Technology

Venture investors put $3.1bn into cybersecurity

  Bloomberg Venture investors are clamoring to back cybersecurity startups after record hacking last year and calls by US President Donald Trump and other global leaders to do more to protect against digital attacks. VC firms invested $3.1 billion in a record 279 cybersecurity startups in 2016, according to research firm CB Insights. That compares to $3.7 billion in 272 ...

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Fear of cyber hacks triggers networking startup boom

  Bloomberg Of all the lasting effects of Edward Snowden’s leaks, there’s one photo that leaves a particularly strong mark. In it, US federal employees in T-shirts and blue jeans are seen intercepting network equipment from Cisco Systems Inc. at a shipping facility. The feds in the photo, their faces obscured, were reprogramming the machines to spy on people’s activities. ...

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Ericsson showcases 5G, IoT, Cloud tech at BITEX Bahrain

  Bloomberg Ericsson presented its latest 5G, IoT and Cloud solutions at the 7th edition of the leading ICT event in Bahrain (BITEX), which is being held from February 7- 9. BITEX Bahrain was a great opportunity for Ericsson to introduce its capabilities and vision of the Digital Transformation journey, along with the introduction of 5G and IoT to the ...

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Sony launches advanced controller for PTZ cameras

  DUBAI / Emirates Business Sony’s new RM-IP500 remote controller gives operators easier and more intuitive control of its latest pan-tilt-zoom (PTZ) cameras in a range of applications including lecture capture for education, event production and broadcast. The RM-IP500 controller is designed to work with Sony’s new BRC-H800, BRC-H900, BRC-X1000, and SRG-360SHE PTZ cameras as well as the new MCX-500 ...

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Skip the checkout line with ‘Primo’

  Bloomberg In the 2003 documentary Living With Michael Jackson, the late King of Pop was filmed shopping for art and furniture in a Las Vegas store, pointing at things he liked and walking out, leaving his handlers to settle the bill. Now, a startup in Japan is trying to make that retail experience a reality for everyone. Primo’s app ...

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Apple hits out at Aussie banks over Apple Pay boycott motive

  Bloomberg Apple Inc. has stepped up its battle with Australia’s banking industry over the future of mobile payments, accusing an industry consortium of attempting to “delay or even block” the expansion of Apple Pay into the country. In its latest submission to the Australian Competition & Consumer Commission, Apple said it was concerned banks are seeking to “delay the ...

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Fighting fake news isn’t just up to FB and Google

  NEW YORK / AP The fight against fake news is not just being waged by Google, Facebook and big media companies. They are joined in the battle by academics and data scientists who started work on the subject years before bogus news stories were suspected of helping sway the 2016 presidential election. Their work has yielded tools that help ...

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Honda sees growing e-car demand ahead

  Bloomberg Honda Motor Co. plans to set up a joint venture with Hitachi Automotive Systems Ltd. to develop, produce and sell motors for electric vehicles, citing the expected increase in demand for electric autos with tougher environmental standards. The joint venture has plans to manufacture in Japan, US and China, and will consider using Hitachi’s existing plants in those ...

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Meet bat bot, the new flying drone

  WASHINGTON / AP Holy drone, Batman! Mechanical masterminds have spawned the Bat Bot, a soaring, sweeping and diving robot that may eventually fly circles around other drones. Because it mimics the unique and more flexible way bats fly, this 3-ounce prototype could do a better and safer job getting into disaster sites and scoping out construction zones than bulky ...

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Flying cars closer to reality

  WASHINGTON / AP Even before George Jetson entranced kids with his cartoon flying car, people dreamed of soaring above traffic congestion. Inventors and entrepreneurs have long tried and failed to make the dream a reality, but that may be changing. Nearly a dozen companies around the globe, including some with deep pockets such as European aircraft maker Airbus, are ...

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