Technology news

• Fox Corp beats quarterly profit estimates on higher affiliate fees

  07-08-2019 23:48
  Media company Fox Corpreported quarterly results that beat Wall Street estimates on Wednesday, boosted by higher fees collected from cable and satellite operators and online distributors.
  
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• Broadcom in advanced talks to buy Symantec's enterprise business: sources

  07-08-2019 23:14
  Chipmaker Broadcom Incis in advanced talks to buySymantec Corp'senterprise business, according to people familiar with the matter.
  
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• Rebuilding Instagram Chat on Facebook Technology is 'Frightening,' Says Scott Galloway - Bloomberg

  07-08-2019 22:56 via bloomberg.com
  Rebuilding Instagram Chat on Facebook Technology is 'Frightening,' Says Scott Galloway  BloombergInstagram's chat is said to be rebuilt on Facebook Technology, NYU Stern School of Business Marketing Professor, Scott Galloway gives his take. He speaks ...
  
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• How to get a handle on multicloud management

  07-08-2019 22:38
  Multicloud management tools promise to bring order, control and insight to disparate environments.
  
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• Brazilian startup Volanty gets capital injection led by SoftBank

  07-08-2019 21:47
  Brazil's digital used car portal Volanty has received an infusion of 70 million reais ($17.6 million) from venture capital funds led by Japan's SoftBank and Kaszek of Argentina.
  
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• Tesla stands by safety claims despite U.S. probes, subpoenas over crashes

  07-08-2019 21:21
  Electric carmaker Tesla Incstood by its Model 3 safety claims on Wednesday in the face of regulatory scrutiny, while documents showed the top U.S. automotive safety watchdog issued at least five subpoenas since last year seeking information about crashes involving the company's vehicles.
  
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• U.S. government contractors get first look at Huawei ban

  07-08-2019 20:16
  The U.S. agency responsible for government contracts on Wednesday released an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei.
  
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• China's path to AI domination has a problem: brain drain - MIT Technology Review

  07-08-2019 19:57 via technologyreview.com
  China's path to AI domination has a problem: brain drain  MIT Technology ReviewA new analysis shows that the number of Chinese AI researchers has increased tenfold over the last decade, but the majority of them live outside the country.
  
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• Marvell Expands Its NVMe-oF Ethernet SSD Technology | StorageReview.com - StorageReview.com

  07-08-2019 19:31 via storagereview.com
  Marvell Expands Its NVMe-oF Ethernet SSD Technology | StorageReview.com  StorageReview.comToday at FMS 2019, Marvell announced that it is expanding its NVMe over Fabrics (NVMe-oF) portfolio. The company is announcing that its NVMe-oF SSD ...
  
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• FedEx ends ground delivery partnership with Amazon

  07-08-2019 18:54
  FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.
  
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• White House to host meeting with tech companies on violent extremism online

  07-08-2019 18:35
  The White House will discuss violent extremism online with representatives from a number of Internet and technology companies on Friday, according to a White House spokesman.
  
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• British Airways resuming services after latest IT meltdown

  07-08-2019 17:59
  British Airways said its flights were returning to normal after passengers had to endure cancellations, delays and long queues at London airports as the airline suffered its third major computer failure in a little more than two years.
  
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• British Airways says technical problems at London airports have been resolved

  07-08-2019 17:02
  Problems with British Airways' computer systems, which led to cancellations, delays and long queues at London airports on Wednesday have been resolved, a spokesman said.
  
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• Tesla faced U.S. agency scrutiny last year over Model 3 safety claims

  07-08-2019 16:23
  Tesla Increceived a cease-and-desist letter last year from the U.S. National Highway Traffic Safety Administration (NHTSA) for making misleading statements over safety ratings of its Model 3 cars, according to documents seen by Reuters.
  
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• Robot, heal thyself: scientists develop self-repairing machines - The Guardian

  07-08-2019 16:11 via theguardian.com
  Robot, heal thyself: scientists develop self-repairing machines  The GuardianFrom picking fruit to carrying out minor surgery, soft robotic hands made from jelly-like plastic are thought by scientists to be the future solution to many human ...
  
