The Finnish postal service has begun tests with drones to deliver online purchases. According to Posti Group, it is the first company in Europe to experiment with unmanned aerial vehicles (UAV) for mail delivery in an urban area, with a flight path that is partially obstructed. During the tests, parcels that weigh no more than three kilograms will be flown to the island by the drone, while letters and other
By Matt Smith DUBAI (Reuters) – Kuwait’s Zain will investment more in technology firms in parallel industries and is considering buying into two digital advertising companies, the telecom operator’s chief executive said on Monday. Zain, like many Gulf telecoms operators, has suffered as subscriber growth stagnated and replacement services such as instant messaging and Internet-based calls replaced higher-margin text messages and conventional phone calls. Last week, it announced a link-up
“Ooooh, Oculus Rift,” says General Public Member Number One. “It’s so cool, and when i put it on my head, I feel like my head is twice the size. That means I have more brains.” “Yes,” agrees General Public Member Number Two, sipping daintily from a china cup. “I like the way I walk into walls when I am wearing it, and also how I stood on my cat that
Japanese prosecutors have filed charges against Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, accusing him of stealing $2.7 million of clients’ money, media reported. The French-born Karpeles, 30, was arrested last month in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency. The charges, which were filed on Friday, said Karpeles embezzled total 321 million yen ($2.66 million) by transferring
Hutchison Whampoa Ltd on Friday sought EU approval for its 10.25-billion-pound ($15.82 billion) bid for Telefonica’s British mobile unit O2, the same day regulators unveiled a tougher approach towards mergers in the sector. The European Commission said it would decide by Oct. 16 whether to clear the deal, which would make Hutchison’s Three UK business the second-biggest of the UK’s three remaining network operators. The EU competition authority could either
Solera Holdings Inc, the insurance claims processing software maker that has sought to sell itself in a leveraged buyout, has so far failed to agree on an acquisition price with private equity firms, people familiar with the matter said on Friday. Buyout firms Vista Equity Partners and Thoma Bravo LLC have made offers that failed to meet Solera’s valuation expectations, the people said. Solera is now trying to sell itself
Want to own the new iPhone without burning a hole in your pocket every month? Sprint seems to be the cheapest option in the United States. The competition in the U.S. wireless industry is fierce and the launch of the newest iPhone iteration on Wednesday is a chance for carriers to lure customers away from their rivals.
WASHINGTON (Reuters) – President Barack Obama said on Friday that the United States needs to be much more rapid in its response to cyber attacks. Obama, speaking at a town hall event with U.S. military members, described certain cyber practices from China as not acceptable. (Reporting by Julia Edwards; Editing by Sandra Maler)
Sony has been on a roll updating its mirrorless full frame camera lineup with the a7 Mark II and a7R Mark II, and so it seems natural that the Sony a7S Mark II is here at long last. While the a7S Mark II sticks with a 12.2MP sensor, Sony has added 5-axis in-body image stabilization to the new. The added stabilization should help photographers take steady images in low light
(Reuters) – Yahoo Inc is planning a major shakeup in its media unit and the unit’s top executive, Kathy Savitt, could lose her job, Re/code said, citing sources. Savitt is also Yahoo’s chief marketing officer. Her job has been the topic of much discussion inside Yahoo for a while, Re/code reported on Friday. (http://on.recode.net/1VRIwBQ) Yahoo was not immediately available for comment. (Reporting by Anya George Tharakan in Bengaluru; Editing by
