The “Netflix of magazines” will soon be owned by the Cupertino company for an undisclosed amount.
New reports out of both Recode and TechCrunch today claim Apple is gearing up to acquire music identification service Shazam for $400 million. The deal, according to both reports, could be announced as early as next week, with one stating news could come on Monday.
Apple has posted its Q4 earnings for FY 2017 and is reporting revenue of $52.6 billion with $10.7 billion in profit. This was earned by selling 46.7 million iPhones, 10.3 million iPads, and 5.4 million Macs. For this quarter, it’s important to focus on the
The Dow Jones surprised everyone today when they mistakenly published headlines saying Google was set to acquire Apple for as little as $9 billion. The deal, according to DJ, was set to close tomorrow with Google employees receiving nine Apple shares for every Google share
A report out of Reuters who quotes “people familiar with the matter” states T-Mobile and Sprint could be close to merging. A deal is reportedly being finalized and could be announced as soon as next month. As for specifics surrounding the deal, T-Mobile’s parent company,
After multiple rumors and reports indicating the move would be made, Google has announced they’re spending $1.1 billion to hire employees in HTC’s smartphone division to further work on the search giant’s smartphones such as the Pixel. HTC will still retain all rights to its
HTC has stopped its share trading ahead of an expected Google takeover of the company’s smartphone division, according to Bloomberg‘s Tim Culpan. Previously, a takeover of the company’s smartphone business was rumored to be done by Google, but not much had emerged from those reports
Andy Rubin’s Essential is now a billion-dollar company, according to Bloomberg columnist Tim Culpan. Thanks to Foxconn’s FIH Mobile $3 million investment in Essential to own 0.25 percent of the company, Rubin’s brand that has yet to ship a single product is now valued at
Remember when Microsoft founder Bill Gates was the richest person in the world? Well, that’s changed. Now, Amazon founder and CEO Jeff Bezos has taken the reigns after a surge in Amazon’s shares this morning propelled the billionaire to a $90.9 billion net worth (via
HMD has announced a new partnership between it and Zeiss, an optoelectronics company, that will bring Zeiss optics back to Nokia-branded phones. HMD states this news builds on top of the history Zeiss and Nokia share. While it may be exciting to some to see these
Nextbit has announced on their community that they’ve been acquired by Razer, that really popular gaming PC and monitor company hard-core techies are bound to be familiar with. It’s unclear how much the latter bought the former for, but we may learn additional details soon.
We all know CyanogenMod and Cyanogen Inc. in full has been struggling for the past few years with multiple job cuts, department closures, and canceled partnerships. But nevertheless, true fans and believers of the company probably didn’t expect to hear the news that broke over
In a somewhat surprising move today, BlackBerry announced that they’re done developing their own smartphones and will gear their focus toward making better software. The reason behind this decision is due to the company becoming victim to a net loss of $372 million, something they
A recently launched startup by the name of Turi has been acquired by Apple, according to GeekWire. This startup is currently based in Seattle and focuses on machine learning technology and building the next AI companies will be using. The motive behind the accusation of
Corydoras Technologies LLC, a Texasa-based company, has filed a lawsuit against Apple claiming that the company infringes its patents by allowing the iPhone to make phone calls and send emails wirelessly. Yes, you read that correctly. A Texas company is mad at a phone maker
In case you weren’t already aware or you live under a rock, the FBI has been pulling Apple’s shirt constantly lately, asking them to help them crack into a San Bernardino attacker’s iPhone 5c, with multiple attempts ultimately failing. The situation got so heated that