Technology News

Vessel opens its doors to public

Vessel opens its doors to public

Vessel, the new online video subscription service built by former Hulu boss Jason Kilar, was launched Tuesday. The new service provides early access to videos from YouTube stars through a monthly subscription fee. People who are willing to pay $2.99 per month will get content from popular YouTube stars 72 hours before public launch.

The service in private beta debuted Tuesday and is available to everyone on both web and iOS. Anyone who signs up with Vessel by 3am EDT Friday will receive a one-year subscription for free.

Consumers now watch more video on mobile devices, and YouTube has become the definite leader to deliver the service.

North Dakota attracts Drone Manufacturers

North Dakota attracts Drone Manufacturers

Air Force bombers aren’t flying over the Grand Forks Air Force Base anymore, but a buzz is being created by drones, say backers of the first unmanned aircraft business park in the US. The Grand Sky grounds will start witnessing the construction during May.

U.S.-based and international companies have already started applying for position in the 1.2 million-square-foot park, which is near the former alert pad where bombers and tankers were poised for takeoff on a moment's notice.

Testing of unmanned aircraft in North Dakota makes it one of six sites to do so. Research is on to develop drones for a wide range of applications, like farming, law enforcement, energy, infrastructure management, public safety, coastal security, military training, search and rescue and disaster response.

General Motors’ Teen Driver System will help Parents keep an Eye on Teens

General Motors’ Teen Driver System will help Parents keep an Eye on Teens

Detroit headquartered General Motors Company announced on Friday that it has built a new Teen Driver system that automatically mutes the radio when passenger sitting on the front seat is not buckled up. The new system also gives a report card to parents about their teens' trip. According to the company, the new system will be in on its redesigned 2016 Chevrolet Malibu.

While giving information about the new system, the company said that the Teen Driver system also gives audible and visual warning to the driver if vehicle travels over pre-set speeds by parents. Volume of the radio could also be set to a lower level that cannot be exceeded, as per the company.

All about Mercedes F 015 Self-Driving Car

All about Mercedes F 015 Self-Driving Car

Mercedes wants to offer people an experience wherein they can imagine sitting comfortably in a luxurious automobile, with ample space, having face to face conversation with leg room to spare, checking email or completing up that work project, while the car they are taking to meeting is cruising along with no driver at the wheels.

This is the experience that Mercedes wants to offer with its F 015 Luxury in Motion, a computer-driven autonomous vehicle. According to experts, driving will no longer be needed in car transportation. It is going to be the place to socialize, relax, work and do anything and everything, excluding to pay attention to the road and other drivers, safety lights and speed zones.

Alibaba to introduce ‘Smile to pay’ technology that will allow users to pay using Selfie

Alibaba to introduce ‘Smile to pay’ technology that will allow users to pay

A mobile purchase security system is being developed by Chinese e-commerce merchant Alibaba. The security system would authenticate payments by matching a photo taken by the user at the time of purchase with one stored on their smartphone.

The technology is currently being tested by Ant Financial, an Alibaba affiliate that runs the Alipay payment service, which is China's largest online and mobile payments service.

Apart from the new selfie-based payment scheme, Ant Financial is also developing another voice-command activated verification method before purchasing online.

The facial-recognition payment system called 'Smile to Pay' was demonstrated by Jack Ma, founder and CEO of Alibaba Group Holdings, at the CeBIT 2015 conference in Germany this week.

Apple is working on an online TV service

Apple is working on an online TV service

Consumer electronics company Apple could soon launch an online TV service. The Apple TV set is coming and that rumor has been revived once again with the report that the company is working on an online TV service.

According to Brian White, an analyst with the investment bank of Cantor Fitzgerald, the imminent coming of a TV set from the company has taken on the mythical status of attempting to spot a 'golden-horned unicorn' in the forest.

"We believe a potential streaming TV service and offerings such as HBO NOW pave the path for even bigger ambitions for Apple with a full blown TV that allows the company to completely control the user experience", White wrote in a note to investors.

