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Posts Tagged ‘Operating system’

The next service marketplace wave: Vertical market-networks

Ivan Smolnikov Contributor Ivan Smolnikov is the CEO and founder of Smartcat, the market network platform for the translation industry. The last few decades have produced many successful marketplaces. We went from goods marketplace pioneers such as eBay and Amazon to simple service marketplaces such as Uber, Lyft, Doordash, Upwork, Thumbtack, TaskRabbit, and Fiverr. But ...

Huawei says US ban will cost it $30B in lost revenue

Following a string of trade restrictions from the U.S., China’s telecoms equipment and smartphone maker Huawei expects its revenues to drop $30 billion below forecast over the next two years, founder and chief executive Ren Zhengfei said Monday during a panel discussion at the company’s Shenzhen headquarters. Huawei’s production will slow down in the next ...

Apple joins the open-source Cloud Native Computing Foundation

The Cloud Native Computing Foundation (CNCF), the home of open-source projects like Kubernetes, today announced that Apple is joining it as a top-level Platinum End User Member. With this, Apple is joining 89 existing CNCF end-user members like Adidas, Atlassian, Box, GitHub, the New York Times, Reddit, Spotify and Walmart. Apple, in typical fashion, isn’t ...

Fintech platform Synapse raises $33M to build ‘the AWS of banking’

Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion. The investment was led by Andreessen Horowitz with participation from existing backers Trinity Ventures and Core Innovation Capital . Synapse ...

Foxconn halts production lines for Huawei phones, according to reports

Huawei, the Chinese technology giant whose devices are at the center of a far-reaching trade dispute between the U.S. and Chinese governments, is reducing orders for new phones, according to a report in The South China Morning Post. According to unnamed sources, the Taiwanese technology manufacturer Foxconn has halted production lines for several Huawei phones after ...

TikTok parent Bytedance is reportedly working on its own smartphone

It’s been a busy couple of months for Bytedance, one of the world’s most valuable startups and the operator of globally popular video app TikTok. The Beijing-based company has continued to grow its list of apps to include the likes of work collaboration tool Lark, an instant messenger called Feiliao as well as a music streaming ...

Tencent CEO warns companies must keep innovating to survive amid US-China tensions

On Tuesday, Tencent’s usually low-profile founder and CEO Pony Ma made rare comments to weigh in on escalating tensions between the United States and China, calling domestic tech companies to build more self-reliance in a bid to stay competitive. “China has come to the forefront of development. There is less and less room for taking ...

Smart TVs add fuel to Xiaomi’s Q1 earnings

Chinese smartphone company Xiaomi just released its first quarterly results since announcing its $1.48 billion pledge to focus on smartphones and ‘AIoT’, an acronym for Internet of Things powered by artificial intelligence. Xiaomi’s adjusted net profit for the first quarter increased 22.4 percent year-over-year to 2.1 billion yuan ($300 million), while total revenue climbed 27.2 ...

Apple, Amazon, Google, Microsoft and Mozilla release patches for ZombieLoad chip flaws

Big tech is stepping in to patch newly disclosed security flaws affecting almost every Intel chip since 2011. Researchers on Tuesday released details of the vulnerability, known as ZombieLoad — or microarchitectural data sampling (MDS) as its technical name — which can leak sensitive data stored in the processor, such as passwords, secret keys and ...

New secret-spilling flaw affects almost every Intel chip since 2011

Security researchers have found a new class of vulnerabilities in Intel chips which, if exploited, can be used to steal sensitive information directly from the processor., The bugs are reminiscent of Meltdown and Spectre, which exploited a weakness in speculative execution, an important part of how modern processors work. Speculative execution helps processors predict to ...