Business

Prosecutor Says Samsung Scandal Reveals Chronic Corruption

Prosecutor Says Samsung Scandal Reveals Chronic Corruption

6 Mar 2017 comment

South Korea’s special prosecutor accused Jay Y. Lee and other Samsung Group executives of conspiring to create fake documents to mask millions of dollars in bribes funneled to a confidante of the nation’s president, according to Bloomberg.

Foxconn to Start Work on $9 Billion Chinese TV Display Plant

Foxconn to Start Work on $9 Billion Chinese TV Display Plant

6 Mar 2017 comment

Foxconn will begin construction this month on a $9 billion display plant in southern China, as billionaire founder Terry Gou makes a big bet on demand for giant-sized TV screens in healthcare and homes, according to Bloomberg.

Uber Launches Self-Driving Cars in Arizona After California Ban

Uber Launches Self-Driving Cars in Arizona After California Ban

5 Mar 2017 comment

Uber has expanded its self-driving car program to Tempe, Arizona, the second city where customers can test the ride-hailing company’s automated technology, according to Bloomberg.

Social Media Are Driving Americans Insane

Social Media Are Driving Americans Insane

5 Mar 2017 comment

The APA recently released a study finding that Americans were experiencing the first statistically significant stress increase in the survey’s 10-year history, according to Bloomberg. In January, 57 percent of respondents of all political stripes said the U.S. political climate was a very or somewhat significant source of stress, up from 52 percent who said the same thing in August.

Apple to Open Steve Jobs-Inspired Campus in April

Apple to Open Steve Jobs-Inspired Campus in April

5 Mar 2017 comment

Apple co-founder Steve Jobs’ last public event in 2011 was a city council meeting in Cupertino, California, where he presented plans for a sprawling new campus with a spaceship-shaped building and tree-filled park.

Twitter and Snapchat Probed in France

Twitter and Snapchat Probed in France

4 Mar 2017 comment

French fraud watchdogs are investigating potential abusive clauses in the terms and conditions applicable for users of Twitter, WhatsApp, Google + and Snapchat, according to Bloomberg.

Nintendo Shares Gain After Good Switch Debut

Nintendo Shares Gain After Good Switch Debut

4 Mar 2017 comment

Nintendo shares rose on Friday to their highest in a month after a smooth debut of Switch, a hybrid console that aims to bring together the worlds of mobile and home gaming, according to Bloomberg.

Uber to Play by the Rules in California for Self-Driving Cars

Uber to Play by the Rules in California for Self-Driving Cars

4 Mar 2017 comment

Uber Technologies Inc. wants to re-introduce its self-driving cars in California, legally this time. In December, Uber’s pilot program automobiles were pulled off the streets in San Francisco for failing to properly register with the state’s Department of Motor Vehicles. Now, after relocating cars to Arizona, Uber wants back in its home state. Currently, 23 companies including Tesla Inc., Alphabet Inc.’s Google, Volkswagen AG, and Baidu Inc. are on the list of approved participants for the program.

LG G6 Wins Multiple Best Smartphone Awards at MWC

LG G6 Wins Multiple Best Smartphone Awards at MWC

3 Mar 2017 comment

LG Electronics' G6 smartphone won an unprecedented 31 booth awards at Mobile World Congress 2017 including multiple honors from various international titles and publications attending the show. Amongst top honors received, Wired, Android Authority, Digital Trends, PCMag and TechRadar designated the G6 as the best smartphone of MWC 2017.

Snap IPO Values Photo-Chat App Maker at Twice Facebook's Worth

Snap IPO Values Photo-Chat App Maker at Twice Facebook's Worth

2 Mar 2017 comment

Snap, maker of the disappearing photo app dependent upon the fickle favor of the millennial demographic, is going public at a valuation at least twice as expensive as Facebook, and four times more costly than Twitter.

4YFN Closes its Fourth Edition With a Record of Attendees

4YFN Closes its Fourth Edition With a Record of Attendees

2 Mar 2017 comment

4 Years From Now (4YFN), the startup business platform of Mobile World Capital Barcelona, has closed its 4th and most international edition with 19,123 attendees, over 60% more than in the previous year. A staggering 47% ventured over from GSMA Mobile World Congress, with over 70% of attendance being from abroad.

Deutsche Telekom assures Corporate IP Broadband with MYCOM OSI

Deutsche Telekom assures Corporate IP Broadband with MYCOM OSI

1 Mar 2017 comment

MYCOM OSI, the leading independent provider of Assurance, Automation and Analytics solutions to the world’s largest Communications Service Providers (CSPs), announced that Deutsche Telekom has deployed their digital Service Quality Management (SQM) solution to assure its next generation corporate broadband service.

Amazon Web Services Errors Disrupt Big Part of the Internet

Amazon Web Services Errors Disrupt Big Part of the Internet

1 Mar 2017 comment

Amazon’s cloud-computing service was beset by errors on Tuesday, disrupting thousands of US online services from project-management and expense-reporting tools to commuter alerts, according to Bloomberg.

Noa Smartphones Presented at MWC in Barcelona

Noa Smartphones Presented at MWC in Barcelona

1 Mar 2017 comment

Hangar 18, the company from the Croatian town of Koprivnica, participated for the first time at the largest world mobile technology exibition, Mobile World Congress in Barcelona. Their goal was presenting NOA's range of flagship smartphones: NOA H10le, NOA H2 and NOA N5.

