Andrei Truta

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California orders Uber to pay a $7.3 million fine

Uber can't leave its troubles at the door, so to speak, not when it's facing an issue in its own home. The California Public Utilities Commission has slapped the ride-sharing company with a $7.3 million fine and ordered its suspension in the state, after it failed to comply with the agency's …

Flipagram Raises $70M, Scores Record Label Deals Thanks To 30M+ Music Hungry Users

It’s a mix of Instagram and YouTube…maybe a bit of an old-school RockYou component. No matter how you look at it, Flipagram has seen enormous growth and is a mobile juggernaut.<p>Today, the company has formally announced that it has raised a $70 million B round of funding led by Sequoia and including …

Universal Music

Europe's investigating Qualcomm's mobile chip dominance

While Qualcomm enjoys a healthy hold over the mobile chip industry, regulators are wondering whether the US company has achieved its dominance in a fair manner. The company has already paid $975 million to escape an investigation into its monopolistic practises in China, but now the European …

UK supermarkets criticised over misleading pricing tactics

The competition regulator has criticised the UK’s leading supermarkets over their pricing, after a three-month inquiry uncovered evidence of “poor practice that could confuse or mislead shoppers”.<p>The Competition and Markets Authority stopped short of a full-blown market investigation but has …

Your New Ride To Space

You don’t need a rocket to leave Earth. There’s a slower, gentler trip in the works—and it comes with a cocktail.<p>When Alan Eustace lifted off into space from the New Mexico desert this past October, it was with a quiet whoosh, and a slight jostle of his harness. The 57-year-old computer scientist …

Intel quietly admits that it's struggling with Moore's Law

Is Moore’s Law finally faltering? Intel has confirmed today that its next generation of processors called “Kaby Lake” will be built using its existing 14-nanometer process.<p>It was expected the company would shrink its processor size down to 10-nanometers next year after the release of the …

Moore's Law

Europe is back in business — and it's in the middle of a car-buying boom

In fact, European car sales are rising at the fastest pace in 5 and a half years, since the back end of 2009.<p>Sales rose by 14.6% in the year to June, the most rapid increase since before the onset of the euro crisis. That's according to the European Automobile Manufacturers Association.<p>European …

Angela Merkel