Tickets worth £1282 ($2,095) each for Microsoft’s Build 2014 Developer April Conference were sold out completely in mere 31 hours. The conference tickets went on sale on Tuesday morning at around 9…
Category: Business
Nintendo expects loss for current financial year; cuts Wii U sales forecast by 69%
Gaming console maker, Nintendo, says it expects the company’s operating loss to be around 35 billion yen ($336 million) and net loss of ¥25 billion ($240 million) for the year ending March…
IBM to splash over £730 million on data centres this year
IBM announced its plans of investing a whopping $1.2 billion (£730 million) to boost and expand its cloud footprint in the international market through a number of new data centres all across…
Tesco inks deal with Verizon for ‘global network’; plans in-store Wi-Fi
Tesco has announced its collaboration with global technology giant, Verizon, migrating into a single global network infrastructure. The deal will underpin the retailing company’s ongoing application and infrastructure centralisation program. As part…
Microsoft to pay billions to handset manufacturers to promote Windows Phone?
Rumours suggest that Microsoft is ready to pay over $2 billion to handset manufacturers including Samsung, Sony and Huawei to roll out Windows phones. According to reports, in a hefty bid to…
Twitter now lets marketers target audience using email addresses, user IDs
Twitter, on Wednesday, announced the introduction of new capabilities including email addresses and user ID based targeting under its recently launched Tailored Audiences programme for ad retargeting. Kelton Lynn, Revenue Product Manager,…
Facebook agrees to share public data of users with Yandex
Social networking giant, Facebook and Russian search engine giant Yandex have signed an agreement under which Yandex will be given access Facebook user’s data. As a part of the deal, Facebook will…
Intel stalls production plans at Arizona plant
World’s chip making leader, Intel Corp, has decided to delay the opening of its new factory in Arizona owing to a drop in demand for personal-computer microprocessors. The “Fab 42” Arizona plant,…
Automattic’s new CEO is Matt Mullenweg
Matt Mullenweg, founder of the blogging platform, WordPress, is stepping up to become the new chief executive officer of Automattic. Mullenweg will be replacing Toni Schneider, the company’s current CEO. Schneider, who…
Branch is Facebook’s latest acquisition
Social networking giant, Facebook, acquired social startup Branch Media and hired company’s 9-person team to build up a new Facebook Conversation’s group in New York. Josh Miller, Branch co-founder, was the one…
Google acquires Nest for £1.9 billion; its second largest acquisition since Motorola
Google has announced a £1.9 billion ($3.2 billion) deal to buy smart thermostat maker Nest Labs Inc. thereby not only scooping up a great and promising line of products, but also a…
Microsoft more trusted, essential than Apple says Forrester
A new study conducted by Forrester suggests that Microsoft has evolved to become the most trusted consumer brand across generations. Forrester’s “TRUE brand compass research,” which is based on ‘TRUE’ brand resonance,…
Oracle sued by former employee for unlawful termination
A former Oracle employee has reportedly filed a lawsuit against the company accusing it of firing him for complaining against the company’s employment practices under which Indian employee were offered a substantially…
Apple not guilty of infringing Motorola patent rules Appeals Court
A US Court of Appeals has ruled that Apple is not guilty of infringing the Google-owned Motorola Mobility unit’s patent dealing with data delivery and other related mobile phone technologies. The US…
No new BlackBerry CEO for now; John Chen to stay put
Initially roped in on a temporary basis, BlackBerry CEO John Chen will continue to serve as company’s CEO up until BlackBerry manages to garner financial stability. It was after former BlackBerry CEO…