Tag : investment

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New Self-Driving Car Mapping Unit Backed by Amazon and Microsoft

  Amazon and Microsoft are two major companies that are yet to enter the arena of autonomous car development yet, but this could be set to change soon. Reuters have reported that according to sources, Here,…

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Yahoo Mail Restricting Access If You Use An Ad-Blocker

So remember those days when you waited five minutes to load a video or had to browse through those five tabs to find the one which was playing a video you had no idea even existed?…

Razer

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Razer Launching Corporate Investment Fund in 2016

Razer is one of the leading peripheral manufacturers in the world and continues to grow at an impressive pace. More specifically, in 2014, the company was valued at over $1 billion due to an undisclosed investment from…

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Chinese Firm takes up 15% Stake in Western Digital

In a move that is sure to surprise some, Unisplendour Corporation Limited (Unis), a Chinese firm, is taking up a 15% stake in Western Digital. With an investment of $3.775 billion, Unis will be the largest single…

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AMD Investment Talks Break Down

Remember that rumour about AMD getting a major investment from Silver Lake? It turns out now that talks between the two parties have broken down and are going nowhere right now. According to the source, the…

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Private Investment Firm Silver Lake May Take 20% Stake in AMD

Big changes are happening down at AMD with the creation of the new Radeon Technologies Group announced earlier. While such a move will probably pay dividends in the future, it does nothing to solve current issues.…

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Free Wi-Fi Hits the Streets of New York… In Bins?

A lot of companies were looking into providing free Wi-Fi, a project that seems to have been of big interest as of late. However, nobody would have predicted where free Wi-Fi would come from on the…

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iPhone 6C Rumoured to Have a 4-Inch Display and Metallic Body

There are always speculations about what the next Apple devices will boast. However, sometimes these speculations turn out to be true, so here it is. According to a blog post on MyDrivers.com posted a pic, emphasising…

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AOL Being Bought for $4.4 Billion by Verizon

Verizon is moving into the content and media business with its planned purchase of AOL. If regulators approve the $4.4 billion USD deal, Verizon will join the likes of Comcast which is not only a telecommunications…

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Alibaba to Invest in Micromax, India’s Major Phone Maker

Alibaba, Chinese e-commerce firm is going to buy a stake in India’s major smartphone maker, Micromax. The e-commerce giant is believed pick up a 20 percent stake in Micromax. If the deal completes, Alibaba will be investing as…

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Microsoft Did Not Contribute to Cyanogen’s $110 Million Crowd-Funding

Microsoft is said to have been interested in investing $70 million into Cyanogen in order to take a stake in its operating system. However, the amount of money intended to be offered would have granted the…

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Apple Investing $2 Billion in 100% Renewable European Data Centres

Apple has announced that it is to invest $2 Billion into two new data centres in Europe, that will be powered by 100% renewable energy. The company’s CEO, Tim Cook, says that the new centres will…

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China to Launch a $6.5B Venture Capital Fund for Start-Ups

The Chinese government is set to launch a 40 billion Yuen ($6.5 billion) venture capital fund to support emerging industries and start-up tech companies. The scheme is to be funded by the government and private investors.…

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Dyson Makes £1 Billion Investment in Future Tech

Dyson, the company best known for producing hi-tech vacuum cleaners, fans, heaters and hand driers, has announced that it is investing £1 Billion in “future technology”. This comes alongside an earlier £250 million investment in a new R&D…

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iPhone 6 Sales Over Triple iPhone 6 Plus in the US

Over the last 30 days, Americans have voted with their wallets – showing that they find the iPhone 6 much more favorable to their needs. Apple’s iPhone 6 has amounted for 68% of total iPhone sales in…

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Amazon Stuck With $83m Worth of Fire Phones

  If you’ve got a spare $83 million in your back pocket and not much to do with it, Amazon may just become your new best friend! We’ve recently become aware that the online retail giant Amazon…

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IBM Spends $3 Billion in Finding New Ways to Power Future Generation of Processors

It seems like the age of silicon will not last as long as we would expect. That is at least what IBM is thinking, having the company spending a great sum on money in developing new…

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Secret Artificial Intelligence Project has been In The Works for 30 Years

Cycorp look like any other research company, striving to create newer technologies in order to sell them to other companies and make life easier for people. However, the company has revealed that they were working on…

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Google Seek Investment in Virgin Galactic

It looks like Google are cracking out the their cheque book in style once again this week as they make a break for domination of outer space. Not only did they fork out a whopping $500…

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Dyson Invests £5m In Robotics Lab At Imperial College London

Dyson are a household name, no doubt the first thing you’ll think of when you here the company’s name is vacuum cleaners, but there is a whole lot more to Dyson as they’re an engineering company…

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Foursquare To Have Its Location Data Licensed By Microsoft, Receives $15 million Investment

Foursquare just found itself a new investor by the name of Microsoft. The Windows developing giant has reached a licensing agreement with Foursquare, having Foursquare’s ‘valuable’ data being used in products like Bing or Windows Phone…

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Sony’s Credit Rating Downgraded To Junk Status

The PlayStation 4 is a great product for Sony, sales are incredibly promising and it is providing a lifeline that the company really needed as we entered 2014, however that hasn’t stopped Sony’s credit rating being…

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Bitcoin Estimated At A Value Of $100,000 In The Future

Chris Dixon, partner at Andreessen Horowitz, states that Bitcoin has the potential to become the leading means of making payments online in the future. He says that a single Bitcoin could be worth more than its…

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Investors Spend $75 million to build consumer version Oculus VR

The people behind the highly anticipated virtual reality headset known as the Oculus Rift secured a $75 million Series B round of funding led by Andreessen Horowitz, the same investment firm that was instrumental in recently…

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Alan Mulally Won’t Be Next Microsoft CEO, Market Cap Drops $12B

Many Microsoft investors have dumped their stocks after it was revealed that the current Ford President and CEO Alan Mulally will not be joining the company as their next CEO. Edsel Ford II stated that Alan…

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Bill Gates Takes The World Richest Man Titles Once Again

Carlos Slim has got some catching up to do if he wants to become the worlds richest man once again as Bil Gates sees a swift increase in wealth that has set him in the lead. Of course,…

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Rumour of Corsair Buyout Is False, But They Are Seeking Major Investment

You might remember a couple of days ago we reported on a story that Corsair were rumoured to be involved in buyout talks with Francisco Partners? This came after Corsair indefinitely postponed an IPO after the…