TECHNOLOGY NEWS

Indian shopkeepers plan sit-in protest against Walmart's Flipkart buy

TECHNEWS - Mon, 07/02/2018 - 08:27
MUMBAI (Reuters) - A lobby group of small Indian traders and shopkeepers has asked tens of thousands of its members to hold protests across the country on Monday against Walmart Inc's proposed $16 billion acquisition of e-commerce firm Flipkart.
Categories: TECHNOLOGY NEWS

Panasonic to consider more investment in Tesla's Gigafactory if asked: executive

TECHNEWS - Mon, 07/02/2018 - 07:22
OSAKA (Reuters) - Panasonic Corp would consider further investment in Tesla Inc's so-called Gigafactory if requested by the U.S. electric vehicle maker, an executive at the Japanese conglomerate said on Monday.
Categories: TECHNOLOGY NEWS

Coming soon from Netflix: Three dozen billboards in Hollywood

TECHNEWS - Mon, 07/02/2018 - 07:05
NEW YORK and LOS ANGELES (Reuters) - Netflix Inc, the streaming video pioneer that revolutionized television, is investing in one of the oldest forms of media to gain an edge in the raging battle for online viewers and top-notch talent.
Categories: TECHNOLOGY NEWS

Panasonic would consider extra investment in Tesla's Gigafactory if requested: executive

TECHNEWS - Mon, 07/02/2018 - 06:06
OSAKA (Reuters) - Japan's Panasonic Corp would consider additional investment in Tesla Inc's automotive battery plant in the U.S. state of Nevada if requested by the U.S. electric car manufacturer, an executive said on Monday.
Categories: TECHNOLOGY NEWS

Panasonic would consider additional investment in Tesla's Gigafactory if requested: executive

TECHNEWS - Mon, 07/02/2018 - 05:43
OSAKA (Reuters) - Japan's Panasonic Corp would consider additional investment in Tesla Inc's automotive battery plant in the U.S. state of Nevada if requested by the U.S. electric car manufacturer, an executive said on Monday.
Categories: TECHNOLOGY NEWS

UK's Centricus teams up with Chinese firms to set up $15 bln tech fund

TECHNEWS - Mon, 07/02/2018 - 00:24
(Reuters) - London-based investment firm Centricus has partnered with Chinese firms China Merchants Group and SPF Group to launch a 100 billion Chinese yuan ($15.11 billion) fund to invest in technology companies, the three companies said on Sunday.
Categories: TECHNOLOGY NEWS

Swedish Researches Developing 3-D VR Model of Milky Way

VOA TECH - Sun, 07/01/2018 - 22:40
Researchers at a public university in Sweden are creating a 3-D, virtual reality model of the Milky Way. They say their work could change how surgeons separated by oceans collaborate on medical examinations. VOA's Arash Arabasadi reports.
Categories: TECHNOLOGY NEWS

Dell nears deal buy out VMWare tracking stock with cash and equity: source

TECHNEWS - Sun, 07/01/2018 - 22:28
(Reuters) - Dell Inc. is nearing a deal to buy out the holders of shares that track the performance of VMWare Inc using a mix of cash and equity in Dell, people familiar with the matter said on Sunday.
Categories: TECHNOLOGY NEWS

Dell near deal to swap out DVMT tracking shares: WSJ

TECHNEWS - Sun, 07/01/2018 - 22:05
(Reuters) - Dell Inc is close to a deal to combine shares that track its VMware Inc virtualization-software unit in an effort that would result in a public listing for the personal computer and data storage company, the Wall Street Journal said on Sunday.
Categories: TECHNOLOGY NEWS

Adapt or die

BBC TECH - Sun, 07/01/2018 - 08:55
Carlos Ghosn says traditional car companies face many challenges in an era of automation and electrification.
Categories: TECHNOLOGY NEWS

Hi-tech dreamcatcher defeats sleep amnesia

BBC TECH - Sun, 07/01/2018 - 01:46
The device designed to capture your dreams and offer more creative waking lives.
Categories: TECHNOLOGY NEWS

Explosion as rocket crashes after lift-off

SKY TECH - Sat, 06/30/2018 - 12:38
A rocket has crashed back down to Earth just six seconds after taking off in Japan.
Categories: TECHNOLOGY NEWS

'Insect Vision' Hunts Down Asteroids

VOA TECH - Sat, 06/30/2018 - 07:21
June 30 marks Asteroid Day, a U.N.-sanctioned campaign to promote awareness around the world of what's up in the sky. In Milan, scientists are assembling a new telescope that uses "insect vision" to spot risky celestial objects. Faith Lapidus explains.
Categories: TECHNOLOGY NEWS

Fortnite: A fortnight in my 40s in Battle Royale

BBC TECH - Sat, 06/30/2018 - 02:25
A lapsed gamer is challenged to spend a fortnight playing Fortnite to understand its appeal.
Categories: TECHNOLOGY NEWS

AI to help tackle fake news in Mexican election

BBC TECH - Sat, 06/30/2018 - 02:05
The smart software will help media groups debunk fake news and respond to reports of violence.
Categories: TECHNOLOGY NEWS

Apple rebuilds mapping app, but will still tap TomTom

TECHNEWS - Fri, 06/29/2018 - 23:27
(Reuters) - Apple Inc is rebuilding the widely used mapping application on its iPhones from the ground up with its own dataset, but Amsterdam-based TomTom NV will continue to be a data provider for Apple's maps app, Cupertino, California-based Apple told Reuters on Friday.
Categories: TECHNOLOGY NEWS

