Technology news

• Verizon names tech chief CEO, prioritizes 5G network over content

  08-06-2018 23:44
  (Reuters) - Verizon Communications Incnamed Chief Technology Officer Hans Vestberg as its new CEO on Friday, surprising analysts and signaling the largest U.S. wireless company's priority is building the next-generation 5G network, not expanding further into media content.
  
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• Specialized channels is the mainstay of security game: Adel Eid, Sophos

  08-06-2018 20:42
  Sophos is emphasizing on its security solutions across network and end point through its ‘synchronized security’ offering for modern companies. With channel ecosystem undergoing a massive change in the digital era, ChannelWorld spoke at length with Adel Eid, Channel Sales Director, Asia Pacific and Japan, Sophos on his India visit.
  
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• Apple to make 20 percent fewer new model iPhones this year: Nikkei

  08-06-2018 20:33
  (Reuters) - Apple Incexpects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, Japanese financial daily Nikkei reported on Friday, citing industry sources.
  
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• Comcast to win unconditional EU okay for Sky bid: sources

  08-06-2018 19:47
  BRUSSELS (Reuters) - U.S. cable company Comcast is set to gain unconditional EU antitrust approval for its bid to buy European pay-TV company Sky , two people familiar with the matter said on Friday.
  
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• Tesla must fix 'flaws' in Autopilot after fatal crash: U.S. consumer group

  08-06-2018 19:28
  WASHINGTON (Reuters) - A consumer advocacy group on Friday urged Tesla Inc to fix what it termed as "flaws" in the automaker's driver-assistance system Autopilot after a preliminary government report said a driver did not have his hands on the vehicle's steering wheel in the final six seconds before a fatal crash.
  
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• Ant Financial raises $14 billion in world's largest-ever single fundraising

  08-06-2018 19:23
  SHANGHAI/BEIJING (Reuters) - Ant Financial Services Group, operator of China's biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company.
  
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• China's ZTE apologizes after paying 'disastrous price' in U.S. sanction case

  08-06-2018 16:16
  HONG KONG/SHENZHEN, China (Reuters) - The chairman of ZTE Corp apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a supplier ban that has crippled its business.
  
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• Dementia Australia rolling out virtual reality workshops nationwide

  08-06-2018 07:52
  Dementia Australia is rolling out its hugely successful virtual reality based training workshops nationwide.
  
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• Queensland govt commissions security framework for connected vehicles

  08-06-2018 07:04
  The Queensland and federal governments have struck an agreement with Integrity Security Solutions (ISS) and the iMOVE Cooperative Research Centre for the development of Australia’s first security credential management system, which could inform national efforts to prepare for the rollout of intelligent transport systems.
  
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• Law firm mulls class action against PageUp

  08-06-2018 03:42
  Sydney law firm Centennial Lawyers says it is investigating the potential for a class action against PageUp in the wake of a possible data breach that has swept up some of Australia’s biggest employers.
  
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• Google: We won’t develop deadly AI weapons, but will help the military

  08-06-2018 02:59
  Google CEO Sundar Pichai has vowed that the company will not deploy artificial intelligence for use in deadly weapons and laid out a set of principles the company will follow when developing AI applications.
  
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• Trump administration throws ZTE a lifeline

  08-06-2018 02:17
  China’s No. 2 telecommunications equipment maker ZTE has secured a lifeline from the Trump administration after agreeing to pay a US$1 billion fine and overhaul leadership in a deal that will lift a ban on its doing business with U.S. suppliers.
  
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• MEF’s grand vision: To rescue telcos from commoditisation

  08-06-2018 02:12
  MEF, formerly the Metro Ethernet Forum is on a mission: To save the world’s telcos from being relegated to providing basic connectivity in every greater volumes without proportionate increases in revenues, according to its senior vice president Dan Pitt.
  
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• What is SAP Leonardo? Everything you need to know about SAP’s Leonardo platform

  08-06-2018 00:56
  SAP relaunched its Leonardo platform as a “digital innovation system” in June 2017 at its Sapphire conference in Orlando, marking a shift from what was once considered an IoT platform.
  
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• Police arrest Sydney man over alleged role in ‘dark web’ drug ring

  08-06-2018 00:49
  New South Wales Police have arrested a 33-year-old man in the Sydney suburb of Vaucluse following investigations into an alleged ‘dark web’ drug syndicate.
  
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