The News Wrap
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.
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 buyback10:23AM | 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 space10:25AM | 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.
9:22AM | Friday, 26 September 2014 | Google has responded to a letter Rupert Murdoch’s News Corp sent to the European Commission in which he alleged the company was willing to exploit its market position to stifle competition, and that it was a platform for piracy and the spread of malicious networks.
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.
9:32AM | Friday, 12 September 2014 | The battle between transportation network startups Uber and Lyft isn’t a close fight, Wired reports.
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.
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.
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.