Technology news

• Hortonworks and IBM double down on Hadoop

  15-06-2017 23:58
  
  New alliance brings IBM's DSX data science and machine learning toolkit to the Hortonworks Data Platform
  
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• 13 Quotes From Bosses Who Mocked Technology and Got It (Very) Wrong - Inc.com

  15-06-2017 23:28 via inc.com
  
  Inc.com
  13 Quotes From Bosses Who Mocked Technology and Got It (Very) Wrong
  Inc.com
  Research firm CB Insights compiled some of the most outrageous times bosses laughed in the face of disruption. We're publishing them here with permission. Some of the predictions are old enough that they're obviously wrong -- people dismissed personal ...
  
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• Data-Mining 100 Million Instagram Photos Reveals Global Clothing Patterns - MIT Technology Review

  15-06-2017 20:24 via technologyreview.com
  
  MIT Technology Review
  Data-Mining 100 Million Instagram Photos Reveals Global Clothing Patterns
  MIT Technology Review
  The millions of photos uploaded to social media are a massive untapped resource for studying humanity. But machine learning is beginning to tap this mother lode. by Emerging Technology from the arXiv; June 15, 2017. “Imagine a future anthropologist ...
  
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• Wall Street technology share selloff leaves Apple bruised - Reuters

  15-06-2017 19:13 via reuters.com
  
  Reuters
  Wall Street technology share selloff leaves Apple bruised
  Reuters
  The audience assembles before the start of Apple's annual developer conference in San Jose, California, U.S. June 5, 2017. REUTERS/Stephen Lam. By Noel Randewich | SAN FRANCISCO. SAN FRANCISCO Shares of Apple have been more bruised than ...and more »
  
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• Western Digital seeks court injunction to block sale of Toshiba chip unit

  15-06-2017 16:34
  
  TOKYO (Reuters) - Western Digital Corphas sought a court injunction to prevent Toshiba Corpfrom selling its chip business without the U.S. firm's consent - a move that threatens to throw the fiercely contested auction into disarray.
  
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• Verizon to incur $500 million in pre-tax costs from Yahoo deal

  15-06-2017 16:34
  
  (Reuters) - Verizon Communications Incsaid on Thursday it expected to incur about $500 million in pre-tax expenses in the second quarter as a result of its $4.48 billion purchase of Yahoo Inc'score business.
  
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• Clean Energy Is About to Become Cheaper Than Coal - MIT Technology Review

  15-06-2017 16:32 via technologyreview.com
  
  MIT Technology Review
  Clean Energy Is About to Become Cheaper Than Coal
  MIT Technology Review
  The inflection point has already been reached in the West, and by 2021 solar will be cheaper than coal in China. by Jamie Condliffe; June 15, 2017. Donald Trump's desire to bring coal roaring back has always faced a huge barrier in the form of an ...and more »
  
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• As EU mobile roaming charges end, industry frets over impact

  15-06-2017 16:12 via computerweekly.com
  
  As consumers celebrate the end of mobile roaming charges across the EU, the industry is facing up to the challenges of implementing the new rules
  
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• Williams; Legg; Rogers; Nickless discuss law in age of technology - The Australian

  15-06-2017 16:11 via theaustralian.com.au
  The Australian
  Williams; Legg; Rogers; Nickless discuss law in age of technology
  The Australian
  Technology is emerging as one of the great forces helping to shape the future of the legal sector. The cost savings are already apparent but the rise of technology has much broader implications, which were examined by four of the sector's leaders in ...and more »
  
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• Tractor Buying Guide 2017: Asking the right technology questions - Weekly Times Now

  15-06-2017 16:06 via weeklytimesnow.com.au
  Weekly Times Now
  Tractor Buying Guide 2017: Asking the right technology questions
  Weekly Times Now
  WHEN it comes time to buy the right tractor some farmers walk out with the wrong one. “They may buy a tractor that isn't suitable to their needs or they buy the most expensive one,” Precision Ag Manager at O'Connors, Phil Streeter, said. “But sometimes ...
  
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• Drone regulations in state of flux as technology changes at a rapid pace - The Australian

  15-06-2017 16:04 via theaustralian.com.au
  The Australian
  Drone regulations in state of flux as technology changes at a rapid pace
  The Australian
  The integration of drones into everyday life has received significant attention from communities and governments around the world. Unmanned aviation has been a phenomenon for thousands of years. The Archytas Pigeon in the fourth century BC is ...and more »
  
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• 10 GbE switches set to lose share this year as 40, 100 GbE switches gain traction

  15-06-2017 15:38
  
  For the first time since their debut on the market in the mid-2000s, 10 Gigabit Ethernet switches are set to lose share in the networking industry this year as service providers and hyperscale customers continue to adopt faster bandwidth 40 and 100 GbE switches, according to data from research firm IDC.
  
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• Finnish mobile operators opt-out from free EU roaming

  15-06-2017 15:15 via computerweekly.com
  
  Finnish mobile operators have been exempted from new European Union data roaming rules for now
  
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• Twitter rolls out tweaks to its website, mobile applications

  15-06-2017 15:13
  
  (Reuters) - Twitter Inc said it would roll out a series of tweaks to its website and mobile applications from Thursday to further simplify the microblogging service's interface for its users.
  
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• Swiss still top U.N. innovation ranking but emerging markets climbing

  15-06-2017 14:07
  
  GENEVA (Reuters) - Emerging markets are climbing up the ranks of the world's most innovative nations, an annual U.N. survey showed on Thursday, although wealthy Western countries led by Switzerland still dominate the top spots.
  
