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CEO Tim Cook on Monday revealed that Apple had signed up 6.5 million customers willing to pay for its Apple Music streaming service. Another 8.5 million users currently are giving the service a look-see during a free three-month trial period Cook, speaking at a digital forum sponsored by The Wall Street Journal, unveiled the hard numbers of paid su...
Shares of Salesforce were up Thursday as it gained momentum from investors cheering on its plans to invest US$100 million into European startup firms. The company on Tuesday announced that its Salesforce Ventures corporate investment unit had allocated $100 million to fund startups in the European market and improve customer service in the region....
Square on Wednesday announced that it had registered with the Securities and Exchange Commission for its long-expected initial public offering. A startup that specializes in electronic payments, Square has been operating in the red. It plans to raise up to US$275 million in its IPO, it disclosed in its SEC filing.
Investors cheered Tuesday after Twitter CEO Jack Dorsey's announcement of plans to cut up to 336 jobs, or 8 percent of the global workforce, as part of an effort to strengthen long-term growth Made some tough but necessary decisions that enable Twitter to move with greater focus and reinvest in our growth. http://t.co/BWd7EiGAF2...
Amazon on Thursday announced Handmade at Amazon, a new specialty site designed to sell original handcrafted wares to a unique set of customers in a market led by rival etailer Etsy Etsy, in its 10th year of operation, put the retail industry on notice in April, when its share price rose to US$31, up 88 percent from its initial public offering price...
Europe's highest court on Tuesday ruled that a 15-year-old agreement regulating electronic data transfers with the United States was invalid, potentially striking a blow to thousands of U.S. technology companies that rely on a uniform legal standard do business overseas The European Court of Justice ruled that the U.S. Safe Harbor agreement was ina...
Nest Labs on Thursday said it would open its communications platform to third-party developers for the first time, which will allow outside home device makers to set up products that communicate directly with Nest products Nest announced an update to its Nest Weave communications protocol that will allow outside developers to link other home device...
Amazon has entered the on-demand delivery space in its hometown of Seattle, where independent workers are delivering orders within two hours or less Under its new Amazon Flex program, the company pays workers between US$18 and $25 per hour to deliver packages to Prime Now customers, company spokesperson Kelly Cheeseman told the E-Commerce Times....
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