Date
26 August 2019

Tech

  • Apple will offer more cash rewards to researchers who detect security flaws in its products. Photo: Bloomberg

    Apple offers record ‘bounty’ to find iPhone security flaws

    Aug 9, 2019 9:25am
    Apple is offering cyber security researchers up to US$1 million to detect flaws in iPhones, the largest reward offered by a company to defend against hackers, Reuters reports. At the annual Black Hat security conference in...
  • Many Tesla owners said the software update limited the distance they can travel and forced them to recharge more frequently. Photo: AFP

    Lawsuit claims Tesla software update cut battery capacity

    Aug 9, 2019 9:16am
    A Tesla Inc. owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what plaintiffs...
  • Broadcom's push to software came after a failed attempt last year to buy mobile chipmaker Qualcomm for US$117 billion. Photo: Reuters

    Broadcom to buy Symantec enterprise unit for US$10.7 billion

    Aug 9, 2019 8:42am
    Chipmaker Broadcom Inc. said it will buy antivirus software maker Symantec Corp.’s enterprise security unit for US$10.7 billion in cash to scale up its software business through deals, Reuters reports. Shares of Symantec rose 3.6 percent...
  • Uber’s net loss, up from a loss of US$878 million a year earlier, reflected US$3.9 billion of stock-based compensation expenses related to its IPO earlier this year. Photo: Reuters

    Uber loses US$5 billion, misses Wall Street targets

    Aug 9, 2019 8:22am
    Uber Technologies Inc. reported a US$5.2 billion loss and revenue that fell short of Wall Street targets on Thursday as growth in its core ride-hailing business slowed, sending its shares down 6%. Uber’s net loss, up...
  • The court decision exposes Facebook to billions of dollars in potential damages to the Illinois users who brought the case. Photo: AFP

    Facebook loses facial recognition appeal, must face privacy suit

    Aug 9, 2019 8:02am
    A federal appeals court rejected Facebook Inc.’s effort to undo a class-action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent, Reuters reports. The 3-0 decision from the...
  • Apple is implementing changes to its mobile operating system to restrict a feature that messaging apps use to make voice calls over the internet. Photo: AFP

    Why Apple is curbing Facebook messaging apps

    - Aug 8, 2019 12:50pm
    Last month, it was reported that Apple had allowed contractors to listen to the responses of its virtual assistant Siri to users’ questions and commands for the purpose of improving the service. As to be expected,...
  • A file picture shows Lisa Su, president and CEO of Advanced Micro Devices, speaking during a keynote session at the 2019 Consumer Electronics Show in Las Vegas on Jan. 9, 2019. Photo: Bloomberg

    AMD lands Google, Twitter as customers with new server chip

    Aug 8, 2019 9:33am
    Advanced Micro Devices AMD) on Wednesday released the second generation of its processor chip for data centers and said that it had landed Google and Twitter as customers, Reuters reports. The company’s latest generation of server...
  • FedEx said it is looking to serve more companies, including Amazon rivals. Amazon accounted for less than 1.3 percent of FedEx's revenue last year. Photo: Reuters

    FedEx ends ground delivery partnership with Amazon

    Aug 8, 2019 9:02am
    FedEx Corp. has confirmed it will terminate its contract with Amazon.com Inc. for small-package ground deliveries, as the online retailer focuses on building out its own delivery network, Reuters reports. The move by the US package...
  • Huawei has filed a lawsuit against the US government ban on federal purchases of telecommunications equipment from five Chinese companies. Photo: Reuters

    US government contractors get first look at Huawei ban

    Aug 8, 2019 8:36am
    The US agency responsible for government contracts released an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, Reuters reports. The ban is part of a broad US...
  • Symantec last month walked away from negotiations to sell itself to Broadcom over price disagreements, Reuters has reported. Photo: Reuters

    Broadcom in talks to buy Symantec enterprise business: report

    Aug 8, 2019 8:23am
    Chipmaker Broadcom Inc. is in advanced talks to buy Symantec Corp.’s enterprise business, Reuters reports, citing people familiar with the matter. Both the companies could not be immediately reached for comment. The deal could be worth...
  • Samsung hopes the Galaxy Note 10 will appeal to YouTubers and fans of social media. Photo: Reuters

