The Silicon Valley startup would use the funding to employ new engineers for its latest wearable and programmable computing device.
North America
Malaysia to expand its spying power amidst uproar on NSA surveillance
Malaysian Minister Paul Low said that the government would soon utilize phone tapping and employ internet monitoring devices to eradicate corporate and government corruption.
Yahoo beats Google in US internet traffic in ComScore list
Digital analytics corporation ComScore said Yahoo beat Google for the month of July with 196,564,000 visits.
UBS raises Apple projections, price target to USD560
Analysts of UBS boosted their sales projections for Apple and increased their price target to USD560 per share.
Facebook-headed project aims at providing affordable internet access for all
Facebook CEO Mark Zuckerberg would lead a project focused on making web access affordable for the 5 billion individuals worldwide who are not online yet.
Latest News
HP shuffled its key executives as CEO Meg Whitman hoped to post a revenue growth in 2014. On Wednesday, Hewlett-Packard Co rearranged its executives, reappointing a star official to a new role that would identify possible acquisitions.
Hewlett-Packard said it generated USD1.39 billion or 71 US cents from every share during the third quarter, 8% short with total revenue of USD27.2 billion.
There were 120,000 applications available in the BlackBerry World and 47,000 of the apps offered for download were made by a single developer.
Industry Minister James Moore stated the Canadian government has been carefully watching BlackBerry as the smartphone maker weighs its options.
Analysts said the money-losing hardware unit of BlackBerry would force breakup leaving patents, software and security system as its only viable assets.
Jesta Digital LLC would refund its clients and pay USD1.2 million to the Federal Trade Commission over claims that Jesta included unwarranted fees to consumers' cellphone bills.
China Resources submitted an offer to buy ParknShop, the Hong Kong supermarket chain. China Resouces placed its own bid to acquire ParknShop, said the group's Chief Financial Officer Frank Lai.
BioReference Laboratories made known its definitive agreement for the acquisition of BioSystems CLIA,
AllThingsD reported Google Inc is currently having talks with the National Footbal League to acquire the rights to NFL's Sunday Ticket service presently owned by DirecTV.
