Technology News - July 22nd - July 28th, 2019

Goals

To understand the important things and/or events that happened in technology the week of July 22nd to July 28th, 2019.

Early Findings

  • Evolve Funds Group Inc. ("Evolve") has announced the inclusion of a 5G technology category to the Evolve Innovation Index Fund (TSX: EDGE), "providing Canadian investors the opportunity to participate in the next wave of mobile connectivity. As global carriers invest billions in the development of the 5G network, this innovative technology is on the brink of disruption." Evolve's President and CEO, Raj Lala stated: "This will help fuel a huge rise in Internet of Things technology allowing for a smarter and more connected world. This will be critical in many aspects of our future lives including self-driving cars and robotics."
  • A prototype of SpaceX's Mars rocket lifted off Thursday night for a landmark test.
  • President Trump tweeted Friday that he will not exempt Apple from paying tariffs "on parts for the new Mac Pro, which Apple will reportedly assemble in China. Final assembly of the current version of the Mac Pro takes place in Texas."
  • TikTok owner ByteDance is developing a smartphone. "According to Chinese financial magazine Caijing, the new phone has been in development for seven months."
  • Australian regulators are planning to "launch the world's first office dedicated to scrutinizing algorithms used by tech giants such as Facebook and Google."
  • City Power, a major electricity supplier in South Africa's largest city suffered a ransomware attack, leaving some residents without power.
  • Twitter now has 139 million users.
  • The U.S. Justice Department has opened an antitrust investigation of tech companies such as Amazon, Facebook, and Google.
  • There are three notable stories from last week, including Snap's and Alphabet's impressive quarterly updates and Apple's acquisition of most of Intel's modem business.
  • Scientists at the University of California San Diego have created a contact lens, controlled by eye movements, that can zoom in if you blink twice.
  • French 'Green Goblin' prepares for next attempt to fly from France to England, after failing last week.
  • Three of Apple’s 2020 iPhones will reportedly support 5G.
  • Apple buys Intel’s smartphone modem business.

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