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TECH

Intel is said to shutter its augmented-reality goggles brand

Intel Corp has closed its Recon brand of augmented-reality goggles for sporting and industrial applications, according to people familiar with the decision.

TECH

Uber picks savvy dealmaker, not 'tech bro' as new CEO

Dara Khosrowshahi may have been the compromise choice for Uber Technologies Inc's new chief executive.

TECH

How AI robots hunt new drugs for crippling nerve disease

Artificial intelligence robots are turbo-charging the race to find new drugs for the crippling nerve disorder ALS, or motor neuron disease.

Business

Bezos: Artificial intelligence to fuel Amazon’s success

SEATTLE: Amazon.com Inc is embracing artificial intelligence to deliver goods more quickly, enhance its voice-activated Alexa assistant and create new tools sold to others through its cloud-computing division, chief executive officer Jeff Bezos (pic) said in his annual shareholder letter.

TECH

Bezos says artificial intelligence to fuel Amazon’s success

Amazon.com Inc is embracing AI to deliver goods more quickly, enhance its voice-activated Alexa assistant and create new tools sold to others through its cloud-computing division, Bezos said in his annual shareholder letter.

TECH

Smaller startups with new ideas take on big data

Delivering an eBay order in under 30 minutes, mining 11 million financial documents for evidence of illegal activity, helping humans reach Mars more quickly – three seemingly unrelated feats made possible using a new data analysis tool that is sweeping Silicon Valley.

TECH

As criticism mounts, Uber seeks chief operating officer to temper CEO

Uber Technologies Inc chief executive officer Travis Kalanick said the ride-services firm is looking for a chief operating officer to help run the company.

Corporate News

As criticism mounts, Uber seeks chief operating officer to temper CEO

SAN FRANCISCO: Uber Technologies Inc Chief Executive Officer Travis Kalanick said on Tuesday the ride-services firm is looking for a chief operating officer to help run the company, which has been battered by a series of damning revelations about its culture and business tactics.

Business

CIMB Research upgrades MPI to ‘buy’ with higher target price

PETALING JAYA: CIMB Equities Research has upgraded Malaysian Pacific Industries Bhd (MPI) from “hold” to “add” with a higher RM9.70 target price due to the higher earnings growth, driven by a recovery in smartphone demand.

Business

CIMB Research upgrades MPI to Buy, higher target price

KUALA LUMPUR: CIMB Equities Research has upgraded Malaysian Pacific Industries (MPI) the stock from Hold to Add with a higher RM9.70 target price due to the higher earnings growth, driven by a recovery in smartphone demand.