Apple’s WWDC 2014 developer conference is set for June 2 and we’re already feverish with anticipation. What will Apple announce? iOS 8? An OS X Mavericks successor? An iPhone, an iPad, some Macbooks? For the sake of our wallets, we hope not all of the above. As in previous years, the company has designed a natty new logo for the occasion. But what can we tell from these colourful squares
By Jussi Rosendahl and Leila Abboud HELSINKI/PARIS (Reuters) – Nokia Oyj is in talks to buy smaller telecom equipment maker Alcatel-Lucent , a deal combining the industry’s two weakest players that is backed by the French government but could pose challenges in cutting costs. In a joint announcement, the Finnish and French companies said they were in “advanced discussions” on a “full combination, which would take the form of a
General Dynamics Corp on Tuesday said it remained focused on its core cybersecurity business of serving government agencies and that its sale of Fidelis Cybersecurity Solutions was aimed at trimming a non-core business. General Dynamics spokeswoman Lucy Ryan said Fidelis had doubled in size since General Dynamics acquired it in 2012 but that it served a commercial customer base, not in the company’s core area. Nadia Short, vice president and
Fraud prevention group Early Warning, which is owned by five of the largest U.S. banks, has teamed up with Israel’s BioCatch, a specialist in behavioral biometrics, to boost protection of customer accounts. BioCatch Chief Executive Ron Mortiz said the move addresses “some of the biggest challenges currently facing the financial industry, namely preventing account takeover and new account fraud as well as malware attacks”. Early Warning is owned by Wells
Chinese restrictions on transferring data overseas would burden firms with building “redundant” data centers in China and hamper domestic companies expanding abroad, the American Chamber of Commerce in China said on Tuesday. China has introduced a series of policies in recent years to keep financial and personal data such as credit history and health records on Chinese soil, particularly since intelligence contractor Edward Snowden disclosed details of U.S. spying. China
Norway’s Opera Software on Tuesday launched a new version of the Opera Mini browser for Android phones, hoping to more than double its smartphone user base by the end of 2017. Google’s Android is the most widely used operating system among mobile phone makers. With the launch of Mini 8, Opera aims to lift its smartphone user base to 275 million by 2017 from the current 130 million, increasing the
Framing himself as a politician who’s unafraid to share “hard truths” with the American people, New Jersey Gov. Chris Christie is proposing an income cap on Social Security benefits as part of …
It’s earnings season, and a strong dollar means CEOs citing currency headwinds, but investors should stick to plans and remain diversified.
The shale oil boom that pushed U.S. crude production to the highest level in four decades is grinding to a halt. Output from the prolific tight-rock formations such as North Dakota’s Bakken shale will decline 57,000 barrels a day in May.
The municipal bankruptcies in Detroit and Stockton, California, may foretell more widespread problems in the United States than is implied by current bond ratings, a top Federal Reserve official said on Tuesday. “While these particular bankruptcy filings have captured a considerable amount of attention, and rightly so, they may foreshadow more widespread problems than what might be implied by current bond ratings,” New York Fed President William Dudley said at
