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Articles by Staff Writer

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Spotify Raises $526 Million in Face Off with Apple

To counter Apple Inc's new Apple Music subscription service, Spotify, the current leader in the music-streaming business organised a new round of funding from investors on Tuesday. Spotify market value rose to $8.53 billion after collecting $526 million from the latest round of funding from a wide range of global investors

Jun 12, 2015 9:21 AM EDT

BMW's new 7 Series is the luxury car of the future, here today

German automaker BMW on Wednesday unveiled its latest version of its 7 Series at its global headquarters in Munich. The BMW 7 Series is top of the line luxury sedan and it is a status symbol, especially in European countries.

Jun 12, 2015 9:04 AM EDT

Brit+Co is first beneficiary of Intel Capital's $125 million diversity fund

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 8:43 AM EDT

Intel Capital allocates $125 million to fund firms with women and minorities in top roles

Intel Capital, the venture capital arm of the global chip maker- Intel Corp., on Tuesday announced to allocate $125 million fund to back companies with women and minorities in leadership roles. This comes after its pledge in January to spend $300 million over the next five years to promote diversity in the company.

Jun 12, 2015 8:34 AM EDT

Metal performance for Apple's desktop OS - X 10.11: EI Capitan

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 9:47 AM EDT

Twitter follows you and the apps you've downloaded for better ad targetting

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 9:27 AM EDT

Facebook’s Messenger Gets Its First Game

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 1:10 AM EDT

New Xbox One Matte Black Console Offers 1TB Of Storage

Microsoft corp will be showing off its latest offerings at the Xbox E3 show next week. But even before the show starts, the company yesterday unveiled Xbox One console, with a new matte finish and 1TB of on-board storage space.

Jun 11, 2015 12:54 AM EDT

eBay brings its online marketplace to Apple Watch

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

Facebook Messenger hits 1 billion downloads on Android

Facebook Messenger app has surpassed the 1 billion download mark via Google Play store. Google apps are the only other apps to surpass this mark.

Jun 11, 2015 12:19 AM EDT

BigCommerce Hires Former Paypal Europe CEO

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

Sony aims for more clients, 20 percent sales growth in image sensors

Sony wants to expand its market for image sensors beyond Apple, Samsung and others smartphone brands. Sony is aiming at a 20 percent growth in image sensors.

Jun 10, 2015 11:15 PM EDT

Apple introduces iOS 9; to excite users and takes on Android, Google Now and others

Apple introduced its latest version of its operating system- the iOS 9. This version will come into iPhone and iPad this fall.

Jun 10, 2015 10:55 PM EDT

New Xprize contest to give out $7 million for mobile apps promoting adult literacy

The new Xprize challenge will award $7 million for mobile apps developers who can best address adult literacy concerns. The competition is jointly presented by the Barbara Bush Foundation and the Dollar General Literacy Foundation.

Jun 10, 2015 4:44 AM EDT

Electroloom spins clothing from liquid; A 3D printer for fabric

HAX-alumnus Electroloom is doing this right now; it is building a 3D printer for fabrics. The company's 3D printer is creating clothes without seams by spraying liquid containing a polyester and cotton blend on to molds.

Jun 10, 2015 1:56 AM EDT

T-Mobile and Dish merger talks not supported by major shareholder Deutsche Telekom

Reported merger talks between T-Mobile US and Dish Satellite Television Network is reportedly not favored by the wireless carrier's major shareholder, Deutsche Telekom. DT's chief Timotheus Höttges has spoken out against a union with Dish and instead pushes for a Sprint merger.

Jun 09, 2015 11:14 PM EDT

LINE launches Popcorn Buzz app that Allows Free Group Calls to 200 People

LINE corporation recently released Popcorn Buzz, a new app that allows group calls to 200 people for free.

Jun 09, 2015 10:55 PM EDT

Apple introduces split-screen multitasking feature in iPad

Making iPad a more functional device for business productivity, Apple on Tuesday launched a split- screen real multitasking app that allows users to run two app side-by-side.

