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Intel Acquiring Mobileye For Autonomous Driving Technology

Intel Acquiring Mobileye For Autonomous Driving Technology

Israeli autonomous-driving company Mobileye (NYSE: MBLY) is being acquired by Intel (NASDAQ: INTC) for $63.54 a share in cash, or roughly $15.3 billion. The offer represents at 34.5 percent premium on Mobileye’s $47.27... 
Alphabet’s Google Releasing Smart Jacket This Fall

Alphabet’s Google Releasing Smart Jacket This Fall

This fall, Alphabet Inc.’s (NASDAQ:GOOG) Google and Levi Strauss & Co. will release a smart jacket developed under the name Project Jacquard. The companies first announced their plans to work on connected garments nearly... 
Yahoo Notifying Users Of Potential Unauthorized Account Access

Yahoo Notifying Users Of Potential Unauthorized Account Access

Yahoo! Inc. (NASDAQ:YHOO) is notifying people that they may have been affected by an attack in which an intruder created forged cookies that would have granted access to accounts without the need for a password. The incidents... 
Ford Announces $1B Investment In AI Tech

Ford Announces $1B Investment In AI Tech

Ford Motor Co. (NYSE:F) will invest $1 billion in an artificial intelligence company as part of its efforts to develop self-driving cars by 2021. The $1 billion investment is consistent with the autonomous vehicle capital allocation... 
Intel Announces $7B Investment In Arizona Factory

Intel Announces $7B Investment In Arizona Factory

Intel’s (NASDAQ:INTC) chief executive Brian Krzanich announced Wednesday that the company will invest $7 billion to build a factory in Arizona. Krzanich made the announcement while standing beside President Trump in the Oval... 
Apple Accused Of Deliberately Breaking FaceTime

Apple Accused Of Deliberately Breaking FaceTime

A lawsuit filed in California alleges that Apple deliberately broke its FaceTime video chat app on devices running iOS 6 and earlier versions of the mobile operating system. In 2014, Facetime users found that the app would no... 
Number Of Companies Providing Broadband Subsidies Reduced

Number Of Companies Providing Broadband Subsidies Reduced

The Federal Communications Commission has canceled the participation of nine companies in a federal assistance program that provides broadband to low-income people. Until the announcement, the companies were able to sell broadband-only... 
Facebook Reports Strong Results For Fourth Quarter

Facebook Reports Strong Results For Fourth Quarter

Facebook Inc. (NASDAQ:FB) reported strong results for the fourth quarter of fiscal year 2016. Revenue was up 51 percent year over year as the company reported earning $8.81 billion in revenue in the quarter, reaching earnings... 
Twitter Reveals Details Of FBI Letters For First Time

Twitter Reveals Details Of FBI Letters For First Time

Twitter (NYSE:TWTR) recently posted information online about two national security letters it received from the Federal Bureau of Investigation that are no longer restricted by a gag order. The letters to Twitter were sent in... 
Twitter Announces Online Vine Archive

Twitter Announces Online Vine Archive

Twitter (NYSE:TWTR) has launched an online archive of Vine videos containing all the posts made from 2013 through 2016. The company is launching the archive on the old Vine website at Vine.co. Twitter said “the Vine archive... 
Tesla Rolling Out Updated Autopilot Software

Tesla Rolling Out Updated Autopilot Software

Tesla Motors (NASDAQ:TSLA) has announced that it is rolling out its Autopilot software to Model S and Model X cars built since October, which are equipped with second-generation Autopilot hardware. Tesla has been preparing the... 
Breakthrough In Battery Development May Prevent Fires

Breakthrough In Battery Development May Prevent Fires

Stanford University researchers say that they have successfully created a lithium-ion battery with built-in flame suppression. The researchers claim that the flame retardant can extinguish any flames caused by the overheated... 
Snap Inc. Performance Questioned Ahead Of IPO

Snap Inc. Performance Questioned Ahead Of IPO

A former Snap Inc. employee has filed a lawsuit claiming that the company hasn’t been honest about its pre-IPO performance metrics. The suit was filed with the L.A. County Superior Court. The filer of the lawsuit, Anthony... 
Many Favorite Disney Movies Are Coming To Hulu

Many Favorite Disney Movies Are Coming To Hulu

Hulu has announced reaching a multi-year licensing agreement with Disney (NYSE:DIS) that will bring family favorites like Mulan, Pocahontas, and The Nightmare Before Christmas to the service. The deal gives the service exclusive... 
Amazon Reportedly Developing App For Truck Shipments

Amazon Reportedly Developing App For Truck Shipments

Reports have emerged that Amazon (NASDAQ:AMZN) is building an app that would connect truckers with shippers in need of truckers in an “Uber-like” way. Several job postings by the company appear to confirm this. A job posting... 
Yahoo Announces Another Massive Security Breach

