Facebook has acquired Moves, a motion tracking app, according to a blog post by the company. The financial details of the acquisition have not been disclosed yet. It’s also not clear how much funding the company had raised. Continue reading Facebook acquires Motion Tracking App, Moves
LinkedIn has announced that it has crossed 300 million users across more than 200 countries on its platform. The platform gets about 100 million users from the United States, indicating that 67% of its user base is made up of international members. Continue reading LinkedIn Crosses 300 Million Users; Targets Mobile
Keeping yourself updated on free-to-watch videos on the internet is quite different. You have to subscribe to different channels on different platforms, making it difficult to keep up with the latest videos.
There’s a company just trying to solve that problem. Meet Frequency. Continue reading Frequency Aggregates All Free to Watch Videos, Thinks it is a Big Enough Market
Twitter has acquired Cover, the Android app that allows users to create customizable lockscreens. The financial details of the deal were not disclosed. Continue reading Twitter Acquires Lockscreen Android App Cover
Lava’s premium smartphone brand, Xolo has announced its newest dual-SIM offering – Xolo Q1010i, a successor to Xolo Q1010. With the Xolo Q1010i, the company aims to bring exceptional camera experience at the mid-range smartphone offering. Continue reading Xolo Q1010i With Sony Exmor R Camera Sensor Announced At Rs 13,499
Today, Amazon has announced its video streaming device – Amazon Fire TV for $99. The device will start shipping in the US from today and can be ordered from Amazon.com. Fire TV customers will also benefit from a 30-day free trial of Netflix and Amazon Prime. Continue reading Amazon Launches Fire TV Streaming Settop Box For $99
The much rumor acquisition of Face.com by Facebook has been confirmed by Face.com on their blog. Face.com offers facial recognition technology which is already in use at Facebook for auto-tag suggestions when users upload photos to Facebook.
Face.com was founded in 2007 in Israel and offers desktop and mobile products identifying faces and allowing ability to tag them. The deal is expected to close in the coming weeks. The company also provides API’s to developers to use their technology. Face.com, in their blogpost have specifically mentioned that this acquisition wouldn’t hamper the developers using their APIs in their applications.
From Face.com’s official blogpost:
Now, lots of developers use Face.com technology to power various apps and make wonderful products. We love you guys, and the plan is to continue to support our developer community. If there are new developments you can expect to hear from us here, on the developer blog, and through our developer newsletter.
The financials of the deal were not disclosed by AllthingD is quoting the acquisition to be in the range of $80 to $100 million. This is essentially an team and technology acquisition and the entire team at Face.com is expected to join Facebook. The deal is expected to close by this week, according to a report from AllthingsD.
Nokia has just announced that it will be laying off 10,000 employees by 2013 as a part of cost cutting strategy. Nokia plans to reduce research and development projects. Apart from that Nokia has also announced that it will be paying more attention to its location based Navteq services.
What’s more surprising is that Nokia has quietly acquired Scalado, a Sweden based imaging technology that brings applications and engineering services for the camera phone industry. The company claims to have provided its technology to 1 billion imaging devices.
From the press release:
In Smart Devices, Nokia plans to extend its strategy by broadening the price range of Lumia and continuing to differentiate with the Windows Phone platform, new materials, new technologies and location-based services. In line with this strategy, Nokia today announced the planned acquisition of assets from Sweden-based Scalado, which currently has imaging technology on more than 1 billion devices. This acquisition is aimed at strengthening Nokia’s imaging assets.
However, it’s not clear how much Nokia had to shell out for the technology. Scalado has received $656k in Venture Round funding in 2005. The company has its products available on Google’s Android operating system and Apple’s iOS.
Focus on low end products
Nokia swears its loyalty towards smartphones yet has decided to further develop its Series 40 and Series 30 devices, and invest in key feature phone technologies like the Nokia Browser. It appears that Nokia has realized that it can stay profitable only with its low and mid-range devices.
Not that anyone cares or uses Hotmail, but it seems like Microsoft is bringing the Metro-style UI to its web based email service — Hotmail. Liveside has got hold of screenshots of the new Hotmail or “Newmail”, as Microsoft is likely to call it, with Metro UI.
Take a look:
For more screenshots head over to Liveside.
What’s interesting is that Microsoft is unifying the Metro-style UI across all of its services. This is one thing I absolutely dislike about Google. Just take a look at their Gtalk on web across various platforms. The UI differs from within Gmail and Google Plus. The Metro UI also indicates that Microsoft is preparing its services for touch friendly tablets that might soon enter the market with Windows 8 release.
Companies getting into TV business is the new swag thing in the market just like anyone and everyone wanted to manufacture a mobile device two years ago.
Now according to the recent report by Reuters, Intel is planning to get into TV business. But it’s becoming a challenge to the chip maker as major media content providers are unwilling to let Intel unbundle and license specific networks and shows at a discount to what cable and satellite partners pay. What’s interesting is the company is emphasizing a set-top box employing Intel technology that can distinguish who is watching, potentially allowing Intel to target advertising.
Recently, Google has tried to test its hands on $100 billion US cable television eco system. It is being said that Apple is also about to disrupt the TV ecosystem and will be releasing TV SDK at WWDC next week, reports Forbes. If that happens, it will enable Apple TV box to run third party apps which can be accessed through Apple’s app store.
The only question remains can Intel make a breakthough in the TV business where giants like Apple and Google are still struggling? Agreed, Intel is a conglomorate in itself, yet its previous attempts to contribute to consumer electronics (Meego) has failed.
With everyone trying its hands at TV business will definitely bring some much needed change in the category. We just hope that few of those hands won’t get burned like they did when everyone went frenzy over mobile devices.