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Alibaba surges 38% on massive demand in market debut

September 20, 2014 | 5:55 am | Liana B. Baker, Jessica Toonkel, Ryan Vlastelica, Reuters

It was an auspicious debut for the Chinese e-commerce company, which was founded by Jack Ma in his apartment in 1999 and now accounts for 80 percent of online sales in China.

Microsoft APAC Pres. Cernuda on mobility, cloud, online security, Nokia and the unfolding layoffs

September 19, 2014 | 11:33 pm | Text by Jose Bimbo F. Santos; Photos and videos by Bernard Testa, InterAksyon.com,

InterAksyon.com recently had an exclusive interview with Cèsar Cernuda, Microsoft president for Asia and the Pacific, on their plans for the region as well as his views on unfolding IT trends.

Rivals dash to support Apple Pay for fear of losing out

September 19, 2014 | 7:57 pm | Eric Auchard, Reuters

Apple Inc’s new mobile payments system – unveiled just ten days ago – is already winning over the heavyweights of the financial industry and signaling the likely demise of lesser payment alternatives.

Smart to expand LTE coverage to 3,400 sites by year-end

September 19, 2014 | 5:01 pm | Jose Bimbo F. Santos, InterAksyon.com

Smart Communications, Inc. said that they will add 1,400 new LTE sites in the country before the year ends.

Alibaba sets IPO share price, to raise $25 billion

September 19, 2014 | 4:26 pm | Luc Olinga, Agence France-Presse

Chinese online retail giant Alibaba is poised for a record-breaking stock market debut on Friday, with shares priced at $68 in a public offering that could be valued at $25 billion.

Chinese buyers lead charge in iPhone 6 global debut

September 19, 2014 | 2:21 pm | Harumi Ozawa, Agence France-Presse

Buyers from China, deprived of the latest iPhone launch at home, were Friday among the first in line in Japan to grab the “6″ and its new large-screen cousin as Apple hit back at rivals.

Home Depot breach bigger than Target at 56 million cards

September 19, 2014 | 1:29 pm | Jim Finkle, Nandita Bose, Reuters

Home Depot Inc said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain.

Google to boost Android encryption, joining Apple

September 19, 2014 | 11:19 am | Glenn Chapman, Agence France-Presse

Google and Apple on Thursday said they are hardening encryption tactics on devices powered by their mobile operating systems and tossing away the keys.

Microsoft lays off 2,100, axes Silicon Valley research

September 19, 2014 | 10:20 am | Bill Rigby, Reuters

Microsoft Corp will close its Silicon Valley research-and-development operation as part of 2,100 layoffs announced on Thursday, as it moves toward its new CEO’s goal of cutting 18,000 staff.

Oracle’s Ellison steps aside, co-CEOs Catz and Hurd take over

September 19, 2014 | 9:38 am | Noel Randewich, Bill Rigby, Reuters

Larry Ellison, co-founder and leader of Oracle Corp for 37 years, stepped aside as chief executive officer on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd.

Qualcomm shows off robot technology, but mum on China dispute

September 19, 2014 | 8:40 am | Noel Randewich, Reuters

Qualcomm Inc executives showed off robots made with smartphone technology at an annual developer conference on Thursday, but they steered clear of talking about the investigation in China.

Samsung to release Note 4 ‘phablet’ on October 17

September 19, 2014 | 4:09 am | Agence France-Presse

The South Korean consumer electronics titan credited with being the first major manufacturer to blend tablet and smartphone features said it will begin taking orders for the coming model on Friday.

Online piracy thrives in Internet cloud: study

September 18, 2014 | 11:16 pm | Rob Lever, Agence France-Presse

Online piracy of music, films and other content has moved to the Internet cloud, reaping big profits for digital thieves, according to a study released Thursday.

Ericsson says will stop making modems, sheds hundreds of jobs

September 18, 2014 | 8:13 pm | Agence France-Presse

Swedish telecom equipment company Ericsson said on Thursday that it would stop developing modems, a decision affecting almost 1,600 employees worldwide which is expected to lead to hundreds of job cuts.

Amazon expands Kindle lineup, boosts price of basic e-reader

September 18, 2014 | 1:36 pm | Jennifer Saba and Deepa Seetharaman, Reuters

Amazon ramped up its push into hardware on Wednesday with the debut of six new or upgraded devices, including a high-end $199 e-reader called the Kindle Voyage and its cheapest-ever touch-screen tablet.