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ECommerceTimes.com
Friday - August 5, 2016
Apple's tough negotiating stance apparently has hobbled its efforts to bring entertainment industry companies on board with its planned streaming TV service. Talks with Disney, 21st Century Fox and CBS reportedly have fallen through. Had the entertainment and cable TV industry given in, Apple's demands would have turned current practices topsy-turvy. [More...]

Friday - August 5, 2016
cloud-erp
Oracle's acquisition of NetSuite is a clear indication that the rapid adoption of cloud alternatives to traditional on-premises applications is shifting from front-office customer relationship management to back-office enterprise resource planning solutions. Now, the question will be whether Oracle can buy its way into a leadership position in this emerging marketplace. [More...]

Thursday - August 4, 2016
nintendo-pokemon-go
Nintendo investors who thought they would score big returns after the successful launch of Pokémon Go found that actual profits were more elusive than the colorful characters. Nintendo last week made it painfully clear that The Pokémon Co. and Niantic were far better positioned than it was to reap financial rewards. Much of that revenue potential lies in a wealth of in-app purchases. [More...]

Thursday - August 4, 2016
time-warner-hulu
Time Warner on Wednesday announced it has entered an agreement to buy a 10 percent stake in online-streaming service Hulu, in a bid to leverage its lineup of television and film content on multiple viewing platforms. With the new investment, Time Warner will join a joint venture that includes some of the nation's largest media companies, including The Walt Disney Co., 21st Century Fox and Comcast. [More...]

Wednesday - August 3, 2016
uber-china
Didi Chuxing on Monday announced a historic deal to acquire the Chinese ride-sharing operations of rival Uber, which threw in the towel after years of unsuccessful efforts to grow its business in what may prove to be the world's most challenging technology market. Under the agreement, Didi Chuxing acquired all of Uber China's assets, including its brand, data and business operations. [More...]

Tuesday - August 2, 2016
Amazon, which has appealed to U.S. regulators for years for permission to test package delivery with aerial drones, last week announced a new partnership with the UK government to launch a pilot program there. A cross-government team, supported by the UK Civil Aviation Authority, has granted Amazon permission to begin testing three critical performance factors. [More...]

Tuesday - August 2, 2016
us-government-cybersecurity
The U.S. government is in the process of hiring a small army of IT specialists to bolster its efforts to protect data held at federal agencies from cybersecurity threats. The feds hired 3,000 new cybersecurity and IT professionals in the first six months of the current fiscal year. The hiring spree is just one component of a "first ever" Federal Cybersecurity Workforce Strategy. [More...]

Monday - August 1, 2016
tesla-solarcity
Tesla Motors has announced that it has reached an agreement to purchase SolarCity. The deal could create the world's first vertically integrated sustainable energy company. The merger would drive efforts to develop rooftop solar systems, and better storage batteries for homes and businesses, as well as electric vehicles. It would, in essence, tie together Elon Musk's sustainable energy businesses. [More...]

Monday - August 1, 2016
apple-ceo-tim-cook-one-billion-iphones-sold
Sales of the iPhone for the current quarter may be down, but sales for the decade are up, way up. Apple last week announced that it had sold its billionth iPhone, a historic feat for a consumer electronics product from a single vendor. "We never set out to make the most, but we've always set out to make the best products that make a difference," said Apple CEO Tim Cook. [More...]

Friday - July 29, 2016
self-driving-car
There seem to be warning stickers for everything. There may soon be a new sticker for the autonomous car era: "Warning: Self-Driving Cars Get Hacked." Despite all the positive news about self-driving cars, there is a darker side to this story that's very important. It's one that can be particularly frightening if you happen to be riding in an autonomous car when it gets hacked. [More...]

Thursday - July 28, 2016
no-more-ransom-kaspersky-intel-europol-dutch-police
Ransomware has become a scourge on the Internet -- but two information security companies, along with a pair of law enforcement agencies, this week launched an initiative to do something about it. No More Ransom is the centerpiece of a collaborative effort involving Kapersky Lab, Intel Security, the Dutch National Police and Europol. The new portal aims to educate the public about ransomware. [More...]

Thursday - July 28, 2016
apple-earnings-iphone-sales
Apple on Tuesday reported lower earnings in the third-quarter as the global saturation of smartphones continued to put pressure on its core iPhone business. However, officials remained upbeat. The company reported stronger-than-expected metrics and has been able to grow its software and services business while expanding into key overseas markets. Apple reported net income of $7.8 billion. [More...]

Wednesday - July 27, 2016
Nintendo shares fell sharply in Tokyo on Wednesday, following its release of a first-quarter earnings report that disappointed analyst expectations. The company reported a drop of 31 percent in net sales and an operating loss of about $48 million, which it attributed to growing strength in the Japanese yen but which likely had more to do with dismal sales of the Wii U, which it is phasing out. [More...]

