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Amazon, Microsoft look for big data role in self-driving cars

Friday April 1, 2016    7:37 AM

FRANKFURT (Reuters) - Amazon.com and Microsoft are in talks to supply cloud computing to digital mapping business HERE, owned by a group of German carmakers developing self-driving cars, sources familiar with the matter said. Amazon is also considering becoming a shareholder in HERE, two sources said. Last year, carmakers BMW, Audi and Mercedes struck a 2.5 billion euro ($2.85 billion)deal to buy Nokia&# ... Full Story

Saban, Disney invest in digital content firm Playbuzz

Thursday March 31, 2016    8:22 AM

TEL AVIV (Reuters) - Playbuzz, a U.S.-Israeli platform for distributing online content, has raised $15 million in funding led by Saban Ventures, with participation from Walt Disney Co . Existing investors 83North, Carmel Ventures and FirstTime Ventures also partici ... Full Story

Total triples power of supercomputer in search for savings

Tuesday March 29, 2016    4:42 PM

-->PARIS (Reuters) - Total has tripled the power of its Pangea supercomputer, making it one of the world's most powerful and helping the French oil and gas company to speed up exploration studies and cut costs amid low oil prices. The computing power of the Pangea has been incre ... Full Story

Amaya CEO Baazov goes on indefinite leave

Tuesday March 29, 2016    4:42 PM

-->(Reuters) - Amaya Inc Chief Executive David Baazov was taking an indefinite paid leave of absence, the Canadian gambling website operator said, a week after Baazov was charged with insider trading by Quebec's securities regulator. Charges against Baazov come about two mont ... Full Story

Jupiter's X-Ray Aurora Glimmers During Solar Storm

Saturday March 26, 2016    9:24 PM

-->Scientists have unveiled images of a brilliant X-ray aurora on triggered by a massive solar storm slamming into the solar system's largest planet. In the color-enhanced images, the purple areas show emissions of X-rays, which are invisible to the human eye, with the white areas showin ... Full Story

Apple says San Bernardino iPhone could affect NY case

Friday March 25, 2016    10:40 AM

-->New York (AFP) - Apple has said the US government's potential ability to unlock a phone used by one of the San Bernardino killers means the company may not have to provide help in a similar case in New York.The tech giant wrote a letter to a federal court in Brooklyn on Thursday, setting o ... Full Story

Apple releases small new iPhone, iPad for business use

Monday March 21, 2016    11:53 AM

CUPERTINO, Calif. (AP) -- Apple unveiled a small new iPhone, a new iPad tablet for business use and price cuts for its Apple Watch at a product event Monday. The announcements, which were largely expected, aim to keep up the company's commercial momentum in the face of mounting challenges. The company could use a lift. Sales o ... Full Story

Impatient with Yahoo, some investors cheer Starboard effort

Thursday March 31, 2016    8:22 AM

BOSTON/SAN FRANCISCO (Reuters) - Activist hedge fund Starboard Value LP's campaign to replace Yahoo Inc's board of directors is being welcomed by some investors who have grown impatient with the faded Internet pioneer's drawn-out process of selling its Web business. Starboard, which owns about 1.7 percent of Yahoo, said last week it was seeking to remove the entire board of the company after pushing for changes since 2014. Four years after Marissa Mayer took over as chief executive and ... Full Story

China rejects worry over web rules that could cut access to foreign sites

Wednesday March 30, 2016    6:05 PM

BEIJING (Reuters) - China's technology regulator has rejected criticism of proposed Internet rules that could block access to foreign websites, saying there was misunderstanding about what some people see as a way to tighten control over cyberspace. Experts have sa ... Full Story

Telefonica boss Alierta steps down, replaced by deputy

Tuesday March 29, 2016    4:42 PM

-->MADRID (Reuters) - Spain's Telefonica chairman Cesar Alierta will step down after 16 years and be replaced by his deputy Jose Maria Alvarez-Pallete, the company said on Tuesday, seeking to open a new era of digital growth. Alierta, who took over the job in 2000 as the tech b ... Full Story

