As early as next week, Disney may announce the acquisition of key assets of the Rupert Murdoch-controlled Twenty-First Century Fox.Comcast is also thought to be in talks with Fox, but has not progressed as far as Disney, say sources.Disney...
The Story: Airbnb, the short-term rentals portal, seeks to automatically limit the number of nights that hosts on its network can rent their properties in central Paris. The restriction on the number of nights is in line with city regulations,...
At Amazon Web Services' re:invent conference in Las Vegas this November, one of the show-stoppers was a big white 18-wheel trailer truck. Its purpose: to carry exabytes of data back and forth from the customer to AWS for upload...
Oath: A Verizon Company - that's the name Verizon is giving its new unit that will comprise AOL and purchased Yahoo assets. CEO of AOL, Tim Armstrong, will take over as the new chief of the new Verizon company...
The Story: DBS, one of Asia's largest banking institutions, has come out saying that Bitcoin is a financial scam. Group CIO at DBS David Gledhill has called it a Ponzi scheme. Important Because: This is not the first time a senior banking...
One of the world's largest carmakers, Toyota Motor, sees Tesla as leading the way for EV development. Finally moving into first gear on EVs late last year after struggling with their fuel cell efforts, Toyota now has its eyes...
The Story: Beijing Sinnet Technology said Tuesday it would buy parts of Amazon's cloud business in China (AWS China) for up to 2 billion Chinese yuan ($301 million), but the U.S. e-commerce giant said it was not exiting the world's second-largest economy.What...
The Google brand is now the most valuable one in America, according to a new ranking by valuation and strategy firm Brand Finance. Apple, which was the top brand for the past five consecutive years, has finally lost out...
Box, the leading content management platform that is used by more 74,000 businesses, announced that its going to integrate Artificial Intelligence into its platform.The most interesting part about the announcement is that the company did not choose a single...
After months of speculation about the timing of Amazon's retail launch in Australia, Reuters reported today that Amazon is ready to shake up the Australian retail market."We are excited to bring thousands of new jobs to Australia, millions of...
Hybrid cloud adoption is on a roll, and we think the root cause for the mass migration is none other than hybrid’s more sociable sibling, public cloud. Report after report points to the fact that there is a huge...
Alibaba Group Holding Ltd., simply known globally as Alibaba, has become an official lead sponsor of the Olympic Games until 2028, joining companies like Coca Cola Co. and Samsung Electronics in the elite and rarified air of big budget advertising.Apart from...
As the race at the top of the cloud computing industry heats up, Amazon and Microsoft are both making subtle moves that have all the necessary ingredients to shake up the industry in the near future. Until now, Amazon...
Gartner, one of the leading market research firms, estimates global IT spending to reach $3.5 trillion in 2017, a 2.4% increase over 2016. Device sales, which declined 2.4% in 2016, are expected to stage a recovery this year by...
About a week ago, Microsoft leaked its Cortana user base numbers, citing 145 million monthly active users engaging with its home-grown virtual assistant. That's understandable, considering the fact that Windows 10 install base crossed 400 million devices more than...