Information Technology News

Information Technology News

  • Robocaller King May Face $120 Million FCC Fine for Spoofed Calls
    on June 23, 2017 at 3:00 pm

    A Miami man alleged to have made 96 million spoofed robocalls last year could face a fine of $120 million from the Federal Communications Commission (FCC). The commission said yesterday it had verified 80,000 of those spoofed calls and based its proposed fine on that number. According to a notice released yesterday by the FCC, Adrian Abramovich "is apparently liable for perpetrating one of the […]

  • Cisco Launches New 'Intent-Based' Networking To Stop Cyberattacks
    on June 23, 2017 at 2:40 pm

    Networking giant Cisco said recently that it has a new network solution that will be able to identify malware even when it is encrypted by applying machine learning and artificial intelligence technology. The new approach is based on an "intent-based" software tool, called Encrypted Traffic Analytics (ETA), which independently identifies abnormalities in data traffic. Cisco said ETA helps […]

  • Google's Eric Schmidt: We Need Critical Thinking Now
    on June 23, 2017 at 2:39 pm

    Eric Schmidt, executive chairman of Alphabet Inc. (Google's parent company), is optimistic about the future. "We're entering what I call the age of abundance," he says. "And during the age of abundance, we're going to see a new age -- the age of intelligence. "By 2020, most human beings will have access to the internet. When you have everyone harnessed with this information, the world gets more […]

  • Small Food Makers Wonder About Amazon-Whole Foods Impact
    on June 23, 2017 at 2:32 pm

    Among the many questions being asked about Amazon's intended purchase of Whole Foods is one from small and medium-size food manufacturers: How might this deal affect me? The unknowns include whether Amazon might change the grocery chain's food offerings, which at the moment include thousands of products made by small and mid-size businesses. A key point for many companies is whether Whole Foods […]

  • Is Fitness Brand Nike Joining the Amazon Roster?
    on June 23, 2017 at 2:30 pm

    Shares in several major sports chains hit 52-week lows on word that Nike may soon be selling its gear directly on Goldman Sachs said Wednesday it believed the deal would give Nike better exposure to Amazon's huge retail channel and customer base, especially millennials. Nike goods can already be found on Amazon subsidiary and its shoes and gear can be found through […]

  • Uber Knew Fired Exec Had Info at Center of Google Theft Case
    on June 23, 2017 at 1:52 pm

    Uber acknowledged hiring a former Google engineer -- now accused of stealing self-driving car technology -- despite having received warnings that he was still carrying around some of his former employer's property. The admission, contained in a Thursday court filing, is the latest twist in a high-profile legal fight between the ride-hailing company and a Google spin-off, Waymo. Both companies […]

  • Toshiba Gets Earnings Report Extension, Faces Delisting Risk
    on June 23, 2017 at 1:05 pm

    Money-losing Japanese electronics and nuclear company Toshiba Corp. has until Aug. 10 to get auditors to sign off on its earnings statements, or else it faces the risk of getting delisted. Tokyo-based Toshiba, whose U.S. nuclear unit Westinghouse Electric Co. filed for bankruptcy protection in March, said Friday it received an extension of an earlier June deadline to give its earnings report for […]

  • Snap Acquires French Startup Zenly for Location-Sharing App
    on June 23, 2017 at 12:59 pm

    A pricey acquisition last month appears to have helped Snapchat maker Snap Inc. bolster its newest feature just before launch. The Los Angeles tech company committed around $300 million in cash and stock to a French start-up that had developed a mapping app that shows people the precise locations of their friends, according to two sources familiar with the matter, who requested anonymity because […]

  • Imagination Tech, Spurned by Apple, Now Up for Sale
    on June 22, 2017 at 3:52 pm

    The U.K.-based graphics chipmaker spurned in April by its main customer, Apple, put itself up for sale today after seeing a precipitous decline in its stock value. Imagination Technologies announced that over the past few weeks it has seen interest from a number of potential buyers for its entire organization and has now launched a formal sale process. The company had already started sales […]

  • Amazon's Echo Show Opens Smart Home Camera Control to Developers
    on June 22, 2017 at 3:10 pm

    Developers working on Amazon's new Echo Show platform now have access to the device?EU?s smart home camera control capabilities, the company announced today. The Smart Home Skill API will allow developers to create apps that let customers watch live video feeds from smart phone cameras on the new Echo Show. The company also revealed the first group of smart home cameras designed to be […]