Category: Business
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Brad Smith promoted to president and CLO of Microsoft
REDMOND, WA- Microsoft Corp. (NASDAQ: MSFT) Microsoft has made a change to its internal managing structure by promoting its former executive Vice President, Mr. Brad Smith. Mr. Smith has been working in this position since 2011, while he has also been Microsoft’s general counsel since 2002. Now, with this promotion, his full title will be…
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StrongLoop acquired by IBM to strengthen the Node.js expertise
ARMONK, NY- International Business Machines Corporation (NASDAQ: IBM) IBM proceeded to the purchase of StrongLoop, a software startup based in San Mateo, California. The financial terms of the deal still remain under the shadows. StrongLoop provides developers with tools to help them connect enterprise applications to mobile, the Internet of Things (IoT) and Web applications…
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Amazon bought Elemental Technologies for $500 millions to get into video streaming
SEATTLE, WA- Amazon.com Inc. (NASDAQ: AMZN) Amazon has realized that the video streaming business is going to turn into a very profitable one soon. For that reason, Amazon’s brand, the Amazon Web Services, has purchased the Portland, Oregon-based video streaming infrastructure company, Elemental Technologies, for the price of US$500 million. No further details have been…
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IBM Pours Money Into Big Data
IBM has announced that the company will be investing a considerable sum of money into a new open-source project for real-time data analysis called Apache Spark. IBM plans to have more than 3,500 developers and researchers working on projects related to the Spark technology and open a Spark technology center in San Francisco. Academic and…
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Google Pushing for Better Sidewalk Labs
In Google’s latest efforts, the company is looking to find a technological remedy for problems that city residents face. Some of the primary issues have to do with traffic congestion, extremely high housing costs, and increasing levels of pollution. In an effort to make life for city dwellers better, Google wants to start a new…
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Beats Pill XL Speakers Recalled by Apple for Overheating
Approximately 233,000 Beats Pill XL speakers in North America are being formally recalled by Apple due to product overheating complaints. To date, eight complaints have been received, one in which an individual sustained minor injuries and another where a person’s desk received damage. According to the Consumer Product Safety Commission, the recall involves the Beats…
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Twitter And Google Join Forces To Increase Traffic
Twitter and Google have announced that they would be joining forces in order to increase user traffic to its websites. As part of the partnership, tweets from Twitter will now be displayed in Google search results for related terms. For example, a Google search for Taylor Swift would now pull up some of her latest…
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SunOpta Technology Approved For GMO Detection
The United States Department of Agriculture is certifying that technology created by SunOpta is effective for detecting genetically modified crops. Due to their use of the technology, the U.S.D.A. has given SunOpta permission to use a new navy-and-green label that reads “Non-G.M.O./G.E. process verified.” The company will now be permitted to label products from one…
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Google Search Results May Soon Display A Buy Button
Reports are surfacing that Google may soon add a buy button to the results displayed from conducting an internet search using the search engine. According sources cited in a Wall Street Journal report, the buy buttons would be introduced by the search giant in the next few weeks. Clicking on the buy buttons would transport…
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United Airlines Offers Flight Rewards To Security Researchers
United Airlines has announced that it has begun a rewards program for security researchers willing to search for security vulnerabilities affecting its websites, apps, and online portals. Those who find and disclose the security issues to the company will be rewarded with miles that can be used for the company’s Mileage Plus loyalty program for…