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Samsung announced merger in affiliate companies to strengthen immediate heir’s future control in the organization

Samsung Group is putting a speedy effort to consilidate its key assets to strenghten the future leadership of the company. Cheil and Samsung C&T is the latest merger announcement within the group.

May 27, 2015 11:44 AM EDT


Snapchat IPO plans revealed by CEO and founder during the Recode Code Event; Future Plans involves $15 Billion worth of Mobile Apps

Snapchat has gained over 200 million active users according to recent reports. The company has grown from a mobile app to a media affiliate currently having an estimated value of $15 billion.

May 27, 2015 11:21 AM EDT


Amazon pays $16M tax in Germany despite $11.9B profit; company starts tax honesty in 4 European countries

Amazon has paid $16 million of tax in Germany. This is in reference to the electronic retail company’s profit of $11.9 billion in the said country which they say is low. Amazon has also declared its sales in 4 European countries which would mean they would have to pay more taxes.

May 27, 2015 5:08 AM EDT


Internal Revenue Service Website Hacked, 100,000 "Get Transcript" Information Stolen

The Internal Revenue Service's website was hacked and 100,000 information of taxpayers has been stolen. The IRS announced this on their news website and included in the stolen information are tax returns and other tax-related information.

May 27, 2015 4:48 AM EDT


Two Google Nexus Phones reportedly coming out this year courtesy of Huawei and LG

Google is reportedly releasing two Nexus phones this year, coming from Huawei and LG. Rumors are ripe that Google is working with both LG and Huawei to release two new Nexus phones before the end of 2015.

May 27, 2015 4:46 AM EDT


Android Auto finally comes to its first car—the 2015 Hyundai Sonata

Google's Android Auto is finally hitting the road as it comes to its first actual car -the 2015 Hyundai Sonata.

May 27, 2015 4:39 AM EDT


Instagram wants its users back; e-mails "Highlights"

Instagram is now trying to draw back the attention of its drifting users. It uses the same strategy as Twitter, only that it sends you photos of the people you are following and what you have "missed."

May 27, 2015 4:35 AM EDT


Microsoft's Cortana will be available for both iOS and Android devices; Microsoft to release new apps for each device

Microsoft will be making its voice assistant, Cortana, available for both iOS and Android devices. Microsoft will release new apps for each device variants.

May 27, 2015 4:33 AM EDT


Italian court bans unlicensed taxi services including Uber

An Italian court has banned unlicensed taxi services such as Uber. Uber plans to appeal, saying the court ruling was a discrimination on new technologies.

May 27, 2015 4:25 AM EDT


Periscope finally arrives on Android, 2 months after iOS launch; Android Version Features Enhanced Notification Setting

Periscope is finally available to Android users as the Twitter-owned live-streaming app launched on the Google Play Store on Tuesday. The Android version of the live-streaming app features an enhanced notification setting which is not yet available on its iOS version.

May 27, 2015 4:19 AM EDT


Facebook acquires Oculus Rift; Features to include Facial Performance Sensing Head displays Virtual Avatar

An initial idea of how the social networking site Facebook will use its 2014-acquired Oculus Rift has been finally revealed -a facial expression sensing head-mounted display.

May 27, 2015 4:17 AM EDT


Vox Media Buys Re/Code By Walt Mossberg And Kara Swisher, CEO Explains Reason Behind Huge Deal

Vox Media announced that they already bought ReCode, the news website owned by journalists Walt Mossberg and Kara Swisher. The deal was then letter explained by the CEO of Vox Media via their website.

May 27, 2015 4:10 AM EDT