Microsoft: Under the License Agreement, Samsung agreed to make patent royalty payment to Microsoft for a period of seven fiscal years, in exchange for the right to use patented Microsoft technology in Samsung smartphones and tablets that use the Android operating system.
Category: Business
Microsoft’s global workforce comprises of 29% women
Microsoft’s latest diversity statistics announced on Friday reveal women workforce number serving the company has increased to some extent, but there’s still much work to be done. According to new figures women…
Facebook-WhatsApp acquisition finally gets EU approval
Facebook’s acquisition of popular messaging app WhatsApp, claimed to be as one of the biggest acquisition in the tech world till date, has finally received approval by European Union regulators. Explaining the…
eBay and PayPal finally decide to split
eBay’s President and CEO John Donahoe: eBay and PayPal will be sharper and stronger, and more focused and competitive as leading, standalone companies in their respective markets.
Satya Nadella promises co-operation in Chinese anti-trust investigation
Microsoft: The company is “serious about complying with China’s laws and committed to addressing SAIC’s questions and concerns.”
Microsoft’s first retail store in Manhattan to open this holiday season
677 Fifth Avenue will be the exact location, which is just five blocks south of the Apple store in Manhattan.
Oracle to open 2 new data centres in Frankfurt & Munich
The two new facilities will go live in the next few weeks and will be completely operational before the end of the year.
Lenovo’s acquisition of IBM’s x86 server to close this Wednesday
The final deal price of the acquisition slated to close this Wednesday – $2.1 billion – is lower than the $2.3 billion announced earlier in January.
Amazon completes £595m Twitch acquisition
Amazon’s acquisition of Twitch for £595m announced last month has finally been completed. The closure of the deal was revealed in a filing with the Securities and Exchange Commission this week which…
BlackBerry posts ‘better than expected’ second quarter results
Canadian smartphone maker BlackBerry on Friday reported ‘better than expected’ loss result for the second quarter ending August 31 just days after launching a new enterprise dedicated smartphone dubbed ‘Passport’. The Waterloo…
Tizen update: Samsung redistributes 500 mobile engineers to other departments
Having tried to develop a competitor for Android and christening it as Tizen, Samsung is yet to commercially release a smartphone powered by the OS. It seems that the company is gearing…
Phones 4U iPhone 6 customers left in the lurch; no refunds, no iPhone 6
There is bad news for customers who have ordered iPhone 6 and iPhone 6 Plus from Phones 4U. Not only will they not get the phones but also the upfront money they…
Intel announces $1.5 billion investment in 2 Chinese chipmakers
Chip maker Intel on Friday announced it is investing nearly $1.5 billion for a 20 percent stake in Beijing-based Tsinghua Unigroup which owns Chinese chipmakers Spreadtrum Communications and RDA Microelectronics. Through the…
Microsoft announces price cut for Azure services
Microsoft on Thursday announced it has slashed prices of a range of Azure services, with new prices to be effective from October 1. According to Microsoft’s announcement, a total of 61 Azure…
Amazon secretive Lab126 division eyeing smart home products, new report claims
Recent reports suggest Amazon’s secretive Lab126 division is in need of some additional hands as it is working on developing new innovative smart-home gadgets. According to a Reuters report, which cited a…