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business

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Samsung acquiring Harman for $8 billion in cash to beef up connected car tech

You have almost certainly heard the name Harman when it comes to audio products, but the company has spent the last few years getting big into automotive technology as well. That's what piqued Samsung's interest in the company, and now the Korean tech giant is putting a lot of cash on the table to become a player in connected car tech. The $8 billion deal will be Samsung's biggest acquisition to date when it closes.

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Twitter is discontinuing Vine, but existing videos will live on for now

Twitter launched the Vine video sharing app in 2013, and it was a moderate success. Other apps added similar quick video features, but Vine never seemed like a high priority for Twitter. The company announced today that it's discontinuing the Vine app in the coming months, but it's not deleting your Vines... at least not yet.

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HTC's losses continue in Q3 2016 results despite Pixel launch

Remember when HTC was the top Android OEM making devices like the EVO 4G and HTC Incredible? Those days are long gone as other device makers have risen to prominence, and HTC is struggling to stay afloat. There was some hope that its deal to manufacture the Pixel for Google would turn things around, but the newly released Q3 2016 results show another big loss. It's not as big as recent ones, though.

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BlackBerry to stop developing its own hardware, will rely on manufacturing partners instead

It looks like the ill-fated BlackBerry Priv will end up being the last piece of hardware developed internally by BlackBerry. The company has announced today that it is ending all hardware design efforts so it can focus on software. This comes alongside the company's quarterly results, which show yet another big loss. This is really the last course of action the company has.

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Researchers have developed lithium batteries with twice the capacity of current ones and expect to have them ready for smartphones by 2017

The MIT researchers-turned-entrepreneurs at a company called SolidEnergy have something you've probably heard before but also something you haven't. A battery breakthrough that will drastically increase your future phone's battery life? We've heard that before. New battery tech that is ready for production within a year? That's new.

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Report: Usage numbers cited by Cyanogen Inc. may be inaccurate

Cyanogen Inc. recently experienced a round of layoffs as the company struggled to make its customized build of Android into a viable business. Through all the turmoil, Cyanogen Inc. CEO Kirt McMaster has contended that CyanogenMod (the non-commercial side) has tens of millions of users. Now, some are expressing doubt as to the accuracy of such figures. For a company fueled by venture money, that could be a problem.

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Opera agrees to sell its browser business to group of Chinese buyers for $600 million

After a previous deal fell through, Opera has reached an agreement to sell the mobile and desktop browser portion of its business to a group of Chinese companies for an estimated $600 million. Opera will retain its advertising business in a bid to avoid a long regulatory holdup.

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SoftBank will acquire ARM Holdings for more than $32 billion

Look at your smartphone. Odds are very, very good that it's running a chip with ARM-designed components, or at least the ARM instruction set. UK-based ARM Holdings has become an integral part of mobile computing, and Japan's SoftBank wants a piece of that. The companies announced today that SoftBank will acquire ARM Holdings for about $32 billion.

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Google acquires French image recognition startup Moodstocks

Google has shown a lot of interest in computer vision over the last few years. You need only look at the way it digs around for similar images in Google search and identifies specific objects in your uploaded photos. It can always be better, though, so Google has purchased a French company called Moodstocks that specializes in image recognition.

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LG gives execs the boot and restructures mobile division following disappointing G5 sales

The LG G5 was announced earlier this year with an ecosystem of "friends" that were aimed at boosting profits in its troubled mobile division. After initially solid shipments of the G5, things have turned sour fast. LG has announced a major shakeup in its mobile division that includes firing some staff and the formation of a "program management office" to oversee product development.

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