Internet of Things (IoT) News

Our ongoing coverage of smart technologies, internet connected devices and objects able to collect and exchange data and the platforms that support them.

Samsung Electronics Vice Chairman

Samsung Group heir questioned by prosecutors over contentious 2015 deal

Samsung Group heir Jay Y. Lee on Tuesday was summoned and questioned by prosecutors over a controversial 2015 merger of two of the group’s affiliates, Yonhap News Agency said...

Alibaba

Alibaba to invest $1.4 billion in AI system for smart speakers

Alibaba Group will invest 10 billion yuan ($1.41 billion) into an AI (artificial intelligence) and IoT (Internet of Things) system centred around its Tmall Genie smart speaker, the...

Trump Cook

White House panel: Build new tech infrastructure for future jobs

A White House advisory panel will call for the government and private industry to work together to build new technological infrastructure to support future jobs and provide the und...

Jio

Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billion

Reliance Industries have announced US fund General Atlantic will invest 65.98 billion rupees (approximately $870 million) in Jio Platforms, a fourth deal that takes investment in i...

Fitbit

EU consumer group warns against ‘game-changer’ Google-Fitbit deal

Google’s planned $2.1 billion buy of fitness trackers company Fitbit may harm consumers and hinder innovation, European consumer group BEUC has said, calling it a game-change...

Sony Corp

Sony Corp reports 57% drop in fourth-quarter profit, declines to give outlook

Sony Corp has reported a 57% drop in fourth-quarter operating profit and refrained from providing an outlook for the current year due to uncertainty related to the coronavirus outb...

Toronto Smart City

Alphabet’s Sidewalk Labs cancels Toronto ‘smart city’ project

Alphabet’s Sidewalk Labs has pulled the plug on its Toronto “smart city” project, citing “unprecedented economic uncertainty” in a setback for the cit...

Fitbit

Consumer advocates urge close scrutiny of Google plan to buy Fitbit

The US Justice Department should carefully scrutinize Alphabet Inc’s plan to buy Fitbit because the fitness tracker company is a source of nascent competition for Google, whi...

Samsung

Samsung Electronics expects second-quarter profit fall as virus hits sales

Samsung Electronics has said it expected profit to decline in the current quarter due to a pandemic-related slump in sales of smartphones and televisions, although the chip busines...

NSO Group

Cyber-intel businesses pitch governments on spy tools to trace COVID-19

When law enforcement agencies want to gather evidence locked inside an iPhone, they often turn to hacking software from the Israeli firm Cellebrite. By manually plugging the softwa...

LG Display

LG Display posts wider first-quarter loss on demand slump

LG Display, a South Korea-based Apple Inc supplier, reported on Thursday its fifth straight quarter of operating losses, hit by slumping demand for smartphones and televisions due ...

Huawei

Huawei laments Trump administrations plans to curb its global chip supply

An executive at Huawei Technologies has described as “unfortunate” plans by the US government to reduce the Chinese telecom equipment maker’s access to global chi...

Samsung

Solid chip sales are unlikely to cushion Samsung’s first-quarter profit

The sudden global shift to working from home has boosted demand for Samsung Electronics’ memory chips from laptop makers and data centres, but first quarter profitability is ...

Factory

How one Silicon Valley factory keeps running in the age of coronavirus

Managers at a small Silicon Valley electronics factory thought they would have to close when the San Francisco Bay Area directed non-essential businesses to temporarily shut down a...