Technology News
Cisco second-quarter forecast misses on order slowdown
Network equipment maker Cisco Systems Inc's forecast adjusted profit and revenue growth for the second quarter below analysts' estimates, citing a slowdown in order growth and weakness in its enterprise business outside the United States.
Recent Technology News
Gucci, YSL, others suing Alibaba back down on mediation threat
NEW YORK Gucci, Yves Saint Laurent and other luxury brands suing Alibaba Group Holding Ltd for promoting the sale of counterfeit goods will resort to mediation, backing away from a threat to withdraw from the process after Alibaba founder Jack Ma said that he would rather lose the case than settle.
TomTom winning streak continues with Uber deal
AMSTERDAM/BARCELONA Dutch navigation company TomTom announced on Thursday a multi-year contract to provide Uber with digital maps and traffic data for the software used by its drivers.
Uber drivers protest at fee hike in first London demo
LONDON Drivers at ride service Uber [UBER.UL] held a small-scale protest in London on Thursday, angry over pay in a sign of a new challenge for the rapidly expanding taxi app.
In latest retail tech, Carrefour lights have eyes
LILLE, France/BERLIN The strip lights in the hypermarket know where you are, and can tell you where to go.
U.S. and UK test financial sector response to cyber attack
LONDON Britain and the United States carried out a planned drill with leading global firms on Thursday to see how they would respond to a cyber incident in the financial sector.
- European shares set for worst week since September after commodity rout
- Fed officials lay case for December liftoff
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- Syngenta rejects ChemChina's $42 billion takeover offer: Bloomberg
- Banks expected to adopt new technologies rather than be overrun
- Investors flee Toshiba as hopes fade for quick scandal closure
- Blackstone to buy about $3 billion in property fund stakes from Calpers
- Hulu in talks to sell stake to Time Warner: WSJ
- Oil rises after drop, still on course for big weekly loss
- Walmart workers group plans 15-day protest leading to Black Friday
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- Volkswage sets end-November deadline for scandal whistleblowers
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