Technology

Facebook, Twitter join coalition to improve online news

  AFP Facebook, Twitter and news organizations including Agence France-Presse have joined a coalition of media and technology groups seeking to filter out online misinformation and improve news quality on social networks. First Draft News, which is backed by Google, announced Tuesday that some 20 news organizations will be part of its partner network to share information on best practices ...

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Ex-Google guy builds English teaching app that adapts to student

  Bloomberg Yi Wang was hearing the same refrain over and over: Why are English classes in China so expensive? And why aren’t I proficient yet? The former Google product manager decided to do something about it and started an app called LiuLiShuo, which basically means “speaking fluently” in Mandarin. The app, which claims more than 30 million users, is ...

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Uber gives riders a preview of driverless future

  AP Uber riders in Pittsburgh can get a glimpse of the future by summoning a car capable of handling most of the tasks of driving on its own. Starting Wednesday morning, a fleet of self-driving Ford Fusions will pick up Uber riders who opted to participate in a test program. While the vehicles are loaded with features that allow ...

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Tech may not be destroying your job

  Bloomberg Don’t fear the robots. While new technologies are giving rise to a “jobs gap” – or a mismatch between the jobs people want and the ones that are available – they’re also affording new opportunities for workers, Goldman Sachs Group Inc. argues in a new report. The rise of automation, online tools, and big data echoes industrial revolutions ...

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Apple users face glitch in updating to new iPhone software

  Bloomberg Apple Inc. faced an embarrassing technical glitch after some customers reported difficulties updating their iPhone operating system to the latest software, which became available Tuesday. After downloading the iOS 10 update, the smartphones or iPads shut down to install the software. Then, rather than the device automatically turning back on with iOS 10 installed, a screen appeared prompting ...

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Internet of Things starts with hot dogs for Deutsche Telekom

  Bloomberg Forget about self-driving cars: In Germany, the Internet of Things starts with hot dogs. Certuss Dampfautomaten GmbH, a Krefeld-based maker of steam generators used for anything from cooking sausages to sterilizing medical instruments, used to fly repairmen out to far-flung locations to restart broken-down machinery. Now sensors in the machines send data on 60 items including temperature, steam ...

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Bitcoin tech harnessed to push electricity revamp

  Bloomberg Bitcoin technology is starting to seep into the electricity business, shaking up the way payments are managed every time a light switch is flipped. From New York to Vienna, researchers and utilities are adapting the cloud-based ledger system used to track bitcoins as a replacement for slower administrative systems that require constant human input and multiple spreadsheets. Once ...

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HP Inc. to buy Samsung’s printer biz for $1.05 billion

  Bloomberg HP Inc. sees its future in copiers and printers. The personal-computer maker has agreed to buy Samsung Electronics Co.’s printer business for $1.05 billion, betting that it can grab share and generate income, even in a shrinking global market. The deal will add to earnings in the first full year, Palo Alto, California-based HP said in a statement ...

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Apple’s new iOS 10 rich in new features

  Relaxnews Apple release iOS 10, the latest version of its mobile operating system. The software update for users of the firm’s current compatible devices lands a few days ahead of the official release of the iPhone 7 and 7 Plus. This latest update is one of the richest in new features in the history of iOS. Notable additions include ...

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Fintech venture targets Hedge funds with big-data research

  Bloomberg A Japanese startup is entering the equity-research business in a bid to challenge the dominance of securities firms by using computers to crunch vast troves of information and predict companies’ earnings. Nowcast Inc., a financial-technology venture formed last year out of the University of Tokyo, will begin providing automated earnings estimates of consumer goods makers as soon as ...

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