Microsoft previews decentralized identity network based on blockchain agnostic protocol

Microsoft is making a breakthrough with its year-long effort to bring major infrastructure change to how internet users’ identities are stored and verified. The tech giant announced on Monday that it is test running its decentralized identifier (DID) network running atop the Bitcoin blockchain. The decentralized identifier network, dabbed ION (Identity Overlay Network), is based...

Amazon offers employees $10K and 3 months’ pay to start their...

Following news of Amazon’s plans to reduce Prime shipping down to one day, the company this morning announced an expansion of its Delivery Service Partner program, which now includes a new incentive that encourages existing Amazon employees to start their own package delivery company. The partner program, first announced last year, includes access to Amazon’s...

Uber prices IPO at $45 per share, at low end of...

Uber is preparing for its public debut on the New York Stock Exchange on Friday.

Uber is facing Australian class action suit alleging ‘unlawful conduct’ –

As it gears up to go public Uber is facing legacy baggage down under: A class action lawsuit has been filed in Australia on behalf of around 6,000 taxi and hire car drivers and license owners, Reuters reported Friday. The suit was filed Friday at the Victoria Supreme Court by personal injury and compensation law...

Microsoft Unveils New Azure Services For Developers – Quick Facts

Microsoft Corp. (MSFT) announced a series of new Azure services and developer technologies to help developers to build the next generation of apps. The new services enable developers to take advantage of the latest computing capabilities including AI, mixed reality, IoT and blockchain.

Huawei Smartphone Sales Surge In Q1; Apple, Samsung Sales Decline

Worldwide shipment volumes of smartphones declined in the first quarter of 2019, marking the sixth consecutive quarter of decline. However, Chinese tech giant Huawei was able to grow both volume and market share in the quarter to rise to the second position among the top smartphone vendors, while iPhone maker Apple Inc.

Eric Schmidt and Diane Greene are leaving Alphabet’s board of directors...

Google’s parent company Alphabet announced that two board members, Eric Schmidt and Diane Greene, will not be seeking re-election when their terms expire on June 19. Schmidt has been on the company’s board since 2001, and also served as Google’s CEO for a decade, until April 2011. He then became the company’s executive chairman, before...

Uber Prices IPO At $44 To $50, Seeks To Raise Up...

Ride-hailing company Uber Technologies, Inc. (UBER) Friday said it plans to start marketing its initial public offering at a price range of about $44 to $50 a share.

Xilinx to Acquire SolarFlare for SmartNIC Capabilities

Xilinx announced it will acquire SolarFlare for SmartNIC capabilities creating an intriguing combination and new market dynamic

Apple expands global recycling programs, announces new Material Recovery Lab in...

Apple announced today a further investment in its recycling programs and related e-waste efforts, which includes an expansion of its recycling program for consumers and the announcement of a new, 9,000-square-foot Material Recovery Lab based in Austin, Texas, focused on discovering future recycling processes. The company also reported the success of its existing efforts around...