Wednesday, September 20, 2017

Apple Acquires An Artificial Intelligence Startup

  According to sources familiar with the matter, the U.S.-based tech giant - Apple Inc. - has recently bought a data mining and machine learning company called Lattice.io. The acquisition of Lattice.io...

Cisco Buys Startup MindMeld For $125 Million, Its 3rd Acquisition In May

Cisco - the worldwide leader in internet and networking - announced this morning that it is acquiring the AI startup MindMeld for $125 million. MindMeld, which was founded in 2011 and...

Amazon Clones Nucleus’ Product For The New Echo

Jonathan Frankel, the Chief Executive Officer and founder of startup company Nucleus, was really excited when the investment arm of Amazon’s Alexa division made a $5.6 million investment in his startup....

Chinese Company Alipay Takes On Apple In US Expansion

Alipay - the China-based digital payment service - is now expanding in the United States. The digital payment service, which is owned by the China-based online retailing giant Alibaba, is slowly...

Verizon Selling Its Private Cloud And Managed Hosting Businesses

  Verizon - an Internet access, telephone, and television service - announced only a few days ago that it was selling 29 of its data centers to Equinix. Recently, the New York-based...

Alibaba’s Ant Could Acquire MoneyGram With Increased Bid

Ant Financial - the affiliate company of Alibaba that is focused on financial services - has been trying to acquire MoneyGram - the U.S.-based cross-border payments service - for a long...

Baidu Takes Another Step Towards Machine Learning, Buying xPerception

The recent reports of news site Reuters claim that the China-based tech giant Baidu is buying xPerception. Information about the deal are still scant but we do know that the U.S.-based...

Apple Ditching Imagination Technologies, Making Its Own Graphic Chips

The British-chip designer “Imagination Technologies” which supplies PowerVR graphics processors to the Cupertino-based iPhone maker for use in the iPad and the iPhone will not be supplying the chips anymore. Imagination...

Alibaba CEO Faces Scrutiny Over MoneyGram Takeover

After encountering great resistance in his bid to buy MoneyGram, Alibaba Chief Executive Officer Jack Ma is facing scrutiny from several other foreign companies and U.S. politicians over the takeover. According...

Snapdeal Looking For Funds To Raise Its Capital

Snapdeal, the India-based online retailing giant, is now looking for more investments to increase its capital and finances after non-lucrative talks with Chinese e-commerce giant ‘Alibaba’ and China. Sources familiar with...

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Amazon Brings Amazon Cash For Easy Shopping

Amazon is called the online retailing giant in the e-commerce world not just for its sales and profits but also for the new features...

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