Apple Awards $390 Million to Face ID Tech Company Finisar

Apple Inc. is awarding one of its key suppliers $390 million as part of its effort to fund domestic technology manufacturers, the tech giant said Wednesday. The funding will enable Finisar Corp. FNSR -2.57% , Apple’s second-largest supplier of a laser technology used in its iPhone X’s facial-recognition …

Competition in the notoriously low-tech commercial real-estate services business is shifting into high-tech arenas. JLL, the world’s second-largest commercial property services company by revenue, has cut a deal with a firm that tracks shopping habits of consumers by analyzing the locational pings sent by …

Colorado recently celebrated “Connected and Autonomous Vehicle Day,” where Gov. John Hickenlooper discussed the state’s partnership with Panasonic on the country’s first production-grade, connected vehicle system in which real-time data is shared across vehicles, infrastructure and people to improve …

To that end, Toyota in September formed an EV technology venture with peer Mazda Motor Corp <7261.T> and supplier Denso Corp <6902.T>. The venture reflects a trend of automakers and components makers partnering to develop the next-generation cars, to reduce research, development and …

A Nokia logo is seen at the company’s headquarters in Espoo, Finland, May 5, 2017. REUTERS/Ints Kalnins Reuters. HELSINKI (Reuters) – Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after …

SHANGHAI (Reuters) – The high-profile founder of struggling Chinese techconglomerate LeEco has been placed on an official blacklist of debt defaulters, a further … The move underscores the abrupt fall from grace of one of China’s most prominent entrepreneurs, who created a tech empire ranging from a …

Some investors including Kobayashi also feel affinity to bitcoin partly because its inventor, Satoshi Nakamoto, is said to be Japanese, though the true identity of the father of the blockchain technology is shrouded in mystery. Trading at Japanese major bitcoin exchanges grew to 4.51 million bitcoin in …

Several years ago, tech enthusiasts in San Francisco began buzzing about a new and mysterious thing called Bitcoin. There were rumors that the virtual money, invented by a pseudonymous math genius named Satoshi Nakamoto, would revolutionize modern finance and render government-backed …