(Reuters) - German business software group SAP SE on Monday said its unit SAP America Inc will buy cloud-based company Callidus Software Inc for a total enterprise value of $2.4 billion. The deal represents a per share purchase price of $36, which is a premium of about 10 percent to Callidus’s...
Several years ago, creating a cybersecure home was simple; most homes consisted of nothing more than a wireless network and several computers. Today, technology has become far more complex and is integrated into every part of our lives, from mobile devices and gaming consoles to your home thermostat...
TAIPEI (Reuters) - Qualcomm Inc will pay T$390 million ($13.35 million), its first installment of a fine for anti-trust violations in Taiwan, the Taiwan Fair Trade Commission said on Tuesday, as the U.S. chipmaker grapples with issues around its business model. The first payment is part of 60 instal...
MUMBAI (Reuters) - Indian ride-hailing company Ola announced plans on Tuesday to enter Australia, marking its first foray outside its home market and intensifying its tussle with U.S. rival Uber Technologies Inc. Ola will begin inviting private vehicle owners and driver partners to work with it in t...
(Reuters) - Microsoft Corp issued an emergency security update on Monday to plug Intel Corp’s buggy Spectre firmware patch after the chipmaker’s fix caused computers to reboot more often than normal. Microsoft said it was rolling out an out-of-band update that specifically disables Intel...
TOKYO (Reuters) - Renesas Electronics Corp dismissed a media report that said the Japanese automotive chip maker was in talks to acquire U.S. chipmaker Maxim Integrated Products Inc. Earlier, CNBC reported that discussions were ongoing for a deal that could be valued at up to $20 bill...
WASHINGTON (Reuters) - The top U.S. communications regulator, wireless companies and some lawmakers oppose an idea by members of President Donald Trump’s national security team for the government to build a 5G wireless network to counter China spying on phone calls. The Trump administration ha...
WASHINGTON (Reuters) - A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills like slot machines dispensing a jackpot, a senior U.S. Secret Service officia...
(Reuters) - Japanese chip company Renesas Electronics Corp (6723.T) is in talks to acquire U.S. chipmaker Maxim Integrated Products Inc (MXIM.O) in a deal that could be valued up to $20 billion, CNBC reported on Monday. A deal is not imminent and one may not happen, CNBC said. cn...
WASHINGTON (Reuters) - U.S. Defense Secretary Jim Mattis has ordered a review of security protocols, officials say, after fitness tracking devices broadcast patterns of movement at military facilities around the world, including in war zones. Nathan Russer, a student at the Australian National Unive...
(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg said on Monday the social media website would focus on promoting local news in its latest update. “Starting today, we’re going to show more stories from news sources in your local town or city,” Zuckerberg said in a Facebook ...
ZURICH (Reuters) - The president of a foundation that controls funding for a cryptocurrency project called Tezos has pledged to “step back” from his role once the project is back on track, after months of dysfunction and public battles with Tezos’ founders. Tezos raised $232 millio...
NEW YORK (Reuters) - Altice USA Inc said on Monday that Netflix Inc is now available through its new set-top box, the latest U.S. cable operator to form an alliance with the streaming service. Such partnerships help Netflix add customers as its growth matures in the United States. Neftlix’s Ch...
Today, Jan. 29, is officially the first day of the 2018 tax-filing season, also known as the day fraudsters start requesting phony tax refunds in the names of identity theft victims. Want to minimize the chances of getting hit by tax refund fraud this year? File your taxes before the bad guys can! T...
Today, Jan. 29, is officially the first day of the 2018 tax-filing season, also known as the day fraudsters start requesting phony tax refunds in the names of identity theft victims. Want to minimize the chances of getting hit by tax refund fraud this year? File your taxes before the bad guys can! T...
(Reuters) - Apple Inc (AAPL.O) will halve its iPhone X production target for the first quarter to around 20 million units, Nikkei reported on Monday, sending its shares down more than 2 percent in early trading. The report added to growing concerns around weak sales of the $999 phone, making investo...
FRANKFURT (Reuters) - Germany’s BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and robotaxi alliance with Daimler to compete against the likes of Uber and Lyft. BMW is close to agreeing a deal to combine its car-sharing services with...
(Reuters) - Apple Inc (AAPL.O) has notified suppliers that it will halve its iPhone X production target for the first quarter to around 20 million units, Nikkei reported on Monday without citing a source. The cut was prompted by slower-than-expected sales in the holiday shopping season in Europe, th...
BEIJING (Reuters) - Alibaba Group Holding Ltd and Foxconn Technology Co Ltd have led a 2.2 billion yuan ($347.74 million) funding round in Chinese electric car maker Xiaopeng Motors as competition escalates in the new energy vehicle (NEV) market. The latest injection brings the startup company&rsquo...
TOKYO (Reuters) - Japan’s financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole $530 million worth of digital money from its exchange in one of the biggest cyber heists on record. The theft highlights ...
