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Technology News Update Technology News  
RSS 6 |  Technology News

The power of Google and Amazon looms over tech IPOs

After a years-long drought, a wave of technology start-ups — Uber, Lyft, Pinterest and more — are going public, evidence that the sector is thriving. But there’s a shadow hanging over almost all of them.

Seventeen of the 22 tech initial public offerings that aimed to raise $100 million or more

:: Read More
(Published: Mon, 1 Jul 2019 12:35:00 PDT)

The next housing bubble could come from this technology

A decade after the housing crash, it is now possible to buy or sell a house with the click of a mouse. If the practice catches on, it could lead to a far more efficient and affordable housing market — or another devastating bubble.

So-called iBuying (short for “instant buying”) involves firms using

:: Read More
(Published: Mon, 1 Jul 2019 12:05:00 PDT)

How Jony Ive, Apple’s design guru, planned his own obsolescence

Jonathan Ive led Apple’s product design for decades, from the Technicolor iMac that revived the company’s fortunes in the late ’90s to the softly minimalist iPhone that turned Apple into one of the world’s largest companies.

For nearly half that time, he’s been trying to leave.

As early as 2007,

:: Read More
(Published: Fri, 28 Jun 2019 12:20:00 PDT)

Jony Ive’sexit from Apple raises questions about its future

When Jony Ive became leader of Apple Inc.’s design studio in 1996, the company was in a precarious state. It was slashing thousands of jobs to cut costs, and many on Wall Street thought the “insanely great” company had simply gone insane — and might soon go out of business.

Within two years, the

:: Read More
(Published: Thu, 27 Jun 2019 17:00:00 PDT)

Trump’s next tweet could come with a warning label

President Trump’s next tweet might come with a warning label.

Starting Thursday, tweets that Twitter Inc. deems to involve matters of public interest but that violate the service’s rules will be obscured by a warning explaining the violation and Twitter’s reasons for publishing it anyway. Users

:: Read More
(Published: Thu, 27 Jun 2019 09:30:00 PDT)

Mark Zuckerberg to regulators: We need your help to protect elections

As public trust in Facebook’s ability to wield its power responsibly has fractured in the face of a series of privacy breaches and other scandals, the company has been facing fresh calls for regulation from numerous quarters of the federal government.

But on one of the biggest issues leading to

:: Read More
(Published: Wed, 26 Jun 2019 17:10:00 PDT)

Wayfair sells beds to furnish border camps. Its employees are walking out in protest

Employees of the online furniture retailer Wayfair are planning a walkout on Wednesday to protest the company’s sale of more than $200,000 in bedroom furniture to a detention center for migrant children in Texas.

“We don’t want to be profiting off of something that’s putting so many lives at risk

:: Read More
(Published: Tue, 25 Jun 2019 13:45:00 PDT)

Treat workers as employees? Uber, Lyft and others are scrambling for a compromise

Faced with a looming threat to their way of doing business, Uber, Lyft and other major on-demand companies are trying something they’ve historically been reluctant to do: seeking compromise.

Anxious to preserve the freelance work arrangements upon which they’ve built their vast workforces, these

:: Read More
(Published: Sun, 23 Jun 2019 04:00:00 PDT)

Walmart and Amazon want to see inside your house. Should you let them?

The war for the e-commerce shopper is fought on the battlefield of convenience. One-click ordering, same-day delivery, automatic toilet paper refills: There’s no pain point so small someone won’t pay to do away with it.

Although shopping online may be hassle-free, getting those orders delivered

:: Read More
(Published: Fri, 21 Jun 2019 04:00:00 PDT)

Slack is valued at $19.5 billion after its stock-market debut

A parade of initial public offerings from Silicon Valley this year has garnered mixed receptions from investors. Slack Technologies Inc. took a different route Thursday and saw its shares soar as it went public without an IPO.

