What Amazon Wants from Whole Foods: Data on Shopping Habits

By Anick Jesdanun   NEW YORK (AP) — Why is Amazon spending nearly $14 billion for Whole Foods ? One reason: People who buy yoga mats and fitness trackers on Amazon might also like grapes, nuts and other healthy items at the organic grocery chain. In short, the deal stands to net Amazon a wealth […]

Samsung to Invest $19 Billion in Chip, Display Plants

By Youkyung Lee SEOUL, South Korea (AP) — Samsung Electronics said July 4 it will invest 21.4 trillion won ($19 billion) in the next four years in its memory chip and display plants in South Korea. The South Korean company’s announcement comes as the global memory chip industry enjoys a massive boom thanks to a […]

Nokia Maker Partners With Zeiss on Smartphone Optics

  HELSINKI (AP) — HMD Global, the company that’s licensed to produce Nokia phones and tablets, says it is partnering with Germany-based Zeiss to produce high quality optics on its new Nokia smartphones. The Finnish company says the handsets will be equipped with Zeiss cameras, “building on the shared history and expertise between Zeiss and […]

Apple’s HomePod Speaker Pumps Up The Volume on Tech Rivals

By Michael Liedtke and Barbara Ortuay SAN JOSE, Calif. (AP) — Apple is hoping a new smart home speaker will strike a chord with music lovers — the latest test of the iPhone maker’s ability to redefine markets originally staked out by its rivals. The trend-setting company also is putting new twists on existing products […]

Nest Security Camera Knows Who’s Home With Google Face Tech

By Michael Liedtke SAN FRANCISCO (AP) — Nest Labs is adding Google’s facial recognition technology to a high-resolution home-security camera, offering a glimpse of a future in which increasingly intelligent, internet-connected computers can see and understand what’s going on in people’s homes. The Nest Cam IQ, unveiled Wednesday, will be Nest’s first device to draw […]