Technology 

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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Walgreens and Microsoft partner to develop digital healthcare services

(Reuters) – Drugstore chain Walgreens Boots Alliance Inc and Microsoft Corp said on Tuesday they have entered a seven-year agreement to research and develop new methods of delivering healthcare services through digital devices. As a part of the deal, the companies will focus on virtually connecting people with Walgreens stores and provide services on therapeutic areas ranging from preventative self-care to chronic disease management. Early last year, Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co had said they will form a company that could eventually negotiate directly with…

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Ericsson books charge as it rethinks Digital Services strategy

STOCKHOLM (Reuters) – Sweden’s Ericsson said it will book a 6.1 billion crown ($687 million) charge for the fourth quarter after a failed revamp of its loss-making Business Support System unit (BSS), as it seeks to protect its profitability targets. FILE PHOTO: The Ericsson logo is seen at the Ericsson’s headquarters in Stockholm, Sweden June 14, 2018. REUTERS/Olof Swahnberg/File Photo The mobile telecom equipment maker said it would now implement a fresh strategy for BSS, which is part of its Digital Services business and provides real-time charging and billing products.…

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India’s Tata Consultancy Services posts record quarterly profit

Tata Consultancy Services (TCS) Chief Executive Officer Rajesh Gopinathan attends a news conference announcing the company’s quarterly results in Mumbai, India, January 10, 2019. REUTERS/Francis Mascarenhas (Reuters) – Tata Consultancy Services Ltd (TCS.NS), India’s biggest listed company by market capitalization, reported a record quarterly net profit, helped by gains in Banking, Financial services and Insurance (BFSI) segment. In a seasonally weak quarter for Indian IT firms due to year-end holidays, TCS posted a profit of 81.05 billion rupees ($1.15 billion) for the Oct-Dec period, up from 65.31 billion rupees a…

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Huawei’s kit removed from emergency services 4G network

Image copyright Getty Images Image caption The 4G-based Emergency Services Network should be less costly to run than the existing system used by police BT has confirmed that equipment made by Huawei is being removed from the heart of a communication system being developed for the UK’s police forces and other emergency services. It follows a statement from BT earlier this month that it was swapping out the Chinese firm’s kit from the “core” of its 3G and 4G mobile networks. The Sunday Telegraph was first to report the latest…

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Birmingham Airport: Services halted amid air traffic control fault

Services have been suspended at Birmingham Airport due to an air traffic control fault. Passengers are being advised to check flight departures and arrivals after the problem was reported earlier. The airport said: “We are working to resolve the issue as soon as possible. We apologise for the inconvenience this is causing to our passengers.” Source link

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Services mark Lockerbie bombing 30th anniversary

Image copyright Reuters Image caption The Lockerbie bombing claimed the lives of 270 people on 21 December 1988 Services are to be held in Scotland and the US to remember the victims of the Lockerbie bombing 30 years on. Wreaths will be laid at a memorial garden in Lockerbie to honour the 270 people killed when Pan Am Flight 103 was blown up on 21 December 1988. A message from the Queen marking the “solemn anniversary” will also be read out at the memorial. Eleven people in Lockerbie died along…

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Grenfell Tower: Fire services had no high-rise evacuation plans

Image copyright Getty Images Image caption Government guidance says services should develop evacuation plans Britain’s fire services had no plans for evacuating a high-rise building at the time of the Grenfell disaster, the Fire Brigades Union has said. It told the public inquiry into last year’s fire that despite government recommendations most services had no strategy suitable for tall buildings. The need for evacuation plans has become central to the first phase of the public inquiry. A total of 72 people died in the west London fire in June 2017.…

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SoftBank mobile services disrupted ahead of bumper IPO, shares drop

FILE PHOTO – A woman using a mobile phone walks past the logo of SoftBank Corp in Tokyo May 11, 2015. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – SoftBank Group Corp’s mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially raise $21 billion. Shares of the group fell as much as 6 percent after the news, pressured also by a broader sell off in stocks following the arrest of a…

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Tencent, Line to tie up in Japan mobile payment services: Nikkei

FILE PHOTO: A Tencent sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 4, 2017. REUTERS/Aly Song/File Photo TOKYO (Reuters) – Tencent Holdings Ltd and Japanese chat app operator Line Corp will tie up to offer mobile payment services for small Japanese retailers aiming to attract business from Chinese tourists, the Nikkei business daily reported on Tuesday. Line will start offering mobile payment services with leased terminals compatible with Tencent’s WeChat Pay at small to mid-sized restaurants and stores starting next year, the paper…

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