Consumer Electronics

BlackBerry hires former Sony Ericsson executive as head for loss-making devices business

Struggling smartphone maker BlackBerry Ltd. has hired Ron Louks as head of its loss-making devices business. Louks had served as chief executive officer at OpenNMS Group and as head of technology at Sony Ericsson.

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Global tech market forecast to decline in 2014 with no new growth driver - study

With no new gadgets seen to fuel growth, the global technology market is poised for a slight drop in 2014, according to estimates from the Consumer Electronics Association, the Financial Times reported.

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Japan's Sharp Corp extends reforms with plans for asset sales

Sharp Corp President Kozo Takahashi said the Japanese company intends to sell plants and stock holdings as it extends the reforms it had started in 2013, Bloomberg reported.

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Apple snaps up Aussie photo startup SnappyLabs -reports

Tech giant Apple has purchases Australia-based startup SnappyLabs, a one-man team behind the photo app that augments iPhone's camera, according to earlier reports by TechCrunch and Recode.

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Malone's Liberty Media offers to buy out minority stakeholders of Sirius XM

Liberty Media Corp, the majority stakeholder of Sirium XM Holdings Inc, has offered to buy out the minority shareholders of the satellite radio provider, Reuters reported.

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BlackBerry sues Ryan Seacrest's startup for smartphone keyboard infringement

Canadian smartphone maker BlackBerry filed an infringement lawsuit against Typo Products, the startup co-founded by Ryan Seacrest, over its newly released smartphone keyboard that attaches to the iPhone5.

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Alicia Keys out of Blackberry as creative director

Blackberry Ltd has said in a statement on January 2 that it will be parting ways with its global creative director, musician and celebrity Alicia Keys.

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Growth of mobile computing spurs fresh tech startups globally-report

The rising use of mobile computing has prompted the development of fresh technology startups around the world as international entrepreneurs hope to get a share of the markets for tablets and smartphones, the Financial Times reported.

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Venture-backed IPOs rise to record highs since 2007

VentureBeat reported that 2013 was a good year for venture capital firms as it was the third quarter in a row when there were more than 20 venture-backed companies that held their public debuts.

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Tech founders in China influence young companies- report

Chinese founders of technology firms that have become billion dollar firms have gone on to start other companies or act as benefactors of other startups or give guidance to young firms, the Financial Times reported.

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Paradice Investment Management acquires stake in Australian electronics seller Dick Smith

Australia-based boutique funds management company Paradice Investment Management has acquired a 5.14% stake in electronics retailer Dick Smith, according to a document filed with the Australian Securities Exchange (ASX).

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Digital assets should be part of our wills -study

Social media accounts and internet downloads should be considered part of a person's estate and be included in wills to be handed down as inheritance.

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Apple CEO Tim Cook receives $4.25 million in salary and bonus for fiscal year 2013

Tim Cook, incumbent chief executive of Apple Inc, has received $4.25 million in salary and bonus for the fiscal year 2013. A proxy filing by Apple also revealed that the tech giant's chief executive did not receive stock-based compensation for the last two fiscal years.

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Apple cites reasons why shareholders should vote against Carl Icahn's proposal

Carl Icahn has proposed that Apple increase its stock buyback program to $50 billion but Apple cited reasons why shareholders should not vote for it.

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NASDAQ to pay $41.6M compensation for botched Facebook IPO

NASDAQ OMX Group on Friday said that it would pay $41.6 million on December 31 for qualifying claims related to Facebook's botched initial public offering.

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