Reuters editorial innovation director, London
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May 27, 2015

NSA chief urges ‘safe’ Internet under equivalent of Law of the Sea

TALLINN (Reuters) – The U.S. National Security Agency chief called on Wednesday for an “open, reliable and safe” Internet governed by international rules akin to the Law of the Sea, while deflecting critics who say NSA spying has undermined public trust in the cyberworld.

Admiral Michael Rogers spoke a few days after the U.S. Senate rejected a bill to extend spy agencies’ bulk collection of Americans’ telephone records, putting the program in doubt shortly before its expiry on June 1.

May 21, 2015

Russia warns Google, Twitter and Facebook on law violations

MOSCOW/FRANKFURT (Reuters) – Russia’s media watchdog has written to Google, Twitter and Facebook warning them against violating Russian Internet laws and a spokesman said on Thursday they risk being blocked if they do not comply with the rules.

Roskomnadzor said it had sent letters this week to the three U.S.-based Internet firms asking them to comply with Internet laws which critics of President Vladimir Putin have decried as censorship. 

May 21, 2015

Not so fast: connected cars could cause data traffic jams

FRANKFURT (Reuters) – Traffic jams in the future could cause potentially dangerous data snarl-ups as cars packed with entertainment, safety and navigation features vie for airwaves with smartphones, tablets and networked features in other vehicles, according to a study.

By 2024, mobile networks will see machine-to-machine (M2M) connections jump 10-fold to 2.3 billion from 250 million in 2014. Half these links will be automotive, said the study published on Thursday by Machina Research.

May 15, 2015

Wacker Chemie’s Siltronic aims for IPO before summer

FRANKFURT, May 15 (Reuters) – Siltronic, the world’s
third-largest maker of the silicon wafers used in semiconductor
chips, aims to raise over 150 million euros ($170 million) by
listing its shares in coming months, it said on Friday.

Siltronic, owned by German specialty chemicals maker Wacker
Chemie, is seeking to capitalise on a modest rebound
in its finances following years of steep declines.

May 12, 2015

STMicro vows to fix flagging digital products unit

LONDON, May 12 (Reuters) – Franco-Italian chipmaker
STMicroelectronics promised on Tuesday to take a more
aggressive approach to staunching losses at its troubled Digital
Products Group, scrutinising individual businesses and
“exploring options” for the division as a whole.

ST, Europe’s largest semiconductor maker, used its annual
Investor Day meeting in London on Tuesday to address questions
hanging over its flagging digital products division, which
accounted for 15 percent of the company’s revenue last year.

May 5, 2015

Rocket Internet posts 31 pct rise in portfolio value since IPO

WALLDORF, Germany, May 5 (Reuters) – German e-commerce
company Rocket Internet on Tuesday reported that the
loan portfolio value of its investments has risen by 2.0 billion
euros since its initial public offering in October, due in part
to its push into online takeaway delivery.

Ahead of its IPO, the company had reported a loan portfolio
value (LPV) of 4.47 billion euros ($4.96 billion) for its top 11
companies, which it describes as “proven winners”. Rocket only
discloses the financial performance of its top dozen or so
companies.

Apr 30, 2015

STMicro posts light Q1 results while cautious on Q2 pickup

FRANKFURT, April 30 (Reuters) – Franco-Italian semiconductor
maker STMicroelectronics posted slightly
weaker-than-expected first-quarter results on Thursday and
warned that it anticipated little pickup in the current quarter,
even including expected currency benefits.

The company reported a decline in quarterly revenue of 6.5
percent from the year-ago quarter to $1.71 billion, at the low
end of the company’s previous guidance to expect a decrease of
around 5 percent, plus or minus 3.5 percentage points.

Apr 28, 2015

Orange confirms targets after posting in-line first-quarter results

PARIS/FRANKFURT (Reuters) – Orange SA (ORAN.PA: Quote, Profile, Research), France’s largest telecom operator, posted slightly lower quarterly results on Tuesday that were largely in line with expectations as mobile subscriber growth and expense cuts failed to offset higher network spending and other costs.

Orange said revenue fell 0.9 percent to 9.67 billion euros (7 billion pounds), topping the company-compiled average analyst estimate of 9.63 billion, but restated core profit fell 1.9 percent to 2.92 billion, shy of the 2.94 billion poll average.

Apr 28, 2015

Orange confirms targets after posting in-line Q1 results

PARIS/FRANKFURT, April 28 (Reuters) – Orange SA,
France’s largest telecom operator, posted slightly lower
quarterly results on Tuesday that were largely in line with
expectations as mobile subscriber growth and expense cuts failed
to offset higher network spending and other costs.

Orange said revenue fell 0.9 percent to 9.67 billion euros
($10.52 billion), topping the company-compiled average analyst
estimate of 9.63 billion, but restated core profit fell 1.9
percent to 2.92 billion, shy of the 2.94 billion poll average.

Apr 24, 2015

EU antitrust case against Google based on 19 complainants-sources

BRUSSELS/BERLIN, April 24 (Reuters) – The European Union’s
decision to take on Google last week stems from
offical complaints by 19 companies in Europe and the United
States, including Microsoft and a number of small
firms, people familiar with the matter said on Friday.

The list of complainants in the European Commission’s charge
sheet, which includes companies not directly involved in the
charges around Google’s shopping service, would make it easier
for the regulator to expand the case beyond its preliminary
focus on price-comparison shopping sites.

    • 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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