Electric car buyers claim they were misled by Nissan

BBC TECH - Fri, 06/29/2018 - 23:05
Nissan is accused of exaggerating the benefits of its latest Leaf electric car model.
Categories: TECHNOLOGY NEWS

Game on for Tencent-backed Paradox in M&A and mobile

TECHNEWS - Fri, 06/29/2018 - 17:50
STOCKHOLM/LONDON (Reuters) - Tencent-backed strategy and simulation games publisher Paradox Interactive expects more acquisitions and mobile gaming to help it meet sky-high investor expectations.
Categories: TECHNOLOGY NEWS

Qualcomm extends NXP tender offer yet again

TECHNEWS - Fri, 06/29/2018 - 17:03
(Reuters) - U.S. chipmaker Qualcomm Inc on Friday extended the tender offer for its proposed $44 billion deal to buy NXP Semiconductors NV for the 29th time as it awaits clearance from the Chinese government.
Categories: TECHNOLOGY NEWS

Portuguese tech firm uncorks a smartphone made using cork

TECHNEWS - Fri, 06/29/2018 - 15:52
CORUCHE, Portugal (Reuters) - A Portuguese tech firm is uncorking an Android smartphone whose case is made from cork, a natural and renewable material native to the Iberian country.
Categories: TECHNOLOGY NEWS

China's ZTE shakes up board in bid for U.S. ban lift

TECHNEWS - Fri, 06/29/2018 - 15:14
SHENZHEN, China/HONG KONG (Reuters) - Chinese telecoms giant ZTE Corp announced a new board on Friday in a radical management shakeup as part of a $1.4 billion deal with the United States, moving it closer toward getting a devastating American supplier ban lifted.
Categories: TECHNOLOGY NEWS

'Flying brain' and 'world's strongest coffee' fired into space

SKY TECH - Fri, 06/29/2018 - 13:48
SpaceX has sent the first robot with artificial intelligence - nicknamed the "flying brain" - to the International Space Station.
Categories: TECHNOLOGY NEWS

Legal bid to throw out US sex trafficking law

BBC TECH - Fri, 06/29/2018 - 12:55
The US law is hitting the people it was supposed to protect, argue digital rights campaigners.
Categories: TECHNOLOGY NEWS

Floating robot Cimon sent to International Space Station

BBC TECH - Fri, 06/29/2018 - 12:31
The ball-shaped robot that can move around in zero gravity blasts off to the International Space Station.
Categories: TECHNOLOGY NEWS

Bitcoin skids below $6,000, hits lowest level since November

TECHNEWS - Fri, 06/29/2018 - 12:18
LONDON (Reuters) - Bitcoin's value slid to its lowest level since November on Friday, as waning investor interest and recent negative headlines from global regulators weakened demand for the cryptocurrency and most of its rivals.
Categories: TECHNOLOGY NEWS

China's Xiaomi raises $4.72 billion after pricing HK IPO at bottom of range: sources

TECHNEWS - Fri, 06/29/2018 - 12:17
HONG KONG (Reuters/IFR) - China's Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world's biggest tech float in four years, people close to the transaction said on Friday.
Categories: TECHNOLOGY NEWS

Facebook still evasive over Cambridge Analytica and fake news: UK lawmakers

TECHNEWS - Fri, 06/29/2018 - 11:50
LONDON (Reuters) - Facebook is continuing to be evasive in its answers to a British parliamentary committee examining a scandal over misuse of the social media company's data by Cambridge Analytica, the committee's chair said on Friday.
Categories: TECHNOLOGY NEWS

Fake bookings hit Singapore's Ryde Technologies

BBC TECH - Fri, 06/29/2018 - 11:42
Ryde Technologies says 2,000 "phantom bookings" have cost its drivers thousands of dollars.
Categories: TECHNOLOGY NEWS

Tesco trials shopping without tills

BBC TECH - Fri, 06/29/2018 - 11:05
The retailer is testing whether shoppers can buy products using an app, rather than visiting a till.
Categories: TECHNOLOGY NEWS

Embattled ZTE expected to unveil new board in push for U.S. ban lift

TECHNEWS - Fri, 06/29/2018 - 10:18
SHENZHEN, China/HONG KONG (Reuters) - Chinese telecoms giant ZTE Corp is expected to announce a radical management overhaul following a shareholder meeting on Friday, in line with conditions laid out in a $1.4 billion settlement deal to lift a crippling U.S. supplier ban.
Categories: TECHNOLOGY NEWS

HAL-like robot to help astronaut in space odyssey

TECHNEWS - Fri, 06/29/2018 - 10:04
Cape Canaveral, Fla. (Reuters) - A science fiction-inspired robot hardwired to assist astronauts will launch from Florida early Friday morning to become the first personal, artificial intelligence-powered companion in space. 
Categories: TECHNOLOGY NEWS

Japan's Sharp ditches $2 billion share issue plan after investor backlash

TECHNEWS - Fri, 06/29/2018 - 08:09
TOKYO (Reuters) - Japan's Sharp Corp scrapped a plan to issue up to $2 billion in new shares, changing its mind in a matter of weeks after the initial announcement prompted investors to dump its shares on fears of earnings per share dilution.
Categories: TECHNOLOGY NEWS

