Amazon has followed Apple CEO Tim Cook in calling for Bloomberg to retract its China chip hack story. The company previously denounced the report, stating it was "erroneous" and contained "so many inaccuracies...they're hard to count." Now Amazon AWS company CEO has called for Bloomberg to retract its story, as has manufacturer Super Micro's CEO.
Facebook may buy a security firm following the disclosure of a data breach that impacted millions of users. A new report claims the company is looking into a major cybersecurity acquisition, one that would give it new resources for dealing with any potential future security issues. Facebook has reportedly approached multiple companies about a potential acquisition and may wrap up its plan by the end of 2018.
Oculus co-founder and former CEO Brendan Iribe is leaving Facebook, he has announced, following cancellation of the Oculus Rift 2 headset. Iribe was reportedly leading the Rift 2's development, which was said to have been nixed last week after "internal shake-ups" at Facebook. The news follows Facebook's recent loss of Instagram co-founders Kevin Systrom and Mike Krieger.
Earlier this month, Bloomberg Businessweek published a long report alleging that Chinese intelligence had managed to implant malicious chips on servers ultimately used by Apple, Amazon, and some other major companies and agencies. Apple was quick to denounce the report, and now company CEO Tim Cook is calling for the publication to retract its story.
YouTube and Eventbrite have teamed to make it easier for viewers to buy live performance tickets. The new experience is launching on YouTube Official Artist Channels, where viewers will be presented with Eventbrite concert listings in the US. Anyone who wants to purchase one of these tickets will be able to directly do so from the video page.
Uber may be gearing up to launch a new business that has nothing to do with transportation. According to a new report, the company is working on "Uber Works," an alleged temporary staffing business that provides companies with on-demand short-term workers. Though Uber has declined to comment on the matter, the report claims it is increasing its work on the project.
Slowly but surely, Sonos has been attempting to turn its home speaker offerings into attractive buys for IoT enthusiasts. Earlier this year, we saw the launch of the Sonos ONE, a smart speaker capable of working with both Amazon's Alexa and Google Assistant. Not too long ago, Sonos rolled IFTTT support for its smart speakers into beta too. Sonos isn't stopping there, and the next name on its IoT checklist could be a big one indeed: Roku.
Virgin Hyperloop One has revealed that a feasibility study on a hyperloop route spanning from Kansas City to St Louis has produced favorable results. The examination was performed by Black & Veatch, which created an independent report analyzing a possible future route next to the I-70 highway through Missouri.
Netflix revealed its third quarter 2018 fiscal results today, taking time to discuss business as well as numbers. Among other things, company CEO Reed Hastings brought up the European Union's heavily criticized "content quota" for streaming companies, warning that it may negatively impact both customers and creativity. Rather than focus on the companies, Hastings says countries can bolster local content by creating incentives for local creators.
Hulu is considering changes to its Live TV product, according to a new report, potentially one day slashing both price and channels to offer "skinnier" bundles. In its present form, Hulu Live TV provides livestreaming access to a relatively small number of networks, these provided alongside on-demand content for a variety of shows. The company may break up the product in the future, though, cutting costs while still offering live access to channels in smaller bundle options.
Amazon is developing robots that can pick items from inventory in fulfillment centers, according to a new report. These robots will allegedly perform the same job as human "pickers," retrieving items ordered by customers and moving them to packaging for shipment. The report indicates these robots may eventually replace many human warehouse workers.
PayPal has teamed up with Walmart to launch in-store financial services and products to their mutual customers. PayPal announced the collaboration this evening, stating that Walmart will soon offer the financial company's cash-in and cash-out money services, marking the first time PayPal users will have a way to get cash from their accounts within a physical store.