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Why Cisco just plunked $139 million for a cloud software company

Cisco’s outgoing CEO John Chambers is going on a buying spree before handing off the reigns to Chuck Robbins later this month.

The networking giant… 775 more words


Google self-driving cars arrive in Austin

Google’s self-driving car experiment has leapt beyond the safety net of Silicon Valley and is now plying the streets of Austin, Texas.

It’s the first time since Google launched the self-driving car project in 2009 that the company has conducted extended testing outside of California. 487 more words


Here's why Apple is gaining on Android in China

The market for smartphones in urban China is nearly saturated, with ownership in some middle-class populations registering as high as 106%. But Apple’s prospects for growth still look good, according a report to clients issued Tuesday by CSLA’s Avi Silver. 245 more words


How many Watches did Apple sell last quarter?—first pass

Apple’s third fiscal quarter, which ended June 27, included nine full weeks of Watch sales.

According to Slice Intelligence, which mines e-mail receipts for consumer data, demand overwhelmed supply in April, held steady in May, and trailed off sharply in the last three weeks of June. 173 more words


Google Glass for Work partner CrowdOptic in acquisition talks w/ Fortune 500 firm

CrowdOptic is one of the most well-established of the 10 current Glass for Work parters, and now the company is in acquisition talks. According to people familiar with the matter, the company has been in advanced discussions with a Fortune 500 firm that intends to build software applications for the upcoming iteration of… 372 more words


Why Samsung's profits fell for the 7th consecutive quarter

Samsung missed again.

On Tuesday Korea’s largest manufacturer forecast operating profits of 6.9 trillion won ($6.1 billion), down 4% from the same quarter last year and well below the 7.23 trillion analysts were expecting. 294 more words


How Microsoft plans to make HoloLens attractive for business

Microsoft has big plans in store for its upcoming augmented reality device HoloLens that go beyond video games and Minecraft.

The software giant wants HoloLens to be more than an entertainment device, and it’s turning to academia to help researchers show how the device can be used for business-related applications, Microsoft… 365 more words