Olapic secures US $5 million after the close of a series A financing round led by Great Longworth Venture Partners and Fung Capital USA.
Sectors
London’s lifestyle magazine Scaleogy welcomes two new investors
Scaleogy gets two new unnamed investors but the agreement's terms were not revealed. London-based Scaleogy Ltd. welcomed two new investors into the company.
Wellington joins 4G party through Vodafone
Vodafone upgraded the New Zealand capital's wireless networks to 4G technology. Suburbs in many countries all over the world have been revolutionized by the 4G (4th generation) wireless technology.
Strategy Analytics: Android is king of the tablet market
Android is king of the tablet market, according to data from Strategy Analytics. The Android is unmistakably the king of the tablet market. Strategy Analytics has data and figures to back this statement.
Smartphone vendors not a fan of 8-core
Smartphone sellers in Taiwan expressed their concern over 8-core platforms and its effect on the quad-core dominated market.
Latest News
Alcatel-Lucent beats estimates set by analysts after Qualcomm Inc. announced to purchase the former's minority stake.
Microsoft Windows 8 and Surface RT tablets were lagging behind competitors. Windows 8, the operating system Microsoft designed for touch PCs, was still finding it hard to capture a sizeable audience.
According to Gartner, HP's server market share dropped for the second consecutive time. In the latest quarterly report of Hewlett Packard, server shipment shares from across the globe fell significantly.
Analysts believe that Asus' late entry to the US tech market will be its toughest challenge yet.
Apple and Motorola dropped 14 patents, which now left with them with 8 patents-in-suit. Apple and Google's Motorola agreed to drop 14 patent suits Monday.
Alcatel-Lucent partnered with Qualcomm for small cell development. Alcatel-Lucent and Qualcom partner for small cell development. The development aimed to be useful for enterprise and residential deployments.
The CEO of Softbank Corp said that there is no "firm plan" in place for the widely-anticipated Alibaba IPO.
Centrica announced that it expects to close its USD 1 billion buy of Hess's Energy Marketing this year.
Alcatel rebounded with strong growth that beat estimates. Alcatel-Lucent rode in strong growth and beat analysts' estimates. The struggling telecom equipment maker posted this strong growth for its key US market.
