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The Financial Express

Search results for: Sci-tech

Notorious hackers steal $1m in Russian bank raid

Notorious hackers steal $1m in Russian bank raid

-- 2018-07-21 13:53:25

A notorious hacking gang has struck again, stealing almost £700,000 ($910,000) from a Russian bank, reports a cyber-security company. Group-IB was called in to help Russia's PIR Bank after it n...

WhatsApp to limit message forwarding

WhatsApp to limit message forwarding

-- 2018-07-20 12:21:31

Facebook’s WhatsApp is launching a test to limit forwarding messages that will apply to all users, the messaging app said on Thursday, after Indian authorities sought curbs on spread of rumors t...

Alphabet to deploy balloon Internet in Kenya

Alphabet to deploy balloon Internet in Kenya

-- 2018-07-19 15:33:41

Alphabet’s Loon says it would deploy its system of balloons to beam high-speed Internet access with Telkom Kenya from next year to cover rural and suburban populations, marking its first commerc...

Western Digital shuts down hard drive factory as SSD demand spikes

Western Digital shuts down hard drive factory as SSD demand spikes

-- 2018-07-18 20:15:08

With the SSD and NAND flash memory markets booming, Western Digital has made the tough decision to shut down its HDD (hard disk drive) manufacturing factory in Petaling Jaya, Malaysia by the end of 20...

Ruckus unveils LTE-ready, 802.11ax AP

Ruckus unveils LTE-ready, 802.11ax AP

FE Online Desk 2018-07-18 16:19:37

Ruckus Networks has announced the Ruckus R730, the industry's first IoT- and LTE-ready, 802.11ax wireless access point (AP) for public places such as stadiums, train stations and schools. The hi...

Google launches game on Tencent's Wechat

Google launches game on Tencent's Wechat

-- 2018-07-18 15:27:29

Alphabet Inc’s Google said on Wednesday it has launched an artificial intelligence (AI) game on Tencent Holdings Ltd social media app WeChat, as the company continues to show tentative signs of...

Jeff Bezos beats Bill Gates to become world’s richest man

Jeff Bezos beats Bill Gates to become world’s richest man

-- 2018-07-17 19:38:42

Amazon founder Jeff Bezos is now worth $150 billion, according to the Bloomberg Billionaire index. Jeff Bezos's net worth has increased by over $60 billion in the last 12 months, which makes him the...

Walmart takes aim at Amazon with Microsoft cloud deal

Walmart takes aim at Amazon with Microsoft cloud deal

-- 2018-07-17 13:34:16

US retail giant Walmart said on Tuesday it has entered into a strategic partnership with Microsoft for wider use of cloud and artificial intelligence technology, in a sign of major rivals of Amazon.co...

Ex-Apple employee pleads not  guilty in trade secret case

Ex-Apple employee pleads not guilty in trade secret case

-- 2018-07-17 10:18:24

A former Apple Inc employee pleaded not guilty on Monday after federal prosecutors filed an indictment accusing him of stealing trade secrets. Federal officials on July 12 indicted Xiaolang Zhang on...

CLOUDSEC to hold its annual  event in Hong Kong on August 14

CLOUDSEC to hold its annual event in Hong Kong on August 14

FE Online Desk 2018-07-16 14:20:30

CLOUDSEC, the leading internet security conference in Asia Pacific and Europe, is going to hold its eighth annual event in Hong Kong on August 14, 2018. Renowned experts, industry thought leaders, b...

Rolls-Royce joins flying taxi race

Rolls-Royce joins flying taxi race

-- 2018-07-16 14:00:37

British jet engine maker Rolls-Royce has designed a propulsion system for a flying taxi and is starting a search for partners to help develop a project it hopes could take to the skies as soon as earl...

Students develop cheaper obstacle detector for the blind

Students develop cheaper obstacle detector for the blind

-- 2018-07-15 14:49:13

Students from China's Nanjing University of Aeronautics and Astronautics have developed an obstacle detector for the blind with much lower cost, Friday's Science and Technology Daily reported. The in...

Facebook will not remove fake news

Facebook will not remove fake news

-- 2018-07-14 21:14:29

Facebook says it will not remove fake news from its platform because it does not violate its community standards. The social network is currently running an advertising campaign in the UK that declar...

World's largest robot delivers first consignment of iron ore

World's largest robot delivers first consignment of iron ore

-- 2018-07-14 16:04:20

An autonomous train carrying 28,000 tonnes of iron ore has completed its maidan delivery in the Pilbara region of Western Australia, travelling over 280 kilometres from a mine in Tom Price to the Port...

Bezos plans to charge $200,000 for a trip to space

Bezos plans to charge $200,000 for a trip to space

-- 2018-07-13 15:03:57

Jeff Bezos’ rocket company plans to charge passengers about $200,000 to $300,000 for its first trips into space next year, two people familiar with its plans told Reuters news agency. Potential...

