Latest Breaking Technology News
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Southeast Asia e-tailer Lazada raises $100M in funding
(Credit: Lazada) Lazada, an online retail sales business focusing on Southeast Asia, announced Wednesday it has raised another $100 million from investors apparently confident of the region's growth potential. The e-commerce site, which bills itself as the "Amazon of Southeast Asia," was launched in early 2012 by Germany's Rocket Internet, which specializes in ...
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India sets up elaborate system to tap phone calls e-mail
By Anurag Kotoky NEW DELHI, June 20 | Thu Jun 20, 2013 2:20am EDT NEW DELHI, June 20 (Reuters) - India has launched a wide-ranging surveillance programme that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said. The expanded surveillance in the world's ...
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Mahindra Satyam revamps sales team
Mahindra Satyam has hired at least 35 new sales managers and five industry vertical heads as it makes targeted efforts to win new clients and get more business from existing clients. The software exporter is looking to win large outsourcing contracts from banks, manufacturers and healthcare firms as it targets $5 billion (Rs 29,365 crore) in sales by 2015. "Clearly, the focus is on winning ...
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Telcos offer average salary hike of 7
MUMBAI: Wages across India's telecom sector have risen by an average 7% this year, with smaller companies loosening their purse strings a little more than their larger peers in a sluggish market. The pay increase at market ...
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Microsoft mulled buying Nokias mobile phone unit WSJ
Microsoft was previously considering a plan to boost its position in the mobile phone market by buying the devices business from Nokia, The Wall Street Journal reported on Wednesday. The Journal cited unnamed sources as saying the US technology titan and the pioneering Finnish mobile phone company were involved in serious talks that recently faltered. Microsoft has been striving to gain ground ...
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Wipro wins deal worth $500m from Citigroup
Wipro will provide application development and maintenance, and infrastructure services for Citi's global operations. The five-year engagement requires Wipro to set up an offshore delivery centre in Bangalore, said sources familiar with the development. When TOI contacted Wipro, the company said it does not comment on market speculation. Citi too declined to comment on what they call market ...
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Google to open Android Nation retail stores in India
Google is now vying for a piece of the retail market with brick-and-mortar stores called Android Nation. The US company will partner BK Modi's Spice Global to set up the stores in various Indian cities, starting with New Delhi later this year. Like other such stores in Indonesia, ...
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Dotcom decries largest data massacre after company deletes files
View Photo Reuters/Reuters - An actor in police costume mock-arrests Megaupload founder Kim Dotcom (L) as he launches his new file sharing site "Mega" in Auckland January 20, 2013. REUTERS/Nigel ...
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ACCAN defends data breach laws
Open the Google Chrome browser Click Tools icon>Options>Under the Hood>Content Settings Check Allow local data to be set Uncheck Block third-party cookies from being set Uncheck Clear cookies Close ...
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LinkedIn suffers site outage due to DNS issue
(Credit: LinkedIn) LinkedIn is battling a DNS issue that took the business social networking site offline for an hour Wednesday night. The outage, which appears to be over for most of LinkedIn's members, began when the site's homepage was replaced by a domain sales page ...
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iPad Mini Retinas display is a moving target Heres why
Apple faces some tough choices when deciding on a display technology for the upcoming iPad Mini. That results in vagaries in suppliers' production ...
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Successor to Optimus G will sport Snapdragon 800 processor
The successor to LG's flagship smartphone Optimus G will be powered by the speedy Qualcomm Snapdragon 800 processor, the companies announced Wednesday ...
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Best Buy recalls MacBook Pro replacement batteries due to burn hazards
(Credit: CNET) After a U.S. government agency received 13 reports of battery fires, including one that caused a "serious burn" to the user's leg, Best Buy has decided to recall thousands of replacement batteries for Apple's MacBook Pro laptops. The U.S. Consumer Product Safety ...
