McNeill’s ability to nurture and bring a startup to scale will be beneficial for Lyft as it continues to grow and expand in the coming years. Lyft disclosed it has hired Jon McNeill, a former president of global sales and service at Tesla, as its chief operating officer and noted McNeill’s ability and experience of…
Faster analysis of relationships between large sets of data is possible to be done with quantum computers compared to classical computers according to a study by an international team. Also, the analysis is now possible for a wider range of data types than was expected earlier. A “quantum linear system algorithm” was proposed by a…
Two government led studies in the U.S. have indicated that there is very little health risk, if at all, from the use of cellphones on humans. One of the studies was done on rats and the other on mice. Even as cell phones have turned out to be an integral part of the life of…
Apple’s strategy is aimed at strengthening bonds with local Chinese suppliers and government bodies. Despite facing strong headwinds from China’s business practices, Apple is pushing to make headway with its CEO visiting the country frequently in recent times. With Apple Inc pushing to make headway in China, the world’s second largest economy, it boosted its…
Eyeing booming demand for chips, especially for servers, Samsung has begun investing in a second production facility at Pyeongtaek; it first chip production line at Pyeongtaek began mass production in July 2017. On Wednesday, South Korean news agency Yonhap reported, Samsung Electronics Co has begun investing in a second memory plant at its Pyeongtaek production…
The compelling offer will notch up pressure on Qualcomm to take a tough decision. Adding to that pressure is Qualcomm’s return of investment to shareholders of -7% against a semiconductor index return of 106%. In what could be the biggest acquisition in the tech sector, Broadcom Ltd has put forward a $121 billion “best and…
In the first of its kind Seattle’s election authority has pulled up tech firms, under a 1977 law that requires companies, that sell election advertising, to maintain and make public records showing the names of those who bought the advertisement space, the quantum of the payments as well as the “exact nature and extent of…
While legacy train designs have proven themselves in the past, smarter, newer LNG terminals are likely to change the market dynamics and bring in more elasticity and adaptability to contracts in changing market conditions in the near future. Terminals for liquefied natural gas that ship and receive the fuel are undergoing a technological revolution. The…
Dublin’s tech-enabled talent pool, tax incentives, and international outlook are a major draw for global firms. On Monday, Stripe, a U.S. payments firm, disclosed it would place its first engineering center in Dublin. The placement marks its first center outside its home market and underscores its strategy of wanting to tap Ireland’s growing tech-enabled workforce.…
Chips that are specifically designed to harvest crypto-currency coins is being developed by Samsung Electronics, the company has revealed. This chip manufacturing would enhance its profits, the company disclosed in the latest earnings report of the company. Intel was overtaken be the South Korean electronics giant as the largest chipmaker in 2017, according to that…
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