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Monday, 16-Jan-2017 12:30:02 EST
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  • South Korea prosecutor seeks arrest of Samsung chief for bribery

    Samsung Electronics vice chairman Jay Y. Lee arrives to attend a hearing at the National Assembly in SeoulBy Ju-min Park and Se Young Lee SEOUL (Reuters) - South Korea's special prosecutor on Monday sought a warrant to arrest the head of Samsung Group [SAGR.UL], the country's largest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. Investigators had grilled Samsung Group chief Jay Y. Lee for 22 straight hours last week as a suspect in a corruption scandal, which last month led to parliament impeaching Park. The special prosecutor's office accused Lee of paying bribes total 43 billion won ($36.42 million) to organizations linked to Choi Soon-sil, a friend of the president who is at the center of the scandal, in order to secure the 2015 merger of two affiliates and cement his control of the family business.

  • Airbus CEO sees 'flying car' prototype ready by end of year

    Airbus Group Chief Executive Tom Enders speaks during a news conference on the aerospace group's annual results, in LondonAirbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group's chief executive said on Monday. Airbus last year formed a division called Urban Air Mobility that is exploring concepts such as a vehicle to transport individuals or a helicopter-style vehicle that can carry multiple riders. "One hundred years ago, urban transport went underground, now we have the technological wherewithal to go above ground," Airbus CEO Tom Enders told the DLD digital tech conference in Munich, adding he hoped the Airbus could fly a demonstration vehicle for single-person transport by the end of the year.

  • Oracle opens start-up accelerator in Israel for cloud innovation

    The Oracle logo is seen on its campus in Redwood CityU.S. software provider Oracle Corp said on Monday it was opening an accelerator program in Israel for startups developing cloud technologies or whose technologies are based in the cloud. A pilot program was first launched in India and more centers will be announced soon. Oracle's startup cloud accelerator program builds on its excellence center for Israeli startups, which was established in 2003 by Oracle Israel in cooperation with the government to support the growth of early stage startups.

  • China's Baidu opens augmented reality lab to boost waning profits

    A sign of Baidu is seen during the third annual World Internet Conference in Wuzhen town of JiaxingChinese search engine Baidu Inc on Monday launched an augmented reality (AR) lab in Beijing as part of a $200 million effort to revitalize the company's shrinking profits with cutting edge technology. The lab, which currently employs 55 people, will initially aim to drive revenue through AR marketing, though will later explore healthcare and education. "AR marketing is taking off," Andrew Ng, the chief scientist overseeing Baidu's artificial intelligence (AI), augmented reality and deep learning projects, told Reuters.

  • China, Europe drive shift to electric cars as U.S. lags

    FILE PHOTO -- A 2018 Chevrolet Bolt EV is displayed during the North American International Auto Show in DetroitBy Laurence Frost DETROIT (Reuters) - Electric cars will pick up critical momentum in 2017, many in the auto industry believe - just not in North America. Tighter emissions rules in China and Europe leave global carmakers and some consumers with little choice but to embrace plug-in vehicles, fuelling an investment surge, said industry executives gathered in Detroit this past week for the city's annual auto show. "Car electrification is an irreversible trend," said Jacques Aschenbroich, chief executive of auto supplier Valeo , which has expanded sales by 50 percent in five years with a focus on electric, hybrid, connected and self-driving cars.

  • Samsung Electronics probe finds battery was main cause of Note 7 fires: source

    Exchanged Samsung Electronics' Galaxy Note 7 is seen at company's headquarters in SeoulBy Se Young Lee SEOUL (Reuters) - A Samsung Electronics Co Ltd investigation into what caused some Galaxy Note 7 smartphones to catch fire has concluded that the battery was the main reason, a person familiar with the matter told Reuters on Monday. Investors and analysts say it is critical for Samsung to provide a convincing and detailed explanation about what went wrong with the Note 7 and how it will prevent such problems from recurring if it is to regain consumer trust. "They've got to make sure they come clean and they've got to reassure buyers as to why this won't happen again," said Bryan Ma, Singapore-based analyst for researcher IDC.

  • Watch La Lisère, a gritty, post-apocalyptic French short film

    Watch La Lisère, a gritty, post-apocalyptic French short filmIf you?re looking for a new fix after finishing The Hunger Games, The Last of Us, or any similar piece dark, post-apocalyptic media, then check out La Lisère (The Edge in English). Set in a future where vaguely describes wars and natural disasters have destroyed civilization, La Lisère tells the story of Hama (played by Ouidad Elma), a young woman who lives with her father Selim (Saïd Amadis, who in a neat bit of trivia did the voice dub for James Earl Jones in the French language version of The Empire Strikes Back. ...

  • Five of 2016?s biggest movies just leaked to torrent sites
    Throughout history, pirates have been known for their insatiable appetite and reckless abandon, but the same can't be said of movie pirates in 2016. Rather, the Hollywood screener leak scene was suspiciously quiet at the end of last year ? a dramatic shift from years prior, where multiple massive movies would arrive via torrent before the holidays, or, on occasion, before they even made it to theaters. Yes, pirates have been significantly more cautious in recent months, but over the weekend, the floodgates finally opened as five DVD screeners of blockbuster films from 2016 found their way on to the internet. As noted by TorrentFreak , Hidden Figures and Patriots Day were the first to leak, followed shortly after by Arrival , La La Land and Moonlight . Interestingly, despite the fact that they were released in such a small timeframe, they arrived from multiple P2P pirate groups, including HIVE-CM8 and 4RRIVED. "Finally first quality release, we do think this is a hot title and we decided to share it with the public," said HIVE-CM8 in the release notes for the La La Land screener. "PS: We are looking for the guys sitting at home with all the 30 discs and posting pictures all over the net, but not sharing with anyone. Not sure why you are hiding. It can be done safely and securely, for private viewing only if requested. Just message us if you need help, we don't bite." [ Fixed some grammar and spelling. ] Finally, HIVE-CM8 says that it does not plan to release every screener to the public this year, but does hope to collect all of the screeners if possible. If another group doesn't take up the mantle, this might mean a smaller set of 2016 leaks than we're used to seeing. We'll be keeping an eye out for updates.

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