VENTURE CAPITAL POST

BlackBerry Ltd said it would not renew a deal allowing T-Mobile US Inc to sell its products, a gamble by the smartphone maker as it struggles to stabilize its business under an aggressive new chief executive officer.

Canadian smartphone maker BlackBerry Ltd sued former executive vice-president Sebastien Marineau-Mes for breach of contract when he resigned to transfer to Apple in a case where the court ruled in favor of BlackBerry.

Apple Inc and Google Inc may be pummeling BlackBerry in the smartphone department but the Canada-based firm is the leading player in the connected-car department, Bloomberg reported.

Cupertino, US-based tech giant Apple is mulling on launching its own on-demand music service to compete with music streaming giant Spotify as the number of downloads goes down.

Pasadena, California-based kinetic desk maker Stir raised $1.5 million in a seed funding round led by Vegas TechFund and Zach Ware to scale up its production and distribution efforts.

Cupertino, US-based electronics giant Apple started selling the 8GB version of iPhone 5C in Apple stores in the UK at £40 less than the original cost to make up for the low sales of the said device.

Apple's Loyalty Program for its bulk-buying clients have just been made better with deeper discounts and the addition of iPhones and Apple TV, TechCrunch reported.

Former Apple chief John Sculley is teaming up with former HTC India head Ajay Sharma and Singaporean investment firm Inflexionpoint to launch a yet-unnamed smartphone brand in India, which will release its first units in April.

In its quest to develop products faster and introduce more devices to the market faster, Apple Inc has hired new engineers from rival firms like HTC to beef up its team in Asia, The Wall Street Journal reported.

Cupertino, US-based tech giant Apple launched its new CarPlay feature for safer in-car iPhone use, which will be integrated first into Ferrari, Mercedes-Benz, and Volvo vehicles.

California, US-based electronics giant Apple is currently working on a software update that will improve the fingerprint recognition ability of its Touch ID system, based on a report by AppleInsider citing a source familiar with the situation.

Technology-focused news website VentureBeat searched for and found official documentation confirming 16 of the 23 companies that California-based technology giant Apple purchased in the recent past.

Apple Chief Executive Officer Tim Cook told investors that its television business sold more than $1 billion TV set-top boxes last year, the Financial Times reported.

Engineers of California, US-based on-demand Internet streaming service Netflix hacked a Fitbit activity tracking device and activated a feature that auto-pauses the video when the watcher falls asleep and allows him to resume watching when he wakes up.

California, US-based next generation fitness tracking device Moov attained its $40,000 target within just 90 minutes and will begin shipping the pre-ordered product by summer this year.