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Reuters

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Softbank shares slide as T-Mobile and Sprint talks stall

Softbank shares slide as T-Mobile and Sprint talks stall

Written by on October 31, 2017 in News with 0 Comments

(Reuters) – SoftBank Group Corp and Deutsche Telekom AG have reached an impasse in their talks to merge Sprint Corp and T-Mobile US Inc, sources said, sending shares in the Japanese Internet giant sliding. At a SoftBank board meeting on Friday, several directors expressed doubts about giving up control of Sprint, people familiar with the […]

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Facebook says 126 million Americans may have seen Russian posts

Facebook says 126 million Americans may have seen Russian posts

Written by on October 31, 2017 in News with 0 Comments

WASHINGTON (Reuters) – Facebook Inc said on Monday that Russia-based operatives published about 80,000 posts on the social network over a two-year period in an effort to sway U.S. politics and that about 126 million Americans may have seen the posts during that time. Facebook’s latest data on the Russia-linked posts – possibly reaching around […]

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Facebook will publish searchable database of adverts in 2018

Facebook will publish searchable database of adverts in 2018

Written by on October 30, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Facebook Inc announced a plan to increase transparency about its role in political advertising on Friday, ahead of congressional hearings next week on social media companies and Russia’s meddling in last year’s U.S. presidential election. Rob Goldman, Facebook’s vice president for ads, said in a blog post that the company would […]

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Telekom CEO puts case for strong third player in US market

Telekom CEO puts case for strong third player in US market

Written by on October 30, 2017 in News with 0 Comments

FRANKFURT (Reuters) – A strong No. 3 player in the U.S. wireless market would enhance competition, the chief of Deutsche Telekom told a German newspaper, as T-Mobile US Inc seeks to merge with Sprint Corp. Chief executive officer Timotheus Hoettges also urged the new German government to think twice before selling down its large stake […]

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Cloud computing is driving huge growth for US tech companies

Cloud computing is driving huge growth for US tech companies

Written by on October 27, 2017 in Features, News with 0 Comments

SAN FRANCISCO (Reuters) – Amazon.com Inc, Microsoft Corp, Alphabet Corp’s Google and Intel Corp are all putting their chips on the cloud computing business, and it is booming. All four companies posted stellar quarterly earnings on Thursday, showing the strength of the shift in corporate computing away from company-owned data centers and to the cloud. […]

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EU starts public consultation on digital giants’ tax bills

EU starts public consultation on digital giants’ tax bills

Written by on October 27, 2017 in News with 0 Comments

BRUSSELS (Reuters) – The EU is asking its citizens to help decide on a fairer tax regime for large digital corporations that may include a tax on their global profits. Firms such as Amazon Google and Facebook have often been accused of paying too little tax within the bloc by establishing their regional headquarters in […]

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Viacom seeks deals with mobile networks to win back viewers

Viacom seeks deals with mobile networks to win back viewers

Written by on October 27, 2017 in News with 0 Comments

NEW YORK (Reuters) – Viacom Inc is trying a new tactic in its multi-front effort to win back younger U.S. viewers ditching expensive cable TV packages: seeking deals directly with mobile phone networks. Media companies and mobile networks are increasingly dependent on each other for content and distribution. AT&T Inc’s pending $85.4 billion purchase of […]

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GE CEO says partnerships central to its digital strategy

GE CEO says partnerships central to its digital strategy

Written by on October 26, 2017 in Features, News with 0 Comments

SAN FRANCISCO (Reuters) – General Electric Co will use more alliances to build its digital-industrial business in coming years, Chief Executive Officer John Flannery said on Wednesday, suggesting the industrial conglomerate will curb spending in that area. GE is investing about $2.1 billion in GE Digital this year, and executives had said that amount would […]

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Trump launches programme to expand drone operations

Trump launches programme to expand drone operations

Written by on October 26, 2017 in News with 0 Comments

WASHINGTON (Reuters) – President Donald Trump launched a program on Wednesday to expand testing of drones to include flights over people, nighttime operations and flights out of sight of the operator, the White House said. The pilot program aims to speed up the integration of unmanned aerial vehicles into the national airspace system and test […]

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Amazon launches Key to allow deliveries while you’re out

Amazon launches Key to allow deliveries while you’re out

Written by on October 26, 2017 in News with 0 Comments

(Reuters) – Amazon.com Inc has plans to drop off packages directly into shoppers’ homes. The world’s largest online retailer on Wednesday announced Amazon Key, a lock and camera system that users control remotely to let delivery associates slip goods into their houses. Customers can create temporary passcodes for friends and other services professionals to enter […]

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