Finland’s Nokia is planning to cut up to 70 jobs from its technologies unit in Finland, its spokeswoman said on Wednesday. “Nokia Technologies has revised its long-term strategy and will consequently reshape organization. The unit, which includes Nokia’s patents and brand-licensing business, has employs 650 globally and about 400 in Finland.
By Paul Carsten and Lisa Richwine BEIJING/LOS ANGELES (Reuters) – In a multi-billion dollar dogfight with Alibaba Group Holding Ltd for leadership in China’s online entertainment market, mobile messaging app WeChat is Tencent Holdings Ltd’s trump card. The wildly popular app allows Tencent to channel 500 million monthly active users to its entertainment services, a huge consumer base for subscriptions or marketing – pay dirt for media and advertising partners.
By Neil Jerome Morales MANILA (Reuters) – The Philippines issued new rules for ride-sharing services such as Uber on Wednesday, becoming the first country to regulate specifically for such app-based car-hailing operations and prompting threats of legal action from the taxi industry. Transportation Secretary Joseph Emilio Abaya said such services were needed due to the lack of adequate mass transport in Manila, Southeast Asia’s second most congested city after Jakarta
Tencent Holdings Ltd, China’s biggest social network and online entertainment firm, said on Wednesday it might invest more to build up its WeChat messaging app mobile payment service should the opportunity arise. In the first quarter there was a drop off in funding of subsidies to promote taxi calling apps, which used WeChat Payment to settle bills and so encouraged new users to sign up to the service, Tencent executives
Data breaches could cost the global economy a lot of money by 2019 according to research carried out by Juniper. In its “Future of Cybercrime and Security” report, the analyst firm claimed that up to $2.1 trillion could be spent to clear out the mess caused by cyber-criminality. $2.1 trillion (around £1.35 trillion, or AU$2.6 trillion) is about four times the estimated damage that data breaches will cost in 2015,
Microsoft has teamed up with half a dozen Asian telecommunication companies to deploy more than 13,000km of fibre optic cables that will link Hillsboro, Oregon in the west coast of the US, with Chongming, Nanhui, and Lingang on the Chinese mainland; Busan, South Korea; Maruyama, Japan; and finally Toucheng, Taiwan. In a blog post, Microsoft’s Managing Director, Network Enablement, David Crowley, noted that the company had been investing “significantly” in
Skype Translator Preview, Microsoft’s catch all language translator, has been in a closed preview since November but now the software maker is finally opening the beta service to everyone. Users will now be able to skip the sign-up and wait process and simply find the Skype Translator preview application on the Windows Store. All that’s needed to use the application is a PC, laptop, or tablet running Windows 8.1 or
Nvidia’s Grid service is gradually turning into a gaming powerhouse, and today it takes the next step with a new public beta that will let you stream games to Shield at up to 1080p, 60fps – excess of what some consoles can handle. The beta will be free to all Shield owners until June 30, after which point the 1080p, 60fps option will come at a cost. Nvidia is yet
Introduction and design With the release of the latest MacBook, Apple proved unwilling to dip its toes into touchscreen laptop territory just yet – leaving the market open for Asus and Lenovo to do a few backflips into the pool and make some big waves. This, the latest from Asus’ (slightly confusingly named) Transformer Book Flip line features the new i7-5500U Broadwell Intel processor, beating its nearest rival the Lenovo
Verizon has announced that it is purchased former internet darling AOL for up to $4.4 billion. The company added that the deal will take the form of a tender offer followed by a merger, although AOL will become a wholly-owned subsidiary of the US telecommunication giant. “Verizon’s acquisition further drives its LTE wireless video and OTT (over-the-top video) strategy,” the company said in a statement. The AOL deal has some
