Here is today’s tech news roundup for May 9th, 2018
Were the transaction to end in the second quarter of the fiscal year, Walmart said it would expect a hit to full year 2019 earnings per share (EPS) of roughly 25 cents to 30 cents. The company reported an earnings miss in February, signaling the competitive challenges it faces from the likes of Amazon in online retail.
Last year, eBay appeared to throw in the towel in India after it sold its business in the country to Flipkart and took a minority stake in the country’s e-commerce leader. Now, eBay is making a u-turn.
Africa’s largest company just chalked up another major investment coup. Naspers Ltd. netted a cool $1.6 billion profit from the sale of its 11 percent stake in Indian e-commerce startup Flipkart, a deal almost as lucrative as its sale of Polish online auction site Allegro in 2016.
Apple Inc. ‘s plan to reinvent cable TV is starting to look a lot like the strategy of its rival Amazon.com Inc. For the first time, Apple plans to begin selling subscriptions to certain video services directly via its TV app, rather than asking users to subscribe to them through apps individually downloaded from the App Store, according to people familiar with the matter.
HONG KONG (Reuters) – ZTE Corp’s ()() main business operations have ceased due to a ban imposed by the U.S. government, but the Chinese firm is trying to have the ban modified or reversed, it said in exchange filings late on Wednesday. ZTE last month was hit with a ban from Washington forbidding U.S.
Over the last few days, Apple has seemingly started cracking down on applications that share location data with third-parties. In such cases, Apple has been removing the application in question and informing developers that their app violates two parts of the App Store Review Guidelines…
Reddit, Tumblr, and other sites are adding “red alerts” to support a net neutrality vote in Congress
Reddit, Pornhub, Tumblr, and other companies are supporting an upcoming net neutrality vote with a new publicity campaign. The Red Alert for Net Neutrality project is organized by activist groups Demand Progress, Free Press Action Fund, and Fight for the Future, which have run similar awareness campaigns in the past.
Sen. Ed Markey (D-MA) and 32 other Democrats have submitted a new discharge petition under the Congressional Review Act, setting the stage for a full congressional vote to restore net neutrality and reverse a December rollback introduced by FCC chairman Ajit Pai.
The trucks, which UPS will test in Paris and London, have what the company describes as a “highly advanced vehicle display,” along with additional safety features. Those include a wrap-around windshield that give the driver a wider field of view (handy to spot any cyclists zipping by) and Advanced Driver Assistance Systems, which aim to lower driver fatigue.
California just became the first state to require that all new homes be installed with solar panels, a continuation of its ambitious plans to completely wean itself off fossil fuels within two decades. All five members of the California Energy Commission voted for the mandate Wednesday morning, which will go into effect on January 1, 2020 for single family or “multi-family” buildings three stories or less.
Apparently we live in a universe where crashing your friend’s phone is considered a fun prank. There’s a new bug going around that can paralyze the iPhone’s Messages app if it receives a message with a particular character, and not even a reboot will fix it.