E-commerce giant eBay and iPhone maker Apple Inc were beloved bets among top US hedge funds like that of activist investor Carl Icahn in the fourth quarter of last year, Reuters reported.
Consumer Electronics
Sony surpasses PS4 sales target by selling 5.3M units in 3 months
Tokyo, Japan-based electronics giant Sony surpassed its sales target for the PlayStation 4 by selling 5.3 million units worldwide just three months after the latest game console went on sale.
US Bluetooth controller ring Fin hits $100K crowdfunding target
Palo Alto, US-based Bluetooth controller ring maker Fin hit its $100,000 funding target on crowdfunding platform Indiegogo, and now wants to stretch its goal to $150,000 to give visually impaired people a discounted price for the product.
Internet-connected machines to rise, wireless carriers say- study
The mobile carriers' connections for devices like cars, smart watches and thermostats are expected to increase to 250 million this year from last year's 195 million, Bloomberg reported.
Kingsoft to sell $20M stake in gaming subsidiary to Chinese smartphone maker Xiaomi
Beijing, China-based software company Kingsoft will sell a a 4.7% stake worth $20 million in its game developing subsidiary Westhouse to Chinese smartphone manufacturer Xiaomi.
Latest News
Apple will be offering a no-contract iPhone 5s for $1,169 when it debuts its first store in Latin America, marking the most expensive price for its iPhones, Bloomberg reported.
LG Electronics has introduced the G Pro 2, the new version of its large-screen smartphone G Pro, in an attempt to land at Number 3 in global smartphone sales in 2014, Reuters reported.
Munich, Germany-based firm Bragi launched a crowdfunding campaign on Kickstarter to build wireless smart earphones called The Dash, which has sensors that can track fitness activity and vital signs.
Sluggish growth among young technology firms could bode trouble for the U.S. economy, according to a new report from the Kauffman Foundation.
Irvine, US-based startup Oculus VR took home the award for the Best Hardware Startup of the year during the 7th Annual Crunchies of TechCrunch for its breakthrough Oculus Rift VR headset.
Andrew Bocking, the Executive Vice President of BBM, exited Ontario, Canada-based smartphone and enterprise software maker BlackBerry, with the said division to be folded into Global Enterprise Solutions under the leadership of John Sims.
Soon-to-be Microsoft-owned mobile phone maker Nokia will reportedly launch its first Android phone code named Normandy, which could be powered by Microsoft and Nokia, on February 24 in Barcelona, Spain.
Illinois, US-based book retailing giant Barnes & Noble confirmed that it eliminated jobs across the company, but denied eliminating their Nook hardware engineering division, contrary to a report from Business Insider.
Google announced today that its media streaming dongle, Chromecast, now supports YouTube videos that are embedded on the page, eliminating the need to navigate to the YouTube site or mobile app in order to flick videos to the TV screen.