Jun 09, 2015 10:41 PM EDT

Comscore’s says Apple top smartphone OEM, but Android still top platform In U.S.

In the US, Apple Inc is the leading smartphone manufacturer in the OEM market, followed by Samsung, LG, Motorola and HTC, according to a report released by internet analytics firm comScore. The period between January and April of this year shows Apple Inc's OEM market share rose from 41.3 percent to 43.1 percent.

Jun 09, 2015 9:07 AM EDT

In the race for speed, Apple said to build its own data network

Apple Inc is gearing up to build its own high-speed network to push its ever-growing content - music, videos, and others- to users without the slightest delay via the cloud; aimed at competing with Google Inc, Microsoft Corp and Amazon.com

Jun 09, 2015 8:48 AM EDT

Ellen Pao wants Kleiner Perkins to pay $2.7 million as settlement

Ellen Pao is willing to forgo an appeal for a sum of $2.7 million, which is most likely to prolong this three-year-old case. Pao originally demanded for $16 million as damages but jury ruled against her..

Jun 09, 2015 4:51 AM EDT

Angry Birds maker Rovio partners with toymaker Lego

Finnish video game developer Rovio to partner with Danish toymaker Lego to develop a line of Angry Birds themed construction toys. The company's announcement comes just months after Rovio's 2014 earnings fell by 73 percent due to a sharp dip in licensing the Angry Birds brand on toys, clothing and sweets.

Jun 09, 2015 2:02 AM EDT

Apple to launch Apple Pay in Britain

Apple to introduce its new payment system in UK this summer. Apple is likely to make the formal announcement on Monday at its annual conference for developers in San Francisco.

Jun 09, 2015 1:40 AM EDT

Oct 25 NFL Game Will Stream Live on Yahoo sites for FREE

Yahoo and NFL team up to broadcast a free live-streaming on NFL's Oct 25 football game. Great news for NFL fans worldwide as Yahoo and NFL team up for the first time to provide "Free Live-Stream" on the National Football League's regular season game.

Jun 08, 2015 11:42 AM EDT

Boeing just patented a drone that can fly forever

The US Patent and Trademark Office has granted Boeing patent rights for its midair refueling system designed for drones. Theoretically speaking, with Boeing's drone refueling system, drones will fly forever without landing. In actuality, however, the drones will have to land periodically for maintenance.

Jun 08, 2015 11:37 AM EDT

AOL Rebrands and Comes Up With a New Look To Optimize Mobile Experience

AOL recently redesigned its website and boasts of a personalized approach as site users, targets mobile users.

Jun 08, 2015 11:31 AM EDT

IHeartRadio hits top of charts with 70 million registered users

Streaming music service IHeartRadio announces it has surpassed 70 million registered users. It claims to be growing faster than Facebook, or any other digital radio service.

Jun 08, 2015 10:51 AM EDT

Deutsche Bank 2015 investment plans include tech labs in Silicon Valley, Berlin and London

Deutsche Bank hopes to invest in three "fin-tech" companies before the end of the year. Germany's biggest lending firm, Deutsche Bank is aiming to have three tech labs this year with locations in Berlin, London and Silicon Valley.

Jun 08, 2015 10:25 AM EDT

Drought season coming in fast; Are firefighters ready to face epic fire blazes?

Fire blazes continue to endanger the lives of firefighters each year, that’s why they undergo tough training regularly, including jumping out of an airplane and parachuting into parched bushes as well as other hard exercises that come with the job of being a firefighter.

Jun 08, 2015 10:19 AM EDT

Worldpay set to hire six banks for its £6bn London float

Worldpay, a payment processing company, is set to hire 6 banks to help it seek a £6 billion ($9.22 billion) valuation at the London Stock Exchange listing. The £6 billion ($9.22 billion) valuation could make it the largest initial public offering (IPO) in the UK this year.

Jun 08, 2015 5:12 AM EDT

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