Online platforms should be held responsible for social media content: IBM

IBM has proposed changes to Section 230 of the Communications Decency Act (CDA 230). If its proposals are incorporated into law, they will materially impact social media companies including Facebook, Facebook’s WhatsApp and Instagram as well as Alphabet Inc’s YouTube, to name a few. In a significant development, International Business Machines (IBM) Corp has proposed…

5 Japanese automakers join SoftBank-Toyota’s self-driving car JV

The development is significant since it marks an acceleration in the banding of automakers in an industry which is placing growing emphasis on offering vehicle services rather than selling cars to individual drivers. On Friday, five Japanese automakers including Mazda Motor Corp and Suzuki Motor Corp, stated they would be investing 2% of their revenues…

SoftBank to launch autonomous-enabling services in Japan in July 2019

SoftBank’s service will power a range of machineries including autonomous farm equipment to buses and drones. In a statement, Japan’s SoftBank Corp stated it will be launching a service in 2019 that will use satellite navigation data and the telco’s mobile base stations to help power self-driving buses, drones and farm machinery. SoftBank’s service will…

Fitbit Inc reports stellar first quarter results

The development underscores a rising demand for affordable wearables among consumers. In a development that signals a welcome break for wearable devices, wearable device maker Fitbit Inc reported better-than expected first-quarter results reaffirming its full-year revenue forecast. The wearable device maker was able to sell more smartwatches and wearable devices that track health at affordable…