‘tech’ Tagged Posts

Apple confirms $1 billion investment in SoftBank tech fund

Softbank has said that it will invest at least $ 25 billion in the fund and is in talks with Saudi Arabia's Public Investment Fund for investment ...

 

Apple confirms  billion investment in SoftBank tech fund

Softbank has said that it will invest at least $ 25 billion in the fund and is in talks with Saudi Arabia’s Public Investment Fund for investment and can be as much as $ 45 billion.

“We believe their new fund and will the speed of the development of technology that can be strategically important to Apple,” company spokesman Josh Rosenstock told Reuters.

Softbank has also said that he planned to do in the future on large scale investments through the technology fund, rather than on its own.

Reuters reported in December, citing sources familiar with the matter, that Apple has held talks with Softbank oor’n investment.

Soft confirmed that Apple investment, says Benjamin Spicehandler, the outside public relations representative for Softbank. He added that Foxconn, Oracle founder Larry Ellison family office and chipmaker Qualcomm has also said that they plan to invest in the fund.

(Reporting by Aishwarya Venugopal in Bengaluru and Stephen Nellis in San Francisco; Editing by Saumyadeb Chakrabarty and Dan Grebler)

European tech investors spot safe havens from Brexit worries

 

European tech investors spot safe havens from Brexit worries

Frankfurt (Reuters) -. Technology investors sought shelter after Brexit picking companies provide direct access to services for web and mobile clients or companies mainly do business worldwide that could benefit from falling kilos

It’s way too Skram hardware makers or email trafficking suppliers with large British sales, which accounts for less currency driven by swinging voice of great Britain to leave the EU.

Shareholder is also cautious for software and services companies get caught short by freezing budgets by customers scrambling to evaluate their businesses and consequent slower economic growth.

Second quarter results starting this week and running in August. The Stoxx European technology index fell 10 percent in the June 23 vote, but has since returned 6.6 percent. It is namely 10.5 percent so far this year, weighed by the slowdown in the global economy is growing smartphone and concern about the global economy.

Brexit playing in a deeper trend in which established technology companies providing traditional hardware, software or services is losing ground to cloud-based businesses, such as corporate spending and consumer appetite shifted to the Web and mobile phones.

“There will be many companies poorly positioned for the cloud that will proclaim Brexit as a timely excuse for their own problems,” said Ben Rogoff, a fund manager at Polar Capital in London

“Let’s be clear here:. This uncertainty takes place against the background of growth, which in any case disappointing These companies will blame Brexit their own misexecution” ..

a recording of the head inligting beamptes in the United States and Europe by Morgan Stanley in June – before Brexit voice – the buyers had already paring back 2016 spending plans for hardware and technical services. Cloud, big data and security remains above bestedingsprioriteite, it found.

After the vote, global market research firm Gartner cut its technology spending outlook for Britain by 3 percent this year and 5 percent in 2017.

safe havens

two UK-based safe havens is ARM Holdings, the chip technology used in most smartphones licenses worldwide, and Sophos, driven by demand for its computer security software and services, most financial analysts say.

US names such as Salesforce.com and Red Hat, with a long-term subscriptions for Internet software supplied little direct exposure to the UK, are safe bets, said Silicon Valley-based analyst Trip Chowdhry. Amazon.com and Apple, while operating in Britain, enjoys strong brands and tough sake subscription models tend to isolate them from any UK slowdown, he said.

Worldwide benefits of spending on its advanced chip aimed ASML Netherlands makes tools from Intel and Taiwan’s TSMC <2330.TW>, along with the positive effects of product sales in dollars, but the discussion of them said in euros, Morgan Stanley.

Europe’s largest software maker, SAP, remains isolated by long sales cycles and an entrenched multinational client base, with little direct exposure to the UK, although the Brexit shock could prove in the last week of June has delayed some new software license trade.

Baader analyst Knut Woller expects SAP later confirm this month its full year 2016 financial targets, “SAP consensus for flat growth licensed in the second quarter, which would be seen to meet as a relief” and the stock handlebar higher, he said.

vulnerable

But the UK online advertising and e-commerce sales by other major American Internet in particular is set to an ultimate hit of slower economic growth and translation pounds in US dollars take breaks for record purpose, said Deutsche Bank analyst Ross Sandler

it includes eBay, with 16 percent of revenue from Britain. Price travel site with an estimated 15 per cent; Google 9.5 percent and Facebook with an estimated 7 to 10 percent linked to Britain, Sandler said.

