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German carmakers buy Nokia maps to fend off digital rivals

A view of Nokia's annual general meeting in HelsinkiBy Edward Taylor and Eric Auchard FRANKFURT (Reuters) - German carmakers BMW , Audi and Mercedes , will pay around 2.5 billion euros ($2.8 billion) to buy Nokia's maps business, beating out high-tech rivals for location services seen as key to the future of self-driving cars. Germany's three premium carmakers will hold equal stakes in the business, known as HERE, clubbing together to keep the assets away from Internet rivals such as Uber [UBER.UL] of Silicon Valley and China's Baidu and Tencent . The deal has an enterprise value of 2.8 billion euros, including liabilities of nearly 300 million euros, for which Nokia will compensate the carmakers, the Finnish company said on Monday.

08/03/2015 02:12 PM

EU regulators to decide on NXP, Freescale deal by September 4

A car enters the Freescale Semiconductor Inc plant in ToulouseBRUSSELS (Reuters) - European Union competition authorities will decide by Sept. 4 whether to allow Dutch chipmaker NXP to acquire U.S. rival Freescale in a $11.8 billion deal. NXP sought EU approval last week, according to a filing on the European Commission site on Monday. The EU antitrust regulator can clear the deal unconditionally or demand concessions to allay competition concerns. It can also extend its review to a full-scale investigation if it has deeper worries. NXP's security chips are used in security cards, government passports and building ID tags. ...

08/03/2015 06:51 AM

U.S. court to hear lawsuits over 'net neutrality' in December
(Reuters) - A U.S. appeals court will hear oral arguments on Dec. 4 in lawsuits that challenge the Federal Communications Commission's "net neutrality" rules, which prevent broadband providers from blocking or slowing Internet traffic, the court said on Monday. USTelecom, a trade group for broadband providers, and other opponents of the rules sued the FCC this year, saying the commission violated various laws, regulations and procedures when it passed the rules. The dispute is being heard in Washington by the U.S. Court of Appeals for the District of Columbia Circuit.
08/03/2015 04:18 PM

Sprint names new CFO in management shake-up

The logo of U.S. mobile network operator Sprint Corp is seen at a Sprint store in San Marcos, California(Reuters) - Sprint Corp, the No. 3 U.S. cellular operator, said Chief Financial Officer Joseph Euteneuer will be leaving the company and named Tarek Robbiati as his successor in one of many executive changes announced on Monday. Robbiati, who will join in late August, stepped down as chief executive of Australian financial services provider FlexiGroup Ltd in June. The 50-year old has previously served as deputy CFO of Telstra Corp Ltd, Australia's leading telecoms company, Sprint said.

08/03/2015 06:01 PM

Star Trek-style home elevator could replace stairlifts
By Matthew Stock For people living in a house with more than one storey, stairlifts or home elevators are often a necessity of life as they get older and find it harder to get up and down the stairs. Normal stairlifts have the disadvantage of being a permanent and visible addition to a staircase, while traditional home elevators are bulky and often impractical for most homes. A company in England is hoping their novel design will fill the gap in the market for a new kind of home elevator.
08/03/2015 08:41 AM

In a first, drug using 3D printing technology gets FDA nod
(Reuters) - The U.S. Food and Drug Administration has, for the first time, approved a drug that uses 3D printing technology, paving the way for potential customization of drugs to suit patients' needs. The drug, made by privately held Aprecia Pharmaceuticals Co, was approved for oral use as a prescription adjunctive therapy in the treatment of epilepsy, the company said on Monday. Spritam uses Aprecia's "ZipDose" technology, a delivery system that creates premeasured doses which disintegrate in the mouth with a sip of liquid.
08/03/2015 01:59 PM

John Oliver explains why Washington D.C. should be its own state
Hysterical, curse-laden and surprisingly informative — these are the traits we’ve come to expect from John Oliver’s main stories on Last Week Tonight. He’s taught us about the intricacies of the FIFA scandal, he’s shaken his head at the mountains of food Americans waste every year, and this week, he’s reminding us all how silly it is that the District of Columbia has such limited voting rights. SEE ALSO: New ‘Deadpool’ teaser shows why it will be the funniest Marvel movie ever Unlike other U.S. cities, Congress controls the budget and laws of Washington D.C. while refusing to allow the district to obtain full representation in Congress. Or, as a short 2006 documentary entitled Un-Natural State put it: “The Chinese pandas at the
08/03/2015 08:45 PM

Twitter faces lingering doubts about its future

Twitter faces lingering doubts about its futureThe company's stock falls to an all-time low after last week's report of near-standstill user growth.

08/03/2015 08:22 PM

Sony unveils smartphones with 13-megapixel front camera for selfies

Sony unveils smartphones with 13-megapixel front camera for selfiesThe Xperia C5 Ultra and Xperia M5 include beefy megapixel cameras on both the front and back as Sony struggles in a highly competitive smartphone arena.

08/03/2015 08:20 PM

KFC Memories Bucket prints up greasy memories (Tomorrow Daily 219)

KFC Memories Bucket prints up greasy memories (Tomorrow Daily 219)Khail and Ashley check out a new super-fiber that could be used in flexible tech, try to understand KFC's photo-printing fried-chicken bucket and explain why an AR sandbox could help future geologists.

08/03/2015 07:59 PM

Researchers create a worm that infects Macs silently and permanently
08/03/2015 07:53 PM

20 Things Software Developers Should Stop Saying
Most engineers I know pick up jargon and abstract-talk as a way of fitting in or standing out in the bullpen. Sometimes the 'technobabble' is used to obfuscate what is really intended or needed or simply to create a debate that only a Ph.D. in Rhetoric could enjoy -- allowing only those with "technical chops" to "parse" what the speaker really...
08/03/2015 07:16 PM

'Gunjack,' a VR space shooter that puts you in the cockpit
08/03/2015 07:16 PM

Popcorn Time vulnerability could allow hackers to take over your computer
One of the most popular movie streaming apps online might be a prime target for hackers. On Monday, TorrentFreak shared a report from Antonios Chariton (aka DaKnOb), a security engineer and researcher who discovered a major vulnerability in one of the most popular forks of Popcorn Time. READ MORE: Windows 10 is spying on almost everything you do – here’s how to opt out “There are two reasons that made me look into Popcorn Time,” said Chariton. “First of all, I know many people who have installed this application on their personal computers and use it, and second of all, by pure accident: I was setting up my computer firewall when I noticed the network traffic initiated by Popcorn Time.” Basically, in order
08/03/2015 07:15 PM

How you'll benefit if Apple becomes a cellular carrier

How you'll benefit if Apple becomes a cellular carrierApple looks into becoming a MVNO, Siri will transcribe your voice mails and Dr. Dre is bringing his first album in 16 years to iTunes and Apple Music.

08/03/2015 07:07 PM

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