Facebook to launch new video chatting devices in 2019 Autumn

The chat devices fits snugly into Facebook’s focus towards private messaging by encryption of conversations on more of its messaging services. In the autumn of 2019, Facebook Inc plans to release new versions of its Portal video chatting devices, said Andrew Bosworth, Facebook’s vice president of AR/VR, in an interview at the Code Conference in…

deal,

FCA partners with silicon valley startup Aurora for creating autonomous platforms

Tech companies are increasing going up the value chain for automakers. This partnership is the latest example of this strategic tie-up. In a development that marks the latest collaboration between Silicon Valley and automakers, Aurora, a self-driving car software startup stated it will be partnering with Fiat Chrysler to build autonomous platforms for commercial vehicles.…

Samsung Electronics prunes production midst falling market share in China

Samsung’s Chinese rivals have increased their respective market share at Samsung’s expense. South Korea’s Samsung Electronics Co Ltd stated it plans on pruning the production of its smartphones in China following a fall in market share. Domestic Chinese rivals have squeezed its share in China to less than 1%. The plan to reduce the output…

Digital Colony raises $4.05 billion for digital infrastructure fund

The development is significant since typically buyout funds focus on physically infrastructure. In contrast Digital Colony’s fund illustrates how investors are now seeking assets that support the digital economy. According to sources familiar with the matter at hand, private equity firm Digital Colony, which has the backing of U.S. real estate investor Thomas Barrack, has…

Google faces privacy woes stemming from data handling for its online ad business

Google online ad business faces strong risks of non-compliance to EU’s GDPR. In a development that marks a heightening of Google’s privacy woes, privacy campaigners have filed complaints to data protection regulators in France, Germany and seven other EU countries over the way Google handles data in its online advertising business. Last month, complaints filed…