FTC did not sue Google to avoid a tough case

FTC did not sue Google to avoid a tough case

According to The Wall Street Journal, FTC staff was aware that Google has misused its dominant position in the market and it has used it for anti-competitive decisions. The report mentioned that experts at a federal regulatory agency concluded this in 2012 but still no further inquiry was conducted.

However, Google ignored a big antitrust fight since the Federal Trade Commission (FTC) didn't precede a legal action it on basis of those findings. In 2013, the FTC concluded a two-year investigation into the company's online monopoly power.

Cher Wang is new CEO of HTC

Cher Wang is new CEO of HTC

In a management reshuffle, HTC Chairwoman and co-founder Cher Wang has been stepped up as the company's new chief executive. The announcement came on Friday.

The Taiwanese electronics maker, in a press release, said that Cher Wang, Chairman and co-founder of HTC, is replacing Peter Chou. Now, Chou will be getting a "strategic" position in product development as the leader of HTC's Future Development Lab.

According to the company, in the last two years, Chou's main attention was on product development, while he handled over more of his chief executive responsibilities to Wang.

The company said that both the board of directors and executive team has decided that the time has come to formalize and finalize the changes in corporate position.

Sharp is eyeing to cut 6,000 jobs this year

Sharp is eyeing to cut 6,000 jobs this year

Japanese consumer electronics company Sharp is again planning to lay off employees both at home and abroad divisions as the firm witnessed more losses in the fiscal year ending March 31.

According to Japan's Nikkei newspaper, the electronics giant would cut around 6,000 jobs, half of which would be in Japan through early retirement while the rest would be overseas, especially in the US.

The report about layoffs came as Sharp was expected to post a net loss of 200 billion yen ($1.65 billion) for the current financial year that will end this month. This would be the third annual loss in four years on the back of price competition with Chinese and South Korea rivals.

Apple to Join 29 other Dow Jones Industrial Average stocks

Apple to Join 29 other Dow Jones Industrial Average stocks

Technology gaint Apple will join Dow Jones Industrial Average (DJIA) stocks after the close of trading March 18. The maker of iPhone and iPad will replace AT&T, which is a Dow member for nearly 100 years.

DJIA, which is also called Dow 30, is a stock market index and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow.

The index was created in 1896 and is based on the share prices of the 30 companies in the average. Since DJIA comprises only 30 firms, the change of just one or two components in the index can make a major difference in the metrics for the entire index.

FCC Announces Timeout on Comcast-Time Warner Cable and AT&T-DirecTV mega-mergers

FCC Announces Timeout on Comcast-Time Warner Cable and AT&T-DirecTV mega-mergers

The US Federal Communications Commission (FCC) said that it will take some time before it announces a decision about the proposed merger Comcast and Time Warner Cable (TWC) and AT&T's acquiring DirecTV.

The agency said that it would announce the results of its three-month long review of both the mergers by the end of March, but now it has taken time-out due to legal issues. The companies involved in the mergers are not in the favor to release records of video-programming contracts with suppliers.

Nintendo enters alliance with DeNA to develop new games for mobile devices

Nintendo enters alliance with DeNA to develop new games for mobile devices

On Tuesday, Japanese electronics and gaming company Nintendo announced that it is entering an alliance with Japanese mobile game company DeNA Co.

DeNA, which is based in Tokyo and was founded in 1999, has a reputation of an innovator and is one of the most successful of a new generation of Japanese technology companies. The company develops and operates a broad range of mobile and online services including games and e-commerce.

Nintendo has tied-up with DeNA in order to develop games for mobile devices. The alliance will combine Nintendo's intellectual property and game development skills with DeNA's expertise in mobile games.

Both the companies will focus on building apps for smart devices and setting up a worldwide membership service to launch this fall.

Alibaba to invest $200 million in Snapchat

Alibaba to invest $200 million in Snapchat

A source at Chinese e-commerce company Alibaba Group Holding Limited has revealed that the popular ecommerce platform is planning to invest about $200 million in photo messaging application Snapchat. According to the source, the deal will help the company grow its mobile business.

