Technology News Headlines

Cyber firm challenges Yahoo claim hack was state-sponsored

WASHINGTON A cyber security company on Wednesday asserted that the hack of 500 million account credentials from Yahoo was the work of an Eastern European criminal gang, adding another layer of intrigue to a murky investigation into the unprecedented data heist.

Spotify in advanced talks to buy SoundCloud - FT

Swedish music-streaming service provider Spotify is in advanced talks to acquire German rival SoundCloud, the Financial Times reported on Wednesday, citing people briefed on the discussions.

BlackBerry avoids smartphone risk with outsource move - CEO

WATERLOO, Ontario BlackBerry Ltd's decision to outsource the development of its smartphones helps it avoid the risks of a competitive market and focus on its more lucrative businesses of software and managing rival devices, its chief executive said on Wednesday.

BlackBerry to cut fewer than 100 jobs with hardware move - CEO

WATERLOO, Ontario The chief executive officer of BlackBerry Ltd said fewer than 100 jobs will be cut with its latest move away from hardware, given reductions already made, and that he had not decided whether to launch a device the company has already produced.

Wal-Mart in talks to buy stake in Flipkart - sources

HONG KONG/MUMBAI Wal-Mart Stores Inc is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, two sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market.

Apple deepens enterprise push with Deloitte partnership

Apple Inc and Deloitte LLP announced a partnership on Wednesday in which the consultant will open a new practice to help corporate clients work with Apple products, the tech firm's latest attempt to boost enterprise sales as its key product, the iPhone, shows signs of maturation.

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