Samsung is in talks with several smartphone makers including China’s ZTE to supply mobile processor chips, a senior executive said, a move that will bring it in more direct competition with larger rival Qualcomm. The South Korean tech giant generates the bulk of its profit from its bread and butter memory chips and has been […]
Read moreIn seeking regulatory approval for a new smoking device called iQOS, Philip Morris International is claiming the electronic gadget is less likely to cause disease than traditional cigarettes. But the iQOS holds another, less obvious advantage over regular smokes: the ability to harvest personal data about users’ smoking habits. The tobacco giant is already building […]
Read moreBillionaire entrepreneur Elon Musk says rocket technology will “enable anyone” to move to Mars and beyond. And gas-powered cars will be relics, “like steam engines,” he says. This according to a recent series of tweets from the Tesla and SpaceX boss. On Friday, SpaceX launched and landed the Falcon 9 Block 5, the newest version […]
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Researchers at the University of Central Florida have developed the first color-changing fabric that can be controlled with a smartphone. Professor Ayman Abouraddy and his team at CREOL, The College of Optics and Photonics, have developed a series of prototypes that includes purses and backpacks. The products change color and pattern through the use of […]
Read moreIBM has partnered with an environmental tech start-up to turn carbon credits — tradable instruments aimed at reducing greenhouse gas emissions — into digital tokens. The tech giant announced on Tuesday that it is working with Veridium Labs, a firm that creates environment-related cryptocurrencies, to make it easier to trade carbon credits using blockchain technology. […]
Read moreTop U.S. cryptocurrency exchange Coinbase is focusing on a group that has been especially cautious to dive into the volatile market: Institutional investors. The San Francisco-based company announced the launch of four new products aimed at that investor class Tuesday: Coinbase Custody, Coinbase Markets, The Coinbase Institutional Coverage Group and Coinbase Prime. “We think this […]
Read moreApple CEO Tim Cook is not a fan of President Donald Trump’s trade policy with China. The technology executive shared what he told Trump in a recent meeting at the White House. “I talked about trade and the importance of trade, and how I felt that two countries trading together make the pie larger,” Cook […]
Read moreThis is the year that institutional money will come into the cryptocurrency market, thanks to the development of trading infrastructure, Tabb Group said Tuesday. “If 2017 was the year cryptocurrencies went mainstream, then 2018 is certainly shaping up to be the year they go institutional,” the capital markets research and consulting firm said in a […]
Read moreMorgan Stanley is getting more negative over profitability of Tesla’s Model 3 electric car. The firm’s analyst Adam Jonas slashed his price target to $291 from $376 for Tesla shares, roughly flat to the stock’s Monday close. “We are making material reductions to our earnings estimates to reflect lingering manufacturing issues with the Model 3,” […]
Read moreUber on Tuesday said it is taking steps to bring “transparency, integrity, and accountability” to its handling of sexual misconduct in the workplace and on the platform. The San Francisco-based ride-hailing company said it’s rolling back the use of forced arbitration agreements for employees, riders, and drivers. Giving victims of sexual assault or perceived sexual […]
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