Apple fined for slowing down old iPhones

Apple has been fined 25 million euros (£21m, $27m) for deliberately slowing down older iPhone models without making it clear to consumers. The fine was imposed by France’s competition and fraud watchdog DGCCRF, which said consumers were not warned. In 2017, Apple confirmed that it did slow down some iPhones, but said it only did … Read more Apple fined for slowing down old iPhones

Hard Questions Raised When A Software ‘Glitch’ Takes Down An Airliner

The recent crash of a Lion Air jetliner made it clear once again that software integrity can be a matter of life and death. Credit: GettyGetty It doesn’t take a failure of anything big to cause big trouble – as in massive, catastrophic and lethal damage to a sophisticated transportation system. The U.S. space shuttle … Read more Hard Questions Raised When A Software ‘Glitch’ Takes Down An Airliner

Facebook Shuts Down Solar-Powered Internet Drone Project: So What Happens Now?

Facebook officially ditches its efforts to deliver high-speed internet via solar-powered drones. The decision reportedly caused 16 employees from the project to lose their jobs. Taking Another Approach Sources confirm that in its place, the social network company plans to redirect its resources in order to work with partners such as Airbus. Together, both hope … Read more Facebook Shuts Down Solar-Powered Internet Drone Project: So What Happens Now?

Sony Reports Best-Ever Q3 Profit; CEO Hirai to Step Down, Turnaround Ally Yoshida to Take Helm

Japan’s Sony said CEO Kazuo Hirai would be handing over the reins to finance chief Kenichiro Yoshida, while at the same time forecast a record annual profit that highlights the revival in fortune that they have both engineered. Once a market leader in consumer-electronics, the maker of the Walkman and Trinitron TV in recent years fell behind … Read more Sony Reports Best-Ever Q3 Profit; CEO Hirai to Step Down, Turnaround Ally Yoshida to Take Helm

Tablet shipments kept going down in Q3, but Apple gained

The third quarter of 2017 ended with 40 million tablets shipped globally, IDC said in its latest report. Growing demand for phones and traditional PCs strengthening their positions have been pointed out as the main reasons for the shipments decline for a 12th consecutive quarter. According to the analysts, the fall is 5.4% from 42.3 … Read more Tablet shipments kept going down in Q3, but Apple gained

iPhone 7 at Rs. 7,777 Down Payment With New Airtel Rs. 2,499 Plan

Airtel is offering customers iPhone 7 at a down payment of Rs. 7,777 under a new plan it has launched. The offer is exclusively available via the telecom operator’s new Online Store. On top of the down payment, Airtel requires customers to subscribe to its new Rs. 2,499 postpaid plan for 24 months to get their … Read more iPhone 7 at Rs. 7,777 Down Payment With New Airtel Rs. 2,499 Plan

Apple Faces Down Qualcomm, Ericsson Over EU Patent Fees

The European Union is drawing up guidelines on how much patent holders should charge for their technologies, a thorny issue that pits Apple and other users against Qualcomm and Ericsson. Trillions of dollars in sales are at stake as regulators ponder whether a fridge maker should pay a different rate for crucial patents than a carmaker, or whether a flat, … Read more Apple Faces Down Qualcomm, Ericsson Over EU Patent Fees

Facebook Did Shut Down AI System, But Not Because Things Went Out Of Control

Amid the battle of words between billionaires Mark Zuckerberg and Elon Musk over the future of artificial intelligence last week, a story that suggested that Facebook had to shut down an AI program went viral. We may have gotten carried away by the pun, however. According to reports, Facebook had to shut down an AI program after two bots created their … Read more Facebook Did Shut Down AI System, But Not Because Things Went Out Of Control

Facebook Launches ‘Disputed’ Tag to Crack Down on Fake News

Social media giant Facebook has launched its much hyped “fake news” crackdown initiative in the US, tagging as “disputed” the stories that are deemed false by fact checking organisations, the media reported on Sunday. The new feature uses non-partisan third-party organisations like Snopes and Politifact to assess the factual accuracy of stories reported as fake … Read more Facebook Launches ‘Disputed’ Tag to Crack Down on Fake News

ETFs see record number of funds shut down: ‘It’s a sign of health’

Exchange-traded products kept growing in 2016, both in popularity and in the money investors were willing to commit. But with growth comes growing pains, and the year featured one telling sign of the times: A record number of fund closures. In all, 128 exchange-traded notes or funds shuttered during the year, a number that easily … Read more ETFs see record number of funds shut down: ‘It’s a sign of health’