Google and the Cuban government have struck a deal giving Cubans faster access to the Internet giant’s content, two people familiar with the agreement said on Friday, as AP reported today.
Google is installing multiple servers in Cuba that will host much of the company’s most popular content, the person said on condition of anonymity because the deal had not yet been made public. The agreement was being announced by Google chairman Eric Schmidt Monday morning in Havana.
Netflix yesterday briefly became the number one top-grossing iOS app in the U.S. for the first time, holding at bay the likes of Spotify and Candy Crush Saga for most of Monday.
The app also occupied the coveted top spot on iPhone in India, Mexico, and Colombia yesterday, as noted by app tracking company SensorTower, which offered a timeline leading up to the achievement in a blog post.
The accomplishment comes approximately one year after Netflix introduced the ability for users to pay the monthly subscription fee as an in-app purchase. Between then and today, Netflix has grown its weekly net revenue from under $50,000 to nearly $2.9 million, its report says.
Amazon unveiled technology that will let shoppers grab groceries without having to scan and pay for them, eliminating the checkout line.
The company is testing the new system at what it’s calling an Amazon Go store in Seattle, which will open to the public early next year. Customers will be able to scan their phones at the entrance using a new Amazon Go mobile app. Then the technology will track what items they pick up or even return to the shelves and add them to a virtual shopping cart in real time, according a video Amazon posted on YouTube.
WikiLeaks’ public donation address recently received its 4000th bitcoin. The nonprofit whistle blower site, which to a large extent relies on donations, reached this milestone on November 12, with well over 25,000 incoming transactions over five years time. The total amount of bitcoins WikiLeaks received is even higher, as the media organization also lets users generate custom Bitcoin donation addresses if they prefer not to donate to the public address. The post "WikiLeaks Has Raised 4,000 BTC Since 2011" appeared first on Bitcoin News.
Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, in an all-cash deal that makes Samsung a major player in the world of automotive technology.
The electronics giant previously shunned big acquisitions, and the latest deal underscores a strategic shift as the company tries to break into the high-barrier automotive industry where it has little track record.
As part of the deal, which is subject to approval by Harman shareholders, Harman will remain an independent subsidiary of the technology giant. Samsung will pay $112 a share in cash for Harman, which generated roughly $700 million in net profit on $7 billion of revenue last year.
Apple posted a quarterly revenue of $46.9 billion and quarterly net income of $9 billion. For the same quarter in 2015, these numbers were $51.5 billion and $11.1 billion, repectively. International sales accounted for 62% of the Q4’s revenue ended September 24, 2016. The quarterly results marked the third straight quarter where Apple posted a year-over-year revenue decline.
Google, Facebook and telecom and undersea infrastructure developer TE SubCom and PLDC (Pacific Light Data Communication Co. Ltd.) are teaming up to build a 120 Terabits per second (Tbps) submarine cable that will connect Los Angeles with Hong Kong.
The new 12,800 km cable, called the Pacific Light Cable Network (PLCN), will be the highest-capacity trans-Pacific cable yet. The companies did not say how much they will invest in the new ultra high-speed link.
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