Technology

Could the taxi of the future arrive before you call it?

  Bloomberg Ford seems to think so and is working with MIT in order to shuttle in a new form of smarter, on-demand mobility service that can predict where it needs to be at any given time, in order to best help people get around. From September the Massachusetts Institute of Technology’s Cambridge campus will become the testing ground for ...

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Amazon unveils cargo plane as it expands delivery network

  SEATTLE / AP Seattle-based Amazon is unveiling its first branded cargo plane, one of 40 jetliners that will make up the e-commerce giant’s own air transportation network as it takes more control of its delivery process. The latest push to speed delivery of its products comes as the company ships an increasing number of packages worldwide. Amazon’s parcel volume ...

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US parents to spend $18.5 billion on back-to-school tech

  Relaxnews According to the Consumer Technology Association’s ‘The Role of Consumer Tech in Back-to-School Shopping’ study, devices from portable hard disks to laptops are moving further up the average family’s shopping list. In all, 59% of parents hitting physical or online stores to equip their children for the first term of the new school year are looking for technology ...

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Now, grab what you see on your video screen

  Bloomberg Forget 3D, soon you could be able to reach out and grab the things you see on the screen. Researchers from the US state of Massachusetts’ MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) say that they’ve developed a way of being able to “touch” objects that appear on the screen. Called Interactive Dynamic Video (IDV), what makes ...

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Tech startups target in-home care market for elderly

  Bloomberg Olga Mos was living with her extended family until last year when the 93-year-old found bathing, dressing and cooking too tough to handle solo. Her daughter-in-law Rhoda Wilkinson Domingo looked at assisted living homes. She didn’t like what she saw. “It was just sad,” Domingo said. “Everyone was clean and taken care of, but they looked very dull ...

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Mercedes to challenge BMW, Tesla the tech way

  Bloomberg Mercedes-Benz is planning its own distinct line of electric vehicles, challenging BMW and Tesla Motors Inc. in a bet that alternative-fuel cars have the potential to become profitable. Mercedes will add two electric sport utility vehicles and two sedans, according to two people familiar with the plan, who asked not to be named because the details haven’t been ...

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MTN to consider raising dividend if biz picks up

  Bloomberg MTN Group Ltd. will consider raising its full-year dividend above forecasts if business conditions improve after the settlement of a record fine in Nigeria led to the first-ever half- year loss at Africa’s biggest mobile-phone carrier. The company will consider a higher full-year payout than the forecast 7 rand-a-share “if operating conditions improve materially,” the Johannesburg-based carrier said ...

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Deliveroo raises $275mn to up food-delivery wars

  Bloomberg Deliveroo, a London-based maker of an app for ordering take out, announced it has raised $275 million to fuel growth and take on well-funded competitors. The deal values Deliveroo at more than $1 billion, according to a person familiar with term sheet who asked not to be named as the deal is private. The same figure is also ...

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Apple can sell power as tech giants boost investments

  Bloomberg Apple Inc., which is spending $850 million on a 130-megawatt solar farm near San Francisco over 25 years, can begin selling power into wholesale markets in the latest foray by a technology company into the energy business. Apple’s subsidiary Apple Energy LLC may sell energy, capacity and other services needed to maintain reliable power, according to an order ...

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Have 3D printer makers found sweet spot?

  Bloomberg 3D printing has long been a cool technology in search of a huge market. The industry may have found one in mass production. Because of its high cost and slow pace, 3D printing’s use in manufacturing has been limited mostly to prototyping, making plastic molds for teeth alignment and creating tools. That may be about to change, potentially ...

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