Business

Uber Engineer Ordered to Stay Off Any Lidar Work in Waymo Fight

Uber Engineer Ordered to Stay Off Any Lidar Work in Waymo Fight

18 May 2017 comment

Uber’s move last month to demote the engineer who led its driverless-car unit to keep him away from related laser technology was deemed adequate to safeguard trade secrets that rival Waymo alleges were stolen, according to Bloomberg.

Qualcomm Sues Apple Contractors

Qualcomm Sues Apple Contractors

17 May 2017 comment

Qualcomm’s battle with Apple is heating up as the chip company hauls assemblers of the iPhone into a U.S. court on claims they are failing to pay patent royalties, according to Bloomberg.

Facebook Stops Sex-Targeted Ads in EU-Wide Privacy Clampdown

Facebook Stops Sex-Targeted Ads in EU-Wide Privacy Clampdown

17 May 2017 comment

Facebook agreed under Dutch pressure to stop targeting ads based on users’ sexual orientation as European regulators revealed a concerted clampdown on some of the social network’s data practices, according to Bloomberg.

Cloud Becomes Commonplace Like the Internet

Cloud Becomes Commonplace Like the Internet

17 May 2017 comment

This year's Oracle Cloud Day in Zagreb we used to talk to Janusz Naklicki, Vice President, Oracle Central, Eastern Europe, and CIS, pointing out that public cloud services will become as common as the Internet.

Vietnam-Aligned Hackers Attack Foreign Firms

Vietnam-Aligned Hackers Attack Foreign Firms

17 May 2017 comment

Cyber espionage attacks against foreign companies operating in Vietnam have been traced to a group of hackers “aligned with Vietnamese state interests,” according to Bloomberg, citing a report from cyber-security provider FireEye.

Brighter Selects AIS & Ericsson to Launch the Diabetes Solution Actiste in Thailand

Brighter Selects AIS & Ericsson to Launch the Diabetes Solution Actiste in Thailand

17 May 2017 comment

Thailand’s leading mobile phone operator AIS and Ericsson, will be Brighter’s partners for the launch of Actiste in Thailand. The solution will be launched on AIS’s IoT managed connectivity solution and Ericsson’s DCP (Device Connection Platform).

Microsoft Faulted Over Ransomware While Shifting Blame to NSA

Microsoft Faulted Over Ransomware While Shifting Blame to NSA

16 May 2017 comment

There’s a blame game brewing over who’s responsible for the massive cyberattack that infected hundreds of thousands of computers. Microsoft is pointing its finger at the U.S. government, while some experts say the software giant is accountable too, according to Bloomberg.

Few Victims Are Paying Hackers Because Using Bitcoin Is Hard

Few Victims Are Paying Hackers Because Using Bitcoin Is Hard

16 May 2017 comment

An unprecedented cyberattack swept across the globe over the weekend, but so far the majority of victims haven’t paid hackers a ransom, according to Bloomberg.

Western Digital Moves to Block Toshiba Deal

Western Digital Moves to Block Toshiba Deal

15 May 2017 comment

Western Digital is taking legal action to try to guarantee a say in who gets to buy the chip unit of Toshiba, its partner in a manufacturing joint venture, according to Bloomberg.

Electric Cars Seen Suffering Technology Cost Pains Until 2025

Electric Cars Seen Suffering Technology Cost Pains Until 2025

15 May 2017 comment

Carmakers readying a salvo of electric cars will be stung by ramp-up costs until about 2025, amid an industry-wide push to make the vehicles more appealing to the mass market, according to Bloomberg, citing automotive supplier Continental.

Ransom Threat Seen Spreading in Unprecedented Global Attack

Ransom Threat Seen Spreading in Unprecedented Global Attack

15 May 2017 comment

An unrivaled global cyber-attack is poised to continue claiming victims, even as U.K. health facilities whose systems were crippled early in the assault are returning to normal operation, according to Bloomberg.

Amazon Undercuts Wal-Mart With $25 Free Shipping Threshold

Amazon Undercuts Wal-Mart With $25 Free Shipping Threshold

14 May 2017 comment

Amazon lowered its free shipping threshold to $25 from $35, undercutting Wal-Mart by $10 and escalating a battle between the world’s e-commerce leader and the world’s biggest retailer, according to Bloomberg.

Hospitals Gain Control After Ransom Hack, More Attacks May Come

Hospitals Gain Control After Ransom Hack, More Attacks May Come

14 May 2017 comment

Most U.K. health facilities whose computer systems were crippled in a global cyber-attack are back to normal operation, Home Secretary Amber Rudd said, accordingt o Bloomberg.

Warner and YouTube Renew Licensing Deal to Keep Music Streaming

Warner and YouTube Renew Licensing Deal to Keep Music Streaming

13 May 2017 comment

Warner Music Group extended a licensing deal with YouTube, ensuring the label’s songs remain on the web’s most popular destination for streaming music, according to Bloomberg.

Extortionists Mount Global Hacking Attack Seeking Ransom

Extortionists Mount Global Hacking Attack Seeking Ransom

13 May 2017 comment

Extortionist hackers, who may be using leaked computer exploits from the U.S. National Security Agency, infiltrated computers in dozens of countries in a fast-spreading attack that forced British hospitals to turn away patients and breached systems at Spain’s Telefonica and organizations from Russia to Taiwan, according to Bloomberg.

