Microsoft beats Wall Street view on high demand for cloud products

Quarterly revenue and profits exceed analysts' expectations, however total revenue is down.

Reuters

(Reuters) : Microsoft Corp reported quarterly revenue and profit that beat analysts' expectations, driven by aggressive cost cutting and growing demand for its cloud products and services.

Ericsson's cost cutting regime helps it meet forecasts

Focus on lifting profits by paring costs as demand shifts to upgrades of existing capacity

Reuters

STOCKHOLM (Reuters) - Swedish mobile gear maker Ericsson said it is ready to cut more costs if needed after lower expenses, patent fees and a sales recovery in China helped it meet forecasts for quarterly operating profit on Wednesday.

Ericsson's focus on lifting profits by paring costs comes as demand in its biggest markets shifts to upgrades of existing capacity rather than building new, next-generation networks.

Companies look beyond firewalls in cyber battle with hackers

Remains to be seen whether early stage technology will be good enough to outfox hackers

Reuters

TEL AVIV (Reuters) - With firewalls no longer seen as enough of a defense against security breaches, companies are looking at new tools to foil hackers trying to enter a computer network.

U.S. and Israeli startups are leading the way, with new approaches such as "honeytraps" that lure a hacker to fake data or "polymorphic" technology that constantly changes the structure of applications running on a computer.

Some of the technology is still in the early stages and it remains to be seen whether it will be good enough to outfox the hackers.

Verizon adds 1.5 million new monthly users; revenue beats estimates

Like its rivals, Verizon has switched two-year customer contracts to monthly plans

Reuters

(Reuters) - Verizon Communications Inc on Thursday reported higher-than-expected revenue for the fourth quarter as heavy promotions helped it counter aggressive offers and discounts from rivals and win new users.

Shares of the No. 1 U.S. wireless phone service provider, whose profit edged past analysts' estimates, rose 2.7 percent to $45.63 in morning trading.

U.S. and EU firms warn of 'enormous' consequences if data pact talks fail

Business groups warn that all data transfer mechanisms are in jeopardy as a result of recent EU ruling

Reuters

BRUSSELS/WASHINGTON (Reuters) - The two largest American and European trade groups have warned of "enormous" consequences for thousands of businesses and millions of users if Brussels and Washington fail to wrap up talks on a data transfer pact by the end of the month.

The United States and Washington accelerated negotiations on a new framework enabling firms to easily transfer personal data across the Atlantic after the previous one was struck down by a top EU court last year on concerns about U.S. snooping.

NSA says new phone spying program meets privacy safeguards

Some privacy advocates expressed skepticism at Friday’s report

Reuters

WASHINGTON (Reuters) - A new system for collecting domestic telephone records meets several privacy and civil liberties benchmarks, the U.S. National Security Agency said on Friday.

Slowing data center revenue growth dims Intel's profit beat

Quarterly profit overshadowed by slowing growth in its highly profitable data center business

Reuters

(Reuters) - Intel Corp's strong quarterly profit beat was overshadowed by concerns about slowing revenue growth in its highly profitable data center business, sending its shares down about 5.6 percent in after-market trading.

Chief Executive Brian Krzanich has looked to weather a slump in demand for chips used in personal computers by focusing on the business of supplying chips for high-end servers.

U.S. official sees more cyber attacks on industrial control systems

Increase in attacks linked to number of control systems directly connected to the Internet

Reuters

MIAMI (Reuters) - A U.S. government cyber security official warned that authorities have seen an increase in attacks that penetrate industrial control system networks over the past year, and said they are vulnerable because they are exposed to the Internet.

Industrial control systems are computers that control operations of industrial processes, from energy plants and steel mills to cookie factories and breweries.

Cisco tries to bolster cloud credentials with new monitoring tool

Company has been trying to beef up its offerings for increasingly Internet-based business culture

Reuters

SAN FRANCISCO (Reuters) - When Cisco introduces its latest product on Wednesday, a tool for monitoring how employees use third-party software, it aims to bolster its offerings in the “cloud,” meaning Internet-delivered services. It also has information technology specialists like Robert Florescu in mind.

The head of Information technology at New York City-area urgent-care provider CityMD, Florescu must deal with complicated regulations around the privacy of patient data, on top of network security.

Critical Upgrade: Preparing Networks for 5G and the Internet of Things

Recent advancements in radio transmission technologies have taken a big step in the right direction

As the Internet of Things ushers in a new era of connectivity, service providers have found themselves in a race to bolster their existing infrastructure in order to meet the growing demands of bandwidth-hungry end users and their connected devices. At the same time however, the mobile nature of IoT-enabled devices means that fiber, which has long been viewed as the foundation of modern high-capacity networks, is often no longer an option for introducing the necessary high bandwidth and lower latency to these networks.

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