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Business - Cisco to pay $1.4 billion for Internet of Things firm Jasper

(Reuters) - Cisco Systems Inc said on Wednesday it was buying Jasper Technologies Inc, a startup that connects devices like cars and medical devices to the Internet, for $1.4 billion in cash and equity awards, its largest acquisition since 2013. Legacy technology companies like Cisco have been trying to find paths for growth while new technology developments, such as the rise of cloud computing, threaten their core businesses. The so called Internet of Things, the area Jasper specializes in, offers Cisco a chance to offer cutting-edge technology to its current customers such as telecommunications companies.

Wednesday, February 03, 2016  23:56


World - U.N. chief urges North Korea not to use ballistic technology

UNITED NATIONS (Reuters) - United Nations Secretary-General Ban Ki-moon is urging North Korea not to use ballistic missile technology, which is banned by U.N. Security Council resolutions, a U.N. spokesman said on Wednesday. `The secretary-general believes it is important for the Democratic People`s Republic of Korea (North Korea) to refrain from using ballistic missile technology,` U.N. spokesman Farhan Haq told reporters. Pyongyang notified U.N. agencies on Tuesday of its plan to launch what it called an `earth observation satellite` some time between Feb. ...

Wednesday, February 03, 2016  17:54


Business - JPMorgan launches blockchain trial project: FT

(Reuters) - JPMorgan Chase is partnering with start-up Digital Asset Holdings to launch a trial project using blockchain technology that could reduce the cost and complexity of trading, the Financial Times reported on Sunday. The agreement comes as another sign that blockchain, which is best known as the basis of the digital currency Bitcoin, has wide-ranging applications for some of Wall Street`s biggest banks. One potential use for the technology is addressing liquidity mismatches in some of JPMorgan`s loan funds, the Financial Times said.

Sunday, January 31, 2016  22:08


Business - Cisco buys IoT platform vendor Jasper Technologies for $1.4 billion

With this acquisition, Cisco is doubling down on the IoT segment in a big way.

Thursday, February 04, 2016  00:14


Middle East - New Technologies Give Government Ample Means to Track Suspects, Study Finds

Fears that encrypted communication will prevent agencies from tracking terrorists are overstated, according to a study that included current and former intelligence officials.

Monday, February 01, 2016  01:40


Business - 4 business benefits of standardizing on Apple tech

Erik Eckel makes the case that there are multiple benefits for organizations that adopt and deploy Apple`s technologies.

Friday, February 05, 2016  20:38


World - Canada lifts Iran sanctions

Ottawa announced Friday the lifting of economic sanctions against Tehran, which will allow Canadian firms access to Iran after a deal on its nuclear program recently came into force. Canada, however, will maintain restrictions on exports of nuclear goods and technologies and anything that could help Iran in the development of ballistic missiles, it said. `Canadian companies will now be able to position themselves for new trade opportunities, but we will also maintain rigorous controls on any exports that raise serious proliferation concerns,` Trade Minister Chrystia Freeland said in a statement.

Friday, February 05, 2016  20:38


Business - With Jasper, Cisco covers IoT, cloud, software bases

Cisco`s $1.4 billion purchase of Jasper Technologies gives it a complete Internet of things stack, recurring software revenue and a cloud play.

Thursday, February 04, 2016  16:08


Business - The Canine Fresh Food Movement Has Arrived

In recent years we have seen a proliferation of healthy eating alternatives. From organic farming products, to the farm to table movement, or to the growing breed of on demand prepare yourself food startups, consumer desire and new technologies have spurred a renaissance in the healthy eating industry.As much of the innovation in the healthy...

Wednesday, February 03, 2016  20:00


Business - How AI and automation could hollow out the US job market

Economists on how the spoils generated by near-future technologies could be enjoyed by the wealthy and highly-educated, rather than the average worker.

Wednesday, February 03, 2016  18:30

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