Sony will shut down two-thirds of its retail outlets located across the US, with 11 out of the 31 stores near major markets to remain open, as part of its move to offload unprofitable units and reduce liabilities.
Tags: Apple
Apple to release improved Touch ID fingerprint recognition feature
California, US-based electronics giant Apple is currently working on a software update that will improve the fingerprint recognition ability of its Touch ID system, based on a report by AppleInsider citing a source familiar with the situation.
16 of 23 companies purchased by Apple in past 16 months identified
Technology-focused news website VentureBeat searched for and found official documentation confirming 16 of the 23 companies that California-based technology giant Apple purchased in the recent past.
Apple's Tim Cook says TV division posts $1B revenue in 2013
Apple Chief Executive Officer Tim Cook told investors that its television business sold more than $1 billion TV set-top boxes last year, the Financial Times reported.
Netflix-Fitbit hack auto-pauses movie when watcher falls asleep
Engineers of California, US-based on-demand Internet streaming service Netflix hacked a Fitbit activity tracking device and activated a feature that auto-pauses the video when the watcher falls asleep and allows him to resume watching when he wakes up.
Latest News
Android still remains at the top for smartphone sales, getting 70% of sales in the last three months that ended January. However, the real war is among Android makers, TechCrunch reported citing data from Kantar.
Sunnyvale, US-based mobile security solutions provider Good Technology announced its purchase of Columbia, Maryland-based enterprise mobility management software maker Boxtone for an undisclosed amount to boost security in joint products and widen its client base.
Tech giant Apple added app testing platform maker Burstly, owner of mobile app testing tool TestFlight, for an undisclosed amount, according to sources.
Toronto, Canada-based personalized comic strip app Bitstrips is raising $15 million in a Series B funding round reportedly led by Kleiner Perkins Caufield & Byers to address growth and scaling issues.
InMobi has only been in business for less than a decade but it has already proven to be a worthy contender to tech giants in the mobile ad space, Voice & Data reported.
In a bid to attract more startups, Walldorf, Germany-based sofware giant SAP planned to open a cafe in Palo Alto, California, where startups companies can hang out, collaborate, and connect to over 1,000 companies worldwide.
San Francisco, California-based wearable tech firm Basis Science put itself up for sale and is currently in acquisition talks with Google, Apple, Samsung, and Microsoft, according to two sources familiar with the situation.
Cupertino, US-based smartphone giant Apple considered purchasing Palo Alto, California-based electric car manufacturer Tesla, according to a San Francisco Chronicle report citing an unnamed source.
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.
