Competition Commission of India accuses Google of rigging internet search results

By Tuesday, September 1, 2015 0 No tags Permalink 0

The Competition Commission of India has accused internet giant Google of unfairly rigging internet search results for the benefit of its own services and those of sponsoring businesses. According to the Economic Times of India, the CCI opened an investigation into the ad giant after receiving a host of complaints from Google’s competitors, including Facebook, ...

Amazon lays off dozens of engineers at Lab126

By Friday, August 28, 2015 3 , , , Permalink 0

Recent reports suggest Amazon has decided to lay off dozens of employees from Lab126, the hardware-development division that develops products such as the Fire phone, the Kindle, and Amazon’s Echo. According to a report coming from The Wall Street Journal, Amazon has dismissed dozens of engineers at Lab126, specifically, the ones responsible for Fire Phone development ...

Angry Birds maker Rovio announces major job cut, to layoff 260 employees

By Thursday, August 27, 2015 0 , , , Permalink 0

Angry Birds developer, Rovio, has announced a major job cut which will see the game maker layoff 260 employees from its current workforce of 670 people. The Finnish gaming firm announced the layoff in a press release on Wednesday. The job cut will reportedly affect the whole organization, except teams working on the Angry Birds Movie ...

Openstack vendor Mirantis gets $100 million in fresh funding round led by Intel

The California-based pure-play OpenStack vendor, Mirantis, has announced a $100 million funding round from a group of investors led by chip maker Intel. Besides Intel Capital, other investors participating in this round of funding include Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures, and WestSummit Capital. In its previous round, Marantis had secured $100 million ...

Virtual reality market to be worth a whopping $15.89 billion in next 5 years

By Wednesday, June 24, 2015 0 , , Permalink 0

According to a new report released by MarketsandMarkets, Virtual reality market will be worth a whopping $15.89 billion by 2020 at a compounded annual growth rate of 63.18 per cent between 2015 and 2020. The growth will be seen in all virtual reality related technologies including devices (HMD, gesture tracking), components (sensor, display, software), and applications ...