Category: Biz Tech

The word 'password' is pictured on a computer screen in this picture illustration taken in Berlin May 21, 2013. Reuters/Pawel Kopczynski/Files WASHINGTON At 3:59 p.m. EDT on Sunday, the National Security Agency and telecommunications companies will begin mothballing a once-secret system that collected Americans' bulk telephone records, shutting down computers and sealing off warehouses of digital data.If the U.S. Congress fails to act, key provisions of the USA Patriot Act will lapse in a watershed moment in the post-Sept. 11, 2001,

Japanese Defense Minister Gen Nakatani (L-R), Japanese Foreign Minister Fumio Kishida, U.S. Secretary of State John Kerry and U.S. Secretary of Defense Ash Carter shake hands following a news conference as part of the U.S.-Japan Security Consultative Committee (2+2) meeting

Intel Corp (INTC.O) has resumed talks to buy programmable-chip maker Altera Corp (ALTR.O) and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year.The price for Altera could be as much as $54 per share, according to one of the people. This would be a 15 percent premium over the stock's Thursday close of $46.97.If the deal were to go through, it would be

Avago Technologies Ltd (AVGO.O) agreed on Thursday to buy Broadcom Corp (BRCM.O) for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players.Avago, which serves the wireless and industrial markets, is offering Broadcom shareholders $17 billion in cash and Avago shares valued at $20 billion.Broadcom is best known for its connectivity chips, which are used widely in smartphones made by Apple Inc (AAPL.O)

A picture illustration shows Apple Inc's logo reflected in a person's eye, in central Bosnian town of Zenica, March 13, 2015. Reuters/Dado Ruvic/Files NEW YORK A federal appeals court on Thursday rejected Apple Inc's bid to disqualify an antitrust compliance monitor appointed after the technology company was found liable for conspiring with five publishers to raise e-book prices.While saying some allegations against the monitor Michael Bromwich "give pause," the 2nd U.S. Circuit Court of Appeals in New York said a lower

A worker adjusts the logo at the stand of Huawei at the CeBIT trade fair in Hanover March 15, 2015. Reuters/Morris Mac Matzen/FilesBANGKOK China's Huawei Technologies, the world's No. 2 telecom equipment maker, expects total shipments of smartphones in southeast Asia to rise 160 percent to 8 million units in 2015, boosted by strong demand in Myanmar, it said on Thursday.In the first quarter, Huawei posted a 120 percent increase in smartphone shipments in the region, one of the most promising

A logo is pictured at Google's European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann WASHINGTON The Obama administration on Tuesday sided against Google Inc (GOOGL.O) and said the U.S. Supreme Court should not hear the company's appeal in a case against Oracle Corp (ORCL.N) with wide implications for the technology industry, according to a court filing.The case involves how much copyright protection should extend to the Java programming language. Oracle won a federal appeals court ruling last year that allows

The Cisco Systems logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. Reuters/Jim Young/Files WASHINGTON The U.S. Supreme Court on Tuesday ruled against Cisco Systems Inc(CSCO.O) over a patent infringement claim the tech giant is fighting.On a 6-2 vote, with Justice Stephen Breyer recused from the case, the court threw out a ruling by the U.S. Court of Appeals for the Federal Circuit in favour of Cisco. There is now

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 GUIYANG, China Taiwan's Foxconn Technology, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020, Chairman Terry Gou said on Tuesday.The company could spend a "few billion dollars" on developing the facilities, said Gou, whose company's listed flagship unit

Shareholders arrive for the Daimler annual shareholder meeting in Berlin April 1, 2015. Reuters/Hannibal Hanschke/FilesFRANKFURT German carmaker Daimler is to make software from web services company Baidu available in its Chinese Mercedes-Benz cars as part of a trend of deepening ties between carmakers and consumer technology companies.Carmakers are seeking to extend information and entertainment services available in vehicles, as well as smartphone compatibility, in an era of increasingly congested traffic.Daimler and Chinese tech giant Baidu announced their tie-up on Monday at

