Co-founder Lazaridis cuts stake in BlackBerry
Mike Lazaridis, co-founder of Canadian smartphone maker BlackBerry, has sold 3.5 million shares in the troubled company for $26 million, according to documents filed with US regulators.
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...
Apple Reportedly Acquired French AI Startup Datakalab, Focusing on AI and Computer Vision
Apple has acquired Datakalab, a Paris-based startup specializing in AI...
Samsung to Implement Six-Day Work Week for Executives Slammed by Critics 'Not Effective'
Samsung's decision to implement a six-day work week for executives acr...
Latest News
Co-founder abandons bid to acquire BlackBerry
BlackBerry co-founder Mike Lazaridis has officially dropped his plans to purchase the firm via a joint bid with a fellow co-founder as new management struggles to turn the troubled company around.
Amazon.com offers customers gift cards, refunds after UPS delivery failure
Gift cards and shipping refunds were offered by Amazon.com Inc to appease its customers after UPS said it would not be able to deliver some packages by Christmas, Bloomberg reported.
Apple snaps up US note-taking app Catch, digital mapping firm BroadMap -report
Tech giant Apple Inc have quietly acquired Silicon Valley's note-taking startup Catch and New Hampshire's digital mapping firm BroadMap a few months back, according to 9to5Mac.
Retailers' woes continue as US consumers shop less on final weekend before Christmas-report
In spite of the steep price cuts offered, consumers in the US did not do a lot of shopping in brick-and-mortar stores on the weekend before Christmas, Reuters reported.
Apple, China Mobile forge distribution deal
Apple and China Mobile have finally signed a distribution deal which could be worth billions of dollars in extra iPhone revenues, the Financial Times reported.
Customer lawsuits, social media ire, state attorneys general probes target Target Corp due to data breach
After a cyber attack of its systems, Target Corp now has to deal with angry customers venting on social media, customer lawsuits and probes from state attorneys general, the Los Angeles Times reported
BlackBerry's outsourcing plan with Foxconn paves way for transformation to a services firm- report
The deal that BlackBerry has made with Foxconn Group to outsource the making of its handsets is a sign that the smartphone company is evolving into a services firm, Bloomberg reported.
Retailers get aggressive as holiday shopping nears but shoppers plan to spend less- report
Retailers are going to be ramping up efforts to lure buyers on the final weekend leading up to Christmas but shoppers intend to spend less, Reuters reported.
San Francisco protesters block buses of technology firms
The corporate buses of Apple Inc and Google Inc were delayed from their morning commute due to protesters in San Francisco and Oakland blocking them, Reuters reported.
