Norton antivirus software maker Symantec Corp has agreed to sell its data storage unit, Veritas, for $8 billion to a group led by Carlyle Group LP as it seeks cash to turn around its core security software business. The deal, the biggest U.S.
Read moreGoogle Inc's overhaul of its operating structure is an acknowledgement of the lack of transparency surrounding its disparate businesses and projects, analysts said, but it remains to be seen how much more the company will actually disclose. Analysts and investors have long sought more granular detail on Google's capital spending and cash flow, as well as the financial performance of YouTube and Android. Google said on Monday it would split into two reporting companies under a new holding company called Alphabet.
Read moreBy Noeleen Walder NEW YORK (Reuters) – U.S.
Read moreBy Stephanie Nebehay GENEVA (Reuters) – The United Nations on Tuesday denounced “shockingly” long prison terms imposed by Thailand for insulting the monarchy and urged authorities to amend the law and release those convicted. Thai military courts on Friday jailed two people for insulting the monarchy, one for 30 years and the other for 28, the heaviest sentences for the crime in Thai history, lawyers and a legal monitoring group said.
Read moreBy Joseph D’Urso LONDON (Thomson Reuters Foundation) – Turn on the news or listen to doom-mongers in politics and the media, and you could be forgiven for thinking the world is a more violent and unequal place than ever, but according to economist Max Roser, we’ve never had it so good in many ways. Roser, based at the University of Oxford, spends his time digging through data on human living standards across countries and decades, and makes jazzy graphs and slides for his website OurWorldInData.org and his 30,000 Twitter followers
Read moreBy Curtis Skinner SEATTLE (Reuters) – Teams of video gamers playing characters ranging from wizards to monsters exchanged virtual punches, fireballs and lightning strikes over the past six days, battling at the main event of the Dota 2 International 2015 tournament in Seattle. Now in its fifth year and playing to a sold-out crowd in the 17,000-seat Key Arena, the International has grown every year in size, popularity and possible winnings for players. Video games have long been a moneymaker for the tech sector, forecast to generate some $111 billion in revenue this year by consultants Gartner Inc.
Read moreThe personal data of up to 2.4 million customers of Dixons Carphone may have been exposed in a cyber attack, the electrical goods and mobile phone retailer said on Saturday. The group, which trades as Carphone Warehouse, Currys and PC World in the UK and Ireland, said the attack had been carried out on a division that operates the websites OneStopPhoneShop.com, e2save.com and Mobiles.co.uk . The division also provides services to iD Mobile, TalkTalk Mobile, Talk Mobile, and to some Carphone Warehouse customers.
Read moreThe head of Iran's elite military Quds Force, who is subject to a United Nations travel ban, has met senior Russian officials in Moscow, an Iranian official said on Friday. Qassem Soleimani, chief of the force which is an overseas arm of the Revolutionary Guards, has been subject to an international travel ban and asset freeze by the U.N
Read moreReal estate mogul Donald Trump won viewers' attention during the Republican U.S. presidential debate, though perhaps not the debate itself, as the other candidates looked to build their own name recognition.
Read moreArmed with a doctorate in financial engineering, 34-year-old Timo Schlaefer was on his way to a promising career at Goldman Sachs in London. Previously with the bank's mergers and acquisitions team, he became an executive director of credit quantitative modeling at Goldman, where quants like Schlaefer are highly valued.
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