New Technology News

Wednesday, April 23, 2014

Nike appears to be retreating from its vanguard position in the computer wearables market. The company reportedly has begun slashing the engineering team working on its FuelBand product, a fitness computer that can be worn on a wrist, laying off as many as 55 of the 70-person team working on FuelBand. However, Nike subsequently insisted the FuelBand was still an important part of its business, saying it would continue to improve the product, offer it in new colors, and sell and support it for the foreseeable future.

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Wearables Just Don't Do It for Nike

12:50 AM

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Nike appears to be retreating from its vanguard position in the computer wearables market. The company reportedly has begun slashing the e...

Tuesday, April 22, 2014

In honor of this year's Earth Day, celebrated Tuesday, Apple is showcasing its efforts to lessen its carbon footprint and become more environmentally sustainable as part of its 'Better' Campaign. The company released new promotional material, including a video narrated by Tim Cook, that outlines its commitment to increasing energy efficiency in an effort to reduce its impact on climate change. Apple wants to leave the world "better than we found it," says Cook.

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Apple Shoots for 'Better'

1:17 PM

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In honor of this year's Earth Day, celebrated Tuesday, Apple is showcasing its efforts to lessen its carbon footprint and become more ...

Weebly, which offers easy-to-use tools for building websites, announced today that it has raised $35 million in Series C funding. The money comes from previous investor Sequoia Capital and from Chinese company Tencent. Weebly CEO David Rusenko told the Wall Street Journal that the round valued his company at $455 million. Read More

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Website-Building Platform Weebly Raises $35M More

12:22 PM

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Weebly, which offers easy-to-use tools for building websites, announced today that it has raised $35 million in Series C funding. The money ...

The Sports Torrent Network, a brazenly named file-sharing site, shut down after UK police threatened to put its operators behind bars for up to 10 years. TSTN was a hotbed for illicit broadcasts of European soccer, the National Hockey League, Formula 1 races and more. The site reportedly had about 20,000 members, making it "possibly the largest site of its type." TSTN did not itself host pirated content but instead facilitated users' quests to find said content on peer-to-peer networks.

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Popular UK Sports File-Sharing Site Shuttered

10:52 AM

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The Sports Torrent Network, a brazenly named file-sharing site, shut down after UK police threatened to put its operators behind bars for ...

A fire that erupted at the data center of Samsung SDS in Gwacheon, South Korea, reportedly took out services to Samsung smartphones, tablets and smart TVs for several hours. The company reportedly stopped all services offered through its website and smartphone apps, and said consumers could not use its online payment services or receive text message confirmations of payments made. The size of payments made by Korean consumers abroad using cards affiliated with other partners, including American Express, apparently also was restricted.

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