Business Archives - Page 25 of 36

Reuters: Wal-Mart looking into crowd-sourcing online delivery

By admin | March 28, 2013 by admin

As reported on Engadget. By Steve Dent Walmart is considering the slightly insane sounding idea of using its in-store customers to deliver online orders to help it compete with bricks and mortar-less competitors like Amazon, according to Reuters. The big box outfit currently ships internet purchases from just 25 of its stores using the likes of FedEx to handle delivery, but plans to drastically increase that number going forward. In theory, customers could sign up for the chore and…

BlackBerry makes $94 million on revenue of $2.7 billion, ships 1 million BB10 devices in 2013 Q4 Mobile

By admin | March 28, 2013March 28, 2013 by admin

As reported on Engadget. By Daniel Cooper This isn’t quite the BlackBerry earnings story you’re waiting for — after all, the US figures covering the success (or otherwise) of the Z10 won’t arrive until the next quarter. Instead, we’re looking at the company’s results from the end of the fiscal year to March 2nd, which shows that the smartphone maker made $94 million in GAAP income on revenues of $2.7 billion — in contrast with the $125 million net loss it made…

Business

Fingerprints Instead Of Credit Cards? YC-Backed PayTango Aims To Make Payments Work Through Biometrics

By admin | March 27, 2013 by admin

As reported on TechCrunch. by KIM-MAI CUTLER As a mechanism for payment, the credit card remains just as hardy as ever. It has so far defied the threat of mobile phones, and less plausibly, QR codes, among many other forms of payment. One YC-backed startup is betting that fingerprints and other forms of biometric identification may be the payment method of the future though. Called PayTango, they’re partnering with local universities to offer a quick and easy…

Business

Pressure Increases On Michael Dell As Carl Icahn Mulls Tie-Up With Blackstone In Bid For PC Company

By admin | March 26, 2013 by admin

As reported on TechCrunch. by CATHERINE SHU Carl Icahn has said he is open to a partnership with Blackstone Group in a move that could make it easier for the rival investors to overtake Michael Dell’s $24.4 billion buyout bid for the company he founded, reports Reuters. This means Michael Dell could also potentially lose control of the PC maker he founded when he was 19. This development comes a day after it was revealed that Icahn and Blackstone…

Business News

Yahoo Buys A Mobile News Startup Founded By A 15-Year-Old

By admin | March 25, 2013 by admin

As reported on businessinsider.com by Jay Yarow Nick D’Aloisio Yahoo announced today that it has acquired Summly, a mobile news aggregation app from British entrepenuer Nick D’Aloisio. D’Aloisio is only 17-years-old. When he started Summly, he was only 15. Summly scans the Web for news and uses an algorithm to find the type of content you want to read. Then it summarizes it for you. Yahoo is going to shut down Summly as a stand alone…

Business

Why is Yahoo on a spending spree?

By admin | March 21, 2013 by admin

As reported on The Verge. By Tim Carmody Marissa Mayer’s acquisitions of four small companies bring talent home to build up Yahoo’s social homepage Today, Yahoo announced it would buy Jybe, a startup delivering personalized recommendations for movies, books, and restaurants. Jybe’s mobile app will be shuttered, but the acquisition brings a team of five former Yahoo employees back to the company. It’s Yahoo’s fourth purchase of a personalization or recommendation service since Marissa Mayer became…

Application Business

Klout for Business translates social media influence into big brand power

By admin | March 21, 2013 by admin

As reported on Engadget. By Joseph Volpe Your imaginary (and seemingly arbitrary) social media score just got that much more credible — by the same company calculating it. Klout’s launching an offshoot of its influencer index to target businesses, turning individual social media data into metrics companies can use to better their brands. The service, which will continue to rollout into April, will arm big business with info culled from its Perks program (brand feedback provided by Klout’s…

Business Legal Microsoft

Microsoft Being Probed For Bribery By U.S. Investigators

By admin | March 20, 2013 by admin

As reported on TechCrunch. by GREGORY FERENSTEIN Federal regulators are investigating Microsoft for allegedly bribing foreign governments for favor in software contracts. “Lawyers from the Justice Department and the Securities and Exchange Commission are examining kickback allegations made by a former Microsoft representative in China, as well as the company’s relationship with certain resellers and consultants in Romania and Italy,” sources familiar with the allegations, tell The Wall Street Journal, which broke the story earlier today. An anonymous…

Application Business

Departing Adobe CTO And Cloud Guru Kevin Lynch Joining Apple To Become VP Of Technology

By admin | March 20, 2013 by admin

As reported on TechCrunch. by DARRELL ETHERINGTON Now former Adobe CTO Kevin Lynch is headed to Apple, the company who famously blocked out Flash on the iPhone and likely precipitated that technology’s long slide into relative obscurity, Adobe has confirmed to TechCrunch in a statement. Lynch once wrote a vocal defense of Flash on the Adobe company blog, but lately his role has been all about ushering Adobe into the future, not dwelling on its past. Lynch has been instrumental…

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