A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. Reuters/Rick Wilking/FilesNEW YORK Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday.The change was made effective May 1, a company spokesman told the Journal. Amazon said it had started preparing to diversify its retail sales structure two years ago, the Journal reported.Amazon did not respond

Guards stand near an entrance to Alibaba's headquarters in Hangzhou, Zhejiang province, China, May 18, 2015. Reuters/John Ruwitch PUTIAN, China Criticised and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source.In the coastal city of Putian, in Fujian province, Alibaba is working with 17 shoe manufacturers to cultivate home-grown brands online, revitalise a flagging industry and

An attendee at the Microsoft Ignite technology conference is seen next to the Microsoft logo in Chicago, Illinois, May 4, 2015. Reuters/Jim Young Microsoft Corp (MSFT.O) and Salesforce.com Inc (CRM.N) held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter.Microsoft was willing to offer about $55 billion for the world's biggest maker of online sales software. Salesforce founder and Chief Executive Marc Benioff had expected as much as $70 billion, CNBC

N.R. Narayana Murthy acknowledges the media in Calcutta August 20, 2002. Reuters/Jayanta Shaw/FilesMUMBAI The Securities and Exchange Board of India (SEBI) has named Infosys founder N.R. Narayana Murthy to head a panel that will devise rules for a new funding platform for homegrown start-ups, the regulator said on its website.In March, SEBI announced an alternative investment platform targeted at the country's booming internet start-ups, relaxing some key requirements to encourage them to list at home.Murthy's Alternative Investment Policy Advisory Committee (AIPAC)

NEW YORK Billionaire activist investor Carl Icahn said Thursday that mutual funds will increasingly realise that being underweight shares of Apple (AAPL.O) will hurt their performance as the technology giant continues to innovate."They are underweight Apple in relation to the index funds, and I think more and more of these funds will realise that's going to hurt their performance in the future as Apple continues to launch new products in new categories and continues to grow earnings," Icahn told

MOSCOW/FRANKFURT Russia's media watchdog has written to Google, Twitter and Facebook warning them against violating Russian Internet laws and a spokesman said on Thursday they risk being blocked if they do not comply with the rules.Roskomnadzor said it had sent letters this week to the three U.S.-based Internet firms asking them to comply with Internet laws which critics of President Vladimir Putin have decried as censorship."In our letters we regularly remind (companies) of the consequences of violating the legislation,"

MUMBAI Indian e-commerce firms are offering funding help and tech support to woo small retailers, emulating a strategy used by Chinese online retail giant Alibaba Group Holding Ltd to expand into the towns and villages home to the majority of consumers.India's biggest e-tailers such as Flipkart, Snapdeal and the local arm of Amazon.com Inc are online marketplaces, with commission from sellers accounting for the bulk of their revenue.This makes tapping the small and medium enterprises vital to India's economic

/Marshall Hargrave/investorsalley.com/The end of Google’s reign as the king of search is near. Competitors are eating away market share and growth is sputtering. Trying to cherry-pick the next winner in search, however, is akin to rolling dice at a casino. All luck. Where investors are going to make their millions is in this red hot sector that is on the vanguard of life-saving technology that will revolutionize medicine as we know it.Since the start of 2014, Google (NASDAQ: GOOGL) hasn’t

Bengaluru/By Vishnu Raja/The on-going brawl over telcos move to charge consumers differently and discriminate in favor of some apps opposed to others, had once existed in the past, but only in a realm of hypothetical discussions. The debate is becoming realistic as people in India begin to realize the importance of net neutrality (NN) and the 'dangers' this may pose to consumers.ISPs, globally, have a track record of such arbitrary actions and conflicting rationale against the spirit of what emerged out of the mere idea of open culture --

