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Fitbit on Wednesday announced an acquisition deal with smartwatch maker Pebble. The company clearly has been struggling, having laid off 25 percent of its staff earlier this year, when CEO Eric Migicovsky acknowledged that money was tight. "Fitbit is acquiring certain assets of Pebble, including key...
Apple drew some pointed questions this week following CEO Tim Cook's vague response to reports suggesting Apple Watch demand has plummeted. The Apple Watch is on track to set a holiday sales record and post its best quarter ever, Cook said. Sell-through of the watch also is on track to reach a new h...
The U.S. Supreme Court on Tuesday spoiled Apple's hopes for a big payday, scotching the $399 million award in its successful patent infringement suit against Samsung. Justice Sonia Sotomayor delivered the Court's decision, which turned on what lawmakers meant by the term "article of manufacture." Ac...
Amazon on Monday unveiled a prototype convenience store called "Amazon Go," which uses mobile e-commerce, machine learning and computer vision to allow customers to make purchases without a cashier. The 1,800 square foot concept store in Seattle uses the company's Just Walk Out technology, which inc...
Fitbit, the leader in the wearables category, is close to an agreement to buy struggling smartwatch maker Pebble for up to $40 million, in a move to gain the firm's intellectual property and software. The negotiations follow several months of financial turmoil at Pebble, which reportedly slashed its...
Giving in to years of customer pressure, Netflix on Wednesday announced that it was making a limited number of television shows and movies available for viewing offline without a live connection to the Internet. Customers have been asking for a way to view content on airplanes or other locations whe...
The California Department of Insurance this week announced fines totaling $7 million against startup Zenefits, a provider of cloud-based human resources services. The company's former leadership "created an anything goes culture at the Internet startup, resulting in numerous violations of licensing ...
Samsung has announced road map for a corporate restructuring that might include splitting itself into two. The company has retained external advisors to review the optimal corporate structure for its activities. The review is expected to take six months. Depending on the findings, Samsung may create...
Although online retailers on Monday offered deals to jumpstart the online holiday shopping season, Cyber Monday as a one-day event could be losing some of its attraction. Many retailers jumped the gun, and have been offering special online deals for days. Cyber Monday in recent years has ranked as t...
Shoppers came out in droves over the Black Friday weekend, spending a record $9.36 billion from Nov. 24-27, a 16.4 percent increase from a year ago, according to data from Adobe Digital Insights. Black Friday sales hit a new record of $3.34 billion, a 21 percent jump from a year ago. This was the fi...
Many consumers will rush to shopping malls and give their mobile devices a workout later this week. Fifty-nine percent of the U.S. population, or 137.4 million shoppers, is expected to hunt for bargains over Black Friday weekend, according to new survey from the National Retail Federation. The fig...
With the launch of Stream Saver, AT&T Mobility has given users control over their streaming video quality. Stream Saver is similar to Sprint's video optimization and T-Mobile's Binge-On plans. Now, the only major carrier not offering a video optimization service is Verizon Wireless. Stream Saver...
BlackBerry has a new phone in the works, and it will have a physical keyboard, according to reports that surfaced last week. The company recently announced that it would exit the smartphone hardware market and transition to developing back-end mobile security software. However, BlackBerry CEO John C...
Google on Thursday fired back at the European Commission's charges that it violated antitrust law by imposing coercive rules on mobile operators and developers who use or write applications for its Android operating system. The EC this spring charged that Google's requirements to use its search engi...
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