Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by
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One of Sony’s most promising bets on the future is hiding in plain sight. Inside the electronics maker’s Atsugi Technology Centre, a research campus located an hour outside Tokyo, engineers and researchers are developing sensors that
Advanced Micro Devices’ new products, aimed at trying to claw back orders lost to Intel in the market for chips that run PCs, are giving sales a boost – just not one big enough to help profitability and satisfy investors after the stock increased
Jeff Garzik, one of a handful of key developers who helped build the underlying software for bitcoin that is known as blockchain, has seen its shortcomings firsthand. So he decided to create a better digital currency. He’s calling it metronome and
Cisco has agreed to buy BroadSoft for about US$1.9bn to expand further into software and cloud services. The $55/share cash offer announced Monday is a 28% premium over BroadSoft’s closing price on 29 August, a day before
China’s Meituan Dianping just became the world’s fourth most valuable start-up, reaching a US$30bn valuation that puts it ahead of high-fliers like Airbnb and Space X. Never heard of Meituan? You’re not alone. The Beijing-based
After more than five years of declining sales, IBM says it will finally show investors it can grow again. Wall Street cheered, sending the shares up the most in more than eight years. Some of that sales boost will come from one of
Toyota is set to unveil a fuel-cell concept car that aims to offer 50% more driving range than its current hydrogen-powered sedan in a technology push that defies a rising wave of battery-driven
Dropbox has introduced a new cloud-based file-sharing option for individual business users and a new feature for marketing and creative workers to share projects, seeking to lure more paying customers ahead of an expected public share
Lazarus, a hacking group linked to North Korea, may have been behind this month’s theft of US$60m from Taiwan’s Far Eastern International Bank, according to BAE Systems researchers. The cyberattack, in which malware was used