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• Warburg Pincus to buy 43 percent in India's Tata Tech for $360 million

  15-06-2017 13:55
  
  MUMBAI (Reuters) - An affiliate of private equity firm Warburg Pincus will buy an about 43 percent stake in Indian engineering outsourcing provider Tata Technologies Ltd for $360 million.
  
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• Messaging startup Slack said to draw interest from Amazon: Bloomberg

  15-06-2017 13:16
  
  (Reuters) - Slack Technologies Inc, a corporate messaging and collaboration software startup, has received inquiries about a potential takeover from technology companies including Amazon.com Inc , Bloomberg reported on Thursday.
  
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• Robotics startup ZMP partners with Tokyo taxi firm for 2020 self-driving car plans

  15-06-2017 11:08
  
  TOKYO (Reuters) - Japanese robotics maker ZMP Inc has partnered with a taxi operator in Tokyo, as part of its plans to launch a self-driving taxi in the city in time for the 2020 Olympics, CEO Hisashi Taniguchi said on Thursday.
  
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• Coming technology: Fintech developers tell you what to look for and why the fintech revolution arose - CNBC

  15-06-2017 08:56 via cnbc.com
  
  CNBC
  Coming technology: Fintech developers tell you what to look for and why the fintech revolution arose
  CNBC
  ... • Tips on near and long-term fintech developments that any firm should know about from chief technology officers (CTOs), engineers and developers at FinDERv 2017. • Short-term 'big data' analytics, cloud computing and fintech collaboration are the ...and more »
  
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• Google bets on European biotech drugs, backs new fund

  15-06-2017 08:55
  
  LONDON (Reuters) - Google is betting on the potential of European biotech companies to deliver life-changing drugs by investing alongside Swiss company Novartisin a new $300 million fund run by leading life sciences investment firm Medicxi.
  
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• Uber's trucking ambitions in lower gear after Otto deal

  15-06-2017 08:21
  
  SAN FRANCISCO (Reuters) - Uber Technologies Inc's drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling $700-billion industry.
  
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• Lies, damned lies and the CNN Politics App

  15-06-2017 08:03
  
  ​There are 'lies, damned lies, and statistics' goes the old adage. But in the era of so-called ‘fake news’ and ‘alternative facts’, raw data is proving a more valued source of information than our partisan politicians and media outlets.
  
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• Aviation safety regulator mulls drone crackdown

  15-06-2017 08:01
  
  The Civil Aviation Safety Authority (CASA) has released the terms of reference for its review of the regulations governing the use of drones.
  
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• Vic government plans Docklands fintech hub

  15-06-2017 07:02
  
  The Victorian government has announced plans to back a fintech hub in Melbourne’s Docklands.
  
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• Here's a cataclysmic summary of how technology and low rates are fundamentally changing the world - Business Insider Australia

  15-06-2017 06:30 via businessinsider.com.au
  
  Business Insider Australia
  Here's a cataclysmic summary of how technology and low rates are fundamentally changing the world
  Business Insider Australia
  There's a reasonable (and very sensible-sounding) argument that ageing populations combined with some developments in automation are the drivers of the lacklustre wages growth in the developed world. The argument goes something like this: older, ...
  
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• Review calls for CIO at Queensland’s electoral commission

  15-06-2017 05:54
  
  There is an “urgent need” for the Electoral Commission of Queensland (ECQ) to invest in technology, including potentially appointing a permanent chief information officer, an independent panel scrutinising the conduct of Queensland’s 2016 local government elections has concluded.
  
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• Old technology costing advice industry - Financial Standard

  15-06-2017 04:52 via financialstandard.com.au
  Money Management
  Old technology costing advice industry
  Financial Standard
  The majority financial advice firms are still choosing to rely on Microsoft Excel as their primary source of administrative software despite a range of financial software products coming to market, YTML said. According to the financial technology ...
  Advice technology solutions work in silosMoney Managementall 4 news articles »
  
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• Is your business having cash flow problems? Here's how technology is the answer - Anthill online

  15-06-2017 04:11 via anthillonline.com
  Anthill online
  Is your business having cash flow problems? Here's how technology is the answer
  Anthill online
  Cash flow is one of the most important things to think about when starting a business, and the worry never really goes away as your company expands. In some cases, one customer missing a payment can cause a ripple effect big enough to bring down a ...
  
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• Quantify Technology at forefront of IOT industry - Finfeed

  15-06-2017 03:42 via finfeed.com
  
  Finfeed
  Quantify Technology at forefront of IOT industry
  Finfeed
  The new technology incorporates passive infra-red motion, light measurement, temperature, and humidity sensor. The new fascia also allows QFY's platform to manage power usage by collecting and analysing data and reacting to the environment.
  
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• Uber's open COO job in the spotlight amid leadership void

  15-06-2017 03:03
  
  SAN FRANCISCO (Reuters) - With Chief Executive Travis Kalanick taking a leave of absence from Uber Technologies Inc, the vacant job of chief operating officer takes on a lot more importance as the company frames the position as key to solving its woes.
  
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• Optus targets government with new private cloud

  15-06-2017 02:17
  
  Optus Business will offer a private cloud service targeting federal government departments.
  
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• Westpac woes continue with second outage

  15-06-2017 02:02
  
  Just a day after resolving a major outage to its online and mobile banking services, Westpac Bank has suffered from another systems failure, this time affecting EFTPOS, ATMs and card transactions.
  
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