Prosecutors to Indict Samsung Heir on Graft Charges

Prosecutors to Indict Samsung Heir on Graft Charges

28 Feb 2017 comment

South Korea’s special prosecutor plans to indict Samsung's Jay Y. Lee on bribery charges along with four other executives, dealing a blow to the country’s largest conglomerate as it prepares for a generational handover, according to Bloomberg.

Agrivi is mixed of technology, love, and farming

Agrivi is mixed of technology, love, and farming

28 Feb 2017 comment

One of the Croatian startups Agrivi is oriented to help the farmers in everyday business, According to its founder Matija Žulj Agrvi is not the only knowledge-based farm management software company that delivers knowledge through technology.

The Classic Nokia 3310 Is Back, Along With New Smartphones

The Classic Nokia 3310 Is Back, Along With New Smartphones

27 Feb 2017 comment

Finnish company HMD Global unveiled a range of new phones, including a redesign of the classic Nokia 3310, in a bid to win back mobile consumers. Two new smartphones, the Nokia 3 and Nokia 5, are set to come to market in the second quarter.

Huawei and LG Present Their New Flagship Smartphones

Huawei and LG Present Their New Flagship Smartphones

27 Feb 2017 comment

Huawei and LG are angling to steal the show at this year’s Mobile World Congress. They're ushering in new smartphones that each hopes will fill a void created by the absence of a new handset from the usually dominant Samsung.

Toshiba Said to Seek At Least $8.8 Billion in Chip Stake Sale

Toshiba Said to Seek At Least $8.8 Billion in Chip Stake Sale

26 Feb 2017 comment

Toshiba is looking to raise at least 1 trillion yen ($8.8 billion) from the sale of its memory chip business and will aim to complete the transaction by March 2018, according to Bloomberg.

Facebook Said Near Deal for Expansion of European HQ

Facebook Said Near Deal for Expansion of European HQ

25 Feb 2017 comment

Facebook is close to a deal to lease an office building near Dublin’s International Financial Services Centre, according to Bloomberg citing three people with knowledge of the matter.

HP Sales Soar Past Estimates

HP Sales Soar Past Estimates

24 Feb 2017 comment

HP reported sales that surpassed estimates on firmer demand for computers and printers that are helping drive profitability, according to Bloomberg. Revenue rose 3.6 percent percent to $12.7 billion in the fiscal first quarter, the company said in a statement.

Microsoft Faces European Privacy Probes Over Windows 10

Microsoft Faces European Privacy Probes Over Windows 10

23 Feb 2017 comment

Microsoft faces a coordinated investigation by European privacy regulators after it failed to do enough to address their concerns about the collection and processing of user data with a series of changes to Windows 10 last month, according to Bloomberg.

Verizon, Yahoo Cut Merger Price by $350 Million

Verizon, Yahoo Cut Merger Price by $350 Million

22 Feb 2017 comment

Verizon will acquire Yahoo’s Internet properties at a $350 million discount after revelations of security breaches at the web company, according to Bloomberg. The acquisition, now valued at $4.48 billion in cash, is expected to close in the second quarter, the companies said in a statement.

Facebook Messenger Now Lets You Send Money

Facebook Messenger Now Lets You Send Money

22 Feb 2017 comment

International money transfer service TransferWise has announced an integration with Facebook’s Messenger that will let people set up foreign exchange transactions over the chat service, according to Bloomberg.

Samsung's Reputation Tanks Among Americans

Samsung's Reputation Tanks Among Americans

21 Feb 2017 comment

Samsung’s reputation among U.S. consumers crumbled after the Galaxy Note 7’s recall and eventual abolition unearthed flaws in the Korean company’s product safeguards, according to Bloomberg.

Hackers Shift Tactics After 2016 U.S. Election

Hackers Shift Tactics After 2016 U.S. Election

21 Feb 2017 comment

Bloomberg reports that hackers are shifting their tactics. Undeterred by tighter sanctions imposed on Russia by the U.S. in response to last year’s attacks, hackers are increasingly likely to leak altered information they steal from both individuals and companies, said Dmitri Alperovitch, CTO at CrowdStrike.

Airbnb Is Accelerating Dealmaking

Airbnb Is Accelerating Dealmaking

20 Feb 2017 comment

Airbnb is on a mission to be more than a home-sharing platform, according to Bloomberg. It wants to be a flight booker, an itinerary planner and a vacation-home manager.

Uber Takes Steps to Appease U.K. Drivers After Losing Pay Suit

Uber Takes Steps to Appease U.K. Drivers After Losing Pay Suit

19 Feb 2017 comment

Uber Technologies is adding options for drivers in the U.K., tweaking its app as the latest compromise aimed at appeasing chauffeurs in Europe, amid lawsuits and protests, according to Bloomberg.

Tesla Nears Record Stock Price

Tesla Nears Record Stock Price

19 Feb 2017 comment

For Tesla, there’s been little light shed on what the acquisition of money-losing SolarCity will mean to the bottom line. That hasn’t stopped its shares from nearing a record high, according to Bloomberg.

Hollande Requests Cyber Security Briefing on French Election

Hollande Requests Cyber Security Briefing on French Election

18 Feb 2017 comment

French President Francois Hollande requested a full briefing on what is being done to fend off cyber interference in the 2017 presidential race, according to Bloomberg.