Friday , August 23 2019

Technology

SoftBank unit invests $125mn in Google’s Loon balloons

Bloomberg One of the most improbable ideas from Google’s eccentric co-founders — using high-altitude balloons to provide internet connections — is getting a boost from another unconventional technology mogul. An affiliate of Masayoshi Son’s telecom company SoftBank Corp is investing $125 million in Loon, a subsidiary of Google parent Alphabet ...

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Sequoia-backed drone startup begins Ghana medical deliveries

Bloomberg US venture capitalists Sequoia Capital Operations LLC and Andreessen Horowitz are backing a tech startup that says it’s the world’s largest medical drone delivery service, sending 148 types of medicine to areas around Ghana. San Francisco-based Zipline International Inc struck a deal with the West African nation’s government to ...

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Samsung’s foldable screens fail in some early review models

Bloomberg Some test models of Samsung Electronics Co’s new foldable phone suffered defects after only days of use, casting a shadow over next week’s introduction of a $1,980 device meant to rejuvenate a flagging market and showcase the Asian company’s technology expertise. Several publications, including Bloomberg News, outlined a bevy ...

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