Consumer Electronics

Chicago startup WebCurfew creates device to help parents control kids' Internet usage

Chicago, US-based startup WebCurfew created a device that helps parents monitor and control their children's online usage through an on/off switch for individual devices from their home's router.

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Google Executive Chairman Eric Schmidt warns technological advances could endanger jobs

Eric Schmidt, the Executive Chairman of search giant Google, has warned that technological advances could eliminate a wide variety of jobs, the Financial Times reported.

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Parents think kids learn more from TV than from education apps -survey

Parents think their children actually learn more from watching television than using education apps on their mobile gadgets, according to data gathered by New York-based research firm The Joan Ganz Cooney Center.

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Startup Zepp Labs Inc secures $15M in Series B funding to help sports enthusiasts step up their game

Zepp Labs Inc, a startup based in Los Gatos, California, closed its Series B round with $15 million to develop wearable technology to enable sports enthusiasts to step up their game.

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Japan's Ricoh agrees to purchase American IT firm mindSHIFT from Best Buy

Tokyo, Japan-based multinational imaging and electronics company Ricoh has entered an agreement to acquire Massachusetts, US-based IT services provider mindSHIFT Technologies Inc from Best Buy Co Inc for an undisclosed amount.

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BlackBerry to sell off majority of its real estate holdings in Canada

Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.

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San Francisco Municipal Transportation Agency agrees to charge Silicon Valley tech firms for using public bus stop

Google, Apple and other tech firms in Silicon Valley will be charged $1 each time their commuter shuttles will utilize the city's bus stops, Reuters reported.

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Venture capital investment in India's healthcare tech on the rise- report

While venture capital funding for healthcare influenced by information technology or HIT is more pronounced in the US, venture capitalists are also showing interest in the niche in India, The Hindu Business Line reported.

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San Francisco's HiddenRadio takes crowdfunding path for second model of Bluetooth speaker

San Francisco, California-based firm HiddenRadio launched another crowdfunding campaign on Kickstarter to add new features to HiddenRadio 2, its second model of impressively-designed $119 Bluetooth speaker.

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Spain's Fon nabs $14M from Qualcomm Ventures to boost Wi-Fi sharing

Madrid, Spain-based Wi-Fi sharing company Fon nabbed $14 from broadband chip maker Qualcomm Ventures to develop a new device that enables users to share music and broadband signals.

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US startup BEZALEL raising funds through crowdfunding for ARK portable wireless charger

Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.

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Belgian firm Solvay offers to buy bankrupt Plextronics in $32.6M deal

Brussels, Belgium-based chemical firm Solvay SA offered to buy Pennsylvania, US-based conductive polymer maker Plextronics Inc in a $32.6-million deal amid a Chapter 11 filing by the latter.

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Washingon gaming firm Valve expects virtual reality to flourish in two years

Michael Abrash, virtual reality researcher at Washington-based gaming firm Valve, said he expects amazing and consumer-friendly virtual reality products to be on launched on the market within two years.

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Nintendo Co under pressure to exit hardware business, after Wii U disappoints

As Nintendo's sales of Wii U flopped, Japanese video game machines maker Nintendo Co is under pressure to think about abandoning its hardware operations, Bloomberg reported.

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HP says needs more time to decide on legal action on frauds claims acquisition of Autonomy

Hewlett-Packard has said it has already arrived at decisions on how to go about solving shareholders' securities fraud claims for the writedown it took on its Autonomy Plc acquisition, Reuters reported.

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