WASHINGTON (Reuters) – U.S. regulators on Thursday raised the standard for high-speed Internet, voting that only connections with download speeds of 25 megabits per second or faster will qualify as broadband, meaning fewer parts of the United States have broadband access.
The logo of Alibaba Group is seen inside the company’s headquarters in Hangzhou, Zhejiang province early November 11, 2014.
(Reuters) – Information technology and outsourcing services provider CGI Group Inc (GIBa.TO ) posted a 25 percent rise in quarterly profit, helped by lower expenses and higher earnings from the United States and the UK.
TEL AVIV (Reuters) – ClickTale, whose software enables website owners to see how people behave on their sites, has raised $35 million in a funding round led by KKR (KKR.N ), marking the U.S. private equity firm’s first investment in Israel’s tech sector.
(Reuters) – Apple Inc (AAPL.O ) quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history.
TOKYO (Reuters) – Sony Corp plans to cut around 1,000 additional jobs in its struggling smartphone division as it tries to bring its electronics business back into the black, sources said on Wednesday.