TECHNOLOGY NEWS

China's Xiaomi to postpone its mainland CDR offering

TECHNEWS - 17 min 48 sec ago
BEIJING (Reuters) - China's Xiaomi Corp [XTC.UL] said on Tuesday it will postpone its mainland share offering until after it completes its listing in Hong Kong.
Categories: TECHNOLOGY NEWS

Trump told Apple CEO iPhones will be spared from China tariffs: NYT

TECHNEWS - 30 min 48 sec ago
(Reuters) - President Donald Trump told Apple Inc Chief Executive Tim Cook that the U.S. government would not levy tariffs on iPhones assembled in China, the New York Times reported on Monday, citing a source familiar with the negotiations.
Categories: TECHNOLOGY NEWS

Beijing subway to get 'bio-ID' tracking systems: China Daily

TECHNEWS - 37 min 52 sec ago
SHANGHAI (Reuters) - The Chinese capital, Beijing, is looking at introducing "bio-recognition technology", including palm scanners and facial recognition cameras, to speed up passenger flow through subway stations at peak times, state media reported on Tuesday.
Categories: TECHNOLOGY NEWS

Norway Tests Tiny Electric Plane, Sees Passenger Flights by 2025

VOA TECH - 1 hour 27 min ago
Norway tested a two-seater electric plane on Monday and predicted a start to passenger flights by 2025 if new aviation technologies match a green shift that has made Norwegians the world's top buyers of electric cars. Transport Minister Ketil Solvik-Olsen and Dag Falk-Petersen, head of state-run Avinor which runs most of Norway's airports, took a few minutes' flight around Oslo airport in an Alpha Electro G2 plane, built by Pipistrel in Slovenia. "This is ... a first example that we are moving fast forward" towards greener aviation, Solvik-Olsen told Reuters. "We do have to make sure it is safe - people won't fly if they don't trust it." He said plane makers such as Boeing and Airbus were developing electric aircraft and that battery prices were tumbling, making it feasible to reach a government goal of making all domestic flights in Norway electric by 2040. Asked when passenger flights in electric planes could start, Falk-Petersen, the pilot, said: "My best guess is before 2025 ... It should all be electrified by 2040." The two said the plane, with a takeoff weight of 570 kg (1255 lb), was cramped and buffeted by winds but far quieter than a conventional plane run on fossil fuels. Norway tops the world league for per capita sales of electric cars such as Teslas, Nissan Leafs or Volkswagen Golfs, backed by incentives such as big tax breaks, free parking and exemptions from road tolls. In May 2018, 56 percent of all cars sold in Norway were either pure electric or hybrids against 46 percent in the same month of 2017, according to official statistics. Norway, a mountainous country of five million people where fjords and remote islands mean many short-hop routes of less than 200 kms, would be ideal for electric planes, Solvik-Olsen said. Also, 98 percent of electricity in Norway is generated from clean hydro power. Some opposition politicians said the government needed to do far more to meet green commitments in the 200-nation Paris climate agreement. "This is a start ... but we have to make jet fuel a lot more expensive," said Arild Hermstad, a leader of the Green Party. The first electric planes flew across the English Channel in July 2015, including an Airbus E-Fan. French aviator Louis Bleriot who was first to fly across the Channel, in 1909, in a fossil-fuel powered plane. Electric planes so far have big problems of weight, with bulky batteries and limited ranges. Both Falk-Petersen and Solvik-Olsen said they had been on strict diets before the flight. "My wife is happy about it," Solvik-Olsen said.
Categories: TECHNOLOGY NEWS

AI for animals

BBC TECH - 1 hour 35 min ago
University researchers are using deep neural networks to study wildlife and enhance conservation.
Categories: TECHNOLOGY NEWS

Intel Tops List of Tech Companies Fighting Forced Labor

VOA TECH - 2 hours 6 min ago
      Intel topped a list issued on Monday ranking how well technology companies combat the risk of forced labor in their supply chains, overtaking HP and Apple. Most of the top 40 global technology companies assessed in the study by KnowTheChain, an online resource for business, had made progress since the last report was published in 2016. But the study found there was still room for improvement. “The sector needs to advance their efforts further down the supply chain in order to truly protect vulnerable workers,” said Kilian Moote, project director of KnowTheChain, in a statement. Intel, HP and Apple scored the highest on the list, which looked at factors including purchasing practices, monitoring and auditing processes. China-based BOE Technology Group and Taiwan's Largan Precision came bottom. Workers who make the components used by technology companies are often migrants vulnerable to exploitative working conditions, the report said.  About 25 million people globally were estimated to be trapped in forced labor in 2016, according to the International Labor Organization and rights group Walk Free Foundation. Laborers in technology companies’ supply chains are sometimes charged high recruitment fees to get jobs, trapped in debt servitude, or deprived of their passports or other documents, the report said. It highlighted a failure to give workers a voice through grievance mechanisms and tackle exploitative recruiting practices as the main areas of concern across the sector. In recent years modern slavery has increasingly come under the global spotlight, putting ever greater regulatory and consumer pressure on firms to ensure their supply chains are free of forced labor, child labor and other forms of slavery. From cosmetics and clothes to shrimp and smartphones, supply chains are often complex with multiple layers across various countries — whether in sourcing the raw materials or creating the final product — making it hard to identify exploitation. Overall, large technology companies fared better than smaller ones, suggesting a strong link between size and capacity to take action, the report said. Amazon, which ranked 20th, was a notable exception, it said. “Top-ranking brands ... are listening to workers in their supply chains and weeding out unscrupulous recruitment processes,” Phil Bloomer, head of the Business & Human Rights Resource Center, told the Thomson Reuters Foundation. A spokesman for Amazon said the report drew from old and incomplete information and failed to take into account recently launched anti-slavery commitments and initiatives. HP said it regularly assessed its supply chain to identify and address any concerns and risks of exploitation. “We strive to ensure that workers in our supply chain have fair treatment, safe working conditions, and freely chosen employment,” said Annukka Dickens, HP's director for human rights and supply chain responsibility. Intel, Apple, BOE Technology and Largan Precision did not immediately respond to requests for comment.
Categories: TECHNOLOGY NEWS

Tesla's Musk alleges 'extensive' employee sabotage

TECHNEWS - 2 hours 23 min ago
SAN FRANCISCO (Reuters) - Tesla Inc Chief Executive Elon Musk accused an employee of "extensive and damaging sabotage" to the company's operations in an email sent on Monday to company employees.
Categories: TECHNOLOGY NEWS

Feeling the heat?

BBC TECH - 2 hours 26 min ago
As demand for air conditioning goes through the roof, what are the implications for our planet?
Categories: TECHNOLOGY NEWS

Senate passes defense bill, battle looms with Trump over China's ZTE

TECHNEWS - 2 hours 49 min ago
WASHINGTON (Reuters) - The U.S. Senate passed a $716 billion defense policy bill on Monday, backing President Donald Trump's call for a bigger, stronger military but setting up a potential battle with the White House over Chinese telecommunications firm ZTE Corp.
Categories: TECHNOLOGY NEWS

Google to Invest $550M in China E-commerce Giant JD.com

VOA TECH - Mon, 06/18/2018 - 23:45
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S. and European markets. JD.com's U.S.-listed shares rose 1.2 percent to $44.10 on the NASDAQ on Monday. Company officials said the agreement initially would not involve any major new Google initiatives in China, where the company's main services are blocked over its refusal to censor search results in line with local laws. JD.com's investors include Chinese social media powerhouse Tencent Holdings, the arch-rival of Chinese e-commerce leader Alibaba Group Holding, and Walmart. The partnership not only lets Google bolster its retail ambitions in China but also allows it to further tighten its relationship with Walmart. Together, the two companies could challenge the dominance of Amazon and Alibaba in key markets around the world, analysts said. In the past year, Google has been partnered with Walmart on multiple fronts. In August 2017, the two companies joined forces to offer hundreds of thousands of Walmart items on Google's voice-controlled Google Assistant platform to counter the dominance of Amazon in the voice shopping market. In March, Reuters reported a new program where Google was teaming up with retailers like Walmart, allowing them to list their products on Google Search, as well as on the Google Express shopping service to better compete with Amazon. Google is also reportedly pursuing picking up a stake in India's Flipkart, where Walmart picked up a 77 percent stake for $16 billion. Google declined to comment on the rumored Flipkart deal. Stepping Up Investments in ASIA Google is stepping up its investments across Asia, where a rapidly growing middle class and a lack of infrastructure in retail, finance and other areas have made it a battleground for U.S. and Chinese internet heavyweights. Google recently took a stake in Indonesian ride-hailing firm Go-Jek. The JD.com investment is being made by the operating unit of Google rather than one of parent company Alphabet's investment vehicles. Google will get 27.1 million newly issued JD.com Class A ordinary shares as part of the deal. This will give them less than a 1 percent stake in JD, a spokesman for JD said. For JD.com, the Google deal shows its determination to build a set of global alliances as it seeks to counter Alibaba, which has been more focused on forging domestic retail tie-ups. Japan's SoftBank Group, which is making big internet investments around the globe, is a major investor in Alibaba. Morningstar analyst Chelsey Tam said the investment will help JD.com expand into developed markets such as the United States and Europe, where it has lesser exposure compared to Google. "This partnership with Google opens up a broad range of possibilities to offer a superior retail experience to consumers throughout the world," said Jianwen Liao, JD.com's chief strategy officer, in a statement. Company officials said the deal would marry Google's market reach and strength in analytics with JD.com's expertise in logistics and inventory management. The investment may give Google access to more consumer data, which can be used to boost usage of Google Shopping, said Morningstar analyst Ali Mogharabi.
Categories: TECHNOLOGY NEWS

U.S. regulator to send observer for Tesla probe of Model S fire

TECHNEWS - Mon, 06/18/2018 - 21:49
(Reuters) - The U.S. National Transportation Safety Board (NTSB) will send a technical specialist to observe a Tesla Inc examination into the causes of a battery fire last Friday involving one of the electric automaker's Model S vehicles in California, the agency said on Monday.
Categories: TECHNOLOGY NEWS

Exclusive: GameStop in talks with buyout firms after drawing interest - sources

TECHNEWS - Mon, 06/18/2018 - 21:36
(Reuters) - Video game and electronics retailer GameStop Corp is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday.
Categories: TECHNOLOGY NEWS

Exclusive: Retailer GameStop in talks with buyout firms after receiving takeover interest - sources

TECHNEWS - Mon, 06/18/2018 - 21:15
(Reuters) - Videogame and electronics retailer GameStop Corp is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday.
Categories: TECHNOLOGY NEWS

Google to invest $550 million in China e-commerce giant JD.com

TECHNEWS - Mon, 06/18/2018 - 21:07
(Reuters) - Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
Categories: TECHNOLOGY NEWS

Apple Aims to Solve Problems Locating 911 Calls for Help

VOA TECH - Mon, 06/18/2018 - 19:24
Apple is trying to drag the U.S.'s antiquated system for handling 911 calls into the 21st century.   If it lives up to Apple's promise, the next iPhone operating system coming out in September will automatically deliver quicker and more reliable information pinpointing the location of 911 calls to about 6,300 emergency response centers in the U.S.   Apple is trying to solve a problem caused by the technological mismatch between a system built for landlines 50 years ago and today's increasingly sophisticated smartphones that make most emergency calls in the U.S.   The analog system often struggles to decipher the precise location of calls coming from digital devices, resulting in emergency responders sometimes being sent a mile or more from people pleading for help.  
Categories: TECHNOLOGY NEWS

Trump orders Pentagon to create US 'space force'

SKY TECH - Mon, 06/18/2018 - 19:08
Donald Trump has ordered the Pentagon to create a US "space force", which he said would become the sixth branch of the American military.
Categories: TECHNOLOGY NEWS

SurveyMonkey confidentially files for IPO

TECHNEWS - Mon, 06/18/2018 - 19:00
(Reuters) - U.S. online survey company SurveyMonkey on Monday said it had confidentially registered for an initial public offering with the Securities and Exchange Commission, through its parent SVMK Inc.
Categories: TECHNOLOGY NEWS

Norway tests tiny electric plane, sees passenger flights by 2025

TECHNEWS - Mon, 06/18/2018 - 18:58
OSLO (Reuters) - Norway tested a two-seater electric plane on Monday and predicted a start to passenger flights by 2025 if new aviation technologies match a green shift that has made Norwegians the world's top buyers of electric cars.
Categories: TECHNOLOGY NEWS

YouTube's paid music and video services come to UK

BBC TECH - Mon, 06/18/2018 - 17:06
The platform will charge a fee for an ad-free experience with the ability to download content.
Categories: TECHNOLOGY NEWS

Square obtains NY State cryptocurrency license

TECHNEWS - Mon, 06/18/2018 - 17:03
NEW YORK (Reuters) - Square Inc , the payments company founded by Twitter Inc CEO Jack Dorsey, has obtained a license to offer New York state residents the ability to buy and sell bitcoin through its Cash App, the company said on Monday.
Categories: TECHNOLOGY NEWS

Swiss crypto firm says gets license to distribute funds

TECHNEWS - Mon, 06/18/2018 - 16:52
ZURICH (Reuters) - Zug-based Crypto Fund AG said on Monday it had received a license from the Swiss authorities to distribute funds (not to operate as an asset manager for crypto funds), saying it was the first time a crypto firm had been granted such permission.
Categories: TECHNOLOGY NEWS

EU sees signs of improvement after Google antitrust shopping case

TECHNEWS - Mon, 06/18/2018 - 16:45
BRUSSELS (Reuters) - It is too early to judge Google's reforms in response to an antitrust case over online shopping, though there are signs some rivals are benefiting, Europe's competition chief said on Monday.
Categories: TECHNOLOGY NEWS

Amazon sells Australians a way to beat geoblock with Prime

TECHNEWS - Mon, 06/18/2018 - 16:06
SYDNEY (Reuters) - Amazon.com Inc began offering its paid subscription service in Australia on Tuesday, wooing premium users with a way around the geoblock on its offshore websites that has drawn criticism in the world's 12th-biggest economy.
Categories: TECHNOLOGY NEWS

Asset manager says secures Swiss license to manage crypto funds

TECHNEWS - Mon, 06/18/2018 - 15:57
ZURICH (Reuters) - Zug-based Crypto Fund AG said on Monday it had received a license from the Swiss authorities to operate as an asset manager for crypto funds, saying it was the first time any firm had been granted such permission.
Categories: TECHNOLOGY NEWS

U.S. top court mulls Apple's App Store commissions in antitrust case

TECHNEWS - Mon, 06/18/2018 - 15:39
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday agreed to take up Apple Inc's bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should.
Categories: TECHNOLOGY NEWS

Amazon to add over 1,000 jobs in Ireland in country's biggest staff boost this year

TECHNEWS - Mon, 06/18/2018 - 15:22
DUBLIN (Reuters) - Amazon will add more than 1,000 new jobs in Ireland over the next two years, the U.S. online retail giant said on Monday, taking its workforce to more than 3,500 in a country that continues to be a magnet for major technology firms.
Categories: TECHNOLOGY NEWS

Canada's Magna partners with BAIC unit to make electric cars in China

TECHNEWS - Mon, 06/18/2018 - 14:35
(Reuters) - Canadian auto parts supplier Magna International Inc said on Monday it would set up two joint ventures with Beijing Electric Vehicle Co to build electric cars in China.
Categories: TECHNOLOGY NEWS

Huawei rejects Australia security concerns

BBC TECH - Mon, 06/18/2018 - 14:26
The Chinese telecoms company says worries about who controls it are "ill informed".
Categories: TECHNOLOGY NEWS

Canada's Magna forms JVs to make electric cars in China

TECHNEWS - Mon, 06/18/2018 - 14:14
(Reuters) - Canadian auto parts supplier Magna International Inc said on Monday it would set up two joint ventures with Beijing Electric Vehicle Co to build electric cars in China.
Categories: TECHNOLOGY NEWS

Elijah Wood reveals techno-horror VR game at E3

BBC TECH - Mon, 06/18/2018 - 13:31
Virtual reality game Transference presents the memories of a "traumatised mental patient"."
Categories: TECHNOLOGY NEWS

Facebook cuts out gun-accessory ads for children

BBC TECH - Mon, 06/18/2018 - 12:51
The change means children will no longer see ads for scopes, holsters and other gun accessories.
Categories: TECHNOLOGY NEWS

Behind flashy IPO of Japan's Mercari lies a thriving thrift economy

TECHNEWS - Mon, 06/18/2018 - 12:47
TOKYO (Reuters) - When flea market app Mercari makes its market debut on Tuesday, it will mark the appearance of one of Japan's rarest beasts: a tech unicorn.
Categories: TECHNOLOGY NEWS

China's Huawei rebuts Australian security concerns amid Sino-Canberra tensions

TECHNEWS - Mon, 06/18/2018 - 09:19
SYDNEY (Reuters) - Chinese telecoms equipment maker Huawei Technologies refuted Australian claims it poses a security risk, calling the criticism "ill-informed" in an open letter on Monday that threatens to inflame already heightened Sino-Canberra tensions.
Categories: TECHNOLOGY NEWS

China's Huawei blasts Australian security concerns amid Sino-Canberra tensions

TECHNEWS - Mon, 06/18/2018 - 06:12
SYDNEY (Reuters) - Chinese telecoms equipment maker Huawei Technologies Co Ltd [HWT.UL] said Australian claims it poses a security risk are "ill-informed" as it published an open letter on Monday that threatens to inflame already heightened Sino-Canberra tensions.
Categories: TECHNOLOGY NEWS

Google to invest $550 million in Chinese e-commerce giant JD.com

TECHNEWS - Mon, 06/18/2018 - 06:03
SINGAPORE (Reuters) - Google will invest $550 million in Chinese e-commerce powerhouse JD.com , part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com .
Categories: TECHNOLOGY NEWS

Exclusive: Mellanox nears truce with Starboard over board seats - sources

TECHNEWS - Mon, 06/18/2018 - 02:42
NEW YORK (Reuters) - Mellanox Technologies Inc , a chipmaker based in Israel and the United States, is close to reaching a deal with activist investor Starboard Value LP over the composition of its board of directors, people familiar with the matter said on Sunday.
Categories: TECHNOLOGY NEWS

China's Huawei goes on offensive as exclusion from Australia 5G deal looms

TECHNEWS - Mon, 06/18/2018 - 01:16
SYDNEY (Reuters) - Chinese telecommunications company Huawei Technologies Co Ltd [HWT.UL] has gone on the offensive against Australian claims it poses a security risk, issuing an open letter to the government saying that view was "ill-informed."
Categories: TECHNOLOGY NEWS

Computer game addiction: 'I spend 20 plus hours a week gaming'

BBC TECH - Sun, 06/17/2018 - 23:02
Gaming addiction is listed as a mental health condition for the first time by the World Health Organisation.
Categories: TECHNOLOGY NEWS

The bigger Cryptocurrencies get, the worse they perform: BIS

TECHNEWS - Sun, 06/17/2018 - 18:17
LONDON (Reuters) - Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest warning about the rise of virtual currencies.
Categories: TECHNOLOGY NEWS

BIS wants tighter rules for funds offering credit, fintech

TECHNEWS - Sun, 06/17/2018 - 18:13
LONDON (Reuters) - Regulations introduced after the financial crisis a decade ago to smooth out banking booms and busts should be extended to funds that provide credit, or shadow banks, and fintech firms, the Bank for International Settlements (BIS) said on Sunday.
Categories: TECHNOLOGY NEWS

South Africa's Liberty Holdings suffers cyber attack

TECHNEWS - Sun, 06/17/2018 - 15:45
JOHANNESBURG (Reuters) - South African insurer Liberty Holdings said on Sunday it had become the victim of a cyber attack, with an external party claiming to have seized data from the firm and demanding payment.
Categories: TECHNOLOGY NEWS

Time Machine Camera Means Never Missing the Moment

VOA TECH - Sun, 06/17/2018 - 07:52
It's happened to many of us. You fumble for your camera to record a precious moment but you're a little too late. A delayed touch of the button, an opportunity missed forever. But now entrepreneurs in the Netherlands are hoping to change that dynamic with a new camera that can capture events even before you hit the record button. VOA's Julie Taboh has more.
Categories: TECHNOLOGY NEWS

Cycle cities

BBC TECH - Sun, 06/17/2018 - 02:24
Urban spaces are congested and polluted, so do we all need to get on our bikes?
Categories: TECHNOLOGY NEWS

Tomorrow's Cities: The bike that tells the city what it wants

BBC TECH - Sun, 06/17/2018 - 02:24
In Manchester bikes are feeding back data to the city about where they go.
Categories: TECHNOLOGY NEWS

Hadron Collider upgrade to unlock more 'God particles'

SKY TECH - Sat, 06/16/2018 - 22:46
A  major upgrade to the Large Hadron Collider (LHC) is under way, with scientists hoping to produce four times more "God particles" a year and unlock further secrets about the universe's existence.
Categories: TECHNOLOGY NEWS

Portugal app empowers disabled to win better access to buildings

TECHNEWS - Sat, 06/16/2018 - 15:41
LISBON (Reuters) - Fed up with the obstacle course of Lisbon's narrow footways and stairs in doorways, wheelchair user Ricardo Teixeira has taken matters into his own hands, giving disabled people the chance to fight back and instantly report violations via a phone app.
Categories: TECHNOLOGY NEWS

Foxconn announces North American headquarters in Wisconsin

TECHNEWS - Sat, 06/16/2018 - 14:03
SHANGHAI (Reuters) - Taiwanese electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee, Wisconsin, following the purchase of a building in the city's downtown area.
Categories: TECHNOLOGY NEWS

Creating Cyberpunk 2077's world

BBC TECH - Sat, 06/16/2018 - 13:27
CD Projekt Red's quest designer Patrick Mills explains how he's created a disturbing city setting for the much-anticipated Cyberpunk 2077 game.
Categories: TECHNOLOGY NEWS

Technology Makes Soccer Training More Efficient

VOA TECH - Sat, 06/16/2018 - 07:17
Among the millions of fans watching the World Cup are amateur football players who have dreams of being as good as their heroes, Now, they have a new way to compare their performance to the best professionals in the game, so they can build their skills. The help comes from a new wearable device that uses GPS and other sensors to track their movements. Faiza Elmasry has the story. Faith Lapidus narrates.
Categories: TECHNOLOGY NEWS

Exclusive ride on first self-driving motorbike

SKY TECH - Sat, 06/16/2018 - 05:15
Sky News has been given an exclusive ride on the first self-driving motorbike.
Categories: TECHNOLOGY NEWS

Theranos CEO: Wunderkind to Federal Indictment

VOA TECH - Sat, 06/16/2018 - 02:26
Federal prosecutors have indicted Elizabeth Holmes on criminal fraud charges for allegedly defrauding investors, doctors and the public as the head of the once-heralded blood-testing startup Theranos. Federal prosecutors also brought charges against the company’s former second-in-command. Holmes, who was once considered a wunderkind of Silicon Valley, and her former Chief Operating Officer Ramesh Balwani, are charged with two counts conspiracy to commit wire fraud and nine counts of wire fraud, the U.S. Attorney’s Office for the Northern District of California said late Friday. If convicted, they could face prison sentences that would keep them behind bars for the rest of their lives, and total fines of $2.75 million each. Technology a fraud Prosecutors allege that Holmes and Balwani deliberately misled investors, policymakers and the public about the accuracy of Theranos’ blood-testing technologies. Holmes, 34, founded Theranos in Palo Alto, California, in 2003, pitching its technology as a cheaper way to run dozens of blood tests. Once considered the nation’s youngest female billionaire, Holmes said she was inspired to start the company in response to her fear of needles. But an investigation by The Wall Street Journal two years ago found that Theranos’ technology was a fraud, and that the company was using routine blood-testing equipment for the vast majority of its tests. The story raised concerns about the accuracy of Theranos’ blood testing technology, which put patients at risk of having conditions either misdiagnosed or ignored. “CEO Elizabeth Holmes and COO Sunny Balwani not only defrauded investors, but also consumers who trusted and relied upon their allegedly-revolutionary blood-testing technology,” Acting U.S. Attorney Alex Tse said in a statement. SEC charges The Securities and Exchange Commission brought civil fraud charges against Holmes and Balwani three months ago. Holmes settled with the SEC, agreeing to pay $500,000 in fines and penalties. Balwani, 53, is fighting the charges. As the charges were announced Friday, Theranos said Holmes would step down as CEO of the company and its general counsel, David Taylor, would become the company’s next CEO. Theranos laid off most of its staff earlier this year and is widely expected to file for bankruptcy. Holmes remains the company’s chairman. The company did not immediately respond to a message seeking comment on Friday’s indictments.
Categories: TECHNOLOGY NEWS

Apple, Qualcomm battle over possible ban on some U.S. iPhone imports

TECHNEWS - Sat, 06/16/2018 - 01:32
(Reuters) - The staff of the U.S. International Trade Commission on Friday recommended that a trade judge find that Apple Inc infringed at least one of Qualcomm Inc's patents, a move that could lead to blocking the import of some iPhones.
Categories: TECHNOLOGY NEWS

Video game influencers scout hot new titles at Los Angeles conference

TECHNEWS - Fri, 06/15/2018 - 23:50
LOS ANGELES (Reuters) - Video game influencers scoured the industry's massive trade show this week to find the hottest new titles, looking for material to fuel their careers playing video games for online audiences.
Categories: TECHNOLOGY NEWS

Trump sets tariffs on $50 billion in Chinese goods; Beijing strikes back

TECHNEWS - Fri, 06/15/2018 - 23:33
WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world's two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.
Categories: TECHNOLOGY NEWS

AT&T CEO says ready to invest, WarnerMedia rebranding unveiled

TECHNEWS - Fri, 06/15/2018 - 22:55
(Reuters) - AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc, Chief Executive Randall Stephenson told CNBC on Friday, with a plan to invest $21 billion to $22 billion in the combined company.
Categories: TECHNOLOGY NEWS

