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Snap Stocks Tumbles 26 Percent

Snap Inc. added fewer users than projected in the first quarter, a sign that Facebook Inc.’s strategy of copycatting virtually every feature of its Snapchat app is taking a toll on the newly public company. The stock tumbled 26 percent. In its debut earnings report after a March initial public offering, Snap, whose mobile app […]

Sony Sees Highest Profit Since 1998

Sony’s recovery is almost complete, with the electronics maker targeting its highest annual operating profit in two decades. Continued dominance in gaming and strong growth in phone-camera chips will translate into operating profit of 500 billion yen ($4.5 billion) for the fiscal year through March 2018, the Tokyo-based company reported Friday. That was in line […]

Adidas’ All Day App Aims to Help You stay Fit & Eat Healthy

Earlier this month, at SXSW, Adidas teased it was working on new, “open” digital fitness products. And today we’re getting a clearer picture of its strategy, thanks to the introduction of All Day, an app for iOS and Android that’s designed for “versatile” athletes. What this means, according to Adidas, is that the application will […]

Xperia Projector – Turn Any Surface into a Touchscreen

Sony has unveiled Xperia Touch, a $1,600 interactive projector that converts any flat surface into a 23-inch touchscreen, and a smartphone model with a super-slow motion camera and 4K screen.

Fuse Raises $12 Million For App Building Tool

In 2015, Fuse began testing a service that it claimed would provide a better way for designers and developers to build mobile apps, eliminating the need to constantly compile code. Today the company announced it has hit a major milestone, raising a $12 million Series A round from returning investors Northzone and Alliance Ventures. With […]

Apple May Invest in $100 Billion SoftBank Fund

Apple has held talks about investing in a $100 billion technology fund that SoftBank aims to launch next year, according to a person with knowledge of the discussions. Apple may contribute as much as $1 billion to the fund, which would give the company insight into up-and-coming technologies. Apple invested $1 billion in May in […]

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