business

Facebook India MD to resign, but not over Free Basics failure

Facebook India MD to resign, but not over Free Basics failure

Facebook India’s managing director Kirthiga Reddy is resigning, it has been announced. After she steps down, Reddy will return to the US and seek “new opportunities,” apparently planning to remain with the social network at its Menlo Park headquarters. A successor is currently being sought, with Reddy reportedly working with Facebook’s Asia Pacific managing director William Easton and Asia Pacific VP Dan Neary.

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Foursquare adds food ordering with Delivery integration

Foursquare adds food ordering with Delivery integration

Foursquare’s app is the latest option mobile users have for ordering food and having it delivered straight to their home or office. The new functionality comes via an integration with Delivery.com, a service that makes it easy for individuals to find local restaurants and merchants offering product delivery. Thanks to this integration, Foursquare users will be able to order meals, groceries, and more directly through Foursquare’s app, then have it delivered or go pick it up, whichever is preferred.

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American Airlines, Uber team to shuttle passengers home (and back)

American Airlines, Uber team to shuttle passengers home (and back)

American Airlines and ridesharing service Uber have teamed up to offer passengers a way to get from the airport to their home and back again, nixing the need to order a taxi or use long-term parking. Of course, anyone could order an Uber ride to or from the airport anyway, making the partnership seem a little redundant. That’s why American Airlines has added a “Remind me to Uber” icon to confirmation emails.

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Runkeeper app bought by shoe-maker ASICS

Runkeeper app bought by shoe-maker ASICS

One of the growing trends in the world of mobile app acquisitions is for sportswear companies to grab up apps that provide some sort of fitness tracking and social sharing features. This trend can be seen in Adidas' purchase of Runtastic, Under Armour's acquisition of MyFitnessPal, and the latest being ASICS buying Runkeeper. Jason Jacobs, CEO of Runkeeper, made the announcement in a post on Medium, although the amount of money involved was not disclosed.

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HBO Now has a paltry 800,000 subscribers

HBO Now has a paltry 800,000 subscribers

HBO has revealed the number of subscribers on its video streaming service HBO Now, saying it has 800,000 paying users. The number was disclosed by HBO’s CEO Richard Plepler during a conference call today, a time during which he also stated that the company sees “an enormous amount of potential ahead.” He also stated the $14.99/month subscription fee will remain the established rate, at least for now, though it is possible it could change in the future.

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Opera’s board recommends accepting Chinese buyout offer

Opera’s board recommends accepting Chinese buyout offer

Opera, once famed for its web browsers, is apparently struggling to make ends meet. So much so that it has hired Morgan Stanley International to search for a buyer. That buyer has just come into the picture from halfway around the world. A consortium made up of Chinese bigshots Kunlun and Qihoo 360 have signified their intention to buyout the Norwegian company for $12 billion. Backed by investment funds Golden Brick and Yonglian, Opera's board is more than convinced that this is the right way to go for the former Internet giant.

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Mad Catz: 37% staff layoff to follow exec mass exodus

Mad Catz: 37% staff layoff to follow exec mass exodus

The writing was on the wall yesterday, and so today's news isn't terribly surprising: Mad Catz will be laying off 37-percent of its workforce, an announcement that follows yesterday's CEO and other executives' mass departure. The layoff news came alongside the company's newest quarterly financial report, the numbers for which were largely profitable. The restructuring will shed some financial burden, however, and will enable the company to better improve its competitiveness in the market.

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France orders Facebook to stop tracking non-users, shipping data to US

France orders Facebook to stop tracking non-users, shipping data to US

Slowly and bit by bit, Facebook is losing legal ground in Europe over what many member states are now calling illegal practices that violate the privacy of users and non-users alike. The case it faces in France, however, is significant because of its timing and its root cause. The French privacy regulator CNIL has ordered Facebook to stop tracking the web activities of non-Facebook users, among other things, or face hefty fines. But in addition, it has called out Facebook for transferring European data to the US, which has basically been declared illegal in the EU.

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NVIDIA cleared of Samsung’s patent infringement suit

NVIDIA cleared of Samsung’s patent infringement suit

Sometimes it seems that justice can be as fickle as the wind, especially when it comes to patent cases. In the multiple infringement cases flung between NVIDIA and Samsung, the scales have finally tipped in favor of the famed graphics chip maker. At least for now. A federal jury court in Virginia declared that NVIDIA did not infringe on Samsung's patents related to memory used in its graphics cards. Somewhat amusingly, the case started with four patents hurled against NVIDIA but eventually ended up with only one.

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Uber driver caught drunk accepting passengers

Uber driver caught drunk accepting passengers

The taxi industry froths as another Uber driver adds fuel to the ridesharing safety debate. This weekend, an Uber driver was pulled over and allegedly found to be drunk behind the wheel; despite his condition, he reportedly accepted passengers and was on his way to pick up another, the latest blemish on Uber's public face. Uber, of course, has denounced the driver's decision and has already nixed him from its platform.

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India rejected Facebook’s free internet, and that’s a good thing

India rejected Facebook’s free internet, and that’s a good thing

Last year, Facebook launched their “Free Basics” program in India, which promised to bring free internet to all the citizens of the country. On the surface, that seems like a great and noble move. Unfortunately, not all was as it seemed, which is why in December, the country moved to ban the service. Facebook has been fighting hard ever since, but that battle appears to have come to a close.

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