Google invited some media personnel to introduce the prototype of the first Google self-driving car. Sergey Brin said they're looking for expert car makers in the industry to build the car.
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Amazon bans sale of Apple, Google streaming devices
Amazon is disallowing the sale of media-streaming devices from Apple and Google. In an e-mail to its marketplace sellers, the Web retailer says that after October 29, it will no longer sell Apple TV's and Google Chromecasts. "It's important that the streaming media players we sell interact well with Prime Video in order to avoid customer confusion," said Amazon in the e-mail.
Major French telecom groups are applying for 4G mobile spectrum auction
France will soon get a boost in internet speed as its telecoms regulator ARCEP announced on Tuesday that it had received applications for the upcoming 4G mobile spectrum auction.
LG lines up new mobile devices to push sales volume
Global electronics giant LG Electronics has prepared a growth strategy of launching new devices to boost sales volume for mobile division from the fourth quarter onwards. With a short gap after launching G4, LG has already unveiled V10 smart phone.
HP split approved by the board, will reduce 30,000 jobs
HP will be split into two entities as Hewlett-Packard Enterprise Co. and HP Inc. It will be completed on Nov. 1. The restructure will slash 30,000 jobs. HP Board of Directors announced in a news release its split into two independent firms; HP Inc. and Hewlett-Packard Enterprise. HP Inc. will operate the company's printing and personal systems businesses. Alongside, Hewlett-Packard Enterprise will focus on technology solutions including Software and Financial Services, Enterprise Group, and Enterprise Services.
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Considering the adverse conditions being faced by the Brazilian oil and gas company, Petroleo Brasileiro Petrobras' price estimate has been revised down to $7.41 a share from $10.80.
The Federal Aviation Administration estimated around 1 million drones will be sold for Christmas this year. And it worries national authorities that it might cause accidents as many of them do not have the proper training to operate UAVs.
A lot of companies has been releasing new gadgets and update this past few months and Samsung is not far behind with their latest Smartwatch, the Gear S2. Samsung announced on Wednesday that the new Gear S2 Smartwatch will be available for the US customers starting on October 2nd.
The US stocks were beaten down adversely during the third quarter ended September as Wall Street recorded bleak performance in any quarter ever since 2011. Barring limited bargain buying, there was no much buying support in the market.
The lack of clarity about the US data and timing of interest rate hike have put further pressure on Asian stock markets. Several Asian stocks slipped into pressure on Friday trading ahead of the US data jobs report. Japan's Nikkei fell 1.7 percent for the week. The long holiday stretch for Chinese markets also resulted in sluggishness in the Asian market.
Good news to Aussie Facebook lovers. Nearby Friends, a feature from Facebook can now be used by our mates in Down Under to locate their friends along the neighborhood or vice versa.
Twitter is planning some improvements to grow its users and encourage posts. One of the plans includes taking off the 140-character restrictions. Twitter management wants to revamp the micro-blogging site. One feature they wanted to improve is the 140-character post limit. Though Twitter keeps mum about it, the news from Re / Code said it comes from a very reliable source.
Just a few weeks after releasing the latest iOS update the iOS 9, Apple released an upgrade to the latest Mac operating system, the OS X El Capitan. The latest upgrade contains many new feature that users have been waiting for including an important security update since cyber-attack is on the rise lately.
Marking the first ever single major investment in financial technology (fintech) segment, SoftBank Group Corp has led an investment of $1billion in the US startup SoFi. Private equity (PE) firms such as Third Point have invested in SoFi. Both the companies are of a positive view that the Series E funding round will speed up the growth rate of SoFi. The fintech services are gaining support from customers, who're not satisfied with traditional banking services. SoFi is aiming at expanding financial offerings in the near future.
