Technology News
Kaspersky Lab to open software to review, says nothing to hide10/23/2017 2:43:20 PM - Moscow-based Kaspersky Lab will ask independent parties to review the security of its anti-virus software, which the U.S. government has said could jeopardize national security, citing concerns over Kremlin influence and hijacking by Russian spies.Amazon backs German artificial intelligence research hub10/23/2017 2:29:25 PMFRANKFURT - Amazon.com will open an artificial intelligence research center in the German university city of Tuebingen, creating 100 jobs over the next five years.Cisco nears deal to acquire BroadSoft: source10/23/2017 8:13:42 AMSAN FRANCISCO - Cisco Systems Inc , the world’s largest networking gear manufacturer, is nearing a deal to buy U.S. telecommunications software firm BroadSoft Inc for close to $2 billion, a person familiar with the matter said on Sunday.Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale10/23/2017 11:09:13 AMTOKYO - Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit.Tesla reaffirms effort to build cars in China; mum on deal report10/22/2017 7:19:43 PM - Electric car maker Tesla Inc reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached.JPMorgan partners with data start-up to boost fixed-income trading10/23/2017 6:32:27 AMNEW YORK - JPMorgan Chase & Co has partnered with data analytics start-up Mosaic Smart Data to help its fixed-income sales and trading business become more profitable.Tencent unit China Literature launches up to $1.1 billion HK IPO10/23/2017 6:10:31 AMHONG KONG - China Literature Ltd, China's largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business.JPMorgan reaches beyond its branches with new mobile account app10/23/2017 7:32:58 AMNEW YORK - In its first offering of online bank accounts, JPMorgan Chase & Co on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices.China's recyclers eye looming electric vehicle battery mountain10/23/2017 3:55:55 AMSHANGHAI - After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China's streets.Consumer goods firms harness online data to tap Southeast Asia e-commerce boom10/23/2017 2:42:33 AMSINGAPORE/BANGKOK - When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding .