Business

AMD acquires Nitero, a wireless VR and AR company

AMD acquires Nitero, a wireless VR and AR company

AMD has announced the acquisition of Nitero, a company that focuses on wireless virtual reality and augmented reality solutions. According to AMD, it has acquired the company's key engineers, as well as its intellectual property, the combination of which will help usher in a future where high-end VR is delivered without the cable tether. The finer details about the deal, such as how much AMD paid, weren't provided.

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LeEco won’t acquire VIZIO, 2 TV companies remain 2

LeEco won’t acquire VIZIO, 2 TV companies remain 2

An acquisition of VIZIO by LeEco will no longer be happening this year. merger between LeEco and VIZIO was mentioned as a possibility earlier this year by both companies - that's no longer going to happen. In a message from LeEco today we're to understand that the merger agreement will not be moving forward "due to regulatory headwinds." That could mean a lot of different things - but the result is the same: VIZIO and LeEco will remain separate companies and brands. They'll also be teaming up on a few projects, so to speak.

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Uber hit with nationwide ban in Italy

Uber hit with nationwide ban in Italy

2017 continues to be a very bad year for Uber. After ongoing evidence of the company's systematic harassment of women employees, the discovery of a tool used to evade law enforcement, and a damning lawsuit from Google, the ride-hailing service has now been handed a nationwide ban in Italy. A court in Rome has ruled that Uber's service amounts to "unfair competition" for the local taxi industry, and that all operations must be ceased.

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GameStop looking into reports of security breach

GameStop looking into reports of security breach

We're hearing some news that's potentially bad for anyone who has shopped on GameStop.com in the past few months. GameStop said today that it's investigating reports of a security breach on its website, but hasn't really delved into many details concerning what such a breach would entail.

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Samsung drops digital cameras in favor of ‘new camera product category’

Samsung drops digital cameras in favor of ‘new camera product category’

It's not entirely clear what is going on with Samsung's camera business, but the writing has been on the wall for over a year. Rumors appeared in early 2016 making various claims about Samsung's dedicated digital camera plans -- mostly that it was abandoning the market -- something further spurred by a tweet that appeared from the Samsung India account. Yet another source has cropped up with information about this, and assuming the source is correct, it seems Samsung has entirely stopped its digital camera production.

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Spotify to release some albums on Premium two weeks before free

Spotify to release some albums on Premium two weeks before free

Things are changing at Spotify, at least for free users. After years of rumors about such plans, the music streaming service has inked a deal that, among other things, may result in some albums being released for Premium-tier members before they're made available on the free ad-supported tier. The artists themselves can make the decision about whether to limit their album to Premium for the first two weeks of its release or make it available to both tiers immediately upon launch.

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Amazon Cash leaves you no excuse not to shop online

Amazon Cash leaves you no excuse not to shop online

As convenient and easy as online shopping maybe, almost all online retailers have one hard requirement: a credit or debit card, or, at the very least, a bank account. That leaves out a lot of people who may have the cash but don't have the card to do so. For Amazon, that means dozens if not hundreds of potential customers that it can't reach. That is why it's launching Amazon Cash to provide a dead easy way for Amazon users to "top up" their account, no card or bank account needed.

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Google PAX patent alliance to keep Android enemies at bay

Google PAX patent alliance to keep Android enemies at bay

The patent system was formed in order to foster innovation but, unsurprisingly, some enterprising people have been able to turn it into a business. To be more specific, some have the business of suing others for patents they never created or never use. Yes, these are the patent trolls that threaten even giants like Google, Apple, Samsung, and Microsoft. In order to protect its often-targeted platform, Google has formed the "Android Networked Cross-License Agreement" with its hardware partners. And to give it a catchier name, Google is calling it "PAX", the Latin word for "peace".

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Verizon is combining AOL and Yahoo into division named ‘Oath’

Verizon is combining AOL and Yahoo into division named ‘Oath’

Verizon plans to merge AOL and Yahoo into a single media division after its acquisition is closed, and that single division will be named 'Oath.' The name was revealed by AOL CEO Tim Armstrong in a tweet. Take note, though, that the Yahoo brands you're familiar with aren't going anywhere: it seems Yahoo publications like Yahoo Finance, etc., will remain under their regular names, meaning nothing much is changing for users.

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Apple plans to produce iPhone GPUs, drops Imagination deal

Apple plans to produce iPhone GPUs, drops Imagination deal

Apple is making interesting moves this morning, announcing plans to produce its own graphics chips for its mobile devices in the near future. Thus far, Apple has relied on on Imagination Technologies for GPUs, but it's looking to drop that relationship as it picks up production on its own. Imagination revealed that it was notified of the switch this morning.

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Apple to sell bundled TV shows instead of its own service

Apple to sell bundled TV shows instead of its own service

If at first you don't succeed, try Plan B. Apple doesn't seem to be having any luck in getting anywhere near its long-rumored TV service, so it might be settling for the next best thing instead. According to the usual sources familiar with the matter, Cupertino is planning on offering HBO, Showtime, and Starz in a single-price bundle, instead of the piecemeal channels it already has available. Whether or not this plan will pan out, however, largely depends on whether Apple is finally able to convince TV networks to do what it wants this time.

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BlackBerry to expand its branding to devices other than phones

BlackBerry to expand its branding to devices other than phones

Despite all the long-running jokes about the death of BlackBerry, the company still manages to live on, even releasing the occasional new smartphone. Or, more appropriately, new smartphones are shipping with the BlackBerry name on them. It turns out the company's decision to license its name, with TCL acquiring the exclusive rights to the brand late last year, was a good one business-wise, as they've reported higher than expected profits.

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