawmaker

U.S. consumers should be able to easily move data like photographs and contacts from one social media application to another, potentially opening up a path for new tech entrants to compete with companies like Facebook, a lawmaker set to take a lead on antitrust issues said.


Cloud software firm Twilio to buy SendGrid in $2 billion deal

Cloud technology company Twilio Inc said on Monday it would buy email technology firm SendGrid Inc in an all-stock deal valued at about $2 billion, combining two firms that handle communications between apps and their users.