How many “cloud giants” are there anyway?
Amazon Web Services (AWS), Microsoft, IBM and Google are blazing a trail as the “Big Four” leaders in cloud infrastructure services, seizing control of over half the market, according to a new report from…
Sri Lanka to get blanket Web access via Google’s Project Loon
Sri Lanka is all set to receive blanket Internet coverage throughout the country after it penned a deal with Google to deploy its Project Loon across its territory. On Wednesday, Sri Lanka said it…
Amazon signs former Top Gear hosts for new motoring show
By Duncan Riley
Former Top Gear hosts Jeremy Clarkson, Richard Hammond and James May will be returning to screens via Amazon.com, Inc. with the eCommerce giant signing all three for a new motoring show. The new, as…
Battle of the flagships continues: OnePlus 2 vs. Galaxy S6 edge+
By Collen Kriel
OnePlus launched its “flagship killer”, the OnePlus 2 on Monday and we’ve already compared it to the iPhone 6 Plus. Since the OnePlus is an Android phone and aimed at the premium market, it…
Apple, Samsung lose tablet market share in Q2 as LG, Huawei capitalize despite shrinking market
By Collen Kriel
Despite iPad sales falling to a four-year low in the quarter ended June 30 with just 10.9 million units shipped, Apple managed to hold on to the top spot as the worldwide tablet market…
Samsung Q2 mobile profits tumble 37.6% amid weak demand for Galaxy S6
By Collen Kriel
In its second quarter (Q2) earnings announcement Thursday, Samsung Electronics Co. Ltd. said net profit for the quarter declined 8 percent over the same period last year. The decline in net profit is largely…
Git repository hosting service GitHub raises $250m Series B on $2b Unicorn valuation
By Duncan Riley
Git repository hosting service GitHub, Inc. has raised $250 million Series B in a round led by Sequoia Capital that included Andreessen Horowitz, Thrive Capital and Institutional Venture Partners. New of the round first…
Cloud comms company Twilio confirms Series E round of $130m
By Duncan Riley
Cloud communications company Twilio Inc. has raised $130 million Series E in a round led by Fidelity and T. Rowe Price, that included Altimeter Capital Management, Arrowpoint Partners, Amazon.com, and Salesforce Ventures. News of…
Facebook beats the market with record high revenue of $4.04b in Q2
By Duncan Riley
Mark Zuckerberg would have been grinning like the Cheshire Cat Wednesday with Facebook, Inc. beating market expectations in the second quarter off continued strong growth in mobile. The social networking giant booked record high…
Online auction house Catawiki raises $82m Series C
By Duncan Riley
Online auction house Catawiki (Benaulim B.V) has raised $82 million Series C in a round led by Lead Edge Capital that included previous investors Accel Partners and Project A Ventures, along with a number…