Airlines Braced for Expansion of Trump Laptop Ban to Europe

Airlines Braced for Expansion of Trump Laptop Ban to Europe

12 May 2017 comment

Airlines are preparing for an anticipated widening of a U.S. ban on bringing laptops and other large electronic devices on board planes bound for American airports, according to Bloomberg.

Deutsche Telekom CEO Eyeing Up Merger Partners for T-Mobile US

Deutsche Telekom CEO Eyeing Up Merger Partners for T-Mobile US

12 May 2017 comment

Deutsche Telekom CEO Tim Hoettges is eyeing up potential merger partners for T-Mobile US as he prepares for consolidation in the industry following the completion of the country’s spectrum auction, according to Bloomberg.

BT Cuts 4,000 Jobs After Italy Accounting Scandal

BT Cuts 4,000 Jobs After Italy Accounting Scandal

12 May 2017 comment

BT Group is clawing back management pay and eliminating 4,000 jobs as it seeks to rebuild investor confidence and overhaul the division involved in an accounting scandal in Italy, according to Bloomberg.

SoftBank Said Near Closing Technology Fund With $95 Billion

SoftBank Said Near Closing Technology Fund With $95 Billion

12 May 2017 comment

SoftBank Group is close to announcing commitments of as much as $95 billion for its technology fund, according to Bloomberg, citing people familiar with the matter.

EU Court Aide Says Uber is More Than an App

EU Court Aide Says Uber is More Than an App

11 May 2017 comment

Uber suffered a legal setback in its fight against being regulated as a traditional taxi service, after an adviser to the European Union’s top court rejected the argument that the car-hailing application is just that, an app, according to Bloomberg.

French Websites Knocked Offline in Cyber-Attack on Cedexis

French Websites Knocked Offline in Cyber-Attack on Cedexis

11 May 2017 comment

Websites of several major French media outlets were knocked offline yesterday during a cyber-attack against Cedexis, provider of network and cloud technology to corporate customers, according to Bloomberg.

TSMC Posts Lowest Monthly Sales Since 2014 Ahead of New iPhone

TSMC Posts Lowest Monthly Sales Since 2014 Ahead of New iPhone

10 May 2017 comment

TSMC reported its lowest monthly revenue since 2014, as iPhone demand slumps in the lead-up to one of Apple’s most anticipated devices in years, according to Bloomberg.

Apple Becomes First U.S. Company to Top $800 Billion Value

Apple Becomes First U.S. Company to Top $800 Billion Value

10 May 2017 comment

Apple became the first U.S. company with a market value of more $800 billion as investors bet the next iPhone will spur a resurgence in sales, according to Bloomberg.

Dell Says He's Winning Back Customers From 'Pricey' Public Cloud

Dell Says He's Winning Back Customers From 'Pricey' Public Cloud

10 May 2017 comment

Michael Dell said his company is seeing some customers return to buying equipment after discovering that working with the giant cloud-computing providers is more complicated and costlier than they thought, according to Bloomberg.

Toshiba Warns Western Digital to Stop Impeding Chip Sale

Toshiba Warns Western Digital to Stop Impeding Chip Sale

10 May 2017 comment

Toshiba has told partner Western Digital to stop interfering in plans to sell its memory chip business, warning it may take legal action to prevent the U.S. company from derailing the sale, according to Bloomberg.

Amazon Dominating Google in the Voice-Activated Speaker Race

Amazon Dominating Google in the Voice-Activated Speaker Race

9 May 2017 comment

Amazon will dominate Google in the voice-activated speaker market for the next few years due to the early breakout success of its Echo speaker, according to Bloomberg, citing a forecast from research firm eMarketer.

M-commerce Moving Closer to Mainstream in Germany

M-commerce Moving Closer to Mainstream in Germany

9 May 2017 comment

Buying online with a mobile device and using a phone to pay for goods and services at the point of sale (POS) have been slow to catch on in Germany, where cash remains king for most forms of purchasing.

PayPal Accused in Suit of Crucial Role in Massive Ponzi Scam

PayPal Accused in Suit of Crucial Role in Massive Ponzi Scam

9 May 2017 comment

PayPal was accused by victims of an alleged Ponzi scheme of failing to detect the fraud while processing more than $100 million in investments, according to Bloomberg.

KKR Reportedly in Talks With Toshiba for Preemptive Chips Unit Bid

KKR Reportedly in Talks With Toshiba for Preemptive Chips Unit Bid

9 May 2017 comment

KKR is in talks with Toshiba about a preemptive bid for the Japanese company’s memory chips business that would accelerate completion of a sale and end negotiations with other potential acquirers, according to Bloomberg citing people familiar with the matter.

Paperlit Strengthens Presence in Switzerland by Partnering with Consenda

Paperlit Strengthens Presence in Switzerland by Partnering with Consenda

8 May 2017 comment

Consenda, Switzerland’s provider of advanced content and advertising solutions for local publishing, upgrades its LocalPoint app platform, used by more than 20 Swiss local newspapers, on the basis of the Paperlit.