LG Electronics has invested $3 million in US-based Bossa Nova Robotics — marking the first time the company has injected funds into an overseas robot developer.
China-backed fund brings new opportunities to Middle East tech firms
London-based investment firm Centricus has partnered with Chinese firms China Merchants Group and SPF Group to launch a $15 billion fund aimed at technology companies globally.
Facebook data misuse investigation broadens: report
The federal probe into Facebook’s data breach incident with political consultancy Cambridge Analytica has broadened focus on the actions and statements of the tech giant.
MENA projects shortlisted for global future cities competition
The Royal Institution of Chartered Surveyors (RICS), in partnership with the United Kingdom National Commission for UNESCO, has announced the shortlist for the Cities for our Future competition.
Sluggish Apple Maps set for major overhaul to challenge Google
During WWDC earlier this month, there was one app that was conspicuously missing from the iOS 12 demo: Maps. Instead of adding …
“SoftBank Son’s US investment $72 billion”: President Trump
U.S. president Donald Trump said on Thursday that SoftBank CEO Masayoshi Son is increasing his investment in the United States …
Amazon to acquire $1 billion online pharmacy PillPack
Amazon is buying its way into the heart of U.S. healthcare, shaking up a prescription-drug industry already in the midst …
Waymo needs ‘large number’ of cars for European operations
Alphabet self-driving unit Waymo will need “a large number” of cars to expand its robo-taxi service to Europe, its chief executive told a newspaper, Reuters reported.
Boeing backs unmanned aerial vehicle startup
Boeing has announced its investment in Matternet, a California-based startup pioneering safe, on-demand unmanned aerial vehicle (UAV) delivery operations in urban environments.
After building an online empire, Facebook dabbles in print media
Facebook on Tuesday launched a quarterly print magazine called Grow aimed at business leaders and execs.
Egypt accounts for 3.97M of global ransomware threats: study
Egypt continues to face a growing threat from cyber-attacks with malware detections in Q1 of 2018 reaching 253,995, the second highest figure in the North African region.
BlackBerry shares fall as software revenue gets hit
BlackBerry has dropped the most over the last 12 months after investors focused on weak growth in software revenues that …
Intel CEO steps down after relationship with employee
Intel’s CEO Brian Krzanich resigned on Thursday after an investigation discovered he had a consensual relationship with an employee in …
SoftBank’s Masayoshi Son on the hunt for global tech unicorns
SoftBank Group Corp’s CEO Masayoshi Son said on Wednesday he plans to devote the bulk of his time on the double down on the firm’s ambitious tech investment strategy.