Twitter shares nose-dived on Friday after the Financial Times reported a top suitor walked away, making it likely the one-to-many messaging service will be left to fly solo. Salesforce.com has ruled out bidding for Twitter, with chief executive Marc Benioff quoted as telling the financial daily that “we’ve walked away” because it wasn’t a proper […]
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According to BI, When Mark Zuckerberg posted a photo on his Facebook page celebrating the success of Instagram, his followers quickly noticed something strange about his laptop in the image: there was tape over both the camera and the microphone to protect against hackers. Is Zuck overly paranoid, or is this actually a good tip […]
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Saudi Arabia and Japan’s SoftBank Group will create a technology investment fund that could grow as large as $100 billion, making it one of the world’s largest private equity investors and a potential kingpin in the industry. The move is part of a series of dramatic business initiatives launched by Riyadh this year as Saudi […]
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Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact. The profit warning came two days after the South Korean electronics giant slashed its operating profit […]
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Verizon said Thursday the massive breach affecting 500 million Yahoo customers could have a “material” effect on the $4.8 billion deal to acquire key assets of the Internet group. The comments from Verizon general counsel Craig Silliman suggest the US telecom giant could seek to reduce the purchase price or walk away from the deal. […]
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Google is getting ready to make a big change in the way it indexes web pages for search results. In a few months, the company will implement a previously announced plan to index mobile pages separately from desktop pages, a Google employee said at a conference Thursday, according to Search Engine Land. Google also plans […]
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HP Inc. will cut about 3,000 to 4,000 jobs over three years to help bring costs in line with slumping demand in the market for computers and printers. According to Bloomberg, the company will eliminate positions across the board, Chief Executive Officer Dion Weisler said. The comments came Thursday during HP’s analyst meeting in New […]
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The epic patent clash between Apple and Samsung went before the US Supreme Court on Tuesday, as the smartphone giants debated the value of design in a case with major implications for the technology sector. The eight justices on the top court appeared divided on how to resolve the complex dispute over damages the South […]
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Yahoo Inc disabled automatic email forwarding at the beginning of the month, the Associated Press reported, citing several users. While those who have set up forwarding in the past are unaffected, users who would want to leave following recent hacking and surveillance revelations are struggling to shift to rival services, the AP reported on Monday. […]
Read More Samsung’s smartphone recall crisis has deepened after South Korean media said the tech giant had suspended production of its troubled Galaxy Note 7 model amid reports that replacement devices had caught fire. Citing an unnamed source at a Samsung supplier, the news agency Yonhap said the company on Monday decided to halt production of the […]
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Etisalat has also joined the 4G LTE family. This is coming just few days after Glo launched theirs. So now, out of the big four telecom operators, MTN, Glo and Etisalat now supports 4G LTE network which leaves only Airtel in the GSM 3G network category. Mtn was actually the first of the big four […]
Read More Telecom operator, Globacom, has switched on the mobile 4G Long Term Evolution (LTE) network nationwide. The operator said its subscribers in several parts of Nigeria can immediately connect to Glo 4G LTE network. Among the cities where the service is already live are Lagos, Port Harcourt in Rivers State, Abuja in the Federal Capital City, […]
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