Months after rebranding Xbox Music and relaunched it by the name Groove, Microsoft acquired a music player app that goes by the same name. The Montreal-based startup agreed to sell the name and technology to Microsoft, but the details are disclosed by both companies.

HP's business started to tatter since inception of Meg Whitman in 2011. In 2013, Bloomberg has named her as one of the ‘Most Underachieving CEO’ in the corporate world. To hold HP in its business path, she has spit HP into two independent entities which is believed to reduce her pay package by 13% compared to the previous year.

Swatch will help design the sunglasses collection while Safilo will be in charge of production. The two companies will distribute the products in both their stores worldwide. The five-year agreement aligns with both the companies' strategic plan to create a new design concept.

Samsung is probably going to unveil Galaxy S7 and S7 Edge as its new flagship smart phones in the WMC to be held within February 22 to 25. Introduction of Galaxy S6 variants hasn’t become much fruitful for Samsung. But the new S7 variants are widely assumed to bring fortune for Samsung since incorporation of mass desired features.

The bonds are gaining momentum amid sluggish financial markets and uncertainty about the global economy. Majority of hedge funds are betting on the $4.5 trillion market as the safest for US corporate debt. Some hedge funds forecast the concerns may go beyond energy and junk bonds.

Google CEO Sundar Pinchai received his first equity award granted by Google's parent company, Alphabet, Inc. The $199 million amount was one of the biggest ever given by a U.S. company, making him one of the world's highest-paid executives. Besides Mr. Pinchai, other executives, including Diane Greene and Ruth Porat also received the award worth $42.8 million and $38.8 million respectively.

The company announced that it had broken even in India and six other foreign countries, making the Indian e-commerce the first to achieve that milestone. Zomato, valued at over $1 billion, is going to start another funding round before becoming profitable by mid-2016.

All the tech giants are investing heavily in the research and development of virtual and augmented reality products. Google has been reportedly planning a successor to the cardboard VR viewer. The smart phone based headset incorporating improved sensors and lenses will be housed in a solid plastic casing instead of a cardboard.

Rolls has been participating in the Naples Winter Festival for the last 15 years with the first production of any new version placed for auction. The first copy Dawn Convertible has been auctioned in January 31 for $750,000 and thus collects $4.8 million in total. The amount received from auction is dedicated for Naples Children & Educational Foundation (NCEF).

Lions Gate Entertainment Corp. continues the discussion with Starz regarding the possibilities of the two companies to merge. The talk had been started three years ago, and now it is looking for a further agreement.