In an email to Microsoft employees, the company’s new CEO Satya Nadella announced his decision of appointing former advisor to President Bill Clinton, Mark Penn to the newly created role of chief…
Category: Business
Facebook in acquisition talks with Drone maker Titan Aerospace
Social networking giant, Facebook, is said to be in acquisition talks with Titan Aerospace, a Texas based solar powered drone manufacturing company, with an aim of using its high-altitude autonomous aircraft to…
Apple announces CFO Peter Oppenheimer’s September retirement
Apple on Tuesday announced that Peter Oppenheimer, the company’s senior vice president and chief financial officer, will retire at the end of September handing over the reins to the company’s current vice…
PlayStation 4 hits 6 million units sold milestone
Sony announced today that the PlayStation 4 global sales have surpassed 6 million units, in less than four months from the November 15 launch. PS4 is available in 57 countries around the world….
Samsung, Google want Chinese regulators to limit Microsoft, Nokia deal
Samsung and Google have voiced concerns with the Chinese regulators over impending Microsoft, Nokia deal, a new report claims. According to Bloomberg Samsung and Google have joined local vendors in China to…
Major management reshuffle hits Microsoft
Microsoft under the leadership of its newly elected CEO Satya Nadella is facing a major management reshuffle as two of its Vice presidents Tony Bates and Tami Reller are preparing their departure…
Mt Gox call center to answer customers’ queries
Bitcoin exchange Mt Gox announced that it has set up a hotline in Japan, that will go live on March 3, and will be active from 10am to 5pm (Japan time), Monday…
Windows Phone will be the fastest-growing mobile operating system says IDC
IDC revealed in its latest report that smartphone shipments are likely to decline in 2014, but also says that Windows Phone will be the fastest-growing mobile operating platform with a 29.5% annual…
Box hires former Symantec CEO as a special advisor
Box, one of the fastest growing cloud storage firms, has announced it is hiring former Symantec CEO Enrique Salem as a special advisor to help create a new cloud security model. Aaron…
Monster buys recruiting startups TalentBin, Gozaik
Monster Worldwide, the global job recruitment leader, on Tuesday announced acquisition of two startups including social profile talent search engine, TalentBin, and social jobs aggregation and distribution technology developer firm, Gozaik LLC….
Stephen Elop to head Microsoft Devices and Studios business
According to an internal Microsoft memo, Stephen Elop, former Nokia head, will be replacing Julie Larson-Green as the head of Microsoft’s Devices and Studios business. Elop will be heading the software giant’s…
British Airways bags top brand title as tech giants slip
British Airways has managed to beat more than 1,500 companies to become the first travel company ever to have topped 2014 Superbrands survey. According to the Superbrands panel, BA’s success can partly…
Are WhatsApp users defecting to Telegram, Threema, other messaging apps?
Acquisitions are a common thing in the technology world, but there are few that really raise brows and there are even fewer of those which attract regular user attention. One such acquisition…
Google acquires Spider.io to reinforce its online ad fraud defence
Google has acquired Spider.io, a London based start-up, known for its work in exposing cyber threats targeting digital marketing business. The deal will be formally announced sometime today, but signs of the…
Facebook shells out $19 billion to acquire WhatsApp
Facebook announced the purchase of WhatsApp, the mobile messaging service in a $19 billion deal, the biggest acquisition of Facebook till date. As we revealed earlier in the day, the transaction involves…