PayPal Co-founder Peter Theil Offered $100,000 to British Teen to Help Create a Company

Andrew Brackin

Paypal co-founder and Tech tycoon Peter Theil has offered Andrew Brackin, a British teen, with $100,000 to help in creating a technology firm but with a condition that he has to attend a university in San Francisco for two years.

The British teenager is one of the youngest businessman to offered with cash. Brackin have gone through rounds of thorough tests in the 2013 Theil Fellowship. The offered cash is to aid in setting up Bunchy, a program to be used for charities to raise money using the popular social networks. Andrew Brackin will also receive . . . → Read More: PayPal Co-founder Peter Theil Offered $100,000 to British Teen to Help Create a Company

Facebook Earned $2.8 Million in a Lawsuit Against Typosquatters

facebook typosquatters

Facebook recently faced a trial against typosquatters and earned victory. For those not familiar with the word “typosquatters”, they are people who are using names close to a popular name that possibly cause a confusion. In the lawsuit with Facebook, they are people who are registering domain names that are very close to a very popular site causing confusion to users and make money from it.

The Northern California District court ruled giving the win to the popular social networking site. Through this decision, Facebook earned a significant amount costing up to $2.8 million and takes . . . → Read More: Facebook Earned $2.8 Million in a Lawsuit Against Typosquatters

BitTorrent Introduces Free Alternative of Cloud Service to Public

bittorrent sync

The peer-2-peer file sharing company, BitTorrent, have shared their latest data-synchronizing technology in the public for a free test.

The developers of BitTorrent uses the basic p2p sharing technology to send infos between users and eliminating the use of cloud services.

Yes! this sync technology eliminates the use of third party servers or cloud services such as Google Drive and Dropbox which have been aggressively leading in this service.

According to an analyst, the service would appeal to individual users for private use but not with big companies.

The San . . . → Read More: BitTorrent Introduces Free Alternative of Cloud Service to Public

Google Says Glass will not Serve Ads

Google Says Glass will not Serve Ads

As Google Glass closes to the mainstream sales, it is inevitable that users are going to expect ads could be seen in the Google Glass as what most apps in phones have.

But as Google delivers the Glass to developers, the tech giant is encouraging them to create apps for this wearable gadget without the ads. Yes, Google is banning developers that will serve ads on this new platform.

In the Google Mirror API terms of service, it allows third-party developers to help this technology and build apps, however, Google stresses clearly that developers . . . → Read More: Google Says Glass will not Serve Ads

iWatch to profit $6 billion in the future

iWatch to profit $6 billion in the future

A billion-story in the making.

Rumors are now spreading for a new Apple product. Some analysts say that this will revolutionize portable players, tablets, music, and smartphones, and will change people’s view on wristwatches. A tech expert believes that this could be worth billions to the super tech giant.

According to Oliver Chen, a Citigroup analyst, the rumored iWatch of the company could be billions of opportunity for them, pulling some numbers by around $6 billion. Furthermore, he thinks that there could be even plentier than $6 billion if the tech giant creates something that is totally fresh and new . . . → Read More: iWatch to profit $6 billion in the future

Apple Agrees to Pay $60 Million to Chinese Company for “iPad” Rights

Shenzhen Proview Technology

China has been an important market for Apple, making it as the second largest after the United States in the growth of the Cupertino, California-based firm.

A court made an announcement on Monday that Apple has agreed to settle a dispute against Shenzhen Proview Technology for $60 million just to officially hold the brand “iPad” in China.

The Cupertino, California-based company has difficulties in selling their popular tablet, iPad, in their second largest market because a Chinese company already holds the name ipad since 2001.

Apple had claimed that they already acquired . . . → Read More: Apple Agrees to Pay $60 Million to Chinese Company for “iPad” Rights

Decreasing Consumer of Microsoft

Decreasing Consumer of Microsoft

Is it true that Microsoft consumer is getting low pinch by pinch as Apple slowly or maybe quickly dominating the technology market?

Five years ago, Microsoft claimed a total profits of $14.398 billion and reported an income of $6.589 billion. A week ago, the company’s sales revenue was $17.407 billion and reported a profit of $6.374 billion – that is just a slight decrease which can be or might be recovered in the coming months. Microsoft is still expanding, although not speedy. And they are truly generating less money.

In comparison with Apple, Five years ago they reported . . . → Read More: Decreasing Consumer of Microsoft