Today's Top Technology Headlines
- U.S. government probes medical devices for possible cyber flaws
By Jim Finkle BOSTON (Reuters) - The U.S. Department of Homeland Security is investigating about two dozen cases of suspected cybersecurity flaws in medical devices and hospital equipment that officials fear could be exploited by hackers, a senior official at the agency told Reuters. ...
- Lufthansa close to deal with IBM for IT infrastructure unit
BERLIN/FRANKFURT (Reuters) - German airline Lufthansa is close to a deal to sell its IT infrastructure unit to IBM , including an outsourcing agreement for the services, as part of a shake-up of its technology activities, it said on Wednesday. Europe's largest airline by revenue is undergoing restructuring and cost-cutting efforts to better position itself to compete with low-cost carriers and Gulf rivals. ...
- Hungary plans to impose new tax on Internet traffic
BUDAPEST (Reuters) - Hungary's government plans to levy a new tax on Internet data transfers, according to the draft 2015 tax bill submitted to parliament late on Tuesday, which could hit Internet providers and the country's telecommunications companies. The draft tax code contains a provision for Internet providers to pay 150 forints (60 US cents) in tax per gigabyte of data traffic, but would also allow companies to offset corporate income tax against the Internet tax. ...
- Yahoo ekes out third quarter revenue gain despite display ad weakness
By Alexei Oreskovic SAN FRANCISCO (Reuters) - Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company's online display advertising business continued to struggle. Shares of Yahoo rose 1.1 percent to $40.61 in extended trading on Tuesday. “This is a continuation of what we’ve seen for most of the last two years," said Pivotal Research Group analyst Brian Wieser, citing the ongoing weakness in the display advertising business. Yahoo's revenue, excluding fees shared with partner websites, was $1. ...
- Hitachi Maxell cuts profit forecast, reduces headcount in battery unit
TOKYO (Reuters) - Hitachi Maxell Ltd cut its annual operating profit forecast by 40 percent to 5.1 billion yen ($48 million) on Wednesday and said it would reduce headcount in its lithium ion battery business after high-end smartphone sales sagged. The Japanese electronics maker, which supplies lithium ion batteries for Samsung Electronics Co Ltd's smartphones, said it would offer voluntary retirement packages to 130 staff over 40-years old at the end of Feb 2015 and outsource an increased proportion of batteries after that. ...
- SoftBank leads $100 million investment in Indonesian ecommerce firm Tokopedia
By Teppei Kasai TOKYO (Reuters) - SoftBank Corp announced Wednesday it will lead a $100 million investment round in Indonesian ecommerce giant PT Tokopedia, the Japanese mobile carrier's third investment overseas under Vice Chairman Nikesh Arora. SoftBank's newly formed SoftBank Internet and Media, Inc. (SIMI), led by Arora, will invest about $100 million in a funding round with Sequoia Capital and existing shareholder SB Pan Asia Fund in PT Tokopedia. Representatives from SIMI and Sequoia Capital will also join the Indonesian firm's board of directors, Softbank said. ...
- Lufthansa says winter capacity to rise by 2.9 percent
BERLIN (Reuters) - Lufthansa said it will be offering 2.9 percent more seats for the 2014/2015 winter schedule, a slight increase on previous plans for a 2 percent increase. While the number of flights is going down by 2.9 percent, employing larger aircraft has resulted in the increase in capacity - as measured in available seat-kilometers - Europe's largest airline by revenue said in a statement on Wednesday. Lufthansa had initially planned to increase capacity by 4 percent for the winter, but halved those plans after an influx of capacity in the first half put pressure on prices. ...
- IKEA captures shopping horror with halloween tribute to 'The Shining'
IKEAs are terrifying. The thought of spending a weekend inside the Swedish furniture giant is the stuff of nightmares for many. IKEA Singapore takes the idea one step further by incorporating the famous Big Wheel scene from The Shining. Watch as an adorable kid wheels slowly through a dimly lit labyrinth of sofas and high-end tables, even as lights flicker and skeletons sup in designer kitchens. Gasp at the excellent camera work, and make sure to watch the clip all the way to the end. It's not quite as slyly creative as HORRORSTÖR, but the finale is adorable enough to justify the extra time.
- Apple Maps now lets small business owners add their own info
- Moto 360's latest update brings better battery life and mood lighting
- Watch baby geese gliding down a cliffside in the BBC's latest 4K documentary
- Apple co-founder to mentor at Australian university
- Scammers exploit Ebola panic with malware and spam because everything is awful
Cybercriminals and spammers are once again taking advantage of a frightened public, unleashing malware designed to capitalize on the recent Ebola panic. The attacks include fake safety tips from the World Health Organization (WHO), an advisory from the Mexican government, and a swathe of spam with sensationalist subject lines.
- Hong Kong netizens lampoon government negotiators
Hong Kong (AFP) - Hong Kong government negotiators who sat down to crunch talks with student leaders have become figures of online derision with netizens mocking them as empty vases, garbage bins and Teletubbies.
- Take an action flight over Paris on the back of an eagle