Technology News
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Snap’s Spectacles available online

Snap’s Spectacles available online

Days after releasing a "Roadshow" video to attract potential investors for its IPO, Snap Inc. has announced the online availability of its video-recording sunglasses, called Spectacles.

The social media company, which is best known for its short-lived image and video service Snapchat, has also closed its pop-up store in New York and activated a buy button on its Spectacles. com website.

Eric Holder to oversee Uber’s review of sexism allegations

Eric Holder to oversee Uber’s review of sexism allegations

Uber has brought on former U. S. Attorney General Eric Holder to oversee an independent review of the alleged sexism allegations made by a former employee of the company, CEO Travis Kalanick announced.

In an email to employees, Kalanick wrote that the company would conduct an independent review of the alleged issue, and Mr. Holder would oversee it.

On Sunday, former employee Susan Fowler, who started working at Uber in Nov. 2015 as a site reliability engineer, wrote in a blog post about her work experience and the accused the company of sexism.

Samsung to reportedly match Apple’s hefty price rises for upcoming Galaxy phones

Samsung to reportedly match Apple’s hefty price rises for upcoming Galaxy phones

Samsung is going to match Apple Inc.'s planned hefty price increases which will make both the Galaxy S8 and iPhone 8 smartphones to retail for more than $1,000, SamMobile reported.

Citing a database leak, SamMobile revealed that the Galaxy S8 (SM-G950) and Galaxy S8 Plus (SM-G955) will be launched with price tags starting at $950 and $1,050 (after currency conversion), respectively.

Thus, the 2017 models of the popular Samsung smartphones will carry a circa $100 premium over their predecessors Galaxy S7 and Galaxy S7 Edge.

GM reportedly planning to build & test thousands of self-driving cars

GM reportedly planning to build & test thousands of self-driving cars

American automobile giant General Motors Co. (GM) is reportedly preparing to deploy thousands of self-driving e-cars in test fleets in collaboration with ride-sharing affiliate Lyft Inc., starting next year.

Multiple anonymous sources familiar with GM's plans revealed the automaker has plans to allow Lyft to test thousands of specially equipped versions of its Chevrolet Bolt e-cars in various states in the U. S.

Snap files updated IPO paperwork with SEC

Snap files updated IPO paperwork with SEC

Snap Inc. on Thursday filed updated paperwork with the U. S. Securities & Exchange Commission (SEC) detailing its eagerly-awaited initial public offering (IPO).

According to the social media company's SEC filing, it will sell up to 230 million shares with price tag range between $14 and $16 per share. That would generate up to $3.6 billion for the company.

Facebook to allow businesses to post job openings

Facebook to allow businesses to post job openings

Following years of speculation that Facebook could try to harness its huge audience to take on services like LinkedIn, the social-networking giant has announced that it will soon allow businesses to post job openings and job seekers to hunt for new jobs.

Andrew Bosworth, Facebook's vice president of ads and business platform, told reporters that the company has created new tools to allow small and midsized businesses to hire the right people through the service.

Ford bets $1bn on autonomous car start-up

Ford bets $1bn on autonomous car start-up

In a bid to win the high-stakes talent war in the budding self-driving car industry, auto giant Ford has decided to bet $1 billion through a majority investment in a start-up company called Argo AI.

Announcing the deal, the American auto giant said that a group of company employees along with its virtual driver system (autonomous vehicles) will join forces with the talent and expertise of Argo AI's founders and their strong experience in robotics.

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