AI startup Perceptio acquired by Apple

Apple Inc. confirmed today that its company had acquired a startup technology company call Perceptio. The detail of the acquisition is not made public as told by Apple spokesman to Bloomberg.

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Microsoft and Google end law dispute, to work together

The five-years patent lawsuit battle between Microsoft and Google had finally come to an end after both companies agreed to drop the lawsuit for an undisclosed amount. The announcement was made by in a joint statement from the two companies.

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Microsoft to reveal latest devices for Windows 10 ecosystem on Oct. 6 in New York City

Microsoft sent invitations for a press event on October 6 to be held in New York City. It is more likely that the software company will introduce new devices for Windows 10 ecosystem. After its press launch in Germany, Microsoft is ready to unveil its newest set of devices. According to the reports, the event will start at 10 am ET. Lumia smartphones, Surface Pro 4 tablet and Microsoft Band 2 activity tracker will be highlighted on October 6.

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Apple takes a bite at the enterprise segment

Apple's collaboration with various tech companies to penetrate the once Windows-dominated IT industry proves that Apple is truly a key player in this enterprise.

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Toyota investing $50 million in artificial intelligence for cars

Toyota announces that the company is venturing into creating more intelligent car industry. According to the announcement, the Japanese car manufacturer is investing $50 million for research purposes in collaboration with Stanford University and Massachusetts Institute of Technology (MIT).

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Disruptive technology destabilizes the economy as we enter the venture capital revolution

Analysts believe that, as we begin the age of venture capital revolution, disruptive technology draws majority of venture capitalists. But firms are becoming overwhelmed by high-tech innovations. That's the challenge venture capital is facing today.

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HANA Vora, new tool from SAP, helps customers mend data deluge

HANA Vora software, the just-launched database query tool from SAP AG, has been developed to enable users to make a sense of a deluge of real-world data emerging from several transactions including retailing, transport systems, social media, online transactions, etc.

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Minecraft creator expressed existential meltdown on Twitter, feeling unmotivated, isolated

In just 135 characters, Minecraft creator Markuss Persson has expressed his feelings of existential meltdown on Twitter Saturday:

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India recruits private sector executives to head state bank reforms

Prime Minister Narendra Modi recruited executives from the private sector to head two of the biggest state-owned banks, making it the first such appointments in a wide-range reform strategy to challenge the dominant but often inefficient lenders backed by the government.

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Adobe joins tech industry move to offer better parental leave benefits

Adobe Systems Inc. announced on Monday that they are making changes with their parental leave policies similar to other tech companies that made a similar move earlier.

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Zara's parent Inditex gains 36%, founder Amancio Ortega becomes the second wealthiest man in the world

Inditex, owner of the well-known European fashion retail brand Zara earned a place in the 100 billion club while its co-founder Amancio Ortega becomes the second wealthiest man in the world. What's the secret behind Zara?

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Informatica closes deal to go private; Microsoft and Salesforce are strategic investors

Informatica, the enterprise software provider based in Redwood City and announced in April that it will be bought for $5.3 billion by Canada Pension Plan Investment Board and Permira Advisers.

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Twitter shares drop 15%; Is the microblogging platform ripe for a takeover?

Twitter could be in the crosshairs of acquisition attempts from other technology companies should the microblogging stalwart fail to reverse the freefall its stock prices have caught in.

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US tech companies lead the $100B market capitalization list

Three of the top companies by market capitalization in the US are technology companies established after 1970 that make waves in the global markets until today.

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Gogoro, the first smartscooter will start shipping its 400 pre-ordered units in Taipei

The company Gogoro will start shipping preordered Gogoro Smart Scooter in Taipei. The Taiwanese company started to accept orders on June 27 adding up Gogoro Plus, Gogoro's newest series in silver, blue, orange and yellow. The basic model costs $4000 while Gogoro Plus costs $4300.

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