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Friday, July 11, 2014

Technology Report: America Movil asset sale should be across the board: Slim

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07/11/2014
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America Movil asset sale should be across the board: Slim
NEW YORK/MEXICO CITY (Reuters) - America Movil, Latin America's biggest telecoms company, will move quickly to put an "attractive" cross-section of the company up for sale as it sheds assets to escape tougher regulation of the phone and broadcasting markets in Mexico, billionaire owner Carlos Slim said.
Apple iPhone a danger to China national security: state media
BEIJING (Reuters) - Chinese state media on Friday branded Apple Inc's iPhone a threat to national security because of the smartphone's ability to track and time-stamp user locations.
Cynk Tech shares halted on concern over possible manipulation
(Reuters) - Trading in shares of Cynk Technology Corp was suspended Friday in the loosely regulated over-the-counter market, amid concerns about possible market manipulation after a 24,000-percent surge in the stock price in the last month.
U.S. FCC votes to refocus Internet subsidy for schools
(Reuters) - U.S. Federal Communications Commission on Friday voted along party lines to begin to transition E-Rate, the largest U.S. educational technology subsidy program, to focus on high-speed Internet and increasingly on Wi-Fi in the next few years.
Amazon seeks FAA permission to test drones outdoors near Seattle
SAN FRANCISCO (Reuters) - Amazon.com Inc is seeking permission from U.S. regulators to test its delivery drones near Seattle, as part of a rapid expansion of a program that has sparked widespread debate over the safety and privacy implications of drone technology.
Rise of the machines sees Barclays turn cashiers into tablet-toting bankers
LONDON (Reuters) - British bank Barclays is to replace branch cashiers with floor-walking staff sporting tablet computers as personal banking becomes increasingly virtual.
Spain's Telefonica in talks to exit Telecom Italia: report
(Reuters) - Spain's Telefonica SA is in talks to sell its stake in Telecom Italia in a move that could ease regulatory pressure in Brazil's wireless market, Brazilian newspaper Folha de S.Paulo reported on Friday.
Digital warriors battle to get African games on phones
LAGOS/NAIROBI (Reuters) - Safari the warrior crouches in the bush - a digitized heroine from the new mobile phone game "Afro Fighters" that its Nigerian creator hopes will soon rival the likes of Clash of Clans or Angry Birds on the world's handsets.
Infosys seeks revival with more tech investments, staff
BANGALORE (Reuters) - India's second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.
Microsoft says cybercrime bust frees 4.7 million infected PCs
BOSTON (Reuters) - Microsoft Corp said it has freed at least 4.7 million infected personal computers from control of cyber crooks in its most successful digital crime-busting operation, which interrupted service at an Internet-services firm last week.
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