newszine

How will Amazon deliver in its second biggest market?

2 hours ago NAMEX Comments Off on How will Amazon deliver in its second biggest market?
MANNHEIM, Germany (Reuters) – Every half an hour, 50 vans sweep into Amazon’s distribution center in Mannheim, Germany and sweep out again with up to 200 parcels and a precise delivery plan in each. The tightly choreographed morning operation is designed to maximize speed and minimize costs, preconditions for the success of Amazon’s rapid expansion Read More

Intel files antitrust case against SoftBank-backed firm over patent practices

2 hours ago NAMEX Comments Off on Intel files antitrust case against SoftBank-backed firm over patent practices
(Reuters) – Chipmaker Intel Corp has filed an antitrust lawsuit against a SoftBank Group Corp-owned investment company alleging the firm stockpiled patents to hold up technology companies with numerous lawsuits. FILE PHOTO: The Intel logo is displayed on computer screens at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mike Blake The complaint Read More

SoftBank adds to financial burden with $10 billion WeWork deal

6 hours ago NAMEX Comments Off on SoftBank adds to financial burden with $10 billion WeWork deal
TOKYO (Reuters) – SoftBank Group Corp’s (9984.T) financial strains escalated on Wednesday as it agreed to spend more than $10 billion to take over office-space sharing startup WeWork, knocking the Japanese tech conglomerate’s already weakened shares. FILE PHOTO: SoftBank Corp placard is prepared during a ceremony to mark the company’s debut on the Tokyo Stock Read More

Apple iPhone scam lands former college student in federal prison: reports

11 hours ago NAMEX Comments Off on Apple iPhone scam lands former college student in federal prison: reports
A former Oregon college student was sentenced Monday to three years and one month in federal prison for his role in a massive Apple iPhone tracking scam, according to reports. Quan Jiang, a Chinese national and former engineering student at a community college in Albany, Ore., pleaded guilty earlier this year to one count of Read More

Suspected Russian hackers disguised as Iranian spies attacked more than 35 countries, security officials say

11 hours ago NAMEX Comments Off on Suspected Russian hackers disguised as Iranian spies attacked more than 35 countries, security officials say
A suspected Russian hacking group disguised as Iranian spies attacked more than 35 countries, U.S. and U.K. security officials said Monday. The group Turla, also known as Waterbug and VENOMOUS BEAR, used a variety of Iranian tools and infrastructure to hack into “government, military, technology, energy and commercial organizations” in order to steal intelligence from Read More

Toyota’s luxury Lexus brand plans battery EV launch in 2020

14 hours ago NAMEX Comments Off on Toyota’s luxury Lexus brand plans battery EV launch in 2020
FILE PHOTO: Toyota Motor Corp’s Lexus brand logo is displayed at the 44th Tokyo Motor Show in Tokyo, Japan, November 2, 2015. REUTERS/Issei Kato TOKYO (Reuters) – Toyota Motor’s (7203.T) Lexus will launch its first all-battery electric vehicle next year, as the luxury brand races to market a battery-operated car amid growing competition to develop Read More

Cloudflare embroiled in child abuse row

18 hours ago NAMEX Comments Off on Cloudflare embroiled in child abuse row
A charity has accused one of the world’s biggest content delivery networks of inadvertently protecting sites that host images of child abuse. Cloudflare helps websites deliver content faster but some of its clients are known to host illegal content. The company insists it is powerless because it does not actually host the offending sites. Campaigners Read More

UK cyber-centre targets payment card fraud

18 hours ago NAMEX Comments Off on UK cyber-centre targets payment card fraud
Britain’s cyber-defence centre has thwarted more than one million cases of suspected payment card fraud in the last year, its annual review reveals. The National Cyber Security Centre (NCSC) said a dedicated anti-fraud effort stopped the cards being abused. It said it had stopped more than 1,800 cyber-attacks aimed at UK citizens and businesses in Read More

Katie Price, Lauren Goodger and Georgia Harrison Instagram posts banned

18 hours ago NAMEX Comments Off on Katie Price, Lauren Goodger and Georgia Harrison Instagram posts banned
A trio of influencers have had Instagram posts touting diet products banned by the UK’s ad regulator. TV stars Katie Price and Lauren Goodger promoted a BoomBod shot drink on their accounts, while Georgia Harrison showed off Protein Revolution’s weight loss gummies. The Advertising Standards Authority said the influencers’ posts were irresponsible. “The ads must Read More

Snap disappoints with fourth-quarter revenue guidance, sending shares down

21 hours ago NAMEX Comments Off on Snap disappoints with fourth-quarter revenue guidance, sending shares down
(Reuters) – Snap Inc (SNAP.N) on Tuesday forecast fourth-quarter revenue largely below Wall Street estimates, sending its shares down 5% in after-market trading. FILE PHOTO: A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, Read More