Duncan Riley
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Shares in business-oriented social networking site LinkedIn Corp. surged Thursday after the company announced better than expected first quarter financial results. LinkedIn reported revenue of $861 million for the quarter, up 35 percent over the same quarter of 2015 and well ahead …
Brilliant Galaxy S7 sales boost Samsung Q1 financials
Sales of its flagship Galaxy S7 phone has seen Samsung Electronics Co. Ltd. beat market expectations, and their own, with the company reporting strong figures in its first quarter financials. The South Korean company reported revenue for the quarter was 49.78 trillion …
Official Ted Cruz and John Kasich apps identified as having serious security risks
The official mobile apps of Republican presidential candidates Texas Senator Ted Cruz or Ohio Governor John Kasich are vulnerable to hacking, according to a new report. Research from Symantec Corp. identified five areas of concern with the two apps — three with …
New Samsung Gear VR Minecraft version will become the first big virtual reality hit
In what will be the first big virtual reality hit and a key driver behind the adoption of the technology, Microsoft-owned Mojang has announced that Minecraft is now available for the Samsung Gear VR. Minecraft: Gear VR Edition is now available in …
Spotify acquires live event content aggregator CrowdAlbum for an undisclosed price
Music streaming provider Spotify AB has acquired live event content aggregator CrowdAlbum, Inc. for an undisclosed price. Founded in 2013 by Tracy Chan, the former head of data and analytics for YouTube (Google, Inc.), CrowdAlbum creates albums of live events based on …
Twitter Q1 financials miss market expectations but user numbers are slowly growing again
Microblogging come messaging service Twitter, Inc. reported its first quarter results Tuesday, and although the company finally saw some slight user growth, its revenue fell below market expectations. The company made $595 million in revenue for the quarter. That’s below the $607.8 …
What goes up must come down: after 13 straight years Apple sales and revenues are declining
The 13-year long growth streak for Apple, Inc. has come to an end with the tech giant reporting declining sales and revenue in its second quarter financial report Tuesday. Apple reported revenue of $50.6 billion and quarterly net income of $10.5 billion …
Hackers stole $81m from Bangladesh Bank by exploiting SWIFT software
The security flaws that lead to an audacious heist of Bangladesh’s Central Bank have been found to be in software used globally to facilitate transfers between banks. Bangladesh Bank had $81 million stolen from them in February (the figure was first thought …
Mobile live streaming service Kamcord raises $10m Series C on $100m+ valuation
Mobile live streaming service Kamcord, Inc. has raised $10 million Series C in a round led by Time Warner that included existing investors Tencent, TransLink Capital, XG Ventures, Plug & Play Ventures and Wargaming. According to reports, the round was raised at …
Report: Facebook is working on a standalone camera app to get people to post more
Concerned at the growing popularity of Snapchat (Snapchat, Inc.), Facebook, Inc. is said to be designing its own dedicated camera app, according to a report Monday. The Wall Street Journal claims the new, as yet unnamed app has been under development by …