Gadgets & Tech Headlines
Deutsche Telekom's T-Systems to cut 10,000 jobs: CEO
FRANKFURT (Reuters) - T-Systems, the lossmaking IT services arm of Germany's Deutsche Telekom
, plans to cut 10,000 jobs in a three-year drive to return to profitability, CEO Adel Al-Saleh told staff on Thursday.
UPDATE 1-Deutsche Telekom's T-Systems to cut 10,000 jobs - CEO
FRANKFURT, June 21 (Reuters) - T-Systems, the lossmaking IT services arm of Germany's Deutsche Telekom, plans to cut 10,000 jobs in a three-year drive to return to profitability, CEO Adel Al-Saleh told staff on Thursday.
PM May dismisses report she questioned UK status as 'tier one' military power
LONDON, June 21 (Reuters) - Prime Minister Theresa May said on Thursday a report that she asked her defense minister to justify the United Kingdom's status as a "tier one" military power was incorrect.
UPDATE 2-Ad man Sorrell takes aim at WPP over his exit on Cannes stage
CANNES, France, June 21 (Reuters) - WPP founder Martin Sorrell rounded on the board of the advertising giant he founded on Thursday in his first major public appearance since quitting as chief executive in April.
UPDATE 1-Pope, in Geneva, urges Christians to break down their barriers
GENEVA, June 21 (Reuters) - Pope Francis called on Christians on Thursday to "break down barriers of suspicion and fear" that have divided them since the Protestant Reformation of the 16th century and to work together to help the most needy.
Koko, gorilla who used sign language, dies in California
(Reuters) - Koko, a western lowland gorilla said to have mastered American Sign Language, has died aged 46, the California institute which studied her said on Thursday.
Ericsson needs industries to embrace 5G to underpin its recovery
STOCKHOLM/LONDON (Reuters) - Ericsson needs a range of industries to embrace 5G network services if the equipment maker is to get a long-term boost that would allow it to progress from cost-cutting to expansion.
Siris Capital unit to buy Web.com for $2 billion
(Reuters) - Web.com Group Inc, a provider of internet domain name registration services, said on Thursday an affiliate of private equity firm Siris Capital would buy the company for about $2 billion in cash.
Investor Odey says Sky could be worth as much as 50 billion pounds
LONDON (Reuters) - Top-20 Sky
investor Crispin Odey said he expects the bidding war for the media company to carry on over the summer and that the European broadcaster could be worth as much as 50 billion pounds ($65.5 billion).
SkyHigh not the limit of McAfee's ambition, IPO an option
TEL AVIV (Reuters) - Cybersecurity firm McAfee is looking at further acquisitions after buying security provider SkyHigh Networks this year and has not ruled out going public again to widen its options, its chief executive said.
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