Eastern European software service EPAM and Luxoft, which heavily rely on contracts of financial services and media customers in Britain and Western Europe, a number of technology stocks hardest hit in the region by worry about how Brexit undermine economic growth. Both stocks are en 15-20 percent in the past month.

Financial software vendors Temenos of Switzerland and the United Kingdom established Fidessa may have trouble closing contracts to reconsider the second half of 2016 as banks their British positions, UBS said.

“While we do not think the UK abandoned” vote is analogous collapse of Lehman, we think it’s probably as banks consider impede the possible implications of the decision-making in Europe, “UBS software analyst Michael Briest said

Dutch car navigation vendor TomTom’s stock has 20 percent immersed in the past month. UK consumers are responsible for 13 percent of sales, with three-quarters of total sales come from Europe, Barclays said <. / p>

“We have challenging times ahead for TomTom based on its exposure to the UK consumer market and the negative impact of foreign currency must TomTomâ ???? Gross have margins, “the Barclays analyst Andrew Gardiner.

TomTom face a double hit because most of what they sell are priced in dollars, making purchases more expensive in Britain.

(Editing by Ruth Pitchford)

U.S. meets tech leaders, forms task force to fight online militants

 

U.S. meets tech leaders, forms task force to fight online militants

WASHINGTON / SAN JOSE (Reuters) – The Obama administration sent on Friday to his top national security officials tech meet industry leaders in Silicon Valley and announced a new task force to online propaganda against the United States trying to crack down on the down unprecedented use of the Internet by the jihadiste.

White House Chief of Staff Denis McDonough led a high level government delegation which held talks with representatives of some of the nation’s largest technology companies, including Apple CEO Tim Cook.

It is the latest attempt by the Obama administration to technology firms nice talk more cooperative with the intelligence services asked a ravine by the former National Security Agency contractor Edward Snowden’s revelations, which oversees government set put to be.

The talks, a government complex along San Jose City Hall, described by a senior administration official as â ???? technological brainstorming meetingâ ???? to look at ways to make it more difficult for violent extremists use the internet to recruit support or to plan attacks.

“We explain our policies and how we enforce them – Facebook does not tolerate terrorists or terrorist propaganda and we work aggressively to it as soon as we become aware of to remove it,” has a Facebook spokesman said after The meeting, which lasted two hours and 15 minutes.

Google, Twitter, Microsoft, Yahoo and LinkedIn also plans to send senior managers as President Barack Obama works to the public that his administration battles against Islamic state in the wake of the recent attacks in Paris and reassure San Bernardino, California.

A Brookings Institution report in 2015 noted that Islamic state that large parts of Syria and Iraq control, the industry has at least 46 000 Twitter accounts for a period of three months in 2014.

Security was surprisingly light around the San Jose venue and local media posted photos on Twitter of Homeland Security Secretary Jeh Johnson McDonough and walk down the street to get coffee before the meeting.

encrypted COMMUNICATION

Several social media companies have their conditions of service updated within the last 18 months to a stricter attitude to the content that can incite violence, but some are reluctant to appear cooperative with the government due to privacy and commercial interests.

Twitter, long beswadderde less cooperative as other companies such as Facebook, updated its policy last week expressly forbidden â ???? hateful conduct.â ???? battle

Law enforcementâ ???? s encrypted electronic communication used by criminal and terrorist suspects was to crack down on the agenda, but not expected to be a central focus, said sources.

Intelligence officials and some lawmakers have complained that the growing incidence of strong encryption email, phone and messaging platforms, such as iMessage or Whatsapp, hamstring their ability to monitor communications between criminal suspects.

The Obama administration abandoned a push last year for legislation that would force US companies to so-called â ???? build backdoorsâ ???? in getting their products investigators access to encrypted data, calls amid concerns from technologists and privacy. The meeting is not required to make a change in the official position of the White House fast.

Attorney General Loretta Lynch and FBI Director James Comey and other senior officials also have the San Jose talks.

As part of its online efforts against jihadiste, a new group known as the tools of violent extremism Task Force will “integrate and harmonize” government efforts to prevent violent extremism in the United States, White House national security spokesman Ned Price said.