Apple Nabs Oprah as Top Talent Flocks to Digital Entertainment

VOA TECH - Fri, 06/15/2018 - 22:27
Apple Inc on Friday announced a multiyear deal with Oprah Winfrey to create original programming, a coup in the battle for A-list talent and projects in the booming digital entertainment market. "Together, Winfrey and Apple will create original programs that embrace her incomparable ability to connect with audiences around the world," Apple said in a statement. Apple gave no details of the type of programming that Winfrey would create, the value of the deal, or when it might be released. Winfrey had no immediate comment. Winfrey, 64, an influential movie and TV producer who also publishes a magazine, is expected to appear on screen, a source familiar with the deal said. Apple has not said how it plans to distribute its programming, to which it has committed an initial $1 billion. The partnership is the biggest original content deal struck by Apple so far as it aims to compete with Netflix Inc, Amazon.com Inc and Time Warner Inc's HBO. Netflix, which has said it will spend up to $8 billion on programming this year, in May struck a multiyear deal with former U.S. President Barack Obama and his wife Michelle to produce films, documentaries and other content. Netflix, the world's leading streaming entertainment provider, has also lured prolific television producers Ryan Murphy and Shonda Rhimes away from broadcast television. Amazon said in November it had bought the global television rights to "The Lord of the Rings" and would produce a multi-season series that explores new storylines preceding author J.R.R. Tolkien's "The Fellowship of the Ring." Earlier this week, Amazon also announced a development deal with Oscar-winning actress Nicole Kidman's production company for movies and television. For its part, Apple in November ordered two seasons of a dramatic series with Hollywood stars Reese Witherspoon and Jennifer Aniston, looking at the lives of people working on a morning television show. Other projects Apple has announced include a remake of Steven Spielberg's 1980s science fiction anthology series "Amazing Stories," based on Isaac Asimov's influential "Foundation" science fiction novels, and a drama from "La La Land" movie director Damian Chazelle. Under the deal with Winfrey, she will remain chief executive of cable channel OWN, which she launched in 2011 in partnership with Discovery Inc. Winfrey in December extended her contract with OWN through 2025, OWN and Apple said. Under her contract with OWN, Winfrey can appear on camera on other platforms on a limited basis. Known in the United States by millions on a first-name basis, Winfrey rose to fame as the host of her own television talk show, using it to build a media empire that spans magazine publishing, movie and television production, cable TV and satellite radio. Born into poverty, she is one of the world's wealthiest women and has been nominated for two Academy Awards. A rousing speech by Winfrey at the Golden Globes awards ceremony in January triggered an online campaign to persuade her to run for U.S. president in 2020. She dismissed the notion, telling InStyle magazine in an interview, "It's not something that interests me."
Categories: TECHNOLOGY NEWS

Trump sets $50 billion in China tariffs; Beijing vows to strike back

TECHNEWS - Fri, 06/15/2018 - 22:24
WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world's two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.
Categories: TECHNOLOGY NEWS

Apple poaches senior self-driving engineer from Waymo

TECHNEWS - Fri, 06/15/2018 - 21:41
(Reuters) - Apple Inc has hired a senior self-driving car engineer from Alphabet Inc's Waymo unit, Apple said on Friday, a sign that the iPhone maker maintains autonomous vehicle ambitions.
Categories: TECHNOLOGY NEWS

Sprint, T-Mobile plan to file deal application to FCC on Monday

TECHNEWS - Fri, 06/15/2018 - 19:11
WASHINGTON (Reuters) - Wireless companies Sprint Corp and T-Mobile US Inc have informed the Federal Communications Commission that they will formally file an application asking for approval to merge on Monday, according to a document seen by Reuters.
Categories: TECHNOLOGY NEWS

Kaspersky Lab halts European cybercrime work

BBC TECH - Fri, 06/15/2018 - 18:59
The security firm halted the work after questions were asked in the European Parliament about its software.
Categories: TECHNOLOGY NEWS

AT&T CEO says ready to invest, keep culture at Time Warner: CNBC

TECHNEWS - Fri, 06/15/2018 - 18:16
(Reuters) - AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc, Chief Executive Randall Stephenson told CNBC on Friday, with a plan to invest $21 billion to $22 billion in the combined company.
Categories: TECHNOLOGY NEWS

Comcast gains unconditional EU antitrust approval to buy Sky

TECHNEWS - Fri, 06/15/2018 - 16:32
BRUSSELS (Reuters) - EU antitrust regulators have given the green light to U.S. cable company Comcast's plan to acquire European pay-TV group Sky without demanding concessions.
Categories: TECHNOLOGY NEWS

With jobs short but power cheap, Kosovars get mining - cryptocurrency

TECHNEWS - Fri, 06/15/2018 - 16:22
PRISTINA/SARAJEVO (Reuters) - What do you do in Kosovo, one of Europe's poorest countries, if you're unemployed but young, computer-savvy and proficient in English? If you're also entrepreneurial, one cottage industry you might consider is 'mining' cryptocurrency, or digital coins.
Categories: TECHNOLOGY NEWS

Carrefour boss hails progress in e-commerce strategy

TECHNEWS - Fri, 06/15/2018 - 15:35
PARIS (Reuters) - Carrefour's new alliances with tech giants Google and China's Tencent show the French retailer's e-commerce offensive is making big progress, chief executive Alexandre Bompard told shareholders on Friday.
Categories: TECHNOLOGY NEWS

Trump sets $50 billion in China tariffs with Beijing ready to strike back

TECHNEWS - Fri, 06/15/2018 - 14:56
WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies.
Categories: TECHNOLOGY NEWS

