As part of patent settlement, Nokia received upfront cash payment of €1.7B from Apple, Finnish company discloses during its earnings call
In today's financial results, Nokia mentioned that it had increased cash inflow thanks to an “up-front cash payment of approximately EUR 1.7 billion …
Apple removes all major VPN apps from the App Store in China; the apps allowed users to bypass China's internet censorship
The Chinese government's crackdown on the internet continues with the news that Apple has removed all major VPN apps, which help internet users overcome …
iRobot clarifies CEO's comments, says it never intended to sell Roomba data, will only share data with other smart home devices with customer's permission
Exclusive: Are Roomba vacuum cleaners spying on you? Will iRobot sell your home's mapping data? iRobot's CEO sets the record straight.
Huawei CEO confirms full-screen display on upcoming Mate 10, as company reports Q2 results, and says it is giving up on very low-end devices
It aims to ship as many as 150 million smartphones in 2017 — The Chinese firm chalked up $42 billion in first-half revenue
Katie Couric is ending her Yahoo show and departing Oath, but will work with Oath case-by-case for projects
But the longtime TV news star will still work with the company on a project basis — Katie Couric is ending her Web interview show for Yahoo, Oath confirmed after Recode contacted the company about t...
Twitter is testing a subscription service that automatically promotes advertisers' profiles and up to first 10 tweets a day for $99 per month
For a monthly fee, Twitter would promote up to 10 tweets a day in addition to running month-long Promoted Account ads.
Redfin closes at $21.70, up 44%+ on its first day of trading, after raising $138M in an IPO
Redfin is not exactly a household name in the world of consumer tech — it's a residential real estate brokerage built on the internet — but it's the closest thing the tech IPO market has to a hero as ...
Amazon reports Q2 revenue of $38B, up 25% YoY, as net income drops from $857M to $197M YoY; AWS revenue rose 42% YoY to $4.1B; headcount reaches 382K, up 31K
again—that it can do whatever the hell it wants MacDailyNews : Amazon shares fall after big earnings miss MarketWatch : Amazon earnings: Analysts recognize its dominant position in the U.S., look abro...
GM's Cruise Automation hires Didi's Charlie Miller and Uber's Chris Valasek, the security researchers who had previously hacked into moving jeeps
Miller left Didi after just four months. — Noted security experts Charlie Miller and Chris Valasek — famed for remotely hacking a Jeep …
Amazon quarterly profit fell 77% last quarter despite sales growth as it spent on new warehouses, delivery capacity, data centers, and hiring
Amazon.com Inc. AMZN -1.68% said quarterly profit fell 77% even as sales jumped, a sign of the high cost of its increasing dominance of retail.
Anonymous social app Whisper lays off 14 of its 71 employees; source says revenues were $1.3M in June, firm will have $100K in free cash flow in August
Startups are dying all over the place as last year's investment cool-off leads many to run out of cash.
Source: Charter Communications rebuffs SoftBank's proposal for merger with Sprint
Alex Sherman / Bloomberg :
USB 3.2 specification announced, which promises double data transfer speeds, or up to 20Gbps, over existing Type-C ports and cables
Juli Clover / MacRumors :
Toast, developer of cloud-based software including mobile PoS and other functions for managing restaurants, cafes, bars, and nightclubs, raises $101M Series C
Toast, the fast-growing restaurant technology company, has just been served a heaping portion of venture capital to continue expanding.
AltspaceVR, a social platform for virtual reality, to shut down August 3 due to “unforeseen financial difficulties”
AltspaceVR Inc :
Apple confirms it has discontinued iPod nano and iPod shuffle; iPod touch now costs $199 for 32GB and $299 for 128GB
Apple discontinues the Nano … Mark Gurman / Bloomberg : Apple Discontinues the iPod Nano and Shuffle Samuel Gibbs / The Guardian : Apple kills off iPod Nano and Shuffle, marking the end of an era Bria...
Baidu reports Q2 profits of $654M, up 83.5% YoY on about $3.1B revenue, as Chinese search firm recovers from advertising restrictions and trims expenses
(Reuters) - Chinese internet search engine provider Baidu Inc has reported a jump in quarterly earnings, recovering from a string …
Expedia leads $400M round for Indonesian travel site Traveloka by contributing $350M; source says Traveloka is now valued at $2B
Expedia (EXPE) is investing $350 million in Traveloka … Michele McDonald / Tnooz : Expedia Inc. makes minority investment of $350 million in Indonesian online agency Sumit Chakraberty / Tech in Asia :...
Inside China's government-led plans to conquer the semiconductor industry, which could cost around $150B, worrying US government and analysts
The marriage of state universities with commercial ventures is an example of China's hybrid capitalism, meant to bring academic findings to market swiftly.
US House committee asks 22 US agencies for documents about Kaspersky Lab dating from 2013, including risk assessments, names of contractors, subcontractors
Dustin Volz / Reuters :
With revenues of $15.8B from semiconductor unit, Samsung becomes the biggest chip maker in the world, topping Intel, which brought in $14.76B in sales in Q2
Jonathan Vanian / Fortune :
Amazon reportedly acquired GameSparks, a startup that helps developers add cloud-based features to games, for $10M
Ingrid Lunden / TechCrunch :
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Zoho CRM Plus in 2025: A year of thoughtful CX improvements
2025 marked 11 years of building a customer experience platform designed to support organizations as customer expectations, channels …
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Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.