GO
Loading...

Innovation

More

  • Tougher Internet rules to hit cable, telecoms companies Thursday, 26 Feb 2015 | 1:00 AM ET

    It culminated in the FCC receiving a record 4 million comments and a call from President Barack Obama to adopt the strongest rules possible. The FCC sought new net neutrality rules after a federal court rejected their previous version in January 2014. The shift gives the FCC more authority to police various types of deals between providers such as Comcast Corp...

  • *Australia has the technology and IP to corner the market. Engineers at Monash University and its commercial arm are making top-secret prototypes for Boeing Co, Airbus Group NV, Raytheon Co and Safran SA in a development that could be the saviour of Australia's struggling manufacturing sector. Australia has the potential to corner the market.

  • FACT CHECK: Talking heads skew 'net neutrality' debate Wednesday, 25 Feb 2015 | 11:33 AM ET

    That means broadband providers like Comcast, Verizon, AT&T, Sprint and T-Mobile must act in the "public interest" when providing your Internet connection and conduct business in ways that are "just and reasonable." The goal, as stated by regulators: Prevent those service providers from creating paid Internet "fast lanes" and charging sites such as Google, YouTube...

  • Standard Motor Products posts 4Q profit Wednesday, 25 Feb 2015 | 8:54 AM ET

    LONG ISLAND CITY, N.Y. _ Standard Motor Products Inc. on Wednesday reported fourth-quarter earnings of $11.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Standard Motor Products shares have increased nearly 3 percent since the beginning of the year.

  • PARSIPPANY, N.J.— GlaxoSmithKline's diet pill, alli, is now back in most U.S. stores. Glaxo's innovation center for consumer products, in Parsippany, New Jersey, says the product package was redesigned to make tampering easier to spot. Before shipping alli, known chemically as orlistat, to retail stores, Glaxo launched it in mid-February through Drugstore.com and...

  • NEW YORK— Wal-Mart is launching an online shop on its site that aims to help customers find products that are good for the environment from manufacturers that have been leaders in sustainability. The items are not being sold at a premium, says Rob Kaplan, Wal-Mart's director of product sustainability. The Sustainability Index analyzes and gathers information...

  • European Central Bank shows off new 20-euro note Tuesday, 24 Feb 2015 | 9:48 AM ET

    FRANKFURT, Germany— The European Central Bank has unveiled a new version of the commonly used 20- euro note with added anti-counterfeiting features. European Central Bank head Mario Draghi signed a large facsimile of the new note at a ceremony Tuesday at bank headquarters in Frankfurt. It follows new versions of the 5- euro and 10- euro note.

  • Driverless cars end of road for some brands?  Tuesday, 24 Feb 2015 | 7:16 AM ET

    CNBC's Phil LeBeau takes a look at who wins and loses with self-driving cars.

  • FRANKFURT, Feb 24- Deutsche Bank will outsource large parts of its wholesale banking IT infrastructure to U.S.-based Hewlett-Packard in a multibillion-dollar deal that leaves the group's retail operations untouched. The HP deal will allow the bank to reduce costs and launch new products and services more quickly, Deutsche Bank Chief Operating Officer...

  • Feb 18- Google Inc is set to launch its paid monthly subscription service called YouTube Music Key in a few months, Robert Kyncl, the online video service's head of content and business operations, said at the Code/Media conference.

  • ATLANTIC CITY, N.J.— New Jersey gamblers who want to ban themselves from placing bets over the Internet can now sign up for a self-exclusion list— over the Internet. The state Division of Gaming Enforcement says people who want to sign up for a voluntary self-exclusion list for Internet gambling can do it online at www.njdge.org or through...

  • TOKYO, Feb 20- Activist investor Daniel Loeb said Fanuc Corp's plan to boost investments was not enough to fix its "blatant capital inefficiency", stepping up calls for the Japanese industrial robot maker to reward shareholders through major buybacks. Loeb, whose hedge fund Third Point holds an undisclosed stake in Fanuc, told Reuters by email the plan to double...

  • Tech disruptor sees some top ticking  Thursday, 19 Feb 2015 | 8:04 AM ET

    Discussing high tech valuations, Chamath Palihapitiya, Social+Capital Partnership.

  • Jebbit turning ads into opportunities  Thursday, 19 Feb 2015 | 6:37 AM ET

    Jonathan Lacoste, Jebbit COO, is working to help prevent Internet users from ignoring advertisements, and actually engaging with them. He also discusses dropping out of college to start Jebbit.

  • LOS ANGELES, Feb 19- As U.S. drugmakers face growing resistance to the high price of cutting-edge treatments, a handful of companies are working on a new payment model that rewards them for the long-term performance of their medicines. They include BioMarin Pharmaceutical Inc in San Rafael, California, and Sangamo BioSciences Inc in Richmond, California.

  • Feb 18- Google Inc's YouTube is set to launch its long-awaited paid monthly subscription service called YouTube Music Key in a few months, said Robert Kyncl, the online video service's head of content and business operations, at the Code/Media conference. The beta version of the service is currently being tested and is available by invitation, Kyncl said at the...

  • Feb 18- Samsung Electronics Co Ltd has bought U.S. mobile wallet startup LoopPay, signalling its intention to launch a smartphone payments service to compete with a recent offering from rival Apple Inc.. Apple, Google, and eBay Inc's PayPal have all launched services to allow users to pay in stores via smartphones. He would not be drawn on speculation the company...

  • NEW YORK— Samsung is buying mobile-payment startup LoopPay as the Korean phone maker steps up to challenge Apple and its payment system on iPhones. The deal strengthens speculation that Samsung Electronics Co. plans to include mobile-payment technology in its next major phone, which is expected to be announced March 1 at the Mobile World Congress in...

  • Career networking website LinkedIn launches in Arabic Wednesday, 18 Feb 2015 | 10:46 AM ET

    DUBAI, United Arab Emirates— Career networking website LinkedIn has launched an Arabic version targeting the Middle East's majority youth population. Saudi Labor Minister Adel Fakeih, who took part in the launch of the website from neighboring United Arab Emirates on Wednesday, says the portal will help the government reach out to Saudis seeking jobs.

  • These companies started in a garage  Wednesday, 18 Feb 2015 | 8:45 AM ET

    Fortune contributor Colleen Kane provides insight to unusual start-up origin stories.