Tag Archives: Technology News

Automattic, the parent company of the World’s most popular content management system WordPress recently raised $300 Million in financing from a single investor known for its deep interest in innovative internet technologies. Its valuation is already estimated at $3 Billion. Not bad for a company that isn’t known for raising money in venture capital regularly.Known Venture Capital firm Salesforce Ventures committed the series D funding of the parent company of the web’s most popular...

The second major smartphone maker Huawei seems to be in troubles. Even though they tried to convince Google to let them continue operating on their new Androids, Mate 30 Pro and Mate 30, they haven’t succeeded. At the beginning of the month, as we have already reported, the company announced the launch date for its new smartphones. And last week we witnessed a lot of video teasers regarding new models, Google seemed to stay implacable regarding to its politics. This definitely seems to be a...

The Microsoft Corporation (MSFT) has announced interesting plans to buy back up to $40 billion in stock and to also raise the dividends payable to shareholders by up to 11%. This new buyback plan, as well as the plans to increase quarterly dividends, could see shareholders receiving up to 51 cents per share.This is definitely not the first time that Microsoft has undergone a large buyback plan as its board did authorize two before now, with the first in 2013 and the previous one in 2016....

LinkedIn, the largest social networking service for connecting career and business professionals, has rolled out a new LinkedIn Skill Assessments feature. With the new service, users are able to take tests to verify their skills and then add a ‘verified skill’ badge to their profile.Finding the #job meant for you just got easier. Stand out with LinkedIn’s new Skill Assessments: https://t.co/8GqnebwjLC— LinkedIn (@LinkedIn) September 17, 2019LinkedIn has conducted a research and found out that...

Photo: UnsplashAmazon Music has done what other major streaming services are yet to do; the inclusion of an “HD” subscription option into its streaming service. Now Amazon Music is in the league of streaming platforms like Qobuz, Tidal, and Deezer, which can boast of high-quality audio options, though these platforms are “smaller” when compared to Amazon Music. The streaming services that are actually comparable to Amazon Music like Apple Music and Spotify are yet to join the high-resolution...

Social media giant, Facebook, has partnered with Luxottica, the parent company of Ray-Ban, to create smart Augmented Reality (AR) glasses.Luxottica previously partnered with Google in 2014 to design, build, and sell the Google Glass wearable device.The project, codenamed ‘Stella,’ is being developed to test the consumer market about a Facebook visual product and set to feature high-end functions. Stella is slated for launch sometime between 2023 and 2025 and will have a camera on the frame of...

Photo: ComcastNBCUniversal which is a United States media giant and Subsidiary of media conglomerate Comcast (CMCSA) is set to launch its streaming service named Peacock which of course is in tandem with its logo. Following NBC’s traditional content which comprises of NBC’s legacy content which has spanned the greater part of three-plus decades with sitcoms, original shows feature films and even fresh content and the unscripted ones will be made available for the new streaming service.The...

Photo: CoinspeakerTechnology innovation startup GitLab which operates fully remotely has raised $268 Million in series E funding ahead of the planned IPO. This was revealed on Tuesday the 17th of September by the company. This brings to $426 Million the total amount invested since 2015 and the $2.75 Billion the total valuation of the company which is more than twice the valuation when last year’s $100 Million series D funding took place. It was led by Goldman Sachs and Iconic...

Principal Founder of the Microsoft Corporation, Bill Gates, has been very popular for many years not just for his contribution to the tech space but is also known far and wide for how much wealth he’s been able to amass over the years.Gates who is also known for his many humanitarian efforts including consistent philanthropy, gave away more than $35 billion of his wealth to charity in 2019 alone, according to Bloomberg. Regardless of this, Gates still added $16 billion to his net worth in...

Apple released its much-anticipated gaming service Apple Arcade a few days earlier than the expected date of 19th September. However, it is only available for users who are on the iOS 13 public beta and will probably be available to all other iOS platforms on the original expected date.At the moment, iOS 13 users will easily be able to sign up on the service and have the opportunity to pay a monthly subscription fee but enjoy the service for free, for a month. On the App Store, interested...