Technology News

India's Wipro shares rally on dollar revenue guidance

MUMBAI | Sun Jul 28, 2013 11:58pm EDT MUMBAI (Reuters) - India's Wipro Ltd (WIPR.NS) shares surged as much as 5.9 percent on Monday, after the software services exporter issued dollar revenue guidance that was above estimates. Wipro said on Friday it expects revenue from IT services business for the current quarter that ends September 30 to range between $1.62 billion and $...

29 Jul 3:58 AM 0 Read More...

Twitter faces calls in Britain to get tough on online abuse

LONDON | Sun Jul 28, 2013 10:35am EDT LONDON (Reuters) - Twitter, the social media site, is under pressure in Britain to make it easier for Internet users to report abuse after more than 30,000 people petitioned it over the case of a feminist campaigner who says she was repeatedly threatened with rape. Caroline Criado-Perez helped lobby the Bank of England to make a woman, ...

28 Jul 2:35 PM 0 Read More...

Software experts attack cars, to release code as hackers meet

By Jim Finkle BOSTON | Sun Jul 28, 2013 9:08am EDT BOSTON (Reuters) - Car hacking is not a new field, but its secrets have long been closely guarded. That is about to change, thanks to two well-known computer software hackers who got bored finding bugs in software from Microsoft and Apple. Charlie Miller an...

28 Jul 1:08 PM 0 Read More...

Russian web search firm Yandex's co-founder dies

MOSCOW | Sun Jul 28, 2013 6:19am EDT MOSCOW (Reuters) - The co-founder and chief technology officer of Russia's market-leading internet search engine company Yandex has died after treatment for cancer, the Nasdaq-listed company said on Sunday. Ilya Segalovich, aged 48, founded Yandex in 1997 with Arkady Volozh, the company's chief executive officer.He passed away on Saturda...

28 Jul 10:19 AM 0 Read More...

Exclusive: Majority of Siemens board wants to oust CEO - sources

MUNICH | Sat Jul 27, 2013 3:48pm EDT MUNICH (Reuters) - A majority of Siemens supervisory board members are in favor of voting out Chief Executive Peter Loescher, two people familiar with the matter told Reuters on Saturday. The majority of the 20-member board wants current finance chief Joe Kaeser named as Loescher's successor, the sources said following emergency meetings...

27 Jul 7:48 PM 0 Read More...

Renesas plans to close major chip plant in Japan: sources

TOKYO | Sat Jul 27, 2013 6:12am EDT TOKYO (Reuters) - Japan's Renesas Electronics Corp plans to close a system LSI chip plant in northern Japan that makes chips for Nintendo Co Ltd's Wii game consoles and other consumer electronics, after failing to find a buyer for the facility, sources familiar with the matter said on Saturday. The state-of-the-art Tsuruoka plant's 1,000 ...

27 Jul 10:12 AM 0 Read More...

Famed hacker Barnaby Jack dies a week before hacking convention

By Jim Finkle BOSTON | Sat Jul 27, 2013 12:01am EDT BOSTON (Reuters) - Barnaby Jack, a celebrated computer hacker who forced bank ATMs to spit out cash and sparked safety improvements in medical devices, died in San Francisco, a week before he was due to make a high-profile presentation at a hacking conference. The New Zealand-born Jack, 35, was found dead on Thursd...

27 Jul 4:01 AM 0 Read More...

Access to Apple developer site partially restored

By Aman Shah Fri Jul 26, 2013 8:41pm EDT (Reuters) - Apple Inc has partially restored its main website for developers, eight days after shuttering it in response to a cyber attack that prompted a harried upgrade to prevent future breaches. Apple's developer site, which the company uses to communicate with its community of close to 6 million software developers, was back onli...

27 Jul 12:41 AM 0 Read More...

Internet companies, stung by earnings, still look pricey

By Ryan Vlastelica NEW YORK | Fri Jul 26, 2013 3:28pm EDT NEW YORK (Reuters) - Expedia Inc can send people to destinations around the world, but it can't send investors back in time so they can avoid the stock's massive selloff on Friday. The stock's 25 percent fall is its worst in seven years, becoming the latest in what is shaping up as a rough quarter for Interne...

26 Jul 7:28 PM 0 Read More...

Activision to spread its wings after Vivendi sale: CEO

By Malathi Nayak SAN FRANCISCO | Fri Jul 26, 2013 3:23pm EDT SAN FRANCISCO (Reuters) - Activision Blizzard Inc's CEO, who is shelling out $50 million of his own money in an $8.2 billion deal to buy back most of Vivendi's stake, said the world's largest video game publisher will be freer to pursue acquisitions and grow after emerging from its French parent's wing. Bo...

26 Jul 7:23 PM 0 Read More...