Mar 25, 2015

India warns Uber, Ola over resuming taxi services

Authorities in New Delhi asked Uber Technologies Inc. and its Indian rival, Ola, on Tuesday to cease operations, saying that otherwise their applications for radio-taxi licences would not be processed, letters seen by Reuters show. India ordered a halt in December to operations of ...

An afterlife for man's best robot friend?

Feb 25, 2015

An afterlife for man's best robot friend?

Incense smoke wafts through the cold air of the centuries-old Buddhist temple as a priest chants a sutra, praying for the peaceful transition of the souls of the departed. It is a funeral like any other in Japan. Except that those being honored are ...

Feb 11, 2015

IBM brings Watson supercomputer to Japan via SoftBank

IBM announced plans Tuesday to bring its Watson supercomputer to Japan with mobile telecom group SoftBank, in a deal aimed at developing new applications for robotics and other services. “IBM is teaching Watson to speak, and think, in Japanese, one of most difficult languages ...

Jan 23, 2015

SoftBank to merge four telecom units in April

SoftBank Corp. said Friday it will merge its four domestic telecommunications subsidiaries next April to improve business efficiency and competitiveness. The telecoms and Internet giant will integrate its operations under the surviving SoftBank Mobile Corp. starting April 1. The SoftBank board approved the structural ...

Dec 5, 2014

SoftBank to invest in airborne wind turbine developer Altaeros

SoftBank Corp. will invest $7 million in Altaeros Energies Inc., a U.S. company developing airborne wind turbines. Altaeros is working to commercialize technology to lift wind turbines into consistently high altitudes so they can produce more power than tower-mounted turbines, the companies said in ...

SoftBank's quarterly profit up despite Sprint woes

Nov 5, 2014

SoftBank's quarterly profit up despite Sprint woes

SoftBank’s quarterly profit nearly tripled as gains from the IPO of Chinese e-commerce company Alibaba offset losses at U.S. mobile carrier Sprint. The telecommunications and Internet-services company reported Tuesday a fiscal second quarter profit of ¥483.1 billion, up from ¥165.8 billion a year earlier. ...