Microsoft has reported an 18% increase in revenue for the fourth quarter of its financial year, but the cost of integrating Nokia’s handset business hurt profits. The software heavyweight earned $23.4 billion…
Hackathon to target North Korea’s ‘Hermit Kingdom’
A two-day hackathon next month is aiming to bring more information to North Koreans. Hack North Korea, held in San Francisco between August 2 and 3, is hosted by New York-based NGO…
Netflix crosses 50 million subscribers mark despite price hike
Netflix now has more than 50 million subscribers worldwide according to the company’s quarterly earnings report released today. The content streaming website added 1.69 million users during the second quarter ending June…
Workspot raises $6.5m Series A – Investment Round Up
Seed Jobr, a job search platform, has raised $2 million in seed funding from Lerer Ventures,Redpoint Ventures, Eniac Ventures, Lowercase Capital, Tim Draper, and others. The Jobr app seeks to connect job…
Google reports 22% revenue increase as Arora bids farewell
Google, Inc has reported modestly rising quarterly earnings for the second quarter of 2014. The tech giant earned $3.4 billion, or $4.99 per share, in the April-to-June period. The figures represent a…
Microsoft to lay off 18,000 in biggest jobs cut
U.S. tech giant Microsoft is set to lay off 18,000 employees, according to an internal memo from its new CEO. Satya Nadella, who took over the reigns from longterm chief Steve Ballmer…
Southeast Asia set for e-commerce boom
Southeast Asia is the next big market for online shopping according to a recent study by UBS, which warns of the threat to established retailers posed by e-commerce firms. Physical barriers such…
IPO Watch: GoPro, Box, Alibaba
Keep an Eye On After delaying its IPO, Box Inc. might be looking elsewhere for a cash infusion. The Wall Street Journal reported earlier in the week that the Los Altos, CA-based…
5 Takeaways from the Google I/O Developer Conference
Google’s I/O Developer Conference, held this week in San Francisco, featured a number of new product launches, including Android TV, Android Wear, Android Auto and a new smartphone and tablet operating system.…
Amazon unveils Fire Phone
Amazon CEO Jeff Bezos announced his company’s first foray into the smartphone market at a special unveiling this morning in Seattle, confirming recent speculation among the technology community. Bezos will hope the…