The Other Side of Life 24/7: Technology Report: Orange offers to buy Spain's Jazztel for 3.4 billion euros

09/16/2014

Orange offers to buy Spain's Jazztel for 3.4 billion euros

PARIS/MADRID (Reuters) - Orange has offered buy Spanish telecoms operator Jazztel for around 3.4 billion euros (4.40 billion US dollar), a deal that could help the French company jump ahead of rival Vodafone in the country's mobile market.

Alibaba options to be listed on ISE on Sept. 29 pending IPO

NEW YORK (Reuters) - Alibaba Group's options will be listed on International Securities Exchange Holdings' options exchanges on Sept. 29 pending the company's public sale of shares this week, ISE said on Tuesday.

Ohio offers Amazon tax breaks to build $1.1 billion data center

SAN FRANCISCO (Reuters) - State and local officials in Ohio are courting Amazon.com Inc with tax breaks and other perks to convince the No. 1 U.S. online retailer to build a $1.1 billion data center in central Ohio and create 120 jobs, according to public records.

Montreal startup taps crowdfunding for virtual reality headset

TORONTO (Reuters) - A tiny Montreal company is turning to crowdfunding in hopes of moving its virtual reality headset from a working prototype to a mass produced rival to products from Facebook, Samsung and Sony.

NSA chief on tech-savvy Islamic State: 'I'm watching'

WASHINGTON (Reuters) - While U.S. military leaders appeared before Congress to outline their strategy to fight Islamic State militants on the battlefield, the National Security Agency chief said on Tuesday he was watching the media-savvy group's cyber capabilities.

U.S. court throws out VirnetX $368 million patent award vs Apple

(Reuters) - A federal appeals court on Tuesday threw out a jury order requiring Apple Inc to pay VirnetX Holding Corp $368.2 million in damages for infringing four patents concerning technology for providing security over the Internet.

IBM launches Watson tool for business clients

WASHINGTON (Reuters) - International Business Machines Corp is rolling out a cognitive tool powered by its Watson supercomputer that uses companies' internal data to answer questions about performance and efficiency, and predict outcomes.

German judge lifts temporary ban on Uber ride-sharing

FRANKFURT (Reuters) - A Frankfurt judge granted a reprieve to Uber, the online transportation service, setting aside a temporary injunction issued two weeks ago against the Silicon Valley company from operating a novel car-sharing service across Germany.

Downsized Nextel operator is not giving up the fight in Brazil

SAO PAULO (Reuters) - Nextel operator NII Holdings Inc is hanging on to its Brazilian unit even though the welterweight mobile carrier has filed for bankruptcy protection in the United States and sold off other Latin American operations.

Authors urge Amazon board to end contract dispute with Hachette

(This Sept. 15 story corrects headline, first and second paragraphs to show group contacting Amazon board also includes authors not published by Hachette)