Technology / Media

Amazon to open its first physical shop

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Amazon.com says it plans to open its first physical shop. The bricks and mortar store will be located in New York across from the...

Symantec splitting into two separate firms

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American technology firm Symantec Corporation announced on Thursday that it will split into two separate companies. The maker of Norton antivirus says it will...
Samsung Group

Samsung warns of 60 percent fall in profit in third quarter

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With Apple’s iPhone making gains in the high-end smartphone market and Chinese brands in the low-end segment, Samsung warned today of a 60% fall...
Samsung

Samsung Electronics to invest $14.7 billion in chip plant

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The South Korean multinational electronics giant Samsung Electronics Co. Ltd. announced a plan to spend $14.7 billion on a new chip plant at its...
Hewlett-Packard logo

Hewlett-Packard to separate PC and printer businesses

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American multinational information technology giant Hewlett-Packard Co. is planning to split its less profitable corporate hardware and services operations from its more successful printer...
rsz_bitcoin

Bill Gates becomes Bitcoin advocate

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The digital currency Bitcoin now has a famous backer, the world’s richest person Bill Gates says he finds the virtual currency “exciting” and loves...

Yahoo reinvesting in Snapchat

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Yahoo Inc. says it is to reinvest some of the cash raised from the flotation of Alibaba Group Holding Ltd. in the photo messaging...
Twitter

Twitter Funds MIT social media project with $10 million investment

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Twitter is investing $10 million in MIT Media Lab to create the Laboratory for Social Machines (LSM) which aims to make sense of semantic...
Mr. Singer threatens Google

Google lawsuit threat over leaked celebrity photos

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Google has been threatened with lawsuits by Martin Singer, a lawyer who represents several female celebrities whose private pictures were hacked and posted online....
Rocket Internet

Rocket Internet shares fall on debut

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Shares in the German e-commerce focused venture capital firm Rocket Internet fell on its debut on the Frankfurt Stock Exchange on Thursday. Europe’s largest...