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Tesla unveils all-wheel drive Model S, ‘autopilot’ features

Tesla unveils all-wheel drive Model S, ‘autopilot’ features

By Nichola Groom HAWTHORNE Calif. (StartName) – Tesla Motors Inc on Thursday took its first step toward automated driving, unveiling features that will allow its electric sedan to park itself and sense dangerous situations. The company also said it will roll out an all-wheel drive option of the Model S sedan that can go fromContinue Reading

Microsoft CEO criticized for suggesting women not ask for raises

Microsoft CEO criticized for suggesting women not ask for raises

By Bill Rigby SEATTLE (StartName) – Microsoft Corp’s <MSFT.O> chief executive officer suggested on Thursday that women in technology should not ask for raises but have faith in the “system”, bringing a torrent of criticism and causing the executive to backtrack after the statement. Satya Nadella, who became CEO in February, was asked how womenContinue Reading

Apple supplier GT to drop sapphire ops, asks bankruptcy plan remain secret

Apple supplier GT to drop sapphire ops, asks bankruptcy plan remain secret

By Ted Siefer and Tom Hals MANCHESTER N.H. (StartName) – GT Advanced Technologies Inc <GTAT.O> on Thursday revealed it intends to wind down sapphire production, cutting short its once-promising bid to supply the scratch-resistant material for Apple Inc’s <AAPL.O> iPhones and other mobile devices. Scant information has emerged since GT Advanced filed unexpectedly for bankruptcyContinue Reading

Mexico launches project to create state-owned mobile network

Mexico launches project to create state-owned mobile network

MEXICO CITY (StartName) – Mexico’s government on Thursday kick-started a project to launch a state-owned mobile network by 2018, part of a wider effort to support competitors to billionaire Carlos Slim’s dominant America Movil. Mexico’s telecoms regulator and the telecommunications and transport ministry (SCT) agreed on terms and conditions for the development of the networkContinue Reading

Symantec to split into security and storage software companies

Symantec to split into security and storage software companies

By Soham Chatterjee and Arathy S Nair (StartName) – Norton antivirus software maker Symantec Corp SYMC.O will split into two publicly traded companies, one focused on security and the other storage and backup, potentially making itself more attractive to suitors. The move by Symantec, which has fired two CEOs since 2012 as its stock andContinue Reading

Icahn urges ‘undervalued’ Apple to buy back more shares

Icahn urges ‘undervalued’ Apple to buy back more shares

By Supantha Mukherjee and Svea Herbst-Bayliss (StartName) – Billionaire activist investor Carl Icahn said Apple Inc’s <AAPL.O> shares could double in value and urged the company’s board to buy back more shares using its $133 billion cash pile. “We believe Apple is dramatically undervalued in today’s market, and the more shares repurchased now, the moreContinue Reading

Apple given time to block info in GT bankruptcy case: ruling

Apple given time to block info in GT bankruptcy case: ruling

(StartName) – Apple Inc <AAPL.O> will have at least three days to review and potentially move to bar any information about its relationship with GT Advanced Technologies Inc <GTAT.O> that may arise during the latter’s bankruptcy hearings, the court said in a ruling on Thursday. GT Advanced, which struck an agreement last year to supplyContinue Reading

Online retailer Amazon set to open a physical store: WSJ

Online retailer Amazon set to open a physical store: WSJ

(StartName) – Amazon.com Inc <AMZN.O>, the online juggernaut whose rapid expansion helped derail many a brick-and-mortar retail chain, may soon open its first physical store, at a prime site in Midtown Manhattan, according to The Wall Street Journal. Amazon plans to open its first full-fledged store across from the Empire State Building, at 7 WestContinue Reading

GE says data business on track for over $1 billion in sales

GE says data business on track for over $1 billion in sales

By Lewis Krauskopf NEW YORK(StartName) – General Electric Co <GE.N> said on Thursday it was on track to generate more than $1 billion in revenue this year from its industrial data-analysis business, and plans to make its software platform broadly available next year. GE is making a big bet on what it calls the “IndustrialContinue Reading

Deutsche Telekom and China Mobile to sign ‘connected cars’ deal

Deutsche Telekom and China Mobile to sign ‘connected cars’ deal

FRANKFURT (StartName) – Deutsche Telekom <DTEGn.DE> and China Mobile <0941.HK> will sign a deal on Friday to create a platform for so-called connected cars in China, a Deutsche Telekom spokesman said on Thursday. The two companies will form a joint venture in which the German telecoms group will bring its technology for machine-to-machine (M2M) communications,Continue Reading

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