Technology

Bloomberg The pace of adoption for electric cars over the next few years “could be surprising” and changing the global energy and auto industries faster than people expect, the boss of Europe’s largest utility said. Enel SpA is set to invest nearly 300 million euros ($341 million) to install about 12,000 recharging columns for electric cars across Italy, Chief Executive ...

Bloomberg In Burgos, a province in central Spain better known for archaeological digs and blood-sausages than for innovation, engineer Veronica Pascual is building automated vehicles. Not cars though, but fork-lifts, stackers and pallet trucks. Pascual, a 38-year-old aeronautical engineer, owns Asti, a company that produces so-called AGVs, or automated guided vehicles — mobile robots used in factories and warehouses that ...

Abu Dhabi / Emirates Business Canon Middle East, world leader in imaging solutions, launched a new innovative lens: the EF-S 35mm f/2.8 Macro IS STM. Designed to capture stunning Macro and close-up photography, the EF-S 35mm f/2.8 Macro IS STM features Canon’s unique built-in Macro Lite technology and is the first lens of its kind in the EF-S range. Forming ...

Bloomberg When Amazon.com Inc.’s $13.7 billion bid to buy Whole Foods was announced, John Mackey, the grocer’s chief executive officer, addressed employees, gushing about Amazon’s technological innovation. “We will be joining a company that’s visionary,” Mackey said, according to a transcript of meeting. “I think we’re gonna get a lot of those innovations in our stores. I think we’re gonna ...

Bloomberg Panasonic Corp. sees the future of solar on car rooftops. The Osaka-based electronics maker has started producing a 180-watt array of solar cells that can be fixed to the roof of an automobile. In February, Panasonic announced that its photovoltaic module would be used on the roof of Toyota Motor Corp.’s latest Prius plug-in hybrid. Cars represent a potentially ...

Bloomberg Toshiba Corp.’s announcement of a final agreement to sell its memory chip business may be delayed beyond the electronics maker’s self-imposed deadline this week, as Bain Capital and Japanese investors work out the structure of the deal, people with knowledge of the matter said. When announcing the preferred bidders last week, Toshiba said it planned to reach an agreement ...

Bloomberg SoftBank Group Corp.’s Vision Fund is scouting for possible investments in quantum computing, an experimental science being researched by companies such as Google and IBM to succeed current computer processor technology. Shu Nyatta, who helps invest money for the fund, said the group wanted to find and back the company whose quantum computing hardware or software that runs atop ...

DUBAI / WAM Thuraya Telecommunications Company announced the launch of the Thuraya IP M2M Service to support high volume, high throughput machine-to-machine (M2M) applications. The service is powered by Thuraya’s real-time, two-way IP network with speeds of up to 444 Kbps, a state-of- the-art Remote Term- inal Management (RTM) platform and the Thuraya IP+ terminal. The new service extends the ...

Bloomberg Facebook Inc. has hired more than 150 counterterrorism experts and is increasingly using artificial intelligence that can understand language and analyze images to try to keep terrorists from using the social network for recruiting and propaganda. Monika Bickert, director of global policy management, and Brian Fishman, counterterrorism policy manager, outlined aspects of Facebook’s latest efforts in a post to ...

Bloomberg Apple Inc. hired two former Sony Corp. television executives who oversaw the development of acclaimed shows like “Breaking Bad” and “The Crown,” further evidence that the technology giant is getting serious about producing its own video programming. Jamie Erlicht and Zack Van Amburg, who had been presidents of Sony Pictures Television since 2005, will report to Eddy Cue, Apple’s ...