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Ericcson Re-commits Focus On Mobile Networks

June 28, 2017 by   | Category: Mobile

Ericsson has decided to squash its goal of winning more clients beyond the telecoms industry to refocus on selling networks to mobile phone firms in a move to cut costs and halt a dramatic fall in its share price. The Swedish firm’s clients in its core business include Vodafone and Verizon but profits have plunged due to competition from Nokia and China’s Huawei and as telecoms companies make savings. Its shares have fallen 30 percent in two years. Ericsson said in 2014 it would diversify... 

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Western Digital Re-submits 11th Hour Bid For Toshiba’s Chip Unit

June 28, 2017 by   | Category: Consumer Electronics
Western Digital Re-submits 11th Hour Bid For Toshiba’s Chip Unit

Western Digital Corp and U.S. private equity firm KKR & Co LP have resubmitted an offer for Toshiba Corp’s  flash memory chip unit, in an eleventh hour effort to stop the conglomerate from signing a deal with its preferred bidder. Western Digital, which jointly runs Toshiba’s main semiconductor plant, has been at loggerheads with its Japanese partner over the sale of the world’s No. 2 producer of NAND chips, and is seeking a U.S. court injunction to prevent any deal that does... 

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Volvo Enlists Nvidia For Self-driving Car Technology

June 28, 2017 by   | Category: Around The Net
Volvo Enlists Nvidia For Self-driving Car Technology

Volvo Cars and Swedish car safety supplier Autoliv have team up with U.S. firm Nvidia Corp, best known for its graphics technology in computer games, to develop software systems for self-driving cars. A joint venture between Volvo, owned by China’s Zhejiang Geely Holdings, and Autoliv will work with NVIDIA to develop systems that use artificial intelligence to recognize objects around vehicles, anticipate threats and navigate safely. The venture set up last year, called Zenuity, will provide... 

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Australia Wants More Access To Encrypted Messages

June 27, 2017 by   | Category: Around The Net
Australia Wants More Access To Encrypted Messages

Australia has announce that it will seek greater powers to tackle the use of encrypted messaging services used by terrorists and criminals at an upcoming meeting of ministers from the “Five Eyes” intelligence network. The United States, United Kingdom, Canada, Australia, and New Zealand, will meet in the Canadian city of Ottawa next week, where they will discuss tactics to combat terrorism and border protection, two senior Australian ministers said. Australia has made it clear it wants... 

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Anthem Agrees To Pay $115M Over Data Breach

June 27, 2017 by   | Category: Around The Net
Anthem Agrees To Pay $115M Over Data Breach

Anthem, the behemoth health insurance company, has agreed to settle a class action lawsuit over a 2015 data breach for a record $115 million. The settlement still has to be approved by US District Court Judge Lucy Koh, who is scheduled to hear the case on August 17 in San Jose, California. And Anthem isn’t admitting any wrongdoing or that “any individuals were harmed as a result of the cyberattack.” “Nevertheless, we are pleased to be putting this litigation behind us, and... 

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Facebook Looks To Enter Original Content TV Market

June 27, 2017 by   | Category: Around The Net
Facebook Looks To Enter Original Content TV Market

Facebook Inc is holding discussions with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, according to the Wall Street Journal. The social networking giant has indicated that it was willing to commit to production budgets as high as $3 million per episode, in meetings with Hollywood talent agencies, the Journal reported, citing people familiar with the matter. Facebook is hoping to target audiences from ages 13 to 34, with... 

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Amazon Files Patent For ‘Drone Towers’ Delivery Facility

June 26, 2017 by   | Category: Around The Net
Amazon Files Patent For ‘Drone Towers’ Delivery Facility

One can argue that Amazon has some lofty ideas for drone delivery. The e-commerce giant has filed a patent application for a “multi-level fulfillment center” that would allow drones to deliver packages in urban areas. Basically, it sounds like a giant robot-powered tower that would make it easy for drones to zip in and out as they deliver packages around a city. There’s a “growing need and desire to locate fulfillment centers within cities, such as in downtown districts... 

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Will Tesla Be Next To Join The Already Crowded Music Streaming Business?

June 26, 2017 by   | Category: Around The Net
Will Tesla Be Next To Join The Already Crowded Music Streaming Business?

