Technology

Technology overthrows financials as king of emerging markets

  Bloomberg The rally in technology stocks may have more room to run after the industry overthrew financials as the main driver of emerging market shares last quarter. Firms from South Korean phone makers to China’s biggest internet company helped drive a 17 percent surge in technology shares in the MSCI Emerging Markets Index in the first quarter, the best ...

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Imagination Tech shares plunge after Apple rejects chip deal

  Bloomberg Imagination Technologies Group Plc shares plunged as much as 69 percent after the UK chip designer said Apple Inc. will stop using its intellectual property in new products, setting the stage for a clash with its biggest customer. The iPhone maker has informed Imagination Technologies that it will cease using its graphics technology for new products, including phones, ...

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A ‘sci-fi’ cancer therapy fights brain tumors

  WASHINGTON / AP It sounds like science fiction, but a cap-like device that makes electric fields to fight cancer improved survival for the first time in more than a decade for people with deadly brain tumors, final results of a large study suggest. Many doctors are skeptical of the therapy, called tumor treating fields, and it’s not a cure. ...

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BlackBerry expands licensing strategy

  Emirates Business BlackBerry Limited on Monday shared new details on its broad licensing strategy which addresses the growing need for secure, connected devices and endpoints in today’s Enterprise of Things. The first phase of BlackBerry’s strategy, announced in September 2016, was focused on providing the most secure and comprehensive Android software for smartphones around the world manufactured and marketed ...

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Former Google VP unveils startup for clean, cheap N-energy

  Bloomberg With the sweep of a single executive order, President Donald Trump unwound the Obama-era framework of regulations designed to combat climate change and announced that he was “putting an end to the war on coal.” But not everyone in high-tech is ready to return to the age of fossil fuels. Mike Cassidy, who was formerly vice president at ...

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Illinois to implement own internet privacy safeguards

  Bloomberg Democratic lawmakers in Illinois are considering implementing their own inter- net safeguards at the state level after Republicans in Washington voted to roll back Obama-era internet privacy protections that were to take effect later this year. An Illinois House committee endorsed two online privacy measures, including one that would allow people to find out what information companies such ...

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Lidar: Laser sensing tech crucial for self-driving cars

  Bloomberg In the sixth grade, Austin Russell turned a Nintendo gaming handset into a cell phone. At 15, he built a holographic keyboard. By 17, he’d filed for a patent. Now at 22, he’s running a startup at the heart of Silicon Valley’s latest technology mania. As founder and chief executive officer of Luminar Technologies Inc., Russell and his ...

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Microsoft opens first European lab for Internet of Things

  Bloomberg As Europe’s industrial companies attempt to modernize production with sensors and software, Microsoft Corp. is trying to grab a piece of the spending. The US software giant is launching a new lab in Munich — following openings in Redmond, Washington and Shenzhen, China — for customers investing in the so-called Internet of Things, the idea that everything from ...

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Web privacy furor previews coming ‘net neutrality war’

  Bloomberg The US Congress’s decision to invalidate a set of internet privacy rules from the Obama administration set off a firestorm this week. The change, which will allow service providers like AT&T Inc. and Verizon Communications Inc. to collect and sell customers’ information without their permission, prompted ad campaigns from internet freedom groups shaming lawmakers and a small wave ...

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Google’s UK business reveals tax charge, jump in profits

  Bloomberg Google’s UK business is to pay 25 million pounds ($31.4 million) in UK corporation tax, according to its latest results, a year after the company was ordered to hand over 130 million pounds in back taxes to the government. The UK subsidiary of Alphabet Inc.’s Google turned a profit, before taxes, of 148.2 million pounds for the year ...

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