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The firm behind Angry Birds has announced that it's laying off a further 260 employees as it attempts to become a smaller and more profitable company. CEO Pekka Rantala admits that Rovio was too eager to "explore new business opportunities," which it did by doing "too many things." Unfortunately,...

August 26th 2015 at 6:27am 0 Comments
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One of the firms competing to turn Elon Musk's tube-based alternative to high-speed rail has taken a small step towards making it a reality. Hyperloop Transportation Technologies has signed deals with vacuum pump business Oerlikon Leybold, engineers Aecom and the architectural business Hodgetts+Fu...

August 21st 2015 at 9:21am 0 Comments
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iPads are apparently not doing too hot at the moment, and Apple is looking for a way to reverse the drop in sales that's been going on the past six quarters. According to The Wall Street Journal, Cupertino hopes to accomplish that by making its tablets more enticing to businesses. The WSJ also rep...

August 13th 2015 at 4:32am 0 Comments
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HTC has announced "significant cuts" and slashed jobs after posting a $265 million net loss, with more losses promised for the future. Reuters is reporting that the poor performance has been blamed on the company's One series of flagships that, while accomplished, are losing out to "more fashionab...

August 7th 2015 at 11:30am 0 Comments
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Julie Uhrman, CEO of OUYA, has announced that she'll be leaving the Android gaming company that she co-founded. The executive took to Twitter to make the statement, spending the better part of an hour thanking employees, developers and backers. Her tweets also confirm the long-rumored purchase of...

July 27th 2015 at 10:30am 0 Comments
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Until now, if you wanted an Apple Watch, you had to buy it in one of three places: online, at the Apple Store or at your nearest high-end luxury goods boutique. If none of those places are convenient, then you'll be happy to learn that the wearable will also be available from Best Buy on August 7t...

July 27th 2015 at 5:01am 0 Comments
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Analysts believe that the PC has had its day in the sun, and now, we've got another shred of proof to toss into the dossier. Acer, the world's fifth-largest PC maker, has revealed that its revenues fell by the better part of 30 percent in the second quarter of the year. The terse announcement wasn...

July 13th 2015 at 8:45am 0 Comments
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John Legere is famous for being the sweariest man in the mobile industry, but it looks as if Sprint's Marcelo Claure now wants a run at that title. In response to a snarky tweet by the T-Mobile CEO, Claure responded by saying that he was tired of Legere's "Uncarrier bullshit." He went on a four-tw...

July 2nd 2015 at 9:51am 0 Comments
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Your favorite internet startup might not just be using Twitter for business news and sales pitches in the near future -- the US Securities and Exchange Commission has greenlit using the social network to drum up interest in future stocks and debt offerings. This only works for small outfits raisin...

June 28th 2015 at 10:45pm 0 Comments
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Recon Instruments is famous for two things: building the technology behind Oakley's Airwave and the Recon Jet head-worn fitness wearable. The company has had a close relationship with Intel ever since the chip firm's venture-capital arm threw cash at the business back in 2013. Now, however, Intel...

June 17th 2015 at 12:11pm 0 Comments
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One of the problems with keeping the news of a recent engagement a secret is that, sometimes, an investment banker runs off and tells your parents before you can. That's the sticky situation that has met Razer and Ouya, since their recent union has been revealed by the latter's advisors at Mesa Gl...

June 15th 2015 at 12:02pm 0 Comments
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Now that Apple is launching a streaming music service, Spotify is going door-to-door to drum up backing for its forthcoming war. Of course, it doesn't need moral support as much as cash, and investors must think it's a safe bet, since they've stumped-up $526 million to the company's fighting fund....

June 10th 2015 at 8:01am 0 Comments