Sunday, 16 June 2019

Uber picks Melbourne as test site for flying taxi service

SYDNEY Uber Technologies said it will use Australia’s second-largest city, Melbourne, as the first international test site for the group’s planned flying taxi service. The U.S....

Cloud computing may put Big Tech ahead in future of video games – Citi

NEW YORK Cloud-based gaming could allow Big Tech - particularly Amazon.com Inc, Microsoft Corp and Alphabet Inc’s Google - to pull revenue away from traditional...

U.S. eases some restrictions on China’s Huawei to keep networks operating

The U.S. government on Monday temporarily eased some trade restrictions imposed last week on China’s Huawei, a move that sought to minimize disruption for...

Exclusive: Google suspends some business with Huawei after Trump blacklist – source

NEW YORK Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and technical services except those publicly available via...

WhatsApp informs Irish regulator of ‘serious security vulnerability’

DUBLIN Facebook’s WhatsApp has informed its lead regulator in the European Union, Ireland’s Data Protection Commissioner (DPC), of a serious security vulnerability on its...

Fitbit results beat Street as demand for wearable devices climb

Wearable device maker Fitbit Inc reported better-than expected first-quarter results and reaffirmed its full-year revenue forecast on Wednesday, as it sells more smartwatches and...

Esports organization Fnatic raises $19 million for big expansion

NEW YORK Fnatic, the London-based global esports team owner, has raised $19 million in new funding and restructured its leadership as it plans a major...

Logitech CEO sticks to guidance for 2020 business year

ZURICH Logitech International Chief Executive Bracken Darrell said it was too early to consider upgrading the keyboard and mice maker’s sales and profit outlook...

Samsung Elec to invest $9.6 billion annually in logic chips until 2030

SEOUL Samsung Electronics plans to invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business, and expects...

Samsung Electronics delays Galaxy Fold media events in China

SEOUL Smartphone maker Samsung Electronics Co Ltd has postponed media events for its Galaxy Fold planned for this week in Hong Kong and Shanghai, a...

Toyota establishes research institute in China to study hydrogen, green technologies

BEIJING Japan’s Toyota Motor Corp said on Sunday it was setting up a research institute in Beijing in partnership with Tsinghua University to study car...

Microsoft turned down facial-recognition sales on human rights concerns

PALO ALTO Microsoft Corp recently rejected a California law enforcement agency’s request to install facial recognition technology in officers’ cars and body cameras due...
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