Technology Roundup – Google Assistant can read, translate websites, T-Mobile COO confident Sprint deal

Published on: Jan 7, 2020
Author: Amy Liu

Google Assistant can read, translate websites

  • Google (GOOG,GOOGL) Assistant will soon be able to read long-form web content and translate the text from one of 42 languages if needed.
  • Android device users will need to load up the site and then activate the feature with “Hey Google, read this page” or “Hey Google, read it.”
  • The feature, which could help visually impaired users, will roll out later this year.

T-Mobile COO confident Sprint deal goes through

  • While testimony has wrapped in the trial of several states vs. Sprint/T-Mobile, the latter company’s COO says you can’t rule out a settlement.
  • Mike Sievert told Citi’s Global TMT West conference that a settlement with the suing states is “never off the table” and that he’s confident the acquisition of Sprint will be completed.
  • Sievert is set to succeed John Legere as CEO of the company on May 1.
  • His comments came after the company reported strong subscriber additions for Q4, including 1.9M total net adds, 1.3M branded postpaid and 1M branded postpaid phone. Cable and Verizon were tough competition for customers in the quarter, Sievert said.
  • T-Mobile (NASDAQ:TMUS) finished the day up 0.4% and is up 0.1% after hours; Sprint (NYSE:S) slipped 1.7% and is down 0.2% postmarket.

JD.com prices $1B debt offering

  • JD.com (NASDAQ:JD) has priced an offering of $1B in debt.
  • The public offering consists of $700M in 3.375% notes due 2030, and $300M in 4.125% notes due 2050.
  • Net proceeds of about $988.3M are earmarked for general purposes and refinancing.
  • Joint book-runners on the offering are BofA Securities and UBS AG Hong Kong.

Mobileye partners with SAIC for mapping

  • Intel’s (NASDAQ:INTC) Mobileye announces that SAIC will use its REM mapping technology to map China for L2+ ADAS deployment.
  • The company also reveals a long-term cooperation with Daegu Metropolitan City, South Korea, to deploy Mobility-as-a-Service based on Mobileye’s self-driving system.
  • The SAIC agreement marks Mobileye’s first design win with a major Chinese automaker and marks the first L2+ mapping in China.

Baidu eyes second listing in Hong Kong – reports

  • Baidu (BIDU +1.3%) is considering a second listing in Hong Kong, according to media reports including the South China Morning Post.
  • The company has hired representatives and spoken with large institutions in the city, according to the reports.
  • That comes amid growing interest in second listings on the exchange. Several American-listed Chinese tech companies qualify to list in the city, the WSJ notes.
  • It would come in the wake of a successful dual listing from Alibaba.

Technology