China's Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources

TECHNEWS - Fri, 06/29/2018 - 07:44
HONG KONG (Reuters/IFR) - China's Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world's biggest tech float in four years, people close to the transaction said on Friday.
Categories: TECHNOLOGY NEWS

Singapore police investigate 'phantom' ride-hailing bookings

TECHNEWS - Fri, 06/29/2018 - 07:16
SINGAPORE (Reuters) - Singapore police said on Friday they are investigating a complaint from Ryde Technologies, a new entrant in the city state's competitive ride-hailing business, that alleged fake bookings were made on its app.
Categories: TECHNOLOGY NEWS

Embattled ZTE to unveil new board in step toward U.S. ban lift

TECHNEWS - Fri, 06/29/2018 - 07:09
SHENZHEN/HONG KONG (Reuters) - Chinese telecoms giant ZTE Corp is expected to announce a radical management overhaul following a shareholder meeting on Friday, in line with conditions laid out in a $1.4 billion settlement deal to lift a crippling U.S. supplier ban.
Categories: TECHNOLOGY NEWS

China's Xiaomi prices Hong Kong IPO at bottom of range: sources

TECHNEWS - Fri, 06/29/2018 - 06:37
HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, said people close to the transaction.
Categories: TECHNOLOGY NEWS

China's Xiaomi prices Hong Kong IPO at bottom of range: IFR

TECHNEWS - Fri, 06/29/2018 - 06:31
HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, Thomson Reuters publication IFR reported on Friday, citing sources close to the transaction.
Categories: TECHNOLOGY NEWS

Trump says SoftBank Son's U.S. investment hitting $72 billion

TECHNEWS - Fri, 06/29/2018 - 04:51
MT. PLEASANT, Wis. - U.S. President Donald Trump said on Thursday SoftBank Group Corp Chief Executive Masayoshi Son is increasing his investment in the United States to $72 billion, significantly more than the $50 billion he had previously pledged.
Categories: TECHNOLOGY NEWS

China's penetration of Silicon Valley creates risks for startups

TECHNEWS - Fri, 06/29/2018 - 04:24
SAN FRANCISCO (Reuters) - Danhua Capital has invested in some of Silicon Valley's most promising startups in areas like drones, artificial intelligence and cyber security. The venture capital firm is based just outside Stanford University, the epicenter of U.S. technology entrepreneurship.
Categories: TECHNOLOGY NEWS

China Tower wins approval for Hong Kong IPO of up to $10 billion: sources

TECHNEWS - Fri, 06/29/2018 - 04:04
HONG KONG (Reuters/IFR) - China Tower, the world's largest mobile mast operator, has won approval in Hong Kong for an IPO that could raise up to $10 billion, according to people familiar with the situation.
Categories: TECHNOLOGY NEWS

Trump says SoftBank's Son increasing U.S. investment

TECHNEWS - Fri, 06/29/2018 - 03:37
MT. PLEASANT, Wis. - U.S. President Donald Trump said on Thursday SoftBank Group Corp Chief Executive Masayoshi Son is increasing his investment in the United States to $72 billion, significantly more than the $50 billion he had previously pledged.
Categories: TECHNOLOGY NEWS

Verizon to shut down award-winning go90 mobile video app: company

TECHNEWS - Fri, 06/29/2018 - 02:16
(Reuters) - Verizon Communications Inc is shutting down its mobile video service go90 less than three years after it launched, a company spokeswoman said.
Categories: TECHNOLOGY NEWS

China's ZTE still in limbo over U.S. Commerce ban

TECHNEWS - Fri, 06/29/2018 - 02:01
(Reuters) - The U.S. Department of Commerce still has not worked out the details necessary for lifting the ban on China's ZTE Corp , a spokesman said on Thursday, even though an official last week said the final steps would be taken in a "couple of days."
Categories: TECHNOLOGY NEWS

Get me out of here!

BBC TECH - Fri, 06/29/2018 - 01:29
How instant feedback software and AI bots could make meetings more interesting and productive.
Categories: TECHNOLOGY NEWS

The pizza-making robot and other news

BBC TECH - Fri, 06/29/2018 - 01:27
BBC Click's Omar Mehtab looks at some of the best technology news stories of the week.
Categories: TECHNOLOGY NEWS

Legal battles, education sessions and firings: Inside the fight for unions at Samsung

TECHNEWS - Fri, 06/29/2018 - 01:20
SEOUL (Reuters) - When Jo Jang-hee, a restaurant manager at a Samsung amusement park, tried to set up a labor union in 2011, human resources managers gathered him and some 60 colleagues into a basement seminar room.
Categories: TECHNOLOGY NEWS

Blockbuster Chinese tech IPOs face bumpy ride as trade tensions rise

TECHNEWS - Fri, 06/29/2018 - 01:04
HONG KONG (Reuters) - Chinese tech titans preparing to float in Hong Kong and New York are likely to face a bumpy ride if trade tensions between the world's two biggest economies persist, potentially dragging on capital raisings after a stellar first half.
Categories: TECHNOLOGY NEWS

