Comcast's $45 billion Time Warner Cable acquisition is officially dead

From InfoWorld: Comcast is officially walking away from plans to acquire Time Warner Cable, after regulators signaled their displeasure with the deal.

"Today, we move on," Comcast Chairman and CEO Brian Roberts said in a statement. "Of course, we would have liked to bring our great products to new...

Infosys invests in cloud, health monitoring market

From PC World: Indian outsourcer Infosys has made an acquisition in the area of cloud computing and invested in a personal health monitoring company as it tries to move into high value products and services.

The transition is, however, taking time and in the financial results the company reported...

Amazon reveals that its AWS cloud service is a $5 billion business

From CNET: Amazon CEO Jeff Bezos has been one of the industry's big spenders as he strives to make the company all things to all people, fashioning Amazon as a grocery store, entertainment producer and device maker.

The company on Thursday reported results for the first three months of 2015 that...

Google launches Project Fi, its combo cellular and Wi-Fi network

From InfoWorld: Google launched its own ambitious wireless network primarily in the U.S. on Wednesday in partnership with Sprint and T-Mobile.

Calling it Project Fi, Google promised seamless wireless connections, initially for Nexus 6 smartphone users, whether they are within more than 1 million...

Qualcomm hit by China fine, cut in Samsung business

From PC World: Qualcomm’s second-quarter profit dropped 46 percent, mainly because of a large fine the company had to pay in China for settling antitrust issues.

The chip company also cut its revenue outlook for 2015, citing loss of business for its Snapdragon processor from key customer Samsung...

eBay sales, profit rise as PayPal expects to sail off in third quarter

From CNET: eBay's year got off to a strong start, with the company on Wednesday reporting better-than-expected sales and some lower costs, likely benefiting from previously announced job cuts.

The e-commerce pioneer also said its planned spinoff of PayPal will happen in the third quarter this year...

New Office 365 features appease the cloud-wary

From InfoWorld: To overcome emotional barriers to cloud computing, cloud providers often give customers complete control over their data, including encryption keys. Microsoft has been unveiling features in that vein for Azure, and yesterday, the company took a few more steps in that direction with...

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