Apple will stop selling some iPhone models in its stores in Germany following ruling in Qualcomm patent case
Qualcomm was granted a second injunction against Apple on Thursday, banning it from selling some iPhone models in Germany that use chips from Intel and parts from another supplier, Qorvo. There was no clear reaction to the news in Apple’s stock price, but it finished the day down 2.5 percent as tech stocks overall took […]
How AI is slowly becoming a major sector in Africa’s tech scene
It has gone mostly under the radar, but the use of artificial intelligence (AI) by African tech startups is on the rise, with the sector becoming bigger by the week and attracting more funding. Back in April, Google announced it was opening an AI research centre in Ghana, bringing the potential of Africa as a […]
Galaxy S10 to ship with pre-installed screen protectors, ‘Edge’ name to make a return
Remember the Galaxy Note Edge and Galaxy S6 Edge that followed it? Those were the first Samsung phones to ship with curved edge displays. The Note had just one edge, while the Galaxy S6 Edge introduced the Galaxy S design we’ve come to know ever since. But next year, Samsung will do things a bit […]
IBM-Powered AI Platform Wants to Reinvent the Influencer Marketing Model
A new content marketing platform is tapping artificial intelligence to match brands with content creators—but it doesn’t consider itself to be in the influencer business. Built on technology from IBM Watson, the startup Props announced on Thursday that it’s raised $5 million for an official rollout with investors including tech development firm Axispoint and Jump […]
Global growth worries, U.S. government shutdown threat hit stocks
World stocks extended a steep sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor anxieties over the trajectory of global economic growth. E-Mini futures for the S&P 500 were off half a percent, indicating a lower open on Wall Street. Nasdaq futures were down […]
Equities slide as Fed heightens worry over growth slowdown
NEW YORK – World equity markets continued a week-long slide on Thursday, one day after the U.S. Federal Reserve indicated it was set on its path to hike interest rates next year despite signs that global economic growth is stuttering. The Fed’s move on Wednesday largely to adhere to its plan for additional rate hikes […]
Oil prices tumble to lowest in more than a year as equities sell off
NEW YORK – Oil prices fell about 5 percent on Thursday, hitting their lowest level in more than a year on worries about oversupply and the outlook for energy demand as a U.S. interest rate rise knocked stock markets. Brent crude LCOc1 futures fell $2.89, or 5.05 percent, to settle at $54.35 a barrel. U.S. […]
Integration Should Be Priority No. 1 for Acquisition-Minded Fintechs
When it comes to fintech, prioritizing acquisitions is a sound strategy — but only when the old and the new technology integrate seamlessly. If the acquisition leaves data sitting in silos, makes maintenance more complex, or causes innovation to grind to a halt, it’s only a subtraction, not an addition. This is key for venture […]
Gov. closer to shutdown
President Donald Trump’s demand for border wall funds hurled the federal government closer to a shutdown as House Republicans approved a package Thursday with his $5.7 billion request that is almost certain to be rejected by the Senate. The White House said Trump will not travel to Florida on Friday for the Christmas holiday if […]
‘Lie low’ in China
Experts say the detaining of an Alberta woman over what authorities call employment issues could signal a ramping up of low-level harassment for Canadians living in China. Lynette Ong, with the Munk School of Global Affairs in Toronto, says Canada’s relationship with China fundamentally changed with the arrest of Meng Wanzhou, the chief financial officer […]