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Enterprise Innovation

  • ATLANTA _ Mueller Water Products Inc. on Thursday reported fiscal second-quarter profit of $73.3 million. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share. Mueller Water Products shares have dropped almost 5 percent since the beginning of the year.

  • *Singapore semiconductor industry outpaces Asian rivals. SINGAPORE, April 28- Foreign precision engineering firms are investing more in Singapore, drawn by strong semiconductor demand and government incentives aimed at re-tooling an economy short of skilled labour. From a proactive standpoint, Singapore is about as good as it gets, "said Wayne Allan, vice...

  • April 27- Apple Inc has held talks with payments industry partners about launching a money-transfer service, technology news website Recode reported on Thursday. The service will allow iPhone owners to transfer money digitally to other iPhone users, Recode reported, citing sources familiar with the talks. Apple will announce the new service later this year,...

  • April 27- Apple Inc has held talks with payments industry partners about launching a money-transfer service, technology news website Recode reported on Thursday. The service will allow iPhone owners to transfer money digitally to other iPhone users, Recode reported, citing sources familiar with the talks. Apple will announce the new service later this year,...

  • AI will be bigger than all other tech revolutions: Kai-Fu Lee

    Artificial intelligence is already reshaping the world but traditional companies don't understand that yet, notes Kai-Fu Lee of Sinovation Ventures.

  • NEW YORK— "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block. The FCC in 2015 approved rules, on a party-line vote, that made sure cable and phone companies don't manipulate traffic. The net neutrality rules gave the FCC power to...

  • For over a million dollars you’ll soon be able to buy your very own flying car

    AeroMobil aims to make up to 500 units of its first commercially available edition. The company is now accepting pre-orders with first deliveries expected by 2020.

  • FRANKFURT, April 26- German luxury car manufacturer Daimler AG raised its forecasts on Wednesday, predicting a significant rise in operating profit this year after a surge in sales of Mercedes-Benz luxury cars and sports utility vehicles, boosted by the launch of new models. In February Daimler had said it expected only slight growth in group EBIT, but record...

  • ZURICH, April 26- Logitech is looking at acquisitions to accelerate growth and help expand into new product categories, Chief Executive Bracken Darrell said on Wednesday after the computer peripherals maker's fourth-quarter results beat forecasts. Logitech, the world's largest maker of computer mice, posted a 52 percent increase in net profit during the...

  • *To invest 300 mln euros more in electric drives by 2021. BERLIN/ FRANKFURT, April 25- Car components maker Continental AG is set to invest an extra 300 million euros in electric drives by 2021 but also remains committed to its combustion-based powertrain business, the company said on Tuesday. By raising spending on development of new products such as charging...

  • LONDON, April 25- AstraZeneca's move to the English university city of Cambridge will cost more and take longer than initially expected, following increased expenditure on new technology and equipment. Investment in Cambridge, where AstraZeneca is building a strategic R&D centre and global corporate headquarters, is now expected to be more than 500 million...

  • "Lilly's new product launches, including Trulicity and Taltz, led the company to a strong quarter of volume-driven revenue growth," David Ricks, who took over as chief executive on Jan. 1, said in a statement. "We are encouraged by another solid performance from Lilly's overall diabetes franchise," Leerink Partners analyst Seamus Fernandez said in a note.

  • Jack Ma's AI warning

    Kara Swisher, Recode, and Mike Isaac, The New York Times, discuss the warning from Alibaba's Jack Ma about future of the workforce as artificial intelligence and automation ramp up.

  • Elon Musk's brain-to-computer moonshot

    Henry Blodget, Business Insider CEO, and Ryan Smith, Qualtrics CEO, discuss Elon Musk's new venture, Neuralink, to connect a brain to a computer interface.

  • Quadra's business strategy

    Guillaume Touze, managing partner at Quadra, discusses his investment strategy.

  • April 20- Canadian e-commerce software maker Shopify Inc said on Thursday it had launched a new wireless card reader in the United States. The rates charged will be about 2.4 percent per swipe, and the device will compete with the likes of Jack Dorsey-led Square Inc's card reader, which costs merchants at least 2.75 percent per swipe. Merchants who own a Shopify...

  • April 20- Canadian e-commerce software maker Shopify Inc said on Thursday it had launched a new wireless card reader in the United States. The rates charged will be about 2.4 percent per swipe, and the device will compete with the likes of Jack Dorsey-led Square Inc's card reader, which costs merchants at least 2.75 percent per swipe. Shopify's card reader will be...

  • Facebook's reality problem

    Mike Isaac, The New York Times reporter, and Mitchell Green, Lead Edge Capital partner, discuss Facebook's F8 Developers Conference, including the push for virtual and augmented reality as well as the fallout over the Cleveland murder video.

  • Snap unveils World Lenses

    CNBC's Julia Boorstin reports Snapchat's new lenses offer users 3D images.

  • This is a bubble-like  water bottle you can eat

    Ooho is an edible jelly-like sphere filled with drinkable liquid and made of natural, biodegradable materials. The company Skipping Rocks Labs spent three years developing Ooho.