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Technology Archives - Page 50 of 215 - Article Point

Tech firm raises $118 million in virtual coin offer to fund blockchain phone
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TEL AVIV (Reuters) – Swiss-Israeli technology firm Sirin Labs said on Thursday it had raised $118 million in an initial coin offering (ICO) to support the development of an open source blockchain smartphone.

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Denmark considers using cryptocurrencies for humanitarian aid
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COPENHAGEN (Reuters) – Denmark sees potential for blockchain technology in humanitarian aid and said on Thursday it is considering becoming the first donor country to move money using cryptocurrencies.

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Google Brain co-founder teams with Foxconn to bring AI to factories
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(Reuters) – Andrew Ng, co-founder of some of Alphabet Inc-owned Google’s most prominent artificial intelligence projects, on Thursday launches a new venture with iPhone assembler Foxconn to bring AI and so-called machine learning onto the factory floor.

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Bitcoin fever exposes crypto-market frailties
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LONDON/NEW YORK (Reuters) – As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.

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France proposes age-of-consent rule for Facebook users
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PARIS (Reuters) – All French children under the age of 16 will have to seek parental approval to open an account on Facebook or any other social network under draft legislation presented on Wednesday.

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Trump administration calls for government IT to adopt cloud services
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WASHINGTON (Reuters) – The White House said Wednesday the U.S. government needs a major overhaul of information technology systems and should take steps to better protect data and accelerate efforts to use cloud-based technology.

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Three U.S. men plead guilty to crimes tied to 2016 botnet attacks
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(Reuters) – A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks.

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Apple grants $390 million to Finisar to boost laser chip production
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(Reuters) – Apple Inc said on Wednesday it had awarded $390 million to optical components maker Finisar Corp to boost production of laser chips that power iPhone X’s features such as Face ID, Animoji and portrait mode photos.

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Rakuten eying entry into Japan's mobile carrier market: source
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TOKYO (Reuters) – Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country’s fourth major wireless carrier, a source briefed on the matter said on Thursday.

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