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Reuters

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Cybersecurity concerns in China trigger software frenzy

Cybersecurity concerns in China trigger software frenzy

Written by on May 6, 2015 in News with 0 Comments

BEIJING (Reuters) – Zhang Long made his fortune selling Pu’er fermented tea and handcrafted furniture from the mountains of his native Yunnan Province in southwest China. Last November, the 49-year old entrepreneur, who has no technology background, strode into a Beijing ballroom to pitch his latest made-in-China product: SPGnux, a Linux-based operating system he says […]

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Salesforce shares jump on report of Microsoft evaluating bid

Salesforce shares jump on report of Microsoft evaluating bid

Written by on May 6, 2015 in News with 0 Comments

(Reuters) – Shares of Salesforce.com Inc jumped as much as 6.4 percent on Tuesday after a Bloomberg report that Microsoft Corp was evaluating a bid for the cloud software provider. Salesforce shares rose from $71.4 to $75.82 in about a minute late Tuesday afternoon, after which trading was temporarily halted. The stock closed 1.6 percent […]

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Murdoch wins Sky-Skype name battle with Microsoft

Written by on May 6, 2015 in Snippets with 0 Comments

LUXEMBOURG (Reuters) – In a clash of corporate titans over naming rights in a fast-changing industry, Microsoft and its Skype phone service came out on the losing side of an EU court battle on Tuesday with Rupert Murdoch’s television business Sky. Judges at the General Court of the European Union in Luxembourg upheld a complaint […]

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EU to probe big technology companies in digital market overhaul

EU to probe big technology companies in digital market overhaul

Written by on May 6, 2015 in News with 0 Comments

BRUSSELS (Reuters) – The European Union will announce a wide-ranging probe on Wednesday into how big technology companies such as Google, Amazon and Facebook use their market power as it considers whether to regulate them more tightly. The inquiry, which by its nature will inevitably focus heavily on U.S. firms, follows calls from France and […]

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Price pressure punishes T-Mobile Austria

Price pressure punishes T-Mobile Austria

Written by on May 5, 2015 in News with 0 Comments

VIENNA (Reuters) – The chief executive of Deutsche Telekom unit T-Mobile Austria sees price pressure increasing from so-called Mobile Virtual Network Operators’ (MVNOs) piggy-backing on bigger providers’ infrastructure, he said on Tuesday. “It’s a question of intensified competition which increased in Austria in the last few weeks… from all sides,” CEO Andreas Bierwirth told reporters. […]

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TomTom aims to be a main provider of tech for self-driving cars

TomTom aims to be a main provider of tech for self-driving cars

Written by on May 5, 2015 in News with 0 Comments

AMSTERDAM (Reuters) – Dutch navigation company TomTom aims to become a main provider of technology for self-driving cars as it charts its way back to success after seven lean years, chief executive Harold Goddijn said. Goddijn told Reuters that an overhaul of TomTom’s digital mapping architecture lies behind a renaissance that has seen its automotive […]

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Germany’s BND accused of spying on European firms for USA

Germany’s BND accused of spying on European firms for USA

Written by on May 4, 2015 in News with 0 Comments

BERLIN (Reuters) – Germany’s top public prosecutor will look into accusations that the country’s BND foreign intelligence agency violated laws by helping the United States spy on officials and firms in Europe, including Airbus group, the federal prosecutors office said. A spokesman for the prosecutors office confirmed weekend media reports that an investigation had been […]

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LinkedIn gives investors in social media stocks another shock

LinkedIn gives investors in social media stocks another shock

Written by on May 4, 2015 in News with 0 Comments

(Reuters) – Another day, another shock for investors in social media stocks. Shares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year forecast. LinkedIn reported on Thursday its slowest […]

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India lures talent back home with perks

India lures talent back home with perks

Written by on May 4, 2015 in News with 0 Comments

MUMBAI (Reuters) – After losing top engineering talent for years to America’s tech heartland of Silicon Valley, India is luring them back as an e-commerce boom sparks a thriving start-up culture, unprecedented pay, and perks including free healthcare for in-laws. India’s IT industry has long been seen as a back-office backwater, even by its own […]

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Forget ‘wearables’ – the next big thing is ‘disappearables’

Forget ‘wearables’ – the next big thing is ‘disappearables’

Written by on April 30, 2015 in Features with 0 Comments

(Reuters) – Forget ‘wearables’, and even ‘hearables’. The next big thing in mobile devices: ‘disappearables’. Even as the new Apple Watch piques consumer interest in wrist-worn devices, the pace of innovation and the tumbling cost, and size, of components will make wearables smaller – so small, some in the industry say, that no one will […]

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