Browsing: Business Matters

US auto giant General Motors said on Thursday it would largely withdraw its Chevrolet brand from the European market by 2016, citing the “difficult economic situation” on the continent. GM instead plans to concentrate on marketing its German-made Opel…

South Korean shipbuilder Samsung Heavy Industries has floated a tanker-shaped vessel tagged as the world’s largest “floating facility” with a length greater than the height of the Empire State Building. A Samsung spokeswoman said Thursday that the floating…

A new piece in the New York Times today features an interview with Google’s Andy Rubin (no relation), the former head of the company’s Android division. Since stepping down from that role, Rubin has decided to go after the mobile operating system…

Dec. 5 (Bloomberg) — As Nigeria’s economy grows — 6 percent this year — so does the wealth of some of it’s citizens. The wealthy few no longer have to shop abroad for their luxury staples because those brands are setting up shop in the African country…

If you were anxiously anticipating the arrival of YouTube’s rumored subscription music service, well, we’ve got some gloomy Google news: it won’t be launching this year as planned. It’s now slated for release next year. YouTube, one of the world…

As I write this piece, I have CNBC on the TV, and I occasionally look up and pay attention whenever an interesting report comes on. I typically have another device in my lap whenever the tube is on, whether its my laptop, iPhone or iPad, and I’m not…

Work has started on the next generation USB connector, the new connector, which will be known as Type-C, will break compatibility with existing connectors in order to improve ease of use and allow for thinner devices. The new Type-C connector is an…

The European Commission approved on Wednesday Microsoft’s nearly 5.5-billion-euro takeover of the mobile phone business of Finland’s Nokia which once dominated the global industry. The acquisition does “not raise any competition concerns, in particular…

Enjoying the ability to unlock your iPhone with your fingerprint? If Apple’s latest patent is anything to go by, you may be able to unlock your device even if you don’t have any fingers—all you’ll need to do is smile for the camera. A post on…

NEW YORK, Dec. 3, 2013 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue: Mobile Payment (mPayment) Market Report 2013-2023 : The Future of NFC, m-Commerce, m-Banking, P2P Transfers, and Mobile…

Lagos, Nigeria — (SBWIRE) — 12/03/2013 — A review of the new Play station 4 has revealed how Sony locked out millions of the Play station network users from accessing most of the basic features on its site. Reputable review site games n guide reveals…

(BPT) – While election politicking dominated the top 10 searches of 2012, this year people were a little starry-eyed when…

Thanks for dropping by for another Weekend Wrap-up, where we summarize the week’s top tech stories so you can get caught up. I’m ready when you are! Instagram Has its Busiest Day on Thanksgiving — Again Last year on Thanksgiving Day, Instagram…

Jeff Bezos just took an opportunity to reveal a brand new and perhaps radical way Amazon is planning to deliver packages to your home within the next 4 to 5 years.  During an interview with Charlie Rose on 60 Minutes Bezos showed off unmanned drones…

Apple has acquired social media analytics firm Topsy for more than $200 million, The Wall Street Journal reported Monday. The newspaper, citing sources familiar with the deal, said it was unclear how Apple planned to use the firm but that it could be…

A hundred self-driving Volvo cars will roll onto public roads in and around the Swedish city of Gothenburg in 2017, the Chinese-owned car maker said Monday. The pilot initiative, called “Drive Me”, has a 500 million kronor (56.3 million euros, $76.2…

Last week, word broke that Microsoft was seriously working to unify its divergent Windows platforms into one OS, an effort that would help customers and developers alike get more out of the operating system. Today, a post on ZDNet reports that the first…

If you own a smartphone, you’re now in the majority — 56% of American adults do too, according to the Pew Research Center. However, with new models continually entering the marketplace and a non-stop barrage of TV and online advertising urging you…

A recently published analysis on NetMarketShare covering November reveals that Microsoft’s Windows 8.1—the upgraded version of its flagship OS, Windows 8—is gaining ground month after month. Currently, it holds a mere 2.64 percent of the desktop…

The European Union will on Friday begin imposing anti-dumping measures on some Chinese solar panels whose manufacturers rejected an amicable settlement. The two-year measures will enter into force on Friday December 6, said the EU Commission, and will…