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.
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.
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.
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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
Nvidia GeForce GTX 980 Ti to have lower specs that Titan X; to be released sooner than expected
Nvidia GeForce GTX 980 Ti will reportedly have less compelling specs than its predecessor. Is it merely a lower version of Titan X developed for increased sales?
May 27, 2015 4:10 AM EDT
Expedia lets go of Chinese Partner eLong
Expedia is investing $280 million on Travelcity but divested from eLong. Expedia is very busy this year. It also turns out to be a pretty expensive year after buying Travelcity in February for $280 million and investing $1.
May 27, 2015 4:06 AM EDT
Indian E-commerce Giant Snapdeal Acquires MartMobi to Strengthen Mobility Platform for Merchant Partners
Snapdeal, one of the largest e-commerce players in India, has snapped MartMobi for an undisclosed amount. The acquisition is set to help improve its mobile experience for sellers and customers on its marketplace.
May 27, 2015 3:09 AM EDT
MasterCard Send via P2P magic offers instant transactions within seconds
MasterCard Send is the newest P2P payment system that eliminates time and network boundaries. It is expected to close digitized monetary transactions in seconds.
May 27, 2015 2:31 AM EDT
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