Posts From King World News

Telstra TV landing at the end of the month

Flicking between a range of devices and inputs on your TV is the modern equivalent of getting off the couch to turn the dial on the old box. Nobody wants to do it, and we’ll often wind up watching something awful just to avoid the hassle. Telstra’s hoping it can to do away with this annoyance with the launch of its Telstra TV streaming device on October 27. The Telstra

Tesla unveils autopilot system, but don't let go of the wheel

By Alexandria Sage PALO ALTO, Calif. (Reuters) – Newer Tesla Motors Model S sedans will be able to steer and park themselves under certain conditions starting Thursday, the carmaker said, although Chief Executive Officer Elon Musk cautioned that drivers should keep holding the steering wheel. New “autopilot” features, designed for cars built after September 2014, will be available for customers in the United States, Tesla said. Tesla will provide the

Yahoo aims to phase out passwords with new service

By Deborah Todd SAN FRANCISCO (Reuters) – Yahoo’s next step in password security is to eliminate them altogether. Starting on Thursday, the company announced, users of the Yahoo Mail app on both iOS and Android will have access to a new service called Yahoo Account Key, which uses smartphones to verify identities in lieu of traditional passwords. Here’s how it works: When users who sign up for Account Key try

Netflix's weak subscriber additions at odds with lofty valuation

(Reuters) – Investors questioned Netflix Inc’s premium valuation after the video-streaming service reported U.S. subscriber additions below its own expectations, a sign that competition from the likes of Hulu is intensifying. Netflix shares fell more than 9 percent to $100.11 in early trading on Thursday. While Netflix blamed the disappointing numbers on the mandated transition to chip-based debit and credit cards, some analysts said the reason seemed unconvincing since these

Netflix blames weak U.S subscriber adds on new chip-based cards

Video-streaming service provider Netflix Inc reported third-quarter U.S. subscriber additions below its own forecast, blaming a transition to chip-based cards for the miss. Shares of Netflix, known for its original shows such as “House of Cards” and “Orange is the New Black”, plunged about 15 percent after the bell, before clawing back to trade down 2.4 percent. For Netflix, the switch meant that many of the older cards on its

Apple faces $400 million in damages in university patent case: sources

By Andrew Chung NEW YORK (Reuters) – Apple’s potential damages in a patent fight with the University of Wisconsin’s licensing body could reach $400 million as a trial on the amount Apple owes for infringing a processor patent got under way on Wednesday, two people familiar with the case said. The figure is less than half the amount that U.S. District Judge William Conley cited last month as the Wisconsin