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Showing posts from March, 2020

SoftBank names Goldman alumnus Taiichi Hoshino head of investment planning department

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SoftBank Group Corp said on Wednesday it has appointed former Goldman Sachs banker Taiichi Hoshino as head of a new investment planning department, as the group increases oversight of its tech bets battered by volatile markets. from Reuters: Technology News https://ift.tt/2UxO5wT

SoftBank bolsters investment team with ex-Goldman hire

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SoftBank Group Corp said on Wednesday it has appointed former Goldman Sachs banker Taiichi Hoshino as head of a new investment planning department, as the group increases oversight of its tech bets battered by volatile markets. from Reuters: Technology News https://ift.tt/2JsJsOa

Xerox abandons $35 billion hostile bid for HP

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U.S. printer maker Xerox Holdings Corp walked away from its $35 billion hostile cash-and-stock bid for HP Inc on Tuesday, after the coronavirus outbreak weighed on its campaign to take over the PC and printing equipment manufacturer. from Reuters: Technology News https://ift.tt/33YHYVs

Marriott says 5.2 million guests exposed in new data breach

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Marriott International Inc said on Tuesday information of about 5.2 million hotel guests was breached, the second such incident for the hotel operator in less than two years. from Reuters: Technology News https://ift.tt/34b6eE9

COVID-19: How Do I Work from Home Securely?

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The coronavirus pandemic—the infection officially designated as COVID-19—is causing upheaval across the globe. Aside from the serious economic and public health implications, one very practical impact of shelter-in-place dictums is to force many companies to support remote working where they can. The most recent data tells us that in 2017, eight million Americans worked from home at least some of the week — amounting to around 5% of US workers. However, the events of the past few weeks are driving what is being described in certain sectors as the biggest shift to home working since 9/11. This will ensure that many companies can continue functioning while helping to achieve social distancing to minimise the spread of the virus. But there are challenges, particularly to smaller businesses who don’t have IT security teams to assist with the transition. Hackers are primed and ready to take advantage of home workers, whose machines and devices may not be as secure as those in the offic

Smartphone maker Xiaomi says China sales already close to full recovery

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Chinese smartphone maker Xiaomi Corp is seeing signs of a sales recovery in China, it said on Tuesday, as the country starts to return to normal following the coronavirus lockdown. from Reuters: Technology News https://ift.tt/2X0UORB

Google Japan defends impartiality of search results amid lockdown rumors

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Google on Tuesday defended the impartiality of its search results after users in Japan seeking to corroborate rumors of an imminent state of emergency declaration by the government were met with no results on its website. from Reuters: Technology News https://ift.tt/3bDNfEv

Microsoft clarifies Teams usage surged 775% in Italy

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Microsoft Corp said it has seen a 775% jump in a month for Teams calling and meeting in Italy, withdrawing an earlier statement that the surge was for its cloud services in regions around the world that enforced social distancing to curb transmission of the coronavirus. from Reuters: Technology News https://ift.tt/3dHUA7M

Huawei warns China will strike back against new U.S. restrictions

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Huawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a blow to its overseas sales in 2019, and predicted the Chinese government would retaliate against the United States. from Reuters: Technology News https://ift.tt/3dJXkS8

HelloFresh shares at record high on coronavirus sales boost

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Shares in meal-kit delivery firm HelloFresh jumped to a record high on Tuesday after it said it expected strong first-quarter sales and profit due to a surge in demand as coronavirus lockdowns prompt more people to cook at home. from Reuters: Technology News https://ift.tt/3dBfxBk

Xiaomi fourth quarter revenue jumps 27%, beats estimates

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Xiaomi Corp on Tuesday reported a 27% jump in December-quarter revenue, its fourth consecutive quarter of growth, and above analyst expectations, in spite a weak outlook for the global smartphone sector. from Reuters: Technology News https://ift.tt/3bH2jkC

Russia postpones smartphone software law until January 2021:TASS

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Russia on Tuesday pushed back legislation that would require all smartphones, computers and smart TV sets sold in Russia to come pre-installed with Russian software, by six months until January 1, 2021, the TASS news agency reported. from Reuters: Technology News https://ift.tt/2QYmBOO

Apple supplier Japan Display finalises deal to raise $200 million from 'customer'

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Japan Display said on Tuesday it has finalised a deal to raise $200 million from "an overseas customer," which sources have said is Apple. from Reuters: Technology News https://ift.tt/2QZqAKT

Vivendi closes sale of 10% stake in Universal to Tencent consortium

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Vivendi closed on Tuesday the sale of a 10% stake in Universal Music Group (UMG) - home to Taylor Swift and The Beatles - to a Tencent-led consortium, in a deal giving UMG an enterprise value of 30 billion euros ($33 billion). from Reuters: Technology News https://ift.tt/2Juis14