Technology

(Reuters) – AT&T Inc (T.N) is planning a redefined role for Chief Executive Randall Stephenson amid major organizational changes following its $85.4 billion acquisition of Time Warner Inc (TWX.N), Bloomberg reported. Stephenson will become executive chairman, overseeing a pair of chief executives who will independently manage the company’s telecommunications and media businesses, the report said,
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MOSCOW (Reuters) – Russian cyber security firm Kaspersky Lab, reacting to a U.S. government move restricting its activities, said on Wednesday it had fallen victim to U.S.-Russia global sparring while the Kremlin criticized the U.S. action as politically-motivated. The Trump administration on Tuesday removed the Moscow-based firm from two lists of approved vendors used by
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By Salvador Rodriguez | WASHINGTON WASHINGTON Microsoft Corp (MSFT.O) on Tuesday announced an initiative to bring high-speed internet to millions of rural Americans through unused television airwaves in a long-term bet for user growth. The Redmond, Washington, technology company proposed using spectrum typically reserved for TV stations to broadcast high-speed internet to underserved U.S. locations.
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By Andreas Cremer and Irene Preisinger | BARCELONA BARCELONA Battered by its emissions scandal, Audi launched its latest technology-packed A8 luxury saloon on Tuesday, aimed at overtaking rivals Mercedes-Benz and BMW as it struggles to overcome its biggest-ever corporate crisis. Last week Munich prosecutors arrested an Audi employee in connection with “dieselgate”, the latest setback
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By Julie Steenhuysen | CHICAGO CHICAGO American technology companies are bringing automation and robotics to the age-old task of battling mosquitoes in a bid to halt the spread of Zika and other mosquito-borne maladies worldwide. Firms including Microsoft Corp and California life sciences company Verily are forming partnerships with public health officials in several U.S.
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Microsoft Corp (MSFT.O) plans to cut “thousands” of jobs, with a majority of them outside the United States, a person familiar with the matter told Reuters. Reuters reported on Monday that Microsoft would undergo a reorganization that would impact its sales and marketing teams as the company doubles down on its fast-growing cloud business. Microsoft’s
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STOCKHOLM Leif Johansson, chairman of Sweden’s Ericsson , plans to quit before the company’s annual meeting in 2018 as the struggling mobile equipment firm tries to restore profitability. Cheaper Chinese rivals have ousted Ericsson as the biggest player in the mobile equipment market while its attempt to boost revenues by broadening its client base to
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