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Thursday, June 12, 2014

Technology Report: BlackBerry in deal with EnStream on mobile payments system

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06/12/2014
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BlackBerry in deal with EnStream on mobile payments system
TORONTO (Reuters) - BlackBerry Ltd said on Thursday it has signed a agreement with EnStream LP, a mobile payments joint venture owned by Canada's three large wireless carriers, to provide a secure platform for transactions between banks and consumers.
U.S. telecom chief tells industry to lead on cybersecurity
WASHINGTON (Reuters) - The top U.S. telecom regulator on Thursday told communications companies to take the lead in fortifying their networks against cyberattacks, saying they can do more to bolster security short of new government regulations.
Nokia to buy smart data firm for its map business
HELSINKI (Reuters) - Finland's Nokia on Thursday said it has agreed to buy small U.S. company Medio Systems for its navigation unit HERE.
AMD promotes exec, combines units, seeks new markets for chips
SAN FRANCISCO (Reuters) - Chipmaker Advanced Micro Devices promoted senior executive Lisa Su to chief operating officer and announced an internal reorganization, aiming to expand into new markets to offset slowing demand for personal computers.
Infosys names first external CEO in turnaround bid
MUMBAI (Reuters) - Infosys Ltd, India's second-largest IT services exporter, has for the first time picked an outsider as chief executive officer, as it seeks to boost sales of high-margin services like cloud computing and stem a staff exodus.
Wal-Mart counting on Latam success to drive US online strategy
(Reuters) - Fernando Madeira comes to his new job as head of online business for Wal-Mart Stores Inc with a reputation as an e-commerce whiz, having engineered a surge in the retailer's online sales in Latin America.
Facebook expands users' ad targeting profiles with website data
SAN FRANCISCO (Reuters) - Facebook Inc is expanding the internal user profiles that underpin its targeted advertising system, for the first time including personal information based on activities that did not occur within the boundaries of its social network.
Intel loses court challenge against $1.4 billion EU fine
LUXEMBOURG (Reuters) - U.S. chipmaker Intel lost on Thursday its challenge against a record 1.06 billion euro ($1.44 billion) European Union fine handed down five years ago, as Europe's second highest court said regulators did not act too harshly.
Twitter chief operating officer resigns as growth lags
(Reuters) - Twitter Inc on Thursday announced the resignation of its chief operating officer, who had been responsible for the social media company's efforts to revive flagging user growth.
Taxis sow traffic chaos in Europe protesting against Uber car app
LONDON/PARIS (Reuters) - Taxi drivers sowed traffic chaos in Europe's top cities on Wednesday by mounting one of the biggest protests ever against Uber, a U.S. car service whose smartphone app summons rides at the touch of a button.
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