Technology News Headlines

Mon, Jan 26 2015

IBM dismisses Forbes report of massive layoffs


REUTERS - IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26 percent of its workforce, which would represent its biggest-ever layoffs.

Business, Tech 26 Jan 2015

Facebook's Oculus forms in-house virtual-reality film studio


PARK CITY, Utah - Facebook Inc's Oculus VR is getting into movies with an in-house studio dedicated to making virtual-reality films and will show its first short movie at the Sundance Film Festival on Monday, the company said.

Tech, Facebook 26 Jan 2015

Turkish court orders Facebook to block pages insulting Mohammad - media


ANKARA - A Turkish court has ordered Facebook to block a number of pages deemed insulting to the Prophet Mohammad, threatening to stop access to the whole social networking site if it does not comply, local media reported.

Tech, World, Facebook 26 Jan 2015

Telecom network spending seen rising this year amid 4G boom


PARIS/STOCKHOLM - Europe's telecoms equipment makers look set for an unpredictable year because of consolidation among their operator customers and a slowdown of buildouts of faster mobile networks, known as 4G, in the United States and China.

1:03am IST

India turns to corner shops, mobile phones for banking revolution


NEW DELHI/MUMBAI - India is betting that mobile phone vendors, fuel stations and corner stores can help it put basic banking within the grasp of hundreds of millions of its poor people living beyond the reach of traditional bank branches.

Business, Tech, Top News 26 Jan 2015

Lenovo's Motorola looks to take market share from China rivals


BEIJING - Motorola, the mobile handset maker bought by China's Lenovo Group Ltd from Google Inc for $2.9 billion, is optimistic about its prospects in the Chinese market, its president told Reuters.

26 Jan 2015

Sun, Jan 25 2015

TRW hires 650 for self-driving car tech - Automobilwoche

FRANKFURT - German car parts maker ZF Friedrichshafen plans to strengthen its position in technology for self-driving cars after buying U.S.-based TRW Automotive Holdings, ZF's chief executive told a newspaper.

25 Jan 2015

Fri, Jan 23 2015

Amazon, e-commerce rivals fuel commercial property boom in India


NEW DELHI - Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India as their storage needs rise, with shoppers in the country going online to buy everything from televisions to groceries.

Business, Tech 23 Jan 2015

Who's afraid of China's economy slowing? Not Alibaba's Jack Ma


DAVOS, Switzerland - Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn't worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland.

23 Jan 2015

Winklevoss twins aim to take Bitcoin mainstream with a regulated exchange - NYT


REUTERS - Cameron and Tyler Winklevoss are trying to firm up support by creating the first regulated Bitcoin exchange in the United States, dubbing it the "Nasdaq of Bitcoin", the New York Times reported.

23 Jan 2015