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 ...
Read More »Technology
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 ...
Read More »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 ...
Read More »Chinese startup EHang develops flying car, to be rolled out in 2018
Bloomberg A Chinese startup has developed a flying car that it plans to roll out as soon as next year. EHang Inc.’s E-184 drone can carry one passenger in its small cockpit, but the firm says it’s working on a model that can carry two. EHang’s CEO Hu Huazhi says they’ll be in operation as “taxi drones†in Dubai in ...
Read More »Apple’s HomePod stays 3 years behind Amazon’s Echo
Bloomberg Apple Inc. audio engineers had been working on an early version of the HomePod speaker for about two years in 2014 when they were blindsided by the Echo, a smart speaker from Amazon.com Inc. with a voice-activated assistant named Alexa. The Apple engineers jokingly accused one another of leaking details of their project to Amazon, then bought Echos so ...
Read More »Tesla unveils all new electric Semi truck
Bloomberg Tesla Inc.’s Elon Musk is showing the world a big rig-worth of reason to take seriously his master plan to electrify all the major forms of “terrestrial transport.†The electric-car maker offered scant detail ahead of his remarks, saving information such as range, price and production plans for Musk to announce. The company did say the truck will offer ...
Read More »Volkswagen earmarks $40 billion for self-driving, electric-vehicle push
Bloomberg Volkswagen AG will spend more than 34 billion euros ($40 billion) over the next five years to develop automotive technology for an era of electric robo-taxis. With the unprecedented investment through 2022, Volkswagen is accelerating its push into battery-powered vehicles, autonomous-driving features and ride-hailing systems, the Wolfsburg, Germany-based company said in a statement. Volkswagen is seeking to defend its ...
Read More »AT&T deploys ‘Flying COW’ in Puerto Rico
Bloomberg AT&T Inc. has deployed a drone to act as a “cell tower in the sky†to help provide communication services in hurricane-ravaged Puerto Rico, the first time the technology has been used to reconnect residents after a disaster, the company said. The Federal Aviation Administration announced its approval for the use of the vehicle, which resembles a small helicopter. ...
Read More »Apple to target rear-facing 3-D censor for 2019 iPhone
Bloomberg Apple Inc. is working on a rear-facing 3-D sensor system for the iPhone in 2019, another step towards turning the handset into a leading augmented-reality device, according to people familiar with the plan. Apple is evaluating a different technology from the one it currently uses in the TrueDepth sensor system on the front of the iPhone X, the people ...
Read More »iPhone X parts cost $115 more
Bloomberg The components in Apple Inc.’s new iPhone X cost $115 more than the guts of the iPhone 8 due to its pricey new screen and facial recognition scanner, according to an analysis by IHS Markit Inc. The total bill of materials for the base model iPhone X with 64 gigabytes of storage is $370.25, according to IHS’s report, excluding ...
Read More »