posted 12 days ago on yahoo! technology news
It might not be time for proper 5G devices just yet, but ZTE is bringing us a step closer, announcing today that it will show off one of the first gigabit LTE smartphones at Mobile World Congress this month. Called — fittingly — the ZTE Gigabit Phone, the Chinese company says the device will make 360-degree VR, 4K video, and instant cloud storage possible on the move. The first devices to be capable of supporting gigabit LTE were announced last year, when Qualcomm joined with Netgear, Ericsson, and Telstra — the largest Australian carrier — to produce a mobile hotspot that technically allowed 1 Gbps downloads via Telstra’s existing networks.

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(Reuters) - Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources. The valuation range, which represents $14 to $16 per share, is close to the lower end of the expected range of $20 billion to $25 billion, the Journal reported. Snap Inc filed its IPO registration statement in early February and was expected to record the biggest valuation in a U.S. technology IPO since Facebook Inc. The company had confidentially registered with the U.S. Securities and Exchange Commission late last year for an IPO.

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Yahoo said Wednesday it was notifying some users that hackers may have been able to use a maneuver to break into their accounts without stealing passwords. The notification indicates the investigation into the attacks are in the final stage, according to a source familiar with the matter, noting that messages had been sent to "a reasonably final list" of Yahoo users. A Yahoo spokesman said the company was notifying all potentially affected users and that it had "invalidated" the forged cookies.

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Spotify on Wednesday announced an expansion amid the rapid growth of streaming, with the company moving its US headquarters to New York's rebuilt World Trade Center complex. The Swedish company, which is the world's largest streaming service, will create 1,000 jobs and retain 832 existing ones as it moves early next year, New York Governor Andrew Cuomo said. Spotify, whose US operation is already in Manhattan, will shift to the Fumihiko Maki-designed 4 World Trade Center which will become the first fully leased tower at the site rebuilt after the September 11, 2001 terror attacks.

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Following its trial of federated network slicing with Deutsche Telekom and SK Telecom, Ericsson has launched its 5G platform combining the technology with a 5G radio system and core network.

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By Eric Auchard FRANKFURT (Reuters) - Atomico, which has spent the past decade proving startups can prosper outside Silicon Valley, said on Thursday it had closed Europe's largest standalone tech venture fund, a $765 million war chest that reflects the region's growing financing firepower. The London-based venture firm started by Skype co-founder Niklas Zennstrom has invested in around 60 firms since it was established in 2006. It was an early backer of two of the world's hit mobile gaming companies - Supercell and Angry Birds maker Rovio Entertainment, both of Finland.

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SEOUL (Reuters) - South Korea's special prosecution office said on Thursday it has asked for an extension for its investigation into a graft scandal that has engulfed President Park Geun-hye, saying it will not be able to finish by the current Feb. 28 deadline. The probe can be prolonged for 30 days upon consent from Acting President and Prime Minister Hwang Kyo-ahn. (Reporting by Hyunjoo Jin and Cynthia Kim; Editing by Paul Tait)

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After three years of developing a brand new rocket, aerospace startup Rocket Lab has finally transported a finished vehicle to the New Zealand launch pad where it will take its first flight. The rocket, called the Electron, has been tested on the ground over the last year but has never been flown to space before.

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By Sijia Jiang HONG KONG (Reuters) - Lenovo Group Ltd , the world's largest personal computer (PC) maker, on Thursday posted a 67 percent slide in third-quarter net profit, lagging analyst estimates, as supply constraints and a weak macroeconomic environment weighed. Profit fell to $98 million over the three months through December, from $300 million in the same period a year earlier. That compared with the $159.53 million average of 14 analyst estimates in a Thomson Reuters poll. Revenue fell 6 percent to $12.2 billion. ...

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Reddit — the self-described “front page of the internet” — has changed its front page. Unlike before, these highlighted stories can come from almost any subreddit, with a few restrictions. There’s no content from 18-rated or NSFW communities, for one, and subreddits that have actively opted out of appearing on the r/all page won’t have their stories popping up.

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Spark made gains across mobile, broadband, and IT services in what it called a challenging industry with 'intense ongoing price competition'.