Praise for Foxconn, Warning to Harley by Trump in Wisconsin    

VOA TECH - Thu, 06/28/2018 - 23:45
Hailing "great economic success" during the first 18 months of his administration, U.S. President Donald Trump is calling for more companies to be like Taiwan's electronics component manufacturer Foxconn and invest in the United States.  At a groundbreaking event for the foreign company's latest and largest investment in the upper Midwestern state of Wisconsin, Trump described the planned $10 billion manufacturing facility "as the eighth wonder of the world."  That may be a generous exaggeration, but the plant is one of the largest foreign direct investment projects ever in the United States.  "We are demanding from foreign countries, friend and foe, fair and reciprocal trade," Trump said, as he defended his confrontational trade policies and hailed further direct investment in the United States by manufacturers from other countries.  Trump hailed Foxconn's decision to increase its investment in Wisconsin, while criticizing a plan by an iconic American company in the same state to move some production overseas in response to retaliatory tariffs planned by European companies in response to the president's punitive import taxes.  "Harley-Davidson, please build those beautiful motorcycles in the USA," Trump said. "Don't get cute with us."  The president added: "Your customers won't be happy if you don't." Trump defended tariffs he has imposed on foreign steel and aluminum, proclaiming that "business is through the roof" in the United States as a result.  The primary focus of Trump's remarks on Thursday was Foxconn's decision to build flat-screen, liquid crystal display panels in Racine County, Wisconsin.  The maker of components for and assembler of Apple iPhones was offered what is described as the largest financial incentive ever for a foreign company by a U.S. state.  Wisconsin is giving Foxconn $3 billion in tax credits and other incentives. In exchange, the state expects to see the facility create thousands of jobs.  Trump spoke in front of a giant video display that said "USA Open for Business" after touring an existing Foxconn facility at the Wisconsin Valley Science and Technology Park.  Foxconn's founder and chairman Terry Gou told the audience that during each of his several previous meetings with the president, Trump always emphasized "jobs, jobs, jobs."  Added Gou, "He truly cares about improving the lives of the American people."  The new plant, which will take two years to build and employ 10,000 construction workers, will include a 1.8 million square meter campus situated on 1,200 hectares. Foxconn has promised that the LCD facility will eventually employ up to 13,000 people.  Not everyone in the state is overjoyed about what is being billed as a transformational project for Wisconsin's economy, better known for dairy products than high technology.  The state's legislative bureau predicts it will be a quarter of a century before Wisconsin receives enough tax revenue to match its initial investment. And others are raising concern about its environmental impact.  "Building the Foxconn factory complex on prime farmland in rural Wisconsin constitutes a textbook example of unsustainable development," said David Petering, distinguished professor of chemistry and biochemistry at the University of Wisconsin-Milwaukee. Petering told VOA News the facility will be a "major source of a variety of harmful air pollutants that will put nearby residents at risk and contribute to climate change. In addition, it will need to break the Great Lakes Compact law to get millions of gallons of water from Lake Michigan." 
Categories: TECHNOLOGY NEWS

California lawmakers approve data-privacy bill opposed by Silicon Valley

TECHNEWS - Thu, 06/28/2018 - 23:03
SAN FRANCISCO (Reuters) - California state lawmakers on Thursday unanimously passed a data privacy bill aimed at giving consumers more control over how companies collect and manage their personal information, a bill that Google parent Alphabet Inc and other big companies have opposed.
Categories: TECHNOLOGY NEWS

AT&T to pay $5.25 mln to settle U.S. probe into '911' call outages

TECHNEWS - Thu, 06/28/2018 - 22:47
WASHINGTON (Reuters) - AT&T Inc will pay $5.25 million to settle a U.S. investigation after two outages in 2017 prevented about 15,000 callers from making emergency "911" calls, the company and a federal regulator said on Thursday.
Categories: TECHNOLOGY NEWS

AT&T to pay $5.25 million to settle U.S. probe into '911' call outages

TECHNEWS - Thu, 06/28/2018 - 21:52
WASHINGTON (Reuters) - AT&T Inc will pay $5.25 million to settle a U.S. investigation after two outages in 2017 prevented about 15,000 callers from making emergency "911" calls, documents show.
Categories: TECHNOLOGY NEWS

Digital currency sales hit $13.7 billion in first five months of 2018: report

TECHNEWS - Thu, 06/28/2018 - 21:22
NEW YORK (Reuters) - Digital currency sales jumped to $13.7 billion in the first five months of the year, nearly double the amount raised for the whole of 2017, according to a report released on Thursday by PwC's strategy and consulting division Strategy& and Switzerland-based Crypto Valley Association.
Categories: TECHNOLOGY NEWS

Twitter product head Ed Ho to step down

TECHNEWS - Thu, 06/28/2018 - 20:32
(Reuters) - Twitter Inc said on Thursday its product head, Ed Ho, would step down and named its live-streaming service Periscope's former Chief Executive Officer Kayvon Beykpour as his replacement.
Categories: TECHNOLOGY NEWS

Karamo Brown: Queer Eye host urges Netflix subtitle change

BBC TECH - Thu, 06/28/2018 - 20:13
Users on social media complain the streaming service is editing and censoring speech in captions.
Categories: TECHNOLOGY NEWS

Twitter, Facebook launch tools to track advertising

TECHNEWS - Thu, 06/28/2018 - 20:12
(Reuters) - Twitter Inc on Thursday made it easier for users to identify political campaign ads and know who paid for them, as social media platforms faced the threat of U.S. regulation over the lack of disclosure on such spending.
Categories: TECHNOLOGY NEWS

