Facebook reveals plans for Libra cryptocurrency, targeting first half of 2020 for launch
Facebook Inc. revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments. Facebook has linked with 28 partners in a Geneva-based entity called the Libra Association, which ...
How cryptocurrencies can replace other pay options
Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money. The new digital currency will be overseen by a nonprofit association and backed with real assets to serve as a reliable, stable form of globally accepted ...
Nagoya-based firm develops tech to let autonomous cars know if driver is holding the wheel
Sumitomo Riko Co., a Nagoya-based auto parts maker, has developed a system that can determine whether a driver is holding the steering wheel, a piece of technology that could prove to be indispensable for semi-automated cars. The firm aims to start commercial production of the ...
China may restrict tech access in spiraling U.S. trade dispute
China is creating a system to protect its technology, according to state media, as the U.S. restricts the access of Chinese companies to American technology in a spiraling trade dispute. The People's Daily newspaper said Sunday that the system will build a strong firewall to ...
G20 to seek stricter taxation rules for digital giants at Fukuoka meeting, draft statement shows
Finance ministers and central bank governors are also set to warn that the world economy continues to face risks from trade conflicts between leading economies.
A Japanese startup is betting that its "touchable" 3D technology will have a vast array of applications, potentially allowing smartphone shoppers to evaluate the fabric of clothes they want to buy online and gamers to feel virtual objects. Founded in 2014 as a technology transfer ...
Huawei warns U.S. would hurt itself by cutting off tech ties
A senior executive for Chinese technology giant Huawei said Thursday that he hopes the company's animosity with the United States will be resolved and warned that the U.S. would be shooting itself in the foot if it were to shun Chinese technology. Mika Lauhde, Huawei's ...
G7 to cooperate in regulating global tech giants to protect competition, Japan sources say
Group of Seven nations will work together to boost the regulation of global information technology giants as criticism mounts that they are taking advantage of smaller companies by restricting entry to the market, Japanese government sources said Thursday. Antitrust regulators from G7 member nations have ...
Japan eyes legislation to regulate global and domestic tech giants
The government said Wednesday it plans to submit a bill to the Diet next year to regulate global and domestic technology giants amid concerns some are stifling fair competition due to their overwhelming market share. The bill to enhance transparency in the business transactions of ...
NEC shows how facial recognition could speed up boarding at Japan's Narita airport hub
NEC Corp. demonstrates its facial recognition system that it says will help passengers board planes faster without having to present passports or boarding passes.
Apple on Tuesday introduced its first new iPod model in four years, highlighting music and games as it continued to make a priority of serving up digital content. The new-generation iPod touch, essentially an iPhone without the phone calls, was available in more than two ...
Facebook says it removed over 3 billion fake accounts in six months
Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance to become "active" users of the social network. In a new ...
