Reuters editorial innovation director, London
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Oct 20, 2014

Faster ‘cloud’ orders for SAP hurt 2014 profit outlook

FRANKFURT (Reuters) – German software maker SAP (SAPG.DE: Quote, Profile, Research, Stock Buzz) cut its 2014 operating profit forecast on Monday as customers shifted faster than expected to products delivered over the Internet, delaying when those orders can be booked as sales.

Company executives said the accelerating switch from packaged software to so-called “cloud” software would shave about 200 million euros off a previous profit forecast, but that cloud contracts would bolster sales and profit in the future.

Oct 16, 2014
Oct 16, 2014

‘Malvertising’ targets U.S. military firms in new twist on old web threat

AMSTERDAM (Reuters) – A surge in malware disguised as online advertisements aimed at unsuspecting web users has hit major U.S. military contractors in the past few weeks, marking a dangerous twist on a decade-old scourge for advertisers, security researchers said on Thursday.

Researchers from Fairfax, Virginia-based security software company Invincea said they had documented new uses of so-called “malvertising” to carry out highly-targeted cyber espionage campaigns against three firms in the military-industrial arena.

Oct 15, 2014

U.S. chipmaker Qualcomm hopes for knock-out blow with $2.5 billion CSR bid

LONDON/FRANKFURT (Reuters) – U.S. Qualcomm Inc (QCOM.O: Quote, Profile, Research, Stock Buzz) agreed to buy CSR Plc (CSR.L: Quote, Profile, Research, Stock Buzz) for $2.5 billion, offering what it hopes is a knock-out blow to win the British Bluetooth specialist which is growing in areas like automotive and wearable devices.

Qualcomm, the world’s number one mobile chipmaker, has agreed to pay 900 pence a share in cash for CSR, a 56.5 percent premium on the share price before the start of the offer period in August, CSR said on Wednesday.

Oct 14, 2014

French bank turns to Twitter for money transfers

PARIS/FRANKFURT (Reuters) – One of France’s largest banks launched a service on Tuesday to allow its customers to transfer money to other people via tweets on social network Twitter Inc. (TWTR.N: Quote, Profile, Research, Stock Buzz).

The move by Groupe BPCE [BPCE.UL], France’s second largest bank by customers, is an effort to attract attention and users to its S-Money mobile payments unit, which already allows people to transfer money over mobile phones via text message.

Oct 12, 2014

French bank, Twitter team up for money transfers via tweets

PARIS/FRANKFURT (Reuters) – One of France’s largest banks is teaming up with social network Twitter Inc. (TWTR.N: Quote, Profile, Research, Stock Buzz) this week to allow its customers to transfer money via tweets.

The move by Groupe BPCE [BPCE.UL], France’s second largest bank by customers, coincides with Twitter’s own push into the world of online payments as the social network seeks new sources of revenue beyond advertising.

Oct 10, 2014

Warnings from chipmakers point to wider economic slowdown

FRANKFURT (Reuters) – Demand for electronics devices is weakening, according to circuit makers at the base of the industry’s food chain, suggesting a long-predicted slowdown in global economic growth may be coming to pass.

September, the peak month for shipping tiny chips used to build everything from appliances to cars to phones and office equipment if they are to reach consumers and businesses by year end, has not seen its typical pickup after the summer holidays.

Oct 7, 2014

‘Hairgate’: iPhone hit by new social media storm

FRANKFURT (Reuters) – First there was bendgate… now brace yourself for hairgate.

Fresh from the online uproar over whether the shiny new iPhone 6 bends when carried around in pockets, Apple has been hit by a new complaint – that the handset traps users’ hair or beards when they make calls.

Oct 7, 2014

Popular electricity smart meters in Spain can be hacked, researchers say

FRANKFURT (Reuters) – Network-connected electricity meters installed in millions of homes across Spain lack essential security controls, according to two researchers who say the vulnerabilities leave room for hackers to carry out billing fraud or even cause blackouts.

    Security experts Javier Vazquez Vidal and Alberto Garcia Illera said in an interview on Monday that so-called smart meters installed by a Spanish utility to meet government energy efficiency goals lack basic safeguards to thwart hackers.

Oct 6, 2014

Truphone ramps up expansion plans after costly transformation

FRANKFURT, Oct 6 (Reuters) – Telecoms company Truphone will
forge ahead with rapid expansion of its ground-breaking new
business model, its chief executive said on Monday, as it seeks
to reverse deepening losses stemming from heavy investment in
the reinvention of its global network.

Previously known for its smartphone app for low-cost
internet calls, Truphone has spent 200 million pounds since 2011
rewiring itself into a network for frequent business travellers
and regular international callers.

    • About Eric

      "Eric Auchard is editiorial innovation director at Reuters News. He builds tools to help journalists at the world's largest news organization report, edit and present the news. In 2009, Eric was a technology investment columnist for Reuters. Previously, he was the chief technology correspondent from 2000 to 2008. His main focus was covering consumer Internet trends, global technology competition and emerging technologies. He has worked for Reuters covering technology news since 1993. He began covering politics for Reuters in in California in 1992, then moved to Washington. He moved to New York and switched to technology writing for Reuters late in 1993. ..."
      Joined Reuters:
      1993
      Languages:
      English
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