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• Forecasters fear 5G wireless technology will muck up weather predictions - Science Magazine

  07-08-2019 16:10 via sciencemag.org
  Forecasters fear 5G wireless technology will muck up weather predictions  Science MagazineA remarkable interagency battle is playing out within the U.S. government over whether plans for the next generation of wireless technology, known as 5G, will ...
  
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• Chinese government hackers suspected of moonlighting for profit

  07-08-2019 15:27
  One of the most effective teams of Chinese government-backed hackers is also conducting financially-motivated side operations, cybersecurity researchers said on Wednesday.
  
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• FedEx to end ground-delivery partnership with Amazon

  07-08-2019 15:22
  FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.
  
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• British Airways passengers face chaos after latest IT failures

  07-08-2019 15:04
  Thousands of British Airways passengers had to endure cancellations, delays and long queues at airports as the airline suffered its third major computer failure in a little more than two years.
  
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• British Airways IT failures create chaos for passengers

  07-08-2019 13:08
  Problems with British Airways' IT systems left thousands of passengers facing flight cancellations, delays and long queues at airports in the airline's third major computer failure in a little more than two years.
  
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• SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

  07-08-2019 13:07
  SoftBank Group Corp'ssecond Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its first $100 billion fund.
  
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• Google AI cash to help Sydney Uni cut heart attack risk

  07-08-2019 12:46
  The University of Sydney will use a $1 million prize from Google’s philanthropic arm Google.org to aid the development of an AI-based digital health program to cut the risk of heart attack.
  
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• Tesla considers raising prices in China from September: sources

  07-08-2019 12:31
  U.S. electric vehicle maker Tesla Inc is considering lifting its prices in China from September amid yuan-related uncertainty, two people familiar with the matter said.
  
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• Kazakhstan halts introduction of internet surveillance system

  07-08-2019 10:48
  Kazakhstan has halted the implementation of an internet surveillance system criticized by lawyers as illegal, with the government describing its initial rollout as a test.
  
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• British Airways cancels some flights due to IT failure

  07-08-2019 10:36
  British Airwayssaid on Wednesday it had canceled some short-haul flights from Heathrow, Gatwick and London City airports because of an IT systems failure.
  
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• SoftBank Group's profit blows past estimates on Vision Fund gains

  07-08-2019 10:09
  Japan's SoftBank Group Corpraked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund.
  
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• Saudi, Abu Dhabi showing 'high interest' in investing in VF2: SoftBank's Son

  07-08-2019 10:07
  SoftBank Group Corpfounder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing "high interest" in investing in the second Vision Fund.
  
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• Half of British homes subscribe to a TV streaming service

  07-08-2019 09:44
  Nearly half of British homes subscribe to a streaming service such as Netflix, Amazon Prime Video, Now TV or Disney Life, as traditional TV viewing continues to decline, according to media regulator Ofcom.
  
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• Toyota turns to AI startup to accelerate goal of robots for the home

  07-08-2019 09:27
  Toyota Motor Corp has designs on making robot helpers for your home, and has enlisted a Japanese startup that specializes in artificial intelligence to jump-start its plan.
  
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• British Airways hit by problems with online check-in system

  07-08-2019 09:21
  British Airways experienced problems with its online check-in system on Wednesday that disrupted some flight departures.
  
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• Tesla scrutinized by U.S. agency over Model 3 safety claims: Bloomberg

  07-08-2019 09:07
  The U.S. National Highway Traffic Safety Administration (NHTSA) sent a cease-and-desist letter to Tesla Inclast year for not complying with the agency's guidelines in its Model 3 safety assertions and subpoenaed the carmaker for information on several crashes, Bloomberg reported on Tuesday.
  
