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 ...
Read More »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 ...
Read More »Apple updates key iPhone line
Bloomberg Apple Inc. has rolled out updated products and new features that mostly relied on an old strategy. The most-valuable technology company is targeting pent-up appetite for new iPhones to reignite sales growth amid mounting investor concern that its pace of innovation is slowing. The iPhone 7 line includes camera upgrades, a faster processor, longer battery life and a ...
Read More »New iPhone may not turn the tide in China
Bloomberg Apple Inc. badly needs another smash hit in China. The new iPhone may not be it. The world’s most valuable company is counting on the latest iteration of its flagship product to regain the top spot in the world’s largest smartphone market. But unlike in years past, the iPhone 7 offers little new for Chinese consumers: no affordable ...
Read More »Nintendo turns to Mario on iPhones to top Pokemon Go success
Bloomberg Nintendo Co. finally unveiled plans to bring Mario to smartphones. Now comes the hard part. Super Mario Run introduces the mustachioed plumber to the iPhone as a game app in December, just in time for the holidays. This followed years of anticipation that bringing together the Kyoto-based company’s iconic characters and mobile gaming would be a recipe for ...
Read More »Vietnam’s ‘Silicon Valley’ sparks startup boom
Ho Chi Minh City / AFP Recent Vietnamese graduate looking for an English-language teacher? There’s an app for that. Or hunting the best bowl of pho in your Hanoi neighbourhood? There’s now an app for that, too. A decade ago such technology would likely have been developed in California’s Silicon Valley. But today those apps are being churned out ...
Read More »LG out to rev smartphone sales with flagship V20
San Francisco / AFP South Korean consumer electronics titan LG unveiled a flagship V20 smartphone aimed at internet age “storytellers†on the eve of an Apple event expected to star a new iPhone. LG introduced the V20 in San Francisco, highlighting camera and audio capabilities aimed at bringing professional-level production quality to even casual of moments captured on smartphones. ...
Read More »Telefonica eyes slice of data-sharing pie for users
Madrid / AFP Spain’s Telefonica plans to create a platform for its clients to manage access to their personal data and possibly even block online giants like Google from using the information or make them pay, a spokesman said. The platform, which the telecoms giant plans to roll out next year, would lay out all the data that it ...
Read More »A look at the drones landing this Fall
Relaxnews One product flying high in the consumer tech market this fall is the drone, whether mini-drones for leisure flyers or veritable winged racers. A host of new products are due out from September 2016, ahead of the imminent unveiling of GoPro’s first model. Parrot has been busy releasing a selection of drones for fall 2016, with two new ...
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