    Samsung’s new Note takes on Huawei with improved camera features

    Aug 8, 2019 8:18am
    Samsung has unveiled a new version of the Galaxy Note smartphone with fast 5G network connection and improved camera features, hoping the premium model helps it revive slumping profit and widen the gap with struggling rival...
  • SoftBank said its operating profit at Vision Fund rose 66 percent to 397.6 billion yen in the quarter to June. Photo: Bloomberg

    SoftBank Group profit beats estimates on Vision Fund gains

    Aug 7, 2019 3:38pm
    Japan’s SoftBank Group Corp. raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its US$100 billion Vision Fund, Reuters reports. The group’s results have been increasingly volatile as founder...
  • Strengthened partnership with Universal Music Group will put Tencent in a stronger position to expand its music business overseas through the JOOX brand. Photo: Bloomberg

    How Tencent is upping its music business

    - Aug 7, 2019 2:01pm
    Internet giant Tencent Holdings, which operates the WeChat super-app among various online offerings, has signaled its aim to further consolidate its position in China’s music-streaming market and fend off rivals. The tech behemoth, which took its Tencent Music...
  • Google had been accused of exploiting loopholes in Apple’s Safari and Microsoft’s Internet Explorer browsers to help advertisers bypass cookie blockers. Photo: Bloomberg

    US appeals court voids Google ‘cookie’ privacy settlement

    Aug 7, 2019 10:01am
    A US federal appeals court struck down Google’s class-action settlement meant to resolve claims it invaded the privacy of millions of computer users by installing “cookies” in their browsers, but paying those users nothing for their...
  • Twitter said the data it might have used include a person’s country code, their engagement details with a particular ad and inferences made about the devices they use. Photo: Bloomberg

    Twitter says it may have used data for ads without user consent

    Aug 7, 2019 9:47am
    Twitter Inc. said it may have used data for personalized ads without a user’s permission due to issues with the microblogging website’s settings, Reuters reports. The company said it recently discovered those issues and fixed them...
  • Apple’s move will force Facebook to redesign its Messenger and WhatsApp apps, The Information report said. Photo: AFP

    Apple to restrict Facebook’s messaging apps feature: report

    Aug 7, 2019 9:27am
    Apple Inc. is making a change to its mobile operating system that will restrict a feature that apps like Facebook Inc.’s Messenger and WhatsApp use to make voice calls over the internet, The Information reports. The...
  • With the card, Apple aims to draw in iPhone owners with 2 percent cash back on purchases with the Apple Pay service, no fees and an app to manage related finances. Photo: Reuters

    Apple, Goldman Sachs start issuing virtual credit cards

    Aug 7, 2019 8:37am
    Apple Inc. and Goldman Sachs Group Inc. rolled out a virtual credit card, which will help the iPhone maker diversify from device sales and also build out the Wall Street bank’s new consumer business, Reuters reports....
  • Disney CEO Bob Iger said the company was focused on integrating the Fox film and TV assets and using them with Disney’s businesses to move quickly into streaming video. Photo: Bloomberg

    Disney earnings miss forecasts on streaming media costs

    Aug 7, 2019 8:19am
    Walt Disney Co. reported a steeper earnings decline than Wall Street expected as the company poured money into its ambitious plunge into streaming media and began folding in assets purchased from Twenty-First Century Fox, Reuters reports....
  • Universal Music Group is the world's biggest music label whose artists include Taylor Swift (left) and Lady Gaga. Photo: Reuters

    Vivendi in talks to sell 10% of Universal Music Group to Tencent

    Aug 6, 2019 3:14pm
    Vivendi is in talks to sell a 10 percent stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech group Tencent Holdings (00700.HK), the French media conglomerate said on Tuesday. Vivendi said the...
  • Google Photos is the latest app from the technology giant that has at least a billion users. Photo: AFP

    Why Google’s photo storage app is a winner

    - Aug 6, 2019 12:48pm
    It’s hard to imagine how life would be in the digital era without Google. We use Google to search for information on the internet and the Chrome browser to access it. Most mobile phones run on Google’s...

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