Tuesday - July 26, 2016
Polish authorities last week arrested the alleged owner of pirate website KickassTorrents, or KAT, 30-year-old Artem Vauln of Kharkiv, Ukraine. Vaulin faces charges in the United States of conspiracy to commit criminal copyright infringement, criminal copyright infringement and conspiracy to commit money laundering. Conspiracy to commit money laundering is punishable by up to 20 years in prison. [More...]

Monday - July 25, 2016
amazon-prime-students-discount-loans-wells-fargo
Amazon has teamed up with Wells Fargo Educational Financial Services to offer Amazon Prime Students a 0.5 percent discount on private student loan interest rates, Wells Fargo announced last week. Wells Fargo is the largest private student lender in the United States among commercial banks. The Amazon discount can be added to the 0.25 percent discount rate Wells Fargo already offers for enrolling in an automatic monthly loan repayment plan. [More...]

Monday - July 25, 2016
verizon-yahoo-acquisition
Verizon has entered into a definitive agreement to acquire Yahoo's operating business for approximately $4.83 billion in cash. The deal, which comes on the heels of Verizon's $4.4 billion AOL purchase last year, will allow it to expand its digital advertising business. The purchase will provide Verizon with Yahoo's ad tech tools, search, email and messenger assets. [More...]

Friday - July 22, 2016
Verizon reportedly is close to a deal to buy the core Web assets of Yahoo for $5 billion, which would end a months-long process of jockeying over the future of the struggling company. Verizon emerged as the winner of a lengthy bidding contest to acquire the assets, according to reports that surfaced Friday. An agreement is expected early next week. [More...]

Friday - July 22, 2016
elon-musk-tesla-master-plan
Elon Musk has unveiled a second master plan for Tesla, a follow-up to the vision he shared 10 years ago. The original master plan is now in the final stages of execution. The refresh sketches out a multiyear, four-pronged strategy that is about more than vehicles. Musk also plans to advance an integrated solar-roof-with-battery product and create a ride-sharing program, among other things. [More...]

Thursday - July 21, 2016
Facebook on Wednesday announced that the number of people using its Messenger app every month has surpassed 1 billion -- a major milestone for what is arguably the most important tool in the company's growth strategy going forward. A growing number of people are using Messenger to communicate with friends, send money, plan events, play games and tell jokes, the company said. [More...]

Wednesday - July 20, 2016
Shares of Netflix fell sharply Tuesday after it reported lower-than-expected second quarter earnings, which the company blamed on subscriber growth that fell short of forecasts. Netflix added 1.7 million subscribers in the quarter, pushing its total membership to more than 83 million, the company told shareholders. However, that growth was far less than the 2.5 million it had projected. [More...]

Wednesday - July 20, 2016
google-transparency-report-government-data-requests
The number of government requests to Google for citizens' personal data rose in the second half of 2015, according to the company's latest Transparency Report, released Monday. The number has been trending upward for the past few years as the number of people connected to the Internet has increased. The growth also coincides with almost-daily reports of terrorist attacks. [More...]

Wednesday - July 20, 2016
uber
Uber just celebrated its two-billionth trip in a 147-way tie, CEO Travis Kalanick announced Monday. Each of the drivers and riders who began their trip at 4:16 a.m. GMT on Saturday, June 18, got a $450 gift from Uber -- the number is significant because Uber now operates in 450 cities across the globe, Kalanick said. The company's growth trajectory is impressive. [More...]

Tuesday - July 19, 2016
Yahoo on Monday reported second quarter earnings that fell just short of Wall Street estimates but left investors and analysts waiting to hear about progress in finding a strategic investment partner. Negotiations over the potential sale of the company's core assets are under way. The company reported earnings from operations of $39 million, or 9 cents a share in the second quarter. [More...]

Tuesday - July 19, 2016
Softbank Group has agreed to buy British semiconductor maker ARM Holdings for about $31.4 billion in cash, the companies announced Monday. Softbank agreed to pay a hefty premium for ARM, with a price of about $67.28 per ARM share, which is a 42.9 percent premium over the $47.08 closing price as of Friday, the last business day before the deal was announced. The surprise move will help Softbank gain a solid IoT foothold. [More...]

Monday - July 18, 2016
Valve last week announced it would take action against third-party sites that run illegal gambling operations. A number of gambling sites have been leveraging the Steam gaming platform -- in particular, the Counter-Strike game -- to create massive operations that convert virtual skins into cash, Valve said. Valve denied allegations that it has in any way profited from those illegal sites. [More...]

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