Thursday, June 20th, 2013

Technology News

  • CIA faulted for choosing Amazon over IBM on cloud contract

    WASHINGTON (AFP) - The CIA selected Amazon over IBM to build a cloud computing service for the spy agency even though IBM's proposal carried a lower price tag, according to a government report.

    26 minutes ago
  • Nvidia's stock jumps on license plan; Wall Street eyes Apple

    By Noel Randewich (Reuters) - Shares of chipmaker Nvidia surged nearly 6 percent on Wednesday after the company said it plans to license its graphics technology, opening the door to new...

    50 minutes ago
  • Web retailer Fab valued at $1 billion with funding from Tencent

    (Reuters) - Fab has raised $150 million (96.4 million pounds) from several investors, including Tencent Holdings, that values the online retailer at $1 billion. As part of the funding r...

    1 hour, 36 minutes ago
  • FINRA reviewing brokerages' use of social media

    By Ashley Lau (Reuters) - Wall Street's Financial Industry Regulatory Authority is looking at how brokerage firms supervise their use of communication outlets such as Facebook, Twitter ...

    June 20, 2013, 3:49 am
  • Cyber threats and leaks spur increased security focus

    By Andrea Shalal-Esa PARIS (Reuters) - Increased cyber espionage by China and recent leaks by a contractor working at the National Security Agency have put a sharp focus on cyber securi...

    June 20, 2013, 3:48 am
  • Apple TV adds HBO Go, WatchESPN to line up

    SAN FRANCISCO (AFP) - Apple on Wednesday added HBO GO and WatchESPN to the line-up of programming available on its Apple TV devices that stream shows from the Internet to living room screens.

    June 20, 2013, 3:08 am
  • Microsoft offers hefty bounties to thwart hackers

    By Jim Finkle BOSTON (Reuters) - Microsoft Corp is looking to recruit computer geeks in its ongoing efforts to protect Windows PCs from attacks, offering rewards of as much as $150,000 ...

    June 20, 2013, 3:02 am
  • Cisco to invest in Israeli venture capital funds

    JERUSALEM (Reuters) - Cisco Systems will invest $15 million in Israeli venture capital funds as part of a broader plan to expand its operations in Israel and outside the United States, the company sai...

    June 20, 2013, 2:22 am
  • New Zealand emerges as guinea pig for global tech firms

    WELLINGTON (AFP) - When Google chose New Zealand to unveil secret plans for a balloon-driven wi-fi network last weekend, it cemented the country's reputation as a test bed for global tech companies looking to trial their latest innovations, industry experts say.

    June 20, 2013, 2:13 am
  • BlackBerry shares fall as analyst downgrades stock ahead of earnings

    TORONTO (Reuters) - BlackBerry shares fell nearly 4 percent on Tuesday after a Bernstein Research analyst cut his rating on the stock to "underperform" ahead of the company's quarterly earnings releas...

    June 20, 2013, 1:35 am
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