India’s Infosys retains revenue forecast as seeks recovery
India’s second-biggest IT firm Infosys Ltd retained its revenue outlook for the fiscal year to March, with its chief executive …read more Source: Reuters Tech News
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AT&T CEO confident Time Warner deal on solid ground
The U.S. Justice Department has only a remote chance of overturning AT&T Inc’s takeover of Time Warner, Chief Executive Randall …read more Source: Reuters Tech News
China’s ZTE sees heavy losses in first half due to U.S. penalty
Chinese telecoms equipment group ZTE Corp said on Friday it expected to record a net loss in the first …read more Source: Reuters Tech News
U.S. sanctions seen barring IT platform of insurer Lloyd’s for Iran trade
New U.S. sanctions are likely to prevent the use of a Lloyd’s of London IT platform for any Iran insurance, …read more Source: Reuters Tech News
AT&T shares skid as Justice Department says to appeal Time Warner case
Shares of AT&T Inc fell 1.8 percent in trading before the bell on Friday after the U.S. Justice Department …read more Source: Reuters Tech News
China must improve core technology innovation, says Xi
China must improve its core technology innovation, President Xi Jinping told a top government decision-making body on Friday, saying it …read more Source: Reuters Tech News
India’s Infosys June-quarter profit rises about 4 percent, misses estimates
Infosys Ltd, India’s No.2 software services exporter, posted a 3.7 percent rise in quarterly profit on Friday, below market expectations. …read more Source: Reuters Tech News
China central bank says cannot refuse, discriminate against cash payments
Companies or individuals cannot refuse or discriminate against cash payments, China’s central bank said on Friday, but stressed the rules …read more Source: Reuters Tech News
Facebook says Indonesian user data not misused
Social media giant Facebook has assured the Indonesian government that personal data of about one million of its citizens had …read more Source: Reuters Tech News
Silicon Valley employees flex newfound political muscles
Employees at several of the world’s biggest technology companies have been exercising newfound political power where they work, pushing their …read more Source: Reuters Tech News