Technology news

• Uber, Cabify drivers strike in Madrid to protest against planned law changes

  27-09-2018 15:31
  Thousands of drivers for ride-hailing services Uber and Cabify, waving flags and chanting slogans such as "we want to work", marched down Madrid's central boulevard on Thursday ahead of plans by the government to tighten regulation.
  
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• Singapore's Grab in talks to sell Thai unit stake to Central Group: sources

  27-09-2018 14:16
  Singapore-based ride-hailing firm Grab is in talks to sell "a decent-sized stake" in its Thai business to Thailand's largest retailer, Central Group, people with direct knowledge of the matter told Reuters on Thursday.
  
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• TomTom plans fleet-management sale to focus on maps battle with Google

  27-09-2018 12:39
  TomTom is considering selling its fleet-management business to concentrate on competing head-to-head with Google in car navigation software, it said on Thursday.
  
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• Subsidies for electric cars can't last forever: Merkel

  27-09-2018 12:17
  Subsidies to help persuade Germans to buy electric vehicles have helped boost demand but cannot go on forever, Chancellor Angela Merkel said on Thursday.
  
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• IoT roundup: Startups, big carriers flexing their IoT muscles and California legislation

  27-09-2018 12:00
  Our monthly roundup of IoT news includes a proposed ban on default passwords for connected devices, IoT-specific carrier services and a chip set that could underpin more powerful yet inexpensive IoT endpoints.
  
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• Vietnam jails another Facebook user for comments critical of government

  27-09-2018 11:51
  A court in Vietnam has jailed a Facebook user for 2-1/2 years over anti-government comments he posted on the social media website, police said on Thursday, as the Southeast Asian country continues its crackdown on dissent.
  
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• Exclusive: Axiata likely to reject Keppel-led offer for Singapore mobile firm M1 - source

  27-09-2018 11:31
  Malaysia's Axiata Group Bhd, the biggest shareholder in M1 Ltd, is likely to reject an offer that valued the Singapore mobile operator at up to S$1.9 billion ($1.4 billion), a source with direct knowledge of the matter said.
  
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• Tencent & Alibaba chase remittances in battle for Southeast Asia

  27-09-2018 10:59
  For Chinese tech giants Alibabaand Tencent,Southeast Asian domestic helpers in Hong Kong may prove key to their global ambitions in financial services.
  
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• Virtual Singapore project could be test bed for planners - and plotters

  27-09-2018 10:33
  With the click of a button, Singapore's security forces could soon use a digital version of the city-state to simulate a bomb threat at a sports stadium - and learn how to respond if there was a real attack.
  
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• China's industrial profit growth hits five-month low, points to cooler demand

  27-09-2018 08:06
  Profit growth at China's industrial firms slowed to a five-month low in August, fanning concerns about faltering domestic demand in the world's second-largest economy as escalating trade frictions with the United States cloud its outlook.
  
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• Sydney couple allegedly used cryptocurrency to launder fraud proceeds

  27-09-2018 07:25
  A Sydney couple allegedly used cryptocurrency to help launder the proceeds of credit card fraud.
  
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• Nokia eyes opportunities in defence

  27-09-2018 06:08
  Defence is one of the markets where Nokia’s local enterprise sales arm is seeking opportunities for growth, according to Gary Conway.
  
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• U.S. fintech startup Stripe valued at $20 billion in latest funding round

  27-09-2018 05:12
  Payments startup Stripe said on Wednesday it has raised $245 million in funding, better positioning the company to expand to new markets globally and attract bigger customers.
  
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• WhatsApp co-founder Acton flags tensions with Zuckerberg: Forbes

  27-09-2018 04:26
  WhatsApp co-founder Brian Acton had disagreements with FacebookChief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg over monetization of the messaging service before he left the company, according to an interview with Acton published by Forbes on Wednesday.
  
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• U.S. judge sides with CFTC on virtual currency oversight

  27-09-2018 03:18
  A federal judge said on Wednesday that virtual currencies meet the definition of a commodity and fall within the jurisdiction of the U.S. derivatives regulator, allowing the agency to pursue fraud allegations against My Big Coin Pay Inc.
  
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• Swiss startup SEBA raises funds to build crypto bank

  27-09-2018 01:11
  Swiss startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to build a bank offering cryptocurrency services to companies and investors while extending traditional banking services to firms in the new industry.
  
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• Darktrace hits $1.65 billion valuation after latest funding round

  27-09-2018 01:03
  Cyber-security firm Darktrace said on Wednesday it has raised $50 million in its latest funding round led by European private equity firm Vitruvian Partners LLP, valuing the company at $1.65 billion.
  
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• Amazon turns to toys, home goods in latest brick-and-mortar trial

  27-09-2018 00:45
  Amazon.com Incon Wednesday said it is opening a general store in New York City that will sell toys, household goods and a range of other products highly rated on its website, marking its latest push into brick-and-mortar retail.
  
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• Sound filter shaves microseconds from photonic processing

  27-09-2018 00:08
  ​At the business ends of the extensive web of fibre optic cables that thread around the world, the pulses of light they carry have to be converted into electronic signals.
  
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• Apple, Salesforce team up to bring Siri to more business apps

  27-09-2018 00:03
  Apple Incand Salesforce.com Incare entering a partnership in which the iPhone maker will help Salesforce build the iPhone maker's features such as its Siri voice assistant deeper into Salesforce's own mobile apps, which are widely used in the sales and marketing industries.
  
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