NJ agrees to ban Tesla direct sales

Posted by Forexsq 37 days ago (http://money.cnn.com)
img A New Jersey agency has agreed to ban Tesla from selling cars directly to consumers in the Garden State Tuesday.

Tesla (TSLA) has been selling directly to shoppers at two locations in New Jersey for about a year, but state officials will now force the automaker to sell cars through a franchised car dealership.

Google’s gigabit gambit isn’t going away

Posted by Forexsq 37 days ago (http://www.marketwatch.com)
img Google Fiber, the tech giant’s experiment as a high-speed Internet service provider, seems poised to make its critics look bad.

Cable executives told me back in 2010 that Google GOOG -0.52% would flop as a telecommunications provider, because it’s a very different business than the search advertising business that vaulted the company into a major global brand. It requires truck fleets and tec

WhatsApp Shows How Phone Carriers Lost Out on $33 Billion

Posted by Forexsq 53 days ago (http://www.bloomberg.com)
img Facebook Inc. (FB)’s $19 billion purchase of mobile-messaging startup WhatsApp Inc. is a stark reminder of how much money phone carriers are losing out on as competitors let users text and chat at no charge.

Free social-messaging applications like WhatsApp cost phone providers around the world -- from Vodafone Group Plc (VOD) to America Movil SAB (AMXL) and Verizon Communications Corp. -- $32.

Nokia unveils first Android phones

Posted by Forexsq 53 days ago (http://www.imobileface.com)
img Just months after being sold to Microsoft, Nokia is planning to release a wave of Android smartphones -- with a difference.

Nokia (NOK) CEO Stephen Elop took to the stage at Mobile World Congress to unveil three low-end Android phones mostly intended for emerging markets.

Selling for between 89 and 109 euros ($149), the Nokia X, X plus and XL phones appear designed to introduce users to Mic

What’s up with Facebook’s $16 billion WhatsApp deal

Posted by Forexsq 57 days ago (http://www.marketwatch.com)
img Investors and pundits from Wall Street to Silicon Valley were stunned on Wednesday afternoon after Facebook said it was paying a total of $16 billion in combined cash and stock for WhatsApp, an Internet-based mobile texting app that circumvents the SMS messaging services operated by the telcos and has more than 450 million users around the world.

Facebook FB -2.23% investors initially were not

Google search results changing over EU antitrust issues

Posted by Forexsq 72 days ago (http://money.cnn.com)
img Google's search results in Europe will look very different after the company agreed to changes that should settle a long-running antitrust case.

Google (GOOG, Fortune 500) has agreed to give more prominence to competitors such as Yahoo (YHOO, Fortune 500), Microsoft (MSFT, Fortune 500) and Expedia (EXPE), according to the European Commission, which regulates business competition in the region.

Lenovo to Buy Google’s Motorola Unit for $2.91 Billion

Posted by Forexsq 78 days ago (http://www.bloomberg.com)
img Lenovo Group Ltd. (992) agreed to buy Google Inc. (GOOG)’s Motorola Mobility phone unit for $2.91 billion, as the world’s largest personal-computer maker continues a buying spree of U.S. technology businesses. Lenovo fell 8 percent.

The sale includes $1.41 billion in cash and Lenovo stock paid at the close of the deal, with $1.5 billion to be paid in a three-year promissory note, Google said i

Google to make smart contact lenses

Posted by Forexsq 91 days ago (http://money.cnn.com)
img Google is developing smart contact lenses that measure the glucose levels in diabetics' tears.

If successful, Google's newest venture could help to eliminate one of the most painful and intrusive daily routines of diabetics.

Musk says cheaper Tesla model "about three years away"

Posted by Forexsq 93 days ago (http://money.cnn.com)
img It's the car Tesla "has always wanted to make." But it's still about three years away.

That's per Tesla CEO Elon Musk, who spoke to CNN's Poppy Harlow Tuesday about the progress of the company's long-planned affordable offering.

At the moment, the only vehicle the electric car maker has on the market is the widely acclaimed Model S, prices for which start around $70,000. When it does hit th

Mercedes Takes Cues From Apple in Reboot of C-Class Sedan

Posted by Forexsq 95 days ago (http://www.bloomberg.com)
img Mercedes-Benz is adding touchpad technology pioneered by the iPhone and an iPad-like display to the C-Class sedan to boost its bid to surpass BMW in sales.

Mercedes is offering its best-seller with trendy smartphone-like features and technology from the flagship S-Class sedan, including a 360-degree camera and six radar sensors to enhance safety systems. The German carmaker unveiled the model’

Tencent: China's hottest tech company

Posted by Forexsq 99 days ago (http://money.cnn.com)
img Which tech company has a bigger market cap than Cisco or HP, more users than Twitter and more sales than Facebook?

You'll find the answer in China, where Tencent has been spinning a web of mobile, telecom and online retail businesses that rank among the largest in the world.

BlackBerry Founder Walks Away From Possible Takeover Deal

Posted by Forexsq 113 days ago (http://www.bloomberg.com)
img BlackBerry Ltd. (BBRY) co-founder and former Chief Executive Officer Mike Lazaridis walked away from a possible takeover plan and reduced his stake in the struggling smartphone maker after it ended an attempt to sell itself.

Lazaridis now owns 26.3 million shares, or 4.99 percent of its outstanding shares, according to a regulatory filing yesterday. The former BlackBerry executive, who earlier

25 apps you'll want to download right now

Posted by Forexsq 114 days ago (http://money.cnn.com)
img If you got a new smartphone or tablet for Christmas, you might be feeling overwhelmed when you start poking around the app store.

Apple still has a China problem

Posted by Forexsq 115 days ago (http://money.cnn.com)
img Apple's landmark deal with China Mobile gives it access to more than 700 million new cell phone customers -- a staggering number. But it still has a long way to go before it's a power player in the world's biggest market for smartphones.

That's because Apple (AAPL, Fortune 500) continues to fight the smartphone battle in China with one hand tied behind its back. The problem is its expensive pr

Apple Reaches Deal to Sell IPhones Through China Mobile

Posted by Forexsq 116 days ago (http://www.bloomberg.com)
img Apple Inc. ending six years of negotiations, struck a deal to sell the iPhone through China Mobile Ltd. (941), giving both companies a means to fight declining share in the market of 1.2 billion wireless subscribers.

China Mobile will sell the iPhone 5s and 5c models in its retail stores starting Jan. 17, the companies said in a statement that provided no financial terms. The phones for China
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