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CEO Satya Nadella on Monday made a bid to reintroduce Microsoft to professionals working in a brave new cyberworld of virtual, interconnected computing. Speaking at the Microsoft Government Cloud Forum in Washington, Nadella presented a broad new vision of a cloud- and mobile-first enterprise that p...
Apple shares have been sliding since Credit Suisse last week warned of weaker-than-expected iPhone 6s demand. Credit Suisse lowered its earnings estimates for calendar year 2016 by 6 percent, based on Apple cutting component orders by as much as 10 percent due to the weak demand, according to a repo...
Apple reportedly is in negotiations with several major banks to launch a peer-to-peer mobile payment system that would compete against rival digital payment companies, including PayPal and Square. Apple is working on a plan that would allow consumers to transfer funds directly from their checking ac...
Microsoft on Wednesday said it would offer its Azure, Office 365 and Dynamics CRM cloud services to business clients using two Germany-based data centers hosted by a subsidiary of Deutsche Telekom. The arrangement will protect the integrity and privacy of customer data, the company said. The data ce...
Toyota Motor on Friday announced plans to launch a new company, Toyota Research Institute, as part of a five-year $1 billion investment in artificial intelligence and robotics technology for automobiles. The new company will begin operations in January 2016 under the leadership of Toyota's executive...
Circle Media and Disney Interactive on Wednesday launched Circle With Disney, a device that gives parents greater control over the management of their children's online activities. Circle With Disney provides curated Disney content through a licensing agreement. Paired with a companion iOS app, it a...
The Motion Picture Association of America ran a victory lap after announcing the shutdown of movie and television torrent sites Popcorn Time and YTS. The shutdowns resulted from major legal wins in Canada and New Zealand. The MPAA last month obtained injunctions against the sites in those countries,...
Amazon has informed employees of significant improvements to its parental leave policies. It also announced the opening of its first physical bookstore in a letter to customers. Both moves no doubt have been in the works for a while, but the timing of the announcements may not be coincidental. Amazo...
The long-awaited split of HP's personal computer and enterprise operations has taken place, and CEO Meg Whitman, who oversaw the transition of the massive, listing ship, clearly faces the most challenging crisis of her career -- trying to save a legacy business from being buried by the sands of time...
Global demand for tablets continued a year-long slide, as shipments fell for the fourth consecutive quarter amid signs of market saturation in North America, Asia and Western Europe, IDC noted in a report released Thursday. Worldwide shipments fell 12.6 percent year-over-year to 48.6 million during ...
The Library of Congress, which oversees the U.S. Copyright Office, has published new rules to replace a set of controversial -- and for many, outdated -- measures. Consumers now may hack their own tablet computers, automobile software and Blu-ray devices without fear of being sued. The ruling upgrad...
Walmart on Monday filed a request with the Federal Aviation Administration to begin deploying commercial drones to transport goods from outside vendors to its distribution centers, as well as to customers' homes. The company, which has been testing drones in indoor flights, wanted an exemption in or...
New York Attorney General Eric Schneiderman has launched an investigation into Verizon, Cablevision and Time Warner Cable. The purpose of the probe is to determine whether three of the state's top telecom companies are providing high-speed broadband Internet as advertised to consumers and businesses...
Amazon last week stunned Wall Street by releasing third-quarter earnings that blazed past consensus estimates on the strength of its growing cloud services business and surprisingly strong response to its efforts to boost membership in its Prime program. Shares were up almost 7 percent to $601.72 in...
The European Union's Court of Justice on Thursday ruled that bitcoin, the virtual payment system that has shown promise and potential as an emerging currency, should be considered exempt from Value Added Tax under existing law. Swedish national David Hedqvist sought a ruling from the Swedish Revenue...
CEO Tim Cook on Monday revealed that Apple had signed up 6.5 million customers willing to pay for its Apple Music streaming service. Another 8.5 million users currently are giving the service a look-see during a free three-month trial period. Cook unveiled the hard numbers of paid subscribers for th...
Square on Wednesday announced that it had registered with the Securities and Exchange Commission for its long-expected initial public offering. A startup that specializes in electronic payments, Square has been operating in the red. It plans to raise up to $275 million in its IPO, it disclosed. Howe...
Investors cheered after Twitter CEO Jack Dorsey's announcement of plans to cut up to 336 jobs, or 8 percent of the global workforce, as part of an effort to strengthen long-term growth. Dorsey, the company cofounder who last week reclaimed his former position as chief executive, announced the painfu...
Amazon on Thursday announced Handmade at Amazon, a new specialty site designed to sell original handcrafted wares to a unique set of customers in a market led by rival etailer Etsy. Etsy, in its 10th year of operation, put the retail industry on notice in April, when its share price rose to $31, up ...
Europe's highest court on Tuesday ruled that a 15-year-old agreement regulating electronic data transfers with the United States was invalid, potentially striking a blow to thousands of U.S. technology companies that rely on a uniform legal standard do business overseas. The European Court of Justic...
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