News Center
From our press centre we select the top industry news stories from the leading online publications and wire services and bring them straight to you.
HELSINKI (Reuters) – Finland’s Nokia denied reports in Chinese media that it planned to return to manufacturing phones. “Nokia notes recent news reports claiming the company communicated an intention to manufacture consumer handsets out of a R&D facility in China. These reports are false,” Nokia said in a statement posted on its website. “Nokia reiterates […]
LOS ANGELES (Reuters) – Privately held Condé Nast may best be known as the publisher of fashion, culture and lifestyle magazines such as Vogue, Vanity Fair and GQ, but it is hoping to draw new consumers and advertisers through the realm of virtual reality. Condé Nast Entertainment (CNE), the publisher’s film, television and video division, […]
NEW YORK (Reuters) – In a little noticed move, bitcoin exchange itBit has filed for a banking license in New York, according to the state banking authority. Approval for the license may come in the next couple of weeks, people familiar with the matter told Reuters, which could make itBit the first bitcoin company to […]
MUMBAI (Reuters) – China’s smartphone makers are drafting in cricket teams and Bollywood stars to conquer India, their largest overseas market and a key testing ground for their international expansion, as they try to rebrand as more than just sellers of cheap handsets. Xiaomi Technology – the fast-growing No.3 global smartphone maker valued at $45 […]
Africa is ahead of the US in terms of the rate of payments innovation, while Europe is lagging way behind. This is according to the Payments Innovation Jury Report. The study is released every two years and details global trends in payments innovation, and future opportunities and challenges for the industry. The report shows both […]
(Reuters) – Comcast Corp plans to drop its $45 billion (29.88 billion pound) offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter. The cable operator could announce its decision on the merger as soon as Friday, Bloomberg said. […]
NEW YORK (Reuters) – Google Inc on Wednesday launched a new U.S. wireless service that switches between Wi-Fi and cellular networks to curb data use and keep phone bills low. The service, Google’s first entry into the wireless industry, will work only on the company’s Nexus 6 phones and be hosted through Sprint Corp and […]
FRANKFURT (Reuters) – PSA Peugeot Citroen and IBM are working together to hook cars up to the Internet, going beyond mapping and infotainment to link vehicles up to shops, service networks and urban transport grids, the companies said on Wednesday. Financial terms of the new, seven-year partnership were not disclosed. The agreement to develop new […]
NEW YORK (Reuters) – A U.S. jury on Wednesday cleared Chinese telecom equipment maker ZTE Corp of infringing a patent on transmitting data in wireless networks owned by patent licensor InterDigital Inc. The verdict, coming after a two-day trial, followed a first trial between the two companies last October in which ZTE was found by […]
WASHINGTON (Reuters) – The U.S. House of Representatives passed a bill on Wednesday that would make it easier for private companies to share information about cybersecurity threats with each other and the government without fear of lawsuits. The vote was 307-116 in favour of the “Protecting Cyber Networks Act.” There were 202 votes in favour […]
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