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LG will vastly upgrade the UX of the upcoming G6 with new multitasking, calendar, and camera features that utilize the 18:9 ratio Full Vision display and a new square GUI.

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By Dustin Volz SAN FRANCISCO (Reuters) - A former Justice Department official who served in the Obama administration said European countries must be willing to respond forcefully to efforts by Russia or others to use cyber attacks to meddle in their elections, saying the U.S. response fell short. Former Assistant Attorney General John Carlin, who ran the national security division at the Justice Department and oversaw the pursuit of cyber criminals, said the United States did not do enough to deter the hacking and leaking of Democratic Party emails during the 2016 presidential campaign. “We weren’t bringing deterrence at all to the table.” The U.S. intelligence community said hacks were carried out by Russia in order to disrupt the election and eventually help Republican Donald Trump win.

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Apple and its sad, low-energy, economically sensible overseas manufacturing have been a target of Trump since day one. Trump seems keen on bullying Tim Cook to open a factory in the USA without actually detailing specifics, and while Apple has stayed out of the fray so far, new comments from Apple CFO Luca Maestri indicate that Apple won't be shutting up shop in China any time soon. As  The Verge  spotted , Maestri was speaking to a Goldman Sachs conference yesterday when he answered a question about overseas manufacturing: “One of the points that we are making in Washington is the fact that we have been a very large contributor to the US economy during the last decade,” Maestri said. “We made billions of investments in the United States. In the last 10 years, we created about 2 million jobs in this country — in the developer community in our retail stores in our call centers and through the supplier chain.” Maestri went on to talk more about Apple's US-located call centers, and how it is "very, very difficult to speculate" on Apple's manufacturing plans given that Trump has outlined no specific policies yet. He did, however, point out that a border tax on imported goods "would end up burdening the end consumer." Reading between the lines, it looks like another attempt by Apple to take iPhone manufacturing off the table for discussions with Trump. Apple seems willing to move ancillary services, like support centers, back to the US, but moving the entire iPhone supply chain would be orders of magnitude more difficult. This is far from the first time that iPhone manufacturing has been in the news. Shortly after Trump's electoral victory, Apple reportedly asked its subsidiaries to examine the feasibility of iPhone manufacturing -- which caused Breitbart to run with the (untrue) story " Silicon Valley Bows to Trump: Apple to Build iPhones in America ."

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Telstra's half-yearly net profit was down by 11.8 percent due to two decisions by the regulator slashing wholesale pricing, despite the telco making gains across its NAS and media businesses.

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The industry should be thinking of ways to convince governments to agree to not militarize the internet with machine learning technologies, the Alphabet chairman said.

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Microsoft's February Patch Tuesday patches are not going to arrive until Tuesday March 14, officials confirm, while providing no reasons for the delay.

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Disney keeps information close to the chest when it comes to Star Wars movies, but every once in a while, an interesting tidbit makes its way out into the world. That appears to be the case with a new report from Making Star Wars , in which Editor-in-Chief Jason Ward claims that sources have described to him a new planet that will appear in Star Wars: The Last Jedi that might serve as the home base for the First Order. "In  Star Wars: Episode VIII  we should see the greens of Ahch-To, a Dubrovnik/casino planet, a planet described to us as “Mars with snow on it,” and the interiors and exteriors of spaceships," says Ward. "Those are the locations we have had confirmed filming for and there could always be more." We already know that Ahch-To is the is aquatic planet where Rey met Luke at the end of The Force Awakens , and we know that The Last Jedi will pick up right where the previous film ended. As for the "casino planet," Ward wasn't able to share any other details, but we imagine this will be a locale full of seedy characters. But the "snowy Mars" planet is the one we're most interesting in, as Ward's sources claim that "the interiors were not unlike Starkiller Base in the sense that you can see the Death Star-style tech and architecture blending in with the rocks and natural environment." If that's the case, it would certainly make sense for this planet to be the base of the First Order and Supreme Leader Snoke, who only appeared via hologram in the previous film. He has to physically be somewhere, right? Why not snow Mars? It's not much to go on, but until Disney finally shares a trailer for the upcoming movie, reports like these are all we've got. Star Wars: The Last Jedi arrives in theaters on December 15th, 2017.

