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HP Inc beats estimates, weak printer demand weighs on forecast
By Aishwarya Venugopal (Reuters) - HP Inc , the hardware business of the former Hewlett-Packard Co, reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks. However, HP forecast current-quarter profit below analysts' estimates, reflecting weak sales of its printers as companies cut costs across industries. HP's shares fell nearly 6 percent in extended trading on Wednesday. Third-quarter revenue from the company's computer business rose 7.5 percent from the second quarter as sales of notebooks improved. ...
Wed, 24 Aug 2016 18:45:58 -0400
First driverless taxi hits the streets of Singapore
By Christophe Van Der Perre SINGAPORE (Reuters) - The first driverless taxi began work on Thursday in a limited public trial on the streets of Singapore. Developer nuTonomy invited a select group of people to download their app and ride for free in its "robo-taxi" in a western Singapore hi-tech business district, hoping to get feedback ahead of a planned dull launch of the service in 2018. "This is really a moment in history that's going to change how cities are built, how we really look at our surroundings," nuTonomy executive Doug Parker told Reuters. Parker, whose company has partnered with the Singapore government on the project, said he hoped to have 100 taxis working commercially in the Southeast Asian citystate by 2018.
Thu, 25 Aug 2016 06:10:32 -0400
Uber to let Londoners book journeys weeks in advance
Ride service Uber [UBER.UL], which enables users to instantly hail a taxi ride using their smartphone, will allow customers to book trips days or weeks in advance in London, the first European city to get the option. Uber began offering scheduled rides in June in Seattle, targeted particularly at business customers. Earlier this year, the San Francisco-based app avoided having a mandatory waiting time of five minutes imposed upon it and other private hire car firms in London as part of proposals by transport bosses to regulate the sector.
Thu, 25 Aug 2016 07:19:09 -0400
CrowdStrike, other cybersecurity firms integrating industry cooperative
By Joseph Menn SAN FRANCISCO (Reuters) - Some information security companies that were shut out of the leading system for sharing data on malicious software are revealing more about how their own systems work in hopes of rejoining the cooperative effort, a shift that should improve protections for customers throughout the industry. CrowdStrike, one of the most prominent young security companies threatened with exclusion from some shared services, said it has integrated part of its system for detecting malicious software with VirusTotal, the main industry repository for disclosing and rating risks of malware and suspect files. Alphabet Inc's Google runs the VirusTotal database so security professionals can share new examples of suspected malicious software and opinions on the danger they pose.
Thu, 25 Aug 2016 02:44:11 -0400
Pizza by drone: unmanned air delivery set to take off in New Zealand
By Rebecca Howard and Byron Kaye WELLINGTON/SYDNEY (Reuters) - A New Zealand pizza chain aims to become the world's first company to offer a commercial drone delivery service, a milestone in the once-unthinkable quest to save time and money with an air-borne supply chain dispensing with people. Some of the world's biggest companies including Amazon.com Inc and Google, or Alphabet Inc as it is known, have plans to make deliveries by drone and aviation authorities in the United States, Britain, Australia and New Zealand have been relaxing rules to allow air deliveries. Last month, U.S. convenience store chain 7-Eleven Inc [SILC.UL] conducted the first single commercial drone delivery - coffee, donuts and a chicken sandwich - as part of a trial.
Thu, 25 Aug 2016 02:59:36 -0400
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