BlackBerry is bulking up its security assets with the acquisition of anti-eavesdropping firm Secusmart, which developed technology to protect the smartphones of German government officials, including Chancellor Angela Merkel.
MONTREAL - Amaya Gaming Group Inc. says its proposed US$4.9-billion bid to buyer the world's largest online poker company, operator of PokerStars and Full Tilt Poker, has received approval from the gaming regulatory authorities.
SEOUL, South Korea - Samsung Electronics Co. said Monday it is delaying sales of its first Tizen-powered smartphone in the latest setback to the company's ambition to create a mobile platform to rival Google's Android or Apple's iOS.
REDMOND, Wash. - Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units — Nokia phones and Bing search — would become profitable in 2016.
SAN FRANCISCO - Apple's growth prospects are looking brighter as anticipation builds for the upcoming release of the next iPhone, a model that is expected to cater to consumers yearning for a bigger screen.
OTTAWA - TV on-demand software company Espial Group Inc. has more than doubled its second-quarter revenues to $4.7 million quarter and turned in a profit compared with a loss in the same quarter last year.
REDMOND, Wash. - Microsoft Corp. reported fourth-quarter earnings that took a hit from the Nokia devices business that it bought in April, but the company said growth in Internet-based computing services to businesses boosted results.
SAN FRANCISCO - In a story July 17 about the retirement of longtime Apple Inc. director Bill Campbell, The Associated Press reported erroneously that late Apple CEO Steve Jobs had battled prostate cancer. Jobs was diagnosed with pancreatic cancer.
LOS ANGELES, Calif. - Microsoft announced the biggest layoffs in its 39-year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to make its own devices.
Microsoft Executive Vice-President Stephen Elop sent employees of the company's devices business a memo detailing its job cut plans. Microsoft said it would cut up to 18,000 jobs over the next year, with about 12,500 related to Microsoft's acquisition of Nokia's phone business in April. Elop was Nokia's CEO before the acquisition. Here's his memo.
Microsoft announced Thursday that it will cut up to 18,000 jobs, or about 14 per cent of its staff. CEO Satya Nadella, who took the job in February, delivered the news to staff in a memo that Microsoft released publicly. Here's the text of that memo:
REDMOND, Wash. - Microsoft is cutting up to 18,000 jobs, about 14 per cent of its staff, over the next year as it works to cut down on management layers and integrate the Nokia devices business it bought in April.
TORONTO - Shares of BlackBerry (TSX:BB) took a beating Wednesday after details emerged on partnership between two of the world's biggest technology companies — Apple and IBM — that will cater to business customers.
Lionsgate Entertainment Corp. (NYSE:LGF) is getting into the streaming movie business with Chinese e-commerce operator Alibaba Group Holding as part of a deal to provide access to hit movies like "The Hunger Games" and "Twilight" franchises.