The long global decline in tablet sales is showing no let up, with the latest figures from the International Data Corporation (IDC) reporting tablet sales dropped 12.3 percent in the second quarter compared to same quarter of 2015. Android tablets continued to dominate sales with 65 percent of the 38.7 million tablets sold in the ...

The battle for ridesharing dominance in China is over, with Didi Chuxing Technology Co. acquiring rival Uber, Inc.’s China operations and in the process, potentially putting an end to the global ridesharing alliance between Didi and Uber rivals Lyft, Inc., GrabTaxi Holdings Pte. Ltd., and India’s Ola (ANI Technologies Pvt. Ltd.). Under the deal Uber ...

Ridesharing unicorn Uber, Inc. wants to be free of having to rely on Google Maps to aid drivers in navigating routes, investing $500 million into building its own mapping product, according to a report Sunday. The Financial Times claims that Uber has mapping vehicles driving across the United States and Mexico, recording data for their ...

In a win for ride sharing rivals Uber, Inc. and Didi Chuxing, the Chinese government has issued a new law and set of regulations that would make both services legal in the Middle Kingdom. According to Bloomberg the new regulations govern the operations and define the scope of how the companies can operate, including notably ...

Cloud storage startup Upthere, Inc. has raised $77 million in a round led by KPCB and Western Digital that also included Elevation Partners, Floodgate, GV, NTT Docomo Ventures, and Square 1 Bank. Based in Palo Alto and started by former Apple engineers including former Mac software engineering chief Bertrand Serlet, Upthere states its mission is ...

Samsung Electronic Co. Ltd. has increased its lead as the world’s largest smartphone vendor in the second quarter as the overall market remained flat and Apple, Inc.’s market share has shrunk, according to a new report from the International Data Corporation (IDC). All vendors combined shipped 343.3 million smartphones in the quarter, up only 0.3 ...

Blockchain technology firm Blockstream, Inc. has acquired European bitcoin wallet provider GreenAddress (GreenAdressit Ltd.) for an undisclosed sum. Founded in 2014, GreenAddress offers a per-transaction two-factor authentication, multi-signature and deterministic wallet that is claimed to deliver users unprecedented control over their transactions. The company uses a number of systems to keep the wallet secure and ...

Three years after its acquisition by Yahoo, Inc., Tumblr has finally decided to attempt to monetize its social justice warrior blogging network by introducing ads on all blogs hosted by the service. The announcement, which is bound to cause outrage from Tumblr users, was spun by the service as a way for users to make ...

Mobile tool maker LaunchKit (Cluster Labs, Inc.) has been acquired by Google for an undisclosed sum. Founded in 2015, LaunchKit offers a suite of tools that makes it easier to track sales, reviews and build a landing page for apps and services. The company’s products include Screenshot Builder, a tool that allows users to create ...

Samsung Electronic Co. Ltd has reported its highest profit in two years off the back of continued strong sales of its flagship Galaxy S7 and Galaxy S7 Edge smartphones. The company reported revenue was 50.94 trillion won ($45.2 billion) in the second quarter, up 5 percent on a year ago, with operating profit coming in ...