Scientists find evidence of earliest human life in China

Scientists find evidence of earliest human life in China

-- 2018-07-12 19:31:56

Scientists say they've found the earliest known evidence of a human presence outside Africa. Stone tools discovered in China suggest primitive humans - or a close relative - were in the region as ear...

Apple charges ex-employee over ‘stealing driverless car secrets'

Apple charges ex-employee over ‘stealing driverless car secrets'

-- 2018-07-12 13:03:13

A former Apple employee has been accused of stealing the company's self-driving car secrets and trying to flee to China with them. Xiaolang Zhang worked on Apple's driverless car project but allegedl...

China launches new Beidou navigation satellite into orbit

China launches new Beidou navigation satellite into orbit

-- 2018-07-11 14:47:11

China sent a new Beidou navigation satellite into orbit on a Long March-3A rocket from the Xichang Satellite Launch Center, in the southwestern Sichuan Province, at 4:58 am Tuesday. The satellite is...

WhatsApp launches ad campaign in India to fight fake news

WhatsApp launches ad campaign in India to fight fake news

-- 2018-07-10 14:33:57

Facebook’s WhatsApp messaging platform on Tuesday published advertisements in key Indian newspapers to tackle the spread of misinformation, its first such effort to combat a flurry of fake messa...

China's Didi, Germany's Continental merge to develop electric vehicles

China's Didi, Germany's Continental merge to develop electric vehicles

-- 2018-07-10 14:25:09

Chinese ride-sharing company Didi Chuxing said on Tuesday it signed an agreement with German automotive supplier Continental AG to jointly develop connected vehicles and design purpose-built electric...

Exoskeletons will guarantee superhuman powers

Exoskeletons will guarantee superhuman powers

-- 2018-07-08 15:47:21

Would you put on an exoskeleton that meant you could run for an entire day without getting tired? What about one that would allow you to stay on your feet longer at work? The technology to give peop...

93pc of people would trust orders from a robot at work

93pc of people would trust orders from a robot at work

FE Online Desk 2018-07-08 12:57:38

People are ready to take instructions from robots at work, according to a new study conducted by Oracle and Future Workplace, a research firm preparing leaders for disruptions in recruiting, developme...

Twitter suspends 70m accounts in two months

Twitter suspends 70m accounts in two months

-- 2018-07-07 12:33:42

Twitter Inc suspended more than 70 million accounts in May and June, and the pace has continued in July, the Washington Post has reported. More than one million accounts were suspended a day in recen...

EU lawmakers reject tough line on copyright reform

EU lawmakers reject tough line on copyright reform

-- 2018-07-06 14:52:40

EU lawmakers have opted not to take a tough line on an EU copyright overhaul aimed at making Google, Facebook and other tech giants share revenues with publishers, broadcasters and artists after lobby...

‘Mass production’ of Baidu’s self-driving buses underway

‘Mass production’ of Baidu’s self-driving buses underway

-- 2018-07-05 14:25:45

One of China's biggest technology companies has declared it has begun mass production of a self-driving bus. Baidu made the announcement after building its 100th Apolong vehicle at its factory in the...

Indonesia bans Chinese video app Tik Tok

Indonesia bans Chinese video app Tik Tok

-- 2018-07-04 14:01:29

Indonesian authorities said on Wednesday they had banned Chinese video app Tik Tok for containing “pornography, inappropriate content and blasphemy”. The ban, which went into effect on Tu...

Oracle empowers customers to embrace cloud innovation

Oracle empowers customers to embrace cloud innovation

FE Online Desk 2018-07-03 14:16:32

Oracle (NYSE: ORCL) on Tuesday unveiled a free digital learning platform designed to help customers quickly and easily take advantage of the continuous innovation within Oracle Cloud Applications. De...

Lyft enters bike-sharing business with Motivate deal

Lyft enters bike-sharing business with Motivate deal

-- 2018-07-03 13:53:33

Lyft Inc said on Monday it would buy bike-share operator Motivate as the ride-hailing company tries to fend off competition arising from rival Uber Technologies Inc’s purchase of electric cycle-...

HTC to slash 1,500 jobs in Taiwan

HTC to slash 1,500 jobs in Taiwan

-- 2018-07-02 17:23:32

Smartphone maker HTC plans to slash around a quarter of its global workforce through job cuts at its manufacturing unit in Taiwan. The electronics company is planning the job cuts in a bid to better...

AI to control fake news in Mexico election

AI to control fake news in Mexico election

-- 2018-07-01 13:56:49

An AI-powered search tool is being used to monitor fake news and polling station problems in Mexico's elections. Krzana is being used by the Verificado 2018 initiative which was set up by Mexican med...