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Amazon Reports Best Holiday Season: More Than 1 Billion Items Shipped, Echo Speakers Top Sellers

Amazon had a terrific holiday season so far, announcing that it was its best ever. The company shipped more than 1 billion devices worldwide now and its Echo speakers enjoyed great success, but here are some other interesting stats.

Business December 28, 2016

CES 2017 Preview: What Are The Expected Trends And New Devices At The Upcoming Event?

The annual Consumer Electronics Show is coming soon, with CES 2017 to run from Jan. 5 to Jan. 8. Here are the expected trends for the annual event, along with some of the new products that will be showcased.

Business December 27, 2016

Snap Inc. Gets Better At Augmented Reality With Up To $40 Million Purchase Of Israeli Company

Snap Inc. quietly acquired Israeli startup Cimagine for up to $40 million, boosting its augmented reality division. The purchase caps off a busy year for the company, in which it rebranded from Snapchat and launched the massively popular Spectacles.

Business December 25, 2016

If Verizon Cancels $4.8 Billion Yahoo Acquisition After New Security Breach, What Might The Carrier Do Next?

Verizon's $4.8 billion acquisition of Yahoo's online operations might be in jeopardy after the disclosure of another security breach. If Verizon backs out of the deal, what might the carrier do next?

Business December 18, 2016

If Donald Trump Will Really Build A Muslim Registry, Count These Companies Out: Google, Apple, Uber, Facebook, And Microsoft, Among Many Others

Several tech companies have said that they will not participate in the creation of the Muslim registry that President-elect Donald Trump proposed during his campaign. Among the companies are Google, Apple, Uber, Facebook, and Microsoft.

Business December 17, 2016

Putin Directly Involved In Democratic Party Hacks? US Intelligence Officials Think So

U.S. intelligence officials reportedly have new evidence that Russian President Vladimir Putin was directly involved in the Democratic Party hacks. Putin reportedly wanted to undermine and discredit the United States as a global leader and hurt Hillary Clinton in the process.

Business December 15, 2016

Never Again Pledge: Tech Workers Oppose Donald Trump Muslim Registry On Fears Of Mass Deportations And Genocide

On fears of mass deportations and genocide, hundreds of technology workers from Amazon, Google, Facebook, Twitter, Mozilla and a slew of other companies signed a pledge not to help Donald Trump's administration create a Muslim registry.

Business December 15, 2016

Facebook Is Thinking About Buying Original Video Content: Why Is The Social Network Considering Such A Move?

Facebook is in discussions to purchase original content from creative partners, including scripted shows, game shows, and sports shows. There is already a lot of video on the social network, so why is the company considering such a move?

Business December 15, 2016

Donald Trump Chooses Tesla CEO Elon Musk, Uber CEO Travis Kalanick For Strategic And Policy Forum

Donald Trump has selected the CEOs of Tesla and Uber to be part of a group of business leaders who will meet with him from time to time to discuss issues. The president-elect also met with Silicon Valley executives last Dec. 14.

Business December 15, 2016

Bill Gates Leads $1 Billion Green Energy Fund To Combat Climate Change: Jack Ma, Jeff Bezos Join The Initiative

Bill Gates and some of the world's richest individuals teamed up to pledge a $1 billion investment fund as part of an initiative called Breakthrough Energy Ventures. The fund aims to help advance clean energy production to counter climate change.

Business December 13, 2016

Donald Trump To Hold Tech Summit This Week: Attendees Include Tim Cook, Sheryl Sandberg, Larry Page, Satya Nadella, And More Top Execs

President-elect Donald Trump will be meeting with top tech executives this week in New York City. Among the attendees of the event are Apple CEO Tim Cook, Facebook COO Sheryl Sandberg, Alphabet CEO Larry Page, and Microsoft CEO Satya Nadella.

Business December 12, 2016

Bank Glitch Allowed Australian Man To Spend $1.3 Million On Luxury Travel, Sports Cars And Strippers

Security issues and systems-related problems in banks often lead to bad news for customers. However, for an Australian man, a glitch allowed him to have the ultimate bachelor lifestyle.

Business December 11, 2016

Amazon Go No-Checkout Store Is Real, But There Won't Be 2,000 Such Futuristic Shops - 'Not Even Close'

Amazon unveiled its futuristic Amazon Go grocery store this week, introducing a solution to eliminate checkout lines and registers. However, the company says it has no plans to open 2,000 such stores, 'not even close.'

Business December 9, 2016

AT&T To Refund $88 Million To Customers In Mobile Cramming Settlement With FTC

The FTC will now give out $88 million in refunds to customers as part of the 2014 mobile cramming settlement of AT&T. Current AT&T subscribers will receive bill credits, while former customers will be receiving a check in their mail.

