Author: pekandesigns

 Tencent’s China Literature, an Amazon-like e-book business, is continuing the trend of Asian tech IPOs after it announced its public listing in Hong Kong will raise $1.06 billion on Wednesday. The company set the price for its 151,371,800 share offering at HK$55, the top end of its range, and it could sell an additional 22.7 million through […]

 In his 2015 State of the Union, President Obama announced the Precision Medicine Initiative — a massive research project designed to gain more insight into how we live with and treat various diseases. Last year, the National Institutes of Health (NIH) changed the initiative’s name to the warmer, fuzzier, All of Us, and opened enrollment […]

 Any day now, the Department of Justice will announce whether the AT&T-Time Warner mega-merger will be permitted.  And anyone with a cell phone, a cable subscription, or an internet connection has a huge stake in this decision.  Read More Source: New feed

 Tesla is moving to turn around its output challenges with the Model 3, with a new acquisition reported by Bloomberg of a supplier whose focus is on automating production. The automaker acquired Perbix, a supplier it’s been working with for the past few years, with the deal coming to light just after Tesla addressed its production […]

 The used car market seems ripe for disruption, not least in terms of customer service and creating a better experience online. However, if recent events are anything to go by, it is a hard nut to crack. Following Carspring going quiet after Rocket Internet pulled its funding, another U.K. car buying startup looks to be […]

 Apple just started selling new bonds in order to finance a share buyback program and dividends for shareholders, as Bloomberg spotted in a filing. This is counterintuitive as Apple is sitting on a big pile of cash and probably doesn’t need to issue bonds. But most of the company’s cash is outside of the U.S. […]

 Google has once again been called out for algorithmically encouraging the spread of dubious, politically charged speculation and misinformation around a topical news event. Read More Source: New feed

 Amazon Cash, the service that lets consumers add cash to their Amazon.com balance at brick-and-mortar retailers, is now available at nearly 8,000 7-Eleven convenience stores, the companies announced today. That’s a significant expansion for Amazon Cash, which was previously available at retailers like CVS, Speedway, Gamestop, along with a handful of other supermarket chains and… […]

 As augmented reality slowly proliferates with the promise of bringing computer interaction into three-dimensional space, platform giants like Google are tasked with bringing every sense into 3D space as well. Today, Google is taking some of the tech from its VR Audio SDK and building it into a more comprehensive spatial audio product called Resonance […]

 A new iOS app called Album+ is taking advantage of the increased A.I. capabilities and GPUs in modern iPhones to help people better manage their photos. The app’s features are similar to those found in something like Google Photos – it can also de-duplicate photos, for example, as well as categorize the people, places, and […]