Archives
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COMPUTERS 
April 6, 2016 We Will Support if Apple ‘Ever Releases a Good Computer’, Says Oculus Creator
At Microsoft’s Xbox press event this week, Oculus VR founder Palmer Luckey revealed why its virtual reality (VR) headset doesn’t support OS X, and won’t do until Apple changes course. (Also see: Microsoft Showcases Minecraft in VR, Coming to Oculus Rift) “That is up to Apple. If they ever release a good computer, we will […]
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NEWS 
April 1, 2016 Essar Steel says ‘worst times’ over, March a turnaround quarter
A file photo of Essar Steel’s Hazira facility. Hazira (Gujarat): Contrary to market perceptions over its financial and operational performance, Essar Steel India feels its “worst times” are over and is on its way to post a turnaround in the March quarter. Optimistic of its financial situation, the Mumbai-based company said it has already paid […]
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NEWS 
March 26, 2016 Intel Says ‘Tick-Tock’ Strategy Isn’t Working Anymore
Intel will stop following its two-year “tick-tock” development model, according to details contained within a routine report published by the company. The chipmaker’s most recent form 10-K, a financial document filed annually with the United States Securities and Exchange Commission, outlines all of its business operations and any details potentially relevant to investors and regulators. […]
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NEWS 
March 19, 2016 Foxconn CEO Says Agreed With Sharp on Most Points of a Takeover Deal
Taiwan’s Foxconn is aiming to finalise a deal to acquire Japan’s Sharp Corp by the end of the month, after the two firms reached a consensus on most points, Foxconn Chief Executive Officer Terry Gou said. Foxconn, known formally as Hon Hai Precision Industry Co, has been given preferred negotiating rights and most remaining issues […]
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ELECTRONICS 
March 19, 2016 Toshiba Says Cooperating With US on ‘Accounting Problem’
Toshiba’s American units are cooperating with US authorities over alleged accounting irregularities, the embattled firm said Friday, a day after its shares tumbled on a report it was under investigation. The company has been roiled by a profit-padding scandal, in which high-handed bosses for years systematically pushed their subordinates to cover-up weak financial figures. Toshiba, […]
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ALL DEALS 
March 17, 2016 Amazon Web Services Says Over 1,000 Databases Moved to Cloud Since January 1
Amazon.com’s cloud business, Amazon Web Services, said that more than 1,000 databases have been moved to the AWS cloud by customers since the beginning of the year. The AWS Data Migration Service, which allows migration of databases such as Oracle, SQL Server, MySQL, MariaDB and PostgreSQL from on-premises data centres to AWS, is now available […]
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ALL DEALS 
March 16, 2016 Regulators ahead of the curve for fintech sector, says Nandan Nilekani
Nilekani says he does not invest in fintech start-ups because he does policy-related work for the government and does not want to have a conflict of interest. Photo: Hemant Mishra/Mint Bengaluru: Getting millions of rural Indians online, organizing sectors like pharma and logistics, and utilizing Jan Dhan Yojana, Aadhaar and mobile phones are three areas […]
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NEWS 
March 12, 2016 Bill Gates Says ‘Will Look Into’ Age of Empires Sequel
Bill Gates, co-founder of Microsoft and one half of the Bill & Melinda Gates Foundation, recently took to user-curated social news website Reddit to answer any questions people had in what he said was his fourth Reddit AMA (Ask Me Anything). Gates dealt in a lot of topics, from bio-terrorism to his life at Harvard […]
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ALL DEALS 
March 11, 2016 Baidu says in talks to invest in Indian e-commerce start-ups
Photo: Bloomberg Beijing: Baidu Inc. is in talks to invest in Indian e-commerce start-ups, including Zomato, BookMyShow and BigBasket, a spokesperson for China’s top online search provider said on Wednesday. “The Indian market represents an enormous opportunity for us to connect more people with services, and we plan to put more resources there in the […]
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ALL DEALS 
March 11, 2016 China’s ZTE Says Suppliers Need to Apply for US Export Licence
Chinese telecommunications equipment maker ZTE Corp said on Wednesday its suppliers must seek licences to provide materials, in line with newly imposed US restrictions on the company. The news, confirming a Reuters report on Tuesday, comes a day after the US Commerce Department slapped export restrictions on ZTE for alleged Iran sanctions violations, a move […]
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NEWS 
March 11, 2016 Samsung Says Galaxy S7, S7 Edge Pre-Orders ‘Stronger Than Expected’
Samsung has revealed that it is receiving “stronger than expected” pre-orders for the latest Galaxy S7 and Galaxy S7 Edge. Koh Dong-jin, President of Samsung’s Handsets Business, told Reuters during apress event for the new premium Galaxy phones in South Korea. (Also see: Samsung Galaxy S7, Galaxy S7 Edge Are Ahead of the Curve but […]
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ALL DEALS 
March 9, 2016 Apple Digs in for Long Fight, Lawyer Says ‘There Is No Middle Ground’
Ted Olson didn’t say exactly what he wants Congress to do about US efforts to enlist Apple in cracking criminals’ encrypted iPhones, but he made one thing clear: Apple doesn’t work for the government. “There isn’t a middle ground that I know of” to force Apple to “redesign its iPhone,” Olson, a lawyer for the […]