Yahoo Announces Another Massive Security Breach

Yahoo (NASDAQ:YHOO) has broken its own embarrassing record for the biggest security breach in history. Now, the company is saying that a 3-year-old security breach enabled a hacker to compromise more than 1 billion user accounts.... 
Amazon Unveils Futuristic New Grocery Concept

Amazon Unveils Futuristic New Grocery Concept

Amazon (NASDAQ:AMZN) has announced the launch of a futuristic new grocery store concept dubbed Amazon Go. The concept aims to take some of the hassles out of grocery shopping by removing two of the greatest obstacles to customer... 
NHTSA Proposes New ‘Driver Mode’ For Smartphones

NHTSA Proposes New ‘Driver Mode’ For Smartphones

The National Highway Traffic Safety Administration (NHTSA) has turned its focus to reducing driver distraction from portable devices and other gear designed to be connected to your car. The agency has now published its first... 
Apple Announces Replacement Programs To Fix iPhone Issues

Apple Announces Replacement Programs To Fix iPhone Issues

Apple (NASDAQ:AAPL) has launched a new official repair program to address the iPhone 6s’s unexpected shutdown issue. Over the weekend, the company confirmed that some customers were seeing their phones unceremoniously switch... 
Facebook Develops New Inbox Feature For Businesses

Facebook Develops New Inbox Feature For Businesses

Facebook (NASDAQ:FB) is rolling out a new feature that allows businesses to manage their separate Facebook platforms from a single point. Soon, businesses using Facebook Pages will be able to link inboxes across Facebook, Messenger,... 
Twitter Tackles Harassment With A Better Mute Button

Twitter Tackles Harassment With A Better Mute Button

One of the biggest benefits of Twitter (NYSE:TWTR) is that it’s open to everyone and every opinion. This has allowed millions of people to bring attention to noteworthy causes and important issues that wouldn’t have reached... 
Siemens To Pay $4B For Mentor Graphics

Siemens To Pay $4B For Mentor Graphics

Siemens AG (SIEGY) has announced reaching a deal to buy semiconductor-design software company Mentor Graphics Corp. (MENT) for $37.25 per share in cash, or roughly $4 billion. The complete deal values Mentor at about $4.5 billion,... 
Twitter Changes Coming After Slowdown In Revenue Growth

Twitter Changes Coming After Slowdown In Revenue Growth

Twitter Inc. (NYSE:TWTR) reported a sharp slowdown in quarterly revenue growth for the third quarter of its fiscal year. Twitter reported third-quarter revenue of $616 million and non-GAAP earnings of 13 cents a share, beating... 
Time Warner Worth $85.4B To AT&T

Time Warner Worth $85.4B To AT&T

AT&T (NYSE:T) has bid $85.4 billion to purchase Time Warner (NYSE:TWX). Time Warner is getting $107.50 a share, with half of the deal in AT&T stock and half in cash. That is almost 40 percent more than investors thought... 
Airlines Restrict Samsung Galaxy Note 7s Aboard Planes

Airlines Restrict Samsung Galaxy Note 7s Aboard Planes

Airlines and the federal government are beginning to restrict passengers from bringing Samsung’s Galaxy Note 7 smartphones aboard commercial aircraft. The new rules were created by the Pipeline and Hazardous Materials Safety... 
Yahoo Users Can No Longer Set Automatic Mail Forwarding

Yahoo Users Can No Longer Set Automatic Mail Forwarding

Yahoo (NASDAQ:YHOO) has turned off automatic email forwarding for Yahoo Mail users. Yahoo posted on its help pages that mail forwarding is currently under development. In a statement, Yahoo said, “Users can expect an update... 
BlackBerry Pulls Plug On Hardware Business

BlackBerry Pulls Plug On Hardware Business

BlackBerry (NASDAQ:BBRY) will no longer be making its own phones. The production of BlackBerry devices now will be outsourced to third-party manufacturers, according to a statement from the company made on Wednesday. CEO John... 
Google Releases New Messaging App

Google Releases New Messaging App

Google (NASDAQ:GOOG) announced Allo, its latest messaging app, in May at the Google I/O confab. Now, the app is available for free for iOS and Android phones. Allo looks similar to many other messaging apps already on the market.... 
Increasing Demand Raises Intel’s Fortunes

Increasing Demand Raises Intel’s Fortunes

Increasing demand for personal computers has resulted in Intel Corp. (NASDAQ:INTC) raising its quarterly revenue forecast for the first time in more than two years. Global PC shipments fell less than expected in the second quarter,... 
Tesla Autopilot Upgrade Coming In Next Two Weeks

Tesla Autopilot Upgrade Coming In Next Two Weeks

Tesla Motors Inc. (NASDAQ:TSLA) has announced that a software upgrade to its Autopilot system will be coming in the next two weeks. The upgrade will help the system improve the use of radar signals to guide Tesla vehicles along...