By Se Young Lee and Harro Ten Wolde SEOUL/BARCELONA Mon Mar 2, 2015 9:39am IST1 of 5. A hostess displays the Galaxy S6 edge smartphone at the Samsung Galaxy Unpacked event before the Mobile World Congress in Barcelona March 1, 2015. Credit: Reuters/Albert Gea SEOUL/BARCELONA (Reuters) - South Korea's Samsung Electronics Co Ltd unveiled its latest Galaxy S smartphones, featuring a slim body made from aircraft-grade metal, in a bid to reclaim the throne of undisputed global smartphone leader from Apple

By Edward Taylor and Jan Schwartz GENEVA Sun Mar 1, 2015 11:43pm ISTCustomers gather for the opening of an Apple Store in Hangzhou, Zhejiang province, January 24, 2015. Credit: Reuters/Stringer/Files GENEVA (Reuters) - The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car.The world's automakers will gather in the Swiss city to tout their latest minivans, city cars and sport utility vehicles against an uncertain market backdrop, with

BARCELONA Sun Mar 1, 2015 7:06pm ISTA man walks past a logo during the presentation the Huawei's new smartphone, the Ascend P7, launched by China's Huawei Technologies in Paris, May 7, 2014. Credit: Reuters/Philippe Wojazer/FilesRelated TopicsStocks   Images of "Lathmar Holi" at Nandgaon in Uttar Pradesh.  Slideshow BARCELONA (Reuters) - Chinese telecom equipment maker Huawei on Sunday launched its first smartwatch, a round-faced device that works with Android phones, joining a crowded market weeks before the introduction of the highly anticipated Apple

By Aditi Shah NEW DELHI Mon Jan 12, 2015 1:38pm ISTLabourers work at a construction site of a high-rise residential building in central Mumbai August 25, 2014. Credit: Reuters/Danish Siddiqui/Files NEW DELHI (Reuters) - Indian businessman Navin Bhartia's Internet habits make him a dream customer for billionaire foreign media moguls like Rupert Murdoch.The 45-year-old from Kolkata likes to buy homes online, sometimes without visiting them. In the last four years, he has bought five properties for 40 million rupees ($641,900) on Proptiger.com,

By Irene Klotz CAPE CANAVERAL, Fla Sun Jan 11, 2015 8:41am ISTThe unmanned Falcon 9 rocket launched by SpaceX on a cargo resupply service mission to the International Space Station lifts off from the Cape Canaveral Air Force Station in Cape Canaveral, Florida, January 10, 2015. Credit: Reuters/Scott Audette CAPE CANAVERAL, Fla (Reuters) - An unmanned SpaceX rocket blasted off on Saturday to deliver a cargo capsule to the International Space Station, but narrowly failed a novel test to land itself on

By Doina Chiacu WASHINGTON Sat Jan 10, 2015 10:31pm ISTU.S. President Barack Obama speaks about the French hostage situation during his visit to Pellissippi State College in Knoxville, Tennessee, January 9, 2015. Credit: Reuters/Kevin LamarqueRelated TopicsDozens of world leaders lead hundreds of thousands of French citizens in an unprecedented march.   Pics  WASHINGTON (Reuters) - President Barack Obama will highlight plans next week to protect American consumers and businesses from cyber threats, a month after the most high-profile hacking attack on a

By Malathi Nayak LAS VEGAS Mon Jan 5, 2015 11:36am ISTApple CEO Tim Cook speaks about the Apple Watch during an Apple event at the Flint Center in Cupertino, California, September 9, 2014. Credit: Reuters/Stephen Lam/Files LAS VEGAS (Reuters) - Apple’s forthcoming smartwatch poses a conundrum for advertisers: How to tap the enticing possibilities of the tiny gadget without overwhelming consumers with messages.At this week's Consumer Electronics Show in Las Vegas, mobile-marketing firm TapSense plans to release an Apple Watch ad-buying service.

