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  • FireEye revenue jumps as companies spend more on cybersecurity

    FireEye revenue jumps as companies spend more on cybersecurity

    (Reuters) - Cybersecurity company FireEye Inc reported a 55.8 percent jump in quarterly revenue as businesses spent more to protect their networks from sophisticated cyber attacks. FireEye's net loss attributable to shareholders widened to $133.6 million, or 87 cents per share, in the second quarter ended June 30 from $116.8 million, or 82 cents per share, a year earlier. The company said Chief Financial Officer Michael Sheridan is leaving to … More »

    11 minutes ago
  • No end in sight for Oracle, Google legal fight over Android

    No end in sight for Oracle, Google legal fight over Android

    By Dan Levine SAN FRANCISCO (Reuters) - Oracle Corp's long-running legal battle with Google Inc over Google's Android operating system for smartphones and other devices probably will not proceed to another trial until the middle of 2016, a U.S. judge said on Thursday. The closely watched case involves how much copyright protection should extend to the Java programming language, which Google used to design the operating system. Oracle is … More »

    22 minutes ago
  • T-Mobile raises 2015 subscriber forecast; results top estimates

    T-Mobile raises 2015 subscriber forecast; results top estimates

    T-Mobile US Inc on Thursday posted better-than-expected second-quarter profit and revenue and raised its 2015 subscriber forecast for the second time this year, boosting shares about 5 percent. Once faced with subscriber losses, the company has revamped pricing plans, eliminated service contracts and launched marketing campaigns to turn around its business and lure customers from bigger rivals Verizon Communications Inc and AT&T Inc. It posted … More »

    23 minutes ago
  • Facebook shares dip as results fail to impress

    Facebook shares dip as results fail to impress

    (Reuters) - Facebook Inc's shares fell as much as 5 percent on Thursday, after the company's weak advertising sales growth outlook dampened investor expectations boosted by Google Inc's strong report earlier this month. Facebook's shares rallied 7 percent since the search giant reported a better-than-expected profit on July 16, and said it would take a disciplined approach to spending. In contrast, Facebook said it plans to keep spending … More »

    37 minutes ago
  • Facebook says drone ready for real-world testing later this year

    Facebook says drone ready for real-world testing later this year

    By Yasmeen Abutaleb MENLO PARK, Calif. (Reuters) - Facebook Inc announced on Thursday it has completed building its first full-scale drone, which has the wingspan of a Boeing 737 and will provide Internet access to the most remote parts of the world. The plane will weigh about 880 pounds (400 kg), said Yael Maguire, the company's engineering director of connectivity. "Our mission is to connect everybody in the world," said Jay Parikh, vice … More »

    39 minutes ago
  • Nokia, Alcatel-Lucent post strong results as merger approaches

    Nokia, Alcatel-Lucent post strong results as merger approaches

    Nokia's 15.6 billion euro ($17 billion) acquisition of Alcatel-Lucent announced in mid-April aims to position the company to better compete with market leader Ericsson and low-cost Chinese powerhouse Huawei [HWT.UL], by forging a strong number two in mobile with a more complete product line. The deal is supposed to be completed by mid-2016, although Alcatel-Lucent hinted that closing could come earlier since some key regulatory approvals had … More »

    44 minutes ago
  • Google loses bid to overturn low-cost patent licenses to Microsoft

    Google loses bid to overturn low-cost patent licenses to Microsoft

    By Andrew Chung NEW YORK (Reuters) - In a setback for Google Inc , a U.S. appeals court ruled on Thursday that the low licensing rate Microsoft Corp pays to use some of Google's Motorola Mobility patents had been properly set. The 9th U.S. Circuit Court of Appeals in San Francisco said a lower court judge properly determined the patents' value even though the royalty rate was only a fraction of what Motorola had asked for. Google sold the … More »

    49 minutes ago
  • Google refuses French order to apply 'right to be forgotten' globally

    Google refuses French order to apply 'right to be forgotten' globally

    By Julia Fioretti BRUSSELS (Reuters) - Google Inc is refusing to bow to an order from the French privacy watchdog to scrub search results worldwide when users invoke their "right to be forgotten" online, it said on Thursday, exposing itself to possible fines. The French data protection authority, the CNIL, in June ordered the search engine group to de-list on request search results appearing under a person's name from all its websites, … More »

    1 hour 13 minutes ago
  • Nokia profit grows as networks division leads turnaround

