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Updated: 53 min 9 sec ago

Massachusetts man gets 10 years in prison for hospital cyberattack

Fri, 01/11/2019 - 02:20
A Massachusetts man was sentenced on Thursday to more than 10 years in prison for carrying out a cyberattack on a hospital on behalf of the hacking activist group Anonymous to protest the treatment of a teenager in a high-profile custody dispute.

Investors question Amazon's future after Bezos announces divorce

Fri, 01/11/2019 - 01:21 Inc shares see-sawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans.

Factbox: High-profile corporate chieftain's divorces

Fri, 01/11/2019 - 01:21
Amazon founder Jeff Bezos, the world's richest man, and his wife MacKenzie, who announced on Wednesday that they are divorcing, are the latest of a long line of rich and powerful couples whose marriages came to a public end, often with a hefty price tag.

Tata Consultancy highlights strong deal pipeline, after record quarter

Thu, 01/10/2019 - 23:22
Tata Consultancy Services Ltd , India's top software services exporter, on Thursday reported a record quarterly profit helped by gains in its key banking, financial services and insurance (BSFI) division and said it was well positioned for 2019 with a strong pipeline of client orders.

India's Tata Consultancy Services posts record quarterly profit

Thu, 01/10/2019 - 21:17
Tata Consultancy Services Ltd , India's biggest listed company by market capitalization, reported a record quarterly net profit, helped by gains in Banking, Financial services and Insurance (BFSI) segment.

Google can limit 'right to be forgotten' to EU says top court adviser

Thu, 01/10/2019 - 20:58
Google can limit the "right to be forgotten" to internet searches made in the European Union, an adviser to the bloc's top court said on Thursday, backing an appeal by the U.S. search giant against a French fine.

United Internet has not yet decided on German 5G auction: spokesman

Thu, 01/10/2019 - 20:26
United Internet has not yet decided whether or not to take part in Germany's upcoming auction of 5G spectrum, a company spokesman said on Thursday, denying an earlier media report.

Russian state lender VEB takes over chip plant hit by U.S. sanctions

Thu, 01/10/2019 - 20:14
Russian state development bank VEB has taken over Angstrem-T's semiconductors plant, the lender said on its website, after the company was hit by U.S. sanctions and crippled by debts.

Ericsson books charge as it rethinks Digital Services strategy

Thu, 01/10/2019 - 19:43
Sweden's Ericsson said it will book a 6.1 billion crown ($687 million) charge for the fourth quarter after a failed revamp of its loss-making Business Support System unit (BSS), as it seeks to protect its profitability targets.

China imposes blockchain rules to enable 'orderly development'

Thu, 01/10/2019 - 19:24
Chinese blockchain platforms will have to censor content, allow authorities access to stored data and check the identity of users under rules set out on Thursday by Beijing.

Foxconn December revenue dips, first time in 10 months

Thu, 01/10/2019 - 19:07
Taiwan's Foxconn, a key Apple Inc supplier, reported a 8 percent fall in its December revenue on Thursday, dampening its performance in 2018 amid tepid demand for electronics.

Amazon to invest in French firm's technology for self-driving forklifts

Thu, 01/10/2019 - 14:49
Amazon could build a stake of almost a third in warehouse robotics firm Balyo in the next seven years, as part of a deal that could boost sales of the French company's technology for self-driving forklift trucks.

Chinese group swindles $18.5 million from Indian arm of Italian company: Economic Times

Thu, 01/10/2019 - 13:52
A group of Chinese hackers robbed 1.3 billion rupees ($18.45 million) from the Indian unit of Tecnimont SpA through an elaborate cyber fraud that included impersonating the Italian engineering firm's chief executive, the Economic Times reported.

China approves second batch of video games after freeze, but still no Tencent

Thu, 01/10/2019 - 11:54
Chinese authorities have green lit a second batch of video games after a freeze for most of last year, though once again there was no mention of industry leader Tencent Holdings Ltd on the list of approved titles.

LG Chem to spend $1.07 billion on expanding battery plants in China

Thu, 01/10/2019 - 07:13
South Korea's LG Chem said on Thursday that it plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020 in a bid to meet rising global demand.

Vehicle screens go super-sized at CES as tech catches up

Thu, 01/10/2019 - 05:25
LAS VEGAS - Take a glance at the vehicle displays shown at CES and you could be forgiven for thinking you are at the movies.

Spanish startup Glovo to raise funds for new Latam tech center

Thu, 01/10/2019 - 05:16
Spanish delivery startup Glovo is planning a new fundraising round in the first quarter to fuel a Latin American expansion that will include a second technological center in the region, its Brazilian country manager said on Wednesday.

U.S., Israel air concerns over China telecom companies: U.S. official

Thu, 01/10/2019 - 04:53
U.S. President Donald Trump's national security adviser John Bolton raised U.S. concerns about the use of Chinese telecommunications equipment in sensitive sectors during a weekend meeting with Israeli Prime Minister Benjamin Netanyahu, a U.S. official said on Wednesday.

Apple, Qualcomm spar over CEOs' comments on settlement talks

Thu, 01/10/2019 - 04:14
Qualcomm Inc has responded to comments made by Apple Inc Chief Executive Tim Cook in an interview, in which he said there had been no recent settlement talks between the iPhone maker and chip supplier in their global legal battle, calling Cook's remarks "misleading."

AMD shows off 7nm next-gen chips at CES, aims at Intel and Nvidia

Thu, 01/10/2019 - 03:17
Advanced Micro Devices Inc on Wednesday unveiled its next generation smaller and power-efficient computer chip and a graphics processor, aiming at bigger rivals Intel Corp and Nvidia Corp.