CHICAGO (Reuters) - Four out of five global retailers and other merchants failed interim tests to determine whether they are in compliance with payment card data security standards, putting them at increased risk of cyberattacks, according to a new report by Verizon Communications Inc.
(Reuters) - Telecom network gear makers are on a collision course with Silicon Valley computing giants as software and cloud computing have begun to change the way operators from AT&T to China Mobile run their networks.
The shift, while in its early stages, involves relying on ever cheaper computer boxes and powerful software that promises to make networks more flexible and efficient.
HANGZHOU, China (Reuters) - Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley on Wednesday, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition.
The new California data center marks the Chinese company's latest measured expansion onto American soil, and into a hotly contested U.S. market now dominated by Amazon.com Inc , Microsoft Corp and Google Inc.
BRUSSELS/BARCELONA (Reuters) - The European Union is looking to sign agreements with China and Japan and the United States to cooperate on developing the next generation of mobile broadband as it seeks to help its companies catch up in the race to develop such technologies.
Europe, once a leader in the 1990s in the second-generation GSM technology standard for mobile phone networks moving into the digital era, has fallen behind the United States, Japan and South Korea in the deployment of the latest 4G standard for mobile broadband services.
BARCELONA (Reuters) - China's Huawei Technologies [HWT.UL], the world's second-biggest maker of network gear, is beefing up its patent portfolio ahead of 5G, the next generation of mobile equipment, its chief executive said on Tuesday.
Huawei, also the world's fourth-largest maker of smartphones, has said it plans to spend $600 million on 5G wireless research and development from 2013 to 2018.
But speaking to reporters at the Mobile World Congress on Tuesday, Huawei Chief Executive Ken Hu said that 5G research spending was likely to rise, without giving specific figures.
BARCELONA – Operators wanting to stay afloat in the rapidly changing telecoms market will need to massively transform their infrastructure in terms of guaranteed bandwidth, communications security, low latency rate and minimum cost for increased capacity, Italtel’s CEO Stefano Pileri has warned.
NEW YORK (Reuters) - AT&T Inc will link its connected car and smart home technologies to bolster its foothold in the fast-growing market for Internet-connected devices, a new battleground for the company and rivals ranging from Verizon to Google Inc.
BARCELONA (Reuters) - Telecom equipment maker Ericsson and chipmaker Intel have agreed a partnership deal to help network operator customers build datacenters, putting them on a more competitive footing against big, cloud-based Internet firms such as Google, Facebook and Amazon.
"We will build datacenter equipment which will actually have the same performance as many of the big cloud providers are doing for themselves," Ericsson's chief executive, Hans Vestberg, told a news conference at the Mobile World Congress telecoms trade show in Barcelona on Monday.
PARIS (Reuters) - Europe's big telecom firms are back to rude financial health after years of poor results and regulatory pressure, drawing crowds of new investors and protests from rivals who worry the formerly state-owned companies may rebuild their monopolies.
Germany's Deutsche Telekom and Spain's Telefonica have predicted that revenues will grow this year, while France's Orange and Norway's Telenor have promised higher future dividends, a major motivation for investors in the sector.
(Reuters) - International Business Machines Corp, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.
The aggressive target, set by IBM executives at the company's annual investor meeting in New York on Thursday, is the latest step for the technology giant towards emerging, high-margin businesses, and away from its previous strongholds in hardware and servers.