Mon, 8/09/14 – 17:28 | No Comment

Twitter has announced its first social commerce addition. When Twitter hired former Ticketmaster CEO Nathan Hubbard last year to head up their “commerce team,” it became obvious they were working on something. That something is …

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Minecraft Assimilated into Microsoft for $2.5B
Mon, 15/09/14 – 23:53 | No Comment

Microsoft announced that it’s acquired the popular sandbox game Minecraft by purchasing its Stockholm-based developer Mojang. The Mojang team will join Microsoft Studios. Resistance is futile.

The terms of the agreement have Microsoft acquiring Mojang for $2.5 billion and MS believes they will break even on the buy in fiscal year 2015 (GAAP). The acquisition is expected to close later this year after regulators and conditions are satisfied.

Minecraft is one of the most popular video games in history, says the Microsoft Blog. With more than 100 million downloads on PC alone, it could become the most popular game in the Microsoft Studios stable of games. Minecraft will join Forza, Fable, Halo, and others there.

“Gaming is a top activity spanning devices, from PCs and consoles to tablets and mobile, with billions of hours spent each year,” said Satya Nadella, CEO, Microsoft. “Minecraft is more than a great game franchise – it is an open world platform, driven by a vibrant community we care deeply about, and rich with new opportunities for that community and for Microsoft.”

Microsoft plans to continue with Minecraft as-is and on its currently-supported platforms for the foreseeable future. These include PC, iOS, Android, Xbox and PlayStation.

“The ‘Minecraft’ players have taken the game and turned it into something that surpassed all of our expectations. The acquisition by Microsoft brings a new chapter to the incredible story of ‘Minecraft,’” said Carl Manneh, CEO, Mojang. “As the founders move on to start new projects, we believe the high level of creativity from the community will continue the game’s success far into the future.”


Apple unveils new mobile payment service
Fri, 12/09/14 – 5:23 | No Comment

Apple has ventured into the world of mobile payments with the launch of their Apple Pay service.

Apple to offer smartwatch by early 2015
Fri, 12/09/14 – 5:22 | No Comment

In an effort to diversify its line of products, Apple unveiled its very first line of smartwatches on Tuesday.

Home Depot investigates credit card breach
Fri, 5/09/14 – 4:09 | No Comment

Home Depot is currently investigating a suspected breach of customer data, potentially making it the latest victim of retail hackings involving customer credit card information.

Fan Funding on YouTube just got easier
Tue, 2/09/14 – 10:31 | No Comment

YouTube has finally launched a long-awaited program to allow channel watchers and video fans to donate directly to the video’s content creator or owner. It works by simply popping up a sort of ad in …

Smartphone kill switch bill signed into law in California
Fri, 29/08/14 – 6:11 | No Comment

A new law that was signed into effect on Monday requires all smartphones manufactured after 1 July 2015 and sold within California to include a kill switch. This will allow users to remotely lock their phones and delete all data if they are stolen or lost.

China to trump US in e-commerce scene
Fri, 29/08/14 – 6:07 | No Comment

China’s online commerce market will likely surpass that of the United States in the next six years, according to Investorplace.com.

Online presence vital to luxury brands in China
Fri, 22/08/14 – 8:27 | No Comment

In order to effectively fight counterfeit products in China, global luxury brands should have an online presence there, according to Angie Au-Yeung, Senior e-commerce Manager of Swiss luxury goods company Richemont.

London museum to display world’s first smartphone
Fri, 22/08/14 – 8:25 | No Comment

IBM Simon, the first smartphone in the world, will be showcased in London’s Science Museum starting in October to commemorate the 20th anniversary of the device.

Google wants your children
Tue, 19/08/14 – 0:43 | No Comment

Google is revamping certain services in order to make kid-friendly versions so that it can target children under age 13 in many markets, including the United States, legally. Officially, children are not targeted or offered …

Startup wins big with app testing platform
Fri, 15/08/14 – 7:13 | No Comment

VM5 clinched the top prize at TechCrunch’s Beijing Startup competition for creating a platform that allows users to test an application without the need to install or even download it.

Google eyes building undersea cable between Asia and the US
Fri, 15/08/14 – 7:09 | No Comment

Google has formed a consortium with five Asia-based telecom companies to build a super-fast undersea cable that runs from the US to Asia.

Huawei smartphone deliveries soar by 62 per cent
Fri, 1/08/14 – 5:57 | No Comment

Thanks to stronger sales channels and higher brand awareness in other countries, Huawei Technologies Co Ltd’s smartphone shipments in the first half of 2014 surged 62 per cent compared to the same period a year ago, according to Reuters.