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Charter Communications nears $55 billion deal for Time Warner Cable

Time Warner Cable office is pictured in San DiegoTime Warner Cable Inc is nearing an agreement to be acquired by smaller peer Charter Communications Inc for about $55 billion, combining the second and third largest U.S. cable operators, people familiar with the matter said on Monday. A deal would create a major rival to Comcast Corp, the biggest operator in the U.S. cable and broadband market, and marks a triumph for Charter, which was rejected by Time Warner Cable just last year. The cash-and-stock deal values Time Warner Cable at $195 per share, according to sources, and comes just one month after Comcast dropped its $45.2 billion merger agreement with Time Warner Cable, clinched in February 2014, over antitrust concerns.

05/25/2015 08:55 PM

Plane safe? Hacker case points to deeper cyber issues

An illustration picture shows projection of binary code on man holding aptop computer in WarsawSecurity researcher Chris Roberts made headlines last month when he was hauled off a plane in New York by the FBI and accused of hacking into flight controls via his underseat entertainment unit. Other security researchers say Roberts - who was quoted by the FBI as saying he once caused "a sideways movement of the plane during a flight" - has helped draw attention to a wider issue: that the aviation industry has not kept pace with the threat hackers pose to increasingly computer-connected airplanes. It will force the hand of organizations (in the aviation industry)," says Jonathan Butts, a former US Air Force researcher who now runs a company working on IT security issues in aviation and other industries.

05/25/2015 05:05 PM

Daimler teams up with China's Baidu in connected cars drive

Daimler flags are seen at the annual shareholder meeting in BerlinGerman carmaker Daimler is to make software from web services company Baidu available in its Chinese Mercedes-Benz cars as part of a trend of deepening ties between carmakers and consumer technology companies. Carmakers are seeking to extend information and entertainment services available in vehicles, as well as smartphone compatibility, in an era of increasingly congested traffic. Daimler and Chinese tech giant Baidu announced their tie-up on Monday at consumer electronics show CES in Shanghai.

05/25/2015 07:58 AM

Alibaba's latest gambit in fighting fakes: foster local brands

Employee works at a Shuangwei factory in PutianBy John Ruwitch PUTIAN, China (Reuters) - Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source. In the coastal city of Putian, in Fujian province, Alibaba is working with 17 shoe manufacturers to cultivate home-grown brands online, revitalize a flagging industry and offer would-be counterfeiters an alternative source of livelihood. Critics say the scheme is misguided and Alibaba should instead focus on scrubbing its online marketplaces of widespread listings of fakes.

05/24/2015 05:07 PM

Daimler and Qualcomm to develop in-car tech, wireless charging

Shareholders arrive for the Daimler annual shareholder meeting in BerlinCarmaker Daimler on Saturday announced a partnership with mobile technologies company Qualcomm Inc. to explore wireless recharging of mobile phones in cars as well as recharging of electric cars without cables. The move forms part of a broader push by Daimler, parent company of Mercedes-Benz, as well as rival German carmakers BMW and Audi to build their expertise in software and telecommunications to bolster their status as high-tech carmakers in an era when tightening emission rules force them to downsize engines, once a mainstay of profit. In a joint statement, Daimler and Qualcomm said they were assessing the application of wireless technology to charge their electric vehicles (EV) and plug-in hybrid EVs without ever having to plug them in.

05/23/2015 10:19 PM

BlackBerry cuts jobs worldwide as it consolidates businesses

Illuminated stock graph is seen on a Blackberry logo on a Blackberry smartphone in this photo illustration taken in Zenica(Reuters) - Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. BlackBerry, which reported a 16.8 percent fall in quarterly revenue in March, had about 6,225 full-time employees as of Feb. 2015, according to its website. The company is reallocating resources to capitalize on growth opportunities and achieve profitability across all its business segments, a company spokeswoman said in an e-mailed statement.

05/22/2015 09:23 PM

TiVo said to be launching Cox video on demand

TiVo said to be launching Cox video on demand

05/25/2015 08:26 PM

Sooall Next DNA eBike turns calories into battery life

Sooall Next DNA eBike turns calories into battery lifeChina's Sooall gives exercise an eco edge, letting you charge your batteries while you pedal away.

05/25/2015 08:03 PM

Apple Watch: Its time will come

Apple Watch: Its time will comeAfter using the Apple Watch for a month, I can say it has a few moments of early brilliance but will need more apps before it's a must-have.

05/25/2015 07:59 PM

Apple's Jony Ive promoted to chief design officer

Apple's Jony Ive promoted to chief design officerIve will focus on designing retail stores and the company's new campus, Apple CEO Tim Cook announces in a company memo.

05/25/2015 07:38 PM

Why the BlackBerry Storm was the single biggest disaster in smartphone history
We’ve seen a couple of high-profile smartphone flops in recent years, including the Amazon Fire Phone and the Facebook-centric HTC First. However, neither of those phones bombed quite so spectacularly as the 2008 BlackBerry Storm, which was RIM’s first attempt at launching a genuine iPhone rival. RELATED: Why is BlackBerry still making phones? CEO Chen gives a very smart answer Both The Wall Street Journal and The Globe and Mail have published excerpts from an upcoming book about BlackBerry’s rise and fall called Losing the Signal that deal specifically with the launch of the Storm. Both excerpts make clear that BlackBerry knew the device had major, major issues when it released but it felt it had no choice because it was better to
05/25/2015 07:05 PM

Charter nears deal for Time Warner Cable

This April 1, 2015 photo shows a Charter Communications van in St. Louis. Charter Communications is close to buying Time Warner Cable for about $55 billion, two people familiar with the negotiations said Monday, May 25, 2015. (AP Photo/Jeff Roberson)Charter Communications Inc. is close to buying Time Warner Cable for about $55 billion, according to two people familiar with the negotiations.

05/25/2015 06:45 PM

Jony Ive taking new, more hands-off 'chief design officer' role at Apple

Jony Ive taking new, more hands-off 'chief design officer' role at AppleJony Ive, the man behind Apple's hardware and software design, is taking a step back from day-to-day operations. In a profile by Stephen Fry at The Telegraph, Apple has revealed that Ive is taking a new role as "chief design officer." Ive tells Fry that he's "still in charge" of the company's industrial design and user interface divisions, but the individual sections will be run by hardware designer Richard Howarth and UI designer Alan Dye, both longtime Apple employees.

05/25/2015 06:27 PM

Jony Ive becomes Apple's first Chief Design Officer

Jony Ive becomes Apple's first Chief Design Officer

05/25/2015 06:22 PM

Robot learns skills through trial and error, like you do

Robot learns skills through trial and error, like you do

05/25/2015 06:05 PM

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