Recent Innovation News
CHIBA, Japan Japan's Toshiba Corp faced shareholders at its annual meeting on Wednesday with no deal in hand for the sale of its prized flash memory chip unit and a long list of humiliating setbacks to apologise for.
The Federal Trade Commission's antitrust lawsuit against Qualcomm Inc can proceed, a federal judge ruled late on Monday, meaning the iPhone chip supplier must now wage a fight with U.S. regulators even as it contests a separate $1 billion lawsuit filed by Apple Inc .
JERUSALEM Israel's Mossad intelligence agency has set up an investment fund to help development of new cloak-and-dagger know-how and is offering grants of up to 2 million shekels (about $570,000) per project to bring in new ideas.
WASHINGTON Republicans and Democrats in Congress sparred on Tuesday over U.S. states setting rules for testing and deployment of self-driving cars and a proposal to allow automakers and technology companies to bypass existing regulations in introducing autonomous cars.
SAN FRANCISCO Google’s self-professed mission is to organize the world’s information. But a company known for engineering excellence is still trying to solve the very human problem of how to organize itself. | Video
BRUSSELS EU antitrust regulators hit Alphabet unit Google with a record 2.42-billion-euro ($2.7 billion) fine on Tuesday, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones.
TOKYO Western Digital Corp and U.S. private equity firm KKR & Co LP have resubmitted an offer for Toshiba Corp's flash memory chip unit, in an eleventh hour effort to prevent the conglomerate signing a deal with its preferred bidder.
LONDON/STOCKHOLM Ericsson has ditched its goal of winning more clients beyond the telecoms industry to refocus on selling networks to mobile phone companies in a move to cut costs and halt a dramatic fall in its share price.
TEL AVIV When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home. | Video
PARIS EU antitrust regulators are likely to impose a record fine on Alphabet unit Google over its shopping service as soon as Tuesday, two people familiar with the matter said on Monday, concluding one of three cases against the company.
State of Innovation
The 25 government-funded agencies that top Reuters' second annual ranking are conducting research that private companies can't afford and making scientific discoveries that are launching new industries. Full Article
The educational institutions that top Reuters' second annual ranking prove that in the fast-changing world of science and technology, you can't rest on your laurels. Full article