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Netflix adds seven million subscribers in global expansion

Netflix adds seven million subscribers in global expansion

Netflix reported better-than-expected results for the fourth quarter, led by strong subscriber growth outside the US. Netflix added 7.05 million new streaming customers in the fourth quarter and ended 2016 with 93.8 million subscribers worldwide. As a result, Netflix stock jumped more than 8% in after-hours trading today, following the earnings release. Netflix earned 15 cents a share, up 50% ... Read More »

Microsoft will double its AI R&D group in Montreal, donates $6 million to Université de Montréal

Microsoft will double its AI R&D group in Montreal, donates $6 million to Université de Montréal

Microsoft is following its acquisition of Montreal-based Maluuba with additional investment in the city that’s become quite the artificial intelligence hotbed. Microsoft announced in Davos on Wednesday that it will be growing its research and design office there (which is what Maluuba will be, post-acquisition) to double the size over the course of the next two years. Microsoft will provide ... Read More »

Canadian Jeep and Dodge owners suing company; Report

Canadian Jeep and Dodge owners suing company, Report

Canadian purchases of 2014-2016 diesel Jeep Grand Cherokees and Dodge Ram 1500 trucks have launched a class action lawsuit seeking $250 million in damages. The class action alleges that on January 12, 2017, the U.S. Environmental Protection Agency (“EPA”) issued a notice of violation to Fiat Chrysler Automobiles N.V. (“FCA NV”) and to FCA US LLC (“FCA”) for alleged violations ... Read More »

2018 Audi Q8 Concept debuts in Detroit Motor Show (Video)

2018 Audi Q8 Concept debuts in Detroit Motor Show (Video)

THE Audi Q8 concept has been unveiled at the Detroit Motor Show, hinting at a smart-looking, hybrid engined fastback SUV that will one day challenge the Mercedes-Benz GLE Coupe and BMW X6. The concept shares a similar footprint to the current Q7 – it’s over five metres long and has a wheelbase of three metres – but is 40mm lower. ... Read More »

2017 Chevrolet Cruze Hatchback: Smart-driving SUV Alternative (Video)

2017 Chevrolet Cruze Hatchback: Smart-driving SUV Alternative (Video)

Despite its affordable price, the 2017 Chevy Cruze Hatchback doesn’t feel or look like a budget hatchback. Its exterior is attractive, as is its two-toned interior, but beyond its good looks, there’s lots of tech packed inside to help make the Cruze look and feel like a more premium vehicle. The Cruze slots in the middle of Chevrolet’s sedan lineup, ... Read More »

Microsoft Corporation acquires deep learning startup Maluuba

Microsoft Corporation acquires deep learning startup Maluuba

Microsoft today announced it had acquired Maluuba, a Canadian artificial intelligence (AI) and natural language processing technology firm. Financial terms were not disclosed. In a Microsoft blog post, Harry Shum, Executive Vice President of Microsoft’s AI and Research Group said, “Maluuba’s vision is to advance toward a more general artificial intelligence by creating literate machines that can think, reason and ... Read More »

Cadillac launches Book model plan for $1.5K a Month

Cadillac launches Book model plan for $1.5K a Month

If you just really hate driving the same car all the time, but love Cadillacs, you’re in luck. The luxury brand has announced a new service called BOOK. For a flat monthly fee, BOOK by Cadillac gives members access to popular Cadillac vehicles without the commitment of leasing, financing or buying. “BOOK by Cadillac is an innovative new option targeted ... Read More »

Lexus LS 2018: First Impressions and Video

Lexus LS 2018: First Impressions and Video

A flagship has to offer something above and beyond the usual luxury car. And with impressive technology now cascading across all vehicles, premium advances are becoming harder to find. But with its upcoming LS flagship, Lexus believes it has raised the ante in the prestige-sedan segment. Unveiled at the Detroit auto show, the 2018 Lexus LS is a marvel of ... Read More »