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A general view of a Wal-Mart store in Mexico City, April 24, 2012. Reuters/Edgard Garrido/Files Wal-Mart Stores Inc (WMT.N), vying to better challenge Amazon.com Inc (AMZN.O), will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup. The deal disclosed on Monday follows a five-year e-commerce acquisition spree in which Wal-Mart, the world’s biggest traditional retailer, […]

INTERNATIONAL. EY announces the launch of its Commercial Analytics Services Hub (EY CASH). This cloud-based analytics platform helps consumer products and retail (CPR) companies accelerate growth by predicting consumer choice to inform key decisions. EY CASH combines the professional services organization’s sector experience with the flexibility, scalability and enhanced security of the Microsoft Azure cloud and Cortana Intelligence. With 73% of CPR companies finding profitable growth far […]

Quantum computing remains mysterious and elusive to many, but USC Viterbi School of Engineering researchers might have taken us one step closer to bring such super-powered devices to practical reality. The USC Viterbi School of Engineering and Information Sciences Institute is home to the USC-Lockheed Martin Quantum Computing Center (QCC), a super-cooled, magnetically shielded facility specially built to house the first commercially available quantum optimization processors — […]

Nobody likes managing passwords — remembering, maintaining and regularly changing them is a chore that most computer users avoid. Now, Canadian software developer AgileBits is aiming to make that chore easier — or at least cheaper. AgileBits’ 1Password password manager now has a new subscription plan for individuals. AgileBits’ family and team password management platforms have been successful, so now it has introduced a service that’s aimed […]

The 80s-era BMW K100 is a fairly unexciting dad-bike built for reliable road cruising. But, now that it’s reached middle age, it’s becoming a popular, affordable custom platform. Italy’s Unit Garage is now offering garage-build kits that convert the K100 into a classic 70s style scrambler, with a high-exit 4-into-1 exhaust, a shortened seat assembly, bobbed fenders, moto bars, Dakar-style graphics and more. via Let’s block ads! […]

A Yahoo logo is pictured in front of a building in Rolle, 30 km (19 miles) east of Geneva, December 12, 2012. Reuters/Denis Balibouse/File photo Verizon Communications Inc will announce an agreement on Monday to buy Yahoo Inc for about $5 billion, according to a person familiar with the matter. The announcement will come before the start of New York trading hours, the source added. The deal […]

For the past few years, scientists around the world have been studying ways to use miniature robots to better treat a variety of diseases. The robots are designed to enter the human body, where they can deliver drugs at specific locations or perform precise operations like clearing clogged-up arteries. By replacing invasive, often complicated surgery, they could optimize medicine. EPFL scientist Selman Sakar teamed up with Hen-Wei […]

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Well that didn’t take long. Just two years after its debut as a standalone app, Facebook is reporting that Messenger has reached more than 1 billion active monthly users. That’s in addition to the more than 1 billion users on WhatsApp, the company’s other popular messaging app. Facebook’s main app, with 1.5 billion active monthly active users, is believed to be the single most popular iOS app […]

By transitioning Skype from a peer-to-peer architecture to a cloud-based one, Microsoft aims to enable the messaging and file-sharing service to better keep up with changing technologies and user habits. While the move hasn’t been completed yet, changes made so far have already helped support a number of new features on Skype, including mobile group video calling, near-real-time translations of conversations and bots for automated, artificial intelligence-powered […]

|By Matein Khalid|Brexit will have a profound impact on international banking. It was no coincidence that the shares of UK, German, Swiss, Italian, Spanish and other banks fell 20-25% in a single trading session on news of Brexit. Even American money center banks and investment banks with a large footprint in the City of London fell 8 – 10% on Friday, June 24, 2016. As Deutsche Bank […]

INTERNATIONAL. Stock markets received a welcome boost during trading on Thursday following the Bank of England’s decision not to change interest rates which eased the ongoing Brexit fears, consequently lifting risk sentiment. Asian markets were elevated in the early sessions of Thursday after China’s better than expected GDP results alleviated concerns over slowing economic growth in the world’s second largest economy. Although European markets initially tumbled after […]

A virtual map of Bryant Park is displayed on the screen as a man plays the augmented reality mobile game ”Pokemon Go” by Nintendo in New York City, U.S. July 11, 2016. Reuters/Mark Kauzlarich/File Photo MEXICO CITY A Mexican taxi driver has jumped on the Pokemon GO craze sweeping the world by driving smartphone-armed customers around in search of the augmented reality game’s target creatures. The mobile […]

