Reuters

Reuters

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Hyundai app lets their cars be started remotely, possibly stolen

Hyundai app lets their cars be started remotely, possibly stolen

Written by on April 26, 2017 in News with 0 Comments

TORONTO (Reuters) – Software vulnerabilities in a Hyundai Motor Co app that lets a car be started remotely made the company’s vehicles susceptible to theft from high-tech thieves for three months before the company fixed the bug in March, a cyber security firm said on Tuesday. Hyundai introduced a flaw in a Dec. 8, 2016 […]

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Ericsson plunges to quarterly loss, as equipment market shrinks

Ericsson plunges to quarterly loss, as equipment market shrinks

Written by on April 25, 2017 in News with 0 Comments

STOCKHOLM/LONDON (Reuters) – Mobile telecom equipment maker Ericsson plunged to a quarterly operating loss on Tuesday, hit by shrinking markets and restructuring costs. The Swedish company, which is focusing on its core networks business under new chief executive Borje Ekholm, reported an operating loss of 12.3 billion Swedish crowns ($1.4 billion) as previously announced provisions, […]

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Microsoft plans to use LinkedIn data to challenge Salesforce.com

Microsoft plans to use LinkedIn data to challenge Salesforce.com

Written by on April 25, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Microsoft Corp is rolling out upgrades to its sales software that integrates data from LinkedIn, an initiative that Microsoft CEO Satya Nadella told Reuters was central to the company’s long-term strategy for building specialized business software. The improvements to Dynamics 365, as Microsoft’s sales software is called, are a challenge to […]

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Global fund launches to invest in digital currency solutions

Global fund launches to invest in digital currency solutions

Written by on April 24, 2017 in News with 0 Comments

NEW YORK (Reuters) – Alphabit, a global fund that invests in digital currencies, has been launched with a target of $300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless transactions. Digital currencies such as bitcoin are issued and usually controlled […]

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Apple outlines autonomous car training plans – a clue to its strategy

Apple outlines autonomous car training plans – a clue to its strategy

Written by on April 24, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Apple Inc outlined a plan to train operators of self-driving cars in documents submitted to California regulators earlier this month, the latest clues to the company’s autonomous vehicle technology aspirations. Apple was granted a permit to test self-driving cars on April 14 by the California Department of Motor Vehicles but the […]

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Singapore’s M1 looking for buyers, private equity and China Mobile

Singapore’s M1 looking for buyers, private equity and China Mobile

Written by on April 21, 2017 in Features with 0 Comments

SINGAPORE (Reuters) – Top shareholders in Singapore telecoms company M1 Ltd have approached potential buyers China Mobile and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar with the matter said. The three main shareholders of Singapore’s smallest listed telecoms player, who own a combined 61 percent, […]

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China’s TCL says US protectionism is biggest barrier to going global

China’s TCL says US protectionism is biggest barrier to going global

Written by on April 21, 2017 in News with 0 Comments

HONG KONG (Reuters) – China’s TCL Group on Friday said U.S. protectionism is the biggest hurdle to Chinese firms going global, and that the electronics maker had been told it may not win approval in its bid to buy a U.S. technology firm. “We have an acquisition deal in the U.S. It’s been over half […]

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Musk’s Neuralink will deliver brain machine link in four years

Musk’s Neuralink will deliver brain machine link in four years

Written by on April 21, 2017 in News with 0 Comments

(Reuters) – Tesla Inc founder and Chief Executive Elon Musk said his latest company Neuralink Corp is working to link the human brain with a machine interface by creating micron-sized devices. Neuralink is aiming to bring to the market a product that helps with certain severe brain injuries due to stroke, cancer lesion etc, in […]

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Western Digital in talks with Japan investors for Toshiba chip business

Western Digital in talks with Japan investors for Toshiba chip business

Written by on April 20, 2017 in News with 0 Comments

TOKYO (Reuters) – Western Digital Corp, the U.S. partner of Toshiba Corp in a semiconductor venture, is in talks with Japanese government-backed investors and would consider a joint bid with them for the chip business, a senior official said on Thursday. “We want to find a way to ensure we are aligned with INCJ and […]

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Facebook gives a sneak peak inside brain to text initiative

Facebook gives a sneak peak inside brain to text initiative

Written by on April 20, 2017 in News with 0 Comments

SAN JOSE, Calif. (Reuters) – Facebook Inc on Wednesday pulled aside the curtain on a secretive unit headed by a former chief of the Pentagon’s research arm, disclosing that the social media company is studying ways for people to communicate by thought and touch. Facebook launched the research shop, called Building 8, last year to […]

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