Tech

Adobe acquires Magento for $1.68 billion
Tech

Adobe acquires Magento for $1.68 billion

Adobe said it has agreed to acquire Magento Commerce for $1.68 billion. The deal is subject to customary purchase price adjustments. The addition of the Magento Commerce Cloud will enable commerce to be seamlessly integrated into the Adobe Experience Cloud, delivering a single platform that serves both B2B and B2C […]

Baidu sells off its DU apps unit
Tech

Baidu sells off its DU apps unit

Baidu said it has entered into definitive agreements with certain investors relating to the divestiture of its global ad and tools business which provides DU ads and tool apps, including Du Caller, Mobojoy, Photo Wonder and DU Recorder. Pursuant to definitive agreements, Baidu will divest a majority equity stake in […]

Brace yourself! These things are going into Extinction
Marketing Tech

Brace yourself! These things are going into Extinction

We are living through a radically-changing time driven by technology and its drivers such as artificial intelligence, big data and singularity. Unfortunately, this quantum leap is predating established tech and tools which are gradually being placed on the endangered list they will eventually become extinct altogether. These things are disappearing […]

Baidu promotes Qi Lu to vice chairman
Global Tech

Baidu promotes Qi Lu to vice chairman

China’s largest search engine company said Qi Lu will no longer serve as the chief operating officer of the company starting in July 2018. Baidu said Qi Lu will continue to serve as vice chairman of the board of directors. “I like to express my sincere gratitude to Qi, who […]

Jeff Holden, Uber’s head of product resigns
Global Tech

Jeff Holden, Uber’s head of product resigns

Jeff Holden, Uber Technologies Inc Chief Product Officer is leaving the company as part of recent executive departures in the ride-hailing startup. According to Reuters News which cited an Uber spokesperson, Holden oversaw Uber Elevate, the company’s flying car operation, which is now headed by Eric Allison, the spokesman said, […]

HTC to launch Exodus, a cryto-centric smartphone
Global Tech

HTC to launch Exodus, a cryto-centric smartphone

Taiwan’s High Tech Computer Corporation known as HTC is said to be planning on launching Exodus, its own smartphone that will be friendly to digital currencies. HTC said the smartphone will be a “blockchain-powered” device that will run on the Google Android OS. According to News.Bitcoin.com, the Exodus smartphone is expected […]