Technology News

Akamai quarterly revenue rises 8 percent

(Reuters) - Akamai Technologies Inc reported an 8 percent rise in fourth-quarter revenue on Tuesday, driven by stronger demand for both its cyber-security services and its traditional business of speeding up media content delivery on the web. The company’s net income rose to $94.0 million, or 57 cents per share, in the quarter ended Dec. 31 from $27.5 million, or 16 cents per share, a year earlier. Akamai recorded...

12 Feb 9:08 PM 0 Read More...

Apple's terms for subscription news service face resistance from publishers: WSJ

(Reuters) - Several publications are resisting Apple Inc’s plans to keep about half of the revenue from its upcoming news subscription service, the Wall Street Journal reported on Tuesday, citing the iPhone maker’s pitch to some news organizations. Apple representatives have told publishers that the subscription service could be priced at about $10 a month, but the final price could change, WSJ said. The iPhone ...

12 Feb 8:15 PM 0 Read More...

Pentagon to review certification of Elon Musk's SpaceX launch vehicles

(Reuters) - The Pentagon will evaluate the certification for Elon Musk's SpaceX launch vehicles to determine whether the U.S. Air Force complied with certain guidelines, according to a memo here on Monday. “Our objective is to determine whether the U.S. Air Force complied with the Launch Services New Entrant Certification Guide when certifying the launch system design for the Evolved Expendable Launch Vehicle-class...

12 Feb 4:47 PM 0 Read More...

IBM says Watson AI services will now work on any cloud

SAN FRANCISCO (Reuters) - IBM Corp announced on Tuesday that some of its Watson artificial intelligence services will now work on rival cloud computing providers as it seeks to win over customers that want greater flexibility in how they store and analyze data. The announcement builds on IBM’s moves to position its services as compatible with nearly any form of computer infrastructure a customer wants to operate. O...

12 Feb 4:37 PM 0 Read More...

Global esports revenues to top $1 billion in 2019: report

NEW YORK (Reuters) - Global esports revenues will hit $1.1 billion in 2019, up 27 percent since last year amid ballooning revenues from advertising, sponsorship and media rights to competitive video gaming, a report said on Tuesday. Brand investments through those three avenues will make up 82 percent - or $897 million - of total revenues. In all, brand support will have nearly tripled since 2015, according to data f...

12 Feb 4:10 PM 0 Read More...

EA's 'Apex Legends' tops 'Fortnite' record with 25 million signups in a week

(Reuters) - Shares of Electronic Arts Inc jumped 8.5 percent on Tuesday after the videogame maker said it signed up 25 million players for its new battle royale game “Apex Legends” in a week, setting it up for a showdown with Epic Games’ wildly popular “Fortnite”. EA is hoping to reproduce the success of “Fortnite”, which blends the “The Hunger Games” movie trilogy and “Minecraft” video game and...

12 Feb 3:29 PM 0 Read More...

German minister backs tougher rules on telecoms suppliers

BERLIN (Reuters) - Interior Minister Horst Seehofer has thrown his weight behind a proposal to reform Germany’s telecommunications law to toughen security requirements on foreign network vendors, the RND group of newspapers reported on Tuesday. Seehofer’s intervention increases the likelihood that Germany will tighten oversight over Huawei Technologies , sidestepping pressure from the United States to exclude the...

12 Feb 3:19 PM 0 Read More...

Symantec acquires Israel's Luminate, with an eye on cloud security

JERUSALEM (Reuters) - Cyber security firm Symantec Corp said on Tuesday it acquired Israel’s Luminate Security in an effort to boost its security systems for cloud computing. Financial details of the deal were not disclosed. Luminate, founded in 2017, says its technology can securely connect users from any device, anywhere in the world, to corporate applications on-premises and in the cloud. “Luminate incorporat...

12 Feb 3:09 PM 0 Read More...

Russian lawmakers back bill on 'sovereign' Internet

MOSCOW (Reuters) - Russian lawmakers backed tighter Internet controls on Tuesday to defend against foreign meddling in draft legislation that critics warn could disrupt Russia’s Internet and be used to stifle dissent. The legislation, which some Russian media have likened to an online “iron curtain,” passed its first of three readings in the 450-seat lower chamber of parliament. The bill seeks to route Russi...

12 Feb 2:55 PM 0 Read More...

EA's 'Apex Legends' tops 'Fortnite' record with 25 million signups

(Reuters) - Shares of Electronic Arts Inc jumped 8 percent on Tuesday after the videogame maker said 25 million players signed up for its new battle royal game “Apex Legends”. EA is hoping to reproduce the success of Epic Games’ “Fortnite”, whose blending of “The Hunger Games” and “Minecraft” has been a global hit with teenagers and older gamers over the past two years. EA disclosed the new number o...

12 Feb 2:36 PM 0 Read More...