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Silicon Valley and Spy Agency Bound by Strengthening Web
WASHINGTON -- When Max Kelly, the chief security officer for Facebook, left the social media company in 2010, he did not go to Google, Twitter or a similar Silicon Valley concern. Instead the man who was responsible for protecting the personal information of Facebook's more than one billion users from outside attacks went to work for another giant institution that manages and analyzes large ...
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F.T.C. Is Said to Plan Inquiry of Frivolous Patent Lawsuits
WASHINGTON -- The chairwoman of the Federal Trade Commission is expected on Thursday to recommend a sweeping investigation of "patent trolls," companies that buy large portfolios of technology patents and use them to sue software designers and makers of products like smartphones and tablet computers, people briefed on the inquiry ...
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Sony chief says time needed to study proposal
TOKYO (AP) -- Sony Corp. needs more time to study a key proposal from a U.S. hedge fund to spin off a part of its entertainment unit as a way to propel its fledgling revival, the chief executive told shareholders ...
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Rockmelt launches Android app with enhanced navigation
Android users and not merely a port of an iOS app." So, what are the differences between the social browser's Android and iOS app? A lot. First of all, the Android app is tooled for bigger screens, which means navigation is at the bottom of the screen in portrait mode and on the right in landscape mode. Also, as users scroll through the app, the navigation disappears to show-off more ...
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Facebook has never been stronger since IPO COO
Ford has been analyzing the trend among people preferring the expensive automatic gear technology in smaller cars like Hyundai i10 and Maruti A-Star also in Honda's flagship, the City ...
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US Oil Steady Below $99
U.S. oil prices were steady below $99 on Wednesday as investors waited for the U.S. Federal Reserve to shed some light on whether it plans to taper its $85 billion stimulus program. The Fed's three quantitative easing schemes have been key in boosting prices of oil and other commodities. ...
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Rockets Lazada gets $100 million in bid to be Southeast Asias Amazon
(Reuters) - Lazada, the Southeast Asian online retail company founded by Germany's Rocket Internet Gmbh, has secured another $100 million from investors in its bid to lift the region from its status as an e-commerce ...
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Sony to consider Third Points proposal Sony CEO Hirai
Elon Musk, Tesla Motors CEO, tells the Reuters Global Tech Summit that he'll talk to politicians who back local car dealers trying to keep Tesla from selling directly to ...
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LG to mass-produce flexible displays for smartphones
Looking to get a leg-up in the bendable display market, LG Display is going full throttle ahead with production of the new technology for mobile ...
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Dotcom in tears after Megaupload files deleted
Megaupload founder Kim Dotcom said Thursday he was "in tears" after a European company deleted all the data it was hosting from his shuttered file-sharing site.Netherlands-based LeaseWeb announced it had deleted all Megaupload files from 630 servers.LeaseWeb said in a statement it hosted the data for over a year at its own expense without receiving any requests to access it or retain ...
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Microsofts Xbox DRM reversal not the first 12 tech mulligans
changed its controversial stance on always-on connectivity and game DRM on Wednesday, a reversal that comes after more than a week of harsh criticism from consumers, press and especially competitors. The move comes just a few months before the console is set to hit store shelves, and is widely-viewed as reactionary. Rival Sony, which priced and further detailed ...
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Microsoft has no plans to revisit Xbox Ones $499 price
Even as the company backtracks on its unpopular game-sharing policy, a company executive tells CNET that it won't budge on the price for the console, some $100 more than the rival PlayStation ...
Silicon Valley Focus
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Silicon Valley's Expo ambitions
Moffet Field, a fairly unknown former military airbase in Silicon Valley near Mountain View and Sunnyvale, may become the centerpiece of the 2020 World Expo if Governor Schwarzenegger and other advocated of a California bid get their way.
California wants one of its cities to host the 2020 World Expo, the event is a seminal one on the world calendar and is expected to draw in over 70 million visitors to Shanghai, the city currently hosting the exhibition, which last six months. Read more
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