Category: Biz Tech

Monsoon covers entire India ahead of schedule - weather office  Full Article  Bad weather, rugged terrain caused U.S. chopper crash in Nepal - army  Full Article  Union Bank of India gets shareholders' nod to raise $581 million.  Full Article  Lankan great Sangakkara to quit during India series.  Full Article  Batting powerplays gone from ODIs in bonus for bowlers  Full Article  Bill Cosby's lawyer says revealing court documents would cause "embarrassment".  Full Article  Obama delivers 'Amazing Grace' at funeral of slain pastor  Full Article  Download the Reuters app from Google Play and select the India

A Google self-driving vehicle is parked at the Computer History Museum after a presentation in Mountain View, California May 13, 2014. Reuters/Stephen Lam/Files REUTERS - Delphi Automotive PLC on Friday offered a new description of an encounter on a California road between one of its prototype self-driving cars and a self-driving vehicle operated by Google Inc, saying "the vehicles didn't even come close to each other." The description differed from Delphi's original account on Thursday, when a company official told Reuters that a

A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. Reuters/Dado Ruvic SAN FRANCISCO Facebook Inc (FB.O) released new diversity data Friday that showed the number of women and minorities has remained little changed over the past year. The number of women increased only 1 percentage point, from 31 percent to 32 percent. The number of black people, Hispanics and people of two or more races remained unchanged at 2 percent,

Sunil Bharti Mittal, chairman of Bharti Enterprises, speaks during the India Economic Summit 2014 at the World Economic Forum in New Delhi November 6, 2014. Reuters/Anindito Mukherjee/Files MUMBAI/CAPE CANAVERAL Privately owned OneWeb announced what it called the world's largest commercial rocket deal on Thursday after raising $500 million from a group of global investors to support its plans to bring broadband to billions of people via satellite. The fund-raising attracted backing from Richard Branson's Virgin Group and Europe’s Airbus Group (AIR.PA), which

The Apple logo is seen at the flagship Apple retail store in San Francisco, California April 27, 2015. Reuters/Robert Galbraith Apple Inc (AAPL.O) has removed several civil war games featuring Confederate flags from its App Store, some game developers said. The flags and other symbols of the Confederacy have been at the centre of debate since a 21-year-old gunman, accused of killing nine black worshippers in last week's South Carolina church shooting, posed with the flag in photos posted online. South Carolina Governor Nikki

A Google self-driving vehicle is parked at the Computer History Museum after a presentation in Mountain View, California May 13, 2014. Reuters/Stephen Lam SAN FRANCISCO Google Inc (GOOGL.O) said on Thursday it had started testing the latest prototypes of its self-driving cars on Mountain View, California roads, with safety drivers aboard. The prototypes will join Google's Lexus cars, which use the same self-driving software, the company said in a blog post on Thursday. (bit.ly/1GKVqur). Google's self-driving Lexus RX450h sport utility vehicles have been

A logo is pictured at Google's European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann BRUSSELS Getty Images [GETTY.UL] has become the latest company to take its grievances with Google (GOOGL.O) to EU antitrust regulators as it accused the world's most popular Internet search engine of favouring its own images service at the expense of rivals. The complaint comes as the European Commission waits for Google to respond to charges of abusing its market power in a dozen EU countries since 2007

A BlackBerry Passport smartphone is shown at its official launching event in Toronto, September 24, 2014. Reuters/Aaron Harris/Files WATERLOO, Ontario BlackBerry (BB.TO) shares fell on Tuesday as doubts surfaced about the sustainability of the sharp growth the former smartphone pioneer reported in crucial software revenues, an area BlackBerry's CEO said he will augment via acquisitions. The company's shares were down 3.5 percent in afternoon trading. They had risen 8 percent before the market opened after BlackBerry reported first-quarter results that showed a

A logo is pictured at Google's European Engineering Center in Zurich April16, 2015. Reuters/Arnd Wiegmann/Files SAN FRANCISCO Google Inc launched a free version of its music streaming service on Tuesday, as it sought to upstage the debut of Apple Inc's rival service next week. Google Play Music has offered a $9.99 per month subscription service for two years but Tuesday's launch is the first free version of the streaming service. It is available online and will be available on Android and iOS

WASHINGTONSurging investment by Chinese companies in U.S. research labs is yielding a fast-growing trove of patents, part of a push to mine America for ideas to help China shift from being the world's factory floor to a driver of innovation. Largely absent from American research hubs a decade ago, Chinese firms including Huawei Technologies and ZTE Corp are now using U.S. researchers to create patents ranging from new software to internet infrastructure, according to an analysis of Thomson Reuters' global

A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. Reuters/Edgar Su/Files SINGAPORE Security researchers have many names for the hacking group that is one of the suspects for the cyberattack on the U.S. government's Office of Personnel Management: PinkPanther, KungFu Kittens, Group 72 and, most famously, Deep Panda.     But to Jared Myers and colleagues at cybersecurity company RSA, it is called Shell Crew, and

Guards stand near an entrance to Alibaba's headquarters in Hangzhou, Zhejiang province, China, May 18, 2015. Reuters/John Ruwitch/Files BEIJING China will increase support for cross-border e-commerce as the world's second-largest economy shifts from manufacturing to higher-value services, the government said. China's e-commerce industry has been booming in recent years, with companies like Alibaba Group Holding Ltd and JD.com Inc benefiting from a rising middle class with more disposable income. The government released policy guidelines on Saturday that include tax policies aimed at boosting domestic

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 Galbraith SAN 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

Kashmir killings raise fears of new bloodletting.  Full Article  India’s patent regime should not change – Cipla CEO.  Full Article  India raises duties on some steel products to counter Chinese imports.  Full Article  Bandhan, India's newest bank, to launch operations in August.  Full Article  Greenpeace India admits failures after staff claims of rape, sexual harassment.  Full Article  Hong Kong debates election reform plan with veto likely.  Full Article  Swiss FIFA inquiry investigates 53 suspicious bank transactions.  Full Article  Virtual reality dominates floor at E3 gaming show.  Full Article  Download the Reuters app from Google Play and

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/Files REUTERS - 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/Files WASHINGTON 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 agency said 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

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

iPhone maker Foxconn in talks to build first Apple plant in India.  Full Article  Mercedes opens Indian factory to cut costs and boost sales.  Full Article  India scraps import duties on AIDS drugs to battle shortage.  Full Article  Myanmar rejects claims Indian forces cross border in pursuit of rebels.  Full Article  U.S. testing Nestle's Maggi noodles after India recall.  Full Article  Film lifts lid on "corrective rape" in families of gays in India.  Full Article  China jails former security chief for life after secret trial.  Full Article  Actor Christopher Lee dies aged 93.  

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/Files WASHINGTON 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