Microsoft restructures phone business; cuts 7,800 jobs

Microsoft is writing off the $7.6 billion that it paid to buy Nokia's handset unit in 2014 and dropping some 7,800 jobs in its roll, most of them from the phone business. The reductions will take place over the next few months.


Google treats Project Fi Nexus 6 users with Android 5.1.1 Lollipop Update

For those who were lucky enough to be given an invite to Project Fi MVNO service, a new version of Lollipop is soon to arrive in all Nexus 6 smartphones.

ClipMine raises $2.6 million in funding to kickoff world’s first video annotation and crowdsourced indexing service

ClipMine announced to have amassed a whopping $2.6 million in funding to roll out world's first crowdsourced online video indexing and annotation service.

Waze starts carpooling scheme in Tel Aviv; rep says scheme is not in competition with Uber

A Google subsidiary has started a carpooling program Monday in Tel Aviv. Israel-based mapping and navigation provider Waze, which was acquired by the Internet giant in 2013, will handle the project.


Latest News

After riding high on the success of G3 in 2014, LG Electronics has announced a bold comeback with the more powerful LG G4, latest flagship phone from the South Korean corporation.
Twitter's all-new upcoming feature Project Lightning supposedly coined as 'Moments' is set for a launch later this year.
During the 2015 Worldwide Developers Conference (WWDC), Apple CEO Tim Cook revealed that the Apple Watch operating system will be going through an upgrade, fondly called the watchOS 2.
This is as chirpy as it gets! Yes, we are talking about Twitter. The world's most adored microblogging website recently rolled out its much awaited Mobile Ads Manager. The company tweeted on its official Twitter handle.
Elon Musk, the brain behind Tesla, SolarCity, and SpaceX, has previously presented what he calls the fifth mode of transport - the Hyperloop.
U.S. crude futures fell more than 1 percent on Wednesday after a surprise build in stockpiles while gasoline rallied on bets for strong fuel demand through the peak summer driving season.
Facebook Inc announced plans on Tuesday to build a new data center in Fort Worth, Texas, its fourth in the United States and fifth overall.
Puerto Rico is not intending to cut principal payments to bondholders but to renegotiate debt terms, and officials are set to meet creditors on Monday at the offices of Citi, the head of the island's Government Development Bank Melba Acosta told reporters on Tuesday.
U.S. crude oil futures steadied on Tuesday after falling sharply a day earlier on worries about Greece's indebtedness and China's stock market losses, although charts indicated renewed selling could push prices into bear market territory.
Oracle Corp (ORCL.N) said its copyright infringement lawsuit against software support services company Rimini Street Inc and the smaller rival's Chief Executive Seth Ravin would go to trial in September.