Industry

Traditional PC market grows 2.7% , strongest rate since Q1 2012: IDC

Preliminary results for the second quarter of 2018 showed shipments of traditional PCs (desktop, notebook, and workstation) totaled 62.3 million units, recording solid year-on-year growth of 2.7%, according to IDC.

Apple supports Malala Fund expansion in Latin America

Apple has launched a collaboration between its ten Apple Developer Academies in Brazil and Malala Fund, the company said in a statement on Monday.

Thiel Foundation announces 2018 Thiel Fellows

The Thiel Foundation has named 20 people into the 2018 class of Thiel Fellows.

Korean fintech startup Viva Republica raises $40 million

Korean fintech startup Viva Republica, makers of the financial services app Toss, has raised a $40 million funding round.

Worldwide technology spending on IoT to reach $1.2 trillion in 2022: IDC

Internet of Things (IoT) spending will experience a compound annual growth rate (CAGR) of 13.6% over 2017-2022 and reach $1.2 trillion in 2022, according to a forecast by IDC.

HyperloopTT signs agreement for commercial system in Ukraine

Hyperloop Transportation Technologies has signed an agreement with the Infrastructure Ministry of Ukraine to begin the process for a planned commercial Hyperloop system. 

AT&T completes Time Warner acquisition

AT&T has completed its acquisition of Time Warner. Jeff Bewkes, former chairman and CEO of Time Warner will remain with the company as a senior advisor during a transition period, said AT&T in a statement. 

Deutsche Bank launches digital repository for document exchange

Deutsche Bank has launched eVault – a secure digital repository for exchange of documents.

IPass partners with BSNL in India

Redwood Shores, California-based iPass has inked a partnership with Bharat Sanchar Nigam Limited (BSNL), a telecom service provider in India.

Google announces its principles for all AI work going forward; and the things it will not do

Google has announced seven principles that the company says will guide its artificial research work going forward.

Lockheed Martin investing $100 million more in early-stage companies

Lockheed Martin is doubling its venture capital fund to $200 million, and recent investments in early-stage companies focused in the areas of autonomy and advanced manufacturing.

Infrastructure refresh, new features drive worldwide security appliance market: IDC

According to the IDC worldwide quarterly security appliance tracker, the total security appliance market saw positive growth in both vendor revenue and unit shipments for the first quarter of 2018 (1Q18).

Microsoft working on building self-sufficient underwater datacenters

Microsoft is building datacenters. Nothing quite remarkable about that, except the company is leveraging technology from submarines to develop self-sufficient underwater datacenters.

Symantec opening privacy research center in Germany

Symantec is opening a privacy research center, based in Saarbrucken, Germany.

Akamai and Mitsubishi UFJ Financial Group working on blockchain-based payment network

Akamai and Mitsubishi UFJ Financial Group (MUFG) will be offering a hyper-scale blockchain-based online payment network.