Technology

3 awesome startups that failed

First-mover advantages are overrated. Look at Microsoft. Bill Gates was prescient, and they were onto the cloud, internet of things, and smartwatches since the early-2000s. But Gates’ prophetic touch did not translate to groundbreaking success in those areas Instead, Google dominates the cloud, the internet of things is still nascent, and Apple is the frontrunner…

Teens are downloading Jott like crazy

If you haven’t heard of Jott, go ask a teenager. A white-hot new app for instant messaging, Jott has nearly 500,000 monthly users and one million app installs after just three months on the market. You might think there’s no need for yet another messaging app. But, Jared Allgood, CEO and co-founder of Jott, said…

Verizon barges into online video, buying AOL for $4.4B

NEW YORK (AP) — Verizon is buying AOL for about $4.4 billion, advancing the telecom’s push in both mobile and advertising fields. The acquisition gives Verizon an entry into increasingly competitive online and mobile video. The New York company is the country’s largest wireless carrier as well as an Internet and TV provider — and…

What to Know About Google’s Fight With Europe

The search giant faces charges of anticompetitive behavior in Europe A new antitrust complaint filed against Google by the European Union Wednesday could force the company to pay huge fines and change the way its search engine operates in Europe. In the complaint, EU regulators say Google has abused its dominance in online search to…

BlackBerry unveils new mid-market Leap smartphone

(Reuters) – BlackBerry unveiled a new mid-market smartphone on Tuesday dubbed the BlackBerry Leap that is set to replace the Z3 device launched a year ago, in a move to woo buyers in certain emerging markets where BlackBerry still has a fairly large client base. The Waterloo, Ontario-based company said the phone, unveiled at the…

SIM cards hacked by U.S. and U.K. spies – report

A new privacy scare has surfaced for cellphone users around the world. A report by The Intercept claims spy agencies from the U.S. and U.K. jointly hacked into the world’s largest manufacturer of SIM cards in order to monitor mobile phones around the world. The Intercept was co-founded by Glenn Greenwald, the former Guardian journalist…