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The Australian Attorney-General's Department believes the offshoring of telecommunications metadata is not a security concern.

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SEOUL (Reuters) - Samsung Group [SAGR.UL] chief Jay Y. Lee appeared at the special prosecutor's office on Thursday on his way to a court hearing, before a judge decides whether to issue an arrest warrant over his alleged role in a corruption scandal that has engulfed President Park Geun-hye. Lee did not answer reporters' questions as he made his way into an elevator at the office. The hearing will take place at the Seoul Central District Court from 10:30 a.m. (0130 GMT). (Reporting by Joyce Lee and Hyunjoo Jin; Editing by Richard Pullin)

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The IT services firm will pay AU$26.9 million to claim the remaining 24.9 percent of Outware Systems.

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By Thomas Wilson TOKYO (Reuters) - Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investment in an asset manager and represents yet another unpredictable gambit for a group that has to date focused on telecoms and technology. It comes after founder Masayashi Son made the surprise announcement in October that SoftBank is teaming up with Saudi Arabia to set up a $100 billion technology fund.

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Swedish music streaming service Spotify will move its U.S headquarters and more than double its workforce in the country by next year, New York governor Andrew Cuomo said on Wednesday. Spotify, one of Europe's most highly valued venture-backed startups, which is reportedly considering a potential U.S. stock market listing, has not yet shown a profit as it spends to grow internationally. The firm will move its New York office to the World Trade Center from the Midtown South area of Manhattan, adding more than 1,000 new jobs while retaining 832, the governor said in a statement.

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If you're in the market for a wall clock — and, really, who doesn't need another clock or three — your choices are pretty much limitless. Timepieces come in all shapes and sizes, and very rarely will one make you actually raise an eyebrow. The Story clock by Flyte is one of the few that might catch your eye, and not because it's flashy, but exactly the opposite.  https://ksr-video.imgix.net/projects/2700782/video-750682-h264_high.mp4 Story is described by Flyte as a "levitating timepiece" and that succinct description pretty much hits the nail on the head. It's a large wooden disk with a single floating metal ball that makes its way around the circumference of the clock as fast or as slowly as you want. The ball just kind of hangs out in mid air as it cruises along, and the speed at which the ball moves can be programmed — via a smartphone app — to complete one full rotation as often as every minute or as rarely as a full year. http://media.zenfs.com/en_US/News/BGR_News/c7a5913465e5b7962360060a95e40fcd_original.gif?w=680&fit=max&v=1487176552&auto=format&gif-q=50&q=92&s=4cade898ee2733c7c32b31e3ac8bdc8d In case you didn't catch the symbolism behind the name and the ball (I certainly didn't), the clock is meant to tell your story.  Flyte suggests programming the ball's behavior to sync with important events in your life, like setting it to complete its rotation in nine months to help you track the coming birth of a child. http://media.zenfs.com/en_US/News/BGR_News/2dd274301023bbf752f2cdfaa2779f41_original.gif?w=680&fit=max&v=1487171500&auto=format&gif-q=50&q=92&s=241ab90cd3f2e8dede3480849849185a But Story is a clock after all, and even if you're setting the fancy floating orb to mimic the changing seasons or the days until football season starts again, you can still get the actual time from it, too. And LED matrix display is situation behind the wood and can be turned on to see the exact time and date. It can be toggled on or off indefinitely. Story is available for pre-order via Kickstarter, and it's already halfway to its $80,000 goal in less than a day. The clocks vary in price based on finish, but the cheapest you can score one (the Ash model) is $349 .

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The next iPhone could see the elimination of the Home button and Touch ID sensor in favor of an edge-to-edge design and “virtual buttons” at the bottom of the screen. There is said to be a new phone with a 5.8-inch OLED screen (2800x1242), but with a 5.15-inch useful screen size with the rest of the screen used for virtual buttons at the bottom. Kuo believes the phone “will come with other biometric technologies that replace the current fingerprint recognition technology,” though it’s not clear what those technologies could be.

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