Technology News

If Internet governance ain't broke, don't fix it: U.S.

By Tom Miles GENEVA | Mon Oct 8, 2012 1:52pm EDT GENEVA (Reuters) - The best solution to improving oversight of the Internet may be to do nothing at all, a senior U.S. official said on Monday while briefing reporters on a conference in December that could decide to consolidate control within a U.N. body. Th...

08 Oct 5:52 PM 0 Read More...

Wal-Mart, Amex offer card for lower-income shoppers

By Martinne Geller and David Henry NEW YORK | Mon Oct 8, 2012 1:47pm EDT NEW YORK (Reuters) - Wal-Mart Stores Inc and American Express Co are teaming up to offer a prepaid debit card called Bluebird to target lower-income shoppers who do not have bank accounts. The Bluebird, which can be used anywhere that accepts American Express cards, not just at Walmart, is simi...

08 Oct 5:47 PM 0 Read More...

Lawmakers seek to block China's Huawei, ZTE inroads in U.S.

By Jim Wolf WASHINGTON | Mon Oct 8, 2012 11:47am EDT WASHINGTON (Reuters) - U.S. telecommunications operators should not do business with China's top telecom gear makers because potential Chinese state influence on the companies poses a security threat, the U.S. House of Representatives Intelligence Committee said in a report on Monday. The report follows an 11-mont...

08 Oct 3:47 PM 0 Read More...

Wal-Mart, Amex team up on card for lower-income shoppers

Mon Oct 8, 2012 10:52am EDT (Reuters) - Wal-Mart Stores Inc and American Express Co have teamed up to provide financial services to customers who often do not have traditional bank accounts by offering a prepaid debit card called Bluebird. The Bluebird will allow for deposits by smartphone and mobile bill paying, with no minimum balance or monthly, annual or overdraft fees, the comp...

08 Oct 2:52 PM 0 Read More...

Taiwan's HTC third-quarter net falls 79 percent, lags forecasts

By Clare Jim TAIPEI | Mon Oct 8, 2012 9:39am EDT TAIPEI (Reuters) - Taiwan's HTC Corp, the world's fifth-largest smartphone maker, said its third-quarter net profit fell 79 percent, missing forecasts, as its flagship phones failed to keep pace with Apple Inc's iPhone and Samsung Electronics Co Ltd's Galaxy ...

08 Oct 1:39 PM 0 Read More...

Wal-Mart, Amex launch prepaid card to better serve shoppers

Mon Oct 8, 2012 9:26am EDT (Reuters) - Wal-Mart Stores Inc and American Express Co have teamed up to provide financial services to customers who often do not have traditional bank accounts by offering a prepaid Bluebird card. The Bluebird will allow for deposits by smartphone and mobile bill paying, with no minimum balance or monthly, annual or overdraft fees, the companies said on ...

08 Oct 1:26 PM 0 Read More...

GM to add 1,500 information tech jobs in Michigan

Mon Oct 8, 2012 9:23am EDT (Reuters) - General Motors Co said on Monday it will create 1,500 jobs at a new software development center in Michigan as part of the U.S. automaker's previously announced plan to shift information technology work back into the company. GM said it will hire the software developers, database experts, analysts and other IT positions over the next four years...

08 Oct 1:23 PM 0 Read More...

Progress Software says CEO to resign, may see revenue slippage

Mon Oct 8, 2012 8:57am EDT (Reuters) - Database management software maker Progress Software Corp said it could see some revenue slippage in the current quarter as a result of the resignation of Chief Executive Jay Bhatt, sending its shares down 8 percent in premarket trading. The company had forecast revenue growth of 1 percent to minus 2 percent for the fourth quarter ending Novemb...

08 Oct 12:57 PM 0 Read More...

Polycom seeks edge over rivals with new videoconferencing product

Mon Oct 8, 2012 8:00am EDT (Reuters) - Polycom, which competes with Cisco in videoconferencing, hopes to move ahead of the pack with its new cloud-based product in a market it says will be worth $12 billion by 2015. Videoconferencing is on the brink of widespread adoption as technology moves from expensive and complex boardroom products to technology that allows video communication ...

08 Oct 12:00 PM 0 Read More...

China's Huawei, ZTE should be kept from U.S.: draft Congress report

By Jim Wolf and Lee Chyen Yee WASHINGTON/HONG KONG | Mon Oct 8, 2012 5:22am EDT WASHINGTON/HONG KONG (Reuters) - China's top telecoms gear makers should be shut out of the U.S. market as potential Chinese state influence on them poses a security threat, the U.S. House of Representatives' Intelligence Committee said in a draft of a report to be released on Monday. U....

08 Oct 9:22 AM 0 Read More...