Business

Senators Threaten to Regulate Facebook Unless It Makes Fixes

Senators Threaten to Regulate Facebook Unless It Makes Fixes

20 Nov 2018 comment

Senators Chris Coons and Bob Corker warned that Congress would impose new regulations to rein in Facebook unless the company addresses concerns about privacy and the spread of misinformation, according to Bloomberg.

Leading European Companies Select IBM Blockchain

Leading European Companies Select IBM Blockchain

20 Nov 2018 comment

IBM announced work underway with leading European companies to continue to innovate with blockchain, progressing projects from proof of concept to production environments.

Intel Announces $15 Billion Increase for Stock Repurchase

Intel Announces $15 Billion Increase for Stock Repurchase

20 Nov 2018 comment

Intel announced that its board of directors has approved a $15.0 billion increase in its authorized stock repurchase program.

Nvidia Gives Lackluster Forecast on Inventory

Nvidia Gives Lackluster Forecast on Inventory

19 Nov 2018 comment

Nvidia gave a disappointing sales forecast for the current quarter, showing the lingering loss of demand from the collapse of cryptocurrency mining, according to Bloomberg.

Whirlpool Will Manage Global Operations on the IBM Services Cloud

Whirlpool Will Manage Global Operations on the IBM Services Cloud

19 Nov 2018 comment

IBM and Whirlpool announced that Whirlpool will use IBM Cloud to manage and provide 24/7 access to the company's critical enterprise applications.

Intel Drafts Model Legislation to Spur Data Privacy Discussion

Intel Drafts Model Legislation to Spur Data Privacy Discussion

19 Nov 2018 comment

Intel released model legislation designed to inform policymakers and spur discussion on personal data privacy.

Facebook Board Defends How Zuckerberg and Sandberg Handled Crisis

Facebook Board Defends How Zuckerberg and Sandberg Handled Crisis

18 Nov 2018 comment

Facebook’s board defended how Zuckerberg and Sandberg have handled problems faced by the company, according to Bloomberg.

SpaceX Wins FCC Approval to Deploy 7,518 Satellites

SpaceX Wins FCC Approval to Deploy 7,518 Satellites

18 Nov 2018 comment

Elon Musk’s SpaceX won permission to deploy more than 7,000 satellites from U.S. regulators who also moved to reduce a growing risk from space debris, according to Bloomberg.

Samsung Will Make at Least 1 Million Foldable Phones

Samsung Will Make at Least 1 Million Foldable Phones

17 Nov 2018 comment

Samsung will roll out its foldable phone in the first half of next year and produce at least 1 million of them, Yonhap News reported, citing the company’s smartphone chief DJ Koh, according to Bloomberg.

Google Merges DeepMind Health App With Other AI Efforts

Google Merges DeepMind Health App With Other AI Efforts

17 Nov 2018 comment

Alphabet is merging part of its London-based artificial intelligence company DeepMind into sister company Google, according to Bloomberg.

Dell Boosts Final Offer for Tracking Stock to $120 a Share

Dell Boosts Final Offer for Tracking Stock to $120 a Share

16 Nov 2018 comment

Dell boosted an offer to shareholders of its tracking stock, DVMT, to win support for the company’s plan to return to public markets, according to Bloomberg.

Huawei Releases European Talent Program and Employee Value Proposition

Huawei Releases European Talent Program and Employee Value Proposition

16 Nov 2018 comment

Huawei held a talent engagement event "DigitALL Night" in Rome.

Waymo Said to Launch First Driverless Car Service in December

Waymo Said to Launch First Driverless Car Service in December

16 Nov 2018 comment

Waymo, the subsidiary of Alphabet Inc, is planning to launch the world’s first commercial driverless car service in early December, according to Bloomberg, citing a person familiar with the plans.

Singapore Awarded as Smart City of 2018

Singapore Awarded as Smart City of 2018

16 Nov 2018 comment

The city of Singapore has been chosen as the Smart City of 2018 at the Smart City Expo World Congress.

Hon Hai's Profit Miss Reflects Growing iPhone-Supplier Woes

Hon Hai's Profit Miss Reflects Growing iPhone-Supplier Woes

15 Nov 2018 comment

Hon Hai’s disappointing earnings will fan fears that Apple’s legion of global hardware suppliers are in for hard times, according to Bloomberg.

