WASHINGTON (Reuters) - The U.S. Senate easily passed legislation on Tuesday aimed at bolstering the country’s cyber defenses, advancing the first serious attempt in Congress to combat computer hacks that have hit a growing number of businesses and government agencies in recent years.
The industry regards SDN as a simple but powerful concept that will reform data networking. But the idea behind SDN is not brand-new. Twenty-five years ago, telephone networks underwent a similar revolution called "intelligent networks" (IN). Read more...
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STOCKHOLM/FRANKFURT (Reuters) - Slowing demand for new mobile networks in China pushed third quarter sales and profit for Sweden's Ericsson below forecasts and reinforced concerns that another major growth market had passed its peak.
Like-for-like sales at Ericsson, the world's biggest maker of mobile telecoms network equipment, dropped 9 percent in the third quarter, with declines in China and Europe.
(Reuters) - Google parent Alphabet Inc, Microsoft Corp and Amazon.com Inc made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday.
Shares of all three surged in early trading, adding more than $120 billion to their combined market value - more than the gross domestic product of Morocco.
For Alphabet, search traffic on mobiles surpassed desktop traffic worldwide for the first time, while Amazon was able to boost margins, an area of concern, as its cloud business boomed.
WASHINGTON (Reuters) - The U.S. Senate on Tuesday began debating a long-delayed bill that would make it easier for corporations to share information about cyber attacks with each other or the government without concern about lawsuits.
Senate Republican Majority Leader Mitch McConnell said the Senate could pass the bill within days. "We intend to pass the cyber security bill," he told reporters, "hopefully by early next week."
WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Friday released opening bid prices for its airwaves auction in a public notice and also set the dates for broadcasters to file applications for the auction.
LONDON (Reuters) - Companies could face action from European privacy regulators if the European Commission and United States do not come up with a new system enabling them to shuffle data across the Atlantic in three months, the regulators said on Friday.
The highest EU court last week struck down a system known as Safe Harbour used by over 4,000 firms to transfer personal data to the United States, leaving companies without alternatives scrambling to put new legal measures in place to ensure everyday business could continue.
BEIJING/HELSINKI (Reuters) - China's Ministry of Commerce on Monday approved Nokia's proposed acquisition of French rival Alcatel-Lucent with conditions, almost completing the 15.6 billion euro ($17.6 billion) deal's antitrust process.
The ministry said the Finnish telecom network equipment maker had agreed to meet certain terms by Dec. 10, mainly relating to the use of wireless telecommunication standards and patent licensing.
(Reuters) - Intel Corp's move to cut growth forecast for its highly profitable business that makes chips used in data centers may have disappointed investors, but analysts see the unit rebounding next year as more users take to cloud services.
Expanding the business is critical to Intel's efforts to reducing its dependence on the PC market, which has been shrinking for almost four years. Buying Altera Corp earlier this year was a step in this direction.
MEXICO CITY (Reuters) - Mexican telecoms regulator IFT said earlier this week that it will force Telmex to offer competitors better terms as it seeks to open up its local network, part of an effort to increase competition in a sector dominated by billionaire Carlos Slim.
The move will require Telmex, owned by Slim's America Movil, to modify the terms and conditions under which it will let other companies use part of its vast fixed line infrastructure.