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Archive for the ‘Industry News’ Category

PayPal Tests Face Verification For Mobile-Payment Transactions

PayPal Tests Face Verification For Mobile-Payment Transactions

PayPal is somewhat of a leader in the arena of e-commerce payment solutions. The company is now exploring the possibility of using face verification for mobile-payment transactions.

By On August 22, 2013 Comments Off on PayPal Tests Face Verification For Mobile-Payment Transactions
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Intel May Launch New Processors For Tablets In 2014

Intel May Launch New Processors For Tablets In 2014

This year, Intel has been gearing up to focus on the smartphone and tablet market with its upcoming ‘Silvermont’ architecture. Now, however, DigiTimes has reported that the chip-maker will be launch the next generation of its tablet processors, touted as Cherry Trail lineup, in 2014.

By On August 21, 2013 Comments Off on Intel May Launch New Processors For Tablets In 2014
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North Dakota Intends To Become The National Drone Test Site

North Dakota Intends To Become The National Drone Test Site

Drones are increasingly being used for a whole range of tasks. And while such uses are still mostly confined to testing, it is expected that they would soon become legitimate, mainstream aerial vehicles. In anticipation of this, North Dakota has launched multiple initiatives to win the bid for the national drone test site.

By On August 21, 2013 Comments Off on North Dakota Intends To Become The National Drone Test Site
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Lockheed To Build Ocean-Water Thermal Energy System In China

Lockheed To Build Ocean-Water Thermal Energy System In China

For decades, Lockheed has invested on Ocean Thermal Energy Conversion (OTEC) in which the temperature difference between warm surface water and cold deep water is leveraged to produce electricity. Now, Lockheed is partnering with a Chinese resort developer to build a 10-MW pilot plant off the coast of southern China.

By On August 18, 2013 Comments Off on Lockheed To Build Ocean-Water Thermal Energy System In China
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Apple Acquires Matcha, Eyes Its Video Recommendation Algorithm

Apple Acquires Matcha, Eyes Its Video Recommendation Algorithm

Matcha has recently risen in the ranks of content recommendation sites, witnessing a massive surge in its user base in recent days. However, Apple recently acquired the startup and reports have it that the company intends to make use of the video recommendation algorithm of the service.

By On August 16, 2013 Comments Off on Apple Acquires Matcha, Eyes Its Video Recommendation Algorithm
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DrinkSavvy Makes A Date Rape Drug Detecting Cup, Coming Soon

DrinkSavvy Makes A Date Rape Drug Detecting Cup, Coming Soon

Remember we reported DrinkSavvy was developing a cup that would be able to detect drug-mixed drink? At then DrinkSavvy said that this special cup would prevent girls from possibly being the victim of drug-facilitated sexual assault. However after long effort, DrinkSavvy has made that cup (prototype).

By On August 14, 2013 Comments Off on DrinkSavvy Makes A Date Rape Drug Detecting Cup, Coming Soon
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YouTube Gearing Up To Open A Production Studio In New York

YouTube Gearing Up To Open A Production Studio In New York

In an attempt to prop up efforts towards producing original content, YouTube has now announced that it will be opening up a production studio in New York. This will be the fourth studio of its kind, opened by the video-sharing site in an attempt to provide certain content-creators with just the right place to create content at.

By On August 2, 2013 Comments Off on YouTube Gearing Up To Open A Production Studio In New York
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Alibaba Bans Sellers From Using Messaging App WeChat

Alibaba Bans Sellers From Using Messaging App WeChat

A feud between China’s two top tech companies has apparently ended up on a bitter note. The cold war between Alibaba and Tencent has now culminated in Alibaba banning its sellers from using Tencent’s popular messaging app, WeChat.

By On August 2, 2013 Comments Off on Alibaba Bans Sellers From Using Messaging App WeChat
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Yandex Co-Founder Dies At The Age Of 48

Yandex Co-Founder Dies At The Age Of 48

The co-founder of Yandex, Russia’s most popular search engine, has died at the age of 48. Ilya Segalovich has been in the hospital for quite a while now. He was diagnosed with a treatable stomach cancer but his medical problems were compounded when a tumor in the head was discovered last week.

By On July 29, 2013 Comments Off on Yandex Co-Founder Dies At The Age Of 48
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Bob Mansfield Is No Longer On Apple’s Executive Team

Bob Mansfield Is No Longer On Apple’s Executive Team

Bob Mansfield, who until recently was the senior vice president of technologies at Apple, has apparently left this position. He has been abruptly removed from the company’s official listing of top executives and now, it has transpired that he will be working only on select Apple projects from now on.

By On July 29, 2013 Comments Off on Bob Mansfield Is No Longer On Apple’s Executive Team
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Amazon Reports A Surprising $7 Million Quarterly Loss

Amazon Reports A Surprising $7 Million Quarterly Loss

About the same time a year ago, Amazon reported a whopping $7 million in quarterly profit. Things were looked up for the e-retail giant who was venturing into the mini-tablet arena. However, despite having grown significantly in the past few months, the company has now reported a quarterly loss of $7 million.

By On July 27, 2013 1 Response
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Google Spent $966 Million To Buy Waze

Google Spent $966 Million To Buy Waze

In June, Internet search giant Google decided to purchase online mapping service Waze, but unfortunately the company couldn’t complete the deal. And now Google says that it has paid $966 million to buy Waze.

By On July 26, 2013 Comments Off on Google Spent $966 Million To Buy Waze
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Intel Aims To Pack Haswell Processors In Thinner, Lighter Devices

Intel Aims To Pack Haswell Processors In Thinner, Lighter Devices

Intel is committed to bring its mainstream chips to thinner and lighter devices. The chip maker has achieved another milestone to reduce the power consumption of its Haswell chips.

By On July 24, 2013 Comments Off on Intel Aims To Pack Haswell Processors In Thinner, Lighter Devices
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Nokia May Release More Handset Orders Soon, Supply Chain Sources Reveal

Nokia May Release More Handset Orders Soon, Supply Chain Sources Reveal

Nokia was once the most successful vendor in the mobile phone industry, shipping out the largest volume of handsets each quarter. But since the onset of smartphone arena, the company has declined. More recently, Lumia has lent the comapny some hope and now, Nokia is expected to release more handset orders.

By On July 21, 2013 Comments Off on Nokia May Release More Handset Orders Soon, Supply Chain Sources Reveal
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NY District Judge Finds Apple Guilty In Ebooks Conspiracy

NY District Judge Finds Apple Guilty In Ebooks Conspiracy

Apple has long been embroiled in the ebooks conspiracy case. The case also involves a number of e-books publishers with the charges being that Apple conspired with them to raise the prices of e-books. While most of the involved publishers have settled already, Apple didn’t and has now been found guilty.

By On July 14, 2013 1 Response
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