Google Inc (NASDAQ:GOOG) launched the Android 1 initiative on Wednesday at Google I/O. This initiative is designed for manufacturers to develop a high quality low cost device. This initiative is set to enter the Indian market this fall, with a possible Global roll out to follow soon. Indian mobile market is considered as one of…
Apple suppliers in China will begin mass production of its largest iPhones ever next month, according to people familiar with the plans, as the smartphone maker faces increased competition, according to a report from the Financial Times anout the Apple Inc stock (NASDAQ:AAPL). Apple is ramping up on two bigger devices, said the people, who…
Software maker Oracle is buying Micros Systems Inc., which provides software and hardware to the hospitality and retail industries, for about $5.3 billion. Oracle said Monday that it will pay $68 per Micros share, a 3 percent premium to the company’s $65.77 Friday closing price. Shares of Micros gained $1.43, or 2.2 percent, to $67.20…
(NASDAQ:FB) This is TechNews.org selection of financial news on Facebook and the Facebook stock NASDAQ:FB, with the business impact of the new Facebook Android App, the Facebook outage and the promising Facebook’s Slingshot mobile application. Facebook is now back at 100% after a 30-minute outage. Facebook (NASDAQ:FB) is fully operational after a 30-minute outage which…
France’s socialist government has claimed a resounding victory for state intervention after forcing General Electric (NYSE:GE) to significantly revise its $16.9bn takeover deal for Alstom’s energy businesses, which both companies approved at the weekend. The government announced on Sunday night it had agreed terms with the French conglomerate Bouygues for its purchase of a 20…
Facebook wants to break the “1% Rule” of Internet culture that says a tiny fraction of users create the content for everyone else. So after a momentary leak last week, today Facebook officially launches Slingshot for iOS and Android in the US, an app where friends send you photos and videos, but you have to…
