| | Dorsey's Square jumps in market debut, offering hope to tech startups | | (Reuters) - Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc Chief Executive Jack Dorsey, soared as much as 64 percent in their market debut, following a marked-down initial public offering, countering the negative sentiment that has nagged at Silicon Valley startups in recent weeks. | | | | FAA task force to recommend drone registry | | WASHINGTON (Reuters) - A Federal Aviation Administration task force will submit recommendations for registering drone operators on Saturday, setting the stage for regulators next month to propose regulations intended to help reverse a surge in rogue drone flights. | | | | Snapchat's lackluster ad business threatens $16 billion valuation | | SAN FRANCISCO (Reuters) - Snapchat, maker of a free mobile app that lets users send videos and messages that disappear in seconds, is struggling to gain traction with advertisers, fuelling investor concern that its $16 billion valuation isn't justified by a business that hasn't yet shown it has a steady source of income. | | Pericom shareholders approve Diodes bid | | (Reuters) - Chipmaker Pericom Semiconductor Corp shareholders approved Diodes Inc's $413 million bid, rejecting Chinese company Montage Technology's higher offer. | | | | Intel warns that U.S. regulation could drive drone R&D overseas | | WASHINGTON (Reuters) - Intel Corp could relocate its drone research and development operations overseas if the federal government adopts an "overly prescriptive" approach to unmanned aerial systems technology, an Intel executive told U.S. lawmakers on Thursday. | | | | Tech group rejects post-Paris call for data encryption 'backdoors' | | WASHINGTON (Reuters) - A leading U.S.-based technology industry group on Thursday, in its first statement since last week's Paris attacks, rejected calls to give U.S. law enforcement authorities backdoor keys to let them circumvent encryption technology for cellphones. | | | | | | | | Related Video | | | | | | | | | Mediafile | | | | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | A quick-fix on the day's news delivered when you want it. Register Today | | | | » » MORE NEWSLETTERS | | |
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