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• Two U.S. senators raise privacy concerns over Facebook's Messenger Kids

  07-08-2019 09:02
  Democratic U.S. senators Edward Markey and Richard Blumenthal have written to Facebook Incquestioning whether there was a "worrying pattern" of poor privacy protection for children using its Messenger Kids app.
  
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• Exclusive: China warns India of 'reverse sanctions' if Huawei is blocked - sources

  07-08-2019 07:20
  China has told India not to block its Huawei Technologies [HWT.UL] from doing business in the country, warning there could be consequences for Indian firms operating in China, sources with knowledge of the matter said.
  
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• Toshiba quarterly profit jumps on cost cuts, but misses estimates

  07-08-2019 06:56
  Japan's Toshiba Corpreported on Wednesday a 10-fold jump in first-quarter operating profit as it stepped up cost cuts across divisions, but the profit missed analyst estimates.
  
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• Sydney Trains commences Dwell Track trial to ease crowding, reduce delays

  07-08-2019 04:36
  Depth cameras and computer vision have this week been rolled out at Wynyard Station in Sydney, in an effort to reduce platform crowding and cut the time it takes for trains to load and unload passengers.
  
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• CBA to maintain digital 'leadership position' with $5B strategy, fintech investment

  07-08-2019 03:20
  ​Commonwealth Bank of Australia (CBA) says it will invest more than $5 billion mostly on technology over the next five years, to maintain its leadership position in digital banking.
  
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• 8chan: owner of extremist site lashes out as scrutiny intensifies - The Guardian

  07-08-2019 02:55 via theguardian.com
  8chan: owner of extremist site lashes out as scrutiny intensifies  The GuardianJim Watkins defended website amid growing outcry over reports the alleged El Paso gunman used the site to publish his manifesto.
  
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• The Future of Manufacturing Technology - Forbes

  07-08-2019 02:10 via forbes.com
  The Future of Manufacturing Technology  ForbesStartups have faced challenges such as high costs, siloed data, unclear ROI, and limited scale solutions. To face them, manufacturing tech startups are now ...
  
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• 4000 Australia Post sites to be connected to NBN

  07-08-2019 02:04
  More than 4000 post offices and Australia Post corporate offices and mail and parcel facilities will benefit from a network upgrade program that the organisation claims is the largest in the country.
  
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• Factbox: Marvel, monsters and 'Mandalorian' coming to Disney+ app

  07-08-2019 01:57
  Walt Disney Cois set to launch its family-friendly streaming service, Disney+, later this year with a slate of new and classic TV shows and movies, as the company founded on theme parks and big-screen movies builds a digital entertainment business.
  
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• Disney to bundle Disney+, Hulu, ESPN+ at popular Netflix price

  07-08-2019 01:57
  Walt Disney Coon Tuesday said it would offer a $13-per-month bundle of its three streaming services starting in November, a move to attract audiences who have embraced digital services such as Netflix Inc .
  
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• Smartphone protective case maker Zagg hires bank to explore options

  07-08-2019 01:50
  Zagg Inc, a U.S. manufacturer of protective cases for smartphones and tablets, said on Tuesday it had retained Bank of America Corp to explore "strategic alternatives to maximize shareholder value."
  
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• Beachwood mayor wants to see technology, sustainability play big roles in city's future - cleveland.com

  07-08-2019 01:47 via cleveland.com
  Beachwood mayor wants to see technology, sustainability play big roles in city's future  cleveland.comBeachwood Mayor Martin Horwitz, at the start of the Aug. 5 City Council meeting, listed a set of goals for 2019-20 and beyond. The list includes moving forward ...
  
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• Suncorp creates chief customer and digital officer role, Pip Marlow to depart

  07-08-2019 01:37
  Suncorp has established a new Customer & Digital team that will bring together digital, marketing, customer and strategy functions from across the ASX-listed financial services group.
  
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• Microsoft finds Russia-backed attacks that exploit IoT devices

  07-08-2019 00:20
  Microsoft says default passwords, unpatched devices, poor inventory of IoT gear led to exploits against companies by Russia's STRONTIUM hacking group.
  
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