SoftBank Is Raising $21 Billion in IPO to Fund Tech Deals

SoftBank Is Raising $21 Billion in IPO to Fund Tech Deals

15 Nov 2018 comment

SoftBank Group founder Masayoshi Son is seeking to raise 2.4 trillion yen ($21.1 billion) in an initial public offering of his Japanese telecom business, according to Bloomberg.

Facebook Stopped 141 Suspected Russian Accounts on FBI Tip

Facebook Stopped 141 Suspected Russian Accounts on FBI Tip

14 Nov 2018 comment

Facebook took down some accounts ahead of U.S. midterms that federal authorities told them might possibly be from the Russian Internet Research Agency, the same group that tried to influence the 2016 election, according to Bloomberg.

Siemens and Aruba Form Strategic Partnership for Integrated Networks

Siemens and Aruba Form Strategic Partnership for Integrated Networks

14 Nov 2018 comment

Siemens and Aruba announced a strategic partnership focused on bridging the Operational Technology and Information Technology worlds.

Microsoft, Google and Samsung Back Paris Cyber Pledge

Microsoft, Google and Samsung Back Paris Cyber Pledge

14 Nov 2018 comment

Microsoft, Google and Samsung are backing a cybersecurity pledge coming out of Paris that promises to unite tech giants and governments in battling election tampering, compromised electronic components and software hacks, according to Bloomberg.

Amazon Splits HQ2 Between New York and Washington

Amazon Splits HQ2 Between New York and Washington

14 Nov 2018 comment

Amazon will build new offices in New York City and Arlington, Virginia, according to Bloomberg.

UH Data Science Institute Receives $10 Million Boost from HPE

UH Data Science Institute Receives $10 Million Boost from HPE

13 Nov 2018 comment

The University of Houston announced a new collaboration with Hewlett Packard Enterprise, including a $10 million gift.

SAP to Buy Qualtrics for 7 Billion Euros in its Largest-Ever Deal

SAP to Buy Qualtrics for 7 Billion Euros in its Largest-Ever Deal

13 Nov 2018 comment

SAP is making its largest acquisition yet as it battles rivals in selling software to clients that want to better understand their customers, according to Bloomberg.

Amazon to Start Selling Latest Apple Products, Excluding Speaker

Amazon to Start Selling Latest Apple Products, Excluding Speaker

13 Nov 2018 comment

Apple and Amazon, two of the world’s most valuable technology companies, struck a deal to get the newest iPhones into the hands of Amazon customers, according to Bloomberg.

Telecom Italia Is Said to Discuss Open Fiber Network Deal

Telecom Italia Is Said to Discuss Open Fiber Network Deal

12 Nov 2018 comment

Telecom Italia is discussing a deal to lease network capacity from broadband rival Open Fiber that would shift the competitive landscape in Italian telecoms, according to Bloomberg, citing people familiar with the matter.

Gap Chose Microsoft Cloud for Their Digital Transformation

Gap Chose Microsoft Cloud for Their Digital Transformation

12 Nov 2018 comment

Gap announced it has established a strategic partnership with Microsoft to drive its digital transformation strategies and continue to create new customer experiences across all brands.

Lenovo Had Revenue and Profit Growth in 3Q18

Lenovo Had Revenue and Profit Growth in 3Q18

12 Nov 2018 comment

For the third straight quarter, Lenovo achieved strong double-digit growth in revenue year-over-year.

Alibaba Sets Singles' Day Record With $31 Billion in Sales

Alibaba Sets Singles' Day Record With $31 Billion in Sales

12 Nov 2018 comment

Alibaba logged 213.5 billion yuan ($30.7 billion) in sales for its annual Singles’ Day extravaganza setting a record, according to Bloomberg.

IBM and VMware Advance the Existing Partnership

IBM and VMware Advance the Existing Partnership

11 Nov 2018 comment

IBM and VMware announced new offerings to help accelerate enterprise hybrid cloud adoption.

Cambridge Analytica Whistleblower Fears for 2020 U.S. Election

Cambridge Analytica Whistleblower Fears for 2020 U.S. Election

11 Nov 2018 comment

The whistle-blower behind the Cambridge Analytica revelations said he had no confidence that enough is being done to prevent foreign interference via social media in the run-up to the 2020 U.S. Presidential election, according to Bloomberg.

Samsung Opens AI Center in Montreal

Samsung Opens AI Center in Montreal

11 Nov 2018 comment

Samsung announced that it is establishing another AI center in Montreal, the second biggest city in Canada and home to one of the world’s fastest growing AI communities.