Business News

Google Reportedly Creates AI Investment Program

Google has reportedly put together an investment program specifically for artificial intelligence ventures. The venture capital program is led by Anna Patterson, Google's VP of engineering, according to Axios. This fits with Google's statement that it's an "AI first" company.

Tidal Loses Another CEO

Music streaming company Tidal continues to have a hard time holding on to its top executives. Jeff Toig, the company's CEO, is leaving. Billboard reports Toig is out and will be replaced shortly. He previously worked at SoundCloud for a couple years before joining Tidal.

Apple News Getting An Editor-In-Chief

Apple is placing an editor-in-chief at the head of Apple News for the first time. Lauren Kern, formerly the executive editor at New York Magazine, is filling the role and will presumably work on curating content. She could help Apple make sure news sources are legitimate.

Samsung Won't Sell Its Network Business

According to latest reports, Samsung SDS, the IT solutions unit of Samsung Group, has decided to drop plans to sell its home network systems business. The company was in talks with Ireland-based Allegion, but the company either failed to reach an agreement or decided not to go

Qualcomm Must Pay $940 Million To BlackBerry

The ongoing dispute between BlackBerry and Qualcomm is finally over. The popular chipmaker has agreed to pay BlackBerry $940 million to settle a royalty dispute. The company needs to pay the whole amount by May 31, 2017, the same day when the BlackBerry KEYone will launch in the

Google Will Track The Offline Impact Of Online Ads

Google is enhancing its advertising system to track the impact that online ads actually have on offline purchases. At its annual advertiser conference, Google announced a tool that'll track the way people spend money in brick-and-mortar stores. Clicks are connected to purchases.

Apple FCC Application Reveals 5G Tests

Apple has filed an application with the FCC to test 5G wireless technology, presumably so that it can improve connectivity on the iPhone. The document was discovered by Business Insider and it reveals Apple is applying for an experimental license to utilize millimeter wave bands.

SoftBank Invests $4 Billion In Nvidia

SoftBank, one of Japan's largest technology companies, has invested $4 billion in chipmaker Nvidia. Bloomberg reports SoftBank is taking a big stake in the company and this investment gives it around 4.9% equity in Nvidia. This investment is part of its Vision Fund.