Trump announces 25 percent tariff on Chinese technology

TECHNEWS - Fri, 06/15/2018 - 14:30
WASHINGTON (Reuters) - President Donald Trump on Friday announced that the United States will implement a 25 percent tariff on $50 billion of goods from China related to intellectual property and technology, and pledged to impose further levies if the Asian nation takes retaliatory measures.
Categories: TECHNOLOGY NEWS

E3: What you might have missed

BBC TECH - Fri, 06/15/2018 - 14:21
Here are the stories that may have slipped under your radar during gaming's busiest week.
Categories: TECHNOLOGY NEWS

Qualcomm extends cash tender offer to buy NXP shares

TECHNEWS - Fri, 06/15/2018 - 13:55
(Reuters) - Qualcomm Inc has extended by a week its cash tender offer to buy all shares of NXP Semiconductors NV for $44 billion, the chipmaker said on Friday.
Categories: TECHNOLOGY NEWS

Google diversity figures show little change

BBC TECH - Fri, 06/15/2018 - 13:33
The tech giant's new reports reveals that fewer than 30% of its global staff are women.
Categories: TECHNOLOGY NEWS

Protests greet Brussels copyright reform plan

BBC TECH - Fri, 06/15/2018 - 13:29
Critics say changes to copyright laws could "break" the net and stifle online life and creativity.
Categories: TECHNOLOGY NEWS

Carrefour boss says e-commerce strategy starting to bear fruit

TECHNEWS - Fri, 06/15/2018 - 13:04
PARIS (Reuters) - Carrefour boss Alexandre Bompard on Friday told shareholders that new alliances with tech giants Google and China's Tencent showed the French retailer's e-commerce offensive was making an impact.
Categories: TECHNOLOGY NEWS

Concerns about Google's access to NHS patient data

SKY TECH - Fri, 06/15/2018 - 12:50
Google's collection of NHS patients' data has prompted an independent panel to call for the company to address concerns about how it might monetise this access in the future.
Categories: TECHNOLOGY NEWS

Chinese cyber attacks on Taiwan government becoming harder to detect: source

TECHNEWS - Fri, 06/15/2018 - 12:46
TAIPEI (Reuters) - Cyber attacks from China on Taiwan's government computers are becoming more difficult to detect, a source close to government discussions said, as hackers increasingly use online platforms such as search engines to break into systems.
Categories: TECHNOLOGY NEWS

China vows action against 'blind' electric vehicle growth

TECHNEWS - Fri, 06/15/2018 - 12:39
SHANGHAI (Reuters) - China will take action to curb the "blind" development of its rapidly growing electric vehicle sector, a spokeswoman for the state planning agency said on Friday.
Categories: TECHNOLOGY NEWS

Astronomers watch a black hole eating a star

SKY TECH - Fri, 06/15/2018 - 12:03
For the first time, astronomers have directly imaged the jet of material ejected when a black hole eats a star.
Categories: TECHNOLOGY NEWS

'Special' amber fossil of prehistoric frog found

SKY TECH - Fri, 06/15/2018 - 11:17
In the film Jurassic Park, dinosaur DNA is extracted from mosquitoes which had been preserved in amber.
Categories: TECHNOLOGY NEWS

Scientists spot 121 planets with habitable moons

SKY TECH - Fri, 06/15/2018 - 10:46
The search for alien life continues as scientists have identified 121 giant planets which could potentially have habitable moons.
Categories: TECHNOLOGY NEWS

How Assassin's Creed Odyssey is 'creating equal opportunities'

BBC TECH - Fri, 06/15/2018 - 10:35
The narrative director of Assassin's Creed Odyssey, Mel MacCoubrey, explains how the new game's interactive features give people choice over how they play.
Categories: TECHNOLOGY NEWS

Zara looks to technology to keep up with faster fashion

TECHNEWS - Fri, 06/15/2018 - 10:17
MADRID (Reuters) - The pioneer of fast fashion isn't looking so fast anymore.
Categories: TECHNOLOGY NEWS

New Snapchat feature to rival 'login with Facebook'

SKY TECH - Fri, 06/15/2018 - 09:57
Snapchat users will soon be able to use their account on the messaging service to log in to their other favourite apps.
Categories: TECHNOLOGY NEWS

The 3D magnets that go inside your body plus other news

BBC TECH - Fri, 06/15/2018 - 09:52
BBC Click's Lara Lewington looks at some of the best technology news stories of the week.
Categories: TECHNOLOGY NEWS

ZTE's shares slide on trade war jitters, lost 30 percent of market value this week

TECHNEWS - Fri, 06/15/2018 - 09:43
HONG KONG (Reuters) - Shares of ZTE Corp plummeted on Friday on renewed worries of a trade war and the Chinese telecommunications giant has now lost 30 percent of its market value since share trading resumed this week.
Categories: TECHNOLOGY NEWS

E3: The retro arcade machines that sit on your desk

BBC TECH - Fri, 06/15/2018 - 09:25
A start-up has recreated classic video game cabinets but at a much smaller size than the originals.
Categories: TECHNOLOGY NEWS

Massive dust storm on Mars knocks out NASA rover

SKY TECH - Fri, 06/15/2018 - 09:14
A huge dust storm is raging on Mars and has knocked out NASA's Opportunity rover as harsh conditions overwhelm the planet and blocks out the sun.
Categories: TECHNOLOGY NEWS

