THE BUSINESS OF TECHNOLOGY
RainStor, the provider of a specialized database that enables wide scalability through extreme compression techniques, has raised $12 million in a Series C round led by Credit Suisse and Rogers Venture Partners. Existing investors Doughty Hanson Technology Ventures, Storm Ventures and the Dow Chemical Company also participated. Spun out of … [Read more...]
A Seoul Court ruled Friday that while both Samsung's and Apple's devices look similar, Samsung is not in violation of stealing the design, Reuters reported. The judge ruled that consumers were not likely to confused the two products as each device has clear company logos, and that such factors as price, operating systems, services and performance … [Read more...]
Google's self-driving robot cars have now clocked over 300,000 miles, the equivalent of driving 12 times around the world's 25,000 mile equator circumference. And they've done it without an accident, or at least one caused by the self-driving computer. Drive around the world often enough, and eventually someone will hit you, even if you are R2D2, … [Read more...]
Apple's iPad may be leading the tablet revolution with a global penetration of 68 percent, but it's even more popular in China, where the iPad holds nearly 73 percent of the tablet market, according to the latest stats by Analysys International, China Daily recently reported. That's an impressive feat in a country where even the cheapest iPads … [Read more...]
by MATT GALLAGHER, Red Herring Skyera launched Skyhawk this week, a series of enterprise solid-state storage systems that effectively eliminate the price barrier to solid state storage technology. At $3 per gigabyte, or as low as $1 after compression and deduplication, the technology makes solid state-storage an affordable realistic technology … [Read more...]
A federal judge has granted Apple its injunction against Samsung in the company's patent dispute, preventing the phone maker from selling in the US the Samsung Galaxy Nexus, the flagship handset sporting Google's Android OS. The computer giant was granted a similar injunction blocking the sale of Samsung Galaxy Tab 10.1 last month. Apple had … [Read more...]
Apple has sued Samsung over patent violation, demanding that the company halt the launch of its highly anticipated Galaxy S III in the US. The technology giant contends that Samsung infringed on at least two patents related to data-tapping and unified search technologies, and that the phone bears a strong resemblance to the iPhone. The company … [Read more...]
One of the world's largest maker of hard disk drives, Seagate upped its flash memory capabilities with an undisclosed investment in Israel's DensBits, a company that improves the reliability of flash drives while cutting the price. DensBits has been able to improve the reliability of flash memory chips so that less space on the chip is needed … [Read more...]
Tax breaks aren't free. In exchange for $89 millions of dollars in tax incentive, Apple is planning to build a $1 billion data center in Reno, Nevada, in order to house its various online services, including iCloud, iTunes, and its App Store. The news was first reported by the Reno Gazette-Journal. In response to rising Internet traffic as well … [Read more...]
It may have been a subtle switch in wording, but Apple's latest description of its own security features rings in a new age, a day when not even the Mac is safe from botnets and hackers. In the wake of the Flashback botnet specifically targeted at Macs, the company removed its Mac website statement that “It doesn't get PC viruses,” replacing it … [Read more...]