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Drivers could also earn rewards if the car participates in a ride-sharing programme

Jaguar Land Rover working on software that helps car drivers earn cryptocurrency

Jaguar Land Rover is developing a “smart wallet” technology which would reward Jaguar car drivers with IOTA coins for actions such as enabling their vehicles to automatically report useful data, such as traffic congestion or potholes to navigation providers or local authorities.
Intel has already received expressions of interest from a number of parties and has hired Goldman Sachs Group Inc to manage the process, which was in an early stage

Intel to sell modem business, held talks with Apple: Report

Intel decided to exit the 5G modem chip business last week, hours after Apple settled a longstanding legal dispute with Qualcomm Inc, a key supplier of iPhone modem chips.
Sony will launch its next-generation console in 2020.

Sony flags disappointing profit, scraps targets as PS4 sales drop

Analysts widely expect Sony to launch a next-generation console in 2020 to replace the five-year old PlayStation 4 (PS4), but the business could face tough competition with new video game streaming services from Alphabet Inc’s Google and Apple.
FILE PHOTO: The logo of Xiaomi is seen inside the company's office in Bengaluru, India January 18, 2018. Picture taken January 18, 2018. REUTERS/Abhishek N. Chinnappa/File photo

Chinese brands rule Indian smartphone market with 2/3rds of share: Counterpoint Research

Xiaomi continued to lead the Indian smartphone market share with companies like Vivo, Realme and Oppo adding to the growth.
Amazon Prime users may soon get deliveries in just one day.

Amazon raises stakes for rivals with one-day delivery goal after profit surge

Shifts in the nature of Amazon’s business have afforded the company windfalls that it now can apply toward its ambitious delivery programme.
A show attendee passes by the LG Electronics booth during the 2009 International Consumer Electronics Show (CES) in Las Vegas, Nevada, January 9, 2009. REUTERS/Steve Marcus/Files

LG Electronics to shut South Korea phone plant, move production to Vietnam

The restructuring of its money-losing business comes as LG, once one of the world’s top three mobile phone makers, has seen its global market share spiralling to less than 3% in the decade that smartphones came to dominate the mobile market.
Panasonic Corp's logo is pictured at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon

Panasonic may upgrade Japan plant to make advanced Tesla batteries

Panasonic, currently the exclusive battery cell supplier for Tesla, produces cells for the EV maker at their joint plant in the U.S. state of Nevada - the so-called Gigafactory - as well as at two plants in Japan.
The operating margin fell to 22 % from 46 % a year ago, but would have been 42 % without the one-time expense.

Facebook beats profit estimates, sets aside $3 billion for US FTC penalty

Monthly and daily users of the main Facebook app compared to last quarter were both up 8 % to 2.38 billion and 1.56 billion, respectively.
Google has been investing heavily in technology infrastructure, especially in vital submarine cables connecting up its global network.

Google completes subsea cable to Chile in global cloud push

The cable, dubbed the “Curie” project, arrived at the Chilean port of Valparaiso on Tuesday. The cable starts in Los Angeles before making its way to South America under the Pacific Ocean.
Twitter said it is removing spam and abuse posts more effectively.

Twitter shares jump, ascribes growth to fight against abuse

New ad formats, partnerships with content providers like the U.S. National Basketball Association and efforts to patrol abusive content are helping Twitter better compete for advertising dollars, executives said.

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