Network management services provider Real Matters Inc. has filed preliminary prospectus for initial public offering in Canada. The filing is done with Ontario Securities Commission. According to Bloomberg, the Canadian real estate data firm is planning to raise around C$125 million or $96 million.
It will be an absolute revolution in communication, as Facebook is working on a technology that would enable brains to type and skin to hear. Instead of implanting anything into the brain, Facebook is planning non-invasive ways of using wearable sensors.
Chines search engine giant Baidu is going to provide comprehensive platform to car manufacturers to build self-driving vehicles. Currently Google and Tesla are pursuing and testing autonomous vehicle platform.
Facebook Inc. has unveiled Messenger 2.0 at its annual F8 conference for software developers making products for Facebook platforms. Last year, David Marcus, vice president, unveiled the initial Messenger Platform, which was created to enable businesses and third-party developers to make their own web robot or bot, an application to run automated tasks.
Facebook said it will review how it handles objectionable and violent content on the social networking site after a Cleveland man posted a video over the weekend of his shooting and killing an elderly man. The video remained on Facebook for more than two hours on Sunday, sparking outrage over the social network giant's inability to closely monitor violent content being uploaded to its platform.
Robots are now delivering food to people in select San Francisco neighborhoods, thanks to a partnership between Yelp Eat24 and startup Marble. The two companies are testing a handful of autonomous robots for food delivery. The robots, made by Marble, are currently delivering orders in San Francisco's Mission and Potrero Hill Districts.
Uber's Head of Policy and Communications Rachel Whetstone left the company. She was the longest serving female executive with two years of service. The transportation network start up with a history of eight years, has been witnessing top level exits these days.
Federal Communications Commission Chairman Ajit Pai is working quickly to roll back the agency's Obama-era net neutrality rules, according to various media reports. The new plan would require internet service providers to voluntarily agree to maintain an open internet and also shift oversight of ensuring compliance back to the Federal Trade Commission, rather than the FCC,
Twitter on Thursday unveiled a data-optimized version of its regular service, called Twitter Lite, aiming to make Twitter more accessible to millions of people mainly in the emerging markets. The new mobile web experience is a faster, data friendly way for people to use Twitter. It uses 70 percent less data and launches 30 percent faster.
Amazon will reimburse parents who were billed for unauthorized in-app purchases made by their children. More than $70 million in in-app charges made between November 2011 and May 2016 may be eligible for refunds, according to the Federal Trade Commission.
Now internet operators and cable providers can track everything online as President Donald Trump signed to repeal the existing internet privacy rules. The repealed rules were originally passed into law by the Federal Communications Commission or FCC last year.
Internet media company BuzzFeed is preparing to go public in 2018, media site Axios reported Wednesday, citing industry sources. New York-based BuzzFeed was founded in 2006 by Jonah Peretti and John Johnson III as a viral lab, focusing exclusively on tracking viral content.
Uber is closing its ride-hailing services in Denmark next month, citing upcoming changes in regulations that would make its app unworkable for consumers. The San Francisco-based company said in a blog post that it will close its services on April 18, 2017, as the new laws currently being proposed in Denmark will not allow drivers to use their privately owned cars for ride sharing.
Sluggish sales of video games have forced GameStop to take a decision to close around 150 retail locations. Digital downloads and competition from rivals are said to be the reason for shut down. The company operates around 6600 stores worldwide and has not revealed the list of shops to be closed. According to reports GameStop is planning the closure of up to 3 percent of their shops.