Technology

  Relaxnews Kaminario Inc., a flash-storage company that develops its products in Israel, closed a fundraising round of $75 million — nearly double the expected amount — and will use the money to expand in Asia and Europe and boost technology development to gain market share. The Needham, Massachusetts-based company competes with multinational giants such as Dell Technologies Inc. and ...

  Bloomberg Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics. But for Zhou, a 35-year-old high-speed trader in Beijing, bitcoin is also too good to resist. His computers trade it 24 hours a day, seven days a week. Using lightning quick orders, they ...

  Dubai / Emirates Business LG Electronics (LG) and Dolby Laboratories, Inc. (NYSE: DLB) announced the LG UP970 Ultra HD Blu-ray player, LG’s first 4K Blu-ray player which will support Dolby Vision high-dynamic -range (HDR) imaging. LG’s UP970 Ultra HD Blu-ray player delivers a more immersive and vivid viewing experience than ever before. Leveraging the HDR technology that powers Dolby’s ...

  Bloomberg Baidu Inc. has appointed former Microsoft Corp. executive Qi Lu its group president and chief oper- ating officer, granting the software industry veteran oversight over all aspects of the Chinese search giant’s business from sales to technology development. Lu, an architect of Chief Executive Officer Satya Nadella’s strategy for artificial intelligence and bots at Microsoft, will take up ...

  Bloomberg Nintendo Co.’s new Switch gaming console won’t be in stores until March 3, but the machine is fully baked and ready to play. The press got a chance to try out the new machine at an event in Tokyo last week, and events will be held in Japan and North America to let people experience the product before ...

    WASHINGTON / AP Artificial intelligence is still in a “mainframe era” in which computing power is concentrated in a few companies’ hands, Microsoft Corp. Chief Executive Officer Satya Nadella said in a presentation in Munich on Monday. The computer industry is “worshiping” technology companies that can simulate real-world processes using AI software, but to become more useful the ...

  HAVANA / AP Two days before Christmas, Luis Gonzalez received a little Chinese modem from Cuba’s state-owned telecommunications company. The 55-year-old theater producer connected the device to his phone and his laptop computer, which instantly lit up with a service unimaginable in the Cuba of just a few years ago — relatively fast home internet. “It’s really easy to ...

  BERLIN / AP Facebook says it’s introducing measures to tackle the spread of fake news in Germany, months before the country holds a national election. The social network said on Sunday the investigative media group Correctiv will be its first outside fact-checker in Germany and it’s working to bring aboard other media organizations. It said updates to make it ...

  Bloomberg The next frontier in digital advertising may be your car’s windshield. Automakers, technology companies and glass manufacturers are teaming up to turn the display that graces the front of an iPhone into the windshield of a car — one that can show ads, directions and vehicle information to the person behind the wheel. The advent of connected cars ...

  WASHINGTON / AP A next step for smart watches and fitness trackers? Wearable gadgets gave a Stanford University professor an early warning that he was getting sick before he ever felt any symptoms of Lyme disease. Geneticist Michael Snyder never had Lyme’s characteristic bulls-eye rash. But a smart watch and other sensors charted changes in Snyder’s heart rate and ...