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India offers tax concessions to Apple to expand production: official

India has offered to allow Apple Inc to import mobile handset components intended for use in local manufacturing tax free, a top government official said.

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The new project would enable businesses and consumers to securely share data on testing and driving as well as the sharing and usage of driverless cars to help set insurance rates, Toyota said. — Reuters

Toyota, tech firms explore Blockchain for driverless cars

23 May 2017

Toyota Research Institute, a wholly owned unit of Toyota Motor North America, said it has teamed up with MIT Media lab and five other companies to explore Blockchain technology for the development of driverless cars.

Take-Two pushes ‘Red Dead’ launch to next year, shares sink

23 May 2017

Rockstar Games, the videogame studio owned by Take-Two Interactive Software Inc, said the launch of its highly-awaited Western action-adventure videogame, Red Dead Redemption 2, would be pushed to spring next year.

(l-r) Huawei Malaysia delivery vice-president Eric Yuan, U Mobile chief technology officer Too Tian Jen, Wong and U Mobile chief sales officer Alex Tan at the telco's 4.5G rollout in Johor Baru. — U Mobile

U Mobile rolls out 4.5G network in Johor Baru

23 May 2017

U Mobile today announced that it is the first telco to launch 4.5G using the 1800MHz and 2600MHz bands, starting with Johor Baru.

AlphaGo took the first encounter in a three-game series against brash 19-year-old Chinese world number one Ke (left). — AFP

AI wins as Google algorithm beats No 1 Go player

23 May 2017

Google’s computer algorithm AlphaGo narrowly beat the world’s top-ranked player in the ancient Chinese board game of Go on May 23, reaffirming the arrival of what its developers tout as a ground-breaking new form of artificial intelligence.

Over the years, companies such as Apple, Google, Samsung Electronics Co Ltd and Microsoft Corp have been frequent targets of patent lawsuits, including in East Texas. — Reuters

US top court tightens patent suit rules in blow to ‘patent trolls’

23 May 2017

The US Supreme Court tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent "trolls" to launch sometimes dodgy patent cases in friendly courts.

The layoffs sharply scale back the company’s ambitions in North America, where it made a splashy debut in October. — Reuters

China’s troubled LeEco said to plan cutting most of US workers

23 May 2017

Chinese technology conglomerate LeEco plans to lay off more than 300 employees in the US, reducing the headcount to about 50 people, according to a person familiar with the matter.

Apple, Visa face patent infringement lawsuit over Apple Pay

23 May 2017

Apple Inc and Visa Inc are facing claims by Universal Secure Registry, a small Boston-area company, that their mobile-payment partnership infringes four of its patents.

Hackett (left) and Ford answering questions from the media after announcing Hackett's appointment as president and CEO, succeeding Fields, in Dearborn, Michigan. — Reuters

Ford names Hackett as CEO to tackle car rivals, Silicon Valley

23 May 2017

Ford Motor Co abruptly named James Hackett as chief executive on May 22, responding to investors' growing unease about the US automaker's slumping stock price and its ability to counter threats from longtime rivals and Silicon Valley.

Symantec researchers said they had found multiple instances of code that had been used both in the North Korea-linked group's previous activity and in early versions of WannaCry. — Bloomberg

Symantec says ‘highly likely’ North Korea group behind ransomware attacks

23 May 2017

Symantec Corp said it was "highly likely" a hacking group affiliated with North Korea was behind the WannaCry cyberattack this month that infected more than 300,000 computers worldwide and disrupted hospitals, banks and schools across the globe.

"In the next few months, we will reach a decision on the Google cases, Google search, AdSense and to me the most interesting is Android," Valletti said. — Reuters

EU to conclude Google antitrust cases in next few months

23 May 2017

EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, a senior European Commission official said, an outcome that could lead to a hefty fine.

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