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Tech

European antitrust launches in-depth probe on Hutchison's $14 Billion offer for Telefonica's 02

Europe’s top antitrust regulator has opened an “in-depth investigation” on Hong Kong tycoon Li Ka-shing’s CK Hutchison’s acquisition of Telefonica UK’s O2 operations for fear of higher prices and less options for consumers in the country.

Nov 03, 2015 7:48 PM EST

News

Amazon stops selling Apple TV and Chromecast in the battle of TV net devices

Amazon finally stops selling its Fire TV rivals, Apple TV and Google's Chromecast. The decision is following its first announcement earlier last month.

News

Cloud storage startup ClearSky Data gets $27 million in Series B funding

ClearSky Data, a cloud storage startup, was awarded $27 million in investment from a few investors in Round B investment. Besides Akamai, there are other investors investing during the second round investment, among them are General Catalyst and Highland Capital Partner.

Markets

Task force for recreational drone registration convenes

A task force formed by the FAA to recommend rules for registering recreational drones begins a series of meetings this Tuesday. Among members of the task force are representatives from Amazon, Wal-Mart, and Best Buy.

Snapchat introduces another new update

Snapchat is introducing a new set of filters called “Speed Modifiers” for videos shot on both iOS or Android. The new feature let users add slow motion, fast-forward, or rewind effects to a video.

Nov 03, 2015 12:46 AM EST

Google’s new app allows people to know if you’re “down” to hangout

Google has launched a new app called "Who's Down". The app allows the users to find out people who are available to hang out. The app is available for iOS and Android.

Nov 03, 2015 12:28 AM EST

Apple’s new patent will make an iPhone screen shatterproof

Apple Inc. patents its new technology for mobile's screen protector. The technology will protect the device when it falls by releasing "bumpers" as shock absorbers.

Nov 02, 2015 10:20 PM EST

China sees greater shift to internet-based enterprises

There's significant business potential in internet-based business as the higher costs of labor and infrastructure are eroding the profitabilit of tranditional enterprises in China. The vast usage of internet and huge population numbers are luring many businesses to set up shop online.

Nov 02, 2015 9:55 PM EST

Amazon logs off 'Register'; breather to Square

Facing stiff competition and suffering low margins, Amazon has decided to shut down its mobile point-of-sale payement service Amazon Register. This decision has turned out to be a fresh breather for competitors such as Square, which is going public this year. Amazon Register will be logged off in early 2016, while existing merchants are allowed to use it till 1 February 2016.

Nov 02, 2015 9:32 PM EST

Cross-border technology sharing with Chinese firms worries US defense experts

US technology giants such as IBM, Microsoft, Dell and Cisco are working closely with Chinese companies considering the vast business potential in the world's second largest economy. Taking advantage of technology access to the US companies, Chinsese companies are becoming self-sufficient in developing technology applications in turn pushing military research and operations capability. This may signal threat to US national security, alert US defence experts.

Nov 02, 2015 9:22 PM EST

TalkTalk hacked details sold in black market for just over a pound each

The 20,000 customer financial information of TalkTalk recently hacked are now being sold online for a very cheap price.

Nov 02, 2015 8:56 PM EST

EdTech and MOOC Will Change College Degree

Online courses companies known as EdTech have gained benefit from the changing job market. Their next disruption created by EdTech is in college degree, which will seize to become the exclusive credential in job market.

Nov 02, 2015 8:36 PM EST

Vodafone admits hackers gained access to almost 2,000 customer accounts

Vodafone announced that hackers gained access to 1,827 accounts that belong to its customers. Vodafone admitted Saturday that hackers gained access to almost 2,000 accounts that belong to its customers.

Nov 02, 2015 10:18 AM EST

Electrolux AB down after US Justice Department's refusal

Electrolux AB fell in the US trading after the US Justice Department rejected a proposal to resolve the Swedish company’s antitrust lawsuit that would block the $3.3 billion acquisition of General Electric’s household-appliance business.

Nov 02, 2015 3:54 AM EST

Smartphones outpace PCs among US adults: Pew study

The latest study done by Pew Research Center shows that computer ownership among people under 30 is fast dropping, while smartphone ownership is increasing. Almost one-third of US adults own a smartphone, 45 percent own tablets, 40 percent own consoles and 14 percent own portable consoles.

Nov 02, 2015 3:17 AM EST

SolarCity reported $114 Million in Q3 2015 Earnings, beating analyst $111 million forecast

SolarCity beats analysts’ expectations announcing a $144 million increase in revenue in the third quarter of this year, as analysts only projected $111 million.

Nov 01, 2015 10:05 PM EST