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China drone maker DJI wins backing from Silicon Valley investor

WASHINGTON (Reuters) – Chinese drone maker SZ DJI Technology Co Ltd has secured one of its largest investments yet from a Silicon Valley venture capital firm that was an early backer of Internet pioneers such as Facebook Inc, Etsy Inc and Dropbox. Source
Posted On 07 May 2015

Facebook’s Seattle site leader leaves company

SEATTLE (Reuters) – The leader of Facebook Inc’s fast-growing Seattle office left the company last month, a spokeswoman for the online social network told Reuters on Wednesday, a crucial personnel change at Facebook’s largest engineering office outside of its...
Posted On 07 May 2015

Lower costs help Motorola Solutions beat profit estimates

(Reuters) – Motorola Solutions Inc, a maker of walkie-talkies and radio systems, reported a better-than-expected quarterly profit, helped by strong demand in North America and lower operating expenses. Source
Posted On 07 May 2015

Tech executive Goldberg died after hotel gym accident: official

SAN FRANCISCO (Reuters) – SurveyMonkey Chief Executive Dave Goldberg died Friday from a head injury while exercising at a hotel gym in Mexico, the local prosecutor’s office said Monday. Source
Posted On 05 May 2015

Brazil judge lifts injunction suspending Uber ride-share service

SAO PAULO (Reuters) – A Brazilian judge on Monday struck down an injunction issued last week calling for the suspension of the U.S-based Uber ride-sharing service throughout the country. Source
Posted On 05 May 2015

The path to a wearable future lies in academia

(Reuters) – For a glimpse of what is, what might have been and what may lie ahead in wearable devices, look beyond branded tech and Silicon Valley start-ups to the messy labs, dry papers and solemn conferences of academia. Source
Posted On 05 May 2015

Samsung, Marvel use virtual reality for ‘Avenger’ movie ads

(Reuters) – Samsung and Walt Disney’s Marvel introduced a marketing campaign that uses virtual reality to promote “Avengers: Age of Ultron” as more studios look to the new technology to push movies. Source
Posted On 05 May 2015

GE ties up with Qualcomm, Apple in new lighting business bet

(Reuters) – General Electric Co on Monday announced collaborations with Qualcomm Inc and Apple Inc as it uses digital technology and the growing appetite for data to reinvigorate its 130-year-old lighting business. Source
Posted On 05 May 2015

Facebook opens to developers amid open web debate in India

MUMBAI (Reuters) – Facebook Inc opened up its platform to new websites and applications from developers on Monday, a move the social media giant said would boost efforts to get people online in low-income and rural areas in emerging markets. Source
Posted On 05 May 2015

Rocket Internet portfolio value up 77 percent from market listing

WALLDORF, Germany (Reuters) – German e-commerce investor Rocket Internet’s push into the takeaway delivery business was a big contributor to a 77 percent rise in its loan portfolio value since its initial public offering in October. Source
Posted On 05 May 2015