Business
Expedia CEO Dara Khosrowshahi is now the new chief executive of Uber
Uber has a new CEO, finally, in the form of Dara Khosrowshahi. This was revealed by the Uber board to its employees while…
Business
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Google owes up ad frauds over its platform, issues refunds
Google has said it is in the process of issuing refunds to all those who had booked ad slots on its sites but…
Business
HTC VR division is up for sale, or maybe even the entire company
HTC is believed to be toying with the idea of selling off its entire Vive virtual reality headset division to infuse some much-needed…
Business
Uber in deeper mess following Benchmark’s suing of co-founder and ex-CEO Travis Kalanick
Uber co-founder and ousted CEO, Travis Kalanick now has more trouble on his platter following the recent filing of a lawsuit against him…
Business
Facebook beats estimates to record $9.32B revenue on the back of increasing ad sales
Facebook is on a roll and the company’s Q2 earnings call is ample proof of that. Revenue rose to $9.32 billion, buoyed by…
Business
Apple to pay $506m to UW for infringing chip efficiency patent
Apple has been ordered by a US judge to pay $506 million to the Wisconsin Alumni Research Foundation for infringing on a patent…
Business
Trump reveals Apple’s plans to set up three plants in the US
Apple has drawn up ambitious plans to set up three manufacturing plants in the US in future. The revelation to this effect, however,…
Business
Grab just turned Uber’s South-East Asian plans more challenging post a fresh $2.5b funding
Grab has just extended its lead over rival Uber in the ride-hailing service segment in South-East Asian market thanks to a fresh round…
Business
Microsoft to announce job cuts in coming weeks to focus on cloud business
Times are changing at Microsoft though it seems there will be fewer staff to celebrate the change. For according to the latest reports…
Business
Snapchat’s latest acquisition, Zenly helped shape its newest feature, Snap Map
Snapchat quietly acquired the social mapping application Zenly in a deal that is estimated to be worth anywhere between $250 million and $350…
Business
Alphabet yields controls of Boston Dynamics to Japan’s Soft Bank
Japan’s Soft Bank are the new owners of Boston Dynamics. Google’s parent company Alphabet announced having sealed the deal with the Japanese technology…
Business
Nokia and Apple make peace after their brief but intense patent dispute
After the initial battle by Apple and Nokia, the doves are now out with both sides having reached an amicable settlement in their…
Business
Google’s acquisition of Owlchemy Labs will further add impetus to its VR dreams
Google today announced it has acquired Owlchemy Labs, the VR game studio that has such titles to its credit as Job Simulator and…
Business
Apple acquires Beddit to ensure its Apple Watch shapes into a better sleep activity monitor
Apple has emerged as the new owners of the Finnish sleep tracking firm Beddit. The move is aimed at bolstering Apple’s body tracking…
Business
Snapchat continues to tumble as growth remains elusive
Snapchat’s falling growth rate has been an area of concern for some time now though the figures are back to haunt the company…
Business
Qualcomm seeking an ITC band on imports of the iPhone in the US
No matter how audacious it might sound but that is exactly what Qualcomm has sought the International Trade Commission to do, banning Apple…
Business
Oculus shuts down Story Studio that produced Henry
Oculus announced it is downing shutters on its Story Studio division, the same unit within the company that produced the Emmy award winning…
Business
Facebook to hire more to keep tab on video content
Facebook announced they are in the process of hiring 3,000 more who would be part of the community team tasked with monitoring the…