TECH (MSM)

In the rearview mirror: car designer warns on Google game changer

The days of cheap and cheerful cars like the Honda Civic and Toyota Corolla may be numbered as technology firms Google and Apple muscle into the auto industry, and change the way people own and drive cars. “If they don’t watch out, they risk becoming just suppliers to those (tech) companies,” Okuyama told Reuters in an interview at his industrial design studio in the Japanese capital ahead of this week’s

New York launches probe into speeds at big Internet broadband providers

New York state’s attorney general is probing whether three major Internet providers could be shortchanging consumers by charging them for faster broadband speeds and failing to deliver the speeds being advertised, according to documents seen by Reuters. The letters, sent on Friday to executives at Verizon Communications Inc , Cablevision Systems Corp and Time Warner Cable Inc , ask each company to provide copies of all disclosures they have made

New York launches probe into speeds at big Internet broadband providers

New York state’s attorney general is probing whether three major Internet providers could be shortchanging consumers by charging them for faster broadband speeds and failing to deliver the speeds being advertised, according to documents seen by Reuters. The letters, sent on Friday to executives at Verizon Communications Inc , Cablevision Systems Corp and Time Warner Cable Inc , ask each company to provide copies of all disclosures they have made

Xerox to review operations, not considering sale of company

Xerox Corp , best known for its printers and copiers, said it would review its businesses and capital allocation options but was not currently considering a sale of the company. Xerox also reported its first quarterly net loss since the first quarter of 2010, but profit excluding restructuring costs inched past market expectations. The company’s shares fell 2 percent to $10.13 in early trading.

Xerox to review operations, not considering sale of company

Xerox Corp , best known for its printers and copiers, said it would review its businesses and capital allocation options but was not currently considering a sale of the company. Xerox also reported its first quarterly net loss since the first quarter of 2010, but profit excluding restructuring costs inched past market expectations. The company’s shares fell 2 percent to $10.13 in early trading.

Sharp expects first-half operating loss due to falling prices for smartphone displays

Japan’s Sharp Corp on Monday said it would book an operating loss for April-September rather than a profit due to falling prices for smartphone displays, revealing little sign of a turnaround since a $1.7 billion bank bailout in May. The electronics manufacturer expects to announce an operating loss of 26 billion yen ($215 million) when it reports earnings for the first half of the business year on Friday, instead of

Sharp expects first-half operating loss due to falling prices for smartphone displays

Japan’s Sharp Corp on Monday said it would book an operating loss for April-September rather than a profit due to falling prices for smartphone displays, revealing little sign of a turnaround since a $1.7 billion bank bailout in May. The electronics manufacturer expects to announce an operating loss of 26 billion yen ($215 million) when it reports earnings for the first half of the business year on Friday, instead of

Former NSA head's cyber-security startup raises $32.5 million

(Reuters) – Former U.S. National Security Agency Director Keith Alexander’s cyber security startup, IronNet Cybersecurity Inc, said on Monday it had raised $32.5 million in a “Series A” funding round led by Trident Capital Cybersecurity. IronNet says its technology detects and mitigates anomalous activity in a company’s cyber infrastructure using advanced behavioral models and analytics. The funding will help accelerate growth and scale the launch of the IronNet product line,

TalkTalk expects criminals unable to steal money after cyber attack

British broadband provider TalkTalk said on Saturday it did not believe the authors of a cyber attack against it this week would be able to steal money from its customers. The firm said on Friday it had received a ransom demand from an unidentified party claiming responsibility for the cyber attack that may have led to the theft of personal data from its more than 4 million customers. “It is

TalkTalk expects criminals unable to steal money after cyber attack

British broadband provider TalkTalk said on Saturday it did not believe the authors of a cyber attack against it this week would be able to steal money from its customers. The firm said on Friday it had received a ransom demand from an unidentified party claiming responsibility for the cyber attack that may have led to the theft of personal data from its more than 4 million customers. “It is

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