A competitor to Apple Pay and Google Wallet that has been backed by more established retail companies called CurrentC might transition to Bluetooth LE or NFC. The CurrentC platform is still in beta, and reports came out earlier this week stating email addresses had been taken from the service that belonged to beta testers.
Microsoft is wrapping up its employee layoffs for 2014 with 3,000 additional cuts, according to GeekWire. The company reportedly cut thousands of workers on Wednesday, and Microsoft doesn’t have any more scheduled layoffs between now and the end of the year, so all of Microsoft’s other employees should be safe.
Samsung’s Q3 earnings report has revealed a drop in profits worldwide as a result of lower smartphone sales. International profits for the company were down by nearly 60 percent for the quarter compared to 2013, and they ended at just $3.9 billion. Though the drop is not something investors want to see, Samsung had expected a smaller quarter, at least in terms of profits.
Verizon has financed a new technology website, but there are claims the site won’t be covering spying and net neutrality. Both of those topics are sensitive since Verizon is one of the companies that has been accused of spying and has appeared on the wrong side of the net neutrality debate. Claims about censorship have come from Patrick Howell O’Neill, a writer who was contacted by the editor for Verizon’s site SugarString. O’Neill says an email about the site explicitly said spying and net neutrality would not be covered.
The Fire Phone has been a huge bust for Amazon, who is still sitting on $83 million worth of unsold phones. They can’t even give them away, even for next to nothing. It’s a shame. But, of course, the marketplace giant always has irons in the fire, and it’s latest is sure to bring that bottom line back up.
The holidays are right around the corner, and either you or someone you love deserves something amazing. But maybe more you than them, right? Especially if you expect to do some traveling. Whether or not you expect to spend some time in a car or a plane, you should do so in total audio comfort and bliss.
An outdoor advertising campaign from Judd Branding has launched in New York and Chicago for Foursquare. This is the first time Foursquare has come out with an advertising campaign. Foursquare has announced it is also at 55 million users, whereas the last time it released user statistics the company reported just 50 million users.
While I, personally, haven’t had the opportunity to play around with the Windows Kinect motion sensor, I’ve seen it in action and it looks quite fun. When it comes to gaming on an Xbox, who doesn’t like voice and full-body gesture control? But now, Microsoft is taking things to the next level with its latest SDK 2.0 for Kinect v2 sensors. Soon, we’ll see Kinect-compatible apps in the Windows Store.
Michigan has become the latest state to clearly ban the sale of Tesla vehicles. Tesla only sells its electric cars directly to consumers, and that has gone against the state-level laws in some parts of the US. Michigan was one of the states that had laws on the direct sale of motor vehicles to consumers, and Governor Rick Snyder has signed Bill 5606 that specifically bans direct Tesla sales.
Airbnb has come under fire in cities like New York, but San Francisco has taken steps to make the service legal in that part of California. Though the state government in California does not look upon short-term rentals through Airbnb in a positive way, the Board of Supervisors in San Francisco has decided to allow the rentals.
The rumored $500 million funding round for Magic Leap is real, and Google is leading it. The tech company is leading a $542 million round for Magic Leap, a virtual and augmented reality startup that could take on a bunch of companies. Magic Leap has made headlines recently for its life-like augmented reality tech that is supposed to launch relatively soon in a consumer-ready device.
Staples has launched an investigation into a possible security breach that may have left customer credit cards vulnerable. The office supply retailer’s locations in the northeast may have been affected, according to reports. After it was found there was a trend of fraudulent credit transactions that could be tied back to Staples, the company publicly acknowledged an investigation on Tuesday.