HTC says won't consider merger with Asustek
Last week, Asustek Computer Inc (Asus) chairman Johnny Shih in an internal company meeting had suggested that it may be a possibility to buy Taiwan-based smartphones and tablets manufacturer, HTC. However, HTC came out with its own statement on Monday, saying it will not consider a merger with Asus and also pointed out that no formal or informal talks had ever taken place in connection with the said acquisition.
Jun 16, 2015 1:25 AM EDT
China’s top taxi app firm is raising $1.5 billion to battle Uber
In a bid to fight off US-based Uber's expansion plan into Chinese markets, Didi Kuaidi, China's largest taxi app company is raising $1.5 billion. This development come only days after a leaked memo from Uber showed that it is raising $1 billion for its expansion plan.
Virgin America upgrades in-flight entertainment with Dysonic’s '3D sound'
To enhance passengers' in-fight entertainment experience, United States-based airline carrier, Virgin America is introducing its latest version of its "Red system", which works on an Android platform and uses a high resolution multi-touch screen, like today's smartphones. The Android-based entertainment systems also gets more storage capacity, more games, improved maps and surround sound technology from startup Dysonics.
Another Moon Shot Project: Google Launches Sidewalk Labs, Aims for More Livable Cities
The technology giant has formed a New York based company Sidewalk Labs that will foccus on tackling urban issues including cost of living, transportation, energy usage, pollution, greenspace and more.
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Best Reason to Stay Holed Up in a Marriot Hotel: Netflix
Marriott and Netflix have agreed to provide Netflix to the hotel chain's in-room television as a freebie to hotel guests with Netflix accounts.
Jun 15, 2015 8:57 AM EDT
YouTube to launch video gaming site
Google Inc's Youtube on Friday announced a new games-app and website called YouTube Gaming, a place where more than 25,000 games will have their own channels, which will make it simpler for gamers to live streaming content and will make it possible for game fans to watch all the best videos under those channels.
Jun 15, 2015 8:32 AM EDT
Sweden's Starbreeze Invests $1.4M in Mobile Shooter Game Developer Cmune to Bring its Hit Payday Franchise to the Mobile Device Platform
Giant gaming publisher Starbreeze partners up with game shooter specialist Cmune by investing $1.4 million to bring its hit franchise PAYDAY to the mobile device platform.
Jun 15, 2015 2:18 AM EDT
Catalia Health Gets $1.25 Million Seed Funding For Its Healthcare Robot
Catalia Health gained $1.25 million in seed funding from investors such as Khosla Ventures to improve its operations on its robotics that will help treat chronic diseases.
Jun 15, 2015 2:12 AM EDT
Pax Lab Heats Up With $46.7 Million in Series C Funding To Expand and Introduce New Product Lines
Botanical vaporizer manufacturer Pax Labs, recently rounded up funding worth $46.7 million in Series C financing from investors such as Tao Capital, Sand Hill Angels, Fidelity Management & Research Company and Sivia Capital. The funding will be used for international expansion and the manufacturing of new product lines.
Jun 15, 2015 2:04 AM EDT
Foxconn to build Apple iPhone plant in India
In the near future, iPhones as well as iPods and iPads may be manufactured in India. The main manufacturing partner of Apple Inc, Foxconn Technology is said to be in talks with the Indian government in order to build its manufacturing units in western Indian state of Maharashtra.
Jun 13, 2015 12:01 PM EDT
Virgin Group might be buying Spain’s Yoigo; Richard Branson did it again- Best Boss Ever?
Virgin founder Richard Branson is rumored to buy Spain's Yoigo from Swedish company Telia Sonera. However the Swedish firm has not given official statements regarding selling Yoigo.
Jun 13, 2015 11:28 AM EDT
Europol reveals arrest of 49 cyber criminals
Dozens of suspected cyber crime offenders were arrested by the Europol police after a series of investigations were conducted by law enforcement officers from UK and Belgium respectively.
Jun 13, 2015 10:31 AM EDT
Box raises full-year forecast as more customers sign up for cloud storage
Box Inc ( Box.N), the cloud storage provider raised its full-year forecast. Share value of the company increased by 8.7 per cent in the extended trading on Wednesday.
Jun 13, 2015 9:48 AM EDT
Twitter CEO Dick Costolo leaves, turns over leadership to Jack Dorsey amid shareholders complaints of slow company growth
Twitter CEO Richard Costolo will be stepping down in July amid complaints of slow user and advertising growth. Board Chairman and former CEO Jack Dorsey steps in as interim CEO while a committee searches for a permanent company head.
Jun 13, 2015 9:36 AM EDT
Line to make best of untapped streaming music market in Japan
Line, a popular messaging app operator, has launched its music streaming service- 'Line Music' in Japan making a headstart in virtually untapped market of mobile music business.
Jun 13, 2015 9:29 AM EDT
Apple HealthKit Update: Now Featuring Period Tracking and Sexual Activity, Which Experts Claim are Useless
Apple added a new feature in their HealthKit platform, which will be added in the new iOS 9. The app will now include features that can keep track of women's sexual activities and menstrual cycle. This is in response to the criticism that Apple has disregarded women's health issues for a long time.
Jun 13, 2015 7:12 AM EDT
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