The changes appear largely bureaucratic, however, and reflects the government’s ongoing battle for the presence of the Islamic State necessarily speak online.

The task force will involve the Department of Homeland Security and the Department of Justice and other federal and local agencies.

In addition, the Ministry of Foreign Affairs said that the renovation of how to deliver anti-propaganda on websites like Twitter with the formation of a new global Engagement Center. This will move away from a heavily criticized campaign that included production English counter-propaganda content and direction help allies in creating more targeted anti-militants communication

(Additional reporting by Roberta Rampton and Julia Edwards in Washington ;. Editing by Jonathan Weber and Alistair Bell)

China says tech firms have nothing to fear from anti-terror law

 

China says tech firms have nothing to fear from anti-terror law

The law draft anti-terrorism cause concern in Western capitals as the technology companies may need to “agter Deure” install products or deliver sensitive information such as cryptographic keys to the government.

The law is currently busy with another reading at the last meeting of the standing committee of China’s largely rubber-stamp parliament, the National People’s Congress, which ends on Sunday.

This week, the US State Department said it had expressed “grave concern” about the law that China would do more harm than good to the threat of terrorism.

Chinese Foreign Ministry spokesman Hong Lei said he was “dissatisfied” with the US position and hoped they respected China law process and does not take “double standard.”

China faced a serious threat of terrorism and what is needed to improve its legal framework to deal with the problem, Hong added.

“What we do is reasonable and fair,” he said.

Terrorists have already operated with the help of the Internet and China to necessary laws with this, Hong added.

“While the wording of the law, to the laws of other countries, including the United States, we refer,” he said, pointing to the US Communications Assistance for Law Enforcement Act, an eavesdropping law.

“The concept of our anti-terrorism legislation requires the obligation of telecommunications operators, Internet servers and providers to help stop public and state security organ and investigating terrorist activities,” Hong added.

“It is both entirely rational and necessary. This rule will not restrict the legitimate business activity, not a ‘backdoor’ and freedom of speech will not be the companies do not affect Internet intellectual property. “

Officials in Washington argued the law, coupled with a new concept banking and insurance regulations and a host of anti-trust investigation, unfair regulatory pressures focus foreign companies.

China in July, the national security law, all major network infrastructure and requires information systems “secure and verifiable” be.

The US also said the new law may restrict freedom of expression and association.

Hong said China pays great attention to the relationship between fighting terrorism and protecting the human rights and will ensure people’s rights are protected.

Officials say China faces a growing threat from militant and independence, particularly in the unruly western region of Xinjiang, where hundreds died in violence in recent years.

The law groups, though, doubt the existence of a coherent militant group in Xinjiang, saying the unrest stems mostly from anger among the region’s Muslim Uighur people about restrictions on their religion and culture.

(Reporting by Ben Blanchard; Editing by Nick Macfie)

K-12 student database jazzes tech startups, spooks parents

 

K-12 student database jazzes tech startups, spooks parents
A

educational technology conference this week in Austin, Texas, will Clang with bells and whistles that start with impatience show their latest products.

But the most influential new product less flashy:. a database built $ 100 million in the course of the students in public schools from kindergarten through high school

In just three months of operation, the database contains all trace files of millions of children identified by their name, address and social security number, sometimes. Learning disabilities are documented test results recorded presence noted. In some cases, the database follows the free time of students, career, attitude toward school -. Even homework completion

local education officials retain legal control of the information for their students. But federal law allows them to share files in their part of the database of private companies offering products and educational services to sell.

Entrepreneurs

can not wait.

“This will be a big win for us,” said Jeffrey Olen, Product Manager at Compass Learning, which sells educational software.

Compass Learning

will join two dozen companies technology conference this week in SXSWedu show how they can use the database to create customized products to make -. educational games for students, lesson plans for teachers, activity reports of the Directors School

The database is a joint project of the Bill & Melinda Gates Foundation, which most of the financing of the Carnegie Corporation of New York and the school officials from different countries. Strengthening Education, a division of Rupert Murdoch’s News Corp., the infrastructure built over the past 18 months. When he had finished, the Gates Foundation is the database to a new nonprofit Inbloom Inc., which will launch.