Business December 9, 2016

Microsoft's $26.2 Billion LinkedIn Acquisition Now Officially Closed

Microsoft’s $26.2 billion LinkedIn acquisition, the third biggest tech acquisition in history, is now a done deal. Satya Nadella, Microsoft’s chief executive, said that the company plans to fuse Microsoft’s products and LinkedIn’s network together.

Business December 9, 2016

Uber Updates Rider Guidelines: If You Want To Keep Using The Ridesharing Service, Here's What You Should And Shouldn't Do

Uber has released a refresh on its rider guidelines, clarifying the expected behavior of passengers. The updated policies will likely only contribute to a better ridesharing experience for riders and drivers.

Business December 8, 2016

Apple Supplier Foxconn Confirms Plans Of US Expansion: iPhone Price Could Go Up And Here's Why

Apple's assembly partner Foxconn confirmed plans of expanding its operations in the United States. If Foxconn makes iPhones in the country, the price of the smartphone could go up.

Business December 9, 2016

SoftBank's Masayoshi Son Promises Donald Trump $50 Billion Investment In The US

Business magnate Masayoshi Son of Softbank Corp. met with U.S. President-elect Donald Trump at the Trump Tower in New York to discuss a possible $50 billion investment in the United States. Said pledge could provide around 50,000 new jobs to American citizens soon.

Business December 8, 2016

Jack Dorsey On Donald Trump And On His CEO Jobs At Twitter And Square

Jack Dorsey thinks that Donald Trump using Twitter is 'fascinating.' Dorsey, the CEO of Twitter and Square, has no plans of leaving any of the two companies.

Business December 7, 2016

Facebook Is Best Tech Company In Glassdoor's Best Places To Work 2017: Here's The Complete List

According to Glassdoor's list of 50 Best Places to Work in 2017 in the United States, social networking site Facebook is the second best option after Bain & Company. However, it is the best company to work for in 2017 for those in the tech sector.

Business December 7, 2016

How Amazon Go Cuts Checkout Lines And Cashier Jobs

The new Amazon Go grocery store offers customers a new shopping experience through automated services. However, the move could spell the end of jobs for millions of human employees.

Business December 7, 2016

Twitter Acquires Startup Yes Inc. To Hire A Former Googler As New Product Chief: How Will The Move Help The Social Media Platform?

Twitter acquired social media app maker Yes Inc. and made its CEO, Keith Coleman, as the company's new VP of product. Coleman is the sixth product chief of Twitter since 2007, filling a position that has been vacant since January.

Business December 2, 2016

Do You Think Donald Trump's Tweets Are Bad? You'll Hate The Fact That He Would Be Able To Text All Americans At Once

President-elect Donald Trump will soon gain access to the WEA system, which will allow him to send a text message to all Americans at once. Will Trump use the system similarly to how he airs his thoughts on Twitter?

Business December 1, 2016

GoPro To Layoff 200 Employees Following Karma Drone Recall

GoPro has fired 15 percent of its employees as it struggles to keep itself afloat. It is also currently dealing with a product recall and the departure of its president by the end of the year.

Business December 1, 2016

Cyber Monday Sales Smash Prior Records As Mobile Device Shopping Surges

Cyber Monday 2016 was a huge success. Online sales surged from those of last year’s big day, while the number of consumers shopping from mobile devices jumped significantly.

Business December 1, 2016

Amazon Holiday Jobs: Company Hiring 120,000 Temporary Workers At US Warehouses, Tapping Robots For Faster Training

Amazon has started to prepare for a busy shopping season, and it's reportedly boosting its workforce by 40 percent at U.S. warehouses, adding 120,000 temporary employees. With the help of robots and other tech, Amazon will also shrink training time from six weeks to just two days.

Business November 29, 2016

Apple Campus 2 Revealed In Drone Flyover Video: Construction Of UFO-Like Facility Almost Complete

The Apple Campus 2 looks like it is almost complete, as seen in the latest drone flyover video on the facility. Most of the structure's walls and solar panels are already up, with landscaping work already started.

Business November 28, 2016

Samsung Electronics Is Thinking Of Splitting Up The Company: Why Might It Make Such A Drastic Move?

Samsung Electronics will think about splitting up the company into two, as proposed by activist hedge fund Elliott Management. Why would the global smartphone leader consider making such a drastic move?

Business November 28, 2016

Black Friday 2016 The First Day To Earn Over $1 Billion In Online Mobile Sales: What Does This Mean To Customers And Retailers?

Black Friday 2016 is the first day in retail history to earn more than $1 billion in mobile sales. This year's version of the shopping holiday also set a new record of surpassing $3 billion in total online revenue.