Facebook's Oculus starts shipping Rift virtual reality headset

Monday March 28, 2016    5:42 PM

The earliest investors in Oculus's fundraising campaign on crowdfunding website Kickstarter in 2012 started receiving their Rift headsets from Monday. The first of the pre-orders will start shipping from mid-week, Oculus said. (http://ocul.us/1URqQIL) The company, founded in 2012, launched a campaign on Kickstarter to raise $250,000. A couple of years later, Facebook bought Oculus for about $2 billion. Facebook Chief Executive Mark Zuckerberg has said that he saw virtual reality as the next major computing platform. This year, HTC Corp <2498.TW> and Sony Corp <6758.T> are also set to launch their virtual reality devices as companies look to offer enha ... Full Story

Massachusetts finalizes comprehensive fantasy sports rules

Saturday March 26, 2016    8:26 AM

The final regulations are largely the same as the ones Healey, a Democrat, proposed in November. They also bar games based on college or amateur sports, and individual players could not spend more than $1,000 each month without proof they could withstand deep financial losses.Operators such as Bost ... Full Story

Inventor unveils new exoskeleton to help patients walk again

Friday March 25, 2016    10:40 AM

-->California-based inventor Homayoon Kazerooni has unveiled a new exoskeleton that will allow paraplegics to walk, reports .With his company suitX robotics company, Kazerooni developed Phoenix, the lightest exoskeleton available at 27 pounds. And while it comes with a hefty price tag of $40,000 ... Full Story

U.S. top court rejects EA Sports' appeal over Madden videogame

Monday March 21, 2016    11:53 AM

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday rejected Electronic Arts Inc's bid to revive its free speech defense in a lawsuit filed by former NFL players who accused the videogame maker of using their likenesses in the popular Madden NFL series without permission or ... Full Story

Foxconn's $3.5 billion bet to keep up with Apple

Thursday March 31, 2016    8:22 AM

SEOUL (Reuters) - With its acquisition of Japan's Sharp Corp <6753.T>, Foxconn aims to gain access to promising technology for high-end OLED screens likely to be used in future devices from Apple Inc , the electronics assembler's biggest customer. But even with Foxconn's backing, Sharp faces a tough challenge to catch up with rivals already looking ahead to more advanced display panels such as 'fo ... Full Story

When mobsters meet hackers - the new, improved bank heist

Wednesday March 30, 2016    6:05 PM

(Reuters) - No need for stocking masks and sawn-off shotguns. The unprecedented heist of $81 million from the U.S. account of Bangladeshâ??s central bank is the latest among increasingly large thefts by criminals who have leveraged the speed and anonymity of hacking ... Full Story

SAP awards hefty option boost to executives, plans 5 percent dividend rise

Tuesday March 29, 2016    4:42 PM

FRANKFURT (Reuters) - Business planning software giant SAP hiked the long-term stock options awarded to senior executives in 2015 while the company's board recommended a 5 percent rise in its annual dividend, according to company documents published on Tuesday. SAP re ... Full Story

FBI unlocks iPhone of attacker, ending Apple battle

Monday March 28, 2016    5:42 PM

Apple, backed by a broad coalition of technology giants like Google and Facebook, was fiercely opposed to assisting the US government in unlocking the iPhone on grounds it would have wide-reaching implications on digital security and privacy.A key court hearing scheduled earlier this month to h ... Full Story

Apple says San Bernardino iPhone could affect NY case

Friday March 25, 2016    10:40 AM

-->New York (AFP) - Apple has said the US government's potential ability to unlock a phone used by one of the San Bernardino killers means the company may not have to provide help in a similar case in New York.The tech giant wrote a letter to a federal court in Brooklyn on Thursday, setting o ... Full Story

After a year, Carnegie Mellon and Uber research initiative is stalled

Monday March 21, 2016    11:53 AM

SAN FRANCISCO (Reuters) - More than a year after Uber announced a research pact with Carnegie Mellon University - and then hired away four of the institution's faculty and 36 researchers and technicians - the ride-hailing company and university have not collaborated on a single pro ... Full Story

Exclusive: Lyft drivers, if employees, owed millions more - court documents

Sunday March 20, 2016    9:46 PM

SAN FRANCISCO (Reuters) - Drivers who worked for ride-hailing service Lyft in California during the past four years would have been entitled to an estimated $126 million in expense reimbursements had they been employees rather than contractors, court documents show. Lyft ... Full Story
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