Sirius XM Making Big Investment In Pandora

Reports have emerged that Sirius XM (NASDAQ:SIRI) is making a big investment into Pandora Media (NYSE:P). Sirius will reportedly invest $480 million in Pandora in return for a 19 percent stake in the streaming music service. Jim Meyer, Chief Executive Officer of SiriusXM, said, “This strategic investment in Pandora represents a unique opportunity for SiriusXM […]

Western Digital Files Lawsuit To Halt Toshiba Chip Business Sale

Western Digital Corp. (NASDAQ:WDC) has filed a lawsuit to stop partner Toshiba Corp. (TYO:6502) from selling its chips business without its consent. Western Digital announced on Monday that it had initiated arbitration procedures with the International Chamber of Commerce. The two companies jointly operate Toshiba’s main semiconductor plant. Western Digital is unhappy that Toshiba is […]

Juicero Offering Refunds After Media Firestorm

San Francisco-based startup Juicero Inc. is now offering refunds for its juicing machines after nearly a week of bad press. Juicero’s Wi-Fi-enabled machine produces cold-pressed juice out of packets sold exclusively to owners via subscription, with juice packs delivered weekly. For the next 30 days, anyone not satisfied with their Juicero machine can return it […]

Uber Suspending Self Driving Car Programs

Uber Technologies Inc. has announced that it is suspending its self-driving car program in Arizona for the foreseeable future. The ride-hailing company is also pausing its Pittsburgh operations. Uber began testing self-driving cars in Pittsburgh last year and expanded to Arizona shortly after. The announcement came after one of Uber’s autonomous vehicles was involved in […]

General Motors And Honda Partner Up On Fuel Cells

General Motors (NYSE:GM) and Honda (NYSE:HMC) have announced a manufacturing joint venture that will mass produce an advanced hydrogen fuel cell system to be used in future vehicle models. The companies equally split $85 million in investment for the new manufacturing venture, called Fuel Cell System Manufacturing LLC. The joint venture was announced Monday in […]

Samsung’s Woes Greatly Benefit Apple

Apple (NASDAQ:AAPL) is now the most profitable smartphone seller in the world by far. In the third quarter of 2016, Apple took 103.6 percent of the profits from all smartphone sales, according to estimates. Samsung was barely profitable for the quarter, capturing just 0.9 percent of the profits. The quarter marks the first time that […]

Tesla Unveils New Solar Products

Tesla (NASDAQ:TSLA) Chairman and CEO Elon Musk wants to expand from electric vehicles to clean energy systems for homes and offices. Edging closer to that goal, the company unveiled new solar panel tiles and energy storage units for homes at its latest show. The unveiling showed the products on four of the Wisteria Lane houses […]

Tech Giants Join Microsoft In Fight Against DOJ

Microsoft (NASDAQ:MSFT) has lots of allies in its fight against government intrusion. Tech giants Apple, Amazon, and Google have announced their support for Microsoft in its legal fight with the U.S. Department of Justice. News organizations The Washington Post, Fox News, and the National Newspaper Association also filed in support of Microsoft, along with Delta […]

Amazon Launches New Car Comparison Site

Amazon (NASDAQ:AMZN) has launched a new car comparison site called Amazon Vehicles. The company’s press release says, “Finding cars on Amazon Vehicles is simple — just search like you would any other product.” The platform will include specifications, images, videos, and customer reviews for a wide range of car models. The new site includes a […]

New BMW Ad Teases Electric Car Competition

BMW launched a couple of advertisements poking fun at its electric car competition as it gets ready to start selling its 330e iPerformance plug-in hybrid. The 330e iPerformance PHEV goes on sale this summer and will start at $44,695. One ad has a tag line that says: “You will wait, and wait and wait some […]

Nintendo Gets Big Boost From Pokemon Go

Nintendo (NTDOY) shares got a big boost on Monday on the strength of its new Pokemon Go app. Shares of the company closed up 24.52 percent on Monday, rising to 20,260 yen ($199.70) a share. On Friday, the company’s stock rose 8.9 percent before the close of trading. In the past two sessions, the company […]

Cyber Attack Exposes Tax Returns at IRS

Criminals used data that was stolen to get access to prior tax returns for over 100,000 people through an application on the website of the Internal Revenue Service, said the agency on Tuesday. Using social security numbers, birth dates, street addresses and other information that was obtained elsewhere, the hackers completed a authentication process and […]

FAA Hands Out Drone Rules

On Sunday, the Federal Aviation Administration released its long anticipated proposal for the governing of small commercial drones, which sets up a plan for the remote-controlled crafts to share the skies with the many passenger planes. The proposal by the FAA would give approval for drones that weigh as much as 55 pounds to fly […]

Eric Schmidt: Internet Will Eventually Disappear

Eric Schmidt the executive chairman at Google said this week that he predicts the Internet, as we know it will end. When asked at the Davos, Switzerland World Economic Forum what he predicts about the future of the Internet, he simply answered that it would eventually disappear. Schmidt said there would be such a large […]

Intel Puts Computer into USB

Stick computers do not impress anyone anymore and are nothing new. Inexpensive mini computers from brands that are not popular have run the mobile operating system for Google on inexpensive however highly effective and efficient processors from AllWinner or RockChip for some time. However, Intel is planning to step things up with its Compute Stick […]

What Do Users Really Know About the Internet?

Less than 25% of Americans have learned that the worldwide web and the Internet are not similar at all. A Pew Research study shows that web users in America have different levels of understanding of tech history, famous faces and online terms: while 82% of people know that hashtags are constantly used in Twitter, only […]

How New Facebook Privacy Policy will Affect Users

Once again, Facebook wants to change their policy covering privacy. Before they make these changes, they want to let all users of Facebook see what the proposed changes would be. Facebook users can comment on all changes starting from October 13 for a period of seven days. Facebook published a simplified version of their private […]

Sales Double but Xbox Still Loses Out to PS4

Microsoft’s created a new SKU for Xbox One at $100 less than its original $499 price, which put it in line with the latest PlayStation 4 by Sony, which had enjoyed a price edge up to that point. The Microsoft strategy paid off as in June sales doubled from those in May. However, only two […]

Google Negotiating to Buy Twitch

Google wants to buy Twitch, a service that gives gamers the chance to stream their games. The negotiation is in its early stages. However, according to people who are familiar with the situation, Twitch is also considering just selling part of its company, not the entire thing. In another report online, a tech site said […]

First Innovation Facility for Microsoft Based in U.S. to be in Miami

Microsoft Corporation has announced it will open its first training facility that is state of the art in Miami. It will also be the first such facility in the U.S. for Microsoft. The software maker giant already has more than 100 of the innovation centers around the world. The center will be downtown in the […]

Microsoft Targeting Affordable Phone Market

Software giant and U.S.-based Microsoft, the new official owner of the mobile device segment of Nokia, will set as its target the $50 billion affordable mobile phone market to help restore the lost glory of the business, which at one time was the largest handset maker in the world. Prior to being purchased by Microsoft, Finland-based […]

Apple and Samsung Extend Lead in U.S. Smartphone Market

Samsung and Apple hardware accounted for 68 out of every 100 smartphones that were sold in the U.S. during the last quarter of 2013. That figure is 11% higher than the fourth quarter of 2012, just over a year ago. Apple was able to widen its gap with Samsung after brisk sales were experienced for […]

Google Working on Smart Contact Lens

We have all heard of Google Glass so it should come as no surprise that a Google company, Google X is developing prototypes of a smart contact lens.  The contact lens will use a tiny wireless chips and miniaturized glucose sensors to help diabetics measure their glucose levels. The two chips are embedded between two […]