The case filed by Oracle Corporation (NYSE:ORCL) in 2007 concerning illegal downloading of Oracle files against SAP SE (ADR) (NYSE:SAP) has finally arrived into its conclusive stages. The two tech giants have agreed to end the matter for a sum of $356.7 million. It was in 2007 when Oracle identified thousands of fishy downloads of…
Google Inc (GOOGL) Under The Legal Scanner Again, Contractor Accused Company Of Overtime Violations
With European Commission inquiry still in place, Google Inc (NASDAQ:GOOGL) is faced with another lawsuit by one of its contractors. Contractor accused the company of not abiding with the overtime payment rules and his termination when he asked for increasing the hourly limit of the contract. This is the second incident against a major industry…
Apple Inc. (AAPL) Users’ Warned About Mobile Security By National Cybersecurity Department
After the announcement of a potential vulnerability in Apple Inc. (NASDAQ:AAPL)’s iOS earlier this week, the U.S. government has warned iPhone and iPad users to be alert against online intruders that may try to exploit the weakness. FireEye Inc (NASDAQ:FEYE) reported this vulnerability earlier this week and informed Apple about the same. The potential iOS…
Apple Inc. (AAPL) Dedicated Towards Customer Data Protection In HealthKit App, FTC Appreciates Efforts
Just ahead of the market availability of its wearable gadget, Apple Watch, the U.S. Federal Trade Commission has asked Apple Inc. (NASDAQ:AAPL) for user data protection. Apple Watch features HealthKit app, which collects vital health data of the user and stores it on iCloud. FTC is concerned about the unauthorized use of health data and…
Twitter Inc (TWTR) To Introduce Instant Timeline, Private Messaging Features, and New Apps
In an effort to improve user experience and push growth, Twitter Inc (NYSE:TWTR) is evaluating the possibility of introducing new mobile apps exclusive of its current messaging platform. Apart from its messaging service, new apps are seen as a viable means to entice new users to the service, which is competing for user share with…
Cisco Systems, Inc. (CSCO) Shares Fall Post Weaker Forecast, Reports Better First Quarter 2015 Results
The shares of Cisco Systems, Inc. (NASDAQ:CSCO) rallied down in access of 1.6% after the network equipment manufacturer posted a weaker forecast for the current quarter. The lower forecast came after weaker sales in its emerging markets and major capital spending cuts by telecom service providers. Cisco Systems announced its first quarter 2015 results with…
Microsoft Corporation (MSFT) Launched New Windows Phone Under “Microsoft Lumia” Brand, Continues Shedding Of Nokia Brand
What was quite evident earlier has started to come up on surface as Microsoft Corporation (NASDAQ:MSFT) continues shedding away the Nokia Brand with every new launch. The Windows maker launched its first windows phones under the “Microsoft Lumia” banner. The IT giant launched its latest Smartphone, Lumia 535, yesterday calling it “Microsoft Lumia 535.” The…
Intel Corporation (INTC) Might Attract Technology Adapters In China, Offers Financial Support For Smart Device Companies
There is no denying the fact that Intel Corporation (NASDAQ:INTC) was late in adapting the mobile technology and the chipmaker hasn’t found much success in it until now. However, it doesn’t mean that the company won’t target the world’s fastest growing Smartphone market, China. After its recent partnerships with chip manufacturers in China, the CEO…
Google Inc (GOOGL)’s Europe Antimonopoly Investigation Might Linger Around Longer As New EU Head Requires Time
Google Inc (NASDAQ:GOOGL), the search engine giant, troubled with antitrust issues in Europe is not likely to get relief in near future as the new EU commissioner demands more time to understand the case. The investigation has been going around for four years with no conclusive results until now. According to Margrethe Vestager, European Competition…
Apple Inc. (AAPL) In Legal Trouble Over Blocking iPhone Text Messages, District Judge Pushes Lawsuit
Apple Inc. (NASDAQ:AAPL) is again into legal troubles and this time, the lawsuit is from a plaintiff complaining that the company’s practice to block text messages for users switching to Android devices restricted her from receiving text messages. According to the claim filed by Adrienne Moore, the message blocking practice followed by Apple intervened with…