Efforts to upgrade U.S. communications infrastructure to 5G technology got a big boost from the federal government today. The Obama Administration just announced the launch of a $400 million Advanced Wireless Research Initiative, led by the National Science Foundation (NSF), designed to accelerate the deployment of next-generation wireless technology. The program will invest in efforts by researchers experimenting with and testing novel technologies, applications and services capable […]

Scientists at Queen Mary University of London (QMUL) have made an object disappear by using a composite material with nano-size particles that can enhance specific properties on the object’s surface. Researchers from QMUL’s School of Electronic Engineering and Computer Science, worked with UK industry to demonstrate for the first time a practical cloaking device that allows curved surfaces to appear flat to electromagnetic waves. While the research […]

The United Nations headquarters building is pictured though a window with the UN logo in the foreground in the Manhattan borough of New York August 15, 2014. Reuters/Carlo Allegri/Files ROME (Thomson Reuters Foundation) – From a smartphone app delivering market prices to Guatemalan farmers to online nutrition tips in rural Colombia, the push to end hunger has entered a new era with the U.N. food agency deploying […]

The logo of free messaging app Line is pictured on a smartphone and the company’s stuffed toy in this photo illustration taken in Tokyo, Japan, September 23, 2014. Reuters/Toru Hanai/Illustration/File Photo TOKYO Japanese messaging app firm Line Corp priced its initial public offering at the top of its marketed range, putting it on track to raise as much as $1.3 billion and reflecting robust appetite for the […]

The logo of Facebook is seen at the Cannes Lions Festival in Cannes, France, June 23, 2016. Reuters/Eric Gaillard Facebook Inc on Friday said it began testing end-to-end encryption on its popular Messenger application to prevent snooping on digital conversations. The limited testing on Messenger, which has more than 900 million users, comes three months after Facebook rolled out end-to-end encryption to its more popular WhatsApp, a […]

Tech giant Google made a bid to expand its cloud services offerings to big media companies yesterday with the announcement that it has acquired Anvato. The company provides a software platform that automates the encoding, editing, publishing, and distribution of video content across multiple platforms. The Mountain View, Calif. startup has already won over some major media companies on its own, including NBC Universal, Fox Sports, and […]

The logo of Facebook is seen at the Cannes Lions Festival in Cannes, France, June 23, 2016. Reuters/Eric Gaillard The U.S. Internal Revenue Service is examining Facebook Inc over its transfer of various rights associated with its worldwide business to a holding company in Ireland, according to court papers. The U.S. Justice Department filed a lawsuit on Wednesday in federal court in San Francisco seeking to enforce […]

Pivotal, the developer of the Cloud Foundry open source cloud development platform, is teaming up with Canonical, the company behind the popular Ubuntu Linux distribution. Announced today, the partnership means that Ubuntu is now the preferred operating system for Cloud Foundry. Cloud Foundry was originally developed by VMware and is now owned by Pivotal Software, a joint venture by EMC, VMware and General Electric. Canonical and Pivotal […]

Despite some setbacks with an earlier program aimed at getting more people online, Facebook is pushing ahead with a new effort to provide wireless Internet access to remote parts of the world: the OpenCellular wireless access platform. Designed to support a variety of connection options from 2G to LTE, the OpenCellular system will be open sourced so telecom operators and other organizations can more easily build locally […]

|By Matein Khalid| David Cameron, Wall Street’s elite, Mutti Merkel, Obama, the Eurocrats of Brussels, the great and the good of the City and the IMF’s Lady Christine all got it so horribly wrong. I slept Thursday night with sterling at 1.50 on New York and awoke to see it trade at 1.34 on Friday, a 30 year low before the Plaza Accords. Britain has voted to […]

Chipmaker Qualcomm is expanding its support for Google’s new mobile virtual reality technology, Project Tango, with today’s announcement that the technology will be supported on its popular Snapdragon 820 processor, along with future processors in the Snapdragon 600 and 800 tier. “Tango is an excellent example of the innovative thinking that delivers valuable next-generation mobile experiences today,” Brent Sammons, senior marketing manager at Qualcomm, wrote on the […]

A mobile phone shows a Facebook page promoting Hillary Clinton for president in 2016, in this photo illustration taken April 13, 2015. Reuters/Mike Segar As the U.S. presidential campaign heats up, Facebook Inc is going out of its way to show its neutrality – an increasingly urgent matter for the social network as evidence of its power continues to emerge. Recent studies have shown the site has […]

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