China banks approved to invest in high tech firms
China has given the go-ahead for 10 commercial banks, including Bank of China, the Bank of Beijing and the Bank of Shanghai to begin a pilot program to directly invest in technology companies. The...
New from Facebook Messenger…
Facebook has launched “Group Calling” on Messenger that can let a user add 50 participants simultaneously over the Internet. Messenger’s latest feature was set to be rolled out...
Daily Mail says may partner to bid for Yahoo
The parent of Britain’s Daily Mail said on Wednesday it had not submitted its own bid to buy Yahoo Inc’s core Internet business, but was still in talks to partner with other suitors of...
Cyber-security Campaign in Australia
Australia set out a far-reaching cybersecurity strategy on Thursday, invoking the leaks of United States whistleblower Edward Snowden, terrorism and even the threat of war to push for a coordinated...
Intel to cut up to 12,000 jobs as PC industry swoons
Intel Corp (INTC.O) said on Tuesday it would cut up to 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business towards making microchips that power data centers and...
Hyundai Motor, Cisco to team up on Internet-connected car technology
Hyundai Motor said on Tuesday that it will partner with Cisco Systems to develop Internet-connected car technology, part of the automaker’s push to develop “high-performing computers on...
News Corp broadens Google antitrust complaint
News Corp has expanded its complaint against Google to EU antitrust regulators investigating whether the Internet search engine abused its dominance, a person familiar with the matter said on...
Florida wins contest for OneWeb satellite manufacturing facility
OneWeb Ltd, a privately owned startup bankrolled by Richard Branson’s Virgin Group and other well-known firms, will build a factory to mass produce small satellites near NASA’s Kennedy...
