Earlier today we heard a rumor that Intel was buying Mobileye, Intel has now confirmed the acquisition and the deal is worth around $15.3 billion. Intel will buy Mobileye for $63.54 per share in cash, this gives an enterprise valuation of the deal of $14.7 billion. Strategic Importance of the … [Read more...] about Intel Confirms It Is Buying Mobileye
Technology News
Samsung Completes Its Harman Acquisition
Last year Samsung announced that it would be buying Harman for $8 billion and now the company has announced that it has completed its acquisition. Harman shareholders will receive $112 per share in cash, the shareholders voted in favor of the deal last year. … [Read more...] about Samsung Completes Its Harman Acquisition
Intel Rumored To Be Acquiring Mobileye For $15 Billion
According to a recent report, Intel is rumored to be buying Mobileye in a deal which is reported to be worth between $14 and $15 billion. Israeli company Mobileye supplies the technology to many of the car makers for self-driving cars, so this is a big acquisition for Intel. The news comes in a … [Read more...] about Intel Rumored To Be Acquiring Mobileye For $15 Billion
Google And Levis Launch Levis Commuter Connected Jacket (Video)
Google and Levis have announced the launch of the Levis Commuter connected jacket which was made using Google's Jacquard technology. The Levis Commuter jacket lets you control your smartphones and it comes with interactive denim that features touch sensors built in. Innovative Jacquard … [Read more...] about Google And Levis Launch Levis Commuter Connected Jacket (Video)
BT And Ofcom Reach Agreement To Split Openreach
Ofcom has announced that it has come to an agreement with BT about the splitting of Openreach from the company. The deal means that Openreach will be a separate company, which is good news for consumers and also other broadband and telephone providers, as Openreach controls the telephone … [Read more...] about BT And Ofcom Reach Agreement To Split Openreach
Google Launches Hangouts Chat And Hangouts Meet
Google is making some changes to Hangouts and the company has now announced Hangouts Chat and Hangouts Meet. Hangouts Meet is a new video meeting service which is designed to make it easy to hold and join video meetings. Features of Hangouts Meet Running 30-person video conferences smoothly is … [Read more...] about Google Launches Hangouts Chat And Hangouts Meet
Google Jamboard 55 Inch Touchscreen Whiteboard Coming In May For $4,999
Google announced the Google Jamboard back in October of last year and now the company has revealed that the device will go on sale in May. The Google Jamboard will launch in May with a price tag of $4,999 which is considerably lower than the $8,999 price of the Microsoft Surface Hub. Features and … [Read more...] about Google Jamboard 55 Inch Touchscreen Whiteboard Coming In May For $4,999
Facebook Launches Facebook 360 For Samsung Gear VR
Facebook has announced the launch of Facebook 360 for the Samsung Gear VR, the app will show 360 degree photos and videos on your Gear VR. The new Facebook 360 app will only be available for the Samsung Gear VR and it is available to download from the Oculus store. Immersive Experiences with … [Read more...] about Facebook Launches Facebook 360 For Samsung Gear VR
Amazon Getting Ready To Launch Its 10th Bookstore
Amazon launched its first physical bookstore back in 2015 and now the company is getting ready to launch its 10th store in the US. The company is opening a new Amazon Books store at the Bellevue Square shopping center and the company is working on the store at the moment. “We are excited to be … [Read more...] about Amazon Getting Ready To Launch Its 10th Bookstore
NVIDIA And Microsoft Launch Hyperscale GPU Accelerator
This week Microsoft and NVIDIA have unveiled a new industry standard hyperscale GPU accelerator they have created in partnership to drive artificial intelligent cloud computing. Blueprints for the new hyperscale GPU accelerator have now been unveiled and are part of an open-source design released … [Read more...] about NVIDIA And Microsoft Launch Hyperscale GPU Accelerator
Linden Lab Sansar Trailer Reveals More About Creating New Virtual Worlds (video)
Linden Lab, the creator and developer of Second Life, has this week released a new video for their new virtual reality application Sansar, which will be launching during the spring of 2017. Providing users with a next-generation virtual reality supported world which has been built specifically for … [Read more...] about Linden Lab Sansar Trailer Reveals More About Creating New Virtual Worlds (video)
ZTE Is Fined $1.2 Billion For Breaking Sanctions
ZTE has been fined a massive $1.2 billion in the US for breaking US sanctions, this is the largest fine that has been given to a company for breaking sanctions to date. The company is being fined $1.2 billion for selling hardware and software to Iran from 2010 to 2016 whilst it was under US … [Read more...] about ZTE Is Fined $1.2 Billion For Breaking Sanctions