According to reports of Bloomberg, the $200 million investment will value Snapchat at about $15 billion. The latest valuation for Snapchat is impressive considering the fact that it was offered $3 billion by Facebook in 2013.

People familiar with the matter said that the deal will help Alibaba improve its presence in the United States market this year. The move will allow American retailers a new way to sell to China's middle class.

Apple to Join Dow Jones Industrial Average

Apple to Join Dow Jones Industrial Average

iPhone and Mac giant Apple will be shortly added to the 30-stock Dow Jones Industrial Average index on March 19. The move will mean exit of AT&T from the index. In order to balance the impact of technology sector on the index, the Cupertino, California-based technology major Apple will be added.

The 119-year old stock market barometer has been holding AT&T for almost 100 years. AT&T has been kicked out of the index a few times in the past as well. AT&T has not commented on the move announced by the index manager S&P.

Dow Jones is currently hovering around its all time high and the current move to change AT&T by Apple won’t have a big impact on the index. Apple stock ended marginally higher at $126.6 on Friday.

Amy Pascal to step down from Sony's top post

Amy Pascal to step down from Sony's top post

Los Angeles - Amy Pascal is stepping down as co-chairman of Sony Pictures Entertainment following the hacking crisis at the studio that saw the leak of several private emails.

Pascal's exit from the post was widely expected in the aftermath of the scandal that saw the studio facing a disabling cyberattack which was done to protest the release of 'The Interview', which mocks North Korean leader Kim Jong Un.

She was the obvious target of the hackers, who leaked several embarrassing conversations between Pascal and producer Scott Rudin where they discussed President Barack Obama's assumed interest in movies starring black actors and made some unflattering comments about Angelina Jolie.

AirAsia launches free user trial of WiFi service

wifiKuala Lumpur: Malaysia's budget airline AirAsia has launched a two-month-long free user trial of its onboard WiFi service designed to provide affordable, low-cost Internet connectivity to passengers.

The trial will be available for free for up to 60 passengers on selected flights from now until October.

The airline has not given details of the sectors on which WiFi would be available, The Star newspaper reported.

Passengers using the service will have an Internet data quota of 1 MB and will enjoy a special package, which will allow them to chat via applications like LINE, WhatsApp and WeChat.

Samsung's Q2 profits drop by 25 percent

Samsung's Q2 profits drop by 25 percentWashington, July 31 - Samsung posted a 25 percent decline in its operating profits in the second quarter of 2014 as smartphone competition increases in the market.

Samsung's operating profit was 6.99 billion dollars in the second quarter, reports CNET.

The company also said that the increasing competition had led to a decline in the prices of smartphone that further reduced the profits of the company.

The South Korean electronics giant said in a press release that the sales of mobile devices might increase but the company's growth prospects remain unclear.

FBI uses malware to track a skilled criminal

FBI uses malware to track a skilled criminalMalware is not only used by cyber criminal; even the U. S. government agencies like FBI are resorting to use malware when other tactics fail, fresh media reports revealed.

The Washington Post has reported that the FBI used malware to track a skilled criminal known as "Mo" who was really good at covering his online tracks.

Using differed forms of Internet communications, "Mo" had made a number of bomb threats at airports and universities across the U. S. last year. While the threats kept causing disruption to police, he successfully kept out of reach the police.

Amazon testing plan to deliver packages using drones

Amazon testing plan to deliver packages using dronesAmazon. com Inc, the world's leading online retailer, has announced that it is testing delivery of packages using drones - unmanned aircrafts.

Amazon Chief Executive Officer Jeff Bezos said revealed that the company was testing how drones could be used to deliver packages of up 5 pounds (2.3 kg) to buyers. It may be noted here that nearly 86 per cent of packages that Amazon delivers weigh up to 5 pounds.

As per the company's plans, the drones would pick up packages from Amazon's distribution centers and deliver them to buyers' homes.

Musk posts update on twitter to look for ‘Autopilot’ car engineers

Musk posts update on twitter to look for ‘Autopilot’ car engineersElon Musk, the head of Tesla Motors, has taken to micro blogging site Twitter to look for the engineers for working on the company's auto pilot car project.

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