Posts From King World News

Hands-on review: Oppo R7

Oppo has just announced the R7 Plus – a new phablet for its mid-range device family – but it also comes with news of a sequel to the R5, the Oppo R7. There was much to like about the Oppo R5, not least the cheap price, but Oppo has built on what it had already achieved and thrown in a few more features to keep you interested. The R7 comes

Huawei stakes claim in 'Internet of Things' market with new operating system

BEIJING (Reuters) – China’s Huawei Technologies Co Ltd, the world’s biggest telecommunications equipment maker, on Wednesday became the latest tech giant to present its own take on the ‘Internet of Things’ (IoT), centered on an operating system designed to allow household and business appliances to communicate with each other online. At an event in Beijing, Huawei executives showcased its “Agile IoT” architecture, including an operating system called LiteOS to control

Altice enters U.S. cable market with Suddenlink move

By James Regan, Leila Abboud and Arno Schuetze PARIS/FRANKFURT (Reuters) – European telecoms group Altice has agreed to buy U.S. regional cable company Suddenlink Communications in a $9.1 billion deal, marking its first move across the Atlantic where it is also interested in buying Time Warner Cable. The surprise move is further evidence that Patrick Drahi, Altice’s billionaire founder, wants to build an empire in cable and mobile after doing

Apple, Android app makers cool to Microsoft overtures

By Bill Rigby SEATTLE (Reuters) – Microsoft’s plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren’t interested. Windows phones accounted for just 3 percent of global smartphone sales last year, compared with about 81 percent for devices with Google’s Android system and 15

Amputees control bionic legs with their thoughts

By Amy Pollock Amputees can control their bionic prosthetic limbs with their minds, thanks to tiny implanted myoelectric sensors (IMES) developed by Icelandic orthopedics company Ossur and surgically placed in a patient’s residual muscle tissue. Ossur implanted tiny sensors in the residual muscle tissue of two amputees that they say trigger movement in the prosthesis via a receiver. Ossur President & CEO Jon Sigurdsson was due to announce in Copenhagen

Telstra says newly acquired Pacnet hacked, customer data exposed

Australian telecommunications firm Telstra Corp Ltd said on Wednesday computer systems at its recently acquired undersea cable company Pacnet Ltd had been hacked, potentially exposing sensitive customer information to theft. Telstra said the corporate information technology network of Pacnet, email and other business management systems of the company, had been accessed by an unauthorized third party several weeks before its $550 million takeover of the firm was completed on April

Chinese solar maker plunges, losing nearly $19 billion in 24 minutes

The decline of Hanergy Thin Film Solar Group Ltd. was as spectacular and inexplicable as its ascent. Just 24 minutes of Hong Kong trading erased $18.6 billion of market value and wiped out almost four months of gains that made it more valuable than Sony Corp. of Japan. The maker of solar equipment controlled by Li Hejun suspended trading after the stock plummeted 47 percent in the morning.

Five global banks to pay $5.7 billion in fines over rate rigging

Five of the world’s largest banks, including JPMorgan Chase & Co and Citigroup Inc, were fined roughly $5.7 billion, and four of them pleaded guilty to U.S. criminal charges over manipulation of foreign exchange rates, authorities said on Wednesday. A fifth bank, UBS AG, will plead guilty to rigging benchmark interest rates, the U.S. Justice Department said. U.S. banks JPMorgan Chase and Citigroup will pay $550 million and $925 million