Business Topics

Samsung shares tumble on Note 7 fire warnings

Sep 12, 2016

Samsung shares tumble on Note 7 fire warnings

Samsung Electronics Co. has lost $22 billion in market value over two days as investors factor in a bigger hit to its bottom line from the widening bans and warnings issued over its Note 7 smartphones. Shares have plunged 11 percent since Friday, the ...

Japanese team sets January deadline for Lunar X Prize rover entry

Sep 9, 2016

Japanese team sets January deadline for Lunar X Prize rover entry

A Japanese team comprising Tokyo-based startup ispace and Tohoku University expects to complete its moon-bound robot contestant for Google Inc.’s exploration contest by next January. Hakuto will compete against 15 other teams from around the world to win the Google Lunar X Prize, the ...

Manhole covers get new mission: predicting floods

Sep 8, 2016

Manhole covers get new mission: predicting floods

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Sudden storms called “guerrilla downpours” have been hitting with increasing frequency over the past five decades and are now considered a growing disaster threat. As municipalities struggle to deal with the increase in floods, companies are proposing new technology based on what they say ...

Drones put on show over Champs-Elysee in high-tech festival

Sep 5, 2016

Drones put on show over Champs-Elysee in high-tech festival

The Champs-Elysee was the setting of a mini-air show on Sunday as amateur drone enthusiasts flew their high-tech toys over the famed Paris avenue in the city’s first festival celebrating the gadgets. Concentrating intently, punters guided their remote-controlled flying machines through a brightly colored ...

Hitachi starts trials of EMIEW3 humanoid robot at Haneda airport

Sep 2, 2016

Hitachi starts trials of EMIEW3 humanoid robot at Haneda airport

Hitachi Ltd. started trials of its EMIEW3 humanoid robot at Tokyo’s Haneda airport on Friday to aid foreign visitors to Japan. During the trials through December in the airport’s domestic Terminal 2, the robot will communicate with passengers in Japanese and English at a ...

SWIFT discloses more cyberthefts, pressures banks on security

Aug 31, 2016

SWIFT discloses more cyberthefts, pressures banks on security

SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its members’ banks as it pressured them to comply with security procedures instituted after February’s high-profile $81 million heist at Bangladesh Bank. In a private letter to clients, SWIFT said new ...