The News Wrap


THE NEWS WRAP: Automated copy startup Persado raises $US21 million

1:12AM | Friday, 23 January 2015 |  Persado, a startup developing software that replaces copywriters with computers, has raised $US21 million ($A26m), the Wall Street Journal reports.

THE NEWS WRAP: Google Glass goes back to the drawing board

1:38AM | Friday, 16 January 2015 |  Google is ending sales of its Google Glass eyewear, according to the BBC.

THE NEWS WRAP: Google’s share of search drops as Yahoo creeps back in

1:38AM | Friday, 9 January 2015 |  In the past year Google’s share of the US internet search market has slipped to its lowest number since 2008.

THE NEWS WRAP: Amazon app store pulled from Google Play

12:34AM | Friday, 12 December 2014 |  Google has pulled Amazon’s app store from its Google Play marketplace, citing an update to its Developer Distribution Agreement.

THE NEWS WRAP: EU urges Google to extend ‘right to be forgotten’ globally

11:29AM | Friday, 28 November 2014 |  The European Union is calling on Google to apply the recent ‘right to be forgotten’ ruling to the rest of the world, The New York Times reports.

THE NEWS WRAP: Facebook does its bit to fight Ebola

11:30AM | Friday, 7 November 2014 |  Facebook is launching a number of new features to help fight Ebola.

THE NEWS WRAP: Twitpic reaches agreement with Twitter over domain and pics

10:29AM | Monday, 27 October 2014 |  Twitpic, which recently announced it would be closing down, has agreed to give Twitter the Twitpic domain and photo archive, keeping the photos and links alive.

THE NEWS WRAP: New Facebook rooms for nom de plumes

10:36AM | Friday, 24 October 2014 |  Facebook has launched a new pseudonymous app called Rooms that lets users create forums about any topic.

THE NEWS WRAP: Icahn say Apple valuation half what it should be, launches campaign for stock buyback

10:23AM | Friday, 10 October 2014 |  Activist investor Carl Icahn has predicted that Apple shares will double to more than $US200 ($A228) as he begins his latest campaign to force the company into another stock buyback, The Guardian reports.

THE NEWS WRAP: Change of tack sees eBay spin off PayPal in reaction to rapidly changing payments space

10:25AM | Wednesday, 1 October 2014 |  eBay Inc has decided to spin off PayPal, a move it says will give the unit more flexibility to strike deals in the rapidly evolving payments space, Reuters reports.