Microsoft is reportedly going to open its first retail store in London, UK. A report in RetailWeek reveals the company is looking to secure a building at the well-known shopping venue Oxford Circus. It could sign a 10-year lease for the location by early October.
Twitter will give public testimony in front of the Senate Intelligence Committee on the topic of Russian interference in the 2016 election. It's going to meet with Senators next Wednesday to discuss how common bot accounts are on the popular network.
HTC isn't the only country that is having financial problems. According to DigiTimes, the company has had the worst quarterly profit in seven years for the second quarter of 2017. Profit was down to US$68.14 million, which was roughly half of the profit for the same quarter in
It was obvious that at some point, HTC would have to sell its smartphone business and the first buyer in the line was Google. The two companies have now announced that they have reached a deal and that Google would pay $1.1 billion in cash to acquire the smartphone division from
In its trade secret case against Uber, Alphabet's Waymo will be seeking at least $2.6 billion in damages, according to Reuters. That figure was revealed by an attorney on Uber's side during a court hearing on Wednesday. Waymo is seeking that amount for just one secret.
Delphi's upcoming autonomous driving platform, which will be made available to car manufacturers starting in 2019, is going to use BlackBerry QNX as its operating system. Their partnership was announced by Delphi this week. BlackBerry has worked in this area for years.
The Senate Intelligence Committee expects representatives from Facebook to testify in hearings pertaining to Russia's impact on the 2016 presidential election, reports Bloomberg. That testimony could provide us with more information about the way Russian groups used Facebook.
Sprint and T-Mobile are moving forward with negotiations for a merger, reports CNBC, and it appears quite possible the companies will attempt to join together. If they were to merge, the combined wireless carrier would have a much better market position against Verizon and AT&T.
The UK requested WhatsApp add an encryption backdoor to its service, but the Facebook-owned company refused, reports Sky News. WhatsApp continues to oppose measures that'd legitimately degrade the protection afforded by its encryption, so compliance wasn't possible.
Music streaming services have grown significantly in the past few years and while there are free streaming options, such as Spotify's ad-supported tier, many people are fine paying for ad-free listening. A recent report from the RIAA found there are 30.4 million subscriptions.
A former Tesla employee who worked at the company's Fremont factory is suing due to Tesla's alleged practice of cheating employees out of their shares. Stephen Platt says he was fired one day before his shares were scheduled to vest following 12 months of employment.
Google's AI chief John Giannandrea doesn't share Tesla CEO Elon Musk's concern about a possible "AI apocalypse." Instead, he actually feels discussions of that sort are "unwarranted" and really aren't responsible, presumably because they could generate fear.
Toshiba's board of directors has approved an $18.9 billion acquisition of the company's memory chip business, says the Financial Times. Bain Capital, a private equity group, is leading the deal with the help of funds from a range of other big players.
As Uber faces an investigation from the Department of Justice into claims that the company bribed foreign officials, Uber itself has started an investigation. The ridehailing service's internal probe will look into the possibility that executives bribed officials around Asia.
Sources within HTC have revealed the company is preparing for an important employee meeting tomorrow. As we've heard throughout September, HTC could be about to announce a takeover by Google. This possibility is supported by the company suspending trading.
Google.org has established a $5 million innovation fund that'll contribute money to researchers and organizations working on ways to combat "hate and extremism." That money adds to the funds Google has already dedicated to fighting those issues on its own platforms, like YouTube.
Facebook has opened a new AI research lab in Montreal, Canada. It will initially have just ten employees, but that'll increase to around 30 within a couple years. Joelle Pineau, an associate professor at McGill University, is leading the lab while continuing to work in academia.
Three Equifax executives sold off $1.8 million in shares before the company announced a massive security breach. Because of the suspicious timing, an investigation has been launched by the Department of Justice. They got rid of their shares shortly after the breach was found.
More than $1 billion has been invested in artificial intelligence (AI) startups by Intel's investment fund, Intel Capital. Among the companies that have received funding are Mighty AI, Lumiata, and AEye. The companies receiving money from Intel are focused on AI.
Microsoft is holding a mixed reality-centric event on October 3 in San Francisco. The company invited a small number of journalists to the event without describing its contents. It's unknown if we are going to see any new hardware during this presentation.