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SAP first quarter profit in line as sales surge, aided by cheap euro

FRANKFURT (Reuters) – German business software maker SAP reported a 15 percent rise in operating profit helped by a cheap euro, even as rising investment in newer cloud-based software squeezed its profit margin. Source
Posted On 21 Apr 2015

Some tech firms being ‘friendly to terrorists’ says UK police chief

LONDON (Reuters) – Some technology and communication firms are helping militants avoid detection by developing systems that are “friendly to terrorists”, Britain’s top anti-terrorism police officer said on Tuesday. Source
Posted On 21 Apr 2015

BlackBerry to buy WatchDox to bolster data security

TORONTO (Reuters) – BlackBerry Ltd said on Tuesday it is acquiring privately-held U.S. tech company WatchDox, which makes software that secures files, in a bid to further bolster its security credentials. Source
Posted On 21 Apr 2015

Exclusive: Huawei CEO says Chinese cybersecurity rules could backfire

SHENZHEN, China (Reuters) – China can only ensure its information security in the long run if it keeps its market open to the best technology products, be they foreign or domestic, Huawei’s rotating chief executive Eric Xu told Reuters on Tuesday. Source
Posted On 21 Apr 2015

Abramovich leads $30 million investment round in Music Messenger app

JERUSALEM (Reuters) – A mobile phone app that allows users to send music to each another for free has raised $30 million from private investors including Russian billionaire and Chelsea soccer club owner Roman Abramovich. Source
Posted On 21 Apr 2015

Verizon profit beats estimates as more users sign up

(Reuters) – Verizon Communications Inc’s quarterly profit beat analysts’ expectations, helped by higher net addition of postpaid subscribers as users added more devices to data plans. Source
Posted On 21 Apr 2015

Hewlett-Packard teams with FireEye, Mandiant on cybersecurity

SAN FRANCISCO (Reuters) – Hewlett-Packard Co will team with prominent cybersecurity firm FireEye Inc to offer services including assessments and incident response, bringing one of the most sophisticated security teams to a much broader market. Source
Posted On 21 Apr 2015

IBM sales fall for 12th quarter, currency weighs

(Reuters) – International Business Machines Corp reported a 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives. Source
Posted On 21 Apr 2015

Uber must face lawsuit claiming bias against blind riders

(Reuters) – Uber Technologies Inc must defend against a lawsuit accusing the popular ride-sharing service of discriminating against blind people by refusing to transport guide dogs, a federal judge ruled. Source
Posted On 21 Apr 2015

Humanoid robot can recognize and interact with people

A humanoid robot which can mimic human expressions greeted visitors on Saturday (April 18) at a Hong Kong electronics fair. Source
Posted On 21 Apr 2015