May 25th, 2016Microsoft Corp said on Wednesday it will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950 million from the operation.
The U.S. company, which entered the phone business in 2014 by buying Finnish firm Nokia's handset unit, said it would "streamline" its smartphone business and close...
May 18th, 2016A major American media company which owns prestigious dailies like Los Angeles Times and Chicago Tribune will outsource a part of its IT component to Indian software giant TCS, according to a media report.
Chicago-based Tribune Publishing Company said it has informed its IT employees last month that it is moving work to India-based IT...
May 4th, 2016Kids today spend more of their lives online than offline, according to research carried out by Kaspersky Lab and iconKids and Youth.
As kids grow older, offline activities tend to transfer to the online world. Moreover, three-in-four children prefer to use the Internet to get information, rather than any other source. These findings...
April 7th, 2016The US government purchased "a tool" from a private party to unlock the iPhone used by a Pakistani-American shooter involved in the San Bernardino terror attack, according to FBI Director James Comey.
"Litigation between the government and Apple over the San Bernardino phone has ended, because the government has purchased, from a...
April 7th, 2016To mentor budding entrepreneurs and help the emerging companies access best technology, IT major Oracle will set up nine startup incubators across the country.
"Our goal is to make it extremely easy for people to access the Cloud and we want to make it accessible not just to big companies, but also to every person who has an idea...
February 21st, 2016The US investigation agency FBI demands that Apple Inc unlock an iPhone used by San Bernardino shooter Rizwan Farook might have been avoided if his employer, which owns the device, had equipped it with special mobile phone software it issues to many workers.
San Bernardino County, which employed Farook as an environmental health...
December 14th, 2015It's late morning on a Thursday in September, and Slack Technologies CEO Stewart Butterfield has convened a meeting with his design and product heads in the company's low-key San Francisco headquarters.
On the agenda is the question that's been most on Butterfield's mind lately: how his $US2.8 billion ($3.9 billion) start-up, which...
April 27th, 2015French IT services company Capgemini is acquiring its Nasdaq based peer IGATE Corporation in an all cash deal worth $4.04 Bn, a move that will help the former strengthen its foothold in the North American market.
According to the agreement, shares are being acquired at $48 a piece and the deal will be financed through...
April 23rd, 2015Working quietly since 2006, Premji Invest investment firm has built up positions and funded around 40 publicly listed and private companies out of a corpus of $1 billion (Rs4,290 crore). Yet, its operations are shrouded in secrecy and the firm has consciously avoided building a public profile.
Premji Invest is a private equity fund...
April 4th, 201540 years ago, on this day, a 19-year-old boy drops out of Harvard University and goes on to found a venture with his childhood friend. In the beginning, it was not clear what to build, how to make it popular, but one thing was sure, "we have to utilize the pool of talent we have with 100% dedication"
After 40...
