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.

3:31am EDT

BMW production chief says could imagine building a car for Apple

FRANKFURT - BMW is open to building cars for other companies such as Google or Apple, the automaker's production chief said on Wednesday.

6:25am 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

Ex-LinkedIn exec Deep Nishar joins SoftBank as a managing director

TOKYO - SoftBank Group Corp said on Wednesday it had hired former LinkedIn Corp executive Deep Nishar as managing director of investments as the Japanese telecoms conglomerate targets growth overseas to counter a shrinking domestic market.

6:10am EDT