Shortly after Imagination Technologies announced new GPUs and a standalone neural network accelerator, the company has confirmed that it will be acquired by CBFI Investment Limited, a wholly-owned subsidiary of funds managed by Canyon Bridge Capital Partners.
Tesla is interested in turning its Supercharger locations into convenience stores, providing visitors with easy access to food and coffee. It's working to attach small stores and potentially even restaurants to the charging spots. Tesla first discussed this in its Q2 call.
The movie playback period for iTunes rentals is doubling, Apple has announced. Consumers can now view their rented movies for a period of 48 hours, up from the prior 24-hour limit. The clock starts ticking once you first hit play. This follows other rental improvements.
T-Mobile and Sprint aren't just lightly discussing a merger, they may actually be close to an agreement, reports Reuters. A merger of those carriers has been in discussion for years, but with the introduction of the Trump administration to the equation, it's become plausible.
A fair portion of the upcoming electric vehicles from Mercedes-Benz are going to be built in the United States, partly with a new $1 billion investment from Daimler AG, its parent company. Daimler is investing that money in a 20-year-old Alabama factory.
With interest in Hyperloop technology continuing to increase, one of the few large companies working in that space, Hyperloop One, has received another big investment. It's landed $85 million in funding from DP World, Caspian VC Partners, WTI, and others.
Your shopping in the real world could have a direct impact on the ads you see on Facebook. The social network has introduced new advertising tools, among which are ones allowing companies to target you if you've recently been to one of their retail locations.
A 4,000-mile transatlantic internet cable from Facebook and Microsoft, known as "Marea," is now complete. It connects North America with the mainland of Europe. With its 160 Tbps capacity, the cable will help cloud services provide optimal service in the European region.
Uber has lost its ability to operate in one of its largest European markets, London. The ridehailing service was told by the region's transport regulator (TfL) that it's not "fit and proper to hold a private hire operator license." It's going to appeal the decision.
HP Enterprise is trying to significantly reduce its expenses and one measure it'll take is cutting 5,000 employees, reports Bloomberg. Those layoffs cover around 10% of the company's workforce. HP Enterprise plans to start cutting employees this year.
Facebook and Amazon could be among those bidding for the rights to stream English Premier League matches, though the rights would only cover UK and European broadcasting. NBC acquired the American streaming rights in 2015 and will have them through the 2021-22 season.
FCC chairman Ajit Pai has proposed lowering the US' broadband standards from 25 Mbps to 10 Mbps, allowing lower levels of service to count as "broadband." This plan is "crazy," according to FCC commissioner Jessica Rosenworcel, a democratic member of the agency.
Following the revelation that Facebook allowed advertisers to target people based on hateful ideologies (i.e. targeting people self-identified as "Jew hater"), COO Sheryl Sandberg has come out to explain the mistake. Sanberg said there's no place for hate on the network.
Developers are going to receive 100% of the revenue from their Viveport VR app sales during the fourth quarter of 2017, HTC has announced. Typically the company takes a 30% cut, with developers only receiving 70% of the revenue. That'll temporarily change for the holiday season.
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.