Technology News


Malaysian firm adds Islamic certification to cryptocurrency

SYDNEY (Reuters) – Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said.


Uber CEO sees commercialization of flying taxis in 5-10 years

TOKYO (Reuters) – Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years.


Adecco buys digital recruitment firm Vettery, price not disclosed

ZURICH (Reuters) – Staffing company Adecco said on Tuesday it bought U.S.-based online recruitment platform Vettery for an undisclosed sum to increase its footprint in the digital permanent recruitment market.


Samsung Electronics to slash OLED panel production as iPhone X demand disappoints: Nikkei

TOKYO (Reuters) – Samsung Electronics Co will slash output of its organic light-emitting diode (OLED) panels in response to its customer Apple Inc’s decision to cut production of iPhone X amid weak demand, the Nikkei reported on Tuesday.


Japan’s Sony to form alliance to build taxi-hailing system

TOKYO (Reuters) – Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system.


BoE’s Carney says Bitcoin has ‘pretty much failed’ as currency

LONDON (Reuters) – Bitcoin <BTC=BTSP> has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney said on Monday.