Move over, Spotify. Eat it, Apple. Later, Tidal. Tesla wants to join the club. That’s at least the latest from Recode, which cites music industry sources saying Tesla has held talks with all the major labels about licensing for a proprietary music streaming service. What isn’t clear is when and if Tesla will rev this effort up, so to speak, or how broad it will be. Will this be just for its cars or for anyone with a phone? Tesla, in a statement, didn’t address the rumor directly,... 

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Honeywell’s JetWave System Aims To Lessen Flight Turbulence

June 26, 2017 by   | Category: Around The Net
Honeywell’s JetWave System Aims To Lessen Flight Turbulence

Turbulence may become a thing of the past if Honeywell is successful in its bid to get rid of it. Best known for making smart home products, Honeywell also works in avionics, and it’s showing off its new JetWave system for faster in-flight Wi-Fi and its vision for the connected aircraft. While faster Wi-Fi means better video streaming and FaceTime chats for passengers, it could also be beneficial to pilots, who now have reliable connectivity and access to real-time weather data. That connection... 

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Pokemon Go New Features Aims To Thwart Cheaters

June 23, 2017 by   | Category: Gaming
Pokemon Go New Features Aims To Thwart Cheaters

Niantic, the developer behind the wildly popular Pokemon Go game, has announced new features to help curb cheating in the game. “Pokemon caught using third-party services that circumvent normal gameplay will appear marked with a slash in the inventory and may not behave as expected,” the company explained on the Silph Road subreddit. While Niantic was not specific in the post about which third-party services are being targeted, tools such as GPS fakers that artificially place you in... 

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Virgin Mobile Dropping Android Phones, Focusing On iPhones Only

June 23, 2017 by   | Category: Mobile
Virgin Mobile Dropping Android Phones, Focusing On iPhones Only

Virgin, one of the prepaid providers of Sprint, announced at an event in San Francisco that it would cease to sell Android phones and exclusively focus on iPhones. To sweeten the deal, Virgin said the first year of unlimited talk, text messages and data will cost $1, and customers will get perks like a free companion ticket for a round-trip flight to the UK on Virgin Atlantic. The service, dubbed Inner Circle, begins next Tuesday, but preorders are being accepted immediately. The move marks a radical... 

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Nissan-Renault Planning Driverless Ride-hailing Service

June 23, 2017 by   | Category: Around The Net
Nissan-Renault Planning Driverless Ride-hailing Service

The Nissan Motor Co Ltd and Renault SA alliance plan to launch driverless ride-hailing and ride-sharing services in coming years, as the car makers place their focus beyond making and selling cars to survive an industry being quickly transformed by new services. Automakers are leveraging expertise in automated driving functions for mass-market cars to develop mobility services, as they compete with tech firms such as Alphabet Inc and Uber Technologies Inc  in the fast-growing “pay-per-ride”... 

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Electronics Makers Scrambling For Memory Chips As iPhone 8 Looms

June 22, 2017 by   | Category: Mobile
Electronics Makers Scrambling For Memory Chips As iPhone 8 Looms

Global electronics makers are making a last dash to secure a stock memory chips to keep production lines running as Apple Inc’s  new iPhone 8 launch later this year threatens to worsen a global squeeze on supply. While heavyweights such as Apple and Samsung Electronics Co Ltd- which is also the world’s top memory chip maker – will not be seriously hit, industry sources and analysts say some electronics makers are paying a premium to lock into longer-term contracts. Others are... 

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Uber Reverses Course, Adds Tipping Feature To App

June 22, 2017 by   | Category: Around The Net
Uber Reverses Course, Adds Tipping Feature To App

Uber has finally decided to allow drivers to collect tips through its smartphone app, an about-face from previous company policy, as part of the ride-services firm’s broader effort to improve an often-contentious relationship. San Francisco-based Uber Technologies Inc had for years opposed adding a tipping feature to its app despite drivers’ arguments the extra money would help compensate for decreasing wages. The issue had been a longstanding source of disagreement between Uber and... 

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Honda Factory Hit By WannaCry Ransomware

June 22, 2017 by   | Category: Around The Net
Honda Factory Hit By WannaCry Ransomware

Honda Motor Co confirmed that it halted production at a domestic vehicle plant for a day this week after finding the WannaCry ransomware that struck globally last month in its computer network. The automaker shut production on Monday at its Sayama plant, northwest of Tokyo, which produces models including the Accord sedan, Odyssey Minivan and Step Wagon compact multipurpose vehicle and has a daily output of around 1,000 vehicles. Honda discovered on Sunday that the virus had affected networks across... 

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