THE NEWS WRAP: Personal finance startup Credit Karma raises $US75 million from late-stage investors

9:19AM | Tuesday, 30 September 2014 | Kye White

Personal finance startup Credit Karma has raised $US75 million ($A86 million) in growth funding from major late-stage investors.


THE NEWS WRAP: VC Marc Andreesen warns big-spending startups could get caught “swimming without trunks on”

9:07AM | Monday, 29 September 2014 | Kye White

Prominent venture capitalist Marc Andreessen has warned that startups with high cash rates will burn out should the market turn.

 | Business

THE NEWS WRAP: Reports indicate Amazon is ramping up its hardware strategy

9:23AM | Thursday, 25 September 2014 | Kye White

Amazon is boosting staff numbers at its secretive Silicon Valley-based hardware lab by at least 27% over the next five years as it tests internet connected smart home gadgets, Reuters reports.

 | Business

THE NEWS WRAP: Apple iPhone 6 and 6 Plus sales top 10 million

9:20AM | Tuesday, 23 September 2014 | Kye White

Apple has announced it has sold over 10 million new iPhone 6 and 6 Plus models, a new record, just three days after the company launched the products in 10 countries, including Australia and the United States.

 | Business

THE NEWS WRAP: Oculus offers glimpse to the future of virtual reality with Crescent Bay prototype

9:19AM | Monday, 22 September 2014 | Kye White

Oculus has unveiled its new prototype Crescent Bay. It’s not an official developer kit, rather a “feature prototype” designed to show off the future of what Oculus is doing.

 | Business

THE NEWS WRAP: Apple makes iOS 8 download available to public

9:28AM | Thursday, 18 September 2014 | Kye White

Apple has released iOS 8 to the public, making the download available to all users who have an iPhone 4S or later.

 | Business

THE NEWS WRAP: Prominent VC Bill Gurley warns tech startup risk approaching dotcom bubble levels

9:25AM | Tuesday, 16 September 2014 | Kye White

Prominent venture capitalist Bill Gurley, a general partner at VC firm Benchmark, has warned Silicon Valley may have taken on more risk than it can handle over the past year.

 | Business

THE NEWS WRAP: Microsoft set to unveil $2.5 billion bid for Minecraft developer

9:21AM | Monday, 15 September 2014 | Kye White

Microsoft will unveil a $2.5 billion bid to buy Mojang, the Swedish developer of Minecraft, Monday morning US time.

 | Business

Microsoft at risk of being in contempt of court for not handing over Irish emails: The News Wrap

9:19AM | Thursday, 4 September 2014 | Kye White

A United States federal court judge is considering whether or not to hold Microsoft in contempt for defying orders to give the US government e-mails stored on a server in Ireland.

 | Business

THE NEWS WRAP: Apple patches Find My iPhone exploit, investigates celebrity photo leaks

9:37AM | Tuesday, 2 September 2014 | Andrew Sadauskas

Apple has confirmed it is “actively investigating” the possibility nude celebrity photos were leaked as a result of an attack on its iCloud service, with the tech giant also issuing an emergency patch for Find My iPhone.

 | Business

THE NEWS WRAP: Apple partners with Amex, Mastercard and Visa for iPhone 6 payments

9:25AM | Monday, 1 September 2014 | Kye White

Apple is partnering with American Express, Mastercard and Visa, to enable iPhone 6 owners to pay for goods in physical stores.

 | Business

THE NEWS WRAP: Apple’s new wearable to be revealed in less than two weeks

8:15AM | Thursday, 28 August 2014 | Kye White

Apple is planning to reveal its new wearable device alongside its new next-generation iPhones on September 9.

 | Business

THE NEWS WRAP: Amazon acquires game streaming platform Twitch for $970 million

8:18AM | Tuesday, 26 August 2014 | Kye White

Amazon, not Google as was earlier reported, is purchasing game streaming company Twitch.

 | Business

THE NEWS WRAP: China could have its own operating system by October

8:15AM | Monday, 25 August 2014 | Kye White

China could have a new homegrown operating system by October, to take on imports Microsoft, Google and Apple.

 | Business

THE NEWS WRAP: Twitter to remove images of deceased individuals upon request

8:19AM | Thursday, 21 August 2014 | Broede Carmody

Twitter will remove images of deceased individuals at the request of family members.

 | Business

THE NEWS WRAP: Google looking for ways to get more children using its services

8:19AM | Tuesday, 19 August 2014 | Kye White

Google has been working to overhaul its Web services so it can legally allow children to use them.

 | Business

THE NEWS WRAP: Yahoo! acquires Israeli ad security startup for undisclosed amount

8:24AM | Monday, 18 August 2014 | Kye White

Yahoo! has acquired Israel-based advertising startup Clarity Ray.

 | Business

THE NEWS WRAP: Apple looks at sapphire screens but cost is a factor

8:31AM | Friday, 15 August 2014 | Kye White

Apple is considering using its sapphire unbreakable screens in more-expensive models of the two larger iPhones it plans on unveiling later this year, if it can get enough of the material.

 | Business

THE NEWS WRAP: Amazon boosts payments options in fight against Square and PayPal

8:16AM | Thursday, 14 August 2014 | Kye White

Amazon has unveiled its mobile payments product – Amazon Local Register, a credit card reader and app combination that will enable small businesses to take payments on a smartphone or tablet.

 | Business

Users not pleased with Facebook Messenger split

8:38AM | Monday, 11 August 2014 | Kye White

Facebook has begun forcing users to download its Facebook Messenger app, in order to use its messenger service, and users aren’t happy.

 | Business