Google would spend more than US$500 million to market Moto X and begin its separation from the android pack.
Software & IT services
Google takes 25% internet traffic in North America
Google has 25% share in the internet traffic coming from North America. Data from Deepfield, an analytics firm, indicated that Google took 25% internet traffic in North America.
‘Tiger cub’ Laffont bullish on content, Apple no
‘Tiger cub’ Laffont was bullish on content but not Apple. Philippe Laffont, a hedge fund manager at Coatue Management, did not seem too optimistic when asked about his opinion of Apple.
Apple ditches AU Optronics, crawls back to Samsung for iPad mini2 components
Apple dumped AU Optronics after its failure to meet the standards of the technology giant which further resulted to Apple's negotiations with Samsung about iPad mini 2's components.
Kobie Fuller boards Accel Partners team
Kobie Fuller joins the investment team at Accel Partners as Principal. Internet executive and Harvard University graduate Kobie Fuller has joined Accel Partners as a Principal.
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The world's biggest smartphone producer by shipments, Samsung Electronics Co., was anticipated to reveal it best operating revenue ever.
Samsung outdid Apple's iPhone sales for this year's second quarter after reporting 23 million units sold.
Apple was expected to stay as the dominant figure in the technology industry if it was able to innovate more and add pressure to its competitors.
Apple Inc's report regarding its sales for the third quarter surpassed the expectations of analysts after selling 4.7 million more than what was expected.
A recent survey revealed that Infobionics had raised around US$2.5 million in capital from investors that included Tech Coast Angels.
Facebook's understanding of the needs of each market was expected to boost its revenue and attain 1.1 billion users.
The project of social networking giant, Facebook for every phone, was expected to give a huge boost to the company after gaining 100 million users each month.
Hall revealed that it had sealed its funding round, collecting around US$5.5 million from capital venture funds.
SEB Venture Capital stated that it had invested in Donya Labs AB. SEB Venture Capital revealed that it had invested in Donya Labs AB, an international player in the optimization of 3D graphics for video games.
