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Magic Leap to blend digital and real world

Magic Leap would soon start making a software development kit (SDK) available to interested developers. This means several developers can actually try their hands on SDK to execute their visualization.

Jun 07, 2015 10:04 PM EDT


Hewlett-Packard Split and Rebranding Brings Job Cuts, Shifts to Offshore Jobs

HP's planned split takes effect on November 1st. Transition of company is said to bring a thousand job cuts across its divisions. Plans of shiting to offshore jobs hinted by HP CEO Meg Whitman.

Jun 07, 2015 10:55 AM EDT


Leading Financial Software Firm SunGard Files for IPO

Sungard Financial Systems IPO could offer a $10B value for the company. It continues to expand as it launches its fourth office in Africa - Nairobi, Kenya.

Jun 07, 2015 9:51 AM EDT


Samsung is using Alcoa’s aerospace-grade aluminum to build latest Galaxy phones

Samsung Electronics is using high-strength aerospace-grade aluminium supplied by New York-based lightweight metals company Alcoa. Alcoa is supplying its 6013 Power Plate for the manufacturing of Galaxy S6 and S6 edge phones.

Jun 07, 2015 9:11 AM EDT


Rakuten plans to issue 100 million shares to raise $1.5 billion for debt payment and investment

Rakuten aims to raise $1.5 billion from new shares to be offered in Japan and overseas. The Japanese retail company continues to transform itself to prepare for globalization.

Jun 07, 2015 9:02 AM EDT


Orange plans expansion in North Africa while ending ties with Israel to strenghten Middle East relationship

Orange expands to North Africa as a way to enter the Middle East market. The telecomsoperator expresed its desire to end affiliation with Israel's Partner Communications Ltd to give way to Arab pressure.

Jun 07, 2015 6:22 AM EDT


New Delhi rejects license applications of taxi firms Uber, Ola

US-based taxi company Uber and its local rival Ola's licence applications have been rejected by the Delhi government. The licence application of Taxiforsure has also been rejected.

Jun 07, 2015 6:08 AM EDT


Apple recalls Beats Pill XL speakers over battery fire safety risks

Apple is recalling Beats Pill XL speakers over battery overheating. Apple has announced a refund to owners. The recall does not affect any other Beats or Apple products.

Jun 07, 2015 5:46 AM EDT


Deutsche Bank teams up with Microsoft, HCL, IBM allotting up to $1.11B for upgrades

Deutsche Bank is with Microsoft, HCL and IBM for the next 5 years for tech revamp project. US companies have alloted $316 billion for R&D since November 2014.

Jun 07, 2015 12:02 AM EDT


Samsung Galaxy S7 and S7 Edge Concept Images Released;Curved Screen Bezel-less Mobile Design Released

Artist concepts for the Samsung Galaxy S7 and S7 Edge are floating around tech circles and public sites with still a year away from an actual release of the South Korean company smartphones. The concept designs suggest the use of the curved screen design with virtually bezel-less edges.

Jun 06, 2015 11:22 PM EDT


Paris Climate Summit & UN talks push through in December 2015

Paris Climate Summit will push through as scheduled this year with environmentalist groups hoping that a low-carbon economy program would finally fall into place, as UN talks focus on global warming issues.

Jun 04, 2015 11:19 PM EDT


Google demands studio firms to comply to summons

The search engine company, Google appealed to the New York federal judge to enforce a summon issued against the movie companies. Google accuses studio firms of conspiring with Mississippi AG against it.

Jun 04, 2015 10:39 PM EDT