Australian banks enter tech arms race as rising rates squeeze profit

Australian banks enter tech arms race as rising rates squeeze profit

SYDNEY, May 18 (Reuters) – The 10 -minute home loan – at the tap of a smartphone screen – is emerging as the next frontier in Australian banking as rising interest rates quash a pandemic -fueled property boom, eating into mortgage income and renewing focus on cost-cutting tech. The Big Four lenders booked blockbuster profit … Read more

China Vice Premier Liu soothes tech firms, supports overseas listings

China Vice Premier Liu soothes tech firms, supports overseas listings

China’s Vice Premier Liu He exits the office of the US Trade Representative following a morning round of negotiations on the second day of last ditch trade talks in Washington, US, May 10, 2019. REUTERS/Leah Millis/Files Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 17 (Reuters) – Chinese Vice -Premier Liu He … Read more

Mobile operator Vodafone cautious on 2023 outcome

Mobile operator Vodafone cautious on 2023 outcome

Branding hangs outside a Vodafone shop in Oxford, Britain, May 16, 2017. REUTERS / Toby Melville Register now for FREE unlimited access to Reuters.com Register LONDON, May 17 (Reuters) – Vodafone (VOD.L), the European and African mobile operator, forecast earnings growth for the current year below market expectations on Tuesday, saying it hoped to deliver … Read more

Colombia’s TuHabi, latest property tech ‘unicorn,’ touts $ 200 mln funding

Colombia’s TuHabi, latest property tech ‘unicorn,’ touts $ 200 mln funding

TuHabi co-founders Brynne McNulty Rojas and Sebastian Noguera pose for this handout photo in Mexico City, Mexico in early 2022. TuHabi/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register MEXICO CITY, May 13 (Reuters) – Colombia’s TuHabi became the country’s first property technology “unicorn,” or company with a $ 1 billion valuation, … Read more

Analysis: S.Korea’s high-speed 5G mobile revolution gives way to evolution

Analysis: S.Korea’s high-speed 5G mobile revolution gives way to evolution

Engineers set up a 5G base station in Seoul, South Korea, May 31, 2019, in this handout picture provided by SK Telecom. Picture taken May 31, 2019. SK Telecom / Handout via REUTERS / Files Register now for FREE unlimited access to Reuters.com Register SEOUL, May 13 (Reuters) – South Korea was the first country … Read more

Google’s second try at computer glasses translate conversations in real time

Google’s second try at computer glasses translate conversations in real time

May 11 (Reuters)-The science-fiction is harder to see in Google’s second try at glasses with a built-in computer. A decade after the debut of Google Glass, a nubby, sci-fi-looking pair of specs that filmed what wearers saw but raised concerns about privacy and received low marks for design, the Alphabet Inc (GOOGL.O) unit on Wednesday … Read more

Google announces new smartphones, a watch and tablet at its I/O developer conference

Google announces new smartphones, a watch and tablet at its I/O developer conference

At its first in-person developer conference in three years, Google announced three new smartphones and its first in-house smartwatch as well as plans to release a new tablet next year. Google also announced updates to several of its most popular tools including Maps, Google Translate and its core search product. Google surprised fans of its … Read more

Top Apple exec Ian Goodfellow quits over return to office policy

Top Apple exec Ian Goodfellow quits over return to office policy

A top artificial intelligence executive at Apple is leaving the company over its return-to-office policy, according to a report. The news comes as Apple orders all corporate employees to return to the office for three days per week – a stricter policy than Big Tech competitors like Meta, Google and Amazon, which are allowing at … Read more

Republicans trash Chamber of Commerce over Big Tech lobbying

Republicans trash Chamber of Commerce over Big Tech lobbying

The US Chamber of Commerce has jumped into the political fight over Big Tech – and the group’s staunch opposition to antitrust reform is alienating many Republicans in Congress, The Post has learned. While America’s biggest and best-funded business lobby once enlisted Republicans to defend oil and tobacco companies against their Democratic foes, critics now … Read more