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Intel Buys Mobileye for $15.3 Billion

March 13, 2017 // 0 Comments

Intel is pushing the self-driving car trend by purchasing Mobileye for $15.3 billion. These two companies worked in the past to develop self-driving cars for BMW. The BMW [...]

Airbnb is Worth $31 Billion

March 9, 2017 // 0 Comments

Airbnb is a home-sharing startup. That doesn’t sound too impressive, yet it is worth $31 billion. It raised more than a billion dollars in the latest round of [...]

Ford Invests $1 Billion in Argo AI

March 7, 2017 // 0 Comments

Self driving cars need virtual driving systems. That’s the conclusion Ford made when they decided to purchase Argo AI for $1 billion. With the investment, Ford becomes [...]

Biometric Smartphone Prices Drop

January 23, 2017 // 0 Comments

Biometric smartphones are cheaper now. There are 120 models priced less than $150. In Q1 2013, the average price of a biometric smartphone was $849. In Q4 2016, the average [...]

Microsoft Buys Simplygon

January 18, 2017 // 0 Comments

Simplygon produces 3D optimization solutions for video game developers. Microsoft bought the company on Tuesday, but didn’t announce the details of the acquisition. [...]

Seagate Closes HDD Plant in China

January 14, 2017 // 0 Comments

Seagate shut down one of its largest hard drive manufacturing plants. It’s located in Suzhou, China. About 2,200 employees lost their jobs. This plant doesn’t [...]

Qualcomm Fined $853 Million

January 7, 2017 // 0 Comments

South Korea is accusing Qualcomm of breaking anti-trust laws. The fine is $853 million – the largest fine levied in South Korea. After a three year investigation, the [...]

Top Tech Acquisitions of 2016

January 3, 2017 // 0 Comments

There were a lot of tech companies that bought other tech companies in 2016. Tech Crunch lists the top 11. Here they are: 1. Qualcomm buys NXP Semiconductors for $47 billion [...]
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