Software & IT services

IBM

IBM launches Watson system for research, hopes for breakthroughs

International Business Machines Corp on Wednesday launched a computer system that can quickly identify patterns in massive amounts of data, an ability that IBM said should hasten breakthroughs in science and medical research.

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Satya Nadella

Microsoft CEO Nadella to visit China amid antitrust probe - source

Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company.

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An employee of mobile messenger Kakao Talk shows the game 'Anipang'

South Korea's Daum, Kakao shareholders approve merger

Shareholders of South Korean internet portal operator Daum Communications Corp and messaging app company Kakao Corp on Wednesday approved a merger of the two firms in an all-stock deal that values Kakao at more than $3 billion.

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Transportation app Uber

Berlin bans car service Uber

Berlin has banned car service Uber, which allows users to summon a ride on their smartphone, for not offering drivers and vehicles licensed to carry passengers, or full insurance cover, the German capital said.

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Google

Google buys video-processing service provider Zync Render

Google Inc (GOOGL.O) said it bought Zync Render, the visual effects cloud-rendering technology company behind "Star Trek Into Darkness". Rendering is the process of generating an image from a 2D or 3D model, or models, using computer programs.

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Microsoft Corp

Chinese antitrust regulator targets Microsoft's web browser, media player

Microsoft Corp's (MSFT.O) internet browser and media player are being targeted in a Chinese antitrust probe, raising the prospect of China revisiting the software bundling issue at the heart of past antitrust complaints against the firm in the West.

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Amazon Kindle tablets

Amazon snaps up live video startup Twitch for $970 million

Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos' resolve to transform Amazon into an Internet destination beyond its core retail operations.

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Customer testing iPhone 5C in China

China targets own operating system to take on likes of Microsoft, Google

China could have a new homegrown operating system by October to take on imported rivals such as Microsoft Corp, Google Inc and Apple Inc, Xinhua news agency said on Sunday.

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Intuit Turbo Tax software software filing package

Intuit forecasts much bigger loss for current quarter

Intuit Inc, the developer of tax-preparation software TurboTax, forecast a much bigger first-quarter loss, citing restructuring in its small business group unit. The company forecast a current-quarter loss of 36-37 cents per share. It reported a loss of 4 cents in the same quarter a year earlier.

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eBay

EBay considering PayPal spinoff - report

EBay Inc (EBAY.O) is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources. Shares of the online retailer jumped nearly 4 percent to $55.48 at midday.

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Qualcomm advertising logo

China taps South Korea for ideas in Qualcomm antitrust case

Chinese antitrust officials have met with their South Korean counterparts to discuss violations by U.S. chipmakerQualcomm Inc (QCOM.O), sources said, as Beijing reaches out to regulators overseas to complete a case that could result in record fines at home.

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The Nokia X

Opera's Mini browser to be installed on Microsoft phones

Norwegian software maker Opera signed a deal to take over the browser building unit of Microsoft's Nokia mobile phone unit and reported second-quarter earnings above expectations on Thursday, sending it shares sharply higher.

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Jenaro Garcia Martin

Web of lies: How a Spanish tech star fooled the world

For nearly 10 years, Spanish internet company Let's Gowex SA said it was making money by providing public wi-fi in cities around the world. Most of the contracts, it now emerges, never existed.

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Figure 1

Medical imagery app Figure 1 gets CA$ 4 million in Series A

Toronto-based startup Figure 1 raised CA$ 4 million in Series A from its investors including Rho Canada Ventures, Union Square Ventures, and Version One Ventures.

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Tydy

Tydy pockets $138,000 from angel investors

Tydy managed to raise $138,000 in angel funding from the online platform, LetsVenture. Participating in the round are investors, Hareesh Ramana, Nikhil Ramanlal, Bhupen Shah from Silicon Valley and others.

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