business

Square Reader ready for Chip Cards of all kinds

Square Reader ready for Chip Cards of all kinds

So you're in need of a credit card reader that'll work with the next generation of credit cards. The folks at Square have decided to run out ahead of the United States' switch over to credit cards with "chip and pin" authentication and make a reader that'll be prepared for the switch. It's called "Square Reader for Chip Cards" and it'll be essentially the same size as the Square credit card reader you've already got in your pocket today. Time to start scanning.

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Gameloft branch raided by police over gambling rumor

Gameloft branch raided by police over gambling rumor

Gameloft, maker of all sorts of mobile games, had its branch in Indonesia raided by police recently over what was apparently a misunderstanding about what, exactly, game developers do. That raid is said to have happened this past Monday, and was due to residents in the region telling law enforcement the studio was actually a secret "online gambling den." Undercover officers tried to force their way into the building, reportedly punching a security guard in the face, before getting a warrant and returning later.

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Google Music bucks the trend with growing downloads

Google Music bucks the trend with growing downloads

Streaming music services like Spotify have caused a big ripple in the industry, influencing everything from legit music downloads to piracy rates. Despite this, Google Music has seen growth among its download sales alongside an uptick in its streaming service's user base. The growth runs counter to the industry's overall faltering, with such sales earlier in 2014 seeing a year-on-year drop of 13-percent. This follows closely on the heels of Taylor Swift having her catalog pulled from Spotify, taking a jab at the nature of streaming music services.

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GTAT: Apple strong-armed us into deal that bankrupted company

GTAT: Apple strong-armed us into deal that bankrupted company

By now, you’re probably aware that Apple’s Sapphire provider GT Advanced went belly-up a few weeks ago. If you’re not, we encourage you to click links in this article and in our timeline below, as the meltdown is both contextual and interesting. After previously noting the deal they struck with Apple was unfair, GT Advanced is now detailing their feelings. In retrospect, GT Advanced says they’re not sure Apple’s original offer was ever really honest, and insists they were insulted through the process.

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Google Barges scuttled over fire safety concerns

Google Barges scuttled over fire safety concerns

When the Google barges started to catch the attention of geeks around the world over last year, we all wondered what the plan for the floating buildings was. We learned eventually that Google planned to use them as floating show rooms to show off technology. Just as construction appeared to be nearing completion Google pulled the plug and sent all of the barges to the scrap heap.

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Silk Road 2.0 seized by feds alongside (alleged) admin’s arrest

Silk Road 2.0 seized by feds alongside (alleged) admin’s arrest

In early October of last year, the first iteration of underground online shop Silk Road was seized by the FBI and Department of Justice, and its founder Ross William Ulbricht was arrested. It didn't take long for a new version to open, however, and though the Silk Road 2.0 has had its share of drama, the underground market has been in operation for the last year or so. That came to a halt today, with the service again being seized and the alleged admin being arrested.

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Xiaomi defies logic, doubles profits by selling cheap

Xiaomi defies logic, doubles profits by selling cheap

All if not a lot of eyes are on Xiaomi these days. By entering into the top 5 smartphone makers in the world, the Chinese OEM has suddenly enjoyed both increased fame and scrutiny. Already a hot item in its homeland, Xiaomi is now starting to get the attention and even fears of other major players in the mobile market. It's not hard to become a huge target when your revenues nearly double in just a year, even when analysts say you can't do so by selling smartphones at very low prices.

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Lenovo’s 2014 Q2 saw upswing in profits, new record

Lenovo’s 2014 Q2 saw upswing in profits, new record

Lenovo's second quarter financial report is in, and in it we see profits on the upswing, with the company hitting a 7-percent revenue increase over the same quarter last year. With its numbers, Lenovo managed to take top slot in the PC+Tablet category and saw a record number of shipments across its tablets, PCs, and smartphone at 35.6 million units. Said Lenovo's CEO and Chairman Yuanqing Yang on the company's new #1 slot, "In May, we set this as a two year goal, but achieved it in two quarters."

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Lyft hits former COO with confidential data theft accusation

Lyft hits former COO with confidential data theft accusation

In August, Lyft's then-COO Travis VanderZanden left the company for reasons that were never clearly stated. Some time later he was snapped up by competitor Uber, and is now facing a legal challenge from his former employer over accusations of confidential data theft. According to Lyft, VanderZanden downloaded company documents from its Dropbox to his own personal Dropbox, something that came to light after the company had a forensics analysis of his work laptop performed. By keeping the files, Lyft says VanderZanden is violating the company's Confidentiality Agreement.

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