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Fri, May

Uber revealed on Thursday that it plans to announce changes to how it rewards cyber researchers who reports flaws in its software, as part of the ride-hailing firm's response to concerns raised about the way it handled a data breach in 2016, a company executive told Reuters.

The company's chief information security officer John Flynn, said in an interview "Among the hanges to Uber Technologies, so-called bug bounty program are new terms that more clearly define what Uber does and does not consider "good faith" vulnerability research.

President Donald Trump will meet with Apple Inc, Chief Executive Officer Tim Cook to discuss trade issues on Wednesday as the technology industry grapples with a U.S. tariff spat with China, a manufacturing hub for the iPhone maker and other companies.

Trump, in a tweet ahead of the meeting, said the two would discuss other issues but gave no details.

“Looking forward to my meeting with Tim Cook of Apple. We will be talking about many things, including how the U.S. has been treated unfairly for many years, by many countries, on trade,” he wrote.

Volvo Trucks plans to share battery technology across its brands to tame development and production costs for the crucial but expensive component, as the world’s second-largest truck maker ramps up electric offerings, the company told Reuters on Monday.

As vehicle makers face growing costs to develop lower-emission vehicles and automated driving capabilities, Volvo Trucks, owned by Sweden’s Volvo said it would “absolutely” make sense for its brands, which include Japan’s UD Trucks and Mack Trucks in the United States, to share battery technology.

Samsung Electronics Co. is determined to further expand production in Vietnam, co-CEO Koh Dong-jin told Vietnamese Prime Minister Nguyen Xuan Phuc on Friday, Reuters reports. Samsung will recruit more Vietnamese employees and develop electronics in smart cities in Bac Ninh province and other places, according to a statement posted on the government’s website.

Tencent Music, the music distribution business of China’s social media giant Tencent, could be headed for an initial public offering later this year. According to Variety, the Wall Street Journal reported that Tencent expects to audition investment banking advisors within the next month. It would aim to float the music division by the end of the year.

Twitter co-founder Biz Stone has invested in a Delhi-based Artificial Intelligence (AI)-powered chatbot "Visit" which is the brainchild of students from Birla Institute of Technology and Science (BITS), Pilani in Rajasthan. Started in 2016 by Anurag Prasad, Vaibhav Singh, Shashvat Tripathi and Chetan Anand, "Visit" is an AI-powered chatbot for health advice learning from, and assisting, existing doctors.

New app turns phone into lie detector as algorithm augmented by computer scientists at the University of Copenhagen can perceive honesty and dishonesty by examining how to swipe or tap a smartphone. Fraudulent communications are often time consuming and include more hand movement than honest ones according to a research paper.

The algorithm, known as Veritaps glares a green check mark when righteous statements are entered into a smartphone and jots hesitant information with a red question mark. It provides beneficiaries of contentious messages the option of requesting the sender for more information.

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