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Stories by John Ribeiro

Taxi hailing apps Mytaxi and Hailo will merge to counter Uber in Europe

Daimler’s Mytaxi and British firm Hailo, both ride-sharing companies, have merged to form what is being described as Europe's largest taxi hailing company with 70 million passengers and 100,000 registered taxi drivers in over 50 cities across nine countries.

Written by John Ribeiro26 July 16 21:52

Amazon testing parcel deliveries by drones in the UK

Amazon.com will be testing the delivery of parcels using small drones in the U.K. in a deal with the government that will allow it to try out new modes of operation such as beyond line of sight flights.

Written by John Ribeiro26 July 16 13:51

Yahoo abandons fight, sells internet business to Verizon for US$4.8B

Ailing Yahoo is selling of its operating business for US$4.8 billion to Verizon Communications, in a cash deal that will reduce the storied tech firm to mainly holding its cash, stakes in Alibaba and Yahoo Japan and non-core patents.

Written by John Ribeiro25 July 16 21:19

IBM grows in cloud and data analytics but overall revenue slides

IBM’s revenue continued to decline in the second quarter but growth in some of its strategic initiatives like cloud computing and data analytics suggest that the company may be on track in its transition plans.

Written by John Ribeiro19 July 16 16:47

SoftBank said to acquire ARM for about US$32 billion

Japan’s SoftBank is set to acquire UK chip design company, ARM, to cash in on growing demand for processors and other technologies for the internet of things and mobile markets, according to news reports.

Written by John Ribeiro18 July 16 12:50

Tesla asked to brief US Senate committee on fatal car crash

Tesla Motors has been asked by a U.S. Senate Committee to brief it on the circumstances leading to a fatal accident that killed the driver of a Tesla Model S, while the vehicle’s Autopilot driver-assistance feature was turned on.

Written by John Ribeiro15 July 16 14:31

FAA compromise bill drops key drone privacy provisions

A Federal Aviation Administration reauthorization bill that was passed by the Senate on Wednesday has excluded key privacy provisions, including a requirement that commercial and government users of drones should disclose if they collect personally identifiable information of a person.

Written by John Ribeiro14 July 16 17:47

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