Google shareholders dismiss ISS recommendations to withhold vote as all director-candidates got re-elected
Despite ISS warnings, Google sharehoders reelected all eleven board of directors in its annual stockholders meeting held on 3 June. ISS warned investors against voting for John Doerr, Paul Otellini, and Ram Shriram in connection with executive pay awarded to Executive Chairman Eric Schmidt and Chief Business Officer Omid Kordestani.
Jun 07, 2015 5:57 AM EDT
Apple recalls Beats Pill XL speakers over battery fire safety risks
Apple is recalling Beats Pill XL speakers over battery overheating. Apple has announced a refund to owners. The recall does not affect any other Beats or Apple products.
Deutsche Bank teams up with Microsoft, HCL, IBM allotting up to $1.11B for upgrades
Deutsche Bank is with Microsoft, HCL and IBM for the next 5 years for tech revamp project. US companies have alloted $316 billion for R&D since November 2014.
Alibaba to invest in China Business Network to expand finance services
Alibaba Group Holding has decided to buy stakes worth more than 1 billion yuan ($161 million) in financial media outlet China Business Network (CBN). CBN is part of Shanghai Media Group (SMG).
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Samsung Galaxy S7 and S7 Edge Concept Images Released;Curved Screen Bezel-less Mobile Design Released
Artist concepts for the Samsung Galaxy S7 and S7 Edge are floating around tech circles and public sites with still a year away from an actual release of the South Korean company smartphones. The concept designs suggest the use of the curved screen design with virtually bezel-less edges.
Jun 06, 2015 11:22 PM EDT
“I have aged 30 years in these last 30 days”: Sheryl Sandberg, Facebook’s COO, mourns husband’s death; Writes a touching, emotional post in Dave’s honor
30 days after her husband Dave’s death, Facebook COO Sheryl Sandberg still mourns his passing. Her grief and loss are such that Sheryl says that she has aged “30 years” during the 30-day mourning period.
Jun 05, 2015 2:23 AM EDT
Paris Climate Summit & UN talks push through in December 2015
Paris Climate Summit will push through as scheduled this year with environmentalist groups hoping that a low-carbon economy program would finally fall into place, as UN talks focus on global warming issues.
Jun 04, 2015 11:19 PM EDT
Google demands studio firms to comply to summons
The search engine company, Google appealed to the New York federal judge to enforce a summon issued against the movie companies. Google accuses studio firms of conspiring with Mississippi AG against it.
Jun 04, 2015 10:39 PM EDT
Accor changes name, steps up digital push to fight online travel agents
In a bid to fight back against online travel agents and to open its own online travel booking services to independent hoteliers, French hotel group Accor will be spending 22 million euros. The hotel has changed its name to AccorHotels.
Jun 04, 2015 10:45 AM EDT
SoundHound Challenges Siri with New Hound Voice Search App and Developer Platform
GroundHound quickly became a top competitor against voice recognition apps such as Siri. Cortana, and Google Voice, with its new hound voice search app and developer platform app.
Jun 04, 2015 9:58 AM EDT
Samsung delays mobile payment service, expands it to China and Europe
Samsung Electronics announced on Wednesday it will be including China and Europe for the Samsung Pay service. But the company's initial decision to launch Samsung Pay in South Korea and the United States has been put off till September.
Jun 04, 2015 9:36 AM EDT
NASA supersonic saucer on second test stage in prep for human missions to Mars, take off was postponed twice due to Harsh Ocean Conditions
NASA will be testing of their Low-Density Supersonic Decelerator (LDSD) by lifting it 120,000 feet above the ground at Hawaii. The NASA flying saucer-like spacecraft will splash on the waters of the Pacific, which is why the flight was postponed twice die to bad ocean condition. This exercise is done for future human missions to Mars.
Jun 04, 2015 9:29 AM EDT
6.1 billion smartphone users worldwide by 2020: report
In 5 years time, the total number of smartphone users will rise to 6.1 billion. At present there are 2.6 billion smartphone users. And by 2020, total mobile users will touch 9.2 billion.
Jun 04, 2015 9:19 AM EDT
Amazon's Fire TV Powers Up With GameFly Streaming
Amazon launches GameFly along with its Fire TV app. This new feature will bring game streaming to the tech giant's cheap set-top box. This is something that its competitors don't offer. It will be at $6.99 a month with 6 games, and $9.99 for 16 games.
Jun 04, 2015 8:58 AM EDT
Urbanspoon finally ends its service as Zomato rises in the market
Zomato is an Indian startup business that provides restaurant directories from different places. For the first time in U.S, an Indian company invested a big amount by purchasing Urbanspoon owned by IAC.
Jun 04, 2015 8:19 AM EDT
South Korea Counters North Korean Missile Test Last Month With Sanctioned Missile Launched
South Korea succesfully launched their own ballistic missile test last Wednesday as a show of arms to it neighboring bully, North Korea.
Jun 04, 2015 8:16 AM EDT
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