Category: Biz Tech

AT&T Chairman and CEO Michael Armstrong (L) shakes hands withComcast Chairman Ralph Roberts (C) and his son, Comcast President Brian Roberts, before a press conference to announce the merger of AT&T Broadband with Comcast, in New York, in this file photo taken December 20,

A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/Files SAN FRANCISCO The Chinese hacking group suspected of stealing sensitive information about millions of current and former U.S. government employees has a different mission and organizational structure than the military hackers who have been accused of other U.S. data breaches, according to people familiar with the matter.While the Chinese People's Liberation Army typically goes after defense and trade secrets, this hacking group

The Twitter logo is shown at its corporate headquarters in San Francisco, California April 28, 2015. Reuters/Robert GalbraithSAN FRANCISCO Twitter Inc (TWTR.N) will start curating tweets on live events, the microblogging service said, as it plans major changes to make its real-time news feed more user friendly.Dubbed Project Lightning, the changes will let users follow events instead of just people, and instantly upload photos and videos that can be shared across websites, social news and entertainment website Buzzfeed reported on Thursday.A

San Francisco Nearly 20 percent of Apple Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too, giving the tech giant a profitable second dip into customers' wallets, according to data provided exclusively to Reuters.The data from Slice Intelligence, a research firm that mines e-mail receipts, offers a rare window into the money-making potential of Apple's first brand-new product under CEO Tim Cook.The ever-secretive company has yet to

MUMBAI India's oldest and most distinguished IT firms are doing what would have been almost sacrilegious a few years ago - holding coding marathons to develop innovative fixes and deploying "commando" units to resolve clients' IT woes within hours.Infosys (INFY.NS), Wipro (WIPR.NS) and other Indian IT giants, which rose to prominence during the outsourcing boom in the 1990s and 2000s, have struggled to keep pace with mushrooming start-ups. The rate of revenue growth has more than halved since 2011-12,

File photo of Stephen Elop introducing the Nokia Lumia 930 mobile phone during Microsoft's ''build'' conference in San Francisco, California April 2, 2014. Reuters/Robert Galbraith/Files SEATTLE Stephen Elop, the former top boss at phone-maker Nokia, is one of four high-level executives leaving Microsoft Corp as the company sharpens its focus on software services and the cloud, Chief Executive Satya Nadella announced on Wednesday.The departure of Elop, whose Devices group will be rolled into Microsoft's Windows unit, signals a shift of emphasis

LOS ANGELES Virtual reality gaming, once a distant concept, became the new battleground at this year's E3 industry convention, with developers seeking to win over fans with their immersive headsets and accessories.Microsoft, Sony and virtual reality company Oculus are squaring off at the June 16-18 Electronic Entertainment Expo (E3) in Los Angeles, promoting their virtual reality accessories.Dan Ackerman, a senior editor at online technology and consumer electronics review site CNET, said he believed the future for virtual reality -- once

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The Twitter logo is shown at its corporate headquarters in San Francisco, California April 28, 2015. Reuters/Robert Galbraith/Files SAN FRANCISCO Twitter Inc's (TWTR.N) next chief executive officer faces a crucial challenge as the company seeks to appease Wall Street after this week's management shakeup - helping disaffected advertisers connect with users.And many advertisers, analysts and investors say Twitter already has the right person for the job: not interim CEO Jack Dorsey but Adam Bain, the company's president and head of revenue,

BRASILIA/SAO PAULO The United States and Russia are competing for a strategic role in Brazil's plan to launch commercial satellites from its base near the equator, opening up a new theater in their rivalry for allies and influence.Brazil's government expects to choose a partner to help provide technology in the coming months, three sources with knowledge of the deliberations told Reuters.Brazil partnered with Ukraine over the past decade to develop a launch vehicle at the Alcantara base on its

An Apple logo is seen in front of an Apple Store as a customer waits to enter, in Berlin April 10, 2015. Reuters/Stefanie Loos/FilesREUTERS - Apple Inc(AAPL.O) said it would pay more than 70 percent revenue from music subscriptions to music owners.In the United States, Apple will pay music owners 71.5 percent revenue from its $9.99 per month music streaming service, Apple said. The number will average around 73 percent overseas.Technology website Re/code first reported the news on Monday. (on.recode.net/1MEqI7D)Apple Music,

A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. Reuters/Kacper Pempel/FilesWASHINGTON China-linked hackers appear to have gained access to sensitive background information submitted by U.S. intelligence and military personnel for security clearances that could potentially expose them to blackmail, the Associated Press reported on Friday.In a report citing several U.S. officials, the news agencysaid data on nearly all of the millions of U.S. security-clearance holders, including the Central Intelligence Agency, National Security Agency

