Announcement about working on a new way for mobile phones to transfer large amounts of data without using wires or WiFi connections is expected to be made by a startup backed by Tony Fadell, one of the fathers of the Apple iPod. Samsung Electronics Co Ltd, Foxconn parent Hon Hai Precision Industry Co Ltd and…
The Australian government seeks to empower its financial intelligence watchdog with investigative and enforcement powers. Australia has proposed enabling stronger money laundering laws, including bringing bitcoin providers under the jurisdiction of the its financial intelligence unit, following yet another fresh scandal at one of its biggest banks. The Australian has stated it would table a…
Swiss hearing aid giant Sonova tries to recapture the lead in hearing aid market with the launch of its direct streaming audio hearing aid devices. On Thursday,Swiss-based Sonova launched a new hearing aid that streams audio directly from wireless mobile devices. The launch closes the gap to its Danish peers who have pioneered a similar…
While Hyundai Motor has focussed on fuel cell technology, its peers including Tesla, have surged ahead in battery technology. On Thursday, Hyundai Motor Co disclosed it would be launching a long-range electric vehicle featuring a driving range of at least 311 miles (500 km) per charge after 2021. The annoucement is aimed at addressing investor…
It would appear that the talks were annulled midst a series of complaints over the usage of spyware developed by the NSO Group and how these would reflect on Blackstone. According to sources familiar with the matter at hand, the Blackstone Group has pulled out of advanced talks to acquire a stake in Israel’s NSO…
The brief urges the U.S. Supreme Court to side with the digital rights of citizens against intrusive governments breaches of privacy. More than a dozen technology companies along with Verizon Communications Inc, the biggest wireless operator in the U.S., have called on the U.S. Supreme Court to formulate rules that will make it harder for…
Can you imagine where the soon to be world’s largest data center would be situated – a small town in the remote north of the Arctic Circle is set to be its home. With the aim of eventually drawing on a record-setting 1000 megawatts of power, the Kolos facility is being developed by a US-Norwegian…
While it has provided limited info, there will be more clarity on the issue once it files its quarterly returns. In response to questions from the U.S. Securities and Exchange Commission, Qualcomm Inc has disclosed further details on the impact of its ongoing dispute with Apple Inc. As part of its response Qualcomm stated, revenues…
Finally a President who can stand up to China’s suspicious trade policies. In a significant development with long term inpact, U.S. President Donald Trump has authorized an inquiry into China’s alleged theft of intellectual property, in what has been described as a first step towards mitigating the trade imbalance between the two nations. With China…
Based on growing optimism that faster transaction times will hasten the spread of the cryptocurrency, bitcoin soared past $4,000 for the first time. After a plan to quicken trade execution by moving some data off the main network was activated last week, noting a gain of nearly 17 percent since Friday, the largest digital tender…
