Internet News Headlines

Apple working with NXP for pay-by-touch technology in new iPhone-FT


- Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications (NFC) technology into the next iPhone, which would enable smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.

9:48am BST

Alibaba opens fifth data centre for public cloud business


BEIJING - Alibaba Group Holding Ltd said on Friday it will open a fifth data centre in Shenzhen to service AliCloud, the latest sign of its growing investment in the small but potentially lucrative cloud computing business.

5:18am BST

Fujitsu says UMC to take 9.3 percent stake in new foundry venture


TOKYO - Japan's Fujitsu Ltd said on Friday that United Microelectronics Corp of Taiwan would make an initial investment of 5 billion yen (28.93 million pounds) for a 9.3 percent stake in its new foundry venture in central Japan.

7:58am BST

U.S. banking group says unaware of any 'significant' cyber attack


BOSTON - An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any "significant" cyber attacks, downplaying concerns about possible breaches at JPMorgan Chase & Co and other banks. | Video

Business, Cyber Crime 2:15am BST

Google tests airborne drones to deliver goods


SAN FRANCISCO - Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday.

1:50am BST

Google's Megan Smith considered top choice for U.S. technology chief - Bloomberg


- Longtime Google Inc executive Megan Smith is a top candidate for the role of United States' chief technology officer, Bloomberg reported on Thursday, citing people familiar with the matter.

12:02am BST

Singapore's STATS ChipPAC shares jump to near three and a half year high

SINGAPORE - Shares in Singapore's STATS ChipPAC Ltd jumped as much as 17 percent to S$0.775 (0.37 pounds) on Friday, the highest since March 2011, on course for their biggest weekly rally in nearly three months.

8:11am BST

Bwin.Party plans more cost cuts, new strategy

LONDON - Online gambling company Bwin.Party said it planned further cost cuts and a new programme to boost its commercial focus after a further decline in profits.

7:53am BST

U.S. startups get OK for smartphone-based heart tracking

SAN FRANCISCO - For a growing U.S. ageing population, tracking heart health via a smartphone can mean the difference between life and death.

12:26am BST

China's Wanda, Tencent, Baidu to set up $814 million e-commerce co


BEIJING - China's Dalian Wanda group and Tencent Holdings Ltd said on Friday they would set up a 5 billion yuan (490.84 million pound) e-commerce joint venture with Baidu Inc, as the firms push into the high-growth e-commerce sector.

5:25am BST

UK’s strong GDP has a soft centre

The headline - 0.8 percent second-quarter growth - sounds good. But construction shrank and industrial production was weak. Only services were strong. It sounds like a warning of future problems. Expectations of a UK interest rate rise may be delayed, leading the pound down.