Tech Biz

Apple to lay off about 200 people at Beats -report

Apple Inc intends to lay off about 200 people at Beats Electronics LLC following its $3 billion acquisition of the headphone and music streaming services company, Bloomberg cited a person with knowledge of the restructuring as saying.Full article

Top Stories

Start-up behind 'dunkable' phone explores IPO

As of 08/01/2014 2:26 PM
SINGAPORE - P2i, a technology spin-off from Britain's Ministry of Defence, is looking to raise as much as 10 million pounds ($17 million) from Singapore investors as it readies the launch of its "Dunkable" or waterproof technology for smartphones and tablets. Full article

GoPro reports bigger loss as costs double

As of 08/01/2014 11:43 AM
GoPro Inc, which makes wearable cameras used by surfers, skydivers and other action junkies to post their exploits online, reported a bigger quarterly loss as costs nearly doubled. Full article

Globe Charge partners with Visa

As of 07/31/2014 3:43 PM
Globe Charge is expanding its payment options with its partnership with Visa. Full article

Samsung profit hit as smartphone growth slows

As of 07/31/2014 10:26 AM
SEOUL - Samsung Electronics Co Ltd. on Thursday reported its worst quarterly profit in two years and was downbeat about its second-half prospects, fuelling concerns about its ability to protect its smartphone turf in the face of mounting competition.   Full article

Snapchat in financing talks with Alibaba

As of 07/31/2014 9:45 AM
Snapchat, an app that lets users send messages that disappear after a few seconds, is in talks with investors, including Alibaba Group Holding Ltd, for financing that could value the company at $10 billion, Bloomberg reported.   Full article

Britain to trial driverless cars from 2015

As of 07/30/2014 9:36 PM
LONDON - Driverless cars will be allowed on British roads from January 2015 as part of a pilot initiative in three cities, the government announced Wednesday. Full article

Nintendo posts quarterly net loss on Wii U costs

As of 07/30/2014 6:48 PM
TOKYO - Japanese video game giant Nintendo on Wednesday posted a $97 million quarterly net loss, with higher costs tied to sales of its Wii U console digging into its bottom line while sales weakened. Full article

PLDT unit to set up scrubbing center

As of 07/30/2014 5:30 PM
A unit of Philippine Long Distance Telephone Co. (PLDT) will launch the country's first facility that would analyze Internet traffic to remove bogus and malicious data. Full article

Sony, Panasonic, Japan Display to form new company

As of 07/30/2014 4:54 PM
TOKYO - Sony Corp., Panasonic Corp., and Japan Display Inc. plan to set up a new company later this year to develop small and medium-sized organic light-emitting diode displays for use in tablet devices, sources close to the matter said Wednesday. Full article

Why a Chinese regulator is investigating Microsoft

As of 07/30/2014 9:37 AM
A Chinese regulator is conducting an anti-monopoly investigation into Microsoft Corp over its Windows operating system, in the latest of a growing number of competition probes that have unnerved Western firms in China.   Full article