Reuters - Technology Report

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Monday, October 12, 2015

Dell to buy EMC in $67 billion record tech deal, aims for cloud market

(Reuters) - Computer-maker Dell Inc struck a deal on Monday to buy data storage company EMC Corp for $67 billion, setting a record in the technology industry, as it tries to transform itself into a giant in the fast-growing market for managing and storing corporate data.

Facebook pushes shopping features in move to e-commerce

SAN FRANCISCO (Reuters) - Facebook Inc wants its users to shop for clothes and other products from their mobile phones without ever leaving its app.

Cyber insurance premiums rocket after high-profile attacks

BOSTON (Reuters) - A rash of hacking attacks on U.S. companies over the past two years has prompted insurers to massively increase cyber premiums for some companies, leaving firms that are perceived to be a high risk scrambling for cover.

Driverless buses, platoons of trucks to shape Singapore's transport future

SINGAPORE (Reuters) - Singapore unveiled its public transport future on Monday, and it was a vision of passengers commuting in driverless buses along roads and freeways populated by platoons of autonomous trucks following a single driver.

Google, others help messaging startup Symphony raise $100 million

(Reuters) - Symphony Communication Services, a messaging startup backed by Wall Street banks, said it had raised more than $100 million in a new round of funding from investors including Google, UBS Group AG and European venture capital firm Lakestar.

PepsiCo says to market mobile phones, accessories in China

(Reuters) - PepsiCo Inc said on Monday it is working with a licensing partner to market a line of mobile phones and accessories in China in the next few months.

Lockheed delivered fraction of missile defense interceptors

WASHINGTON (Reuters) - Lockheed Martin Corp delivered only three of 44 interceptors for the THAAD missile defense system in fiscal year 2015 due to a seven-month halt in production caused by computer issues, the U.S. Missile Defense Agency said.

Mayor says Jersey City, N.J. could allow Airbnb

(Reuters) - The mayor of Jersey City, New Jersey, said on Monday that his city could become the first in the New York City, tri-state area to legalize short-term housing rentals through Airbnb and similar online home-rental services.

Out of the cave and onto Facebook - the life of a modern hermit

MARKET RASEN, England (Reuters) - Like any good hermit Rachel Denton rises early in the morning to tend to her vegetable garden, feed her chickens, and pray.

Southwest Airlines still recovering from widespread delays

(Reuters) - Southwest Airlines Co is working to deliver late bags and shuttle displaced passengers after a software failure led to some 500 delays on Sunday, a spokesman said in a statement.