Chinese smartphone manufacturer Xiaomi plans to launch its IPO in Hong Kong in what is anticipated to be the world’s biggest IPO in 2018. The filing with the Hong Kong stock exchange did not reveal the size or projected valuation of the offering, but sources say the company hopes to raise at least $10 billion. A source also reported that the listing will value the company at “less than the $100 billion figure previously suggested.” Xiaomi’s filing also uncovered some financial details for the first time. Continue reading Xiaomi Plans Hong Kong IPO, China Reins In Tech Companies

The Internet of Things is more vulnerable than previously proven. Up until now the most common attack via IoT device has been to enlist thousands of them into botnets. Another method of attack is to find entry via a weak IoT device to conduct a ransomware attack. Now, IoT security firm Senrio has demonstrated that attackers can jump from one IoT device to another, without moving through PCs and servers, making their path even harder to discover. In other words, one vulnerable IoT device can create network disruption. Continue reading Unregulated IoT Devices Now Entry Point for Elaborate Hacks

The U.S. and China are locked in a battle over technology, which went public over Singapore-based Broadcom’s hostile bid to buy the U.S.-based Qualcomm. Should Broadcom succeed, it will make that company a major influence in computer chip development. But a U.S. Treasury official, in calling for a review of the deal, wrote that, “China would likely compete robustly to fill any void left by Qualcomm.” Under president Xi Jinping, China has made no secret of its plan to dominate tech industries including artificial intelligence and supercomputers. Continue reading U.S., China Grapple Over Dominance in Critical Technologies

Sprint plans to launch a 5G network by early 2019, joining its competitors in rolling out the new technology and spending $5 billion to $6 billion annually on its network. Verizon and AT&T plan to roll out their 5G networks later this year. Although today’s smartphones can already stream HD video with the current 4G networks, 5G networks will enable other devices and technologies, including autonomous vehicles. Sprint’s parent company, SoftBank Group, also has a significant investment in Uber Technologies. Continue reading AT&T, Sprint, Verizon Further Plans to Roll Out 5G Networks

CES attendees will see the latest in numerous technologies, but one to watch this year is 5G, the shorthand phrase for fifth-generation wireless technology. Currently, users of smartphones and connected devices get 4G connectivity, and experts expert that 5G will have a significant impact on powering tech trends, from IoT (Internet of Things) devices to smart homes and smart cities. At CES 2017, Qualcomm chief executive Steve Mollenkopf deemed 5G the “biggest thing since the introduction of electricity.” Continue reading New Tech Enabled by 5G Networks Will Be Highlighted at CES

IoT security researchers at Microsoft Research are focused on the near future when microcontrollers, which are small, low-power computers on a single chip, gain connectivity. Microcontrollers are already installed in billions of gadgets, so their eventual connectivity will explode the number of Internet of Things devices, all of which will require greater security. Microsoft Research’s Project Sopris aims to provide cost-effective security for microcontrollers, which currently don’t have enough compute power to offer security. Continue reading Microsoft Is Developing Cost-Effective Security for IoT Devices

The Intelligent Internet of Things Integrator (I3) consortium officially launched at the University of Southern California last week. Supported by the City of Los Angeles, I3 is focused on the Internet as a way to interconnect people and objects via sensors, cameras, actuators and community-based IoT networks. Warner Bros. is among the founding members, as the media titan looks into new ways for customers to purchase and customize its entertainment assets and integrate them into daily life through their digital devices. Continue reading Intelligent IoT Integrator (I3) Consortium Announced at USC

In 2019, Intel will launch 5G radio modems that will transfer data wirelessly at multiple gigabits per second. Intel, Qualcomm and others tout the promise of the 5G economy which, predicated on the existence of 5G chips, will enable self-driving cars, replace home-based cable modems and generate trillions of dollars in revenue over time. Intel will release its XMM 8000 series. The company says it has made a 5G phone call based on early prototypes and that its XMM 7560 chip already reaches gigabit speeds. Continue reading Tech Companies Produce 5G Chips and Test 5G Networking

Amazon, Facebook, Japan’s SoftBank and other technology companies are partnering to build the Jupiter cable system, a new 8,700-mile (14,000 km) transpacific subsea cable that will connect North America with Asia. The Jupiter system will have so-called landing points in two locations in Japan (Maruyama in Chiba prefecture and Shima in Mie prefecture), Daet in the Philippines and another in Los Angeles. Other partners include NTT (SoftBank’s rival), Hong Kong’s PCCW Global, and the Philippines’ PLDT. Continue reading Amazon, Facebook, SoftBank Ally for New Transpacific Cable

Consumer confidence in the Internet of Things can be easily rattled by reports of compromised privacy, such as when researchers found that some baby monitors had been turned into surveillance devices. The SoftBank Group-owned U.K. chip manufacturer ARM, however, has introduced a potential solution: a security framework for IoT devices from home appliances and children’s toys to vehicles and streetlights. Up until now, the many IoT manufacturers haven’t agreed on a single security standard, something ARM hopes to remedy. Continue reading ARM Proposes Security Framework Standard for IoT Devices

In an effort to help consumers better understand the benefits of Apple HomeKit products, Apple has installed interactive smart-home displays in 46 of its retail locations worldwide. Apple customers can use the Home mobile app via an Apple Watch, iPhone or iPad to perform functions such as turning on Philips Hue light bulbs and controlling Hunter ceiling fan speeds. Apple’s Home app allows users to control HomeKit-enabled smart devices from a single location (or even collectively with a single command) by tapping the screen or interacting with virtual assistant Siri. Continue reading Apple Installs Interactive HomeKit Experiences in 46 Stores

At the conclusion of the inaugural meeting of the White House’s American Technology Council, President Donald Trump called for a “sweeping transformation of the federal government’s technology,” admitting that the government needed to catch up with the private sector and that federal agencies had to deliver “dramatically better services to citizens.” The Council’s mandate is to convert paper forms into easy-to-use websites, and help the government buy better technology and use new tools like artificial intelligence. Continue reading White House American Technology Council Draws Top Execs

The Internet of Things is now made up of approximately 8.4 billion devices, in cars, voice-activated assistants, home security systems, personal fitness trackers and health-monitoring devices. Much of the “connection” is behind the scenes and involves machine learning-enhanced communication. But an increasing number of IoT products are embedded in the things of daily life, from toothbrushes and dental floss to baby monitors, umbrellas and remote-controlled pet food dispensers. Security and safety issues are now a focus. Continue reading Experts Ponder Implications of IoT Vulnerabilities and Risks

The ETC@USC’s Phil Lelyveld gave a presentation on the dark side of AR at Augmented World Expo in Santa Clara on Friday. His goal was to raise awareness of some fundamental issues now, before there is resistance to change from established AR and VR business models. Phil began by describing how the AR and VR landscape is integrally linked to the Internet of Things (it feeds data to the AR/VR experience), artificial intelligence (it will shape the end-user experience and avatar behavior), and to a lesser degree, robotics (the relatable face of the AI). Continue reading Augmented World Expo: ETC Presents the Dark Side of AR

IBM Research, GlobalFoundries and Samsung partnered to create transistors for a 5-nanometer semiconductor chip, expected to enable chips with 30 billion transistors. Researchers say the technical achievement should enable the $330 billion chip industry to keep up with Moore’s Law, the 1965 statement by Intel chairman emeritus Gordon Moore that the number of transistors per square inch on integrated circuits would double about every two years. Three years ago, IBM vowed to invest $3 billion over five years in chip R&D. Continue reading IBM Aims to Power IoT, AI, VR With New 5-Nanometer Chip