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Uber to invest $500 million in global mapping project: FT

July 31, 2016 by · Leave a Comment 

NEW YORK (Reuters) – Ride-hailing service Uber [UBER.UL] has decided to invest $500 million into an ambitious global mapping project to wean itself off dependence on Google Maps and pave the way for driverless cars, the Financial Times reported on Sunday. The San Francisco-based company is ramping up spending in new technologies such as mapping and driverless cars following new investments into the company earlier this year. A representative for Uber could not immediately be reached for comment. (Reporting by Catherine Ngai; Editing by Marguerita Choy)

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Uber to invest $500 million in global mapping project: FT

Uber to invest $500 million in global mapping project: FT

July 31, 2016 by · Leave a Comment 

NEW YORK (Reuters) – Ride-hailing service Uber [UBER.UL] has decided to invest $500 million into an ambitious global mapping project to wean itself off dependence on Google Maps and pave the way for driverless cars, the Financial Times reported on Sunday. The San Francisco-based company is ramping up spending in new technologies such as mapping and driverless cars following new investments into the company earlier this year. A representative for Uber could not immediately be reached for comment. (Reporting by Catherine Ngai; Editing by Marguerita Choy)

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Uber to invest $500 million in global mapping project: FT

Exclusive: Clinton campaign also hacked in attacks on Democrats

July 30, 2016 by · Leave a Comment 

By Mark Hosenball, Joseph Menn and John Walcott WASHINGTON/SAN FRANCISCO (Reuters) – A computer network used by Democratic presidential nominee Hillary Clinton’s campaign was hacked as part of a broad cyber attack on Democratic political organizations, people familiar with the matter told Reuters. The latest attack, which was disclosed to Reuters on Friday, follows two other hacks on the Democratic National Committee, or DNC, and the party’s fundraising committee for candidates for the U.S. House of Representatives. A Clinton campaign spokesman said in a statement late on Friday that an analytics data program maintained by the DNC and used by the campaign and a number of other entities “was accessed as part of the DNC hack.” “Our campaign computer system has been under review by outside cyber security experts.

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Exclusive: Clinton campaign also hacked in attacks on Democrats

Apple CEO touts future technology amid iPhone worries

July 27, 2016 by · Leave a Comment 

As iPhone sales declined for the second straight quarter, Apple CEO Tim Cook peeled back the curtain ever so slightly on its work in artificial intelligence and augmented reality, aiming to reassure investors that the company is ready to ride the next wave of technology. Raving about hit smartphone game Pokemon GO, Cook stressed that Apple is “high on [augmented reality] for the long-run” and investing heavily. Augmented reality, in which computer-generated content is overlaid on the real world, is one of the latest fixations in the technology business, with Pokemon GO among the first applications to catch on.

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Apple CEO touts future technology amid iPhone worries

Verizon to buy Yahoo’s core business for $4.83 billion

July 25, 2016 by · Leave a Comment 

Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, ending a lengthy sale process for the fading Web pioneer. The purchase will boost Verizon's AOL internet business, which it bought last year for $4.4 billion, as it gains access to Yahoo's ad technology tools, BrightRoll and Flurry, and search, mail and messenger assets. “Yahoo gives us scale that is what is most critical here, Marni Walden, who is head of product innovation and new business at Verizon told CNBC, adding that the company's audience will go from the millions to the billions.

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Verizon to buy Yahoo’s core business for $4.83 billion

Pokemon GO blamed for illegal border crossing from Canada to U.S.

July 23, 2016 by · Leave a Comment 

(Reuters) – Two youths unaware of their surroundings when they were playing Pokemon GO on their cell phones made an illegal border crossing this week from Canada into the United States in a remote part of Montana, U.S. Customs and Border Patrol said. The two, who were not identified, were found by U.S. Border Patrol agents on Thursday, with their attention affixed to their phones as they were trying to hunt down cartoon characters on a journey that took them over the border. “Both juveniles were so captivated by their Pokemon GO games that they lost track of where they were,” said Michael Rappold, a spokesman for the agency.

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Pokemon GO blamed for illegal border crossing from Canada to U.S.

U.S. asks phone companies to provide ‘robocall’ blocking technology

July 22, 2016 by · Leave a Comment 

By David Shepardson WASHINGTON (Reuters) – The chairman of the Federal Communications Commission on Friday pressed major U.S. phone companies to take immediate steps to make technology that blocks unwanted automated calls available to consumers at no charge. FCC Chairman Tom Wheeler, in letters to CEOs of major phone companies, said so-called robocalls, automated pre-recorded telephone calls often from telemarketers or scam artists, continue “due in large part to industry inaction.” Wheeler's letters went to chief executives of companies including Verizon Communications Inc, AT&T Inc, Sprint Corp, US Cellular Corp, Level 3 Communications Inc, Frontier Communications Corp, Bandwidth.com Inc, and T-Mobile US.

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U.S. asks phone companies to provide ‘robocall’ blocking technology

Japan warns on Pokemon GO safety as impatient gamers await launch

July 21, 2016 by · Leave a Comment 

Gamers in Japan, home of Nintendo's Pokemon, are still impatiently awaiting the launch of the smash-hit Pokemon GO game but the government is already preparing for an invasion of little cartoon monsters, issuing a safety warning. The country's National Center for Incident Readiness and Strategy for Cybersecurity (NISC) issued nine instructions to users of the mobile game, ranging from advising them not to use their real names to warning gamers over fake apps. It is rare for NISC to issue an advisory over specific games, but Japan is just the latest government to do so over Pokemon GO, a game where users chase cuddly cartoon monsters in their real-life neighborhoods.

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Japan warns on Pokemon GO safety as impatient gamers await launch

Strong cloud business boosts Microsoft’s quarterly results

July 19, 2016 by · Leave a Comment 

(Reuters) – Microsoft Corp reported higher quarterly adjusted revenue, driven mainly by growth in the company's cloud business. The company's shares jumped 3.5 percent to $54.91 in extended trading on Tuesday. Revenue in the cloud business, which includes the Azure cloud platform as well as products related to server software, rose 7 percent to $6.7 billion. Under the leadership of Satya Nadella, the software behemoth has focused on the building the company's expertise in cloud-based services amid slowing PC sales. …

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Strong cloud business boosts Microsoft’s quarterly results

Success of Pokemon GO adds impetus for change at Nintendo

July 17, 2016 by · Leave a Comment 

TOKYO/SINGAPORE (Reuters) – The phenomenal success of Pokemon GO and the surge in Nintendo Co's market value by $17 billion in just over a week has been seized upon by one of its most vocal investors to press for a change of strategy at the company. Until Pokemon GO, a mobile game, was launched just over a week ago, Nintendo had taken every opportunity to say its main focus was still gaming consoles, and games for smartphones were just a means to lure more people to them. Encouraged by the success of mobile games like “Candy Crush”, he has campaigned for years for the Japanese console maker to develop and sell games for platforms run by Apple and Google .

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Success of Pokemon GO adds impetus for change at Nintendo

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