Twitter's flat growth and falling profits made for a dim outlook until a few weeks ago when sources close to the social media platform said that Google, Salesforce and other tech luminaries were looking to buy it. The company's stock jumped 20 percent that day, and speculation has continued as to which would be the best buyer. But it seems time is of the essence: Twitter wants to conclude sale deliberations before October 27th, the day it reports its third quarter earnings, sources told Reuters.
The doors of Apple’s first-ever iOS developer academy in Italy are set to open to students tomorrow, but according to a new report, getting through the doors is harder than getting into Harvard.
About 4,000 people applied to be part of the inaugural class at the development center in San Giovanni a Teduccio, a suburb of Naples. Only 200 were accepted, giving the school an acceptance rate of 5%. That’s slightly lower than Harvard’s 5.8% acceptance rate in 2016.
Samsung on Wednesday announced the acquisition of Viv, a next-generation artificial intelligence firm created by Siri co-founders and former Apple employees Dag Kittlaus, Adam Cheyer and Chris Brigham.
Under the terms of today's agreement, Viv will function as a separate entity from Samsung, but is contractually obliged to provide services to the Korean tech giant, according TechCrunch. Recode contradicts the report, saying all Viv employees, around 30 in total, will be assimilated into Samsung's apparatus.
More than one in ten (11 percent) of all UK organizations have never even heard of ransomware, Trend Micro claims. Another 20 percent don't know how the malware works. Yet, more than four fifths, or 82 percent to be exact, consider malware a threat.
Microsoft created a new ventures arm just over four months ago. As of October 4, Microsoft Ventures has invested in 13 companies, officials said today.
Microsoft and the Series A to Series D startups in which it has invested to date are not disclosing the amount Microsoft is investing in each of the companies in its portfolio. But Microsoft has created a new Microsoft ventures site listing the companies it is backing.