TECH (MSM)

Symantec in talks to sell Veritas storage unit to Carlyle: source

Software security company Symantec Corp is in talks to sell its Veritas data storage business to private equity firm Carlyle Group LP , a person familiar with the matter said on Tuesday. Bloomberg News reported earlier that Symantec was nearing a deal to sell Veritas to Carlyle for between $7 billion and $8 billion, citing people with knowledge of the matter.

Hackers of Apple, Facebook seen as independent group seeking money

By Joseph Menn SAN FRANCISCO (Reuters) – A hacking group best known for breaking into top-tier technology companies Apple Inc, Facebook Inc and Twitter Inc more than two years ago is now believed to be one of a handful of highly skilled independent gangs pursuing corporate secrets for profit. According to new research from the largest U.S. security software vendor, Symantec Corp, the group appears to be among the few

Microsoft hangs up on Nokia business, to cut 7,800 jobs

Most of the job cuts will be in the phone hardware business, underscoring the company’s shift in focus to software and cloud from hardware. About a third of the layoffs will be in Finland, where Microsoft will shut down a product development unit, according to Finland’s national broadcaster YLE. This is the second round of job cuts since Satya Nadella took over as chief executive in February 2014.

Symantec in talks to sell Veritas storage unit to Carlyle: source

Software security company Symantec Corp is in talks to sell its Veritas data storage business to private equity firm Carlyle Group LP , a person familiar with the matter said on Tuesday. Bloomberg News reported earlier that Symantec was nearing a deal to sell Veritas to Carlyle for between $7 billion and $8 billion, citing people with knowledge of the matter.

Microsoft hangs up on Nokia business, to cut 7,800 jobs

Most of the job cuts will be in the phone hardware business, underscoring the company’s shift in focus to software and cloud from hardware. About a third of the layoffs will be in Finland, where Microsoft will shut down a product development unit, according to Finland’s national broadcaster YLE. This is the second round of job cuts since Satya Nadella took over as chief executive in February 2014.

BBC Micro Bit: 10 things you need to know

Introduction In the 1980s, the BBC Micro computer was introduced to a generation of future programmers, with many going on to forge successful careers in the industry. More than 30 years on, the BBC has lifted the lid on the BBC Micro Bit, a new pocket-sized computer that lets anyone code, customise and use control other pieces of hardware through software. It’s being supplied to around 1 million school children

BBC Micro Bit: 10 things you need to know

Introduction In the 1980s, the BBC Micro computer was introduced to a generation of future programmers, with many going on to forge successful careers in the industry. More than 30 years on, the BBC has lifted the lid on the BBC Micro Bit, a new pocket-sized computer that lets anyone code, customise and use control other pieces of hardware through software. It’s being supplied to around 1 million school children

Google begins testing self-driving prototype cars in Austin, Texas

By Paul Lienert DETROIT (Reuters) – Google Inc has begun testing its self-driving cars in Austin, Texas, expanding efforts to gather information on how the prototypes interact with traffic, road conditions and people, the company said early Tuesday. Google has been testing self-driving prototypes since 2009, mainly around its Silicon Valley headquarters in Mountain View, California. Google is sending a second specially equipped Lexus RX450h prototype this week to Austin.

Samsung Electronics profit guidance suggests costly S6 miss

By Se Young Lee SEOUL (Reuters) – South Korean tech giant Samsung Electronics Co Ltd on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. The guidance suggests that Samsung, while on a gradual recovery path, will struggle to replicate the explosive growth it recorded at the turn of the decade as smartphone competition intensifies

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