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Currently Browsing: Results for Tag "billion"

Outfit7 purchased by Asian consortium for $1 billion

Outfit7 purchased by Asian consortium for $1 billion Update: Earlier this week, a report surfaced suggesting that Outfit7 was to be acquired by a Chinese chemical firm for $1 billion.As it turns out, today the purchase price was confirmed by Outfit7 but the purchaser in the initial report was wrong.

Snap public IPO finally gives insight into Snapchat’s financials and user numbers

Snap public IPO finally gives insight into Snapchat’s financials and user numbers , the maker of visual messaging app Snapchat, has released its initial public offering (IPO) filing through the Securities and Exchange Commission.Europe is Snapchat’s second biggest region with 52 million users, and in the rest of the world the app has amassed 39 million users — although that figure was stagnant in its most recent quarter.

ZTE integrates Hiya’s spam-blocking technology into the Axon 7 smartphone

ZTE integrates Hiya’s spam-blocking technology into the Axon 7 smartphone Unsolicited phone calls are bad enough, but few things in life are worse than spammers.On Monday, ZTE announced a partnership with spam protection service Hiya that will see the spam-blocking technology integrated into the Axon 7 smartphone.

Spending spree: Samsung rumored to have $1 billion put aside to buy AI companies

Spending spree: Samsung rumored to have $1 billion put aside to buy AI companies offices, says it has a $1 billion budget put aside for buying up exciting firms working on AI.The massive sum won’t only be used for acquisitions, but also to invest in companies involved in AI.