Google Acquires Nest for $3.2 billion

Google has agreed to acquire Nest Labs, the  trendy maker of smart home appliances like thermostats and smoke detectors, for $3.2 billion in cash. Nest, led by former Apple designer Tony Fadell, develops “smart” home appliances like thermostats and smoke detectors that can program themselves and communicate with smartphones. It’s not yet clear exactly how Google plans to use […] Users Hit with Malware Attack

Yahoo’s advertising servers have been distributing malware to hundreds of thousands of users over the last few days. The attack appears to be the work of malicious parties who have hijacked Yahoo’s advertising network for their own ends. Fox IT says Yahoo users have been getting infected since at least Dec. 30. At the time […]

Samsung announces foldable phones from 2015

Samsung aims to unveil phones and other devices with foldable displays in another two years, give or take. In fact, it’s already got some prototypes doing the rounds, which it recent showed to investors. Although the press wasn’t invited to this demonstration,Phone Arena heard from Jae Lee, a Daiwa Securities analyst, that two prototypes were on […]

BlackBerry CEO is out

Thorsten Heins, the man charged with turning around the fates of BlackBerry, has officially lost his fight to bring the Canadian smartphone maker back to glory. Heins was appointed CEO of BlackBerry (then Research In Motion) in January 2012 when co-CEOs and founders Jim Balsillie and Mike Lazaridis stepped down from the position. Heins oversaw massive job […]

Facebook’s Q3 2013 Revenue – $2.02 Billion

Buoyed once again by strong mobile ad revenues, Facebook  crushed investor expectations with a much higher-than-expected third-quarter profit of 25 cents a share on revenues up 60% from a year ago, to $2.02 billion. Although investors initially were wowed, during the earnings call Chief Financial Officer David Ebersman mentioned a couple of facts that appeared to spook investors and eliminated most […]

10 Most Visited Cities in the World in 2013

  Business and travel go hand in hand. Nowadays when you thing of business you think global, so traveling goes without saying. Besides that, traveling is like a bug, once you go abroad and visit a certain place, you’ll want to visit ALL the places. Here are the 10 most visited cities in the world […]

Amstel Pause: do nothing, get beer

Business is nowadays all about action and speed. Do you think it’s easy to sit still for three minutes? Well..try it right now. “People as a whole rarely take a break,” is the inarguable motivation of Next Digital Creative Agency in Sofia, Bulgaria, creators of a new imposed-break machine of sorts. “They spend most of […]

Valve announces game console. Should Microsoft and Sony be afraid?

The Kirkland, Washington-based company is working on a Linux-based operating system devoted to running games called SteamOS, that will run on the second announced product, Steam Machines, which will essentially be upgradable consoles built by third parties. The last part of the equation will be the handheld Steam controller, which will replace traditional thumbsticks with […]

Apple just got the “No. 1 Brand in the World” title

“Creating and managing brand value” – this is the stated purpose of Interbrand. They’re the industry standard when talking about the value of top global brands. For the first time in its 13-year history, Interbrand has a new leader of its annual study of the most valuable brand names: Apple. The report estimates the value […]