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.

Platform Industry News: Sony Corp logo on building

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...

Platform News: Samsung Electronics retail store for smartphones and other hardware

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 ...

Platform News: Huawei Technologies

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...

Platform News: Samsung Electronics logo

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...

Platform News: Tencent conference and exhibition in China

Tencent to develop cloud game platform with Huawei

China’s Tencent Holdings launched a co-innovation lab with Huawei Technologies to develop a cloud game platform, the world’s biggest game company said in a statement Fr...

SoftBank

Brief examination of SoftBank’s key assets

SoftBank Group Corp plans to raise up to 4.5 trillion yen (approximately $41 billion) by selling or monetising assets to buy back 2 trillion yen of its shares and reduce overall de...

Children Demonstrating Climate Change

Coronavirus sends climate strikers back to school – this time, online

They walked out of class to fight climate change. Now, as coronavirus shuts schools around the world, they’re starting their own. 

Platform News: Apple logo

French antitrust regulator fines Apple $1.2 billion

France’s competition watchdog on Monday fined iPhone maker Apple approximately $1.23 billion, saying it was guilty of anti-competitive behaviour towards its distribution and ...

Platform Industry: Samsung

Samsung urges shareholders to use electronic voting for AGM

South Korean tech giant Samsung Electronics is using a form of electronic voting for the first time for this year’s annual general meeting on the 18th of March, urging shareh...