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India’s Tata Consultancy accused in U.S. lawsuit of South Asian bias

(Reuters) – Tata Consultancy Services Ltd has been sued by a white American information technology worker who accused India’s largest software services exporter of overwhelming favoritism toward workers of South Asian descent in the United States. Source
Posted On 17 Apr 2015

Apple watches will not be available in-store in May: Telegraph

(Reuters) – Apple Inc’s watches will not be available to buy in-store in May, according to a memo from Apple retail chief Angela Ahrendts, the Telegraph reported. Source
Posted On 17 Apr 2015

Apple cooperation with antitrust monitor down ‘sharply’: report

NEW YORK (Reuters) – Apple Inc’s cooperation with a court-appointed monitor has “sharply declined” as he reviews the iPad maker’s antitrust compliance policies, the monitor wrote in a report to a judge. Source
Posted On 17 Apr 2015

Verizon adds college sports to mobile video service

NEW YORK (Reuters) – Verizon Communications Inc will offer college sports programing in its upcoming online video service targeted at families and younger viewers who increasingly watch content on mobile devices, the company said on Thursday. Source
Posted On 17 Apr 2015

Dutch launch criminal investigation into Uber

AMSTERDAM (Reuters) – Dutch prosecutors launched a criminal investigation into Uber for providing an illegal taxi service in violation of a court order, a statement said on Friday. Source
Posted On 17 Apr 2015

Bloomberg says outage appears to be ‘internal network issue’

LONDON (Reuters) – Financial data company Bloomberg said on Friday that there was no sign that a major outage to its systems had an external cause, and that it had restored service to most customers. Source
Posted On 17 Apr 2015

China says investigating former China Telecom vice president

BEIJING (Reuters) – China’s top anti-graft agency has opened an investigation into former China Telecom Corp Ltd president and chief engineer Leng Rongquan, a 20-year executive and Communist Party member who retired in 2010. Source
Posted On 17 Apr 2015

Alibaba inks deal with Shanghai GM to finance car purchases

BEIJING (Reuters) – Alibaba Group Holding Ltd deepened its push into the automotive business on Friday, saying it had struck a partnership with Shanghai General Motors (GM) to offer online sales and financing for GM cars. Source
Posted On 17 Apr 2015

China suspends bank-technology rules that sparked backlash

BEIJING (Reuters) – China’s bank regulator temporarily suspended this week new financial industry cybersecurity rules after feedback from banks, showing the practical challenges of the nation’s long-term effort to cut dependence on entrenched foreign technology....
Posted On 17 Apr 2015

Alibaba helps Sinopec with cloud computing, big data

SHANGHAI (Reuters) – Chinese e-commerce titan Alibaba Group Holding Ltd has tied up with Sinopec, Asia’s biggest oil refiner, to provide cloud computing services and ‘big data’ analysis, the companies said. Source
Posted On 17 Apr 2015