Tech news Israeli augmented reality firm Lumus gets 15 million dollars Ghada Ismail Jun 16, 2016 0 Lumus, a developer of technology for augmented reality, said on Wednesday it has received $15 million of funding…
Tech news ASML to acquire Hermes Microvision for $3.1 billion in chip sector shake-up Ghada Ismail Jun 16, 2016 0 Dutch chipmaking equipment firm ASML Holdings NV has agreed to buy Taiwanese peer Hermes Microvision Inc for about…
Tech news Uber to pay $7.5 million to settle driver lawsuit Ghada Ismail Jun 16, 2016 0 Uber has agreed to pay $7.5 million to settle a lawsuit brought by drivers over background checks conducted by the…
Tech news ‘Spam King’ sentenced to two years in prison Ghada Ismail Jun 16, 2016 0 A US man who sent more than 27 million spam emails to Facebook users has been sentenced to two and a half years in…
Tech news China’s Didi Chuxing scores $7.3 billion in new funding Ghada Ismail Jun 16, 2016 0 Chinese car-hailing app Didi Chuxing Technology Co said it raised $7.3 billion in its latest round of funding,…
Tech news Airbnb gets $1 billion debt facility to fund expansion Ghada Ismail Jun 16, 2016 0 Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new…
Tech news Microsoft opposes U.S. labor board ruling on contract worker rights Ghada Ismail Jun 16, 2016 0 Microsoft Corp has asked a federal court to throw out a ruling by a U.S. labor board extending the responsibility…
Tech news Lenovo unveils The new Moto Z, Moto Z Force smartphones Ghada Ismail Jun 15, 2016 0 The Moto Z, Moto Z Force smartphones announced at the Lenovo Tech World 2016 in San Francisco could be the future…
Tech news Ericsson plans to lay off thousands to cut costs Ghada Ismail Jun 15, 2016 0 Telecoms equipment maker Ericsson plans to lay off thousands of staff this summer and is considering large,…
Tech news Nissan to develop ethanol-based fuel cell technology by 2020 Ghada Ismail Jun 15, 2016 0 Nissan Motor Co said on Tuesday it was developing fuel cell vehicle (FCV) technology using ethanol as a hydrogen…