business

Uber’s launching its food delivery service in NYC and Chicago

Uber’s launching its food delivery service in NYC and Chicago

Food is an important part our lives, often extending beyond mere sustenance to serve as a notable touristy or social experience, among other things. Not all special meals have to take place inside of a restaurant, however, and Uber wants to make sure you've got access to them regardless of where you're at. Cue UberEATS, a food delivery service the transportation company has been testing in Barcelona and Los Angeles, and that it has now officially launched in both of those cities, as well as Chicago and New York City.

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MCX’s new mobile payment app CurrentC aims to challenge Apple Pay

MCX’s new mobile payment app CurrentC aims to challenge Apple Pay

Merchant Customer Exchange (MCX) announced that it plans to launch CurrentC, its very own mobile payment app, sometime in the middle of this year. The new mobile payment platform is an attempt by a band of merchants to find a new way around the dreaded "swipe fees" associated with credit cards. Even retailers accepting Apple Pay have to succumb to swipe fees when the payment is tied to a credit of debit card. MCX will create a private pilot program to test the app in a mid-sized market. Later this year, the group plans to rollout CurrentC nationwide.

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Canon acquires Lifecake, a photos app for parents

Canon acquires Lifecake, a photos app for parents

Canon is among the camera companies feeling the squeeze from the proliferation of smartphone cameras, and so perhaps that is one of the reasons behind its new acquisition of Lifecake, the company behind the photo-sharing app for parents by the same name. This move will give Canon another sliver of the mobile pie, and is designed specifically for parents who want to chronicle their kids' lives and share what they record/photograph with other family and friends.

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Apple’s Q2 financial report reveals “best March quarter results ever”

Apple’s Q2 financial report reveals “best March quarter results ever”

Apple has released its financial report detailing the company’s second quarter ending on March 28. Among the details, we see that Apple pulled in $58 billion in revenue during the quarter, something that worked out to $13.6 billion in net profit. Both numbers are excellent for the company, showing a substantial year-on-year increase — during the same quarter last year, Apple brought in $45.6 billion in revenue and $10.2 billion in net profit. Says Apple, 69-percent of Q2’s revenue was from international sales.

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Konami signals USA exit (sort of)

Konami signals USA exit (sort of)

This week several facts have come to light with big implications for Konami's future. One has to do with their upcoming (axed) horror game "Silent Hills". Another has to do with the New York Stock Exchange. A third fact surfaced this past May - and we'll see it pop up again soon: Konami's profits. They're not going away as a company - they've got their business spread out well enough not to have to worry about that. But they might be leaving the USA.

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Nokia: we have no plans to resume making or selling phones

Nokia: we have no plans to resume making or selling phones

In a somewhat unexpected move, Nokia has released a new statement making it as clear as day that the company has no plans to return to making and selling consumer cell phones. This is clearly in response to the rumors that keeping popping up every so often, with the latest being just last week, that they are going to attempt a return to the phone business sometime next year. This closest Nokia gets to the mobile industry right now is through licensing of their large portfolio of patents, as well as licensing their own name for the N1 tablet sold in Asia.

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BitTorrent confirms layoffs: 40 workers rumored gone

BitTorrent confirms layoffs: 40 workers rumored gone

BitTorrent has been putting a lot of work into growing, and it has seemingly been progressing well with its BitTorrent Originals entertainment effort and BitTorrent Sync, among other things. Sources have cropped up to reveal that things may not be going so well behind closed doors, however, and they claim that yesterday the company laid off “dozens” of employees. The move was said to be in an effort to focus on a smaller bunch of products, and to “streamline business operations”.

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Microsoft’s Q3 financials show continued PC market slump

Microsoft’s Q3 financials show continued PC market slump

Microsoft's third-quarter 2015 financial report is in, and overall it shows good things for the company. Not all was stars and sunshine, however, and it suffered in the same area many of it competitors have been feeling the squeeze: PCs. The PC market has been in a slump for a while now, suffering from the proliferation of mobile devices and a consumer trend away from traditional computers, and no exception was made for Microsoft, which saw its Windows revenue decline sharply.

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Comcast tipped in plan to nix TWC merger

Comcast tipped in plan to nix TWC merger

Last week, word surfaced that the Department of Justice was planning to recommend the Comcast and Time Warner Cable acquisition be blocked, and was collecting evidence to support a case against the merger. This was good news to the (loads of) critics of the plan, and pointed toward a ray of hope that the acquisition wouldn’t go through. Now there’s a bigger sign that the end is near, with sources saying that Comcast is going to withdraw its acquisition plans.

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