Meg Whitman, a long time leader of several tech companies, will retire as CEO of Hewlett Packard Enterprises (NYSE: HPE) early next year
Uber paid a hacker $100,000 to cover up a breach of its systems that exposed the records of 57 million customers and drivers.
“Net neutrality” may be over. According to The New York Times:
The Federal Communications Commission plans to scrap net neutrality rules requiring broadband providers to give consumers equal access to all content on the internet.
A rollback of the regulations would represent a significant victory for broadband and telecom companies like AT&T and Comcast and would amount to a strike against consumers.
The Financial Times reports that the Apple (NASDAQ: AAPL) iPhone X was sometimes built by illegal workers at electronics firm Foxconn. Some of these workers were students who were threatened about their chances to graduate.
Apple has done research on advanced versions of self-driving cars. According to CNBC:
Apple computer scientists revealed a new method that self-driving could use to detect pedestrians and cyclists in a recently-published research paper, giving a rare glimpse into the U.S. technology giant’s work in the field.
In the paper from November 17 published in online journal arXiv, Apple researchers Yin Zhou and Oncel Tuzel discussed the advancements they have made in being able to detect 3-D objects.
Current object detection systems rely on “LiDAR” technology. This works by shining light onto a surface and measuring how long it takes to return in order to figure out how far an object is and create an image of its shape.
Time, Inc. (NYSE: TIME) management has made an effort to stop a takeover by Meredith (NYSE: MDP). According to The New York Post:
Time Inc.’s top management huddled with a number of major shareholders on Nov. 16, and one source said he came away convinced management was still committed to a long-term turnaround plan — not the takeover plan that Meredith is floating.
“There still seems a little bit of resistance” to the idea of selling the company, the source said.