Fri, 16/01/15 – 4:00 | One Comment

Bitcoin’s value continued to fall over the weekend, declining to as low as $265 apiece on Sunday, with other major cryptocurrencies following suit, according to the International Business Times.

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Xiaomi trumps Uber’s US$40 billion valuation
Friday, 2 Jan, 2015 – 4:00 | No Comment

Chinese smartphone maker Xiaomi’s latest valuation has soared to US$45 billion after securing US$1.1 billion in additional funding, according to the company’s president and co-founder Bin Lin.

Online stores blocked in Belarus
Friday, 26 Dec, 2014 – 4:00 | No Comment

Belarus has blocked online stores as well as news websites in order to stop a run on shops and banks.
Last week’s decline in the Russian ruble dragged down the Belarusian currency, which forced the authorities …

Vivo X5Max is the world’s thinnest smartphone
Friday, 19 Dec, 2014 – 4:34 | No Comment

Chinese phone maker Vivo has launched its X5Max smartphone in India for a price tag of Rs. 32,980 (US$520.54).

Experts urge Hollywood to strengthen cybersecurity
Friday, 12 Dec, 2014 – 4:00 | No Comment

The recent hacking incident at Sony Pictures Entertainment should push Hollywood to beef up its security against hackers, according to experts who attended the recently held Content Protection Summit in Los Angeles, California.

BitTorrent To Offer Original Web Series
Monday, 1 Dec, 2014 – 1:34 | No Comment

BitTorrent is going legitimate by offering its own full-production Web series of videos. The show, called Children of the Machine, is produced by Marco Weber and is a sci-fi action-adventure in which androids have taken …

Pre-Thanksgiving sales up 18.7 per cent
Friday, 28 Nov, 2014 – 4:06 | No Comment

IBM Digital Analytics Benchmark data showed that online sales rose 18.7 per cent this past weekend over a similar period last year as a number of retailers, including Target, Walmart, Staples, Amazon, Sears, Lowe’s and several others, launched pre-Black Friday sales.

Snapchat unveils partnership with Square
Friday, 21 Nov, 2014 – 7:14 | No Comment

Mobile messaging firm Snapchat unveiled a new service that allows users to send money to each other.
Snapcash is the result of collaboration with Square, an online payment firm that also offers a stand-alone friend-to-friend payment …

TRUSTe settles FTC charges of deceit for Privacy Seal program
Monday, 17 Nov, 2014 – 22:43 | No Comment

TRUSTe, Inc., one of the largest providers of privacy certifications for online businesses, has agreed to settle a Federal Trade Commission suit alleging that they deceived consumers about their recertification program for privacy practices on …

Alibaba Singles’ Day sales hit $9.3b
Friday, 14 Nov, 2014 – 8:58 | No Comment

E-commerce giant Alibaba saw total sales on Singles’ Day hit a new record of $9.3 billion.

Home decor emerged as a popular product category, with the company selling more than 1.2 million big home appliances and more than three million light products.

Samsung to build second smartphone factory in Vietnam
Friday, 14 Nov, 2014 – 8:01 | No Comment

Samsung Electronics plans to spend up to US$3 billion to build its second smartphone factory in Vietnam, revealed a government official.

The South Korean company wants to build the factory in the Thai Nguyen province, which is also home to its US$2 billion smartphone plant.

35 per cent of Brits keen on drone delivery
Friday, 7 Nov, 2014 – 8:13 | No Comment

A significant proportion of UK adults believe that drone delivery could work for them, according to study by British freight company MetaPack.

UK Treasury seeks experts for Bitcoin debate
Friday, 7 Nov, 2014 – 8:03 | No Comment

In order to properly regulate cryptocurrencies, the UK Treasury plans to consult the general public, financial watchdogs, law enforcement agencies, members of the Bitcoin community, and financial technology companies.