Angry Birds Developer Rovio Layoffs 213 Employees

Oct 21, 2015 17:03 pm UTC| Technology Business

Rovio Entertainment Ltd., the Finland-based creator of the smash hit mobile app game Angry Birds, announced on Wednesday that they decided to dismiss up to 213 jobs after the end of their negotiations with employees last...

All Eyes On Nike's Self-Lacing Shoes

Oct 21, 2015 12:21 pm UTC| Business

Two questions Do you like sneakers? Do you like Back to the Future? If the answer to both of these questions is positive, then here is exciting news: Nike has teased fans with Tweet sent directly to Back to the Future...

Ferrari Goes Public, Raises Close To USD900 Million in IPO

Oct 21, 2015 02:46 am UTC| Business

Fiat Chrysler Automobiles NV unit Ferrari went public on late Tuesday, earning a market valuation of about USD900 million ahead of trading on the New York Stock Exchange on Wednesday, Detroit News said. The Ferrari...

Square Fast-Tracks IPO With Hiring of Ex-Yahoo Exec

Oct 19, 2015 20:50 pm UTC| Business

Does Marissa Meyer know? Multiple reports have said that Jacqueline Reses, the chief development officer of Yahoo, has been hired by Jack Dorseys Square Inc to head it s business financing division, Square Capital....

Oprah Winfrey Buys Weight Watchers Stake for USD43 Million

Oct 19, 2015 20:49 pm UTC| Business

Someone has put a lot of faith in Weight Watchers. Media mogul Oprah Winfrey reportedly bought a 10 percent stake in the dieting company. Reuters said that the Oprah Winfrey Network (OWN) CEO bought 6.4 million of...

Apple accelerates iOS 9.1 beta releases

Oct 14, 2015 12:07 pm UTC| Technology Business

Apple has released iOS 9.1 beta 5 on Monday for iPhone, iPad, and iPod touch with build 13B139, 13B137. As always the Cupertino company warned users that devices updated to iOS 9.1 cannot be restored to earlier versions of...

Nike set to print 3D shoes, receives patent

Oct 14, 2015 07:14 am UTC| Technology Business

A major technological innovation in recent times is the 3D print technology. It is the process of making three dimensional solid objects from a digital file. Many IT companies like Microsoft and Google have enabled their...