Google’s AI program just beat the master of the world’s most sophisticated board game — twice May 30, 2017
Comeback kid? A 65% surge this year suggests investors are warming up to BlackBerry’s turnaround strategy May 30, 2017
IBM says Watson AI services will now work on any cloud IBM Corp announced on Tuesday that some of its Watson artificial intelligence services will now work on rival cloud computing providers as it seeks to win over customers that want greater flexibility in how they store and analyze data. The announcement builds on IBM’s moves to position its services as compatible with nearly any form of computer infrastructure a customer … Read More
Exclusive: Walmart, Google-backed Deliv end online grocery partnership Walmart Inc and logistics firm Deliv pulled the plug on a key same-day grocery delivery partnership, dealing a setback in the retailer’s race against rival Amazon.com Inc to deliver groceries to customers’ homes. The world’s largest retailer began bolstering its partnerships with third-party courier firms to reach consumers in 100 U.S. cities last year, after failing to use Uber and … Read More
Snap shares soar as Android app shows promise Shares of Snap Inc rose 26 percent on Wednesday, after the maker of Snapchat messaging app arrested a fall in users on Apple devices and drew a series of favorable reviews from analysts for its progress with a new Android app. Snap faced criticism last year for a botched-up redesign of its messaging app and millions of users left the … Read More
Two Huawei staff expelled from Denmark after work permit inspection Danish authorities have expelled two Huawei Technologies staff after an inspection at the company’s Copenhagen office showed they failed to comply with laws covering residence and work permits, police said on Monday. Police said the inspection of Chinese company’s Copenhagen office was part of a “routine investigation” done by authorities at locations with many foreign workers. Four Huawei staff were … Read More
Tesla to buy battery tech maker Maxwell Technologies for $218 million (Reuters) – Tesla Inc has agreed to buy energy storage company Maxwell Technologies Inc for $218 million in an all-stock deal that could help the electric car maker produce batteries that hold more energy and last longer at a time when it needs to cut costs and faces growing competition. Tesla is rapidly increasing production of its Model 3 sedan … Read More
Ultimate Software agrees to $11 billion buyout by investor group (Reuters) – Ultimate Software Group Inc, a cloud-based human resources applications developer, said on Monday it agreed to be bought by an investor group led by private equity firm Hellman & Friedman for about $11 billion. The $331.50 per share all-cash offer is at a premium of 19 percent to the HR software provider’s closing share price on Friday. The … Read More
New e-commerce rules jolt Amazon.com in India as products vanish NEW DELHI/MUMBAI (Reuters) – India’s revised e-commerce rules caused widespread disruption on Amazon’s India website when they kicked in on Friday, forcing the company to take down its key grocery service and remove a wide range of products such as sunglasses and floor cleaners. The products began to disappear from Amazon India late on Thursday as it began complying with … Read More
Exclusive: Mobile network operator’s body GSMA considers crisis meeting over Huawei PARIS/FRANKFURT (Reuters) – Mobile communications industry body GSMA has proposed a crisis meeting to discuss a plan to ban Huawei 5G equipment being considered by the European Union amid mounting industry concerns that such a move could set operators back by years. The European Commission is weighing a de-facto ban on Huawei’s 5G network equipment for next-generation mobile networks due … Read More
Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger: NYT (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps, the New York Times reported on Friday. The three services will, however, continue as stand-alone apps, the report said, citing four people involved in the effort. Facebook said it … Read More
China and U.S. among 76 WTO members pushing for new e-commerce rules DAVOS, Switzerland (Reuters) – Impatient with a lack of World Trade Organization rules on the explosive growth of e-commerce, 76 members – including the United States, China, the European Union and Japan – agreed on Friday to start negotiating a new framework. China, which is locked in a trade war with the United States, signaled conditional support for the initiative … Read More