business

Jolla secures more funding, refunds rolling out

Jolla secures more funding, refunds rolling out

Jolla had a dream, to take succeed where Nokia failed in the smartphone industry after the latter's acquiescence to Microsoft. The software part was relatively easy. It already had the experience in Nokia's previous failed attempts at creating its own platform. Hardware, however, was probably more than it could chew, which it found out the very hard way. Jolla has practically given up on that and is focusing on software development and licensing instead. In that vein, it just secured $12 million in funding, which would eventually help the company continue refunding its disappointed, perhaps even disgruntled, customers.

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Apple loses exclusive use of ‘iPhone’ trademark in China

Apple loses exclusive use of ‘iPhone’ trademark in China

The term "iPhone" is synonymous with Apple the world over, but in China, where trademarks are often ignored, a court has ruled that's not exactly the case. Apple has lost a trademark suit in the country against the Beijing-based Xintong Tiandi Technology, which sells leather goods like phone cases and handbags under the product name "IPHONE." This means the Cupertino company no longer has exclusive use of the iPhone brand name in China, as it must share it with the local accessories maker.

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Netflix has thumbnail selection down to a science

Netflix has thumbnail selection down to a science

Netflix has the art of choosing thumbnails down to a science, and it detailed that skill for the public today. It rightly points toward the difficulty thumbnails can present — you have a long movie or an even longer television show, and you have to figure out how to best represent that show using a single static image. The company says it has up to 90 seconds to catch someone’s attention, but that it takes a mere 13 milliseconds for someone to process a picture, with such artwork being the biggest influencer.

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Tim Cook: loyalty rates have never been higher

Tim Cook: loyalty rates have never been higher

The once untouchable Apple has recently become the subject of the same kind of scrutiny, even prophecies of doom, that its rivals, like Samsung, have been enduring for the past years. All for a series of numbers for the past months that have failed to meet analyst projections. Some are going as far as saying that Apple, or at least innovation in Apple, is dead. Unsurprisingly, CEO Tim Cook remains undaunted. In an interview with CNBC, the chief exec tried to correct the perspective, claiming that what's important for Apple right now, more than its first quarter earnings, is customer loyalty.

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CST-01 Watch officially dead: company files for bankruptcy

CST-01 Watch officially dead: company files for bankruptcy

The CST-01, the “world’s thinnest watch,” has seemingly been dead in the water since last summer when the company behind it, Central Standard Timing, posted their last update declaring that Flextronics had decided to back away from the project. The company first sought funding on Kickstarter, where its promise of an incredibly thin e-ink watch raked in $1,026,293 from more than 7600 backers. The campaign ended on February 22, 2013 -- the first delay was announced by July and now, nearly a year since the company's last update, backers have received paperwork announcing bankruptcy.

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Craig Wright offers proof that he invented Bitcoin

Craig Wright offers proof that he invented Bitcoin

The first time we talked about a man called Craig Wright and his alleged ties to the cryptocurrency Bitcoin was in December 2015 when word surfaced that Australian police had raided a home that he and his wife had rented. Apparently, Wright and his wife had already moved and the raid reportedly had something to do with missed tax payments, not Bitcoin. Fast forward, several months and Wright has now publically identified himself as the creator of Bitcoin known as Satoshi Nakamoto.

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Motorola ex-CEO is now Google’s new hardware division chief

Motorola ex-CEO is now Google’s new hardware division chief

We're more than half a year into Alphabet's formation and we're still seeing the ripples and effects. Some products still haven't found a proper home and some that already do are still being relocated. Take, for example, Alphabet's hardware products, many of which are now coming under a new division inside Google. Interestingly enough, this new Google hardware division will be led by Rick Osterloh, who has now come full circle. Osterloh is partly credited for Motorola's success under Google but left Moto last month after Lenovo completed the mobile company's acquisition.

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Uber tests out fees for late passengers

Uber tests out fees for late passengers

Have you ever offered a ride to a friend, only to find out that when you arrive, they're not ready? That's pretty annoying, even though they're your friend. Now just imagine you're a driver for Uber, and the person who requested you is nowhere to be found when you pull up. This is apparently a growing problem for drivers, and the company is testing a new method for combating it.

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Comcast’s 1TB data cap is praised by Netflix

Comcast’s 1TB data cap is praised by Netflix

In case you missed the news yesterday, Comcast announced that they would be raising their data caps from 300GB per month, to 1TB per month, starting in June. While most people would agree that data caps need to disappear altogether, plenty of people were happy to see Comcast listen to feedback, and raise their caps. And one of their biggest supporters in this move is also one of their biggest competitors.

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Motorola hit with $5m lawsuit for poor warranty system

Motorola hit with $5m lawsuit for poor warranty system

It isn't uncommon to receive poor customer service and wish you could sue the offending party in response. What is sometimes rare is for customers to do exactly that, especially against a giant company. But that is exactly what is happening to Motorola, filed with a class action suit on behalf of a certain Douglas Lynch. His beef, which is echoed by many other customers, is over Motorola's "unfair, unscrupulous, immoral, and oppressive" business practices. Or to be more specific, for Motorola's failure to fulfill its own warranties.

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Samsung Q1 2016 earnings are up, thanks to the Galaxy S7

Samsung Q1 2016 earnings are up, thanks to the Galaxy S7

Finally Samsung can breathe a little easier. After years and countless quarters of depressing financial results, the company is finally reporting an upward turn, at least for its first quarter earnings. Its strategies may be finally paying off and though it is probably too early to tell if it will hold in the future, Samsung is forecasting a more positive outlook for 2016. While most of its businesses, save for display panels, have seen increase in revenues, the relative success of the Galaxy S7 and S7 edge are credited for this positive turn of events.

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Facebook saw big advertising, mobile increases in Q1 2016

Facebook saw big advertising, mobile increases in Q1 2016

Facebook’s first quarter 2016 financial report is in, and the numbers are fantastic across the board. In the quarter ending on March 31, Facebook saw its year-on-year total revenue increase 52-percent, hitting $5.3 billion in comparison to the same quarter last year ($3.5 billion). “We had a great start to the year,” Zuckerberg said in a statement. “We’re focused on our 10 year roadmap to give everyone in the world the power to share anything they want with anyone."

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