Tesla Shares Drop Following Consumer Reports Recommendation

Oct 21, 2015 17:07 pm UTC| Business Technology

The Street said shares of the beloved automobile Tesla Motors dropped 1.2 percent on Wednesday morning to USD210.51 on Wednesday. The price drop was noted following Consumer Reports move to remove its recommendation for...

Nokia Moves Closer To Complete USD16.6 Billion Alcatel-Lucent Acquisition

Oct 21, 2015 17:06 pm UTC| Technology

Mobile phone maker Nokia is close to completing a significant deal that would make them a new tech giant in all of Europe. Venture Beat reports that the Finnish company has just received its clearance from the French...

SanDisk Gets USD19 Billion-Dollar Acquisition Offer From Western Digital

Oct 21, 2015 17:04 pm UTC| Technology

This Wednesday, SanDisk received an offer to buy the company for a whopping USD19 billion dollars. Hard-disk drive maker Western Digital Corp announced that the offer is at USD86.50 per share and stock for each share held....

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...

Microsoft To Launch 'Wallet' Concept For Windows 10 Soon

Oct 21, 2015 11:32 am UTC| Technology

Microsoft is working on mobile payment app service for Windows 10, a top Microsoft executive said in a joint interview with The Verge and Recode. The concept of mobile payment app is not new for the tech giant as it has...

Google Flying High With Project Wing

Oct 21, 2015 10:12 am UTC| Technology

Google seems to making decent progress in its Project Wing, the home delivery drone program. The project aims the drone to fly five miles in five minutes. A latest test, caught on camera by Sequoia Capital venture...

Yahoo signs 3-year deal with Google

Oct 21, 2015 07:56 am UTC| Technology

Yahoo Inc CEO Marissa Mayer announced on Tuesday that the company has signed a 3-year deal with Google to work together in Internet search and advertising, the Salt Lake Tribune reported. The announcement followed the...