Google is set to develop its own processor to compete with major chip vendors like Apple and Qualcomm. The company plans to standardize the Android OS user experience making it similar to that of Apple iPhone and iPad, respectively.

Activision Blizzard Inc, a leading player in the mobile game publishing giant, is buying King Digital Entertainment Plc, a mobile publisher, for $5.98 billion. After beating the market expectations for third quarter results, Activision has announced its decision of acquiring King. Activision is keen on expanding the mobile gaming activity as the acquisition will create biggest games powerhouse in the world. It's estimated that after the acquisition, it will be next to the market leader Tencent in the global market. The company's stock rose to its all-time high as investors responded positively to the acquisition news.

IBM has just released news that the IT company is currently under investigation by the Securities and Exchange Commission on its accounting procedures in the US, Ireland, and Britain.

The European Commission ruled on Wednesday that Starbucks Corp and Fiat Chrysler Automobiles benefited from illegal tax deals with the Dutch and Luxembourg authorities, sending shock waves to MNCs who have been using such profit-shielding tax deals in the past.

Google Inc offers free apps for work business that are currently locked into agreements with other office software vendors. The free apps will make it easier and cheaper for big companies to walk away from Microsoft Office.

LG G Pay makes its way into the mobile phone payment service. LG Electronics is speculated to release the mobile app in LG G5 units soon.

Google faces FTC scrutiny due to its Android platform. Unnamed complainants argue that the search engine giant blocked their access to Android platform.

Google's transition to Alphabet created a stir in the business world, but Larry Page was quick say that they are just moving up scales with regards to the company's vision. Alphabet will be Google's newest parent company. Google founders Larry Page and Sergey Brin lead Alphabet and Sundar Pinchai will step up as Google's CEO.

Google secured a patent for their Watch Time which gives the scores to video contents and uses a scoring system to determine the searchability of the video content. If users tend to watch a video for a longer period of time, it will get a higher score that will make it searchable, and vice versa.

With the hack scare rising (specifically the Stagefright hack), Google and phone vendors has drastically changed the way they approach things by releasing security updates, on the devices that are prone to hacks and viruses, on a monthly basis.