SAN FRANCISCO, Sept 20 (Reuters) – Jonathan Mosen, who has
been blind since birth, spent his evening snapping photos of
packages in the mail, his son’s school report and labels on
bottles in the fridge. In seconds, he was listening to audio of
the printed words the camera captured, courtesy of a new app on
his Apple Inc iPhone.
“I couldn’t believe how accurate it was,” said Mosen, an
assistive technology consultant from New Zealand.
SAN FRANCISCO/BOSTON (Reuters) – Alibaba Group Holding Ltd’s upcoming public offering will give Yahoo Inc billions of dollars for a potential shopping spree that investors hope will jumpstart its comeback.
But with numerous holes to fill and soaring tech company valuations, Yahoo will have to make tough choices with any acquisitions.
SAN FRANCISCO/WASHINGTON (Reuters) – Islamic State’s Twitter users, which have trumpeted the group’s violent acts and world view on the social media service, have gone abruptly quiet in past days.
Several accounts affiliated with the militant group appear to have gone dormant, according to U.S. government sources, raising questions about whether the government has pressured Twitter to clamp down more aggressively or whether the group has moved to other social media channels.
By Christina Farr and Alexei Oreskovic
CUPERTINO Calif. (Reuters) – Apple Inc unveiled two new iPhones on Tuesday with sharper and larger displays, moving into a market segment dominated by arch-rival Samsung Electronics.
The 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus will support more than 200 telecoms carriers worldwide, including all three in China – a key growth market for the company.
SAN FRANCISCO (Reuters) – Twitpic, an early online service that allows Internet users to share photos on the Twitter Inc social network, is shutting down due to what it said were legal threats from Twitter.
The dispute revolves around Twitpic’s effort to have its name approved as a trademark, which Twitter appears to believe violates its own trademark.
SAN FRANCISCO (Reuters) – Home rental service AirBnB will offer free smart thermostats from Google Inc-owned (GOOGL.O: Quote, Profile, Research, Stock Buzz) (GOOGL.O: Quote, Profile, Research, Stock Buzz) Nest to 500 of its hosts in the United States, the first step in a partnership that could lead to broader cooperation between the two technology companies.
AirBnB said it is offering the Nest thermostats as part of its effort to help users of its service conserve energy. Nest’s thermostats can detect when a person is at home or away, and automatically set heating and cooling temperatures accordingly.
SAN FRANCISCO (Reuters) – Google Inc is developing airborne drones capable of flying on their own and delivering anything from candy to medicine, the Internet company said on Thursday.
The effort, which Google calls Project Wing, marks the company’s latest expansion beyond its Web-based origins and could help Google break into lucrative markets such as commerce and package delivery, ratcheting up the competition with Amazon.com Inc.
Aug 27 (Reuters) – Alibaba Group Holding Ltd’s
revenue accelerated in the April-to-June quarter on strong gains
in its mobile business, providing investors with what may be the
final glimpse of the Chinese e-commerce company’s financials
before its expected landmark market debut.
Alibaba, whose IPO could be the largest ever by a technology
company, said mobile revenue was roughly a third of its total
transaction volume in the three months ended June 30, up from
27.4 percent in the first three months of the year.
By Abhirup Roy and Alexei Oreskovic
(Reuters) – Alibaba Group Holding Ltd’s [IPO-BABA.N] revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company’s financials before its expected landmark market debut.
Alibaba, whose IPO could be the largest ever by a technology company, said mobile revenue was roughly a third of its total transaction volume in the three months ended June 30, up from 27.4 percent in the first three months of the year.
SAN FRANCISCO (Reuters) – Tango, the mobile messaging company, is arranging a financing transaction that would value its business at around $1.5 billion, roughly one-third more than the valuation it received just five months ago, according to three people familiar with the situation.
Tango’s transaction would involve early investors and shareholders selling shares to Ukrainian-born billionaire Len Blavatnik, who wishes to increase his stake, and potentially others, according to one of the people. Blavatnik, who owns Warner Music Group, first invested in Tango in 2011, when he led a $42 million funding round that valued the company at $160 million.