Gartner: Enterprises to hold off on PC purchases; higher prices to blame
The PC market has been feeling the pinch for a few years, and things are likely to get tougher as vendors are forced to raise their prices by as much as 10 percent this…
Food delivery marketplace Foodpanda raises $100 million Series E
By Duncan Riley
Global food delivery marketplace Foodpanda has raised $100 million Series E in a round led by Goldman Sachs Investment that included previous investor Rocket Internet SE. Founded in 2012, Foodpanda has a global food delivery…
Oracle distances itself from Salesforce acquisition rumors
Salesforce.com, Inc. might be up for sale, but Oracle yesterday played down speculation that it is the mystery suitor, as most analysts initially suspected. The comments came directly from Oracle CEO Safra Catz, who…
HoloLens: Microsoft’s high stakes bet on the future
We’ve seen, again, how impressive Microsoft’s AR headset is, the question now is, will this apparent bundle of joy and audience wooer turn into profit, or will it turn out to be another fantastic…
Adatao brings its Big Data machine learning tools to the masses
Big Data startup Adatao Inc. is aiming to make business intelligence accessible to everyone with the release of its first products, after it raised $13 million in venture capital late last year. The company’s…
Apple, IBM, Japan Post join forces to supply iPads and healthcare apps to millions of elderly people
By Collen Kriel
Apple, IBM and Japan Post Group on Thursday announced a joint initiative that will provide millions of Japan’s elderly population with iPads. This initiative is the latest step in the existing partnership between Apple…
LinkedIn shares plummet as Q1 financials revise down future projections
By Duncan Riley
LinkedIn Inc. shares took a beating Thursday as the professional social networking company presented solid Q1 financials but revised down projected earnings for Q2. The company reported revenue in the first quarter of $638 million,…
Apple Watch Sport teardown reveals Apple’s most profitable device
By Collen Kriel
During Apple’s quarterly earnings call on Monday company executives highlighted that profit margins on the new Apple Watch are likely to be lower than the company average. Now a cost analysis released Thursday indicates…
Adieu: Grooveshark shuts its doors as part of a legal settlement with the music industry
By Duncan Riley
Streaming music service Grooveshark (Escape Media, Inc.) is no longer with the company, shutting its doors today after a six-year battle with the music industry. According to reports, the closure is part of a…
Circa news app on the market after it fails to raise a new round
By Duncan Riley
Circa 1605 Inc., the makers of the Circa news app are said to be on the market after the company failed to raise a new round of venture capital. According to a report from Forbes the San…