technology

Google, Facebook, Microsoft, and Twitter team up for Data Transfer Project

Google, Facebook, Microsoft, and Twitter team up for Data Transfer Project

Google, Facebook, Inc. (NASDAQ: FB), Twitter, Inc. (NYSE: TWTR) and Microsoft (NASDAQ: MSFT) announced today that they will be working together on a new software initiative, the Data Transfer Project, to allow you to transfer data directly betw..

SoftBank Vision Fund to Invest $1B into Face Recognition SenseTime

SoftBank Vision Fund to Invest $1B into Face Recognition SenseTime

SoftBank’s Vision Fund is looking to invest almost USD 1 Billion in China-based SenseTime Group for a stake in the world’s most valuable artificial intelligence startup, according to people familiar with the matter. The two companies are..

Arcadia Bioscences and Shriram Bioseed Announce Extended Shelf Life Tomatoes Development

Arcadia Bioscences and Shriram Bioseed Announce Extended Shelf Life Tomatoes Development

Agricultural food company Arcadia Biosciences (NASDAQ: RKDA) and seed development company Shriram Bioseed announced it achieved development in Extended Shelf Life (ESL) tomatoes. Bioseed field tested Arcadia’s ESL technology for several n..

IBM Seeks $167M from Groupon for Infringing Ecommerce Patents

IBM Seeks $167M from Groupon for Infringing Ecommerce Patents

International Business Machines Corporation(NYSE: IBM) asked a U.S. jury to award USD 167 Million in a lawsuit accusing Groupon,Inc. (NASDAQ: GRPN) for using patented technology from several high-end tech companies. IBM’s lawyer, John Desmarai..

Goldman Sachs Reports Better-than-expected Q2 Earnings

Goldman Sachs Reports Better-than-expected Q2 Earnings

Goldman Sachs Group Inc. (NYSE: GS) on Tuesday reported better-than-expected revenue and earnings as the Company also named a new CEO.  The Company said net revenue rose 19% to USD 9.4 Billion in the second quarter ended June 30, 2018, beating ..

Venture Capitalist Firm to Raise Next Largest European Fund

Venture Capitalist Firm to Raise Next Largest European Fund

Venture capitalist firm Lakestar is attempting to raise the next largest European fund for startup investments. Lakestar is targeting around USD 800 Million in investments, according to three people with knowledge of the matter. There’s no cer..

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Technologies (NASDAQ: ZBRA), known for its barcode and printing technology, is advancing its devices with its USD 90 Million acquisition of Xplore Technologies, a rugged tablet and hardware manufacturer.Zebra said it will be paying USD 6 per s..