Technology News


China adopts new security law to make networks, systems 'controllable'

BEIJING - China's legislature adopted a sweeping national security law on Wednesday that covers everything from territorial sovereignty to measures to tighten cyber security, a move likely to rile foreign businesses.

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Interactive Data Corp taps banks for sale or IPO: sources

- Interactive Data Corp, one of the world's largest financial data providers, has hired banks for a potential sale or an initial public offering that could value it at more than $5 billion, including debt, people familiar with the matter said on Tuesday.

Deals 30 Jun 2015

After wifi at the Taj, Modi revives campaign for 'digital' India

NEW DELHI/MUMBAI - India is reinvigorating an $18 billion campaign to provide fast internet connections for all, with a "digital week" aimed at popularizing Prime Minister Narendra Modi's campaign promise to connect 250,000 villages in India by 2019.

10:17am EDT

BMW manager: could imagine partnerships with IT firms

MUNICH - BMW is open to building cars for other companies such as Google or Apple, the automaker's production chief said on Wednesday, adding that there are currently no such talks.

10:01am EDT

UK's Playtech expands online trading with Ava Trade buy

- Playtech Plc, founded by Israeli billionaire Teddy Sagi, said it had agreed to buy currency trading platform Ava Trade for $105 million to expand its online trading platform.

10:22am EDT

China's Xiaomi names DST partner Chew as chief financial officer

BEIJING - Beijing-based smartphone maker Xiaomi Inc said on Wednesday it has hired private equity investor Shou Zi Chew as chief financial officer, further bolstering its executive ranks in a period of rapid international expansion.

12:23am EDT