Polaroid has recently launched Cube camera, which can shoot 1080p video and capture 6 megapixel photos with its 124-degree wide angle. This product release by Polaroid is seen as an effort to make its mark in action camera industry, which is occupied by GoPro Inc (NASDAQ:GPRO). Discussing Cube camera and Polaroid’s plans in a program on Bloomberg, Polaroid CEO Scott Hardy said his company was planning to launch a colossal product in the action camera line for some time. Answering the question about how Cube camera is better than a GoPro Inc (NASDAQ:GPRO)’s camera, Hardy said that his company has done everything…
Author: Sean Johnson
Alibaba Pictures, the films production part of the Chinese e-commerce giant, Alibaba has announced that it is delaying its first half results and suspending its trading on the Hong-Kong stock exchange amid the discovery of some suspicious accounting problems and errors. Alibaba Pictures Group, formerly the ChinaVision Media Group, said that it has discovered “possible noncompliant accounting treatments,” in its records. Alibaba paid $800 million for acquiring this part in order to make a leap into the world of films and entertainment. Yahoo! Inc. (NASDAQ:YHOO) has a $26 billion stake in Alibaba and the company might get worried about the…
Samsung has announced that it is acquiring Internet of Things startup, SmartThings, for $200 million. SmartThings is famous in manufacturing apps and products to control different appliances remotely. Bloomberg’s Betty Liu reported the news in a program on Bloomberg and said that Samsung has taken this step to battle Google Inc (NASDAQ:GOOGL). Samsung’s latest acquisition is seen as an effort to tackle Google Inc (NASDAQ:GOOGL)’s penetration in the Internet of Things segment. Google Inc (NASDAQ:GOOGL) has been investing in cars, home automation and wearables in the recent past, one of the latest acquisitions being home automation company Nest, which is SmartThings’ competitor. The SmartThings team is currently based in Washington but…
Quirky, a US based collaborative innovation startup known for focusing on connected devices is reported to be interested in buying General Electric Company (NYSE:GE)’s home appliance business. Discussing this in a program, Bloomberg’s Alex Barinka said that Quirky has always been interested in extending its product line and grab new customers from the home appliance industry. “A lot of the things we have seen on Quirky are a better charging station, a, you know, a new air conditioner, this would give them kind of that baseline, a head start on creating these products, that the crowd funded people want to see, so…
Amazon.com, Inc. (NASDAQ:AMZN) launched its Fire Phone in June this year. The company took this step in order to enter into the smartphone industry and to compete with other companies that are already established on the market with their products. Consumer Reports has recently published a review on Amazon.com, Inc. (NASDAQ:AMZN)’s Fire Phone. Discussing this review and drawbacks of Amazon’s Fire Phone in a program on CNBC, Consumer Reports senior editor, Mike Gikas, said that Fire Phone gives a very limited number of options to its users. The primary drawback of this phone is that it doesn’t allow any access…
Saudi Airlines is implementing a Business Intelligence solution with Microsoft Corporation (NASDAQ:MSFT), which will allow the famous Middle Eastern airline to improve its business efficiency, data usability and save billions of dollars each year. Microsoft has published a report on this partnership and said that Saudi Airlines is using Microsoft Corporation (NASDAQ:MSFT)’s SQL Server 2012, Power BI for Office 365, Windows Server 2012 and Microsoft Corporation (NASDAQ:MSFT)’s SharePoint Server 2013 to analyze data in the most optimal way. The report added that this step is helping Saudi Airlines to revamp its data unification and the company is now more equipped…
Facebook Inc (NASDAQ:FB) has recently made it mandatory for its mobile users to download the messenger app in order to send or receive messages from chat. This has caused massive outrage among its users. Thousands of users have complained about this step from Facebook Inc (NASDAQ:FB) and called it a forceful promotion of the Messenger app, which might have privacy and interface issues. According to Financial Times, citing a data from App Annie, an app analytics company, since the beginning of August, Facebook’s Messenger app has received 50,000 reviews with a rating of one star across app stores of all the mobile platforms.…
Apple Inc. (NASDAQ:AAPL) has started storing personal data of Chinese users on servers in mainland China, according to Reuters. This is the first time Apple Inc. (NASDAQ:AAPL) is saving data on server repositories in China. Apple has confirmed the news and said that this step is to revamp and improve its iCloud services in the country, which were facing some issues in the recent months. Storing data on the servers closer to the users, makes the performance faster and better. “Apple Inc. (NASDAQ:AAPL) takes user security and privacy very seriously, we have added China Telecom to our list of data center providers to increase…
Twitter Inc (NYSE:TWTR) has announced that it is going to revamp and review its user verifications and protection policies after Zelda Williams, the daughter of comedian Robin Williams faced a lot of rude and abusive comments on the social media network after her father’s apparent suicide. Discussing this issue in a program on CNBC, Henry Blodget, Business Insider editor-in-chief, said that being rude and abusive is become a common problem on the internet and companies must devise some way to force the users to stick to some standards of politeness. He said that the new initiative from Twitter Inc (NYSE:TWTR) in…
Netflix, Inc. (NASDAQ:NFLX) has released its ISP (Internet Service Provider) Speed Index for July. The company has reviewed speeds provided by different ISPs across the world for Netflix streaming and recommended its users the best possible ISPs to enjoy streaming. The US-based ISPs are on the 13th spot out of 20 countries in the report, with an average speed of 2.23 Mbps for Netflix streaming. The first on the list is the Netherlands, averaging 3.61 Mbps in July. Other countries which have an average speed above 3.0 Mbps for Netflix are Sweden, Norway and Denmark. According to the report, Costa Rica had an average speed of 1.48 Mbps…
DISH Network Corp (NASDAQ:DISH), a satellite TV provider has announced that it is now accepting Bitcoins as a valid payment method. The Colorado-based company said that it has crafted a special Bitcoin acceptance program to let its customer pay their bills via the digital currency. Discussing this announcement in a program on Bloomberg, Bernard Han, chief executive officer of Dish Network Corp, said that the company has taken this step to facilitate its customers. “[…] Just like the general population, we asked our employees here who are Bitcoin enthusiasts and they brought the idea up at a meeting we had…
Wal-Mart Stores, Inc. (NYSE:WMT), American multinational retail corporation is facing immense pressure from one of its biggest competitors Amazon.com, Inc. (NASDAQ:AMZN) over the past few months. Amazon has launched many new services, expanded its business in different countries. The biggest edge for Amazon over Walmart is its online expansion and growth. Discussing Wal-Mart Stores, Inc. (NYSE:WMT)’s business opportunities for the future and its comparison with Amazon in a program on CNBC, Inc. (NASDAQ:AMZN), Jan Kniffen, J. Rogers Kniffen Worldwide CEO, and Gian Fulgoni, comScore executive chairman, said that Amazon is currently leading the retailers in the US and Walmart has to focus on its online customers to compete with Amazon.…