(Reuters) – U.S. chipmaker Micron Technology Inc on Wednesday said it sees a recovery in the memory chip market coming and reported a quarterly profit that beat estimates as cost controls helped offset falling demand and prices, sending its shares… Continue Reading
Techno-optimist prognosticators will tell you that driverless trucks are just around the corner. They will also gently tell you—always gently—that yes, truck driving, a job that nearly 3.7 million Americans perform today is perhaps on the brink of extinction. At… Continue Reading
NEW YORK (Reuters) – Lyft Inc’s initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ride-hailing startup will fetch or even exceed the $23 billion valuation it is seeking,… Continue Reading
When it comes to data privacy, there’s more to security than changing passwords and encryption. You’re at risk if you do good by recycling computers and smartphones too. Research from security company Rapid7 shows that tech sold in secondhand shops… Continue Reading
FILE PHOTO: A 3D printed Android mascot Bugdroid is seen in front of a Google logo in this illustration taken July 9, 2017. REUTERS/Dado Ruvic/Illustration BRUSSELS (Reuters) – Alphabet’s Google will prompt Android users to choose their preferred browsers and… Continue Reading
Share to facebook Share to twitter Share to linkedin Jennifer Tejada, chief executive officer of PagerDuty Inc., speaks during the Fortune’s Most Powerful Women conference in Dana Point, California, U.S., on Wednesday, Oct. 3, 2018. The conference brings together leading… Continue Reading
(Reuters) – U.S. federal prosecutors are conducting a criminal investigation into data deals Facebook Inc struck with some of the world’s largest technology companies, the New York Times reported on Wednesday. A grand jury in New York has subpoenaed records… Continue Reading
(Reuters) – Instagram is back up after suffering a partial outage for over several hours, the photo-sharing social network platform said in a tweet, but its parent Facebook Inc’s app still seemed to be down for some users across the… Continue Reading
When an Ethiopian Airlines Boeing 737 MAX 8 jet crashed shortly after takeoff from Addis Ababa on Sunday morning, killing all 157 people aboard, observers quickly noted that the circumstances resembled those of another flight. In October, Lion Air Flight… Continue Reading
Elon Musk will not go quietly. On Monday night, lawyers representing the Tesla CEO submitted a filing to a federal judge in New York arguing that she should deny the Securities and Exchange Commission’s request to hold Musk in contempt… Continue Reading
On Sunday, the DNA testing company 23andMe revealed a new genetic analysis that it says will tell its customers if they have an elevated risk of developing the most common, and preventable, form of diabetes. The report—which has not been… Continue Reading
[unable to retrieve full-text content]It’s the latest health report developed from the reams of data the DNA company has collected over the years.
By this point, you’ve hopefully gotten the message that your personal data can end up exposed in all sorts of unexpected internet backwaters. But increased awareness hasn’t slowed the problem. In fact, it’s only grown bigger—and more confounding. Last week,… Continue Reading
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc will close all of its U.S. pop-up stores and focus instead on opening more book… Continue Reading
LONDON (Reuters) – British foreign minister Jeremy Hunt will set out on Thursday a “doctrine of deterrence”, including economic and diplomatic counter-measures, to prevent cyberattacks that threaten to turn elections into “tainted exercises”. Britain’s Foreign Secretary Jeremy Hunt is seen… Continue Reading
(Reuters) – Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday. FILE PHOTO: National Transportation Safety Board… Continue Reading
Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration (Reuters) – Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to… Continue Reading
Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. Frequent business flyers can be an insipid, self-regarding bunch. They watch the masses troop to the back of the plane, sip on… Continue Reading
It’s not a plan really, not a hidden secret message. It’s more of an expression of emotion. Maybe a realization of necessity. In fact, while the text Amazon posted on its blog on February 14 runs 363 words, the most important… Continue Reading
FILE PHOTO: German Finance Minister Olaf Scholz attends a media briefing during his visit to Beijing, China, January 17, 2019. REUTERS/Thomas Peter BERLIN (Reuters) – German Finance Minister Olaf Scholz plans to extend tax incentives for electric company cars, he… Continue Reading
The big dividend cut by CenturyLink (CTL) came as a surprise to some shareholders, but my previous research indicated that investors remain focused on free cash flows and EBITDA margins. Whether or not the company uses the cash flows to… Continue Reading
SAN FRANCISCO/NEW YORK (Reuters) – Lyft Inc will pitch investors on its fast growth in the United States as it seeks to beat out Uber Technologies Inc to become the first publicly listed ride-hailing company, according to people familiar with… Continue Reading
JAKARTA (Reuters) – Indonesian cryptocurrency traders are complaining that the government’s new rules on futures trading, which require high minimum capital for traders, will hinder development of the young but growing market. Use of cryptocurrencies as payment instrument is banned… Continue Reading
ALPHARETTA, Ga. (Reuters) – Jeff Leonard slides behind the wheel of his burgundy Hyundai Accord and heads to a nearby Walmart Inc store, where he picks up the package of groceries waiting for him. Jeff Leonard, a DoorDash driver, waits… Continue Reading
(Reuters) – Japanese map platform developer Dynamic Map Platform announced on Wednesday it plans to acquire Detroit-based map startup Ushr for up to $200 million in a bid to widen its geographical footprint in the burgeoning self driving cars market.… Continue Reading
Video has become an increasingly crucial tool for law enforcement, whether it comes from security cameras, police-worn body cameras, a bystander’s smartphone, or another source. But a combination of “deepfake” video manipulation technology and security issues that plague so many… Continue Reading
SAN FRANCISCO (Reuters) – A U.S. judge on Monday rejected a bid by two civil rights groups that had sought to force the release of documents describing a secret U.S. government effort to compel Facebook Inc to decrypt voice conversations… Continue Reading
I have too much respect for Elon Musk to think that he really believes that, because there’s not the slightest sign that we are anywhere close to that level of automated driving. Therefore I must very reluctantly conclude that he’s… Continue Reading
BANGKOK (Reuters) – Thailand on Friday launched a Huawei Technologies 5G test bed, even as the United States urges its allies to bar the Chinese telecoms giant from building next-generation mobile networks. FILE PHOTO: A Huawei 5G device is pictured… Continue Reading
Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. Anyone can have a bad day. How bad, though, does it have to be to justify what appears to have happened on… Continue Reading