LeBron James is set to profit at least $30 million from the Apple-Beats deal. Back in 2008, LeBron made the best deal of his life, he just didn’t know it yet. As a huge fan of Dr Dre, James made a deal with Beats which involved him owning a small share of the company in … Read more
Amazon has been adding numerous services to their site including same day shipping, video streaming, pantry stocking and now, the company is planning to launch a marketplace for local services. Amazon have been dipping their toes in pretty much every industry from entertainment to food and grocery services and now, the company is planning to … Read more
The acquisition of Skybox by Google has been confirmed for $500 million. Although Skybox, which makes satellites and imaging data were looking for closer to $1 billion, they have agreed to Google’s offer of $500 million. The merger is definitely to prove successful for Google who relies on satellite technology to power their map services, … Read more
The President of Paypal, David Marcus is stepping down and moving over to Facebook. Marcus, who was the president of Paypal for over two years is leaving to join Facebook as vice president of messaging products where he will focus on developing new “messaging experiences” for the social media community. Paypal has been experiencing huge … Read more
Viber, the popular messaging app has reached 100 million active users. Today, Viber is celebrating the fact that they have reached 100 million active users. To date, the company also has reported 360 million registered users. CEO Talmon Marco announced, “as usage increases, our priority remains the same- introducing features, adding more platforms, and improving … Read more
The Electronic Entertainment Expo has kicked off for another year and those in the gaming industry are flocking to Los Angeles to see what’s in store for the $20 billion industry. The leaders of this years expo include Sony’s Playstation 4 and Microsofts Xbox One, both of which were the most highly anticipated consoles since … Read more
Tesla is in the midst of building its own empire. How? By opening their supercharging stations to makers of other electric cars. By opening their supercharging plug-in stations to other car manufacturers, Tesla will have the upper hand in technology, branding and profits. Elon Musk is willing to share the technology behind the superchargers as … Read more
The battle of the browser is on and it has just been announced that Google’s Chrome has become the number one internet browser used in the US. Microsofts Internet Explorer has been dropped from it’s title of number one internet browser in the US as Google’s Chrome takes the lead. Currently Chrome makes up around … Read more
Apple has purchased the map service, Spotsetter in order to compete with Google Maps. Spotsetter was designed by former Google Maps engineer, Stephen Tse and Johnny Lee, a former Samsung consultant. What sets Spotsetter apart from other map services is that it takes recommendations and reviews from friends in order to create a personalized social … Read more
Uber, the car service app which has become a global success has been valued at over $18.2 billion. Despite the controversy surrounding the company and its hiring processes, Uber has quadrupled in less than a year and has also expanded out to countries all around the world. Uber also holds the title of being the … Read more
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