Consumer Electronics

Companies Now Mandated to Fix Out-of-Warranty Devices Following New EU Directive

The European Commission approves new 'right to repair' legislation, easing the repair process for out-of-warranty devices and extending warranties.


Nvidia Now Acquiring Close Partner Run:ai! Acquisition Price, Purpose, Other Details

Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition...

iPhone Sales Plummet in China While Huawei Reigns Supreme in Q1

In Q1 2024, iPhone sales in China dropped significantly by 19.1%, contrasting with the modest 1.5% growth in the overall smartphone market, largely attributed to Huawei's 69.7% surge with its Mate 60 ..

Amazon Is Ending Drone Deliveries in California, Eyes Arizona Expansion

Amazon has ceased drone delivery operations in Lockeford, California, as it prepares to expand its Prime Air program in Arizona...


Latest News

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 sp
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.
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.
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.
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 year
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.
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 reporte
Carlyle to sell $290M stake in Hong Kong's Haier Electronics -IFR
Washington, US-based private equity firm Carlyle Group plans to raise $290 million by selling 100 million shares in Hong Kong-based home appliance maker Haier Electronics Group Ltd, according to IFR.
Brookstone Co engages services of Jefferies Group, K&L Gates for debt restructuring- sources
To help it restructure its debt, retailer Brookstone Co has hired a financial adviser Jefferies Group and law firm K&L Gates, according to sources interviewed by Bloomberg.
Apple to pay back $32.5M for in-app purchases
California, US-based tech giant Apple Inc signed an agreement with the Federal Trade Commission (FTC) to pay out at least $32.5 million as refund for the parents of kids who racked up big in-app charg
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