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Snapdeal-Flipkart Sale Approval Said to Have Been Given by Nexus to SoftBank

Japan’s SoftBank has secured the crucial nod from co-investor Nexus Venture Partners (NVP) for sale of Snapdeal to India’s largest e-commerce firm, Flipkart, sources said. SoftBank – the largest shareholder in Snapdeal – had secured a go-ahead from the founders and Kalaari last month. However, NVP was not in agreement over the valuation suggested by the Japanese firm and hectic ... Read More »

Google’s Upcoming Native Ad-Blocker for Chrome Reportedly Hailed by Publishers

Google is preparing to introduce an ad-blocker to Chrome browser despite fears that it would hit their online advertising revenues – a move that has been hailed by publishers in the US and Europe, the Financial Times reported. The move comes after Google was recently criticised for placement of ads on its video hosting platform YouTube. In March this year, ... Read More »

Michael Flynn’s Immunity Request Rejected By Senate Intelligence Committee

The Senate Intelligence Committee turned down the request by former National Security Adviser Michael Flynn’s lawyer for a grant of immunity in exchange for his testimony, two congressional sources told NBC News. A senior congressional official with direct knowledge said Flynn’s lawyer was told it was “wildly preliminary” and that immunity was “not on the table” at the moment. A ... Read More »

Mobile Marketing Will Generate $400 Billion in Sales by 2015

If you sell directly to U.S. customers or provide marketing services to clients who do, pay attention. A recent report says a growing mobile market is already generating billions in U.S. sales. And businesses are also spending billions to market to customers via mobile channels. The Mobile Marketing Association, a global trade association for the mobile marketing industry, says those numbers ... Read More »

WhatsApp Sued for Sharing Data With Facebook by German Consumer Group

HIGHLIGHTS German consumer group VZBV sues WhatsApp WhatsApp alleged to transfer data to Facebook without consumer approval Facebook claimed to use WhatsApp data to improve features on its platform WhatsApp, the Facebook-owned messaging app, has been sued by a German consumer group for sharing data with the parent company. The Federation of German Consumer Organisations (Verbraucherzentrale Bundesverband) also referred to ... Read More »

Mobile Marketing Will Generate $400 Billion in Sales by 2015

If you sell directly to U.S. customers or provide marketing services to clients who do, pay attention. A recent report says a growing mobile market is already generating billions in U.S. sales. And businesses are also spending billions to market to customers via mobile channels. The Mobile Marketing Association, a global trade association for the mobile marketing industry, says those numbers ... Read More »

Apple Will Introduce New iPad, iPad Mini by Holidays

A new Apple iPad may be on the market before the holiday shopping season. The story is that Apple suppliers have begun production on a new line of iPad devices. The long-rumored iPhone 6 as well as a possible smartwatch from Apple may be unveiled soon and available by the end of the year, too. It was in November 2013 ... Read More »

New Curved Phone Over $1,000 Announced by Samsung

Samsung has thrown the smartphone buying public a curve. Cost conscious entrepreneurs won’t be picking this phone, costing over $1,000 and not available outside South Korea. But perhaps it will teach us all something about innovation. The aptly named new Samsung Galaxy Round has a 5.7-inch display with 1080 pixel resolution, the same as the recently released Samsung Galaxy Note. But ... Read More »

This Startup Can Steal Data by Hacking Your Printer

With just a few tweaks, even your printer can be hacked to broadcast your personal, private data. Washing machines, air conditioners, and nearly any other modern device is able to, with a few software tweaks, emit inaudible broadcast signals for miles: without needing the Internet. Red Balloon Security, co-founded by Ang Cui and Salvatore Stolfo, focuses on projects that explore ... Read More »

YouTube Ad Revenue Sharing Threatened by Facebook

Facebook has been increasing the priority of video sharing over the last year. And many of the videos shared come from YouTube. But this creates a bit of a problem for the producers of those videos. Once a video is downloaded from YouTube and uploaded to Facebook, the video’s creators no longer receive a share of the revenue being generated ... Read More »