A logo is pictured at Google's European Engineering Center in Zurich April16, 2015.Reuters/Arnd Wiegmann Google Inc (GOOGL.O) said on Friday that it is launching a live streaming gaming service called "YouTube Gaming", creating a rival to Amazon.com Inc's (AMZN.O) Twitch service. The service, to be available in the form of an app as well as a website, will focus exclusively on gamers and gaming. More than 25,000 games will each have their own page on the site, bringing videos and live streams about

A logo is pictured at Google's European Engineering Center in Zurich April16, 2015. Reuters/Arnd WiegmannGoogle Inc (GOOGL.O) said on Friday that it is launching a live streaming gaming service called "YouTube Gaming", creating a rival to Amazon.com Inc's (AMZN.O) Twitch service.The service, to be available in the form of an app as well as a website, will focus exclusively on gamers and gaming.More than 25,000 games will each have their own page on the site, bringing videos and live streams about

Some things can't be summed up in 140 characters.Twitter Inc's (TWTR.N) announcement that Dick Costolo would exit as CEO on July 1 was long on plaudits but offered few clues on how the company will tackle its biggest problem: user growth.Twitter' shares were down 0.6 percent in early afternoon trading on Friday, after rising much as 3.9 percent just after the opening, as investors assessed the company's prospects.Analysts said Twitter has an uncertain future unless it can reverse slowing

A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai, March 4, 2015. Reuters/Shailesh Andrade/Files MUMBAI Regulators hope plans for a new bourse with less stringent listing requirements will lure a stream of startups in the country's burgeoning technology industry, looking for a platform to raise capital for expansion.The eased rules, marking a change for India's traditionally cautious regulator, are due to be announced in their final form this

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NEW YORK Twitter Inc (TWTR.N) CEO Dick Costolo is stepping down, under pressure from investors frustrated by the Internet company's slow growth and seemingly constant shake-ups in its upper ranks.Costolo will be replaced by co-founder Jack Dorsey on an interim basis.The company's shares rose 7.7 percent to $38.60 in after-market trading."Unfortunately this news isn't surprising," said Nate Elliott of management consultant Forrester Research. "The bottom line is that Twitter isn't very good right now at serving either its users or

A motorcyclist rides past the entrance of the headquarters of Hon Hai, which is also known by its trading name Foxconn, in Tucheng, New Taipei city, December 24, 2013. Reuters/Pichi Chuang/Files MUMBAI Foxconn Technology is in talks to manufacture Apple's(AAPL.O) iPhone in India, government officials said, in a move that could lower prices in the world's No.3 smartphone market where the U.S. firm trails Samsung Electronics and local players.India could help Foxconn mitigate accelerating wage inflation in China, where it makes

Researchers work at a laboratory at a genomics organization in Tianjin, China, April 2, 2014. Reuters/Stringer SHANGHAI/LONDON Years of pouring money into its laboratories, wooing scientists home from overseas and urging researchers to publish and patent is starting to give China a competitive edge in biotechnology, a strategic field it sees as ripe for "indigenous innovation."The vast resources China can throw at research and development - overall funding more than quadrupled to $191 billion in 2005-13 and the Thousand Talents Program

A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic NEW YORK Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.While Facebook (FB.O) has reported regional growth in percentage terms, this is the first time

Chinese inventor of the e-cigarette Hon Lik poses for a photograph in central London, Britain June 9, 2015. Reuters/Stefan Wermuth LONDON Before Hon Lik invented the e-cigarette, a device now shaking up the Big Tobacco industry, he was a pharmacist in China struggling to quit a two-to-three pack a day smoking habit.Once in 2002, Hon forgot to remove a nicotine patch from his stomach before bed and had nightmares all night. He traced it to the continuous dose of nicotine and

An illustration picture shows a projection of binary code on a man holding a laptop computer, in an office in Warsaw June 24, 2013. Reuters/Kacper Pempel/FilesWASHINGTON The chairman of the U.S. House Homeland Security Committee said on Sunday the Chinese government was likely to have been behind the recent breach of U.S. government computers, which may have compromised the personal data of 4 million current and former federal employees.The U.S. government last week said it was still investigating the source of

Plastic caution tape marks a small construction area on the exterior of the U.S. Internal Revenue Service (IRS) building in Washington May 27, 2015. Reuters/Jonathan Ernst WASHINGTON A massive breach of U.S. federal computer networks disclosed this week is the latest in a flood of attacks by suspected Chinese hackers aimed at grabbing personal data, industrial secrets and weapons plans from government and private computers.The Obama administration on Thursday disclosed the breach of computer systems at the Office of Personnel Management