Twitter replaces product head

TECHNEWS - Thu, 06/28/2018 - 19:59
(Reuters) - Twitter Inc said on Thursday its product head Ed Ho will be stepping down and named former live-streaming service Periscope's Chief Executive Officer Kayvon Beykpour as his replacement.
Categories: TECHNOLOGY NEWS

Virtual Reality in Filmmaking Immerses Viewers in Global Issues

VOA TECH - Thu, 06/28/2018 - 19:53
Melting glaciers and rising seas in Greenland; raging fires in Northern California; a relentless drought in Somalia and the disappearing Amazon forests. Famine, Feast, Fire and Ice are the four installments in a virtual reality (VR) documentary on climate change by filmmakers Eric Strauss and Danfung Dennis.   The series, showcased at AFI Docs, the American Film Institute’s Documentary festival in Washington, D.C., offers a 360-degree view of destructive phenomena brought by climate change on our planet. It immerses viewers into the extremes of Earth’s changing climate.   Eric Strauss told VOA he hopes that when someone watches the series as it drives home this idea that there is no hiding from global warming. “This is coming for all of us, regardless of where we live or what our income is; it’s going to affect everyone." Ken Jacobson, AFI’s Virtual Reality Programmer, says viewers - who watch the film wearing virtual reality headsets - react in many different ways to this all immersive experience. “Some people have a very visceral reaction where they jump, where they kind of yelp because they are very surprised by what they see, while other people, I think, are very reflective and can even be sad, depending on the content,” he said. One of these viewers is James Willard, a film and TV production student at George Mason University.  He describes his experience of watching the installment Feast, about the deforestation of the Amazon rainforests to make space for industrial-sized cattle ranches to satisfy the global appetite for beef. “You are completely immersed in this whole situation,” he says, “You are facing these animals eye-to-eye and watching as they are marching towards their death.” The film needs no dialogue.  A few sentences set up the topic. “It is actually stripping away a lot of the information, putting you in environments that you then experience for yourself,” says Eric Strauss, “You are much more of a protagonist in some way in this type of stories than you would be in a traditional form of cinema.” Another viewer, Patricia, has just watched Famine, the episode that looks at the extreme drought in Somalia. “It makes it even more powerful because you feel like you are there. I think, it’s a great medium to spread the word on critical subjects,” she says.   That's what Strauss wants to hear. “That is the goal; to effect change, to effect positive change.” VR films are becoming more accessible as the technology evolves, and are often viewed on smart phone applications.  But VR Programmer Ken Jacobson says watching them through a virtual reality headset is the best way to experience them. But can VR films ever replace traditional 2D or even 3D films? “I think it is going to add another aspect on how we are going to watch movies,” says student James Willard.  “Virtual reality can be very dangerous because you are completely immersing yourself within the story to the point where you don’t see anything else.  At least in the movie theater you are fully aware that this is a screen in front of you, but if you look to your sides you don’t have another screen there completely immersing you within that story.  And with virtual reality that’s exactly what it does.  For some people, it will be okay to take off the goggles and go on with their lives, but for others it may be too much.  I don’t think it will completely take over.” Eric Strauss agrees that VR will not overtake traditional cinema, but he says virtual reality can allow viewers to relate deeply with socially conscious stories. “The technology creates a situation where you truly feel transported to that location because you are not just witnessing something or watching it on a screen.  You are occupying the space.  And that creates an emotional connection where you can’t really turn away.  I mean, there is no getting away from what you’ve allowed yourself to be teleported to and hopefully that will create a visceral, emotional response in viewers and what they are seeing will prompt them to want to get involved.”  
Categories: TECHNOLOGY NEWS

Scooter startup Bird raises $300 million in latest funding round

TECHNEWS - Thu, 06/28/2018 - 19:25
SAN FRANCISCO (Reuters) - Scooter company Bird, which has enjoyed a stratospheric rise while also causing mayhem in cities such as San Francisco, said on Thursday it raised $300 million as it looks to dominate a burgeoning transportation sector.
Categories: TECHNOLOGY NEWS

Pokemon Go creator plans to sell the tech behind its games

TECHNEWS - Thu, 06/28/2018 - 19:19
(Reuters) - Niantic Labs, the Google Inc-backed startup behind the popular Pokemon Go game, is planning to sell the technology that powers its titles to other game makers, the company said Thursday.
Categories: TECHNOLOGY NEWS

Twitter launches tool to identify political ads

TECHNEWS - Thu, 06/28/2018 - 19:13
(Reuters) - Twitter Inc on Thursday made it easier for users to identify political campaign ads and know who paid for them after a threat of regulation from the United States over the lack of disclosure for political spending on social media.
Categories: TECHNOLOGY NEWS

Amazon to buy PillPack in potentially disruptive drug retail push

TECHNEWS - Thu, 06/28/2018 - 18:37
(Reuters) - Amazon.com Inc said on Thursday it would buy small online pharmacy PillPack, a move that will put the world's biggest retailer in direct competition with drugstore chains, drug distributors and pharmacy benefit managers.
Categories: TECHNOLOGY NEWS

French startup Syntony takes geolocation underground

TECHNEWS - Thu, 06/28/2018 - 18:31
PARIS (Reuters) - French startup Syntony, which has designed systems to locate mobile phones in tunnels and subways, is raising 10 million euros ($11.6 million) to fund its international expansion.
Categories: TECHNOLOGY NEWS

