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 09:36 AM EDT

Oculus on Thursday unveiled its virtual reality headset, Rift, at a press event in San Francisco. The Rift which is said to bring about a vast change in how you play your games today, will be shipped with wireless Xbox One controller. The Oculus Rift will be available to consumer by first quarter of 2016.

Jun 12, 2015 09:51 AM EDT

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 07:12 AM EDT

Former Qualcomm China president Frank Meng is returning to head the company operations of the troubled U.S. chipmaker. Former head Wang Xiang exits to join smartphone maker Xiaomi.

Jun 13, 2015 06:54 AM EDT

Roomi is a free mobile app that makes searching for roommates and housing in New York easier and faster. They recently launched the app June 9 with a seed fund of $2 million led by DCM ventures.

Jun 13, 2015 03:10 AM EDT

Brit+Co confirmed the company raised $20 million from Intel Capital, and as its first acquisition brought user-generated DIY app Snapguide to add more media to its platform.

Jun 12, 2015 08:43 AM EDT

Among the slew of product and services launched at Worldwide Developer Conference, Apple also introduced its latest version of desktop operating system- OS X 10.11 EI Capitan.

Jun 11, 2015 09:47 AM EDT

Twitter on Wednesday unveiled a new tool called "installed app category targeting", which gives advertisers an edge when it comes to catering ads to users on the micro-blogging site. With the new feature, marketers can target their ads to Twitter users based on the category of the app and how recently the app was downloaded onto your phones.

Jun 11, 2015 09:27 AM EDT

Facebook's Messenger is expanding it chat platform to game developers. And it begins with Doodle Draw. The game is simple: it suggests a word, and you draw it and share it publicly or privately amongst friends on Facebook or Messenger.

Jun 11, 2015 01:10 AM EDT

Ecommerce giant eBay sees smartwatches becoming an integral part of our everyday lives, which is why its has come out with Apple Watch app that will provide users quick access to its online market.

Jun 11, 2015 12:31 AM EDT

Bigcommerce recently announced the appointment of Brent Bellm as its new CEO. Bellm used to be Paypal's CEO for Europe and formerly Homeway's COO as well.

Jun 11, 2015 12:02 AM EDT