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New Uber CEO takes grip, will head for IPO in 2 years

New Uber CEO takes grip, will head for IPO in 2 years

Written by on August 31, 2017 in News with 0 Comments

SAN FRANCISCO/GEORGETOWN, Del. (Reuters) – Uber Technologies Inc’s new Chief Executive Dara Khosrowshahi told employees on Wednesday the ride-services company would change its culture and may go public in 18 to 36 months. Khosrowshahi, who led travel-booking site Expedia Inc for 12 years, made the remarks as he introduced himself to Uber’s workforce on Wednesday […]

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Class action lawsuit could hit Amazon over eclipse glasses

Class action lawsuit could hit Amazon over eclipse glasses

Written by on August 31, 2017 in News with 0 Comments

NEW YORK (Reuters) – Amazon.com has been hit with a proposed class action lawsuit by a couple who claims defective eclipse glasses purchased through the online retailer damaged their eyes. In the lawsuit, filed in federal court in South Carolina on Tuesday evening, Corey Payne and his fiancĂ©e, Kayla Harris, said they purchased a three-pack […]

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News highlights – 30 August 2017

News highlights – 30 August 2017

Written by on August 31, 2017 in News with 0 Comments

News highlights for 30 August 2017 China says initial coin offerings (ICOs) causing chaos SHANGHAI (Reuters) – Launches of new digital currencies, known as initial coin offerings (ICOs), have shaken up social and economic order, created hidden financial risks, and in some cases may amount to fraud, China’s National Internet Finance Association said. Read more… […]

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China broadens cyber attacks on Vietnam targets: sources

China broadens cyber attacks on Vietnam targets: sources

Written by on August 31, 2017 in News with 0 Comments

(Reuters) – Cyber spies working for or on behalf of China’s government have broadened attacks against official and corporate targets in Vietnam at a time of raised tension over the South China Sea, cyber security company FireEye said. FireEye told Reuters the attacks happened in recent weeks and it had traced them back to suspected […]

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Bain Capital leads last minute bid for Toshiba chip business

Bain Capital leads last minute bid for Toshiba chip business

Written by on August 30, 2017 in News with 0 Comments

TOKYO (Reuters) – A consortium led by Bain Capital and including Apple Inc has offered a revised last-ditch bid for Toshiba Corp’s prized memory chip unit worth about 2 trillion yen ($18.2 billion), a source with direct knowledge of the matter said. Apple, a key client for Toshiba, is a new member of the consortium, […]

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Apple, Accenture team up to help companies build better apps

Apple, Accenture team up to help companies build better apps

Written by on August 30, 2017 in News with 0 Comments

(Reuters) – Technology company Apple Inc and professional services company Accenture PLC said Tuesday they will team up to help businesses build better applications for iOS, the operating system that powers Apple’s iPhone and iPad. Accenture helps large companies write new software and adopt new technology. The company will create special teams dedicated to helping […]

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News highlights – 29 August 2017

News highlights – 29 August 2017

Written by on August 30, 2017 in News with 0 Comments

News highlights for 29 August 2017 Google presents plans to EU on antitrust ruling BRUSSELS (Reuters) – Google has submitted details of how it plans to stop favoring its shopping service to comply with a European Union antitrust order, EU regulators said on Tuesday. Read more… Soon skin diseases will be diagnosed with Smartphone pics […]

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Google unveils AR tools for Android, challenges Apple

Google unveils AR tools for Android, challenges Apple

Written by on August 30, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Alphabet Inc’s Google on Wednesday unveiled tools to make augmented reality apps for mobile devices using the Android operating system, setting up its latest showdown with Apple Inc’s iPhone over next-generation smartphone features. Phone-based augmented reality (AR), in which digital objects are superimposed onto the real world on screen, got a […]

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Dara Khosrowshahi the deal maker to lead ‘dysfunctional’ Uber

Dara Khosrowshahi the deal maker to lead ‘dysfunctional’ Uber

Written by on August 29, 2017 in News with 0 Comments

SAN FRANCISCO (Reuters) – Dara Khosrowshahi may have been the compromise choice for Uber Technologies Inc’s new chief executive. But for a bitterly divided board of directors at a dysfunctional yet highly innovative company, compromise may be what Uber needs. Khosrowshahi, the 48-year-old CEO of online travel booking company Expedia Inc, is a friendly and […]

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News highlights – 28 August 2017

News highlights – 28 August 2017

Written by on August 29, 2017 in News with 0 Comments

News highlights for 28 August 2017 Under Amazon, Whole Foods slashes prices LOS ANGELES/CHICAGO (Reuters) – On its first day as part of Amazon.com, organic grocery chain Whole Foods Market Inc slashed prices on popular items like avocados and apples on Monday by a third as it bid to shake off its “Whole Paycheck” reputation […]

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