The News Wrap

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THE NEWS WRAP: Alibaba set to raise $24 billion in massive IPO

9:25AM | Friday, 19 September 2014 |  Chinese ecommerce giant Alibaba is set to raise $US21.8 billion ($A24.232 billion) in its initial public offering, according to reports.

THE NEWS WRAP: Uber takes Lyft for a ride in the taxi disruptor wars

9:32AM | Friday, 12 September 2014 |  The battle between transportation network startups Uber and Lyft isn’t a close fight, Wired reports.

THE NEWS WRAP: Leaked document shows Microsoft plans to drop Nokia branding

9:22AM | Thursday, 11 September 2014 |  Microsoft is set to replace the Nokia and Windows Phone brand names, with the tech giant reportedly opting to use the name Windows instead, according to a confidential internal document obtained by Geek On Gadgets.

THE NEWS WRAP: Apple strikes deal with major US financial institutions on mobile payments

9:23AM | Friday, 5 September 2014 |  Apple has reached deals to lower its card transaction fees with some of the largest financial institutions in the US as part of its plan to launch its mobile payments platform, sources have told Bank Innovation.

THE NEWS WRAP: New iPhone to be equipped for mobile payments

8:17AM | Friday, 29 August 2014 |  Apple’s new iPhone, set to be unveiled on September 9, will feature the company’s own payment platform, sources told Wired.

THE NEWS WRAP: Microsoft on the “threshold” of Windows 9 release

8:16AM | Friday, 22 August 2014 |  Microsoft is planning to reveal Windows 9 at a press event on September 30, sources have told The Verge.

THE NEWS WRAP: Google backs $300 million broadband infrastructure project in Japan

8:20AM | Tuesday, 12 August 2014 |  Google has announced it’s backing a new $300 million high speed internet trans-pacific cable system between the US and Japan.

THE NEWS WRAP: Apple files patent for Siri-like desktop virtual assistant with advanced features

8:23AM | Friday, 8 August 2014 |  Apple has filed a patent in the US for a new desktop virtual assistant that is very similar to Apple’s iOS assistant Siri, AppleInsider reports.

THE NEWS WRAP: USB security is 'fundamentally broken'

8:17AM | Friday, 1 August 2014 |  Security researchers Karsten Nohl and Jakob Lell say USB security is fundamentally broken, and there’s no easy fix.

NEWS WRAP: Microsoft confirms up to 18,000 jobs will go in ‘realignment’ of workforce

7:16AM | Friday, 18 July 2014 |  Microsoft chief executive officer Satya Nadella has confirmed the company will shed up to 18,000 jobs in the next year.
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