Technology

Bloomberg It was the late 1990s, and entrepreneurs Steven Abramson and Sidney Rosenblatt were pitching an electronics giant on their new flat-screen technology. It didn’t go well. The product was unproven, and, given that the startup had a pittance in the bank, the manufacturer had doubts about its long-term viability. “You want us to bet the future of our company ...

Bloomberg Fiat Chrysler Automobiles NV will join BMW AG and Intel Corp. in developing a platform for self-driving vehicles, giving the Italian-American automaker new technology partners and adding heft to their existing coalition. FCA, which supplies plug-in hybrid Chrysler Pacifica minivans to Alphabet Inc.’s Waymo driverless-car unit, announced it had signed a memorandum of understanding with the coalition. The automaker ...

Dubai / Emirates Business LG Electronics (LG) will incorporate an F1.6 aperture camera and glass lens in the dual camera of its upcoming V30 flag-ship smartphone, introducing industry-leading innovations that bring a new level of photographic innovation to the mobile industry. Excellence in smartphone cameras has long been a core competency of LG’s mobile devices and the dual camera module ...

Bloomberg Xu Li’s software scans more faces than maybe any on earth. He has the Chinese police to thank. Xu runs SenseTime Group Ltd., which makes artificial intelligence (AI) software that recognizes objects and faces, and counts China’s biggest smartphone brands as customers. In July, SenseTime raised $410 million, a sum it said was the largest single round for an ...

Bloomberg If your car can hit the brakes in an emergency and check your blind spots, will that make you a worse driver? Increasingly, automakers are worrying it may. Driver-assist technology that keeps cars in their lanes, maintains a safe distance from other vehicles, warns of unseen traffic and slams the brakes to avoid rear-end crashes are rapidly spreading from ...

Bloomberg Chances are few outside of China have heard of NetEase Inc., though it makes more money from games than Nintendo Co. Now it wants recognition, but first it’ll have to learn what makes Western gamers tick. The company is on a global hiring campaign and exploring acquisitions or investments in foreign studios, so it can earn 30 percent of ...

Bloomberg Researchers in Japan are closing in on a safer generation of batteries that could weather extreme temperatures in outer space. At least that’s what Hitachi Zosen Corp. is betting on. The Osaka-based company, better known for building plants that convert waste to energy, is developing a new strain of solid-state lithium-ion battery that’s been capturing the attention of industry ...

Bloomberg Facebook Inc. will introduce a new video hub on the world’s largest social network, offering some US users short episodic series from content partners including A&E, Major League Baseball and National Geographic, in a bid to capture more online advertising dollars. The new section, called Watch, is meant to increase the amount of time users spend watching video by ...

DUBAI / Emirates Business Trukkin Middle East has launched its new cloud-based B2B platform that unites customers with shippers and truckers in the Middle East region to create new business opportunities and deliver streamline logistics solutions. The startup was the brainchild of entrepreneurs from Saudi Arabia and the UAE, and was co-founded by Ahmed Al Nafie and Janardan Dalmia. Trukkin ...

DUBAI / Emirates Business Gemalto, the world leader in digital security, has announced its on-demand connectivity service. It is the first in the world to demonstrate full compliance with the stringent security requirements of the GSMA’s Security Accreditation Scheme for embedded SIM (eSIM) remote provisioning. As a result, OEMs, mobile operators and service providers worldwide can be assured that Gemalto ...