DHAKA: Sony on Thursday said it would cut 5,000 jobs from its workforce, saving more than US$1 billion annually.This cut will come as the Japanese electronics giant undergoes a painful restructuring, The Straits Times reports.The job losses, about 1,500 in Japan and 3,500 overseas, were
DHAKA: The European Commission accepted on Wednesday the latest proposals by US giant Google to remedy complaints it abuses its dominant position in the Internet search market, opening the way to a settlement.‘I believe that the new proposal obtained from Google after long and difficult
DHAKA: India on Wednesday cheered the appointment of Satya Nadella as the new chief executive of Microsoft, the latest example of an Indian-born exec rising to the top of the US corporate world. Nadella, who became the giant company’s third CEO on Tuesday, was born and grew up in
DHAKA: The number of Bangladesh’s mobile-phone subscribers reached nearly 114 million at the end of December 2013 with addition of 16.604 million new users in the immediate past year, statistics of the country`s telecom regulator showed Monday, reports Shanghaidaily. With 1.042
DHAKA: As Facebook celebrates its 10th anniversary, the world’s biggest social network is finding its path as a maturing company, adapting to an aging user base. The company created in a Harvard dorm room in 2004 has established itself as a phenomenon, securing its place in the
DHAKA: Twitter is exploring ways to sell products directly from the 140-character missives the one-to-many text messaging service site is famous for, a technology news site has reported. Re/Code on Friday posted a screen shot of what this new service could look like, integrated into the
DHAKA: Kaspersky Lab launches the latest version of ‘Kaspersky Small Office Security’ in Bangladesh.This award winning IT protection for business aims at protection for small offices having one Server and 5 or 10 workstations in a Windows Server network environment, a Kaspersky
DHAKA: Google and EU regulators are close to settling a three-year antitrust investigation into the company’s suspected anti-competitive behavior after it offered improved concessions to allay competition concerns.Two sources said, reports The Straits Times.A settlement under the
DHAKA: Bharti Airtel announced further changes in its international management, eliminating the role of CEO International.Following the appointment of Christian de Faria as head of the African operations last year, Gopal Vittal, currently managing director and CEO of the India activities,
DHAKA: Yahoo! reported fourth-quarter revenues down 6 percent year-on-year to USD 1.266 billion.Excluding traffic acquisition costs, revenue fell 2 percent to USD 1.200 billion, in line with the company’s outlook.Display revenue fell 6 percent to USD 553 million, as lower prices offset
DHAKA: Apple reported revenues of USD 57.6 billion for its fiscal first quarter to December, up from USD 54.5 billion a year earlier.The growth was in line with the company’s outlook and supported by the release of the new iPhones from September.The company’s gross margin dropped to
DHAKA: When a smartphone user opens Angry Birds, the popular game application, and starts slinging birds at chortling green pigs, spy agencies have plotted how to lurk in the background to snatch data revealing the player’s location, age, sex and other personal information, according to
DHAKA: In a long-awaited fusion between hot-blooded hormones and cold-headed engineering, a Japanese lingerie company has produced a bra they claim will only unlock when the wearer is really in love.The ‘True Love Tester’ uses sensors and a special gadget linked to a mobile device to
DHAKA: Bangladesh and Egypt signed a deal on bilateral cooperation and exchange in the field of technology at Secretariat in the city on Tuesday morning.This five-year long deal includes exchanges of experts, scientists and researchers in technology sector. It also includes joint
DHAKA: A Bangladesh-based hacker who calls himself Ashik Iqbal Chy hacked the official website of Board of Control for Cricket in India (BCCI).The website, BCCI.TV, was defaced with an image of Bangladesh’s national cricket team.The ‘About Us’ section of the site also displayed a
DHAKA: Samsung Electronics sold a record 86 million smartphones in the fourth quarter and widened its lead over Apple even after the US firm reached a new iPhone sales high, data from research firm Strategy Analytics showed.Samsung took 29.6 per cent of the global smartphone market in the
DHAKA: Google said on Monday that it had agreed to buy British artificial intelligence start-up company DeepMind for an undisclosed amount.‘I can confirm that the acquisition has indeed gone ahead but unfortunately we are not commenting beyond that for now,’ a Google spokeswoman told
DHAKA: Bangladesh ended December 2013 with 113.78 million mobile users, up from 111.80 million in October. Grameen phone led the market with 47.11 subscribers, up from 46.66 million two months earlier, and Banglalink ended December with 28.84 million customers, versus 28.39 million in
DHAKA: Apple is planning to release two new versions of its iPhones with larger screens this year to meet competition from rival handset makers.The Wall Street Journal reported Friday, The Straits Times says on Saturday.The report, which follows rumors circulating for several weeks on
DHAKA: Samsung Electronics reported a drop in fourth-quarter operating profit, as the company increased marketing in an attempt to fight off growing competition in the smartphone and tablet market. While revenues increased to KRW 59.28 trillion from KRW 56.06 trillion a year earlier,