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Ericsson software glitch hits mobile services in Britain and Japan

LONDON/STOCKHOLM: Ericsson (ERICb.ST) said it was working with mobile companies in Britain and Japan to restore full service to millions of customers hit by outages caused by a software glitch in the Swedish company’s equipment. O2, Britain’s second biggest network, and Japan’s Softbank (9984.T) reported network outages on Thursday, leaving many customers unable to access internet services. Once the world’s biggest supplier of mobile communications gear, Ericsson has lost ground to China’s Huawei Technologies and…

IBM buys software company Red Hat for $34 billion

IBM said Sunday it has reached a deal to buy open source software company Red Hat for $34 billion, among the biggest tech mergers in history which the computing giant said would enhance its cloud offerings. If approved it will be the third biggest tech merger in history, according to business news site CNBC. Red Hat said it was the biggest involving a software company. The deal will see IBM acquire all of the issued and outstanding common shares of Red Hat for $190.00 per share in cash, more than $70 above the $116.68…

Huawei in British spotlight over use of US firm’s software

LONDON: Huawei Technologies is facing increased scrutiny in Britain because it is using an aging software component sold by a firm based in the United States, one of the countries where lawmakers allege its equipment could facilitate Chinese spying. The fact that the British misgivings stem in part from Huawei’s relationship with a U.S. company shows how trade wars and heightened national security concerns are making it harder for technology firms and governments to safeguard products and communication networks. A…

Software and stealth: how carmakers hike spare parts prices

LONDON/PARIS: Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. The software works, Accenture told prospective clients, by identifying which spare parts in a manufacturer’s range customers would be content to pay more for, how much to raise prices by and which prices should not be hiked. The…

Sri Lanka hope new software can power cricket recovery

COLOMBO: Sri Lanka is adopting an advanced software used by football club Barcelona to manage its injury-prone cricketers as the national team trains for the World Cup next year, officials said today. The island's cricket board hopes the state-of-the-art player management system will restore Sri Lanka's prestige on the world stage after their worst year in international cricket. The board spent $75,000 on the software, adapting it to suit its cricketers. Officials said coupled with a match analysis system designed…

NASA contracts Uber to build flying taxi air control software

LISBON: Uber has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services it has pioneered on the ground, the company said on Wednesday. And in this case, it’s working hard to stay on regulators’ good side. Uber said it was the first formal services contract by the U.S. National Aeronautical and Space Administration (NASA) covering low-altitude airspace rather than outer space. NASA has used such contracts to develop rockets since the late 1950s.…