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Technology / Media

PayPal president joins Facebook

David Marcus, PayPal president joins Facebook, he is leaving on June 27th to head the social networking giant's messaging products division, a standalone app which is featured within Facebook’s desktop platform. Until somebody is found to…

Game relisting valued at £340m

Game relisting has been valued at £340 million. The British video games retail company says it will relist on the London Stock Exchange on June 11th, two years after the company went into administration. Game had been previously valued at…

Verizon versus Netflix row heats up

In the Verizon versus Netflix row, the US telecommunications giant told Netflix in a “cease and desist” letter to stop telling its customers that Verizon’s crowded network is the sole cause of their slow download speeds. In the letter,…

Apple Beats acquisition confirmed

Apple confirms it will buy Beats Music and Beats Electronics, the music streaming service provider and headphone maker. This is the largest takeover by Apple to date, the biggest since the purchase of NeXT for $400 million in 1997, which…

Smartphone addiction among European kids

Smartphone addiction is a growing problem among European children, with fifty percent reporting experiences linked to overdependence, says a report by Net Children Go Mobile (PDF). Increasingly, children across Europe say they feel…

Lenovo profits jumped 29 percent

Lenovo profits jumped 29 percent to $817 million and revenue rose by 14% to $38.7 billion for the year to March 2014. The world's largest personal computer manufacturer sold 55 million PCs, 50 million smartphones and 9.2 million tablets.…