Technology

Intel buys AI startup Nervana to bolster data center unit

  Bloomberg Intel Corp., which makes chips that run more than 90 percent of the world’s servers, said it’s buying startup Nervana Systems to add software, a cloud service and future hardware in an attempt to better tune its products for artificial intelligence work. While Intel’s Xeon processors dominate in data centers, they’re not built for the unique workloads of ...

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Facebook blocks ad blockers to allow ‘useful’ ads

  Bloomberg Facebook is blocking ad blockers on the desktop version of its service, saying well-made, relevant ads can be “useful.” At the same time, the world’s biggest social media company says it is giving users easier ways to decide what types of ads they want to see — unless, of course, the answer is “none.” Ad blockers filter out ...

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Wal-Mart to acquire Jet.com for $3.3bn to fight Amazon

  Bloomberg Wal-Mart Stores Inc. agreed to buy e-commerce startup Jet.com Inc. for about $3.3 billion and put founder Marc Lore in charge of the combined company’s online operations, marking the retail giant’s strongest bid yet to compete with e-commerce leader Amazon.com Inc. The deal includes $3 billion in cash and $300 million in shares that will be paid over ...

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Alibaba offers to help global tech firms navigate China

  Relaxnews Alibaba Group Holding Ltd. is extending a hand to companies such as SAP SE keen on operating in China, proffering a window into a market that’s increasingly hostile to foreign technology. China’s largest e-commerce company is aiming to help them comply with local regulations and sell their products, as it seeks news areas of growth to combat a ...

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Gaming may boost teens’ school results: Study

  Sydney / AP Playing online games may boost teenagers’ school results while spending time on social networks such as Facebook could do the opposite, according to an Australian study. The research, based on the performance of 15-year-old Australians in the globally recognised Program for International Student Assessment (PISA) tests, looked at the relationship between internet usage and educational outcomes. ...

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Twitter to sublease part of San Francisco headquarters

  Bloomberg Twitter Inc. is offering about a quarter of the space at its San Francisco headquarters complex for sublease, adding to a growing amount of excess offices available in the city as the technology industry cools. About 78,800 square feet (7,320 square meters) is listed for sublease on the seventh floor of 1355 Market St., a renovated 1930s furniture ...

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Qualcomm signs up Vivo tech

  Bloomberg Qualcomm Inc., which has struggled to get paid licensing revenue in China, said it signed up phonemaker Vivo Communication Technology Co., helping cement its position in the world’s largest phone market. Vivo, the third-biggest smartphone maker in China, agreed to pay Qualcomm for technology used in 3G and 4G phones, the US chipmaker said. The deal with Vivo ...

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New IPhone to have dual cam, pressure-sensitive button

  Bloomberg Apple Inc. is preparing to unveil successors to the iPhone 6S and iPhone 6S Plus as early as next month with more advanced photography capabilities and upgraded hardware in a design similar to that of last year’s models, according to people familiar with the matter. The standout features will be a dual-camera system on the larger iPhone, a ...

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Data centers’ water use has investors on high alert

  Bloomberg Data centers, used by governments and large corporations to house their computer systems, have one big environmental problem: They get hot. To keep them from overheating, large data centers can pump hundreds of millions of gallons of water a year through the facilities, according to company reports. That high demand for water has some investors concerned, especially in ...

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Suitcase that doubles as motorized mini scooter

  Relaxnews It’s being pitched as the world’s first motorized, rideable carry-on smart luggage that can whisk tired fliers through the airport three times faster than old-fashioned walking. You could call the Modobag a scooter-slash-suitcase. Designed by Chicago entrepreneur Kevin O’Donnell and an engineer whose credits include professional race motorcycles at Daytona 200, the mobile suitcase features an electric motor, ...

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