Google has reportedly put together an investment program specifically for artificial intelligence ventures. The venture capital program is led by Anna Patterson, Google's VP of engineering, according to Axios. This fits with Google's statement that it's an "AI first" company.
Uber isn't going to be blocked from operating and advertising in Italy. A court in Rome has ruled in favor of lifting a ban that was placed on the ride-hailing company in early April. After that ban was implemented, it only took a week for another court to put a stop to it.
Music streaming company Tidal continues to have a hard time holding on to its top executives. Jeff Toig, the company's CEO, is leaving. Billboard reports Toig is out and will be replaced shortly. He previously worked at SoundCloud for a couple years before joining Tidal.
Disney wasn't hacked after all. Despite multiple reports from the media and even some support from Disney itself, it turns out the company wasn't breached and none of its upcoming movies were stolen. Hackers were demanding a Bitcoin ransom to prevent the release of the movie.
A $445 million fund is being created by Samsung to help smaller companies located in South Korea, its home country. The fund has been announced shortly after the election of President Moon Jae-in, who claims he'll rein in dominant family-owned companies like Samsung.
Apple is placing an editor-in-chief at the head of Apple News for the first time. Lauren Kern, formerly the executive editor at New York Magazine, is filling the role and will presumably work on curating content. She could help Apple make sure news sources are legitimate.
According to latest reports, Samsung SDS, the IT solutions unit of Samsung Group, has decided to drop plans to sell its home network systems business. The company was in talks with Ireland-based Allegion, but the company either failed to reach an agreement or decided not to go
The ongoing dispute between BlackBerry and Qualcomm is finally over. The popular chipmaker has agreed to pay BlackBerry $940 million to settle a royalty dispute. The company needs to pay the whole amount by May 31, 2017, the same day when the BlackBerry KEYone will launch in the
Action from the Texas legislature is overturning a local rule in Austin that effectively kept Uber and Lyft from operating. In May 2016, the city voted in favor of requiring fingerprint-based background checks. Uber and Lyft both responded by leaving Austin.
Apple will livestream its opening WWDC keynote on June 5, likely revealing to the world a couple new products. You'll be able to watch the stream through Apple's website and on the Apple TV. Viewers don't need to have a developer account to tune in to the event.
Lyft has added a couple Uber Black-like ride hailing options to its service. Users who want to spend more on a premium ride can now utilize Lux and Lux SUV. Those black car options are initially available in five US cities and they'll reach 20 markets in the coming months.
Google is enhancing its advertising system to track the impact that online ads actually have on offline purchases. At its annual advertiser conference, Google announced a tool that'll track the way people spend money in brick-and-mortar stores. Clicks are connected to purchases.
Amid claims of poor working conditions and harassment, Tesla is swapping out its head of human relations. Arnnon Geshuri, who's been with the company for years, is leaving. This comes as Tesla figures out how to deal with allegations of unsafe conditions and other issues.
AdWords advertisers are receiving more granular data for their campaigns, Google has announced. With a new product called Ads Data Hub, campaign managers can receive in-depth information about their advertising efforts. Marketers can tweak their campaigns accordingly.
T-Mobile is working hard to attract consumers way from Verizon. Its latest campaign, called "Get Out of the Red," will help people switch without incurring any fees or losing their device purchased from Verizon. T-Mobile is offering to cover people's early termination fees.
Chaos Computer Club (CCC) recently revealed it had successfully hacked the iris scanner featured on Samsung's Galaxy S8 and S8 Plus. Not long after that hack was revealed, Samsung issued an early statement to some media outlets. Samsung says its technology was rigorously tested.
Apple has filed an application with the FCC to test 5G wireless technology, presumably so that it can improve connectivity on the iPhone. The document was discovered by Business Insider and it reveals Apple is applying for an experimental license to utilize millimeter wave bands.
SoftBank, one of Japan's largest technology companies, has invested $4 billion in chipmaker Nvidia. Bloomberg reports SoftBank is taking a big stake in the company and this investment gives it around 4.9% equity in Nvidia. This investment is part of its Vision Fund.
Uber drivers located in New York City didn't receive their full pay from the company for close to three years. That mistake collectively cost drivers millions of dollars, Uber admitted this week. Uber drivers in the region will get an average of $900 each.
Patent lawsuit rules have been tightened by the Supreme Court, which is likely to have a negative impact on patent trolls. This crackdown on the rules will make it harder for trolls to file their lawsuits in courts that are historically nice to patent holders.