In this morning’s Web roundup, Scott McNealy’s startup raises $15.4 million. Pure Storage struggles to top private valuation in its IPO. And stealthy startup Auris Surgical raises $150 million. Read More »
In this morning’s Web roundup, Scott McNealy’s startup raises $15.4 million. Pure Storage struggles to top private valuation in its IPO. And stealthy startup Auris Surgical raises $150 million. Read More »
Pure Storage is the latest firm to show just how challenging it is for the hottest billion-dollar-plus private companies to keep the momentum of their skyrocketing valuations going when it comes time for their initial public offering.
Advertisers have spent $69 billion on mobile ads this year so far, many of them geared to persuade consumers to make an immediate purchase. Yet few mobile users buy through their phones.
Quixey wants to get a chunk of those ad dollars by making it easier for smartphone users to shop on their devices. Read More »
Facebook Inc.’s program known as Internet. org is designed to provide free Internet access to users in developing countries. But in key markets like India and Indonesia –which have large populations and where web access is low– some users and digital rights groups complain that the program offers a walled garden of sites that users can visit rather than any website. Here are five things to know. Read More »
Samsung Electronics Co. and Facebook Inc.’s Oculus VR unveiled a new version of the Gear VR headset Thursday, aimed at bringing what executives said was the “power of virtual reality to the mainstream.” To reach the masses, the headset will be priced at $99 and work with the full slate of 2015 Samsung Galaxy phones: Galaxy Note 5, Galaxy S6 Edge+, S6 and S6 Edge. Read More »
Chinese President Xi Jinping met Wednesday in Seattle with top executives of U.S. and Chinese tech companies.
Here’s a look at the 28 executives — two of them women — who joined the gathering, which comes at a time of mounting tension over cyberattacks and restrictions on U.S. firms. Read More »
BlackBerry Ltd. is set to report its fiscal second-quarter results before markets open on Friday. The focus will again largely be on software revenue, as the Waterloo, Ontario, smartphone maker continues to rely on device-management software and phones aimed at business customers to help fuel its turnaround efforts. Read More »
Before Indian Prime Minister Narendra Modi touches down in Silicon Valley at the weekend, one of his country’s most-successful sons has welcomed him to the U.S. tech hub.
Sundar Pichai, the Indian-born Google CEO, says in a video message that “there is tremendous excitement” about Mr. Modi’s arrival in the valley “among all Googlers” a shorthand for people who work at the search engine giant.
Mr. Modi will meet with Mr. Pichai and other Indian-born CEOs, including Satya Nadella of Microsoft Corp., during his valley visit and tour Google’s headquarters where he will look at inventions in healthcare and smartgrid technology. His visit comes after Chinese President Xi Jinping held a roundtable in Seattle with U.S. and Chinese CEOs including Tim Cook of Apple Inc. and Jeff Bezos of Amazon.com on Wednesday. Read More »
Just in time for its U.S. launch next week, Samsung Electronics Co. said that its new mobile payment service has processed more than $30 million worth of transactions in its first month in South Korea, a level of market adoption that the company said was “beyond our expectations.”
The service, Samsung Pay, competes directly with Apple Inc.’s Apple Pay and offerings from Google Inc. and a group of major U.S. retailers. Unlike those rivals, however, Samsung’s technology is designed to work even with credit card readers that haven’t yet adopted next-generation near-field communication, or NFC, technology.
Is there anything the U.S. can do to stop Chinese hackers from getting into sensitive computer networks? The short answer, according to former Federal Bureau of Investigation cyber sleuth Austin Berglas, is not really. Read More »
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