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- Digital media company Technicolor explores options including sale: sources
Fri, 16 Nov 2018 15:11:09 -0500
Technicolor SA has been exploring options that include a full or partial sale of the French digital media company, as its set-top box business struggles because of higher prices for memory chips, people familiar with the matter said on Friday.
- Google Cloud names Thomas Kurian to replace CEO Diane Greene
Fri, 16 Nov 2018 14:13:38 -0500
Former Oracle Corp product chief Thomas Kurian will replace Diane Greene as head of the cloud division at Alphabet Inc's Google in the coming weeks, Greene announced in a blog post on Friday, after a tumultuous year for the business.
- Alphabet's life sciences unit halts glucose-sensing lens project
Fri, 16 Nov 2018 14:07:11 -0500
Verily, Alphabet Inc's life sciences division, is putting on hold one of its oldest and high-profile projects, a smart lens to help monitor sugar levels.
- U.S. regulator settles with tech startups over token sale violations
Fri, 16 Nov 2018 14:03:46 -0500
The U.S. Securities and Exchange Commission settled charges on Friday with two technology companies for improperly offering digital tokens, mandating that they register their offerings as securities and reimburse investors.
- U.S. Senate bill vows to get tough on robocalls, up penalties
Fri, 16 Nov 2018 13:12:54 -0500
Two U.S. senators on Friday unveiled bipartisan legislation to toughen penalties on robocalls, make it easier for regulators to crack down on unwanted calls and compel mobile phone providers to adopt call authentication technologies.
- VW embarks on $50 billion electrification plan
Fri, 16 Nov 2018 12:39:02 -0500
Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.
- Europe 5G network buildout to trigger deals, won't bust capex budgets
Fri, 16 Nov 2018 12:22:43 -0500
The launch of fifth-generation mobile services across Europe looks set to trigger a wave of infrastructure deals as telecoms companies seek ways to upgrade their networks without busting their strained capital budgets.
- Tesla starts taking Model 3 orders in China
Fri, 16 Nov 2018 11:59:17 -0500
Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), according to the electric carmaker's China website https://www.tesla.cn/model3/reserve.
- The egos disbanded? Bridging the great advertising divide
Fri, 16 Nov 2018 10:30:50 -0500
Traditional advertising groups hope that their creative flair will prevail against the technological clout of consultancies encroaching on their business, but there are signs the two sides of the divide are moving closer together.
- Volkswagen expects to be the most profitable maker of electric cars
Fri, 16 Nov 2018 10:07:54 -0500
Volkswagen Chief Executive Herbert Diess on Friday said he expected the multi-brand carmaking group to be the most profitable manufacturer of electric cars thanks to economies of scale.
- European chipmakers see new growth drivers to weather volatile demand
Fri, 16 Nov 2018 09:32:44 -0500
European chipmakers tried to play down market concerns about a potential slowdown in global demand at an investor conference in Barcelona this week, striking an upbeat tone on orders from car and smartphone makers.
- VW says could build up to 15 million electric cars
Fri, 16 Nov 2018 08:42:20 -0500
Volkswagen could build up to 15 million electric cars over several years on its new electric vehicle production platform, the company said on Friday, adding that its Chief Executive Herbert Diess had misspoken in an interview on Monday.
- Volkswagen to spend 44 billion euros on electric, autonomous cars by 2023
Fri, 16 Nov 2018 08:42:03 -0500
Volkswagen on Friday said it will spend 44 billion euros on electric cars, digitalization, autonomous driving and new mobility services by 2023 as part of a push by Europe's largest carmaker to mass produce electric cars.
- Supply glut mars Turing effect for Nvidia shares
Fri, 16 Nov 2018 08:21:15 -0500
Worries about how fast the computing world will transition to Nvidia Corp's next generation "Turing" graphic chips helped knock 20 percent off the value of its shares on Friday, after results pointed to a huge glut of unsold older generation chips.
- 'Crypto hangover' hammers Nvidia's outlook, shares drop 17 percent
Fri, 16 Nov 2018 08:10:33 -0500
Chip designer Nvidia Corp on Thursday forecast disappointing sales for the holiday quarter, pinning the blame on unsold chips piling up with distributors and retailers after the evaporation of the cryptocurrency mining boom.
- BlackBerry to buy cybersecurity firm Cylance for $1.4 billion
Fri, 16 Nov 2018 07:47:54 -0500
BlackBerry Ltd raised its bets on artificial intelligence and cybersecurity on Friday with the $1.4 billion purchase of California-based machine-learning specialists Cylance.
- T-Mobile says Sprint deal may close as early as first-quarter next year
Fri, 16 Nov 2018 06:32:44 -0500
T-Mobile US Inc's Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp will close as early as the first quarter of 2019.
- EU executive poised to propose tariffs on Chinese e-bikes
Fri, 16 Nov 2018 06:05:56 -0500
The European Commission is set to propose final duties to curb cheap imports of Chinese electric bicycles that European producers say are benefiting from unfair subsidies and flooding the European Union market.
- India's Flipkart Group fashion unit chief denies he is quitting
Fri, 16 Nov 2018 05:01:59 -0500
The chief of Flipkart Group's Myntra-Jabong fashion business on Friday denied a media report that he will quit after a reshuffle in the ranks following the ouster of group CEO Binny Bansal.
- France hopes to lure crypto-issuers with Gallic stamp of approval
Fri, 16 Nov 2018 04:03:57 -0500
With hundreds of cryptocurrencies being issued every month, countries face a choice: ban them, leave them unregulated, or come up with rules to tame them.