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Today’s top tech stories

The Guardian reports that Sony, in its fourth revision, is forecasting a £4bn net loss for the year ending March 2012. This is double an earlier forecast figure and the fourth consecutive year that Sony has posted losses. This change in fortune is attributed to companies such as Apple and Samsung taking control of some markets, and demand for consumer products like televisions dropping. The company is planning to cut 10, 000 jobs, which equates to around 6 per cent of its workforce, in the near future. Sony’s chief executive, Kazuo Hirai, has stated that he is prepared to take painful steps to revive the ailing electronics company and has said that he will not hesitate withdraw from businesses he deemed uncompetitive. The company believes that it will turn profit in the year ending March 2013, with operating profits of around £1.4bn.

The value of technology company Apple has reached $600bn writes The Telegraph. The only other company that has reached this mark is Microsoft in 1999, at the height of the dotcom boom. Wall Street is expecting Apple to show more than a 50 per cent increase in profits to $9.2bn when its first quarter results are posted later this month. With Apple launching a television product, and the announcement that last month it will begin paying a dividend, has caused some experts on Wall Street to believe that Apple shares will be trading at $1,000 within a year. Shares in Apple closed down at $628.44 yesterday, after having climbed as high as $644 earlier the same day.

 

 

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Mark Zuckerberg, founder of social media giant Facebook, has outlined a plan to have AI software review content in a move to combat terrorism, bullying and violence, reports BBC.co.uk. Zuckerberg admitted that Facebook had previously made mistakes in the content... Read more

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A new platform has been designed to help networks evolve towards 5G mobile networking, reports ComputerWeekly.com. The technology, launched by networking equipment and services supplier Ericsson, comprises of a 5G core, radio and transport portfolio, along with digital support systems,... Read more

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A new form of ransomware has been developed as a proof-of-concept, specifically designed to target SCADA technology in industrial environments, reports TheRegister.co.uk. Written by researchers from Georgia Tech, the scope of the software was noted as limited in the paper,... Read more

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A new cybersecurity centre, designed to protect the UK against a variety of cyber threats, is set to be opened by the Queen today, reports BBC.co.uk. The National Cyber Security Centre (NCSC) in London is set to improve Britain’s resilience to... Read more

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Retailers are beginning to explore how cognitive computing and AI could make e-commerce smarter and more personalised, reports ComputerWeekly.com. According to the report, customers increasingly want retailers to offer convenient, responsive and personalised services, with IBM revealing that 48 per... Read more