investment
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Free Wi-Fi Hits the Streets of New York… In Bins?
A lot of companies were looking into providing free Wi-Fi, a project that seems to have been of big interest as of late. However, nobody would have predicted where free Wi-Fi would come from on the streets of New York. Would you have thought that your regular street bin would…
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iPhone 6C Rumoured to Have a 4-Inch Display and Metallic Body
There are always speculations about what the next Apple devices will boast. However, sometimes these speculations turn out to be true, so here it is. According to a blog post on MyDrivers.com posted a pic, emphasising how the upcoming iPhone 6C would look like. The blog also mentions that the…
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AOL Being Bought for $4.4 Billion by Verizon
Verizon is moving into the content and media business with its planned purchase of AOL. If regulators approve the $4.4 billion USD deal, Verizon will join the likes of Comcast which is not only a telecommunications giant but also a major media conglomerate. The acquisition would involve the entirety of…
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Alibaba to Invest in Micromax, India’s Major Phone Maker
Alibaba, Chinese e-commerce firm is going to buy a stake in India’s major smartphone maker, Micromax. The e-commerce giant is believed pick up a 20 percent stake in Micromax. If the deal completes, Alibaba will be investing as much as $1.2 billion in Micromax. It makes sense considering the fact that India…
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Microsoft Did Not Contribute to Cyanogen’s $110 Million Crowd-Funding
Microsoft is said to have been interested in investing $70 million into Cyanogen in order to take a stake in its operating system. However, the amount of money intended to be offered would have granted the company only a minor share. This is because Cyanogen is now valued in the…
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Apple Investing $2 Billion in 100% Renewable European Data Centres
Apple has announced that it is to invest $2 Billion into two new data centres in Europe, that will be powered by 100% renewable energy. The company’s CEO, Tim Cook, says that the new centres will bring great benefits to the local communities surrounding the new buildings as well as…
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China to Launch a $6.5B Venture Capital Fund for Start-Ups
The Chinese government is set to launch a 40 billion Yuen ($6.5 billion) venture capital fund to support emerging industries and start-up tech companies. The scheme is to be funded by the government and private investors. “The establishment of the state venture capital investment guidance fund, with the focus to…
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Dyson Makes £1 Billion Investment in Future Tech
Dyson, the company best known for producing hi-tech vacuum cleaners, fans, heaters and hand driers, has announced that it is investing £1 Billion in “future technology”. This comes alongside an earlier £250 million investment in a new R&D expansion of their current headquarters in Wiltshire. That particular project is scheduled to bring…
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iPhone 6 Sales Over Triple iPhone 6 Plus in the US
Over the last 30 days, Americans have voted with their wallets – showing that they find the iPhone 6 much more favorable to their needs. Apple’s iPhone 6 has amounted for 68% of total iPhone sales in the US, when compared to the iPhone 6 Plus sitting at 23% – with…
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Amazon Stuck With $83m Worth of Fire Phones
If you’ve got a spare $83 million in your back pocket and not much to do with it, Amazon may just become your new best friend! We’ve recently become aware that the online retail giant Amazon has a cool $83 million worth of their Fire phones that aren’t moving through…
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IBM Spends $3 Billion in Finding New Ways to Power Future Generation of Processors
It seems like the age of silicon will not last as long as we would expect. That is at least what IBM is thinking, having the company spending a great sum on money in developing new ways of powering up future generations of processors. IBM officials say that the company…
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Secret Artificial Intelligence Project has been In The Works for 30 Years
Cycorp look like any other research company, striving to create newer technologies in order to sell them to other companies and make life easier for people. However, the company has revealed that they were working on a piece of advanced artificial intelligence for 30 years, keeping it a secret up…
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Google Seek Investment in Virgin Galactic
It looks like Google are cracking out the their cheque book in style once again this week as they make a break for domination of outer space. Not only did they fork out a whopping $500 million a few days ago to acquire satellite maker Skybox, but now it has…
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Dyson Invests £5m In Robotics Lab At Imperial College London
Dyson are a household name, no doubt the first thing you’ll think of when you here the company’s name is vacuum cleaners, but there is a whole lot more to Dyson as they’re an engineering company first, and vacuums are just one of their crowning achievements. The company has always…
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Foursquare To Have Its Location Data Licensed By Microsoft, Receives $15 million Investment
Foursquare just found itself a new investor by the name of Microsoft. The Windows developing giant has reached a licensing agreement with Foursquare, having Foursquare’s ‘valuable’ data being used in products like Bing or Windows Phone OS. For the data exchange, Microsoft has agreed in investing $15 million in Foursquare’s…
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