    Nokia profit grows as networks division leads turnaround

    HELSINKI (AP) — Nokia enjoyed a solid 60 percent rise in net profit in the second quarter, with a good performance in its core networks division suggesting the Finnish company is succeeding in turning its business around since selling its handsets operation to Microsoft in 2013. … More »

    2 hours 57 minutes ago
  • FBI understaffed to tackle cyber threats, says watchdog

    FBI understaffed to tackle cyber threats, says watchdog

    The FBI is struggling to attract computer scientists to its cybersecurity program mainly due to low pay, a report by the U.S. Department of Justice showed, highlighting weaknesses in a flagship initiative to tackle growing cyber threats. As of January 2015, The Federal Bureau of Investigation had only hired 52 of the 134 computer scientists it was authorized to employ under the Justice Department's Next Generation Cyber Initiative launched in … More »

    3 hours ago
  • Modern mugging: Sweden thieves demand money via mobile app

    Modern mugging: Sweden thieves demand money via mobile app

    In a tale of a very modern mugging, thieves in Sweden forced their victim to give them his money via an electronic transfer, making the police investigation a no-brainer, Swedish media reported Thursday. … More »

    3 hours ago
  • Ultra-local 'Facebook' turning city neighbours into friends

    Ultra-local 'Facebook' turning city neighbours into friends

    Frag Nebenan proved an instant hit with locals of all ages when it launched last May. More than 12,500 people have already signed up and around 400 new members join every week. Frag Nebenan seems like a nice way of finding those who want to say hello," Gramsl explained. "It's not about people becoming best friends, but they should know that there are other neighbours, that there is this potential for mutual aid." Theissbacher, who grew up in a … More »

    5 hours ago
  • Hackers used Twitter to target US systems: researchers

    Hackers used Twitter to target US systems: researchers

    Russian-based hackers are using malicious software concealed in Twitter images to relay commands and steal data from US computer networks, security researchers said this week. A report by the security firm FireEye examined stealth techniques used by hacker groups believed to be sponsored by the Russian government. "Using a variety of techniques -- from creating an algorithm that generates daily Twitter handles to embedding pictures with … More »

    5 hours ago
  • Angry Birds back in a sequel to save game maker Rovio

    Angry Birds back in a sequel to save game maker Rovio

    Finnish game maker Rovio launched Angry Birds 2 on Thursday, a sequel to what the company claims is the most downloaded mobile game series of all time. "With new towers to topple, pigs to pop and missiles to master, Rovio is thrilled to announce the launch of Angry Birds 2," the company said in a statement. Angry Birds was a worldwide success after its release in 2009, but the game started losing its appeal in 2013 and Rovio is now trying to … More »

    5 hours ago
  • Apple to construct Cupertino visitor's center: report

    Apple to construct Cupertino visitor's center: report

    Plans have surfaced for a new visitor's center at Apple's Spaceship campus in Cupertino, California in the US. The 'Apple Campus 2 visitor's center,' it reportedly includes a café, a store that will offer Apple products and viewing platform that looks out over the $5 billion dollar Spaceship campus from across the street. … More »

    6 hours ago
  • Samsung can halt Smartflash patent infringement trial: U.S. appeals court

    Samsung can halt Smartflash patent infringement trial: U.S. appeals court

    Samsung Electronics Co Ltd, which faced a trial on patent infringement in a lawsuit brought by patent holder Smartflash LLC, can halt the proceedings while the Smartflash patents are scrutinized for their validity by the U.S. Patent and Trademark Office, a U.S. appeals court ruled on Thursday. The U.S. Court of Appeals for the Federal Circuit also declined to stay the Smartflash case against Apple. The iPhone maker lost a $533 million … More »

    6 hours ago
  • IBM's Watson computing technology learns Japanese

    IBM's Watson computing technology learns Japanese

    TOKYO (AP) — The IBM Watson super-brainy computing technology, which has helped organize massive data as well as beaten champions on the Jeopardy TV show, is now learning Japanese. … More »

    8 hours ago
  • Sony books highest first-quarter profit since 2007 on strong sensor sales

    Sony books highest first-quarter profit since 2007 on strong sensor sales

    Sony Corp reported its highest first-quarter profit since 2007 on Thursday due to strong sales of camera sensors and PlayStation 4 videogames, beating analyst estimates and helping to reassure investors a recent stock offering would pay off. The result comes after Sony last month announced its first capital raising in a quarter of a century, sending its shares tumbling. Sony said it would use the funds to boost production of image sensors, … More »

    10 hours ago

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