Sci & Tech

Apple says iPhone X pre-orders are “off the charts”

Apple Inc quashed concerns of muted demand for its iPhone X on Friday, saying pre-orders for the 10th anniversary phone were “off the charts”. The company’s shares, which have fallen steadily since it announced in early September it would launch two iPhones within two months, rose nearly 3 percent in response. Pre-orders for the much-anticipated […]

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Steve Jobs’ sports ride is part of high-end car auction

A sleek sports car once owned by Steve Jobs could sell for over $300,000 at a Manhattan auction. But its price is practically pocket change compared to some of the million-dollar rides that will be offered alongside it. The Apple founder’s BMW Z8 convertible is among about 30 sets of hot wheels being offered by […]

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Over 9.7 million Nigerians access Facebook daily

Facebook, leading social media platform disclosed yesterday in Lagos that over 9.7 million Nigerians visit its site on daily basis. According to the platform, an average online user in Nigeria spends nothing less than seven hours and in Europe, only four hours is spent by an online user. It noted that it is expecting 6 […]

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LG Display third-quarter profit surges 80 percent to beat expectations

By Joyce Lee SEOUL (Reuters) – South Korea’s LG Display Co Ltd said third-quarter operating profit surged about 80 percent, beating market expectations, on the back of a recovery in panel prices and increased demand for mobile devices ahead of the holidays. It also forecast increased demand for panels in the current quarter. Operating profit […]

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Frequency of excessive summertime heat seen rising across U.S.

By Laura Zuckerman (Reuters) – Nearly two-thirds of Americans, mostly in Western states and on the Eastern seaboard, have endured more days of extreme summer heat over the past 10 years than in previous decades, a leading environmental group said in a study unveiled on Tuesday. The analysis compared daily summertime high temperatures recorded at […]

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Toyota: Committed to hydrogen cars despite potential ‘game changer’ EV battery

TOKYO (Reuters) – Toyota Motor Corp’s solid-state battery technology under development could be a “game changer” for pure electric vehicles, but that does not mean the automaker is moving away from hydrogen-powered fuel cell vehicles, a company executive said. “We believe our solid-state battery technology can be a game changer with the potential to dramatically […]

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Tezos leaders ask for patience over dispute on cybercurrency project

By Anna Irrera, Steve Stecklow and Brenna Hughes Neghaiwi LAS VEGAS (Reuters) – The creators of an embattled cybercurrency technology project called Tezos expressed regret on Tuesday about their ongoing dispute with the head of a Swiss foundation that controls the $232 million they raised in one of the largest “initial coin offerings” ever. In […]

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Delphi to buy self-driving tech startup nuTonomy for $450 million

By Paul Lienert and Joseph White (Reuters) – Delphi Automotive Plc said on Tuesday it will buy self-driving car software startup nuTonomy for $450 million, helping to put automated vehicles using its technology into commercial use in 2019, a year earlier than planned. Delphi and nuTonomy have been testing automated vehicles in Singapore, where regulators […]

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With new technology, Mazda gives spark to gasoline engine

By Naomi Tajitsu and Norihiko Shirouzu HIROSHIMA, Japan (Reuters) – In the high-stakes, high-cost battle among global automakers to develop ever more efficient vehicles, one of the biggest breakthroughs in internal combustion engine technology in years looks to be coming from one of the industry’s smaller players. Japan’s Mazda Motor Corp <7261.T> has zoomed past […]

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AMD forecasts first revenue drop in seven quarters, shares plummet

By Laharee Chatterjee (Reuters) – Advanced Micro Devices Inc on Tuesday flagged competitive pressures with a forecast that pointed to the first revenue drop in seven quarters, sending the chipmaker’s shares plunging 11 percent in after-hours trading. The company, which has gained from a surge in demand for its chips from cryptocurrency miners, also sought […]

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Note with Einstein’s theory on life auctioned for $1.3 million

JERUSALEM (Reuters) – Strapped for cash in a Tokyo hotel, Albert Einstein wrote his take on life on a note and handed it to the bellboy instead of a tip. The physicist’s formula for happy living fetched $1.3 million on Tuesday, a Jerusalem auction house said. In 1922, Einstein was en route to Japan when […]

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Amazon launches cash payments in Mexico to lure shoppers online

By Daina Beth Solomon MEXICO CITY (Reuters) – Amazon.com Inc <AMZN.O> launched a cash payment service in Mexico on Tuesday, aiming to expand its customer base in a country where shoppers are wary of credit card fraud and often earn their living in paper currency. The strategy could also help it to win market share […]

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