Bloomberg Cyberdyne Inc., a Japanese maker of robot exoskeletons for patients with spinal difficulties, tumbled after short-seller Citron Research said the company’s stock is poised to plunge. Shares fell as much as 11 percent in morning trading in Tokyo after Andrew Left’s Citron said Cyberdyne is too expensive, citing declining growth in the company’s core assistive-limb product and valuations …
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India’s Hike wins $1.4bn Tencent, Foxconn backing
Bloomberg Hike Messenger became India’s newest internet unicorn after securing a round of funding at a valuation of almost $1.4 billion from investors including Tencent Holdings Ltd. and Foxconn Technology Group. The app, which seeks to compete with Facebook Inc.’s WhatsApp, raised more than $175 million via a series D round in which existing backers Tiger Global, SoftBank …
Read More »Lock picking your way to cyber-security
AP Lock picking might seem ridiculously old-fashioned at a cyber-security gathering — but learning it can actually help people protect machines from digital threats. As security improves to block remote attacks over the internet, hackers look for ways to deliver malicious software physically instead — for instance, by breaking into a company’s data centers. Like cracking a digital system, …
Read More »Attain contentment via smartphone ownership
Relaxnews New research from JD Power regarding smartphone satisfaction finds that the people most likely to constantly upgrade their handset are also the most content with their phones, at least for the short period of time that they are actually in their possession. “It’s surprising to learn that the expected length of mobile device ownership can influence the purchase …
Read More »Bulls and bears collide as ‘China’s Twitter’ surges to record
Bloomberg Weibo Corp. has more than doubled this year as steady user growth and an improved sales outlook have lured investors to the Chinese social media. Short sellers are becoming increasingly convinced the stock has peaked. Bearish bets on Weibo, the Asian nation’s answer to Twitter Inc., are at the highest ever, even after the company reported earnings that …
Read More »Livestreaming apps beyond Facebook Live
AP Live video is growing more popular as a way for families to share big moments with faraway loved ones and for artists and athletes to connect with fans. Livestreaming has also made the news in recent weeks as House Democrats used Periscope to broadcast a sit-in over gun control after the Republican majority cut off television cameras. It …
Read More »Pokemon hunt leads to glory for Niantic
Bloomberg Born in Google’s shadow, Niantic strode into the spotlight with a mobile internet spin on hunting Pokemon but can the obsession with the game lead to long-term financial success? Niantic founder and chief executive John Hanke has told a story of naming the company after a whaling ship abandoned in San Francisco Harbor by crew members who rushed …
Read More »â€˜Remotes are hackable on many vehicles’
Bloomberg A group of computer security experts say they figured out how to hack the keyless entry systems used on millions of cars, meaning that thieves could in theory break and steal items without leaving a broken window. The experts say that remote entry systems on millions of cars made by Volkswagen since 1995 can be cloned to permit …
Read More »Pokemon not welcome at Cambodia’s genocide museum
Bloomberg The game “Pokemon Go” has caused distress in Cambodia, where some smartphone-wielding players have been chasing its virtual characters at a genocide museum that was a torture center in the 1970s. Tuol Sleng Genocide Museum director Chhay Visoth said Wednesday that he has posted signs at the site’s entrance and inside banning the popular game, which made its …
Read More »Smiley faces at small company making popular emoji apps
AP Mobile apps that allow users to create their own emojis or share the stylized images of NBA star Stephen Curry and other celebrities are paying off for a small upstate New York company. Moji Maker— with its mix-and-match menu of happy, angry or goofy faces — was the No. 2 paid app on the iTunes chart as of …
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