THE NEWS WRAP: Prominent VC Bill Gurley warns tech startup risk approaching dotcom bubble levels

9:25AM | Tuesday, 16 September 2014 | Kye White

Prominent venture capitalist Bill Gurley, a general partner at VC firm Benchmark, has warned Silicon Valley may have taken on more risk than it can handle over the past year.


THE NEWS WRAP: Microsoft set to unveil $2.5 billion bid for Minecraft developer

9:21AM | Monday, 15 September 2014 | Kye White

Microsoft will unveil a $2.5 billion bid to buy Mojang, the Swedish developer of Minecraft, Monday morning US time.

 | Business

Microsoft at risk of being in contempt of court for not handing over Irish emails: The News Wrap

9:19AM | Thursday, 4 September 2014 | Kye White

A United States federal court judge is considering whether or not to hold Microsoft in contempt for defying orders to give the US government e-mails stored on a server in Ireland.

 | Business

THE NEWS WRAP: Apple patches Find My iPhone exploit, investigates celebrity photo leaks

9:37AM | Tuesday, 2 September 2014 | Andrew Sadauskas

Apple has confirmed it is “actively investigating” the possibility nude celebrity photos were leaked as a result of an attack on its iCloud service, with the tech giant also issuing an emergency patch for Find My iPhone.

 | Business

THE NEWS WRAP: Apple partners with Amex, Mastercard and Visa for iPhone 6 payments

9:25AM | Monday, 1 September 2014 | Kye White

Apple is partnering with American Express, Mastercard and Visa, to enable iPhone 6 owners to pay for goods in physical stores.

 | Business

THE NEWS WRAP: Apple’s new wearable to be revealed in less than two weeks

8:15AM | Thursday, 28 August 2014 | Kye White

Apple is planning to reveal its new wearable device alongside its new next-generation iPhones on September 9.

 | Business

THE NEWS WRAP: Amazon acquires game streaming platform Twitch for $970 million

8:18AM | Tuesday, 26 August 2014 | Kye White

Amazon, not Google as was earlier reported, is purchasing game streaming company Twitch.

 | Business

THE NEWS WRAP: China could have its own operating system by October

8:15AM | Monday, 25 August 2014 | Kye White

China could have a new homegrown operating system by October, to take on imports Microsoft, Google and Apple.

 | Business

THE NEWS WRAP: Twitter to remove images of deceased individuals upon request

8:19AM | Thursday, 21 August 2014 | Broede Carmody

Twitter will remove images of deceased individuals at the request of family members.

 | Business

THE NEWS WRAP: Google looking for ways to get more children using its services

8:19AM | Tuesday, 19 August 2014 | Kye White

Google has been working to overhaul its Web services so it can legally allow children to use them.

 | Business

THE NEWS WRAP: Yahoo! acquires Israeli ad security startup for undisclosed amount

8:24AM | Monday, 18 August 2014 | Kye White

Yahoo! has acquired Israel-based advertising startup Clarity Ray.

 | Business

THE NEWS WRAP: Apple looks at sapphire screens but cost is a factor

8:31AM | Friday, 15 August 2014 | Kye White

Apple is considering using its sapphire unbreakable screens in more-expensive models of the two larger iPhones it plans on unveiling later this year, if it can get enough of the material.

 | Business

THE NEWS WRAP: Amazon boosts payments options in fight against Square and PayPal

8:16AM | Thursday, 14 August 2014 | Kye White

Amazon has unveiled its mobile payments product – Amazon Local Register, a credit card reader and app combination that will enable small businesses to take payments on a smartphone or tablet.

 | Business

Users not pleased with Facebook Messenger split

8:38AM | Monday, 11 August 2014 | Kye White

Facebook has begun forcing users to download its Facebook Messenger app, in order to use its messenger service, and users aren’t happy.

 | Business

THE NEWS WRAP: Square gets a taste for the gourmet with $90 million deal

8:19AM | Tuesday, 5 August 2014 | Kye White

Mobile payments company Square has acquired food delivery service Caviar.

 | Business

THE NEWS WRAP: Alibaba continues heavy investment in US tech companies

8:19AM | Monday, 4 August 2014 | Kye White

Chinese internet retailer Alibaba, which is set to go public in New York in one of the largest public offerings ever in the United States, is investing huge sums of money in US tech companies.

 | Business

THE NEWS WRAP: Mooted Alibaba deal could put Snapchat in the $10 billion club

7:20AM | Thursday, 31 July 2014 | Kye White

Snapchat is in talks with Chinese e-commerce giant Alibaba for a round of financing that may value the company at $10 billion.

 | Business

THE NEWS WRAP: Swell deal might see Apple ready to shell out $30 million

7:00AM | Tuesday, 29 July 2014 | Kye White

Apple is close to buying talk radio app Swell, in a deal said to be worth around $30 million.

 | Business

THE NEWS WRAP: Internal documents reveal Amazon plans for credit card reader

7:21AM | Monday, 28 July 2014 | Kye White

Amazon is reportedly set to launch its own mobile credit card reading technology, according to internal documents from the office supply store Staples.

 | Business

NEWS WRAP: Facebook’s growth and earnings continue to exceed expectations

7:22AM | Thursday, 24 July 2014 | Kye White

Facebook has beaten earning projections for eight quarters in a row, announcing it has posted $2.91 billion in revenue and $0.42 EPS for this year’s second quarter.

 | Business