Technology

Now, Facebook will notify when your picture shows up

Bloomberg Facebook Inc. is introducing new facial recognition features that will automatically notify users when their photo is posted on the social network, the company said. The new features are being rolled out in the face of growing pressure on the company from regulators in Europe, the US and elsewhere who have criticised Facebook for spreading fake news, fostering hate ...

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Face ID tech gets $390mn boost

Bloomberg Apple Inc. is spending $390 million to boost production from a maker of laser technology that’s critical for new iPhone X features such as facial recognition. Apple, whose products can stretch the manufacturing capabilities of suppliers, will invest the money in Finisar Corp. from a $1 billion manufacturing fund announced earlier this year with the aim of creating more ...

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Samsung to launch smart speaker

Bloomberg Samsung Electronics Co. is aiming to introduce a smart speaker in the first half of 2018, entering a crowded field of voice-controlled devices from Amazon.com Inc., Apple Inc. and Alphabet Inc., people briefed on the plans said. The device by the South Korean technology giant will have a strong focus on audio quality and the management of connected home ...

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Robots multiply in China, surpass 100,000 yearly

Bloomberg China is churning out robots. Annual production of industrial robots surpassed 100,000 for the first time — and it only took 10 months. Shipments were up 67 percent through October compared with a year earlier, state media reported. And there’s more to come: full-year output will reach 120,000 units, according to Ministry of Industry and Information Technology forecasts. China ...

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Space startup raises $90 million for moon mission

Bloomberg Japanese companies are planning to kick-start the lunar economy by backing a local startup’s mission to land on the moon by 2020. Tokyo-based Ispace Inc . said it raised $90 million from some of the country’s biggest businesses, including Japan Airlines Co. and television network Tokyo Broadcasting System Holdings Inc. The funds will be used to send a spacecraft ...

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Apple all set for in-house chip designing

Bloomberg Apple Inc. is designing its own power-management chips for use in iPhones from as early as 2018, reducing its dependence on Dialog Semiconductor Plc, Japan’s Nikkei reported, without identifying its sources. The report sent Dialog plunging the most in almost eight months. Such chips handle charging and power-management functions in smartphones, and UK-based Dialog relies on Apple for about ...

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Amazon brings Alexa voice-command tools to workplace

Bloomberg Amazon.com Inc. announced new voice-activated tools for the workplace, hoping that verbal commands—“Alexa, print my spreadsheet”—will handle common office tasks. Alexa for Business will let users issue voice commands to begin a video conference or print documents, among a multitude of common workplace functions, Amazon said at its cloud computing conference in Las Vegas. “You no longer ever have ...

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‘Internet must have privacy, security and humanity’

Bloomberg Apple Inc. Chief Executive Officer Tim Cook made his first appearance at China’s World Internet Conference, using the surprise keynote to call for future internet and AI technologies to be infused with privacy, security and humanity. Cook made the comments on Sunday at the opening ceremony for the conference—an event designed to globally promote the country’s vision of a ...

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Uber hack shows vulnerability of software code-sharing services

Bloomberg The data breach at Uber Technologies holds a lesson for software developers who use third-party services to store and share code: be careful what you share. Services like San Francisco-based Github Inc., GitLab and SourceForge are used by developers to collaborate on projects, track bugs in code and distribute early versions of applications. They’re a target for cyberthieves. Uber ...

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Swiss bank UBS expands its workforce in ‘AI’

Bloomberg UBS Group AG is expanding its workforce in one of the few areas in banking where demand for talent is growing. “We’re currently recruiting more people for artificial intelligence [AI],” Veronica Lange, head of innovation at Switzerland’s biggest bank, said in an interview in Moscow. “These are data scientists, architects, business analysts.” AI refers to technology capable of performing ...

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