technologyNews

Payments firm Ingenico to buy rival Bambora for 1.5 billion euros

PARIS (Reuters) - French payments specialist Ingenico is to buy rival Bambora from Nordic Capital for 1.5 billion euros ($1.7 billion), the latest in a series of deals in the sector.

SAP posts second quarter profit below forecast on higher cloud costs

FRANKFURT (Reuters) - SAP, Europe's most valuable technology firm, posted rapid growth in its cloud services business in both revenue as well as expenses, putting a damper on its quarterly operating profit, which came in slightly below expectations.

Slack makes push for developers as competition intensifies

SAN FRANCISCO (Reuters) - Slack Technologies Inc on Wednesday showcased new tools designed to make it easier for developers to build apps for the company’s workplace collaboration software.

T-Mobile quarterly results top estimates as subscribers grow

(Reuters) - T-Mobile US Inc's quarterly results topped analysts' estimates as the No. 3 U.S. wireless carrier on Wednesday reported record low customer attrition and said it was considering a quarterly dividend.

Qualcomm's profit forecast disappoints as Apple battle takes toll

(Reuters) - Qualcomm Inc forecast fourth-quarter profit below analysts' estimates as the company's escalating patent battle with Apple Inc continues to take a toll on its licensing business.

Four Apple contractors accuse Qualcomm of antitrust violations

(Reuters) - iPhone chip supplier Qualcomm Inc faces a new set of antitrust allegations from a group of four companies that assemble the iPhone and other products on behalf of Apple Inc .

After 17 years, S&P tech index breaks record

SAN FRANCISCO (Reuters) - It took 17 years, but the S&P 500 information technology index has finally recovered from the implosion of the dot-com bubble.

Facebook in talks with publishers on supporting subscription models

(Reuters) - Facebook Inc is in early talks with several news publishers about how its social media site can better support subscription business models, the company's head of news partnerships, Campbell Brown, said in a statement on Wednesday.

Amazon launches shopping social network Spark for iOS

NEW YORK (Reuters) - Amazon.com Inc has launched a social feature called Spark that allows members to showcase and purchase products on its platforms, the retail giant's first clear move into the world of social media.

U.S. House panel approves broad proposal on self-driving cars

WASHINGTON (Reuters) - A U.S. House panel on Wednesday approved a sweeping proposal by voice vote to allow automakers to deploy up to 100,000 self-driving vehicles without meeting existing auto safety standards and bar states from imposing driverless car rules.

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