The shares opened at $38.50 on the New York Stock Exchange, well above

:: Read More
(Published: Thu, 20 Jun 2019 15:50:00 PDT)

Apple, vulnerable to tariffs on Chinese goods, asks Trump administration to stop

Apple Inc. urged the Trump administration not to proceed with tariffs of as much as 25% on a new slate of products imported from China, saying it would reduce the tech giant’s contribution to the U.S. economy.

The Cupertino, Calif., company made the plea in a letter to U.S. Trade Representative

:: Read More
(Published: Thu, 20 Jun 2019 11:55:00 PDT)

Why Facebook wants its own currency — and why that scares its critics

As one scandal after another has chipped away at trust in his company over the past three years, Facebook CEO Mark Zuckerberg has adopted a public pose of penitence, promising to take more responsibility for its power and put users’ privacy at the center of its products.

Anyone who wondered if

:: Read More
(Published: Tue, 18 Jun 2019 15:40:00 PDT)

Facebook plans its own cryptocurrency, Libra, for 2 billion-plus users

Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too.

The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its

:: Read More
(Published: Tue, 18 Jun 2019 06:40:00 PDT)

CrowdStrike soars in its stock market debut as tech IPOs rush ahead

Software maker CrowdStrike Holdings Inc. soared in its trading debut Wednesday after raising $612 million in one of the biggest-ever initial public offerings for a cybersecurity company.

Shares opened at $63.50 and rose as high as $67 — up as much as 97% from their $34 IPO price. The shares ended

:: Read More
(Published: Wed, 12 Jun 2019 16:35:00 PDT)

Bird buys Scoot — and a back door into San Francisco’s rental scooter market

Perpetual gridlock in Los Angeles and San Francisco has inspired a booming industry of on-demand electric rental scooters, now a familiar sight whizzing along sidewalks and bike lanes in cities around the world.

But there’s a limit to how much congestion the e-scooter market can bear.

In a deal

:: Read More
(Published: Wed, 12 Jun 2019 14:20:00 PDT)

U.S. antitrust chief blasts Google and Amazon, citing historic breakups

The Justice Department’s antitrust chief came out swinging against Google and Amazon on Tuesday, calling big technology companies “digital gatekeepers” that may struggle to defend themselves by arguing their products are free or really cheap.

Makan Delrahim, who recently launched an investigation

:: Read More
(Published: Tue, 11 Jun 2019 14:20:00 PDT)

Why a ban on Huawei is being ignored by some of the oldest U.S. allies in Asia

On the site of a former World War II garrison where the U.S. Army trained local troops — and later firebombed tunnels to drive out occupying Japanese soldiers — the Philippines has built a shining symbol of its modern ambitions, a master-planned commercial district billed as one of the safest in

:: Read More
(Published: Mon, 10 Jun 2019 03:00:00 PDT)

Google says ban on Huawei creates U.S. national security risks

Google has warned the Trump administration that pushing ahead with sweeping export restrictions on Huawei would risk compromising U.S. national security, as the American technology giant seeks to continue doing business with the blacklisted Chinese tech titan.

Senior executives at Google are pushing

:: Read More
(Published: Fri, 7 Jun 2019 11:05:00 PDT)

California considers ban on facial recognition’s new frontier: police body cameras

Facial recognition’s first blanket ban arrived in May, when San Francisco became the only city in the nation to bar police and other agencies from using the technology.

Now the powerful software, which uses machine learning algorithms to automatically track human faces in digital footage and match

:: Read More
(Published: Fri, 7 Jun 2019 04:00:00 PDT)

YouTube's purge of white supremacist videos also hits anti-racism channels

YouTube’s campaign against hateful and racist videos is claiming some unintended victims: researchers and advocates working to expose racist hatemongers.

A video published by the Southern Poverty Law Center was among those taken down after the company announced plans Wednesday to remove more videos

:: Read More
(Published: Thu, 6 Jun 2019 16:20:00 PDT)

( Source: )

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