Sorry Apple fans! The Cupertino-headquartered tech giant has opted to delay its much anticipated Watch OS 2 software update. It was supposed to be released on Wednesday, but Apple Watch owners who waited for it were left hanging and disappointed.
LG Display, makers of LCD, will be shifting its focus and investment to producing OLEDs. The company believes that it will be the next-generation’s display, and wanted to get a head start by investing $8.47 billion before it becomes a mainstream.
In a surprising move, Google co-founder and former CEO Larry Page announced on Monday that the operations of the search engine giant has been restructured and is now a subsidiary of an even bigger company dubbed as Alphabet.
Chinese private car hire app Yidao Yongche has hinted at a tie-up with Uber Technologies Inc, the controversial $40 billion U.S. taxi-hailing firm which has repeatedly hit regulatory roadblocks in China, the world's largest smartphone market.
The Obama administration has been locked in internal wrangling over what position to take in high profile litigation between two American technology giants, Google and Oracle, according to multiple sources familiar with the discussions. It faces an end-of-May deadline to decide whether to take sides in a case before the U.S. Supreme Court that will have wide implications for the technology industry.
Chuck Robbins, the veteran salesman chosen by Cisco Systems Inc to succeed legendary CEO John Chambers, must prove he has the technical knowledge to chart a new course and lead the network equipment maker into the new world of cloud-based computing.
PSA Peugeot Citroën, Europe's second largest carmaker, and computer services supplier IBM, said on Wednesday they agreed to a partnership deal for connected car services that go beyond current navigation and infotainment offerings.
International Business Machines Corp said on Tuesday it will invest $3 billion over the next four years in a new 'Internet of Things' unit, aiming to sell its expertise in gathering and making sense of the surge in real-time data.
Philips (PHG.AS) has agreed to sell an 80.1 percent stake in its lighting components division for $2.8 billion to Go Scale Capital, a technology fund that will seek to expand the company's automotive and LED businesses.
Securities exchange operator NASDAQ OMX Group Inc (NDAQ.O) is a "natural partner" for its Hong Kong counterpart should the latter need technological assistance for derivatives link-ups with other exchanges, Nasdaq President Adena Friedman said.
Apple Inc (AAPL.O) Chief Executive Officer Tim Cook on Monday is expected to announce details of the first product developed under his leadership, a watch that Apple hopes will transform the market of wearable technology.