Technology News

India's Infosys June-quarter profit rises about 4 percent, misses estimates

(Reuters) - Infosys Ltd, India’s No.2 software services exporter, posted a 3.7 percent rise in quarterly profit on Friday, missing estimates, hurt by a one-off charge related to fair value reduction of Panaya, which the company is trying to dispose of. The logo of Infosys is pictured inside the company's headquarters in Bengaluru, India, April 13, 2017. REUTERS/Abhishek N. ChinnappaThe company has recorded a reduc...

13 Jul 11:15 AM 0 Read More...

Facebook says Indonesian user data not misused

JAKARTA (Reuters) - Social media giant Facebook has assured the Indonesian government that personal data of about one million of its citizens had not been improperly accessed by political consultancy Cambridge Analytica. FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. REUTERS/Dado Ruvic/File PhotoFacebook has faced intense scr...

13 Jul 5:54 AM 0 Read More...

Apple launches $300 million green energy fund in China

SHANGHAI (Reuters) - Apple Inc (AAPL.O) will launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country. FILE PHOTO: The Apple logo is seen on a computer screen in this illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau/File Photo...

13 Jul 1:15 AM 0 Read More...

Top Twitter users lose 2 percent of followers on average as policy changes

SAN FRANCISCO (Reuters) - A Twitter Inc (TWTR.N) policy change on Thursday to increase the service’s credibility cost its 100 most popular users about 2 percent of their followers, on average, according to social media data firm Keyhole. FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken September 27, 2013. REUTERS/Kacper Pe...

13 Jul 12:48 AM 0 Read More...

Broadcom loses $19 billion in market value after bid to buy CA

(Reuters) - Chipmaker Broadcom Inc’s surprise bid to buy software company CA Inc for $18.9 billion wiped off the same amount from its market value on Thursday, with investors and analysts struggling to find a clear reason for the deal. FILE PHOTO: A sign to the campus offices of chip maker Broadcom Ltd, who announced on Monday an unsolicited bid to buy peer Qualcomm Inc for $103 billion, is shown in Irvine, Califor...

12 Jul 3:12 PM 0 Read More...

Timeline: Broadcom's ambitious deal history under CEO Hock Tan

(Reuters) - Broadcom Ltd made an $18.9 billion bid for software firm CA Inc on Wednesday, the latest in the company’s acquisition spree aimed at diversifying beyond semiconductors. FILE PHOTO: Hock Tan, CEO of Broadcom, speaks on the floor of the New York Stock Exchange shortly before the opening bell in New York, U.S., February 12, 2018. Picture taken February 12, 2018. REUTERS/Lucas JacksonThe deal, which took Wa...

12 Jul 3:12 PM 0 Read More...

Heirs can access Facebook account of deceased relatives: German court

BERLIN (Reuters) - Heirs in Germany have the right to access the Facebook accounts of their deceased relatives, a court said in a landmark privacy ruling on Thursday, saying a social media account can be inherited in the same way as letters. FILE PHOTO: A 3D plastic representation of the Facebook logo is seen in this illustration in Zenica, Bosnia and Herzegovina, May 13, 2015. REUTERS/Dado Ruvic/File PhotoThe Feder...

12 Jul 3:00 PM 0 Read More...

German mobile operators pledge to boost 4G network coverage

BERLIN (Reuters) - Germany’s mobile operators have promised the government that they will improve the coverage of their 4G networks to 99 percent by the end of 2020, Transport Minister Andreas Scheuer said after meeting industry bosses on Thursday. FILE PHOTO: German Transport Minister Andreas Scheuer attends the weekly cabinet in Berlin, Germany, July 11, 2018. REUTERS/Fabrizio BenschUnder the agreement, Deutsche...

12 Jul 2:02 PM 0 Read More...

Tesla delivers 200,000 cars, tax credit for future buyers to be lower

(Reuters) - Tesla Inc has delivered 200,000 electric cars in the United States, a spokesperson said on Thursday, resulting in lower tax credits for future buyers. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors' new showroom in Manhattan's Meatpacking District in New York City, U.S., December 14, 2017. REUTERS/Brendan McDermid/File PhotoUnder a tax overhaul last year, tax credits are available for...

12 Jul 1:57 PM 0 Read More...

Apple launches faster processors on MacBook Pro

(Reuters) - Apple Inc unveiled new features on the MacBook Pro on Thursday, including faster core processors, larger memory and better security to 13-inch and 15-inch models with touch bar. FILE PHOTO: The Apple Inc. logo is shown outside the company's Worldwide Developers Conference in San Francisco, California, U.S., June 13, 2016. REUTERS/Stephen Lam/File PhotoThe iPhone maker said the 8th-generation Intel process...

12 Jul 1:33 PM 0 Read More...