UK Prime Minister David Cameron has committed more funds to finance research in the field of Internet of things and a grant for startups focused on the space, VentureBeat reported.
Consumer Electronics
Active smartphone users in China went over 700 million last year
Analytics company Umeng said the number of active smartphone users in China has surpassed the 700 million mark as of the end of 2013, TechCrunch reported.
Samsung files patent to let users unlock screen with a doodle
South Korean electronics giant Samsung filed a patent on September 2012 for a new method that lets users unlock the screen and activate apps and certain commands using a doodle.
Google to venture into set top business with Green Throttle acquisition
Search giant Google is reportedly venturing into the set top business with its recent acquisition of Santa Clara, US-based mobile game and hardware developer Green Throttle Games for an undisclosed amount.
India-based RHL Vision Technologies crowdfunds $200K for wearable device Fin
RHL Vision Technologies, an India-based startup, was able to raise $200,000 through the crowdfunding site Indiegogo with 1,600 people pre-ordering their wearable device called Fin, The Times of India reported.
Latest News
The console market is apparently facing a substantial decline based on North American console sales from January 2007 and that of January 2014, TechCrunch reported.
Ontario, Canada-based smartphone pioneer BlackBerry sold its Riverside Commons office campus in Las Colinas, Texas to Canadian investor Brookfield Property Group for an undisclosed amount.
Instagram, the mobile photo sharing service of Facebook Inc, has signed a $50 million advertising deal with Omnicom Group, according to sources interviewed by Bloomberg.
San Francisco, US-based startup SeeSpace launched a $100,000 crowdfunding campaign via Kickstarter for InAIR, its new product that combines Internet and second screen functions.
Sony Computer Entertainment America (SCEA) honcho Jack Tretton is stepping down as the head of the US PlayStation division as part of an agreement with SCEA not to renew his contract.
Former Apple chief John Sculley is teaming up with former HTC India head Ajay Sharma and Singaporean investment firm Inflexionpoint to launch a yet-unnamed smartphone brand in India, which will release its first units in April.
London, UK-based keyring smartphone charger Popcord surpassed its £20,000 goal on Kickstarter and went past the £33,000 mark with five days left for its crowdfunding campaign.
California, US-based Internet provider FreedomPop introduced Privacy Phone, a smartphone that promises fully encrypted voice and text communications that costs $10 a month and can be purchased using Bitcoin.
From a rosier outlook for the PC industry in December, IDC changed gears and predicted a continuing decline for PC sales this year until 2018, TechCrunch reported.
