Technology

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REFILE-Mobile industry tiptoes towards 5G

BARCELONA, March 1 - Running short of dramatically new phone designs, leaders of the world's wireless industry agree their next big idea is 5G, shorthand for the fifth generation of networks they expect to have up and running by 2020.

4:33am IST

UPDATE 1-Samsung unveils sleek new Galaxy phones to take on Apple

* Key launch in fight to stay No.1 vs Apple (Adds CEO comment, analysts' comment, details from event)

3:08am IST

RPT-China draft counterterror law strikes fear in foreign tech firms

BEIJING/WASHINGTON, March 2 - China is weighing a far-reaching counterterrorism law that would require technology firms to hand over encryption keys and install security "backdoors", a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world's second largest economy.

2:30am IST

Energy consultancy Wood Mackenzie seeks IPO at valuation of up to 2 bln pounds -FT

March 1 - Energy analytics group Wood Mackenzie is preparing an initial public offering that could give it a valuation of up to 2 billion pounds ($3.09 billion), the Financial Times reported, citing people familiar with the matter.

Nokia CEO sees "business as usual"; no change to outlook

BARCELONA, March 1 - Nokia, the world's third-largest mobile equipment maker, has seen nothing in its business that would lead it to change its financial outlook, its chief executive said on Sunday.

12:47am IST
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Modi passes budget test despite lack of reform dazzle

NEW DELHI/MUMBAI - India's reform-minded prime minister, Narendra Modi, appears to have passed a major test with a budget that pleased economists and investors with pledges to spend more on modernising India's ageing roads and railways while keeping borrowing in check.