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WTO strikes 'landmark' $1.3 trillion deal to cut tariffs on IT products

Last Updated: Friday, July 24, 2015, 23:22

Major exporters of information technology on Friday agreed to cut global tariffs on more than 200 products, in the first such deal struck by the World Trade Organization in nearly two decades.

India should protect its own interest on ITA: NASSCOM

Last Updated: Friday, July 24, 2015, 22:58

Nasscom Friday said there was a need to protect the country's interests in services and technology even as WTO members ratified the need to change the 18-year old Information Technology Agreement (ITA).

WTO members try to seal trillion-dollar IT trade deal

Last Updated: Friday, July 24, 2015, 20:27

World Trade Organization (WTO) members met in Geneva on Friday trying to finalise a deal to cut tariffs on $1 trillion of information technology products from video games to medical equipment.

WTO members seal trillion-dollar IT trade deal

Last Updated: Friday, July 24, 2015, 10:35

World Trade Organization (WTO) members finalized a deal on Friday to cut tariffs on $1 trillion worth of information technology products in a boost for producers of goods ranging from video games to medical equipment.

Qualcomm's potential break-up could lead to courtship with Intel

Last Updated: Friday, July 24, 2015, 09:02

Intel Corp is the best suitor for Qualcomm Inc`s chip unit, if the maker of Snapdragon mobile processors decides to break itself up.

Qualcomm to cut 15% jobs, raise resources in lower-cost regions

Last Updated: Thursday, July 23, 2015, 21:19

Mobile chip maker Qualcomm has announced a massive restructuring plan that will see the company slashing 15 percent of its global head count and eliminating about USD 1.4 billion in spending as it looks to increase resources in "lower-cost regions".

TCS to set up centre on intelligent systems at IIIT Hyderabad

Last Updated: Thursday, July 23, 2015, 19:30

Software major Tata Consultancy Services (TCS) Thursday said it is establishing a FC Kohli Centre on Intelligent Systems (KCIS) at International Institute of Information Technology, Hyderabad, with an investment of Rs 20 crore.

LG Display to spend $908 million for new plastic OLED plant

Last Updated: Thursday, July 23, 2015, 11:45

South Korea`s LG Display Co Ltd said on Thursday that it will invest 1.05 trillion won ($908 million) to build a new local plastic organic light-emitting diode (OLED) display production plant, ramping up spending for the next-generation technology.

Microsoft joins effort to curb 'revenge porn'

Last Updated: Wednesday, July 22, 2015, 23:17

Microsoft announced Wednesday it was joining an effort to curb so-called "revenge porn," by helping victims remove links to sexually explicit images of them posted without their consent.

European stocks slump on China, US technology woes

Last Updated: Wednesday, July 22, 2015, 20:08

European shares sank Wednesday, with the mining sector hit by renewed concern over China and after disappointing earnings figures from US technology giants Apple, Yahoo and Microsoft.

Infosys returns to high growth path: Vishal Sikka

Last Updated: Tuesday, July 21, 2015, 18:55

Software major Infosys has turned around to get back to high growth path, thanks to a slew of technology and operational moves, said chief executive Vishal Sikka.

China LinkedIn users top 10 million

Last Updated: Tuesday, July 21, 2015, 18:31

Business-oriented social networking service LinkedIn users in China have topped 10 million, a year and a half after the network launched a Chinese version of its online services.