The Apple logo is seen at the flagship Apple retail store in San Francisco, California April 27, 2015. Reuters/Robert Galbraith/FilesApple is planning to introduce its mobile payment system, Apple Pay, to Britain this summer, The Telegraph reported on Saturday, citing industry sources.Apple is expected to make the announcement on Monday in San Francisco at its annual conference for developers, the paper said.It quoted the sources as saying the company had been in talks with banks and retailers about the project since

WASHINGTON Data stolen from U.S. government computers by suspected Chinese hackers included security clearance information and background checks dating back three decades, U.S. officials said on Friday, underlining the scope of one of the largest known cyber attacks on federal networks.The breach of computer systems of the Office of Personnel Management was disclosed on Thursday by the Obama administration, which said records of up to 4 million current and former federal employees may have been compromised.Accusations by U.S. government

An illustration picture shows a projection of binary code on a man holding a laptop computer, in an office in Warsaw June 24, 2013. Reuters/Kacper Pempel/Files SINGAPORE Whoever was behind the latest theft of personal data from U.S. government computers, they appear to be following a new trend set by cybercriminals: targeting increasingly valuable medical records and personnel files.This data, experts say, is worth a lot more to cybercriminals than, say, credit card information. And the Office of Personnel Management (OPM)

Customer Hajime Shimada uses his newly purchased Apple Watch in front of Dover Street Market Ginza in Tokyo April 24, 2015. Reuters/Issei Kato NEW YORK When Maximo Cavazzani, creator of the popular mobile game Trivia Crack, learned about Apple Inc's (AAPL.O) plan for a new smart watch, it seemed like a logical step to adapt his game for the new product. But the little watch had some big limitations.The tiny screen and compact processor required simpler animation, which meant scaling back

The logo of Alibaba Group is seen inside the company's headquarters in Hangzhou, Zhejiang province early November 11, 2014. Reuters/Aly Song/FilesBEIJING/SHANGHAI Chinese e-commerce company Alibaba Group Holding Ltd will invest in financial media outlet China Business Network in a deal set to be announced on Thursday, Chinese media reported on Wednesday.The investment in China Business Network, part of Shanghai Media Group (SMG), will be worth more than 1 billion yuan ($161 million), said Sina.com, Sohu.com and QQ.com, citing unnamed sources familiar

A girl lies in a hammock at a slum area in New Delhi April 12, 2015. Reuters/Adnan Abidi/Files NEW DELHI (Thomson Reuters Foundation) - The government has launched a "Lost and Found" website to help families trace the tens of thousands of children in the country who go missing every year - often abducted for forced labour or sexual exploitation - and are never found.The "Khoya Paya", or "Lost and Found", website khoyapaya.gov.in was launched by Minister for Women and Child

U.S. President Barack Obama speaks during a town hall meeting with Young Southeast Asian Leaders Initiative Fellows (YSEALI) at the White House in Washington June 1, 2015. Reuters/Kevin Lamarque WASHINGTON President Barack Obama signed into law on Tuesday legislation passed by Congress earlier in the day reforming a government surveillance program that swept up millions of Americans' telephone records.Reversing security policy in place since shortly after the Sept. 11, 2001 attacks, the bill ends a system exposed by former National Security

An employee answers phone calls at the switchboard of the Google office in Zurich August 18, 2009. Reuters/Christian HartmannGoogle Inc (GOOGL.O) said 21 percent of tech hires last year were women, boosting overall number of women in technical roles by 1 percent, as part of efforts to increase diversity.The company recently began disclosing the makeup of its workforce after admitting that it was "wrong, and that it's time to be candid about the issues."The technology industry has long been plagued not

Intel Corp (INTC.O) agreed to buy Altera Corp (ALTR.O) for $16.7 billion as the world's biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres.By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used, among other things, to speed up Web-searches.Intel said on Monday it would offer $54 per share for San Jose,

Toichiro Mizushima (L), president of the Japan Pension Service, bows as he offers an apology during a news conference in Tokyo, in this photo taken by Kyodo June 1, 2015. Reuters/KyodoTOKYO Japan's pension system has been hacked and more than a million cases of personal data leaked, authorities said on Monday, in an embarrassment that revived memories of a scandal that helped topple Prime Minister Shinzo Abe in his first term in office.Japan Pension Service staff computers were improperly accessed by