Bloomberg Alphabet Inc.’s Nest, seeking a bigger share of the connected home market, is developing a cheaper version of its flagship thermostat and new home security products, according to a person familiar with the matter. The company is working on a version of its “learning thermostat,†which adjusts the temperature based on usage patterns, that would sell for under ...
Read More »Technology
Samsung teases release of Galaxy S8 smartphones
Bloomberg Samsung Electronics Co. teased its coming Galaxy S8 smartphone and released new tablets targeting video-gamers and professionals as the company seeks to regain ground lost after pulling its Note 7 from shelves last year. The Galaxy Tab S3, meant for entertainment, has a 9.7-inch Amoled screen, quad-stereo speakers and lets users play 4K video, Samsung said at the ...
Read More »Nordic tech ‘miracle’ delivers 30% returns for $1 billion fund
Bloomberg Ignoring its global mandate to invest in Apple Inc. and Facebook Inc. is delivering top returns for this technology fund. The Swedbank Robur Ny Teknik fund just focuses on small, “innovative†companies in Scandinavia with a heavy concentration in medical technology. “There’s a Nordic IT miracle,†Carl Armfelt, the fund’s manager who also helps oversee the small-cap team ...
Read More »Now, mobile carriers push more content onto screens
Bloomberg In the decade since the iPhone redefined the smartphone industry, mobile devices have morphed from displaying three-second GIFs to streaming elaborate content. Now carriers want to deliver big-ticket television events like the Olympics to add exclusive, sticky programming and stay relevant with younger consumers. The initiatives, which were on display at the annual Mobile World Congress in Barcelona, ...
Read More »â€˜China tech plan threat to foreign firms’
BEIJING / AFP China is violating its free-trade pledges by pressing foreign makers of electric cars and other goods to share technology under an industry development plan that is likely to shrink access to its markets, a business group said on Tuesday. The report by the European Union Chamber of Commerce adds to mounting complaints Beijing improperly shields its ...
Read More »Nintendo Switch is impressive, but in need of more games
Bloomberg When you’re deep in a video game, the last thing you want to do is leave home. If only you could take the game with you for your commute to work or your bus ride to school, or to liven up your lunch hour. Nintendo’s new Switch console tries to address that by letting you play it anywhere. ...
Read More »Fitbit to keep tab on your ‘sleep’ too
NEW YORK / AFP Fitbit, whose devices encourage people to walk 10,000 steps each day, now wants to put them to sleep as well. The company said data collected by the millions of Fitbit trackers in use show that people are averaging less than seven hours of sleep a night, the amount recommended by the Centers for Disease Control ...
Read More »Logitech gears up to push deeper into smart home
Bloomberg Since Bracken Darrell took over Logitech International SA four years ago, the company’s stock has quadrupled on robust sales of snazzy PC accessories that complement products by the likes of Apple, Microsoft, Amazon, and Google. As Darrell plots his next move, those heavyweights are starting to look more like competitors than partners. Darrell’s goal: tying together TVs, appliances ...
Read More »Hackers drawn to energy sector’s lack of sensors, controls
Bloomberg Oil and gas companies, including some of the most celebrated industry names in the Houston area, are facing increasingly sophisticated hackers seeking to steal trade secrets and disrupt operations, according to a newspaper investigation. A stretch of the Gulf Coast near Houston features one of the largest concentrations of refineries, pipelines and chemical plants in the country, and ...
Read More »LG’s G6 wins best smartphone awards
Emirates Business LG Electronics’ G6 smartphone won an unprecedented 31 booth awards at Mobile World Congress (MWC) 2017 including multiple honors from various international titles and publications attending the show. The LG G6 demonstrates that the company is at the forefront of mobile communications and consumer demand. Amongst top honors received, Wired, Android Authority, Digital Trends, PCMag and TechRadar ...
Read More »