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Daily Current Technology News - Reuter's Technology News

 Wed, 24 Sep 2014 04:20:37 GMT

Canadian start-up Bionym raises $14 million in new round of funding
Wed, 24 Sep 2014 04:10:46 GMTTORONTO (Reuters) - Canadian tech start-up Bionym said on Wednesday it has raised $14 million in a new round of funding led by Ignition Partners and Relay Ventures.

Samsung Electronics executive says expect quick mobile business turnaround
Wed, 24 Sep 2014 02:46:07 GMTSEOUL (Reuters) - Samsung Electronics Co Ltd's mobile business will recover quickly due to its strong fundamentals and technological prowess, a senior company executive said on Wednesday.

Verizon hires TAP Advisors to plan sale of assets
Tue, 23 Sep 2014 23:55:47 GMT(Reuters) - Verizon Communications Inc has hired investment bank TAP Advisors LLC to plan a sale of its network's assets including its cell towers, according to a source familiar with the matter.

Oracle's Ellison took smaller pay package in fiscal 2014
Tue, 23 Sep 2014 23:37:24 GMT(Reuters) - Oracle Corp's  Larry Ellison, who is stepping aside as chief executive officer, took less money home in fiscal 2014 that the year before following criticism of his compensation and concerns about the software company's struggles against smaller rivals.

Home Depot data breach triggers fraudulent transactions: WSJ
Tue, 23 Sep 2014 23:06:01 GMT(Reuters) - Data breach at home improvement retailer Home Depot Inc has led to fraudulent transactions across the United States, draining cash from customer bank accounts, the Wall Street Journal said.

ARM Holdings unveils new processor for connected homes, factories
Tue, 23 Sep 2014 23:02:39 GMTSAN FRANCISCO (Reuters) - ARM Holdings unveiled a new chip design on Tuesday suited for factory automation, cars and home security systems, underscoring the company's focus on a growing wave of Internet-connected industrial and household devices.

General Motors appoints its first cybersecurity chief
Tue, 23 Sep 2014 22:47:12 GMTBOSTON/DETROIT (Reuters) - General Motors Co on Tuesday named an engineer to serve as its first cybersecurity chief as the No. 1 U.S. automaker and its rivals come under increasing pressure to better secure their vehicles against hackers.

EU member states agree to deregulate voice markets
Tue, 23 Sep 2014 21:54:32 GMTBRUSSELS (Reuters) - EU regulators are set to remove limits on the prices that leading telecoms firms such as Orange and Telecom Italia can charge smaller operators for accessing their networks, a European Commission source said on Tuesday.

Hemorrhaging talent, Infosys' new CEO allows staff to use Twitter, Facebook
Tue, 23 Sep 2014 21:06:31 GMTMUMBAI (Reuters) - Infosys Ltd's new CEO has come up with a novel approach to reviving the financial fortunes of India's trailblazing outsourcing firm: use Facebook at work, tweet, but get the job done.

Rocket Internet prices shares to value firm around $8 billion
Tue, 23 Sep 2014 20:08:18 GMTBERLIN (Reuters) - Germany's Rocket Internet, a venture capital group that has launched dozens of online start-ups, expects to raise almost double the amount it initially targeted from its initial public offering, pricing shares to value the firm at some $8 billion.

EU's Almunia says may probe Google's non-search services
Tue, 23 Sep 2014 15:32:58 GMTBRUSSELS (Reuters) - Google Inc, the target of an EU antitrust investigation into its internet search engine, may face further scrutiny over its other services following several complaints, Europe's antitrust chief said on Tuesday.

Naver says held back Line IPO to further build business
Tue, 23 Sep 2014 11:56:14 GMTSEOUL (Reuters) - Naver Corp held off on an IPO for its Line Corp unit on the belief that the messaging app operator can command a better valuation by further building its revenue and profit, Naver's chief financial officer told Reuters on Tuesday.

Google to build 600 million euro data center in the Netherlands
Tue, 23 Sep 2014 10:22:26 GMTAMSTERDAM (Reuters) - Google will build a 600 million euro ($773.58 million) data center in the northern Netherlands, the company said on Tuesday.

China regulator says iPhone 6 in final review stages: Tencent
Tue, 23 Sep 2014 10:15:19 GMTBEIJING (Reuters) - Apple Inc's iPhone 6 is in the final stages of review for approval, with results due shortly, a top Chinese government regulator said in an interview published on Tuesday by Tencent.

Microsoft Xbox One set to launch in China on September 29
Tue, 23 Sep 2014 10:10:46 GMTBEIJING (Reuters) - Microsoft Corp has set Sept. 29 as the new launch date for its Xbox One game console in China, the U.S. software giant said on Tuesday, in the first launch since a 14-year ban on sales of foreign games consoles was lifted this year.

Alibaba's Jack Ma rises to top of China rich list as tech tycoons gain
Tue, 23 Sep 2014 07:49:37 GMTBEIJING (Reuters) - Jack Ma, executive chairman of Alibaba Group Holding Ltd , has become China's richest man with a fortune estimated at $25 billion, underscoring the ascension of tech tycoons over real estate peers in the world's second biggest economy.

Apple sells more than 10 million new iPhones in first three days
Tue, 23 Sep 2014 02:21:29 GMT(Reuters) - Apple Inc said it sold more than 10 million iPhones in the first weekend after its new models went on sale on Friday, underscoring strong demand for phones with larger displays.

Facebook to introduce new advertising platform : WSJ
Tue, 23 Sep 2014 00:32:25 GMT(Reuters) - Facebook Inc is set to unveil a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reported on Monday citing people with knowledge of the matter.

ARM CEO defends chip technology connected to Nvidia legal fight
Mon, 22 Sep 2014 23:37:38 GMTSAN JOSE Calif. (Reuters) - ARM Holdings Chief Executive Officer Simon Segars on Monday defended the British chip designer's smartphone graphics technology connected to a patent suit by Nvidia Corp against Samsung Electronics and Qualcomm.




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