Amazon is testing a new feature called Stream
The new feature, called Amazon Stream, is in its testing mode. No official announcement regarding the the new feature has been made by Amazon.
Jun 02, 2015 9:55 AM EDT
Qunar raises $500m, turns down Ctrip acquisition offer
Qunar secures 500 million investment from Silver Lake for $330 million, while $170 million will come from an undisclosed investor. The investment will be used in expanding mobile presence, growing business lines, and enhancing technology.
Nvidia targets $1 billion revenue from cloud computing in 3 years
Nvidia revenue from cloud computing will hit the $1 billion mark within the next two to three years. The company claims that the increase in revenue will be due to increasing demand for big data analysis, which will then drive growth for its graphics chips. Shares of the company went up 1% to $22.35 in early market trading on Monday.
Airbus Group lands at Silicon Valley to set up innovation center and VC fund
The European plane maker announced to start new technology innovation center in Silicon Valley. This new venture worth $150 through venture capital fund group- Airbus Venture Group, is being looked as a move to woo potential technology partners.
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NetaApp CEO Tom Georgens Steps Down: Executive VP George Kurian Steps Up As CEO; Netapp Rumored to Cut About 500 Jobs?
CEO Tom Georgens left his job, and NetApp gives his position to Executive Vice-President of Product Operations George Kurian. The company is also cutting 500 jobs.
Jun 02, 2015 5:29 AM EDT
Lema21 and EÓtica merger likely to boost Brazil’s $26 billion eyewear industry
Two of the largest venture-backed players in the Brazilian multibillion dollar eyewear industry have merged their business.
Jun 02, 2015 5:02 AM EDT
Jolla Promotes Sailfish OS to BRICS Countries to Counter Android and iOS
Jolla promotes it flagship independent OS Sailfish to the BRICS countries starting in South Africa. The Finnish developer Jolla announced an extension of its strategy to the BRICS countries to promote its flagship operating system Sailfish.
Jun 02, 2015 3:49 AM EDT
Credit Suisse names Cameron Lester head of Internet Banking
Credit Suisse appoints Cameron Lester as head of the global internet banking division. Lester will be replacing Imran Khan who left the firm in December.
Jun 02, 2015 3:07 AM EDT
IHOP Logo undergoes facelift after 2 decades
IHOP decided to have a logo facelift. The brand is commited to giving a service with a smile. IHOP Restaurant has undergone a welcome facelift for the first time in two decades.
Jun 02, 2015 1:53 AM EDT
Avago to buy Broadcom for $37 billion; Deal deemed to be the largest acquisition in technology this year
Avago Technologies Ltd to buy Broadcom Corp for $37 billion. The purchase of Broadcom by Avago is second largest deal this year. Broadcom connectivity chips are used widely in smartphones made by Apple Inc and Samsung Electronics
Jun 01, 2015 10:15 AM EDT
FCC’s Tom Wheeler Plans Broadband Internet Access for Low-Income Americans
Federal Communications Commission’s Tom Wheeler proposed a plan on Thursday to offer subsidized broadband internet access to low-income users. Read to find out more.
Jun 01, 2015 8:54 AM EDT
GeForce GTX 980 Ti: Nvidia's New Flagship For The Gaming World
Nvidia introduces its new graphics card called GeForce GTX Ti for better 4K graphics for gamers. Nvidia recently released a new and improved graphic card called the GeForce GTX 980 Ti shortly after the release of its previous version, GeForce GTX Titan X.
Jun 01, 2015 8:27 AM EDT
3SBIO Inc offers $712 Million IPO after NASDAQ delisting
Giant Chinese pharmaceutical company 3SBio launched up to $712 Hong Kong initial public offering for a total of 606.1 million shares at HK$8.30 to HK9.10 a share even after being recently delisted from Nasdaq.
Jun 01, 2015 7:58 AM EDT
Intel in talks to acquire Altera
Chipmaker Intel is set to buy Altera for $10 billion. The deal would add about $2 billion to Intel's annual revenue.
Jun 01, 2015 5:03 AM EDT
Apple Pay may soon come to Target stores
Target CEO Brian Cornell speaking at the code conference said he would like to offer customers the option of Apple Pay but first wants to introduce secure chip-and-PIN card payment system at all Target outlets.
Jun 01, 2015 4:34 AM EDT
The Equinix and Telecity Deal: Global Data Domination Starts in Europe
American data center operator Equinix Inc. acquires European data center Telecity Group plc for a $3.6 billion deal. The deal puts Equinix’s plan of global domination in motion as other European data operators brace themselves for a bigger and meaner completion in the face of the merger.
Jun 01, 2015 3:24 AM EDT
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