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Nokia sues Apple to escalate mobile-patent licensing battle

  Bloomberg Nokia Oyj sued Apple Inc. saying the iPhone maker infringed several mobile patents, turning simmering tension between the companies into a bitter public legal battle on multiple fronts. The Finland-based company said Apple agreed to license patented inventions in 2011 but has refused to extend those agreements that are now expiring. Nokia filed complaints with the German Regional ...

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Tesla raises UK prices after Brexit vote

  Bloomberg One of the world’s most devoted gearhead clubs is about to get a little pricier in the UK as a result of the country’s vote to leave the European Union. Tesla Motors will increase prices in the UK by 5% in 2017, a move attributed to the falling pound and described as “due to curre- ncy fluctuations,” a ...

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Fox’s Sky purchase to face EU review in March soonest

  Bloomberg European competition authorities may be formally notified of 21st Century Fox Inc.’s bid for the rest of Sky Plc in March at the earliest, setting off reviews of the $14.5 billion deal, according to a person familiar with the matter. The companies’ filing to the EU allows regulators to check whether the deal might harm competition. It would ...

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US economic growth revised up to 3.5% in third quarter

  Bloomberg The US economy expanded more than previously reported last quarter on bigger contributions from a range of factors including services spending, intellectual property and construction by state and local governments. Gross domestic product rose at a 3.5 percent annualized rate in the three months ended in September, compared with a prior estimate of 3.2 percent, Commerce Department figures ...

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Honda in talks with Google’s Waymo on self-drive tech

  Bloomberg Honda Motor Co. said it is talking to Waymo, the autonomous driving unit of Google parent Alphabet Inc., to try to strike a deal that would put its self-driving technology into some of the Japanese automaker’s cars. Both companies stressed that the talks are about research, rather than full production vehicles, at this point. If all goes well, ...

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Is smart mirror a true reflection of tech trends?

  Bloomberg We already have smartphones, smartwatches, smart lights, smart ovens and smart TVs, and at CES 2017, Miliboo Corporation will be hoping that the smart mirror will be the next gadget to make a connection with consumers. Crowdfunding sites Kickstarter and Indiegogo are littered with failed attempts to take smart mirrors mainstream, but where others have stumbled, Miliboo believes ...

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Beyond Yahoo hack: Other major data thefts

  New York / AP The latest Yahoo hack exposed personal details from more than 1 billion user accounts, the largest known data breach in history. Despite the size of the break-in, which apparently dates back to August 2013, attackers don’t appear to have accessed obviously sensitive information such as financial data or Social Security numbers. Here’s how the Yahoo ...

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LG to come up with five new affordable handsets

  Relaxnews LG is bringing five new handsets of different shapes and sizes to January’s consumer technology extravaganza that all have two things in common: they’re focused on premium features but at an affordable price point. The new phones are, according to LG, a genuine effort to bring a host of flagship features, such as fingerprint scanners and latest generation ...

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Sharjah Chamber, China council to build long-term partnership

  SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) signed a Memorandum of Understanding (MoU) with China Council for the Promotion of International Trade, to establish a long term partnership, involving economic collaboration in various sectors. The MoU, which aim to enhance Sharjah’s ties with international trade partners, will pave the way for a unique and mutually ...

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