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Shareholder revolt over IBM pay plan

Shareholder revolt over IBM pay plan

IBM’s compensation plan for top executives drew record shareholder opposition after the board boosted CEOGinni Rometty’s pay package more than 60% last year. About 46% of the votes cast at the 25 April annual meeting in

Microsoft slips on Surface

Microsoft slips on Surface

Satya Nadella’s plan to reshape Microsoft as a cloud computing company hit a snag in the third quarter, when lacklustre sales of Surface tablets and weaker demand for corporate software support services kept revenue growth in check. Adjusted sales

Google rides mobile ad binge

Google rides mobile ad binge

After struggling for years to wring profit from the mobile boom, Google is benefiting from a surge in clicks on ads on smartphones. Capitalising on consumers’ shift toward handsets and away from

China’s Didi breaks records with $5,5bn funding

China’s Didi breaks records with $5,5bn funding

Ride-hailing giant Didi Chuxing raised more than $5,5bn from investors, scoring the single largest round of funding on record to bankroll an expansion beyond China and into driver-less technology. Didi disclosed the financing in an

Signs of spring at Twitter

Signs of spring at Twitter

Twitter’s road to a turnaround looks like it isn’t quite as rough as expected. The company reported a decline in quarterly revenue for the first time since it went public in 2013, but sales, at $548m, were higher

Why Sergey Brin is building an airship

Why Sergey Brin is building an airship

Larry Page has his flying cars. Sergey Brin shall have an airship. Brin, the Google co-founder, has secretly been building a massive airship inside Hangar 2 at the Nasa Ames Research Centre, according to four people

Google’s self-driving cars to hit the streets

Google’s self-driving cars to hit the streets

After almost a decade of research, Google’s autonomous car project is close to becoming a real service. Now known as Waymo, the Alphabet self-driving car unit is letting residents of Phoenix in the US sign up to use its

Apple is getting serious about AR

Apple is getting serious about AR

Apple has gone to space to find additional talent for its augmented reality efforts. The iPhone maker has hired Jeff Norris, a specialist in the new technology from Nasa, to help build future products, according to

Lyft drivers sue Uber over ‘spyware’

Lyft drivers sue Uber over ‘spyware’

Lyft drivers have accused Uber Technologies of illegally tracking their whereabouts using spyware code-named Hell to gain a competitive edge in the ride-hailing market. Uber engaged in “illegal, surreptitious and

IBM CEO rakes in riches despite firm’s troubles

IBM CEO rakes in riches despite firm’s troubles

When IBM shareholders gather on Tuesday, they’ll be asked to sign off on a $33m pay package for CEO Ginni Rometty. It’s a hefty sum for any CEO, let alone one who’s overseen five years of

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