The Technology News ONLINE: May 2018

Thursday, May 31, 2018

Apple cuts smartphone power chip orders from Dialog Semiconductor

FRANKFURT (Reuters) - Dialog Semiconductor said Apple now planned to source the main power management chips (PMICs) for one of its three new iPhone models from two suppliers instead of just from the German chipmaker.

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Dialog says Apple to source fewer main smartphone power chips from it

FRANKFURT (Reuters) - Dialog Semiconductor said Apple now planned to source fewer of the main power management chips (PMICs) it needs for its smartphones this year from the German chipmaker than it had previously planned.

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Waymo to get more than 60,000 cars from Fiat Chrysler for robotaxis

(Reuters) - Fiat Chrysler Automobiles NV will add up to 62,000 more cars to Alphabet Inc's autonomous driving unit Waymo, the companies said on Thursday, as part of Waymo's plan to roll out a robotaxi service in the U.S. later this year.

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Blockchain and cryptocurrency startup Paxos raises $65 million

NEW YORK (Reuters) - Blockchain and cryptocurrency startup Paxos has raised $65 million from investors including venture capital firms RRE Ventures and Liberty City Ventures, the New York-based company said on Thursday.

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UK watchdog lodges complaint against Autonomy's auditors and finance executives

LONDON (Reuters) - Britain's accountancy watchdog has filed formal complaints against the auditors and two former finance executives of Autonomy, the software business that was sold to Hewlett Packard (HP) for $11 billion in 2011.

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Tokyo Broadcasting sets June vote on activist proposal to cut crossholdings

TOKYO (Reuters) - Shareholders of Tokyo Broadcasting System Holdings (TBS) will vote next month on a proposal from a London-based investor to sell down the company's crossholdings and return the resulting proceeds to investors.

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Nokia sells digital health venture, executive to leave

HELSINKI (Reuters) - Nokia said on Thursday it had sold its small digital health business, including activity trackers and smartwatches, and said the head of its Technologies unit would step down.

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Xiaomi, bound for IPO, woos fans (and investors) at glitzy launch

SHENZHEN, China (Reuters) - Chinese smartphone maker Xiaomi [IPO-XMGP.HK], lining up for a $10 billion IPO, held a rock concert-style launch on Thursday to unveil its latest flagship smartphone and a virtual reality headset developed with Facebook Inc's Oculus.

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Telegram says Apple has prevented it from updating since April

MOSCOW (Reuters) - Apple has prevented the Telegram messaging service from updating globally ever since Russia ordered Apple to remove the service from its stores, Telegram's CEO and founder said on Thursday.

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Amazon geoblocks Australia from U.S. site as tax change kicks in

SYDNEY (Reuters) - Amazon.com Inc said on Thursday it will force Australians to use its Australian website instead of its much larger U.S. site to avoid a new sales tax, setting the stage for a showdown with rival eBay Inc in the No. 12 economy.