Technology News

Toshiba to pick government-led Japan-U.S.-Korea group to buy chips unit-source

TOKYO Embattled Toshiba Corp (6502.T) will pick a Japanese government-led group of Japanese, U.S. and South Korean firms and funds to buy the conglomerate's semiconductor business, two people briefed on the matter said on Tuesday.The consortium, whose bid clears Toshiba's 2 trillion yen ($18 billion) minimum, has been seen as one of the strongest suitors for the unit - the world's No. 2 producer of NAND chips - ...

20 Jun 4:19 PM 0 Read More...

Apple tells court Qualcomm chip licenses are invalid

Apple Inc broadened a legal attack on Qualcomm Inc, arguing to a U.S. federal court that license agreements that secure the chip maker a cut of every iPhone manufactured were invalid.If successful, Apple's attack would undermine a core tenet of Qualcomm's business model.Apple sued San Diego-based Qualcomm in January, saying the chip maker improperly withheld $1 billion in rebates because Apple helped Korean regul...

20 Jun 12:02 PM 0 Read More...

Samsung Electronics plans Galaxy Note 8 launch event for August: source

SEOUL Tech giant Samsung Electronics Co Ltd (005930.KS) plans to hold a launch event in New York City for its next Galaxy Note smartphone in the second half of August, a person familiar with the matter told Reuters on Tuesday.The person, who was not authorized to speak publicly on the matter and so declined to be identified, said the Galaxy Note 8 will sport a curved screen that is marginally larger than the 6.2-...

20 Jun 8:49 AM 0 Read More...

Japan government-led group tells Toshiba to fix chip spat with Western Digital: sources

TOKYO/SEOUL A Japanese government-led consortium has told Toshiba Corp it needs to resolve its legal dispute with Western Digital Corp before it will invest in the firm's chip unit, sources briefed on the matter said.The consortium is seen as one of the strongest suitors for the unit - the world's No. 2 producer of NAND chips - as it would automatically have the government's stamp of approval, but it is worried a...

20 Jun 8:48 AM 0 Read More...

Continental joins BMW, Intel, Mobileye platform for self-driving cars

BERLIN Continental (CONG.DE) said on Tuesday it would join a self-driving platform developed by BMW (BMWG.DE), Intel (INTC.O) and Mobileye (MBLY.N) with the German auto parts and tire maker handling integration of components and software.The costs to integrate hardware, software and data and the accelerating pace of development of self-driving vehicles has sparked a growing number of alliances between automakers a...

20 Jun 8:10 AM 0 Read More...

Tech CEOs meet with Trump on government overhaul

WASHINGTON President Donald Trump met on Monday with the heads of 18 U.S. technology companies including Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O), seeking their help to make the government's computing systems more efficient. The White House wants to update government information technology systems, cut costs, eliminate waste and improve service. Trump on Monday cited estimates that ...

20 Jun 1:03 AM 0 Read More...

Blue Apron launches IPO roadshow under shadow of Amazon's Whole Foods deal

Blue Apron Holdings Inc began marketing an initial public offering (IPO) on Monday, as an already competitive meal-kit industry faces a potential threat from Amazon.com Inc's plan to buy Whole Foods Market Inc.Blue Apron's up to $510 million IPO will test whether the growth seen by the meal-kit industry's greatest players will continue to whet investor appetite, even as costs to acquire new customers mount and po...

19 Jun 11:31 PM 0 Read More...

Tesla driver in fatal 'Autopilot' crash got numerous warnings - U.S. government

WASHINGTON A man killed in a crash last year while using the semi-autonomous driving system on his Tesla Model S sedan kept his hands off the wheel for extended periods of time despite repeated automated warnings not to do so, a U.S. government report said on Monday The National Transportation Safety Board (NTSB) released 500 pages of findings into the May 2016 death of Joshua Brown, a former Navy SEAL, near W...

19 Jun 10:52 PM 0 Read More...

Accenture, Microsoft team up on blockchain-based digital ID network

NEW YORK Accenture Plc and Microsoft Corp are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents.The companies unveiled a prototype of the network on Monday at the UN headquarters in New York during the second summit of ID2020, a public-private consortium prom...

19 Jun 4:33 PM 0 Read More...

Silicon Valley giants outrank many nations, says first 'techplomat'

COPENHAGEN The top firms in California's Silicon Valley carry more weight on the global stage than many countries, which makes building diplomatic relations with them increasingly important, the world's first national technology ambassador said.Chosen to fill what his country's foreign ministry has dubbed the first "techplomacy" posting on the U.S. West Coast, Denmark's Casper Klynge will be tasked with building ...

19 Jun 10:43 AM 0 Read More...