Amazon deal shakes healthcare sector

BBC TECH - Thu, 06/28/2018 - 16:28
Shares in healthcare companies slide as the online retail giant expands into the sector.
Categories: TECHNOLOGY NEWS

Majority of Americans think social media platforms censor political views: Pew survey

TECHNEWS - Thu, 06/28/2018 - 16:04
NEW YORK (Reuters) - About seven out of ten Americans think social media platforms intentionally censor political viewpoints, the Pew Research Center found in a study released on Thursday.
Categories: TECHNOLOGY NEWS

Accenture's digital investments drive quarterly beat

TECHNEWS - Thu, 06/28/2018 - 16:02
(Reuters) - Accenture Plc's third-quarter revenue and profit came in above Wall Street estimates on Thursday as the consulting and outsourcing services provider benefited from its plan to boost investments in digital and cloud services.
Categories: TECHNOLOGY NEWS

Move Over UPS: Amazon Delivery Vans to Hit the Streets

VOA TECH - Thu, 06/28/2018 - 15:40
Your Amazon packages, which usually show up in a UPS truck, an unmarked vehicle or in the hands of a mail carrier, may soon be delivered from an Amazon van. The online retailer has been looking for a while to find a way to have more control over how its packages are delivered. With its new program rolling out Thursday, contractors around the country can launch businesses that deliver Amazon packages. The move gives Amazon more ways to ship its packages to shoppers without having to rely on UPS, FedEx and other package delivery services. With these vans on the road, Amazon said more shoppers would be able to track their packages on a map, contact the driver or change where a package is left — all of which it can't do if the package is in the back of a UPS or FedEx truck. Amazon has beefed up its delivery network in other ways: It has a fleet of cargo planes it calls "Prime Air," announced last year that it was building an air cargo hub in Kentucky and pays people as much as $25 an hour to deliver packages with their cars through Amazon Flex. Recently, the company has come under fire from President Donald Trump who tweeted that Amazon should pay the U.S. Postal Service more for shipping its packages. Dave Clark, Amazon's senior vice president of worldwide operations, said the new program is not a response to Trump, but a way to make sure that the company can deliver its growing number of orders. "This is really about meeting growth for our future," Clark said. Through the program , Amazon said it can cost as little as $10,000 for someone to start the delivery business. Contractors that participate in the program will be able to lease blue vans with the Amazon logo stamped on it, buy Amazon uniforms for drivers and get support from Amazon to grow their business. Contractors don't have to lease the vans, but if they do, those vehicles can only be used to deliver Amazon packages, the company said. The contractor will be responsible for hiring delivery people, and Amazon would be the customer, paying the business to pick up packages from its 75 U.S. delivery centers and dropping them off at shoppers' doorsteps. An Amazon representative declined to give details on how much it will pay for the deliveries. Olaoluwa Abimbola, who was part of Amazon's test of the program, said that the amount of packages Amazon needs delivered keeps his business busy. He's hired 40 workers in five months. "We don't have to go make sales speeches," Abimbola said. "There's constant work, every day. All we have to do is show up."
Categories: TECHNOLOGY NEWS

Amazon to buy PillPack in drug retailing push

TECHNEWS - Thu, 06/28/2018 - 15:27
(Reuters) - Amazon.com Inc said on Thursday that it would buy online pharmacy PillPack for an undisclosed amount, sending shares of drug distributors and retailers tumbling as the e-commerce giant moves deeper into healthcare sector.
Categories: TECHNOLOGY NEWS

Facebook and Google use 'dark patterns' around privacy settings, report says

BBC TECH - Thu, 06/28/2018 - 15:26
Consumer watchdog the Norwegian Consumer Council says the firms give users "an illusion of control".
Categories: TECHNOLOGY NEWS

Kroger will road test Nuro's driverless delivery vans in autumn

TECHNEWS - Thu, 06/28/2018 - 15:16
CINCINNATI (Reuters) - Kroger Co and Silicon Valley startup Nuro will begin this autumn what they call the first real-world road test of an unmanned delivery vehicle, as the largest U.S. supermarket operator battles Amazon and others for U.S. dominance in fresh grocery delivery.
Categories: TECHNOLOGY NEWS

AI ambulances and robot doctors: China seeks digital salve to ease hospital strain

TECHNEWS - Thu, 06/28/2018 - 15:13
HANGZHOU, China/SHANGHAI (Reuters) - In the eastern Chinese city of Hangzhou, an ambulance speeds through traffic on a wave of green lights, helped along by an artificial intelligence (AI) system and big data.
Categories: TECHNOLOGY NEWS

Amazon to acquire online pharmacy PillPack

TECHNEWS - Thu, 06/28/2018 - 14:47
(Reuters) - Amazon.com Inc said on Thursday that it would buy medications-by-mail company PillPack for an undisclosed amount, sending shares of drug distributors and drug retailers down.
Categories: TECHNOLOGY NEWS

Feeling poorly? The app will see you now

TECHNEWS - Thu, 06/28/2018 - 14:13
LONDON (Reuters) - London-based Babylon Health says its artificial intelligence technology, in tests, has outperformed most physicians in assessing disease symptoms, throwing down a challenge to doctors, some of whom doubt its true abilities.
Categories: TECHNOLOGY NEWS

