Online retailer Amazon on Monday announced it is acquiring online comedy service Rooftop Media for an undisclosed price. According to reports, the deal will see the San Francisco-based company joining the Internet…
Category: Business
Twitpic archive gets new life thanks to Twitter
Image and video sharing website Twitpic on Saturday announced it has inked a deal with Twitter that will see the failed image-sharing website handing over its domain and photo archive to Twitter….
Chromebook shipments surge 67% in quarter ending September
Shipments of Google-centric Chromebook laptops rose 67 percent during the last quarter as consumers switched away from traditional desktop and laptop computers in favor of something easier to use, new report claims….
Apple should increase wages, reduce buybacks – Ralph Nader
Political activist Ralph Nader, in an open letter sent to Apple CEO Tim Cook, on Thursday, has urged the Cupertino to reduce its spending on corporate buybacks and spend the same to…
Microsoft’s cash cows: Office 365, Lumia smartphones, Surface tablets
Microsoft on Thursday announced better than expected September ending quarter results boosted by stronger phone, Surface tablets and cloud-computing products sales. Redmond reported revenue of $23.2 billion (£14.5bn), an increase of 25…
Sundar Pichai gets additional responsibility; to lead Google products, services
As part of a major executive reshuffle, Google’s Sundar Pichai has been elevated to lead even more of the company’s core products. According to the Recode report, citing an internal memo and…
Microsoft Lumia brand name unveiled; Nokia Lumia branding culled
Microsoft has finally made it official that there Nokia Lumia branding will not be used for future devices, but instead will have Microsoft Lumia brand name on smartphones The move, if not…
Lenovo reportedly eyeing BlackBerry to strengthen its mobile business
Just as BlackBerry is gradually recovering its mobile business with new launches, new rumours claim that Lenovo has made an offer to BlackBerry for acquisition for up to $15 per share, which…
Apple, GTAT to part ways amicably; Arizona sapphire plant set for closure
Tech giants Apple and GT Advanced Technologies have reportedly inked an agreement on confidentiality deals on Tuesday. According to reports GT Advanced, as part of the deal, will begin selling more than…
First Apple-IBM products to roll out next month
Tech giants Apple and IBM are expected to roll out the first batch of products from their mobile enterprise partnership sometime next month, new report claims. Apple and IBM had announced in…
EE planning to axe 350 administrative jobs
UK mobile operator EE is considering to axe around 350 administrative jobs as part of a revamping plan that will see a significant reduction in corporate positions at the mobile network. According…
BT on a recruitment spree; announces 500 vacancies
After a major recruiting drive in May this year, BT’s Openreach, responsible for the building and maintenance of BT’s networks, has announced that it has openings for 500 engineers. The announcement was…
Satya Nadella: men and women at Microsoft are equally paid
India-born Microsoft CEO Satya Nadella, who was recently criticized over his remarks that suggested women should not ask for a raise but should rather trust the system to pay them well, on…
Apple delists Bose products from its stores
Apple has delisted Bose audio products including Bose headphones and speakers from its retail and online stores. It was two months after the Cupertino announced its $3 billion Beats acquisition deal earlier…
IBM to pay Globalfoundries $1.5 billion for chip manufacturing unit transfer deal
International Business Machines Corp (IBM) is rumored to have inked a deal with contract-chipmaker Globalfoundries Inc which will see the latter taking over Big Blue’s loss-making chip manufacturing unit. According to the…