Technology News

France's JCDecaux, America Movil create joint venture in Mexico

France's JCDecaux said on Tuesday it will create a joint venture with Mexican telecommunications group America Movil by merging their out of home (OOH) advertising businesses. JCDecaux will hold 60 percent of the new company, JCD Out Of Home Mexico, S.A. de C.V. (JCDecaux MX), with the remaining 40 percent held by a wholly owned subsidiary of America Movil, the French group said in...

27 Jun 5:38 AM 0 Read More...

Exclusive: Ericsson scraps push for new clients beyond telecoms

LONDON/STOCKHOLM Ericsson (ERICb.ST) has ditched its goal of winning more clients beyond the telecoms industry to refocus on selling networks to mobile phone companies in a move to cut costs and halt a dramatic fall in its share price.The Swedish firm's clients in its core business include Vodafone and Verizon but profits have plunged due to competition from Nokia (NOKIA.HE) and China's Huawei [HWT.UL] and as tel...

27 Jun 5:32 AM 0 Read More...

With Alphabet, Google faces a daunting challenge: organizing itself

SAN FRANCISCO Google’s self-professed mission is to organize the world’s information. But a company known for engineering excellence is still trying to solve the very human problem of how to organize itself.Nearly two years ago, Google co-founder Larry Page announced the tech giant would be remade as Alphabet, a holding company whose units would include Google and an array of unrelated pursuits in areas such ...

27 Jun 5:18 AM 0 Read More...

Sprint in exclusive talks with Charter, Comcast on wireless deal: WSJ

Sprint Corp (S.N) is in exclusive talks with Charter Communications Inc (CHTR.O) and Comcast Corp (CMCSA.O) to explore a deal that could boost the cable companies' wireless service, The Wall Street Journal reported, citing people familiar with the matter.Sprint Chairman Masayoshi Son had entered into a two-month, exclusive agreement with the companies for discussions through late-July, holding merger talks with T-...

27 Jun 1:25 AM 0 Read More...

Apple CEO touts India impact in push for deeper market access

Apple CEO Tim Cook on Sunday highlighted the economic impact the company is having on India in a meeting with its prime minister as the iPhone maker seeks deeper access to the world's third-largest smartphone market behind the United States and China.Cook met with Indian Prime Minister Narendra Modi at a business summit in Washington at a time when Apple Inc is targeting the nascent Indian market as a revenue sou...

26 Jun 8:46 PM 0 Read More...

Social media giants step up joint fight against extremist content

BRUSSELS Social media giants Facebook, Google's YouTube, Twitter and Microsoft said on Monday they were forming a global working group to combine their efforts to remove terrorist content from their platforms.Responding to pressure from governments in Europe and the United States after a spate of militant attacks, the companies said they will share technical solutions for removing terrorist content, commission re...

26 Jun 4:33 PM 0 Read More...

Google set to face record EU antitrust fine as soon as Tuesday: sources

PARIS EU antitrust regulators are likely to impose a record fine on Alphabet (GOOGL.O) unit Google over its shopping service as soon as Tuesday, two people familiar with the matter said on Monday, concluding one of three cases against the company. The European Commission's case was triggered by scores of complaints from both U.S. and European rivals, leading to a seven-year-long investigation into the world's most...

26 Jun 4:32 PM 0 Read More...

Alphabet partners with Avis to manage self-driving car fleet

Waymo, the self-driving car unit of Alphabet Inc, signed an agreement with Avis Budget Group Inc under which the U.S. car rental firm will manage its fleet of autonomous vehicles, the companies said on Monday.Avis will offer fleet support and maintenance services for Waymo's fleet of autonomous vehicles, the companies said. Waymo recently said it was adding hundreds of Chrysler Pac...

26 Jun 2:49 PM 0 Read More...

Short of IT workers at home, Israeli startups recruit elsewhere

TEL AVIV When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home.He went to Ukraine and hired 120 people to develop mobile apps and web platforms for international clients and smaller Israeli startups."I worked for years in the Israeli market and I knew what the costs were in Israel and I knew there was a shortage of worker...

26 Jun 5:35 AM 0 Read More...

China, Canada vow not to conduct cyberattacks on private sector

China and Canada have signed an agreement vowing not to conduct state-sponsored cyberattacks against each other aimed at stealing trade secrets or other confidential business information.The agreement was reached during talks between Canada's national security and intelligence adviser, Daniel Jean, and senior communist party official Wang Yongqing, a statement dated June 22 on the Canadian government's website sho...

26 Jun 4:23 AM 0 Read More...