Tag: technology

Intel drops $14 Billion on Mobileye in race for a driverless future

SANTA CLARA, Calif. (AP) — Intel will buy Israel’s Mobileye in a deal valued at just over $14 billion, the latest push by a major tech company to advance autonomous vehicles that could change the way traffic moves globally. Mobileye develops technology that essentially gives computers a sense of their physical surroundings and it has also been busying creating ties to get that technology onto the road. Last year, it teamed up with Delphi Automotive to develop the building blocks for a fully autonomous car. Also in 2016, ride-hailing company Uber Technologies and Volvo signed a $300 million deal...

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California to give the green light to truly driverless cars

BY JUSTIN PRITCHARD LOS ANGELES (AP) — Cars with no steering wheel and nobody at all inside could be driving themselves on California roads by the end of the year. In a powerful boost to the industry from the nation’s most populous state, California’s Department of Motor Vehicles is proposing rules that would open the way for truly driverless cars. For the past two years, tech companies and automakers have been testing self-driving cars on California’s roads. But regulators insisted that those vehicles have steering wheels, pedals and human backup drivers who could take over in an emergency. Now...

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WikiLeaks reveals CIA trove alleging wide-scale hacking

BY JACK GILLUM AND RAPHAEL SATTER – ASSOCIATED PRESS WASHINGTON (AP) — WikiLeaks published thousands of documents Tuesday described as secret files about CIA hacking tools the government employs to break into users’ computers, mobile phones and even smart TVs from companies like Apple, Google, Microsoft and Samsung. The documents describe clandestine methods for bypassing or defeating encryption, antivirus tools and other protective security features intended to keep the private information of citizens and corporations safe from prying eyes. U.S. government employees, including President Donald Trump, use many of the same products and internet services purportedly compromised by the...

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Snapchat parent rockets higher in Wall Street debut

NEW YORK (AP) — The company behind Snapchat closed on a high note in its Wall Street debut, proof, at least for a day, that there’s investor demand for young but still unproven tech companies. Shares of Snap Inc. jumped $7.58, or 44 percent, to close at $24.48 on Thursday. The company had priced its initial public offering of 200 million shares at $17 each on Wednesday. That was above the expected range of $14 to $16. Snap’s IPO was one of the most anticipated for a technology company since Twitter’s in 2013. That, in turn, had created the...

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A commuter’s dream: Entrepreneurs race to develop flying car

WASHINGTON (AP) — Even before George Jetson entranced kids with his cartoon flying car, people dreamed of soaring above traffic congestion. Inventors and entrepreneurs have long tried and failed to make the dream a reality, but that may be changing. Nearly a dozen companies around the globe, including some with deep pockets such as European aircraft maker Airbus, are competing to be the first to develop a new kind of aircraft that will enable commuters to glide above crowded roadways. A few of the aircraft under development are cars with wings that unfold for flight, but most aren’t cars at all. Typically they take off and land vertically like helicopters. Rather than a single, large main rotor, they have multiple small rotors. Each rotor is operated by a battery-powered electric motor instead of a conventional aircraft piston engine. It’s no sure bet that flying-car dreams will turn into reality. There are many obstacles, including convincing regulators that the aircraft are safe, figuring out how to handle thousands of new low-flying aircraft over cities without collisions and developing batteries that will keep them aloft long enough to be useful. But entrepreneurs are moving forward. They see a vast potential market for “air taxis” and personally owned small aircraft to transport people from the fringes of metropolitan areas to city centers as urban areas grow more congested and people spend more...

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Samsung says batteries caused Note 7 fires, delays new phone

SEOUL, South Korea (AP) — Samsung Electronics says flaws in the design and production of batteries used in its Galaxy Note 7 smartphone, not its hardware or software, made it prone to catch fire. Samsung said Monday that it was responsible for not ensuring the design specifications given to its suppliers were failsafe but believed its investigation into the problem would help the entire industry counter overheating risks with lithium batteries. Analysts questioned if the world’s largest smartphone maker had really gotten to the bottom of the problem. The South Korean company delayed the launch of its next Galaxy...

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Humanoid robot Pepper is amusing, but is it practical?

SAN FRANCISCO (AP) — While merrily chirping, dancing and posing for selfies, a robot named Pepper looks like another expensive toy at a San Francisco mall. But don’t dismiss it as mere child’s play. Pepper embodies the ambitions of SoftBank Robotics, an Asian joint venture formed by a trio of major technology companies that’s aiming to put its personable robots in businesses and homes across the U.S. over the next few years. If the technology advances as Softbank Robotics hopes, Pepper could become a playmate, companion and concierge. It could eventually respond to voice commands to retrieve vital information,...

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Car company offering red light-reading vehicles in Las Vegas

LAS VEGAS (AP) — On the theory that a driver who knows when a red light will turn green is more relaxed and aware, vehicle manufacturer Audi is unveiling this week in Las Vegas a technology that enables vehicles to “read” traffic signals ahead and tell the motorist how long the wait will be. It’s a simple display for the driver – a dashboard traffic signal icon and a timer next to the digital vehicle speed and area speed limit displays already common in newer cars. The technology behind it is more complex. It uses 4G LTE cellular communication...

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British prime minister to pledge investment into R&D

LONDON (AP) — British Prime Minister Theresa May offered business leaders a trade-off Monday, pledging more investment in science and technology while insisting that the benefits of private enterprise must be more evenly spread around the country. May warned those attending the Confederation of British Industry conference that business has been undermined by a limited few who have damaged the reputation of many. Whether fair or not, she said things had to change. "When a small minority of businesses and business figures appear to game the system and work to a different set of rules, we have to recognize...

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Volkswagen to shed 30,000 jobs, cutting costs after scandal

FRANKFURT, Germany (AP) — Volkswagen announced plans Friday to cut 30,000 jobs in a wide-ranging restructuring of its namesake brand as it tries to recover from a scandal over cars rigged to cheat on diesel emissions tests. The German company said the job cuts, which account to around 5 percent of its global workforce, are part of a long-term plan to improve profitability and shift resources and investment to electric-powered vehicles and digital services. At a news conference at Volkswagen’s headquarters in Wolfsburg, company officials said 23,000 of the job cuts will be in Germany and that the measures...

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