THE NEWS WRAP: Reddit launches crowdfunding website

10:33AM | Thursday, 30 October 2014 | Broede Carmody

Reddit has expanded into the crowdfunding space with the launch of Redditmade, a platform that allows moderators to set up projects that can be backed by Reddit users.


THE NEWS WRAP: Twitter’s quarterly revenue up 114%

10:21AM | Tuesday, 28 October 2014 | Kye White

Twitter has announced its third quarter financial results, posting revenue of $US361 million ($A410 million), up 114% year-over-year and earnings per share of $0.01.

 | Business

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

10:29AM | Monday, 27 October 2014 | Kye White

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.

 | Business

THE NEWS WRAP: New Facebook rooms for nom de plumes

10:36AM | Friday, 24 October 2014 | Kye White

Facebook has launched a new pseudonymous app called Rooms that lets users create forums about any topic.

 | Business

THE NEWS WRAP: Developers say new Gmail app will expand upon regular email capabilities

10:21AM | Thursday, 23 October 2014 | Kye White

The new Gmail app, Inbox, is not just an email app, according to its developers.

 | Business

THE NEWS WRAP: Pay users to watch ads? That’s Tsu’s business model

10:22AM | Wednesday, 22 October 2014 | Kye White

Social network startup Tsu believes it has a platform that will get its users excited about seeing advertisements, launching with $US7 million ($A8 million) in investment led by Sancus Capital.

 | Business

THE NEWS WRAP: China’s iPhone users get caught by the Great Firewall

10:22AM | Tuesday, 21 October 2014 | Kye White

China received its first official iPhones last week, but the Chinese firewall is blocking all local connections to, instead redirecting users to a dummy site which looks exactly like Apple’s login page.

 | Business

THE NEWS WRAP: Google says it has no grand plan to lock down Android

10:26AM | Monday, 20 October 2014 | Kye White

While Google has taken its Android operating system into new places, like cars, watches and TVs, it’s also limiting the degree to which hardware makers can tinker with core parts of that software.

 | Business

THE NEWS WRAP: Google’s third quarter results fall just short of analysts’ expectations

10:24AM | Friday, 17 October 2014 | Kye White

Google has reported third quarter results that are slightly below analysts’ expectations.

 | Business

THE NEWS WRAP: HBO set to offer stand-alone streaming service in 2015

10:24AM | Thursday, 16 October 2014 | Kye White

US pay-TV service HBO says it will offer a stand-alone streaming service in 2015.

 | Business

THE NEWS WRAP: Dropbox refutes claims it was hacked

10:14AM | Wednesday, 15 October 2014 | Kye White

Dropbox says it hasn’t been hacked, after claims surfaced that seven million accounts have been compromised.

 | Business

THE NEWS WRAP: Third party Snapchat app Snapsaved confirms image leaks

10:25AM | Tuesday, 14 October 2014 | Kye White

Third party Snapchat site Snapsaved has confirmed that its site was breached and 500MB of Snapchat images were leaked.

 | Business

THE NEWS WRAP: Overheads and investment costs outstripping growth for SoundCloud

10:24AM | Monday, 13 October 2014 | Kye White

Popular online music and audio sharing platform SoundCloud’s rapid growth is seeing its costs runaway from its revenues.

 | Business

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

10:23AM | Friday, 10 October 2014 | Kye White

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.

 | Business

THE NEWS WRAP: Apple surprised by sapphire screen maker’s bankruptcy

10:18AM | Thursday, 9 October 2014 | Kye White

Apple has admitted it found sapphire screen manufacturer GT Advanced Technologies (GT) decision to file for bankruptcy “surprising”.

 | Business

THE NEWS WRAP: Twitter sues US Government

10:09AM | Wednesday, 8 October 2014 | Kye White

Twitter is suing the US government, alleging that the Justice Department’s restrictions on what the company can say about government national security requests for data violate the company’s First Amendment rights.

 | Business

THE NEWS WRAP: Payments startup Square closes $US150 million funding round at $US6 billion valuation

10:15AM | Tuesday, 7 October 2014 | Kye White

Payments startup Square has closed a financing round of $US150 million, at a valuation of $US6 billion.

 | Business

THE NEWS WRAP: Hewlett-Packard to go ahead with long-awaited split of operations

10:03AM | Monday, 6 October 2014 | Kye White

Hewlett-Packard plans to separate its PC and printer operation from corporate hardware and other units.

 | Business

THE NEWS WRAP: Lawyer for nude photo celebs threatens Google with $100 million lawsuit

10:31AM | Friday, 3 October 2014 | Kye White

A lawyer representing over a dozen celebrities whose iCloud accounts were hacked and nude photos were stolen has written a letter threatening Google with a $100 million lawsuit, according to The Hollywood Reporter.

 | Business

THE NEWS WRAP: Cloud-storage provider Box puts IPO plans on hold until 2015

10:35AM | Thursday, 2 October 2014 | Kye White

Cloud-storage provider Box has decided to delay its planned initial public offering until 2015.

 | Business