Tech Biz

IBM unveils new server model to tackle big data

NEW YORK - International Business Machines Corp (IBM), in its latest attempt at reviving demand for its hardware products, is launching high-end system servers that it says are 50 times faster than its closest competitor at analyzing data.Full article

Top Stories

Nokia says India plant unlikely to be part of Microsoft deal

As of 04/24/2014 6:53 PM
NEW DELHI - Nokia said that due to an ongoing tax dispute its Indian mobile phone handset plant was unlikely to be included in a deal due to be concluded on Friday for the sale of its global handset business to Microsoft. Full article

Bitcoin exchange MtGox to start liquidation process: lawyer

As of 04/24/2014 6:24 PM
TOKYO - Failed Bitcoin exchange MtGox is to be liquidated after a Japanese court ordered bankruptcy proceedings on Thursday, a lawyer appointed to carry out the process said. Full article

Sony to enter real estate business

As of 04/24/2014 4:04 PM
TOKYO - Sony Corp will branch out into the real-estate business in August and plans to take the unit public in three years, the Nikkei reported without citing a source. Full article

Apple resets the clock as investors await next big thing

As of 04/24/2014 8:59 AM
SAN FRANCISCO - Apple Inc just bought itself some much-needed time. Full article

WhatsApp says it now has half billion users

As of 04/23/2014 8:04 PM
WASHINGTON - WhatsApp now has 500 million regular, active users around the world, the free mobile messaging service being acquired by Facebook said. Full article

Huawei to spend $300-M on global marketing in 2014

As of 04/23/2014 7:51 PM
Huawei Technologies Co Ltd, the world's third-biggest smartphone manufacturer, plans to spend $300 million on global marketing in 2014, a senior executive said on Wednesday. Full article

Music video hub Vevo monthly viewership hits 6-B

As of 04/23/2014 2:05 PM
MIAMI - Vevo, the online music video hub that is a joint venture of two of the world's biggest music labels, has seen a nearly 50 percent increase in the number of music videos streamed each month from its platform, the company's top executive said on Tuesday. Full article

Cyber risks can cause disruption on scale of 2008 crisis: study

As of 04/23/2014 1:07 PM
GENEVA - Organizations must dramatically improve their response to cyber risks to avoid a new global shock on the scale of the financial crisis that rocked the world in 2008, a study showed Tuesday. Full article

Smart Bro introduces 'no lock-in' LTE plans

As of 04/23/2014 10:58 AM
MANILA, Philippines - Smart Broadband, Inc. (Smart Bro) has introduced two new postpaid LTE offers with no lock-in period. Full article

Bland Theft Auto: China censorship weighs on games consoles

As of 04/23/2014 9:52 AM
BEIJING - China has fully lifted a 14-year ban on selling video game consoles, but foreign console makers hoping to make a killing in a potentially huge new market will first have to find a way around the country's onerous censorship rules. Full article