The console market is apparently facing a substantial decline based on North American console sales from January 2007 and that of January 2014, TechCrunch reported.
Research
US mobile data revenue to surpass $100B mark in 2014
A report from Chetan Sharma Consulting said the US will exceed the $100 billion mark in mobile data revenue this year to be followed by China and Japan, VentureBeat reported.
More venture capitalists compete to support startups worldwide
Venture capital investors are competing with each other to support promising startups, particularly those outside the US, as young companies now have more access to capital, VentureBeat reported.
Active smartphone users in China went over 700 million last year
Analytics company Umeng said the number of active smartphone users in China has surpassed the 700 million mark as of the end of 2013, TechCrunch reported.
Kaspersky Lab research says Agent.BTZ virus infected at least 400,000 computers in Russia and Europe in 2008
Kaspersky Lab published new research that the old worm known as Agent.BTZ infected at least 400,000 computers in Russia and Europe after breaching the Central Command of the US military, Reuters reported.
Latest News
Pinterest has published its transparency report on the number of requests it got from government agencies for user data from July to December last year, VentureBeat reported.
Venture capital investment in New York City for the first quarter of 2014 has reached a record of $1.3 billion to date, with startups in the Big Apple raising nearly $200 million in the past two days alone, TechCrunch reported.
From a rosier outlook for the PC industry in December, IDC changed gears and predicted a continuing decline for PC sales this year until 2018, TechCrunch reported.
The Pimco Total Return Fund lagged behind 71% of its peers in February after rebounding from an annual loss of 1.92% last year, Reuters reported.
Kickstarter will most likely surpass the $1 billion mark pledged for the crowdfunding projects launched on the site in the next few days, TechCrunch reported.
Private equity fund managers are employing approaches other than traditional buyouts so they can avoid overpaying for Western companies as competition pushes valuations higher, Reuters reported.
A cybersecurity firm said on Tuesday that it uncovered stolen credentials from some 360 million accounts that are available for sale on cyber black markets, though it is unsure where they came from or what they can be used to access.
After years of putting young firms at the backseat, more corporations are now financing early stage startups in the technology space through accelerator programs, TechCrunch reported.
Android still remains at the top for smartphone sales, getting 70% of sales in the last three months that ended January. However, the real war is among Android makers, TechCrunch reported citing data from Kantar.
