Italian utility Enel said on Wednesday it planned to invest around 2.5 billion euros ($2.8 billion) to help develop a national ultrafast broadband network. The state-controlled utility said in a statement it plans to gradually roll out a fiber-to-the-home network would be open to other investors. Th...
Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan ($2.7 billion) merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay competitive during China's e-commerce boom. China's mostly privately held express delivery firms are under pressu...
The U.S. government will give Chinese telecom equipment and smartphone maker ZTE Corp (000063.SZ) a three-month reprieve on tough export restrictions it imposed earlier this month, the Commerce Department said on Tuesday. The department on March 8 imposed some of the toughest-everU.S. export restric...
A United Launch Alliance Atlas 5 rocket loaded with supplies and science experiments blasted off from Florida on Tuesday, boosting an Orbital ATK cargo capsule toward the International Space Station. The 194-foot (59-meter) rocket soared off its seaside launch pad at Cape Canaveral Air Force Station...
A 3D printed Twitter logo is seen in front of displayed stock graph in this illustration picture made in Zenica, Bosnia and Herzegovina, February 3, 2016. Reuters/Dado Ruvic Twitter Inc is testing a new feature called 'Stickers' to add images to photos before tweeting them, tech news site Re/code re...
The neon Google sign in the foyer of Google's new Canadian engineering headquarters in Kitchener-Waterloo, Ontario January 14, 2016. Reuters/Peter Power Google Inc, long an also-ran in cloud services, has scored an important victory in its effort to win corporate clients: Home Depot is moving some o...
A woman walks past an advertisement board of Nintendo Co Ltd's Wii U game console at an electronics retail store in Tokyo, Japan, February 2, 2016. Reuters/Yuya Shino Japanese videogame maker Nintendo Co Ltd will stop production of the Wii U video game console as early as this year after stagnant sa...
A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. Reuters/Rick Wilking/Files An executive with Amazon.com Inc's (AMZN.O) unit that sells office supplies to businesses gave testimony on Tuesday that appeared to bolster a U.S. regulator's wariness over a pote...
A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, in this file picture taken December 12, 2012. Reuters/Denis Balibouse Yahoo Inc will suspend offering paid Daily Fantasy Sports contests in New York from Wednesday, a Yahoo spokesman said on Tuesday. A probe b...
A Kentucky hospital says it is operating in an “internal state of emergency” after a ransomware attack rattled around inside its networks, encrypting files on computer systems and holding the data on them hostage unless and until the hospital pays up. A streaming red banner on Methodisth...
A Kentucky hospital says it is operating in an “internal state of emergency” after a ransomware attack rattled around inside its networks, encrypting files on computer systems and holding the data on them hostage unless and until the hospital pays up. A streaming red banner on Methodisth...
Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016. Reuters/Ashikur Rahman Bangladesh's central bank has hired a lawyer in the United States for a potential lawsuit against the New York Federal Reserve after unknown hackers stole $81 million from its account w...
A just-delivered Amazon box is seen on a counter in Golden, Colorado August 27, 2014. Reuters/Rick Wilking Amazon.com Inc (AMZN.O) has sued a former executive hired by Target Corp (TGT.N) as its chief supply chain and logistics officer to prevent him from revealing trade secrets. Amazon said in the ...
An Apple logo is seen at the entrance of an Apple Store in downtown Brussels, Belgium March 10, 2016. Reuters/Yves Herman Apple said on Tuesday it had talked about buying its supplier Imagination Technologies but did not plan to make an offer for the British graphics chip designer at the moment. Sha...
ZTE's mobile Axon is displayed at their stand at the Mobile World Congress in Barcelona, Spain February 24, 2016. Reuters/Albert Gea The U.S. government will give Chinese telecom equipment and smartphone maker ZTE Corp (000063.SZ) a brief three-month reprieve on tough export restrictions it imposed ...
An Uber sign points to drop off and pick up location on a city street in Portland, Oregon March 19, 2016. Reuters/Mike Blake Uber, the high-flying transportation firm, is releasing a technical map of its computer and communications systems and inviting hackers to find weaknesses in exchange for cash...
The new iPhone SE is seen on display during an event at the Apple headquarters in Cupertino, California March 21, 2016. Reuters/Stephen Lam Nearly a decade after the iPhone broke the mould for mobile phones the question is now being asked whether the evolution of the smartphone has finally come to a...
A man talks on his mobile phone at an empty tea shop in the southeastern city of Diyarbakir, Turkey, August 31, 2015. Reuters/Osman Orsal As Turkey prepares for the launch of high-speed 4G cellphone services next month a row is brewing over rivals wanting cheaper access to partly state-owned Turk Te...
British software group Micro Focus International has agreed to buy U.S. firm Serena Software [SILAKS.UL] for an enterprise value of $540 million and will raise $216 million in a placing to part finance the cash deal, it said on Tuesday. Founded in 1980, privately-held Serena Software is a provider o...
Britain's telecoms regulator said BT, the owner of the biggest fixed-line network, must install business lines more quickly and significantly reduce the wholesale prices it charges rivals for the lines. Ofcom's demands come less than a month after it said it would impose higher service standards on ...
