Friday, 18 January 2019

Tech

Apple becomes first company to hit $1 trillion milestone

LONDON: Apple Inc became the first $1 trillion publicly listed US company on Thursday, crowning a decade-long rise fueled by its ubiquitous iPhone that transformed it from a niche player in personal computers into a global powerhouse spanning entertainment and communications. The tech company’s stock jumped 2.8 per cent to ...

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Starbucks, Alibaba’s forge coffee delivery tie-up in China

BEIJING: Starbucks Corp on Thursday launched a partnership with Alibaba Group’s Chinese food delivery platform Ele.me, in a move to shore up sales in its second-largest market and to battle aggressive competition from local coffee start-ups. Starbucks flagged in June that it was pursuing such a tie-up after reporting a ...

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Bitcoin ends winning July on a sour note

REUTERS: Bitcoin fell 5 percent on Tuesday, briefly hitting a one-week low below $7,700, and marking a poor finish to a strong July when the digital currency increased more than 20 percent. Tuesday’s decline stemmed partly from disappointment over the U.S. Securities and Exchange Commission last week reaffirming an earlier ...

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Trump ‘looking into’ rules on 3D-printed guns

WASHINGTON: US President Donald Trump said Tuesday he was mulling whether Americans should be able to make their own 3D-printed guns amid an uproar over his government’s settlement with a Texas entrepreneur who wants to provide free blueprints for the firearms. The tweet comes one day before Cody Wilson, a ...

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Robot hand learns human skills

SAN FRANCISCO:T hat’s how much virtual computing time it took researchers at OpenAI, the non-profit artificial intelligence lab funded by Elon Musk and others, to train its disembodied hand. The team paid Google $3,500 to run its software on thousands of computers simultaneously, crunching the actual time to 48 hours. ...

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French luxury giants dive into Silicon Valley

LONDON: Steve Jobs may have been a tech genius, but he clearly didn’t care much for fashion. Facebook boss Mark Zuckerberg has followed in his footsteps, sporting a plain grey T-shirt every day for years only to swap it for a simple black suit to testify before Congress and the ...

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Facebook suspends US conspiracy theorist Alex Jones

Reuters

Reuters US conspiracy theorist Alex Jones has been suspended from Facebook for bullying and hate speech and is close to having pages tied to him and his Infowars website removed from the platform, the social media network said on Friday. The radio host’s personal profile was banned for 30 days after ...

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Facebook just lost $120b in a 1-day

NEW YORK: Facebook has just lost billions of dollars in value, making it one of the biggest one-day corporate losses in US stock market history. The company dropped $120 billion (£91 billion) in shareholder value yesterday (July 26) after it disclosed that its quarterly revenue did not live up to ...

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Nikon working on next-generation mirrorless camera

IANS: Japanese major Nikon on Wednesday announced the development of a next-generation full-frame mirrorless camera and a new lens under its own lens-brand NIKKOR, featuring a new mount that will enable a new dimension in optical performance. “Through the development of this new mirrorless camera, Nikon reaffirms our commitment to ...

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Hackers Breached Virginia Bank, Stole $2.4M

VIRGINIA: Hackers used phishing emails to break into a Virginia bank in two separate cyber intrusions over an eight-month period, making off with more than $2.4 million total. Now the financial institution is suing its insurance provider for refusing to fully cover the losses. According to a lawsuit filed last ...

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