Doki Doki: Warnings over suicide-themed video game

BBC TECH - Thu, 06/28/2018 - 14:01
Doki Doki Literature Club starts as a high school dating game, but has suicide "as a main feature".
Categories: TECHNOLOGY NEWS

'Dancing baby' YouTube copyright case settled after 11 years

BBC TECH - Thu, 06/28/2018 - 13:44
The clip of baby Holden, now aged 12, has been viewed more than 1.9 million times.
Categories: TECHNOLOGY NEWS

Ticketmaster 'warned of hack attack in April by Monzo'

BBC TECH - Thu, 06/28/2018 - 13:30
Digital bank Monzo claims it warned Ticketmaster that data had been compromised three months ago.
Categories: TECHNOLOGY NEWS

New Fortnite practice mode quickly taken offline

BBC TECH - Thu, 06/28/2018 - 13:17
The new mode, called Playground, let players practise their skills in the popular video game Fortnite.
Categories: TECHNOLOGY NEWS

Accenture quarterly revenue, profit beat estimates

TECHNEWS - Thu, 06/28/2018 - 13:14
(Reuters) - Accenture Plc's third-quarter revenue and profit came in above Wall Street estimates on Thursday as the consulting and outsourcing services provider benefited from its plan to boost investments in digital and cloud services.
Categories: TECHNOLOGY NEWS

Chipmaker aims to help free Amazon's Alexa from the power cord

TECHNEWS - Thu, 06/28/2018 - 13:03
(Reuters) - Amazon Inc's Alexa voice assistant started out in Amazon's own Echo speakers but is spreading fast, embedded directly inside products from other companies such as light fixtures, thermostats and dashboard cameras for cars.
Categories: TECHNOLOGY NEWS

Elon Musk accused of stealing farting unicorn image

BBC TECH - Thu, 06/28/2018 - 12:57
Technology entrepreneur engages in a fresh Twitter argument over pottery of a mythical animal.
Categories: TECHNOLOGY NEWS

Huawei chairman hits out at U.S. politicians over university funding

TECHNEWS - Thu, 06/28/2018 - 12:56
HONG KONG (Reuters) - The chairman of China's Huawei Technologies Co Ltd [HWT.UL] has hit back at several U.S. lawmakers who claimed the firm's research funding to over 50 American universities posed a "significant threat" to national security.
Categories: TECHNOLOGY NEWS

BP bets on electric car switch with Britain's Chargemaster

TECHNEWS - Thu, 06/28/2018 - 12:13
LONDON (Reuters) - BP is buying Britain's top electric vehicle charging firm Chargemaster and will initially roll out its ultra-fast chargers across its filling station network in the UK before turning its attention to China's rapidly growing market.
Categories: TECHNOLOGY NEWS

BoE tells banks and insurers to be wary of crypto assets

TECHNEWS - Thu, 06/28/2018 - 11:21
LONDON (Reuters) - Banks and insurers should be wary of crypto-assets as they can be highly-volatile and vulnerable to fraud, the Bank of England said on Thursday.
Categories: TECHNOLOGY NEWS

Novogratz's Galaxy invests $20 million in virtual reality platform

TECHNEWS - Thu, 06/28/2018 - 11:08
NEW YORK (Reuters) - Hedge fund manager Mike Novogratz's investment fund has invested $20 million in a blockchain-based virtual reality platform called High Fidelity, the project's chief executive officer and co-founder Philip Rosedale announced on Thursday.
Categories: TECHNOLOGY NEWS

BP bets on electric vehicle switch with Chargemaster buy

TECHNEWS - Thu, 06/28/2018 - 10:37
LONDON (Reuters) - BP will buy Britain's largest electric vehicle charging firm Chargemaster and plans to use its technology to roll out ultra-fast chargers across its 1,200 petrol stations in the country over the next 12 months.
Categories: TECHNOLOGY NEWS

Dr Dre hit with $25m bill for Beats headphones

BBC TECH - Thu, 06/28/2018 - 10:12
The rapper and his business partner Jimmy Iovine lose a case over headphone royalties.
Categories: TECHNOLOGY NEWS

Surplus energy rides the 'gravity train'

BBC TECH - Thu, 06/28/2018 - 10:04
A company in California has developed a gravity train to store and transport surplus electricity.
Categories: TECHNOLOGY NEWS

French design studio takes aim at hit game Fortnite on mobile phones

TECHNEWS - Thu, 06/28/2018 - 09:46
LONDON (Reuters) - This year's breakaway hit video game, Fortnite, which has drawn a younger generation to free-to-play multiplayer games, sending shockwaves through the console gaming market, has attracted new rivals ready to battle it out for vast mobile phone audiences.
Categories: TECHNOLOGY NEWS

China's BYD launches world's biggest battery factory

TECHNEWS - Thu, 06/28/2018 - 09:40
SHANGHAI (Reuters) - Chinese electric carmaker BYD Co Ltd has opened a new lithium battery plant in the northwestern province of Qinghai, which will be the world's biggest when construction is fully completed next year, it said on Thursday.
Categories: TECHNOLOGY NEWS