States and school districts can choose whether they want to share their student records in the system, the service is free for now, though officials say they will Inbloom probably start to charge in 2015 to seven states -. Colorado, Delaware, Georgia, Illinois, Kentucky, North Carolina, and Massachusetts – have committed to enter data selected school districts Louisiana. and New York, the statewide get almost all the records of the students.

“We look at personalized learning as the next hop big step forward in education,” said Brandon Williams, director of the Illinois State Board of Education.

SI data leaks, what remedies

federal officials say the project database complies with the Privacy Laws. schools do not have permission from the parents of students to share files with a “school official” with a “legitimate educational interest”, said the Ministry of Education. Department defines “school official,” the private companies involved in the school, to the extent that data only for the purposes stated in the contract.

The database also allows school administrators full control of student records, so they can choose the test results to share with a supplier, but denied social security numbers or folders disability.

This is very reassuring for many parents.

“Once this information is there, it will be abused. There is no doubt in my mind,” said Jason France, a father of two children in Louisiana.

While obligations

Inbloom tightly around the data, its own privacy policy states that he “can not the security of the stored information to ensure keep … or that the information will not be intercepted when it airs.”

Parents

New York and Louisiana state officials wrote in protest. example, Massachusetts chapters of the American Civil Liberties Union and Parent-Teacher Association. If student records flea hacked or abused, “What are the remedies for parents?” asked Norman Siegel, a civil liberties lawyer in New York who has worked with the protesters. “It’s very disturbing.”

VENTURE CAPITAL MAGNET

Fans

meet project files are safer in the database that school districts spread. Moreover, they say, the upside potential is huge, with the power to transform classrooms in the United States

Is Johnny

have trouble converting decimal fractions Database recorded – and perhaps boring as textbooks, animation and adore playing baseball after school personalized learning software can use this information to serve a lesson. mathematics to perhaps measure a set of animation that uses baseball statistics to teach decimals.

Johnny

teacher can see the development of a “dashboard” that clear images used to map the progress of each student dozens, even hundreds, of different skills.

“You can begin to see what works for each individual student,” said Adria Moersen, a professor at the Colorado High School has tested a number of new products.

The sector is undeniably hot, tech startups to K-12 schools has more than $ 425 million in venture capital last year by NewSchools Venture Fund, a nonprofit organization that focuses on the sector. Investment Advisors company GSV followed 84 offers in the past year, compared with 15 in 2007.

most of its $ 100 million in the database, the Gates Foundation pledged $ 70 million in grants to schools and companies to develop personalized learning tools.

New products are regularly

on the market, but educators and entrepreneurs say slow adoption due to technical problems.

warning systems to

LEGS

APPEARANCE Schools

tend to store various student information bits in different databases, often with different operating systems. Therefore it is difficult to learn new applications into the classroom.

chain Rocketship charter schools, for example, administrators must manually at least five databases to update their educational software works well when a child transfers from one teacher to another, said Charlie Bufalino a framework Rocketship.

to add extra steps cost, the number of applications that a school can buy limited. And because the data is very fragmented, private companies are not always a true picture of each student’s academic performance, and even less of their personal characteristics

new database aims to clear the obstacles in integrating all the information about students – . including data that may have been stored in paper files or notebooks teachers -. within a flexible platform

business technology education can use the same platform for their software to develop programs that will connect to a wealth of information about students, as a district or state permits access.

This perspective has a number of companies big dreams.

Larry Berger, a leader amplifier education, says that the data can be used to develop “early warning systems.” Maybe things will turn out, eg early school leavers highest began to throb with mathematics at the age of 8. If this is the case, all future 8 year olds fitting this model could be identified and given extra help.

Companies with

Access to the database will also be able to identify and their teachers fighting concepts that students have not mastered to locate a startup that could benefit:. Bloom Board that professional development schools plan tailored to each teacher sells

.

new database “is a godsend for us,” said Jason Long, CEO Bloom Board. “This allows us to collect more data faster, faster and cheaper.”

.

While bullish on the sector, Michael Moe, chief investment officer at GSV Capital, warns that there is still no evidence of the new technology will produce “game-changing results” for students – or, indeed, sterling profits for investors.

Others are skeptical

yet.

“The hype in the technical press is that education is a technical problem that can be solved by technology,” said Frank Catalano intrinsic strategy, a consultancy focused on education and technology. “In my opinion, this is a very naive and destructive.”