Alibaba share price plummets on disappointing revenue figures August 12, 2015 Alibaba's share price is set for a continued slump after its revenue and sales growth came in weaker than expected in the first quarter. The figures The Chinese e-commerce company's stock opened over seven per cent down on the New York Stock Exchange this morning after it reported a 28 per cent increase in revenue [...]
Quiz: How well do you know Google’s Alphabet? August 12, 2015 Is it as easy as ABC? As Google transformed into Alphabet, the rest of its vast empire that isn't the money-spinning search or advertising side took the spotlight. We've put together this fiendishly tough quiz so you can test just how well you know the mysterious and ever so slightly secretive Alphabet. Think you know [...]
Uber offices raided in Hong Kong after driver arrests in illegal taxi crackdown August 11, 2015 Uber's offices in Hong Kong have been raided by police following the arrest of five drivers in the country. An operation cracking down on illegal taxis lead to the arrests, AP reports citing a police statement. The drivers are being held on suspicion of illegally carrying passengers and driving without insurance, it said. It's just [...]
Google name change to Alphabet shocks Wall Street August 11, 2015 Google stunned investors last night by unveiling a radical restructuring that will see it become part of a holding company named Alphabet. Shares in the global tech giant jumped in after-hours trading after co-founder Larry Page published a blog post detailing the new plans. The move is designed to differentiate between Google’s core [...]
Gene-editing startup Editas just raised $120m from Bill Gates, Google Ventures and 12 other investors August 10, 2015 A gene-editing startup has just raised $120m to learn more about replacing faulty genes, gaining support from Microsoft billionaire Bill Gates and 13 other investors. The startup Editas Medicine want to tackle grave illnesses by removing our defective genes, and plan to use the recently raised capital to study a new technology that could finally [...]
Lexus hoverboard video: Manufacturer says it has created a levitating board called Slide, using superconducting magnets August 10, 2015 Has Lexus just created a hoverboard? The company has released details of a “frictionless movement” vehicle called Slide, which it says uses magnets inside a chassis to levitate. The Lexus Hoverboard operates using magnetic levitation to achieve amazing frictionless movement. Liquid nitrogen cooled superconductors and permanent magnets combine to allow Lexus to create the impossible. [...]
Carphone Warehouse cyber attack probed by data watchdog ICO August 10, 2015 Dixons Carphone has suffered its first major blow since last year’s £4bn merger after admitting to a huge data breach that has put millions of customers at risk and sparked an investigation by the UK’s data watchdog. The Information Commissioners Office (ICO) said yesterday that it is “making enquiries” into the attack after being [...]
Facebook hack: Security flaw allows hackers to harvest personal data using only a phone number August 9, 2015 Facebook has come under fire for lax user data security, as a software engineer was able to extract personal information about thousands of users from the social media company. With thousands of users’ names, photos, location settings and phone numbers leaking out through a security loophole, Facebook has been called upon to tighten its privacy [...]
WalkCar: This Japanese transporter is the size of your laptop and rivals Segways and hoverboards August 9, 2015 It’s 2015, and yet the hoverboards promised to us by Marty McFly have yet to materialise. But if you’ve been dreaming of something similar hitting the market, you may like this futuristic skateboard from a Japanese inventor. 26 year-old engineer Kuniako Saito has developed WalkCar, a portable transporter that he says is the world’s first [...]
Astronauts on International Space Station about to harvest first-ever space-grown food, as Nasa develops “Veggie” plant growth chamber August 9, 2015 Nasa astronauts have been growing lettuce in space, as the first-ever space-grown fruit and veg is about to be harvested on the International Space Station. Forget freeze-dried meals, astronauts are about to get a better deal. Nasa has developed a plant growth chamber dubbed “Veggie” and sent it into orbit. Produce from the mini-greenhouse is [...]