Consumer Technology


  • Uber filing sets total worth at $40 billion Thursday, 4 Dec 2014 | 12:56 PM ET
    The Uber app on a mobile phone

    A Delaware filing coincides with reports that Uber is in the middle of a major round of VC financing that could value it at $40 billion, NYT reports.

  • SEOUL, Dec 4- Three deputies to the head of Samsung Electronics Co Ltd's mobile division are leaving, a person with knowledge of the matter said on Thursday, as the world's largest smartphone maker faces a rapid decline in profit. Samsung Electronics declined to say if any executives were leaving the company as it announced its annual reshuffle for...

  • Google whips Apple in video streaming battle Wednesday, 3 Dec 2014 | 10:04 AM ET
    Google Chromecast.

    In the video streaming space, consumers are reaching for Google's Chromecast before Apple TV. Tech Bet breaks down the sector.

  • OAKLAND, Calif., Dec 2- The late Steve Jobs, co-founder of Apple Inc, led the company to violate antitrust laws by restricting music purchases for iPod users to Apple's iTunes digital store, an attorney for consumers suing Apple said in court. Opening statements began on Tuesday in an Oakland, California, federal court in the long-running class action, which harks...

  • OAKLAND, Calif., Dec 2- The late Steve Jobs, co-founder of Apple Inc, led the company to violate antitrust laws by restricting music purchases for iPod users to Apple's iTunes digital store and not rival services as well, an attorney for consumers suing Apple said in court. Plaintiff attorney Bonny Sweeney showed the court emails from top Apple executives,...

  • Will Apple Pay sabotage your spending budget? Tuesday, 2 Dec 2014 | 9:59 AM ET
    The new Apple Pay mobile payment system

    The era of Apple Pay is here, meaning more ways for you to spend too much. Or maybe apps will actually teach consumers to be stingier.

  • SEOUL, Dec 1- Top global smartphone maker Samsung Electronics Co Ltd said on Monday that mobile division chief J.K. Shin will retain his position, dashing for now speculation that he could be forced out in response to shrinking profits. Samsung Group defied expectations of a shake-up at Samsung Electronics over its sagging smartphone sales, announcing no top...

  • This year's most popular consumer tech toys Friday, 28 Nov 2014 | 12:02 PM ET
    An attendee poses next to Samsung's 110-inch UHD television at the 2014 International CES at the Las Vegas Convention Center.

    As estimated 95 million Americans will shop on Black Friday, and they want consumer electronics in their carts.

  • Germany backs Blackberry's purchase of Secusmart Friday, 28 Nov 2014 | 5:05 AM ET

    BERLIN, Nov 28- Germany has approved Canadian smartphone maker Blackberry's planned acquisition of Secusmart, the encryption technology of which is used to protect the mobile devices of top politicians including Chancellor Angela Merkel. The issue was particularly sensitive in Germany, given that the deal was announced after revelations that U.S....

  • Staff fear the chop in Samsung Elec annual reshuffle Thursday, 27 Nov 2014 | 11:40 PM ET

    SEOUL, Nov 28- Insiders say staff at Samsung Electronics have never been so anxious ahead of the annual reshuffle, as a weak smartphone performance and its worst earnings in three years are expected to cost many jobs. Squeezed by Chinese rivals like Xiaomi Technology at the low end and Apple's iPhones at the top, Samsung's share of the smartphone market has also...

  • Nov 26- A federal appeals court on Wednesday rejected Motorola Mobility LLC's attempt to hold several Asian suppliers liable under U.S. antitrust law for fixing prices of mobile phone displays sold to its foreign units. The 7th U.S. Circuit Court of Appeals in Chicago, in an opinion by Circuit Judge Richard Posner, said Motorola Mobility, a unit of Lenovo Group Ltd,...

  • Report: Sony making a watch out of e-paper Wednesday, 26 Nov 2014 | 10:10 AM ET

    According to a report, Sony is said to be developing a watch made out of electronic paper that is set to be released in 2015.

  • Behind Black Friday's giant, cheap TV deals Wednesday, 26 Nov 2014 | 6:29 AM ET
    Vizio P-Series Ultra HD Smart TV

    You might need two carts to walk away with what may be this year's biggest Black Friday bargain: a 65-inch Vizio TV at Walmart for $648.

  • TOKYO, Nov 25- Japan's loss-making Sony Corp plans to slash its TV and mobile phone product line-ups to cut costs, counting on multi-billion dollar revenue surges for its buoyant PlayStation 4 and image sensor businesses over the next three years. Having lost ground to nimbler rivals like Apple Inc and Samsung Electronics Co Ltd in consumer electronics, Sony...

  • TOKYO, Nov 25- Japan's loss-making Sony Corp said it's targeting a near 70 percent jump in revenue for its electronic devices division over the next three years, even as it warned further restructuring is in store for its TV and smartphone units. The ambitious plan to hoist revenue at the division housing its growing image sensor business, to between 1.3 trillion...

  • *Investors pump $48 million into nano-technology company. TEL AVIV, Nov 24- An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries. The company has raised $48 million from two rounds of funding, including...

  • Even 'Big Hero' movies still need heart: Disney Saturday, 22 Nov 2014 | 2:22 PM ET
    Image from Big Hero 6 by Disney

    Technology may rule the box office, but a good movie still needs a strong plot and characters, one Disney technician told CNBC in an interview.

  • Mon Dieu! Europe mulls Google break-up Friday, 21 Nov 2014 | 2:16 PM ET

    The European parliament is poised to call for a break-up of Google, in one of the most brazen assaults so far on the technology group's power.

  • Bezos will offer Post to Kindle owners for free Thursday, 20 Nov 2014 | 10:51 AM ET
    The Washington Post sign is displayed on the newspaper’s building in Washington, Aug. 6, 2013.

    Jeff Bezos bridged Amazon and Washington Post with a deal that offers Kindle owners free Post access for six months, reports New York Times.

  • UPDATE 1-Best Buy profit beats estimates as costs fall Thursday, 20 Nov 2014 | 8:18 AM ET

    Nov 20- Best Buy Co Inc, the largest U.S. consumer electronics retailer, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline. Best Buy shares were up nearly 10 percent in heavy trading before markets opened. Best Buy has removed layers of management, cut jobs, shut stores and boosted cash reserves...