Xiaomi, the largest smartphone maker in China, confirmed that it is raising $1.1 billion at a pre-money valuation of $45 billion. Rumors about a massive upcoming funding round has been floating around Xiaomi for the last few weeks.
Those who are active on Facebook, might have noticed Year-in-Review posts in their News Feed. The feature algorithmically generates slideshow of most engaging content, photos and updates, over the last 12 months. Every user has an option to customize the slideshow before sharing.
Samsung is planning to discontinue its most good looking phone, the Galaxy Alpha, according to reports. The company reportedly is planning to phase Galaxy Alpha out and replace it with Galaxy A5.
Gmail has been blocked in China after months of disruptions. Many Gmail web addresses were blocked and were inactive over the weekend. Users said the service was down on Monday as well.
Apple is "working hard" to launch Apple Pay in Europe during the first half of 2015. Top banks across the UK are currently negotiating with the Apple to launch the service.
North Korea on Saturday blamed the United States for shutting down Internet service in the country. It also referred to President Barack Obama as "a monkey."
Microsoft's Xbox Live has been restored while Sony's PlayStation Network remains offline for second day after the services were compromised. A hacker group had claimed the responsibility for attacking the both gaming services.
Mathematicians have claimed to find a quicker, and cheaper way to travel to Mars. The new method of space travel is called ballistic capture that will cut back on costs as well as fuel usage.
Even before hitting the roads completely, Porsche is recalling ultra-exclusive 2015 Porsche 918 Spyder plug-in hybrid supercars. Reportedly, Porsche's most expensive model has defective chassis parts.
The largest online social network, Facebook is teaming up with National Football League to distribute NFL video clips to its users.
DirecTV and Walt Disney Co. are signing up a new deal which will bring service's subscribers more Disney owned channels, ABC, and ESPN content on any Internet-connected device. The multi-year distribution deal is a part of Disney's TV Everywhere service.
Owners of original $100,000 Tesla Roadster can upgrade to a new battery pack that will increase the car's range to up 400 miles between charges. The current battery offers 245 miles per charge.
LG and Mercedes-Benz are partnering up to develop a system that could power self-driving cars. LG announced that the duo is jointly working on "next-generation camera systems" that could allow computers and algorithms to handle "some aspects" of the driving experience.
After a couple of unsuccessful attempts at tablets, Sony is set to make a 'big' presence again in the tablet-market. The company might be launching a 12.9 inch high-end tablet next year, according to sources.
NASA will partner with four private firms in U.S. for new space exploration program which would eventually see American astronauts return to Moon and land on Mars.
09 Aug '24 16:35PM