China's ride-hailing giant Didi to launch in Australia

BBC TECH - Fri, 06/15/2018 - 07:07
China's Didi Chuxing will compete with India's Ola and Uber when it launches in Melbourne on 25 June.
Categories: TECHNOLOGY NEWS

Call of Duty takes aim at Fortnite Battle Royale at E3

BBC TECH - Fri, 06/15/2018 - 06:54
CoD is adopting a last-fighter-standing challenge, but can it beat Fortnite at its own game?
Categories: TECHNOLOGY NEWS

Qualcomm-NXP deal still waiting for China nod: sources

TECHNEWS - Fri, 06/15/2018 - 06:30
BEIJING/SHANGHAI (Reuters) - China is yet to approve U.S. chipmaker Qualcomm Inc's proposed $44 billion acquisition of NXP Semiconductors , three people close to the talks said, dismissing an earlier media report that said Beijing had already greenlit the deal.
Categories: TECHNOLOGY NEWS

Chinese ride-sharing giant Didi picks Australia for first Western foray

TECHNEWS - Fri, 06/15/2018 - 06:26
SYDNEY (Reuters) - Didi Chuxing Technology Co Ltd, the Chinese ride-sharing company which bought the mainland operations of Uber Technologies Inc [UBER.UL], said it will begin offering its service this month in Australia, its first foray in a Western country.
Categories: TECHNOLOGY NEWS

AT&T closes $85 billion deal for Time Warner

TECHNEWS - Fri, 06/15/2018 - 03:25
WASHINGTON (Reuters) - AT&T Inc, the No. 2 wireless carrier, on Thursday closed its $85 billion deal to acquire media company Time Warner Inc after U.S. antitrust regulators indicated they would not seek a delay.
Categories: TECHNOLOGY NEWS

How Reuters reported the AT&T-Time Warner ruling first

TECHNEWS - Fri, 06/15/2018 - 02:41
(Reuters) - For U.S. media companies and investors, it was the ruling of the decade.
Categories: TECHNOLOGY NEWS

What's it thinking?

BBC TECH - Fri, 06/15/2018 - 01:11
"Deep learning" algorithms are becoming so complex their creators don't understand how they work.
Categories: TECHNOLOGY NEWS

AI gives silenced radio journalist his voice back

BBC TECH - Fri, 06/15/2018 - 01:09
Neural networks have given political radio journalist Jamie Dupree the ability to speak once more.
Categories: TECHNOLOGY NEWS

China regulators approve Qualcomm-NXP Semiconductors merger deal: SCMP

TECHNEWS - Fri, 06/15/2018 - 00:52
(Reuters) - Chinese regulators have approved Qualcomm Inc's proposed merger with NXP Semiconductors , South China Morning Post reported on Thursday, citing people with knowledge of the matter.
Categories: TECHNOLOGY NEWS

Broadcom lays off 1,100 employees after Brocade merger

TECHNEWS - Thu, 06/14/2018 - 23:53
(Reuters) - Broadcom Inc said it had laid off about 1,100 employees across its businesses to cut costs after its merger with Brocade Communications Systems.
Categories: TECHNOLOGY NEWS

U.S. agency asks judge to rule virtual currency is commodity

TECHNEWS - Thu, 06/14/2018 - 23:45
BOSTON (Reuters) - The U.S. Commodity Futures Trading Commission on Thursday urged a federal judge to conclude that an obscure virtual currency called My Big Coin is a commodity subject to its oversight, saying it is no different than precious metals like gold.
Categories: TECHNOLOGY NEWS

UK regulator Ofcom concerned by BT's involvement in Openreach's planning process

TECHNEWS - Thu, 06/14/2018 - 23:13
(Reuters) - Britain's media regulator Ofcom said it was concerned by the involvement of broadband and mobile provider BT Group Plc in developing the strategic plans of its networks business Openreach, despite splitting the operations.
Categories: TECHNOLOGY NEWS

Elon Musk's Boring Co to build high-speed airport link in Chicago

TECHNEWS - Thu, 06/14/2018 - 22:29
CHICAGO (Reuters) - Chicago has selected Elon Musk's Boring Co to build a $1 billion underground transit system that will whisk people from Chicago's downtown Loop district to O'Hare International Airport at 150 miles per hour (240 km per hour), the billionaire entrepreneur and Mayor Rahm Emanuel said on Thursday.
Categories: TECHNOLOGY NEWS

U.S. SEC official says ether not a security, price surges

TECHNEWS - Thu, 06/14/2018 - 22:21
NEW YORK (Reuters) - The price of ether rose on Thursday after a senior official at the U.S. Securities and Exchange Commission stated that the cryptocurrency was not a security, thus exempting certain transactions in the token from federal securities laws.
Categories: TECHNOLOGY NEWS

Facebook's public relations chief to step down

TECHNEWS - Thu, 06/14/2018 - 22:15
SAN FRANCISCO (Reuters) - Facebook Inc said on Thursday that Elliot Schrage, who as head of communications and public policy has led the social network's response to scandals about privacy and election meddling, would step down from the company after a decade.
Categories: TECHNOLOGY NEWS

Facebook's chief of communications, policy to step down

TECHNEWS - Thu, 06/14/2018 - 21:48
SAN FRANCISCO (Reuters) - Facebook Inc said on Thursday that Elliot Schrage, who as head of communications and public policy has led the social network's response to scandals about privacy and election meddling, would step down from the company after a decade.
Categories: TECHNOLOGY NEWS

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