Tech

Fidelity tests virtual reality for customer service training

Fidelity tests virtual reality for customer service training

Published 13/10/2017

Fidelity Investments is testing virtual reality technology to train customer service representatives in its call centers across the United States. [more…]

Technology could help UBS cut workforce by 30 percent: CEO in magazine

Technology could help UBS cut workforce by 30 percent: CEO in magazine

Published 03/10/2017

Swiss bank UBS (UBSG.S) could shed almost 30,000 workers in the years ahead due to technological advances in the banking industry, Chief Executive Sergio Ermotti said in a magazine interview. [more…]

F1 team uses racing car technology to keep newborns safe in ambulances

F1 team uses racing car technology to keep newborns safe in ambulances

Published 26/09/2017

A Formula One racing team is employing technology that helps racing drivers survive high speed crashes to create a new device that keeps newborn babies safe during emergency transportation. [more…]

Uber hikes Hong Kong fees amid legal troubles

Uber hikes Hong Kong fees amid legal troubles

Published 21/08/2017

Uber Technologies Inc UBER.UL on Monday hiked its Hong Kong fees by up to 80 percent after a review of its business there, the embattled ridesharing company said, adding it was not having issues financing its operations in the Asian financial hub. [more…]

Dutch students grow their own biodegradable car

Dutch students grow their own biodegradable car

Published 11/08/2017

What's made of sugar, can carry four people and travel at 50 miles (80 km) per hour? A biodegradable car, whose inventors say could be the next step in environmentally friendly motoring. [more…]

Faraday Future moves electric SUV production site, mothballs Las Vegas plant

Faraday Future moves electric SUV production site, mothballs Las Vegas plant

Published 12/07/2017

FILE PHOTO: A Faraday Future FF 91 electric car takes off across the stage in an exhibition of speed during an unveiling event at CES in Las Vegas, Nevada January 3, 2017.

Startup Faraday Future said it would move production of its planned luxury electric SUV to a new site, virtually scrapping a stalled $1 billion Las Vegas factory amid deepening financial woes of key investor Chinese entrepreneur Jia Yueting.

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Israel seeks managers for state-backed technology funds

Israel seeks managers for state-backed technology funds

Published 09/07/2017

Israel is looking for firms to manage four high-tech investment funds that will be traded on the stock exchange and given state protection for any losses, the government said on Sunday.

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Short of IT workers at home, Israeli startups recruit elsewhere

Short of IT workers at home, Israeli startups recruit elsewhere

Published 26/06/2017

FILE PHOTO: Employees work at website-designer firm Wix.com offices in Tel Aviv, Israel July 4, 2016. REUTERS/Baz Ratner/File Photo

When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home.

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Big investors, unfazed by techs` roller coaster, buy `FANG` stocks

Big investors, unfazed by techs` roller coaster, buy `FANG` stocks

Published 13/06/2017

FILE PHOTO: The Apple logo is seen on a computer screen in an illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau/File Photo

Large investors, whose high exposure to large-cap technology stocks boosted their returns during the first quarter of the year, are doubling down on their investments even as stocks like Apple Inc (AAPL.O) and Facebook Inc (FB.O) stumble.

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Digital Realty expands data center reach with DuPont Fabros buy

Digital Realty expands data center reach with DuPont Fabros buy

Published 09/06/2017

Digital Realty Trust Inc (DLR.N) said it would buy fellow data center operator DuPont Fabros Technology Inc (DFT.N) for an enterprise value of about $7.6 billion, its biggest-ever deal, to help expand in high-demand markets in the United States amid a rapid shift to the cloud by technology companies.

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