The News Wrap

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THE NEWS WRAP: Former Facebook engineering chief becomes White House tech director

3:29AM | Friday, 20 March 2015 |  The White House has hired former Facebook engineering director David Recordon to be its director of technology, Yahoo! reports.

THE NEWS WRAP: Apple holds off on Beats streaming service until June

3:38AM | Friday, 6 March 2015 |  Apple won’t be unveiling its Beats-based music streaming service at its Spring Forward event next week, sources tell 9to5mac.

THE NEWS WRAP: Apple continues to grow global smartphone operating profit share

2:24AM | Friday, 27 February 2015 |  While Google may be winning the mobile operating system market share race, it lags well behind in profits.

THE NEWS WRAP: Uber expands Series E round to $2.8 billion

2:21AM | Friday, 20 February 2015 |  Transportation network startup Uber has expanded its Series E round of venture financing to nearly $2.8 billion due to investor demand, The New York Times reports.

THE NEWS WRAP: Expedia acquires Orbitz and associated brands for about $US1.6 billion

2:29AM | Friday, 13 February 2015 |  Travel booking giant Expedia is buying competitor Orbitz for about $US1.6 billion ($A2b), Skift reports.

The News Wrap: Microsoft invests in startup to wrest control of Android from Google

1:27AM | Friday, 30 January 2015 |  Microsoft is investing in a startup that is trying to weaken Google’s hold over Android, The Wall Street Journal reports.

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.
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