Technology 

Sorrell’s S4 Capital seeks more deals in digital-only drive

MUNICH (Reuters) – Martin Sorrell is on the lookout for acquisitions to expand his new advertising venture S4 Capital, aiming to capitalize on the disruption sweeping the industry by pursuing a pure-play digital strategy. FILE PHOTO: Sir Martin Sorrell attends a conference at the Cannes Lions International Festival of Creativity, in Cannes, France, June 22, 2018. REUTERS/Eric Gaillard/File Photo Sorrell, who was ousted from WPP last April after three decades building it into the world’s largest advertising holding company, started again with the purchase of S4 as a shell and…

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China’s Pinduoduo reports theft of online discount vouchers to police

The Pinduoduo logo is seen in this illustration photo taken July 17, 2018. REUTERS/Thomas White/Illustration BEIJING (Reuters) – Chinese online group discounter Pinduoduo Inc (PDD.O) said on Sunday that an online collective exploited a loophole on its platform to “steal” tens of millions of yuan worth of discount vouchers. In a statement on its official Weibo account, Pinduoduo said it immediately rectified the bug and reported the incident to police. The fast-growing Nasdaq-listed online marketplace allows consumers to group together to get better discounts from merchants selling goods as varied…

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EU tax on big digital companies could be struck by March: French minister

FILE PHOTO – French Finance Minister Bruno Le Maire leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, December 19, 2018. REUTERS/Philippe Wojazer PARIS (Reuters) – A European Union-wide tax on the world’s top digital companies could be reached by the end of March, French Finance Minister Bruno Le Maire said in an interview published on Sunday. “We made a compromise offer to Germany in December and I am convinced that a deal is within arm’s reach between now and the end of March. With the…

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Girl Scouts of America offer badge in cybersecurity

Girl Scouts of America are now offering girls as young as five a badge in cybersecurity. It’s part of a drive to get more girls involved in science, technology engineering and mathematics from a young age. An event in Silicon Valley gave scouts an opportunity to earn the first patch in the activity, with the help of some eggs. Video Journalist: Cody Melissa Godwin Source link

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Salesforce to double presence in Ireland with 1,500 new jobs

FILE PHOTO: The Salesforce logo is pictured on a building in San Francisco, California, U.S. October 12, 2016. REUTERS/Lily Jamali DUBLIN (Reuters) – Salesforce.Com will more than double its workforce in Ireland by adding 1,500 jobs, marking one of the largest single job announcements in the 70-year history of the state’s foreign investment agency. The San Francisco-based cloud software maker currently employs 1,400 people in Dublin, the European hub for a number of major technology firms, and will add the new jobs over the next five years as it moves…

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Foxconn cuts 50,000 contract jobs in China: Nikkei

FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu (Reuters) – Apple Inc’s (AAPL.O) biggest iPhone assembler Foxconn Technology Group (2317.TW) has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei reported on Friday. The scale of the cuts is not necessarily deeper than previous years, it is simply significantly earlier, the report said, citing an industry source familiar with the situation. “It’s…

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Philippine financial service firm flags data breach affecting 900,000 clients

A lock icon, signifying an encrypted Internet connection, is seen on an Internet Explorer browser in a photo illustration in Paris April 15, 2014. REUTERS/Mal Langsdon MANILA (Reuters) – Cebuana Lhuillier, a Philippine financial service provider, said on Saturday that the data of 900,000 clients had been accessed without authorization and that it had already alerted authorities to investigate the incident. The breach came as Philippine investigators were looking into allegations by the country’s foreign minister last week that a privately contracted firm took away documents and data from the…

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German security is important for 5G network: Interior Ministry

FILE PHOTO: A mobile phone mast with 5G technology is pictured at the 5G Mobility Lab of telecommunications company Vodafone in Aldenhoven, Germany, November 27, 2018. REUTERS/Thilo Schmuelgen BERLIN (Reuters) – National security is important for the German government in deciding which companies will get access to build its next-generation mobile networks, a spokesman for the Interior Ministry said on Friday. Asked whether Berlin was mulling banning China’s Huawei Technologies from building its 5G network, the spokesman said the government was not examining whether one company should be excluded from…

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AT&T ads returning to YouTube, two years after pulling back over content

FILE PHOTO: The AT&T logo is pictured during the Forbes Forum 2017 in Mexico City, Mexico, September 18, 2017. REUTERS/Edgard Garrido (Reuters) – AT&T Inc (T.N) said Friday it will again buy advertising on Alphabet Inc’s (GOOGL.O) YouTube, nearly two years after the U.S. wireless carrier left the video platform when it discovered its ads may have appeared next to inappropriate content. AT&T is one of the largest U.S. brand marketers by total ad spend, according to research firm eMarketer, and its return caps off a tumultuous period for YouTube…

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India’s Wipro expects small rise in IT services revenue in quarter

(Reuters) – Indian software services provider Wipro Ltd on Friday forecast a small rise in revenue growth from IT services for the quarter to March after beating third quarter profit estimates. FILE PHOTO: The logo of Wipro is seen inside the company’s headquarters in Bengaluru, India, January 19, 2018. REUTERS/Abhishek N. Chinnappa/File Photo Although factors such as Brexit, rising trade war concerns and the healthcare act could create tension for firms globally, a weaker rupee has been beneficial for the Indian IT sector. “We do not see any immediate impact…

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