tech biz

Airbnb raises $555M to grow globally

Home sharing giant Airbnb just raised $555 million and is seeking even more in a funding round that values the company at $30 billion, a source close to the company told AFP.

Uber rival Grab partners with driverless car firm in Singapore

Users of ride-hailing firm Grab will be able to book driverless cars from Friday as it partners with a start-up testing the technology in Singapore, just days after rival Uber debuted its self-driving vehicles in the United States.

Twitter launches live streaming apps on several platforms

Amid an increasing demand for live video services, Twitter is strengthening its position in the same segment as it launches a new live streaming app for several platforms, all aimed at distributing live videos on otherwise non-traditional platforms. 

Samsung to limit recharging of faulty Note 7 batteries

Samsung said Wednesday it would limit recharging of the batteries of its Galaxy Note 7 smartphones to lower the risk of explosions in a measure apparently intended to jolt users into returning their devices following a recall.

Facebook adds 360-degree photos to newsfeed

Facebook Inc. on Thursday launched a feature that allows users to upload photos with 360-degree views.

IBM signs $300-M IT deal with Emirates Airline

IBM on Tuesday said it signed a $300 million, ten-year technology services agreement with Dubai’s Emirates Airline.

Huawei sues Samsung over wireless patents

WASHINGTON - Chinese technology titan Huawei said Tuesday it filed suit in the United States against Samsung, claiming its South Korean rival has infringed on patents on wireless connectivity for mobile devices.

Microsoft to trim smartphone business, plans to cut 1,850 jobs

Microsoft Corp. said on Wednesday it will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950 million from the operation.

Facebook changes policies on 'Trending Topics' after criticism

SAN FRANCISCO - Facebook Inc. said on Monday that it had changed some of the procedures for its "Trending Topics" section after a news report alleging it suppressed conservative news prompted a U.S. Congressional demand for more transparency.

Google doubles down on artificial intelligence with Home, Allo

CALIFORNIA - Alphabet's Google Inc. unveiled its answer to Amazon's Alexa virtual assistant along with new messaging and virtual reality products at its annual I/O developer conference on Wednesday, doubling down on artificial intelligence and machine learning as the keys to its future.