Despite its launch, Huawei is continuing to stick to Android to support its app developers. Without apps there will not be a market for its OS. On Friday, Huawei Technologies launched its proprietary operating system for smartphones and other devices. Following continued theft of U.S. intellectual property, in May 2019 the U.S. had imposed curbs…
Cell therapy developer BlueRock Therapeutics would be taken over via complete control by German drugmaker Bayer according to a deal worth up to $600 million. According to analysts, this investment move by Bayer is aimed to strengthen its position in a new and promising medical area as well as to develop its pipeline of medicines…
Information about Amazon’s voice activated virtual assistant Alexa has been sought from the company by the privacy regulators of Luxembourg which clearly indicates there are increasing concerns among the regulators about how the company makes us eof personal data of users – especially voice data. Politicians and privacy enforcers are now getting incerasingly concerned about…
Salesforce sees synergy in the deal as it would help it accelerate the growth of its Service Cloud platform. On Thursday, U.S. cloud-based service provider Salesforce stated, it has signed an agreement to acquire ClickSoftware, an Israeli software developer, for $1.35 billion in cash and shares. The acquisition of ClickSoftware, which makes cloud-based field service…
The development revolves around a highly invasive technology called Mobile Device Management. On Thursday, antitrust authorities in Russia disclosed, they have begun investigating Apple Inc following a complaint from cybersecurity firm Kaspersky Lab that Cupertino may be abusing its dominant market position. Russia’s FAS stated it was investigating why a new version of Kaspersky Lab’s…
Although Intel’s server chips will be launched next year, industry experts opine that machine learning features along with better memory management techniques could provide Intel the edge. Having said that, competition in the server chip space is always good since it lowers cost and improves efficiency. On Thursday, Advanced Micro Devices Inc stated, following the…
Brazil’s second-hand car market is booming and Volanty’s latest funding is proof of that. On Thursday, Volanty, a digital used car portal in Brazil stated, it has received a funding of $17.6 million (70 million reais) from a consortium of venture capital funds led by Japan’s SoftBank and Kaszek of Argentina. The development comes in…
The material, EUV photoresists, is crucial for chip production. On Thursday, South Korean Prime Minister Lee Nak-yon stated, Japan has approved the export of a high-tech material to South Korea. This is the first such export since Japan tightened the exports of high-tech materials used in the making of displays and chips. Japan has approved…
The $10 billion deal could be announced later today. On Thursday, sources familiar with the matter at hand stated, Broadcom Inc is in advanced talks to acquire Symantec Corp’s enterprise business. Sources have cautioned that it is possible that a deal may be reached by the time Symantec announces its earnings. Negotiations could also last…
The plans of Japanese auto manufacturer of developing a range of useful service robots that can assist people in everyday life will get help from a firm specializing in artificial intelligence (AI) Preferred Networks, a Japanese company founded in 2014, is being roped in by the auto maker to help it in areas such as…
