Car dashboards that act like smart phones raise safety issues
By Sarah McBride and Paul Lienert SAN FRANCISCO (Reuters) - When it comes to dashboard displays that are more like smart phones, two things are clear: Customers want them, and automakers are intent on supplying them. Text messages pop up on the dashboard, in addition to being read out loud.
Tue, 07 Jul 2015 01:04:59 -0400
Samsung Electronics profit guidance suggests costly S6 miss
By Se Young Lee SEOUL (Reuters) - South Korean tech giant Samsung Electronics Co Ltd on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. The guidance suggests that Samsung, while on a gradual recovery path, will struggle to replicate the explosive growth it recorded at the turn of the decade as smartphone competition intensifies and demand softens in China and Europe. Operating profit for the second quarter likely fell 4 percent from a year earlier to 6.9 trillion won ($6.13 billion), Samsung said in a filing, its best profit in four quarters but also the seventh straight period of annual decline.
Mon, 06 Jul 2015 22:35:17 -0400
Reddit CEO apologizes after outrage over employee dismissal
Reddit Chief Executive Ellen Pao on Monday issued an apology to users of the popular social news platform over the way the company handled the dismissal of a well-liked employee last week, a move that drew widespread outrage from users. The site's former Director of Talent, Victoria Taylor, was dismissed from the company on Thursday, prompting moderators to shut down in protest roughly 300 discussion sections, also known as subreddits. Pao apologized for not communicating well enough with the site's users on big changes like the dismissal, as well as for a history of broken promises made to the community.
Mon, 06 Jul 2015 20:18:46 -0400
Facebook executive Sheryl Sandberg joins board of SurveyMonkey
By Sarah McBride SAN FRANCISCO (Reuters) - Facebook Inc's Chief Operating Officer Sheryl Sandberg is taking a seat on the board of SurveyMonkey, the online polling company that was run by her late husband, Dave Goldberg. SurveyMonkey, a privately held company valued at $2 billion, also appointed to its board David Ebersman, the chief executive officer of behavioral health company Lyra Health and the former chief financial officer of Facebook.
Mon, 06 Jul 2015 23:10:58 -0400
China economic uncertainty a potential risk for U.S. chipmakers
By Mari Saito SAN FRANCISCO (Reuters) - Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm Inc that derive a big portion of their sales from the world's second-largest economy. Consumer electronics giant Apple Inc could also be vulnerable - 17 percent of the company's overall revenue last fiscal year came from China, and in the most recent quarter it sold more iPhones in the country than in the United States for the first time. "When you have waning demand hitting at the same time (as the stock market uncertainty), it just makes that industry that much more difficult," said Christopher Rolland, a senior equity analyst at FBR Capital Markets & Co. Beijing took steps during the weekend to revive shares following a 30 percent slide in its stock market since mid-June, which raised investors' concerns about the stability of the Chinese economy.
Mon, 06 Jul 2015 21:01:08 -0400
Chipmaker AMD cuts revenue estimate, citing weak PC sales
Chipmaker Advanced Micro Devices Inc lowered its revenue estimate for the second quarter, below analysts' average estimate, saying the demand for personal computers was weaker-than-expected. AMD's shares fell as much as 15 percent to $2.10 in extended trading, after the company also cut its adjusted gross margin forecast for the quarter ended June 27. It's not a one quarter turnaround story, it's going to take multiple quarters for the vision to come to fruition," Wedbush Securities analyst Betsy Van Hees said.
Mon, 06 Jul 2015 18:13:47 -0400
Fear and Loathing in Las Vegas is terrifying through the eyes of a computer
Google has spentthe last few years teaching computers how to see, understand, and appreciate our world. The first images from Google's project,shown in June, reveal an organic hellscape inhabited by slug monsters and disembodied tentacles. To Google's computers, every surface of our world is covered in eyes.
Tue, 07 Jul 2015 01:57:13 -0400
Apple Stores will begin selling the first HomeKit-connected thermostat today
Apple's smart home platform is gaining another member:the Ecobee3 smart thermostat, the first connected thermostat to work with HomeKit. The Ecobee3 goes on sale today through Apple Stores across North America. It costs $249 and is essentially an alternative to Nest's thermostat: it detects a home's temperature and whether anyone is actually around and then adjusts heating and cooling accordingly, with the goal of saving homeowners some money.
Tue, 07 Jul 2015 00:00:02 -0400
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