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February 2017

Alibaba’s Ant Financial expands to Korea with $200M investment in Kakao Pay

By | February 21st, 2017|Technology|

 Alibaba affiliate Ant Financial is making yet another M&A deal. The firm is investing $200 million into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant messaging service. Ant Financial, which manages payments service Alipay and Alibaba’s digital banking business, will invest the capital into Kakao Pay, a soon-to-launch Kakao fintech division. Read [...]

Uber’s Travis Kalanick details independent investigation regarding sexual harassment

By | February 21st, 2017|Technology|

 Uber CEO Travis Kalanick sent a memo to employees today following allegations of sexual harassment from former Uber engineer Susan Fowler. In the memo, obtained by TechCrunch, Kalanick said the company has tapped former US Attorney General Eric Holder and Tammy Albarran, partners at law firm Covington & Burling, to independently investigate the workplace issues Fowler [...]

Fluffy dog tails could be the next step in robot-human interaction

By | February 20th, 2017|Technology|

 The IEEE unearthed a fascinating 2013 study that showed that a cute dog tail does more than just amuse – it can communicate. The study, created by Ashish Singh and James Young, posited that a Roomba with a tail attached could communicate quickly and easily with a human – a fast, excited wag means things [...]

Temasek jumps into China’s bike rental startup war with investment in MoBike

By | February 20th, 2017|Technology|

 Temasek, Singapore’s state-owned investment firm, has jumped into China’s on-demand cycle war after it backed MoBike. China’s ride-sharing war is last year’s news. The big battle between Uber and Didi Chuxing is essentially over after the latter agreed to buy the former’s China-based business. The new startup drama du jour is in bikes — services that let… Read [...]

WTF is cloud computing?

By | February 20th, 2017|Technology|

 After more than a decade of being in the popular tech lexicon, people kind of get the idea of “the cloud,” but most probably only understand a bit of it. That’s because the cloud isn’t a single concrete thing so much as a concept that encompasses many technologies. Understanding those pieces and how they intertwine [...]

How mobile technology is transforming lives in rural India

By | February 19th, 2017|Technology|

 Deep in a rural village in India outside the city of Jhansi, children play on dirt roads where goats and cows roam. The humble and colorful homes have mud floors, and women collect drinking water from wells. All the sights and sounds are quintessential aspects of the region, with the exception of one feature — [...]

The next iPhone could have a bigger display and more battery

By | February 19th, 2017|Technology|

 While the iPhone 8 isn’t going to be announced until September, this week has been packed with rumors on the upcoming device. And it looks like the display is going to be the main star of the show. Rumor has it that Apple is going to announce three new devices — two new versions of [...]

Ornithologists are using drones to eavesdrop on songbirds

By | February 19th, 2017|Technology|

 When conservationists put drones to work in field research, they typically function as flying eyes that gather imagery of the habitat and wildlife below. Now, ornithologists from Gettysburg College in Pennsylvania are using drones as flying ears to monitor songbirds in the Appalachian Mountains. Results of their drone study were published in the peer-reviewed journal The [...]

Confirmed: Magic Leap acquires 3D division of Dacuda in Zurich

By | February 18th, 2017|Technology|

 Magic Leap, the augmented reality startup that has raised $1.4 billion in funding but has yet to release a product, has made an acquisition to expand its work in computer vision and deep learning, and to build out its operations into Europe. The company has acquired the 3D division of Dacuda, a computer vision startup [...]