Weekend: Chance of Precipitation: Fri: 10% / Sat: 20% / Sun: 10%.
Exclusive: Apple iPhone 6 screen snag leaves supply chain scrambling
By Reiji Murai TOKYO (Reuters) - Suppliers to Apple Inc are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said. It's unclear whether the hiccup could delay the launch or limit the number of phones initially available to consumers, the sources said, as Apple readies larger-screen iPhones for the year-end shopping season amid market share loss to cheaper rivals. Cupertino, California-based Apple has scheduled a media event for Sept. 9, and many expect it to unveil the new iPhone 6 with both 4.7 inch (11.94 cm) and 5.5 inch (13.97 cm) screens - bigger than the 4-inch screen on the iPhone 5s and 5c. Two supply chain sources said display panel production suffered a setback after the backlight that helps illuminate the screen had to be revised, putting screen assembly on hold for part of June and July.
Computers reshaping global job market, for better and worse: paper
(Reuters) - Automation and increasingly sophisticated computers have boosted demand for both highly educated and low-skilled workers around the globe, while eroding demand for middle-skilled jobs, according to research to be presented to global central bankers on Friday. "(W)hile computerization has strongly contributed to employment polarization, we would not generally expect these employment changes to culminate in wage polarization except in tight labor markets," Autor wrote. Any long-term strategy to take advantage of advances in computers should rely heavily on investments in human capital to produce "skills that are complemented rather than substituted by technology," he said. Recounting the long history of laborers vilifying technological advances, Autor argues that most such narratives underestimate the fact that computers often complement rather than replace the jobs of higher-skilled workers.
China regulators says Qualcomm seeks to end anti-trust probe
The National Development and Reform Commission (NDRC), in a statement on its website, said its officials had met on Thursday with a delegation from Qualcomm which included company President Derek Aberle. "Qualcomm executives discussed with NDRC officials several topics in an effort to reach a comprehensive resolution," the company said in an e-mailed statement. "We are continuing to cooperate with NDRC and cannot comment further." The NDRC gave no further details.
IBM to help China's Inspur to design servers
By Gerry Shih BEIJING (Reuters) - IBM will help China's largest server vendor Inspur International design server systems, the two companies said on Friday, an unexpected development in what has been a politically charged rivalry in the Chinese technology market. Since last year Inspur has aggressively marketed its servers to Chinese state-owned firms as a replacement for IBM (International Business Machines Corp) systems while U.S.-China relations have worsened dramatically over mutual suspicions of cyber-spying. Inspur shares soared in late May after it told Chinese news outlets that its servers had begun to replace the U.S. The Chinese firm has coined the term "I2I" - IBM to Inspur - as a marketing catchphrase.
JPMorgan customers targeted in email phishing campaign
By Jim Finkle and Nadia Damouni BOSTON/NEW YORK (Reuters) - Fraudsters are targeting JPMorgan Chase & Co customers in an email "phishing" campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus that steals passwords from other institutions. The campaign, dubbed "Smash and Grab," was launched on Tuesday with a widely distributed email that urged recipients to click to view a secure message from JPMorgan, according to security researchers with corporate email provider Proofpoint Inc. JPMorgan, the No. 1 U.S. "It looks like they sent it out to lots of people in hopes that some of them might be JPMorgan Chase customers, said bank spokeswoman Trish Wexler. Users who click on a malicious link are asked to enter credentials for accessing accounts with JPMorgan.