Apple, Samsung Settle US Patent Dispute

VOA TECH - Thu, 06/28/2018 - 09:04
Apple Inc and Samsung Electronics Co Ltd on Wednesday settled a seven-year patent dispute over Apple's allegations that Samsung violated its patents by "slavishly" copying the design of the iPhone. Terms of the settlement, filed in the U.S. District Court for the Northern District of California, were not available. In May, a U.S. jury awarded Apple $539 million, after Samsung had previously paid Apple $399 million to compensate for patent infringement. Samsung would need to make an additional payment to Apple of nearly $140 million if the verdict was upheld. How much, if anything, Samsung must now pay Apple under Wednesday's settlement could not immediately be learned. An Apple spokesman declined to comment on the terms of the settlement but said Apple "cares deeply about design" and that "this case has always been about more than money." A Samsung spokeswoman declined to comment. Apple and Samsung are rivals for the title of world’s largest smartphone maker, and the dollar sums involved in the decision are unlikely to have an impact on either's bottom line. But the case has had a lasting impact on U.S. patent law. After a loss at trial, Samsung appealed to the U.S. Supreme Court. In December 2016, the court sided unanimously with Samsung's argument that a patent violator does not have to hand over the entire profit it made from stolen designs if those designs covered only certain portions of a product but not the entire object. But when the case went back to lower court for trial this year, the jury sided with Apple's argument that, in this specific case, Samsung's profits were attributable to the design elements that violated Apple's patents. Michael Risch, a professor of patent law at Villanova University, said that because of the recent verdict the settlement likely called for Samsung to make an additional payment to Apple. But he said there was no clear winner in the dispute, which involved hefty legal fees for both companies. While Apple scored a major public relations victory with an initial $1 billion verdict in 2012, Samsung also obtained rulings in its favor and avoided an injunction that would have blocked it from selling phones in the U.S. market, Risch said.
Categories: TECHNOLOGY NEWS

Panasonic flags battery cell shortages as Tesla Model 3 output picks up

TECHNEWS - Thu, 06/28/2018 - 09:03
TOKYO (Reuters) - A pickup in production of Tesla Inc's Model 3 cars, after earlier delays, has resulted in occasional battery cell shortages, a Panasonic Corp official said on Thursday in a sign Tesla is in overdrive to meet its end-June forecast.
Categories: TECHNOLOGY NEWS

Walmart rolls out 3D virtual online shopping

TECHNEWS - Thu, 06/28/2018 - 08:34
(Reuters) - Walmart Inc said late Wednesday it is introducing a 3D virtual shopping tour on its website that would help customers browse and choose items for their homes.
Categories: TECHNOLOGY NEWS

Waymo needs 'large number' of cars for European robo-taxis: CEO

TECHNEWS - Thu, 06/28/2018 - 08:17
FRANKFURT (Reuters) - Alphabet Inc's self-driving unit Waymo will need "a large number" of cars to expand its robo-taxi service to Europe, its chief executive told a newspaper, declining to say who could supply the vehicles.
Categories: TECHNOLOGY NEWS

Independent record labels get boost from streaming music services

TECHNEWS - Thu, 06/28/2018 - 06:21
(Reuters) - For decades, independent record labels have dreamed that if only they had the massive budgets to get their artists in front of music fans, the fans would love the music - and maybe even choose it over offerings from major record labels.
Categories: TECHNOLOGY NEWS

Amazon wants to foster small independent delivery fleets

TECHNEWS - Thu, 06/28/2018 - 06:04
SEATTLE (Reuters) - Amazon.com Inc on Wednesday said it would offer incentives to entice entrepreneurs to set up their own small package-delivery businesses as part of Amazon's latest effort to solve the challenge of getting goods the last mile to customer doorsteps.
Categories: TECHNOLOGY NEWS

U.S. court halves $500 million verdict in Facebook virtual reality lawsuit

TECHNEWS - Thu, 06/28/2018 - 05:38
(Reuters) - A federal court in Dallas on Wednesday halved the $500 million verdict that a jury ordered Facebook Inc, its virtual reality unit Oculus, and others to pay ZeniMax Media Inc, a video game publisher that alleged Oculus stole its technology.
Categories: TECHNOLOGY NEWS

Panasonic flags battery shortages as Tesla Model 3 output picks up

TECHNEWS - Thu, 06/28/2018 - 04:58
TOKYO (Reuters) - A senior Panasonic Corp official on Friday said a pickup in production of Tesla Inc's Model 3 cars, after earlier delays, has resulted in occasional battery shortages.
Categories: TECHNOLOGY NEWS

Do Parents Know What Children are Doing on Electronic Devices?

VOA TECH - Thu, 06/28/2018 - 03:59
With parents often playing catch-up with the fast pace of technology, it's often difficult to really know what their children are doing on their electronic devices. VOA’s Mariama Diallo reports.
Categories: TECHNOLOGY NEWS

Hidden 'shame' of elderly scam victims

BBC TECH - Thu, 06/28/2018 - 01:57
Many older victims of fraud are too embarrassed to tell anyone that they have been cheated.
Categories: TECHNOLOGY NEWS

Watchdog takes aim at hotel booking sites

BBC TECH - Thu, 06/28/2018 - 01:04
Hotel booking sites must review the way they rank and display rooms, a competition watchdog says.
Categories: TECHNOLOGY NEWS

Apple and Samsung end patent fight after seven long years

BBC TECH - Wed, 06/27/2018 - 23:09
The two firms have reached a final settlement in a patent dispute that has been in court since 2011.
Categories: TECHNOLOGY NEWS

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