Although this is Uber’s second such retreat from Southeast Asia, the deal suggests that Uber is taking a defensive positioning for a potential counter-offensive especially with its CEO Khosrowshahi gaining a foothold in Grab’s board. On Monday, in a move that marks Uber Technologies Inc’s second retreat from the Asian, the ride services firm has…
Facebook Inc has hired Matthew Henick, to lead its global video content strategy and planning, and has hired Mike Bidgoli to lead its Facebook Watch product team. Through a social media post Facebook Inc disclosed that it has hired the former head of BuzzFeed Studios to lead its global video content; it also said, it…
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…
XtalPi uses quantum physics, AI and cloud computing to improve drug design processes. China’s Tencent Holdings Ltd along with Sequoia Capital China and Alphabet Inc’s Google have joined a $15 million series B funding round for XtalPi Inc, a Boston and Shenzhen-based artificial intelligence (AI) pharmaceutical firm. A statement by Google and XtalPi confirmed that…
Analysts opine that consumers would largely prefer mid ranged priced smart speakers over one that costs hundreds of dollars. According to analysts, both Amazon.com and Alphabet Inc have heavily discounted their virtual assistant speakers during the U.S. holiday shopping season such that they have lost many dollars per speaker sold. The development underscores a sharp…
Google’s YouTube has made rapid gains in machine learning technology and said, 83% of violent extremist content is removed without the need for human intervention. Britain may impose new taxes on tech giants, including Facebook, Apple and Google, as it finds way to mitigate the threat of online extremism by taking down material aimed at…
Quayside is an upcoming waterfront project in Toronto’s Lake Ontario which Alphabet is developing as a smart city. Canada has contracted Alphabet Inc to plan a mixed-use development along Toronto’s Lake Ontario waterfront using smart urban design and cutting edge digital technologies. As per Sidewalk Labs, a unit of Alphabet which develops new technologies for…
A positive outcome of the talks could enable Lyft to ward off discussions on its IPO, slated for 2018, and could enable it to increase its footprint in the U.S. As per a source familiar with the matter at hand, Alphabet Inc is holding early talks with Lyft Inc regarding purchasing a stake in the…
Apple’s familiarity with its hardware and software is likely to give it an edge; in contrast the huge number of hardware and software Android runs on, is likely to be a major challenge for Google in delivering AR without special sensors. With Alphabet Inc’s Google and Apple unveiling tools to create augmented reality apps for…
Among other things – Google and Microsoft share a legacy of battling antitrust cases. Instead of doing the legal equivalent of the ostrich act, Google should recognize the signs and strategically change course. With the European Commission handing down an exemplary fine on Google, the search giant’s clash with antitrust enforcers in the EU has…
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