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

While Apple Inc was busy unveiling is online music service, Attorneys general of New York and Connnecticut were quietly investigating whether the deals brokered between Apple and music labels had violated antitrust laws.

Jun 12, 2015 10:13 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

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 09:21 AM EDT

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 09:04 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

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 08:34 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

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

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 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 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