SHANGHAI Sun Jan 4, 2015 7:47pm ISTLei Jun, founder and chief executive officer of China's mobile company Xiaomi Inc, introduces the new features of Xiaomi Phone 4 at its launching ceremony, in Beijing, July 22, 2014. Credit: Reuters/Jason Lee/FilesRelated TopicsStocks   Bollywood actor Deepika Padukone turns 29.  Pics SHANGHAI (Reuters) - Fast-growing Chinese tech firm Xiaomi Technology Ltd Co booked 74.3 billion yuan ($11.97 billion) in pre-tax sales last year, up 135 percent from 2013, the firm's chief executive Lei Jun said

MUMBAI Sat Jan 3, 2015 7:26pm ISTA worker displays a Micromax mobile phone inside a store in Kolkata December 4, 2013. Credit: Reuters/Rupak De Chowdhuri/FilesRelated TopicsStocks   Bollywood actor Deepika Padukone turns 29.  Pics MUMBAI (Reuters) - Micromax Informatics, India's second-largest smartphone maker, plans to raise as much as $500 million through a stock market listing in its financial year beginning in April, the Economic Times newspaper reported on Saturday.Micromax, which entered the Indian handset market in 2008 with cheap large-screen phones,

By Alwyn Scott and Irene Klotz NEW YORK/CAPE CANAVERAL Fla. Sat Nov 1, 2014 6:22am ISTA piece of debris is seen near the scene of the crash of Virgin Galactic's SpaceShipTwo near Cantil, California October 31, 2014. Credit: Reuters/Lucy Nicholson NEW YORK/CAPE CANAVERAL Fla. (Reuters) - The wait for paying passengers to see Earth from the vantage point of space looked a lot longer on Friday, following the fatal crash of Virgin Galactic’s first spaceship, but aspiring space tourists did not appear

BEIJING Fri Oct 31, 2014 2:56pm ISTVisitors use their smarts phones underneath the logo of Tencent at the Global Mobile Internet Conference in Beijing May 6, 2014. Credit: Reuters/Kim Kyung-Hoon/FilesRelated TopicsStocks   Photographs from India which caught our eyes this week  Pics BEIJING (Reuters) - Tencent Holdings Ltd said on Friday it would collaborate with International Business Machines Corp (IBM) on a new cloud software business for corporate customers, a marked departure for one of the dominant forces in China's consumer Internet

|By TAP Staff| Mobogenie , the fastest growing developer of applications for android and mobile devices, announced the launch of a new app development platform named CYMaker at the Global App Summit in Dubai.Mobogenie claims it will open up the world of app development through a simplified, free of cost solution with no limitations, no hidden fees, and no credit card requirement. Visitors to the Global App Summit were given a sneak peak of the upcoming product that will be

Virtual Piggy, a payments technology company and the provider of youth payment technologyOink, has partnered with Funcom. The agreement with the independent developer and publisher of  Massively Multiplayer Online (MMO) games, is to bring control to in-game payments. Oink is a payment technology designed to allow retailers and game publishers to reach under 21 consumers in a legal manner compliant with the FTC and other international regulations. The technology serves as a digital family wallet that is available online or via mobile

BlackBerry Ltd  Chief Executive Officer John Chen said he wants to return to the consumer market someday, though it’s too soon right now.The smartphone maker is focusing on business users, Chen told reporters yesterday at BlackBerry headquarters in Waterloo, Ontario. Already, the new Passport device for professionals has surpassed his expectations, selling 200,000 units since it was unveiled two days ago, according to Chen.“Over time I definitely would like to reach the everyday people, but it’s too early for us

| By Peter Garnry|  What is clear post the Alibaba IPO is that the market is presumably mispricing Yahoo. Basically, it does not make sense if we assume markets are rational. Yahoo closed at $40.93 last Friday but based on a sum-of-the-parts (SOTP) analysis the stock should trade closer to $45.The table below outlines the SOTP analysis behind Yahoo's fair value. The company has $3,408 million in cash and short-term securities. Its Yahoo Japan stake is worth $5,191 million on