The branch of artificial intelligence called deep learning has given...
In a sudden reversal, Craig Steven Wright--an Australian entrepreneur and...
Unlike some of the other companies in the unicorn club,...
Huge tasks still face both Dell Inc. and EMC since...
Playtox, a leading developer of multi-platform browser-based multiplayer mobile games, has proved that games can be made successful beyond the Google Play market and Apple App store. This gaming company has tasted success through mobile browsers and has now raised $3 Million in funding as well. In its latest series of funding, Playtox raised $3 million from Venture Capital firm Runa Capital, which is the sole investor for this cash infusion. According to the game company, it will use the money to expand its lineup of mobile browser-based massively multiplayer online games. “Runa is investing in fast-growing areas of the tech sector,... more »
There has been a lot of recent movement in the converged storage space. And while its not a new topic, it's definitely a topic that has gotten a lot of buzz in the hype cycle as of late. Converged storage is one of the three components of the emerging vision of converged infrastructure, evolving the data center alongside servers and networks. And big vendors are taking notice, especially those that are restructuring their entire business model to infrastructure services. Hewlett-Packard is one such company, pouring a great deal into its Services around cloud management and smarter solutions. Things seem to be... more »
Business intelligence behemoth SAP just acquired Hybris, a provider of cross-platform e-commerce and financial data management solutions. The Zug, Switzerland-based firm says that its software is used by over 500 enterprises, including General Electric, Thomson Reuters, Hennes & Mauritz (H&M), and Ericsson. Hybris raked in $85 million over the last 12 months. The terms of the deal were not disclosed, but the company’s earnings (plus the $30 million funding round it closed earlier this year) indicate that SAP had to shell out a hefty sum to get a hold of its intellectual property. SAP plans to integrate Hybris’ software with HANA, its... more »
IBM has confirmed its intent to acquire SoftLayer, a cloud computing infrastructure provider, for approximately $2 billion. The acquisition looks to aid IBM in its public cloud offerings, as well as compete with other public cloud service providers like Amazon. This acquisition would bolster IBM’s cloud computing efforts by creating a new cloud services division within its Global Services unit, where SoftLayer will continue to operate independently. The acquisition will also help the company “beef up its ability to integrate public and private clouds for its clients, enabling significant performance and security benefits for SMBs.” Many are questioning IBM’s intention in acquiring... more »
Amazon announced today that they would be entering the indie video game scene with a new store on their website focused entirely on this particular niche of video game development. Indie developers for a long time have become the art-filled mayhem of the gaming market versus the glitz-and-glam of the triple-A game makers, and while some of them go on to fame and glory (see: Minecraft) often many indie games get pushed out of the limelight. Citing the plight of indie developers who don’t have the beaux coup bucks to market themselves, Amazon has revealed the Indie Games store category and... more »
According to Pew Research Center’s Internet & American Life Project there are now more smartphone owners in the US, with 56 percent of adults in the US owning one of these beloved gadgets. This is a significant finding, as it means that for the first time in American history, more people are seeing the value of owning a smartphone compared to traditional cellphones. The research stated that 91 percent of the adult population owns a mobile phone of some kind, with 56 percent owning smartphones, 35 percent some kind of cell phone, and the 9 percent do not own any form... more »
Dell announced a number of new products on Day Two of its Enterprise Forum in San Jose, including two major additions to its Compellent storage lineup and the latest release of its flagship file system. Version 6.4 of Compellent Storage Center introduces an ‘intelligent data placement’ engine that distinguishes high-performance flash from lower quality variants. This flash tiering mechanism writes performance-intensive data to enterprise-grade single-level cell (SLC) flash, and assigns lower priority information to devices that include cheaper and less reliable multi-level cell (MLC) variant. The platform automatically stores “cold” data on disk memory. Storage Center 6.4 is joined by the SC280,... more »
After years of Windows OS exclusivity, Advanced Micro Devices is looking to Google to expand their OS options with traditional x86 and ARM-based processors. The new chips will run multiple operating systems, and according to AMD, Google's Android and Chrome OS offer the perfect flexibility for third-party chip design and integration. Lisa Su, Senior Vice President and General Manager of Global Business Units said "We are very committed to Windows 8; we think it's a great operating system, but we also see a market for Android and Chrome developing as well." Up until this point, adoption rates for Windows 8 tablets have been... more »
Bloomberg has appointed former IGN boss Roy Bahat to head Bloomberg Beta, its newly formed venture capital fund. The $75 million VC’s investment team includes former Trinity Ventures principal James Cham and Bloomberg business development guru Karin Klein. Bloomberg Beta is focused on creating and funding early-stage startups that specialize in Big Data, technology platforms, content discovery, media distribution, networking and communications. Bahat and his crew will also keep an eye out for investment opportunities revolving around human-computer interaction and “radically new organizational models” (whatever that means). The fund has already invested in a number of emerging firms, including Newsle, MkII, Nodejitsu,... more »
Smart TVs have earned their name due to the superb functionality they offer, being able to browse the web, stream video content, sync with other devices, play games, and even hang out and chat on social media sites. But when it comes to security, the "smart' description is probably stretching things a little. "Stupid" might be a better word. Why do I say this? Simply because, the security on most smart TVs is quite simply non-existent, as one German researcher demonstrated recently. In a recent blog post, Professor Martin Herfurt demonstrates a number of easy remote attacks that can be performed on... more »