Business November 27, 2016

Forget The Turkey: Thanksgiving 2016 Online Spending Of US Shoppers Hit Above $1 Billion Mark

U.S. shoppers have indulged in online retail spends of over $1 billion between midnight and 5 p.m. ET on Nov. 24, Thanksgiving Day, per a report by Adobe Digital Insights. Thanksgiving 2016 online sales are expected to cross the $2 billion mark.

Business November 25, 2016

Ubisoft Exec Says 'It Wouldn't Be The Same' If Vivendi Takeover Pushes Through

Ubisoft's leadership is scrambling to fend off a looming Vivendi hostile takeover. Executives fear that the company will lose its capability to develop successful game titles based on innovation.

Business November 25, 2016

Huawei Dethrones Samsung As Most Profitable Android Smartphone Brand For The First Time Ever: Report

Huawei has taken Samsung's place as the second most profitable smartphone business during the third fiscal year of 2016. However, that won't be for long, according to an analyst.

Business November 25, 2016

Samsung SDI Future Becomes Uncertain Due To Galaxy Note 7

Battery maker Samsung SDI is now struggling to keep its customers after being blamed for the Galaxy Note 7 incident. The company also supplies battery to OEM manufacturers such as Apple.

Business November 24, 2016

Comcast Set To Launch Dish’s Sling TV Bundles On Xfinity X1 Platform, But Why?

Comcast is set to launch DISH TV’s Sling bundles on its X1 platform. The move seems strange at first, but Comcast has a very specific reason for having initiated the new partnership.

Business November 25, 2016

Amazon Could Soon Start Streaming Live Sports On Prime: NFL, NBA And MLB Reportedly In Sight

Amazon has reportedly been in talks with the NBA, NFL, MLB and various media networks over the rights to stream live sports online on Prime. The company is reportedly looking to bring Prime Tickets in the U.S. as well.

Business November 23, 2016

Facebook To Launch First Stock Buyback For $6 Billion: Will It Be Enough To Appease Angered Users Over Fake News On The Social Network?

Facebook will launch its first share buyback program for up to $6 billion early next year. The move comes after allegations that fake news articles on the social network helped Donald Trump win the presidential election.

Business November 19, 2016

Amazon And Fiat Chrysler Team Up To Sell Cars Online, But Only In Italy For Now

Fiat and Amazon have announced an intriguing initiative to sell cars online. Only three vehicle models are available and only in Italy, but extra discounts are in store for online shoppers.

Business November 20, 2016

Airbnb No Longer Just For Booking Rooms: You Can Now Also Plan Your Travel Activities Through The Service

Airbnb has revealed a revamped version of its app that expands the services offered beyond booking rooms. Travelers can now also plan their travel activities through Airbnb, along with accessing tips and recommendations from locals.

Business November 17, 2016

Snapchat Goes Public: Snap Inc Files For Secret IPO At Potential $25 Billion Valuation

Snapchat parent company, Snap Inc., has apparently filed for a secret IPO with SEC. The company is seeking to raise $4 billion, which would give it a valuation between $25 and $35 billion.

Business November 15, 2016

Lyft Shaves Off Its Pink Mustache For LED Dashboards

Ride-hailing service Lyft is getting rid of its trademark pink mustache - the Glowstache - and is replacing it with an LED dashboard called Amp. The Amp will be made available to its drivers for free from December.

Business November 15, 2016

Samsung Bets Big On Connected Cars With $8 Billion Acquisition Of Harman

Samsung is in the process of acquiring connected car solution provider Harman in a bid to expand its efforts in connected technologies. More than 30 million cars are already equipped with Harman's car infotainment equipment.

Business November 14, 2016

Nike Opens Technologized Store In SoHo, New York City: What's Inside

Nike has opened a new store in New York City, and it's quite different from many of its other stores. This one is packing several technology related things designed to increase the shopping experience. From what we can tell, it would seem Nike has succeeded.

Business November 14, 2016

Twitter COO Adam Bain Leaves The Company, CFO Anthony Noto Takes The Reins

The departure of Twitter's COO Adam Bain came amid the microblogging platform's struggle to generate revenue and the dearth of interested buyers. Bain has been credited for building the company's multi-billion advertising business.

Business November 9, 2016

Analysis: How Will Trump's Victory Affect Silicon Valley?

Donald Trump has been elected the 45th president of the United States, but Silicon Valley is anxious over the Republican candidate's win. Trump is known for his lack of support for the technology industry.

Business November 9, 2016

Not Just Hype: Hyperloop One Signs Deal With Dubai RTA To Cut Trip To Abu Dhabi To Just 12 Minutes

Hyperloop One has signed an agreement with the Dubai Roads and Transportation Authority to create a passenger Hyperloop transport system that will run between Dubai and Abu Dhabi. The system is expected to reduce travel time to just 12 minutes.

Business November 8, 2016

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