Technology 

Snap shares hit by second CFO exit in a year

(Reuters) – Shares of Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance chief to leave the Snapchat operator in a year since a much-criticized redesign. Stone joined the owner of Snapchat last May after spending two decades with Amazon.com Inc, replacing Andrew Vollero, who was responsible for taking Snap public in 2017. Several Wall Street analysts termed Stone’s departure “materially negative”, arguing the loss of an experienced industry hand would make it tougher for the company to hire and retain top…

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Technology 

Snap CFO Stone to resign less than a year into role

The Snapchat messaging application is seen on a phone screen August 3, 2017. REUTERS/Thomas White (Reuters) – Chief Financial Officer Tim Stone will be leaving Snap Inc (SNAP.N) less than a year after taking the job, the company said on Tuesday, the latest in a string of executive departures from Snap over the past year. Stone’s departure is not related to any disagreements with the company, which owns popular photo messaging app Snapchat, Snap said in a filing bit.ly/2McCRIt. Former Chief Strategy Officer Imran Khan and Vice President of content…

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Sports 

Motor racing: Red Bull retain Buemi as reserve for ninth year

FILE PHOTO: Toro Rosso Formula One driver Sebastien Buemi of Switzerland speaks during a news conference ahead of the weekend’s Belgian F1 Grand Prix in Spa Francorchamps August 26, 2010. REUTERS/Stefan Wermuth LONDON (Reuters) – Swiss driver Sebastien Buemi will continue as Red Bull’s Formula One reserve this season, his ninth year carrying out the backstop role. The 30-year-old is also competing in the all-electric Formula E series, which he won in 2015-16, and World Endurance Championship (WEC). Buemi won the WEC title in 2014 and Le Mans 24 Hours…

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Science 

China to collect samples from moon this year

BEIJING (Reuters) – China will launch a probe to collect samples from the moon around the end of this year, a space official said on Monday, weeks after Beijing hailed the successful touch down on the far side of the moon. China’s lunar rover Yutu-2, or Jade Rabbit 2 rolling onto the far side of the moon taken by the Chang’e-4 lunar probe is seen in this image provided by China National Space Administration January 4, 2019. Picture taken January 4, 2019. China National Space Administration/CNS via REUTERS The Chang’e-4 lunar…

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Technology 

Apple to launch three iPhones with new camera features this year: WSJ

(Reuters) – Apple Inc plans to launch three iPhone models this year with some new camera features, including three rear cameras for the most expensive model and two for the other models, the Wall Street Journal reported on Friday. The new iPhones will succeed the XR model that has shown sluggish demand, which according to Apple was due to weak sales in China. That led several electronics retailers in the world’s second largest economy to slash iPhone prices this week. Apple was not available for comment outside regular business hours.…

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Top stories 

Leeds students honour organ donor pupil who died last year

More than 1,500 students and staff members have paid tribute to a pupil who died last year by spelling out a special message on their sports pitch. Students at The Grammar School at Leeds honoured 12-year-old Hoshi Naylor, who died after being hit by a car in January 2018. Her organs were donated to four people in need of a transplant after she died. The students stood in formation to spell out the words ‘Be A Hero’, which is the name of the organ donor campaign led by Leeds Teaching…

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Top stories 

Andy Murray: Billie Jean King leads tributes to Briton who plans to retire this year

Andy Murray was in tears as he spoke to journalists ahead of the Australian Open Australian Open 2019 Venue: Melbourne Park Dates: 14-27 January Coverage: Daily live commentaries on the BBC Sport website, listen to Tennis Breakfast daily from 07:00 GMT on BBC Radio 5 live sports extra and watch highlights on BBC TV and online from 19 January. Andy Murray has been “a champion on and off court”, said American tennis legend Billie Jean King after the Briton revealed he plans to retire this year. Murray, who has won…

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Technology 

Apple plans to launch three new iPhone models this year: WSJ

FILE PHOTO: Apple company logos are seen as two MacBooks stand next to each other in an office in Vienna, Austria January 3, 2019. REUTERS/Leonhard Foeger (Reuters) – Apple Inc plans to launch three new iPhone models this year, including one with an LCD screen, to succeed its struggling XR model, the Wall Street Journal reported on Friday. The iPhone maker also intends to introduce new camera features, the report said, citing people familiar with the matter. Apple was not immediately available for comment outside regular business hours. The Cupertino,…

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Technology 

Nvidia says new self-driving platform to hit streets next year

The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith (Reuters) – Nvidia Corp on Monday announced its Drive AutoPilot platform, with artificial intelligence technologies, that can enable the next level of self-driving cars by 2020, further strengthening its position in the industry. The chipmaker said that German automotive suppliers Continental AG and ZF Friedrichshafen AG [ZFF.UL] will be using the platform in their “level 2+” self-driving systems going into production starting next year. ZF is also offering for the…

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Technology 

Intel working with Facebook on AI chip coming later this year

FILE PHOTO: The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, California, U.S. June 12, 2018. REUTERS/Mike Blake (Reuters) – Intel Corp said on Monday at the Consumer Electronics Show in Las Vegas that it is working with Facebook Inc to finish a new artificial intelligence chip in the second half of this year. The chips are Intel’s gambit to retain hold of a fast-growing segment of the artificial intelligence computing market but will face competition from similar chips from Nvidia Corp…

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