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Techlife News #417

Read the most relevant news of the week about the world of technology and its influence on our lives. New products, Apps, acquisitions in the industry, highlights about the digital world and everything about your favorite iGadgets and upgrades. Everything you need to keep well informed. A new concept of light, intelligent, innovative reading at your fingertips. A global view of Tech LifeStyle and its influence on our lives.

Country:
United States
Language:
English
Publisher:
Ivan Castilho de Almeida
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52 Issues

IN THIS ISSUE

4 min.
is the stethoscope dying? high-tech rivals pose a threat

Two centuries after its invention, the stethoscope — the very symbol of the medical profession — is facing an uncertain prognosis. It is threatened by hand-held devices that are also pressed against the chest but rely on ultrasound technology, artificial intelligence and smartphone apps instead of doctors’ ears to help detect leaks, murmurs, abnormal rhythms and other problems in the heart, lungs and elsewhere. Some of these instruments can yield images of the beating heart or create electrocardiogram graphs. Dr. Eric Topol, a world-renowned cardiologist, considers the stethoscope obsolete, nothing more than a pair of “rubber tubes.” It “was OK for 200 years,”Topol said. But “we need to go beyond that. We can do better.” In a longstanding tradition, nearly every U.S. medical school presents incoming students with a white coat and stethoscope to…

2 min.
us highway deaths fall in 2018 for second straight year

Traffic deaths in the U.S. fell slightly in 2018 for the second straight year, the government’s road safety agency said Tuesday. The National Highway Traffic Safety Administration attributed the 2.4% drop partially to technology in newer vehicles that can prevent crashes. A total of 36,560 people died on the nation’s roads in last year, the latest full-year statistics available. The agency said the downward trend is continuing into 2019. First-half estimates show fatalities down 3.4%. “This is encouraging news, but still far too many perished or were injured, and nearly all crashes are preventable, so much more work remains to be done to make America’s roads safer for everyone,”Transportation Secretary Elaine Chao, whose department oversees NHTSA, said in a statement. The overall declines in 2017 and 2018 came after two years of large increases…

2 min.
weak profit, revenue, overshadow twitter user growth

Disappointing third-quarter profit and revenue at Twitter overshadowed strong user growth, sending shares of the social media company plummeting 16% before the opening bell. The San Francisco company also lowered its outlook for the fourth-quarter and for the year and blamed some of its problems in the most recent quarter on bugs related to its advertising platform. The company said it’s addressing those issues, but that they will likely weigh on its advertising business in the near term. Net income was $37 million, or 5 cents per share. Removing non-recurring charges, per-share profit was 17 cents, 3 cents shy of Wall Street expectations, according to a survey of industry analysts by FactSet. It was a 65% drop from last year’s adjusted profit of $106 million. Revenue was $824 million, an increase of 9% over the…

3 min.
tesla’s stock soars after company posts surprising 3q profit

Tesla posted a surprising profit of $143 million in its latest quarter, raising hopes the electric car pioneer may finally be turning the corner after posting mostly losses during its first decade as a publicly held company. The positive results announced Wednesday came after Tesla lost $1.1 billion during the first half of the year. That had caused many investors to lose faith in the company even as it boosted sales of its vehicles. Doubts about Tesla led its stock to fall by 23% so far this year, while the bellwether Standard & Poor’s 500 index has climbed 20%. But Tesla’s shares recovered a big chunk of those losses after its third-quarter numbers came out, soaring 20% to $306 in extended trading. The rally stemmed largely from investors’ surprise given the widespread expectation…

2 min.
microsoft racks up more cloud customers

Microsoft this week reported its latest solid quarterly report card to Wall Street, buoyed by another round of business customers signing up for its cloud computing services. The company reported fiscal first-quarter profit of $10.7 billion, up 21% from the same period last year. The net income of $1.38 per share beat Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share. The software maker posted revenue of $33.1 billion in the July-September period, up 14% from last year and also beating forecasts. Ten analysts surveyed by Zacks expected $32.2 billion. Microsoft shares have risen 35% since the beginning of the year, while the Standard & Poor’s 500 index has risen 20%. In the final minutes of trading on Wednesday, shares hit $137.11,…

2 min.
global caution over 5g puts pressure on nokia

Finnish tech company Nokia warned Thursday that its profits will be lower than expected due to tough competition and costs related to new-generation 5G networks, about which mobile operators are cautious amid global concerns about cybersecurity. The company based in Espoo, Finland, reported a 14% decline in third-quarter net profits to 267 million euros ($296 million), though sales were up 4% at 5.7 billion euros. The share price dropped 20% to 3.79 euros in Helsinki as Nokia said it would stop dividend payments to boost investments into 5G. It pledged to resume them after its cash position improves. CEO Rajeev Suri said that risks previously flagged regarding the initial phase of the rollout of the high speed 5G networks are “now materializing” for Nokia. He said there was “pricing pressure” in closing initial 5G…