It’s not easy trying to develop a flagship smartphone in secret, particularly when testing it out in the real world can leave all kinds of clues on the web. Benchmarking tests spilled some details about the OnePlus Two a couple of days ago, and now we have a fresh set to pore over. Chinese site Ludashi has the new specs, which point to a device codenamed A2003 – it has
(Reuters) – Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. BlackBerry, which reported a 16.8 percent fall in quarterly revenue in March, had about 6,225 full-time employees as of Feb. 2015, according to its website. The company is reallocating resources to capitalize on growth opportunities and achieve profitability across all its business segments,
Microsoft Corp and Salesforce.com Inc held “significant talks” this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter. Microsoft was willing to offer about $55 billion for the world’s biggest maker of online sales software. Salesforce founder and Chief Executive Marc Benioff had expected as much as $70 billion, CNBC reported on Friday.
By Dan Levine SAN FRANCISCO (Reuters) – The founder of virtual reality glasses maker Oculus VR Inc, acquired by Facebook Inc for $2 billion, has been accused of taking confidential information he learned while working with another company and passing it off as his own, according to a lawsuit filed this week. The plaintiff, Hawaii-based company Total Recall Technologies, said it hired Oculus founder Palmer Luckey in 2011 to build
By Andrea Shalal SPRINGFIELD, Va. (Reuters) – Much about the National Geospatial-Intelligence Agency remains classified, but the U.S. spy agency that maps and analyzes the earth is opening up more than ever, from sharing computer source code on a public website to tapping new sources of intelligence. The NGA’s director, Robert Cardillo, is leading what he calls a “seismic shift” in the agency’s culture to help it better exploit social
By Andreas Cremer and Arno Schuetze NECKARSULM, Germany (Reuters) – The contest for Nokia’s maps business has become a three-way race between German carmakers, a consortium including Uber and Baidu, and a third group including China’s Tencent and Navinfo, people familiar with the process said. Finland’s Nokia has started an auction of its maps business HERE while it completes its 15.6 billion euros ($17.2 billion) takeover of network equipment maker
U.S. stock investors have been enjoying an extended period of low volatility and steady gains, but with the Federal Reserve on track to raise interest rates this year and major indexes near records, the market could get a bit choppier in coming weeks. Fed Chair Janet Yellen on Friday said she expected the U.S. central bank to raise rates in 2015, though the process was expected to be gradual, with
Federal Reserve Chair Janet Yellen was clearer than ever on Friday that the central bank was poised to raise interest rates this year, as the U.S. economy was set to bounce back from an early-year slump and as headwinds at home and abroad waned. Yellen spoke amid growing concern at the Fed about volatility in financial markets once it begins to raise rates, and a desire to begin coaxing skeptical
The Bank of England plans to assess the implications of a possible British exit from the European Union, it said in a statement, confirming an email it inadvertently sent to a newspaper about the supposedly confidential research project. The Guardian reported that an aide to a senior Bank official said in the email the project should be kept secret from most BoE staff and any journalists asking about it should
Greek Prime Minister Alexis Tsipras said on Saturday his government was on the final stretch of negotiations with its international lenders on a cash-for-reforms deal that would not involve further pension cuts and harsh austerity. After four months of talks with its euro zone partners and the International Monetary Fund, Athens is scrambling for a deal that could release up to 7.2 billion euros ($7.9 billion) in remaining aid to
