February 21, 2014 |
SAN FRANCISCO - The $19 billion that Facebook Inc. is paying for a smartphone app, one of the biggest tech deals of all time, made jaws drop even in Silicon Valley, where entrepreneurs tend to have an inflated sense of their own worth. "It's 19 Instagrams," observed serial start-up entrepreneur Adam Rifkin, referring to the $1 billion Facebook paid for the popular photo-sharing app in 2012. But analysts say the purchase of WhatsApp could pay off for Facebook as it takes on Google Inc. and other technology giants in the escalating arms race to be the next big thing in mobile.
February 19, 2014 |
SAN FRANCISCO - Facebook Inc., making its biggest bet yet that its future is in mobile devices, stunned the technology world by announcing it would pay $19 billion in cash and stock for a smartphone messaging app. The giant social network is buying WhatsApp, a mobile messaging service that is immensely popular around the globe and has revolutionized how users - especially young people - communicate. With the app, users can send messages over the Internet rather than via wireless carriers that may charge for the service.
CALIFORNIA | LOCAL
February 6, 2014 |
SACRAMENTO - Citing skyrocketing thefts of smartphones and tablets, officials proposed Thursday that California become the first state to require the devices to be sold with "kill switches" that render them inoperable when stolen. State Sen. Mark Leno (D-San Francisco) and other lawmakers said they plan to introduce such legislation with the support of Los Angeles Mayor Eric Garcetti and Police Chief Charlie Beck. L.A. had a 12% increase in mobile-device thefts in 2012, the most recent figures available.
February 6, 2014 |
The 2014 Winter Olympics have begun, and once again people can watch the action live on the Web and through their mobile devices. NBC, which has the rights to the U.S. broadcast of the Games, is letting people watch the sporting events through NBCOlympics.com as well as the NBC Sports Live Extra app, which is available for both Apple iOS and Android devices. Live streaming of the events began Thursday and goes through Feb. 23. To watch, viewers are required to have a cable or satellite subscription with one of NBC's participating partners.
February 4, 2014 |
SAN FRANCISCO - If you want to get a glimpse of Facebook's future, download Paper, the social network's new mobile news reader. The app for the iPhone is part of what Facebook says is its big push to deliver "the best personalized newspaper in the world. " But it's more than just an app for reading news. It's Facebook reimagined for the smaller screen. Paper doesn't just help users discover news on dozens of topics. It can also be used by users to browse their News Feed, get messages and notifications and search Facebook.
January 30, 2014 |
SAN FRANCISCO - As far as Wall Street is concerned, Google Inc. can build all the robots and self-driving cars that it wants as long as it keeps growing its main business: online advertising. And increasingly, that means selling ads that are shown on mobile devices. Google reported Thursday that fourth-quarter net income and revenue rose 17%, to $3.38 billion and $16.86 billion, respectively. The technology giant, however, continued to struggle with a decline in online ad prices.