Revenues from services remain a bright spot for Apple

Revenues from its hardware product offerings have steadily declined. Hopefully the upcoming holiday season can lift sagging sales. With Apple’s fourth quarter results for 2016 just out, it is its third straight quarter in which it has posted declining revenues. In comparison to the previous year, its revenues were down by 9%. Despite this, Apple’s…

Aimed at Reducing Cyber Risk, US Banking Group Forms a Specialized Unit

A unit to enhance collaboration among its members and the U.S. government as a way to help reduce cyber security threats to the financial system has been formed, announced the Financial Services Information Sharing and Analysis Center (FS-ISAC), an influential U.S. financial industry group on Monday. The FS-ISAC said in a statement that proactively identifying,…

Sweden effectively bans the usage of drones in public places

Swedish journalists and filmmakers will need a permission for recording public footage using a drone. If you are planning on visiting Sweden with a drone in your baggage, you could potentially land in a legal soup. Sweden’s Supreme Administrative Court has effectively banned camera drone flights. In its judgement the court has ruled that drones equipped with…

Microsoft hikes business software and cloud computing services in UK

Microsoft’s enterprise customers who are covered by an existing on-going agreement will be affected only when their agreements are renewed. The outcome of Britain’s historic referendum has cast yet another long shadow on the country’s economic and financial outlook. Theresa May’s government is yet to publicly disclose which road she will take when she invokes…