Microsoft is planning for a chain launch of number of affordable smartphones powered by Windows Phone 8.1, starting with Lumia 630, to increase its share in the affordable segment of the smartphone…
Category: Business
Virgin Media and Sky pen a 5-year channel deal
Virgin Media has renewed its deal with Sky for another five years, retaining its right to distribute Sky’s entertainment content.
Qualcomm to shell out $300M for Wilocity
Qualcomm is in advanced talks to acquire Israeli chipmaker Wilocity for around $300 million, claims a new report. According to financial news site TheMarker, both the companies are in the discussions of…
Nike lays off majority of FuelBand team as it mulls exit from wearable hardware market
Nike has reportedly fired majority of FuelBand team as it is cutting down on its wearable hardware efforts to focus on fitness and sports software offerings. CNET was the first to report…
Pandora faces lawsuit over pre-1972 recordings usage
Music streaming service, Pandora, has been sued by some of the major U.S. music companies for failing to pay royalties for the use of recordings made before 1972. The lawsuit seeks unspecified…
AMD beats Q1 earnings targets, but reports net loss of $20 million
Advanced Micro Devices (AMD) on Thursday announced the financial results for the first quarter of 2014 to have exceeded expectations, reporting a strong revenue growth of 28 percent year-over-year, but reported a…
Dropbox bags startups Loom and Hackpad
Days after revealing its first photo sharing app Carousel, Dropbox has announced the acquisition of Loom, a cloud photo-sharing service, popular among the iOS users. Also joining Dropbox is the Hackpad, a…
Google’s first-quarter profits miss the mark
Google announced its first quarter revenues on Wednesday which were below Wall Street’s expectations eventually disappointing shareholders and a fall in share price by 5.85 percent after the market closed for the…
Yahoo keen to replace Google on Apple devices?
Latest report claims that Yahoo’s Chief Executive Marissa Mayer is trying to persuade Apple to ditch Google for Yahoo as the default search engine on iOS devices. According to the Re/code report,…
GAME shuttering its London Xbox store by April end
GAME is reportedly shuttering its Xbox store in London after just 10 months claiming that it was a short-term experiment that yielded great results. In a statement to MCV Dave Howard, GAME…
Bitcoin exchange Mt Gox mulls liquidation
Mt Gox, once the biggest Bitcoin exchange, said on Wednesday that it is most likely to be liquidated, following the denial of bankruptcy protection by a Tokyo court. Earlier this year, the…
Intel’s PC market steadies; mobile-tablet market falters
Intel on Tuesday announced a profit decline by 4.8 percent in Q1, amid some improvement in the PC market. The chip maker reported revenue of $12.8 billion and net income of $1.9…
Sky, TalkTalk and CityFibre team up to bring UK’s fastest broadband to York
Two of UK’s leading broadband providers, Sky and TalkTalk, have come together to build their own fibre network and deliver 1,000Mbps (1Gbps) broadband to the City of York. The two firms are…
Twitter buys its long-term data partner Gnip
Twitter on Tuesday announced that it has acquired Colorado based social data provider start-up Gnip, with which it has been working closely for years. The company is yet to disclose the financial…
US Federal Judge rejects Apple’s plea to drop e-book antitrust case
Apple’s appeal to dismiss a lawsuit that accused the iPad maker of alleged e-book price fixing conspiracy was denied by a federal judge on Tuesday. The damages portion of the trial will…