Tuesday, 25 September 2018

Tech

Digital revolution has only small impact on inflation: ECB’s Weidmann

Reuters FRANKFURT: Rapid technological advances cut inflation only marginally and temporarily, Bundesbank President Jens Weidmann said, weighing in on one of the biggest debates in modern central banking. With much of the industrialised world struggling with anaemic inflation levels, some economists argue that rapid technological development keeps a lid on ...

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Apple to allow third-party authorised iPhone repairs

LONDON: In what might take the load off official Apple repair team and provide users with an alternative to get their damaged iPhones fixed, the tech giant has reportedly entered a deal with third-party reseller and service provider Simply Mac to offer authorized screen repairs. According to a 9to5 Mac ...

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Microsoft accused of bribery in Hungary

LONDON: Microsoft Corp. is being investigated by U.S. authorities over potential bribery and corruption related to software sales in Hungary, according to people familiar with the matter. The investigation follows a series of similar probes into Microsoft business partners that surfaced in 2013 in five other countries. Microsoft MSFT, +0.47% ...

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Nokia expects to make €3 in royalties from every 5G smartphone

LONDON: Nokia says it expects to make €3 in royalties for every 5G smartphone sold. The Finnish telecommunications equipment manufacturer has made many contributions to the standardisation of 5G and says its fees reflect the value of its technology to handsets. Holders of Standard Essential Patents (SEPs) are required to ...

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Scientists create paper battery powered by bacteria

LONDON: People living in remote areas or areas with limited resources often have difficulties with electricity, expensive commercial batteries and such. To overcome this problem, researchers have created a new type of paper battery that can easily be powered by bacteria. The need of new, cheap and portable power sources ...

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Tencent profits drop as China puts squeeze on online games

BEIJING: China’s Tencent reported a quarterly drop in net income Wednesday, amid an apparent regulatory squeeze on the tech giant’s online gaming business. Total revenues for the quarter rose by 30 percent year-on-year to 73.68 billion yuan ($10.65 billion) while online games revenue increased 6 percent to 25.20 billion yuan, ...

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Solar car to go on sale in 2019

BERLIN: A German start-up is in the final stages of developing a charging system for an all-electric vehicle with solar panels to top up the battery as you drive. Sono motors say the Sion car, can be charged from conventional power outlets, solar power, or other Sions. The vehicle has ...

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Florida Police expose SIM card hijacking ring

FLORIDA: There’s a good chance you’ve had to ask your carrier for a SIM swap, whether it’s to replace a faulty card or to switch to another size (say, from micro SIM to nano SIM). Crooks, however, are increasingly abusing those swaps to steal from unsuspecting cellphone users. Florida police ...

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Bitcoin Dominance Rate Hits 50% in 2018

LONDON: Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization. Shortly past 03:00 UTC on August 11, CoinMarketCap’s bitcoin dominance rate – an indicator that tracks the percent of the total cryptocurrency market capitalization contributed by the leading cryptocurrency – reached 50 percent for the first ...

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Apple Monitoring Infowars App For Content Violations

LONDON: Apple Inc said that an app belonging to popular conspiracy theorist Alex Jones remains in the company’s mobile App Store because it has not been found to be in violation of any content policies. The Infowars Official app has become the App Store’s third most-downloaded news app this week ...

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