Snap CEO Evan Spiegel has not been willing to sell the company as ... Read More »
Owlchemy Labs is a 23-person team working on VR games for the last six years. The company got into VR early and has had a few big hits like Job Simulator (you might have seen all of YouTube playing it at one point) and Rick and Morty: Virtual Rick-ality.
This success has resulted in an ... Read More »
Vertu is known for making premium and ridiculously expensive smartphones with crazy features like sapphire displays, fine leather covers, and jewels worth tens of thousands of dollars. And as of late, the phones even came with some pretty good specs on the inside.
... Read More »
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Sprint has announced that it is acquiring a 33 percent stake in Tidal as part of a new partnership between the two brands. The significant aspect of the partnership is exclusive content specifically for Sprint customers. Tidal and its artist partners will release content exclusively for Sprint customers, giving them access to music, ... Read More »
Pebble has announced that, as of today, the company is shutting down as an independent entity. Pebble’s former competitor, Fitbit, will be acquiring key Pebble assets, exlcuding the company’s hardware products. The news comes after a long period of silence from Pebble that gave way to rumors of the company’s acquisition by Fitbit.
As a ... Read More »
Samsung Electronics has announced that it is purchasing Harman for approximately $8 billion in cash, or $112.00 per share. This acquisition propels Samsung into the heart of the automotive industry, particularly in regards to connected cars. Harman is a key player in this industry, supplying manufacturers with audio systems, infotainment displays and a ... Read More »
Twitter may soon have a new owner. The social media network has struggled in recent times, with new features failing to take off as hoped. The company has juggled executives and experimented with new initiatives, more or less with no effect. Now the company may be gearing up for a sale, shifting responsibility ... Read More »
LeEco is a Chinese company with no presence in the US. To fix that, the company announced that it has purchased American TV manufacturer Vizio for $2 billion.
The Vizio brand will stay alive here in the US, but the software on the televisions will be replaced with LeEco’s TV operating system. At a certain ... Read More »
Lenovo has released its yearly financial and sales results, showing some losses. In particular, the company’s revenue in Q4 2015 was $9.1 billion, down 19% year over year. Full year revenue is down only 3%, though, so Lenovo isn’t facing obvious trouble.
However, in this financial report, the Motorola acquisition was touched upon. Motorola sold nearly 5 ... Read More »
SanDisk may be the most popular supplier of microSD cards, at least here in the US, and I’m sure many of our Android devices have a SanDisk card in them. Mine definitely does. And now SanDisk is being purchased by Western Digital for a massive $19 billion.
Western Digital is one of the biggest manufacturers of ... Read More »