Nokia threatens to leave India, calls it the “least favourable market”

Earlier this year, Nokia had one of its facilities in India raided by the powers that be over what was said to be a very large unpaid tax bill, coming in at about $542 million. It has now been revealed that earlier this summer, Nokia sent a strongly-worded letter to the Indian government, saying that […]

Telepathy One wearable Google Glass rival scores millions in initial funding round

Recall the Google Glass rival Telepathy One from earlier this year? The company behind the rather stylish device – Telepathy Inc. – has scored $5 million in its initial round of funding, something that will help the company get its product into consumer hands sometime next year, if all goes as planned. The funds will […]

Lamassu Bitcoin ATM available for pre-order as preliminary production kicks off

On July 1, we got our first look at Lamassu’s Bitcoin ATM, a smaller-than-your-average ATM machine that supports more than 200 local currencies and brings the realities of virtual money into your everyday life. Now the ATM is available for pre-order on the company’s website, with Lamassu kicking off production with a preliminary round of […]

Bitcoin draws government scrutiny, Homeland Security urged to crackdown

Bitcoin, the virtual currency, has seen a few big moments in the last few weeks, not the least of which was a federal judge ruling that it is a currency and is subject to regulation. For all its upsides, there is a big downside, too – illicit use prompted by the privacy offered by the […]

InteraXon Muse “brain-sensing” headband scores funding for mind-controlled future

Adding to the list of wearable-technology that will one day dot our digital landscape, tech company InteraXon has scored $6 million in funding for what it calls a “brain-sensing” headband, the Muse. With this device, wearers will have their brainwave patterns read and will be able to perform simple mind-control activities, with more functionality said […]

Nexus 7 sleeve shipping refunds surfacing amidst lower Play Store pricing structure

Google launched the sleeve for its new Nexus 7 tablet yesterday, a neoprene protective cover for the slate that was available for purchase in both the U.S. and Canada. The sleeve itself was priced at $29.99, which falls in line with conventional pricing elsewhere. What didn’t match up to expectations, however, was the shipping price. […]

Lenovo Q1 earnings show rising profits, mobile sales trump PC

Lenovo has revealed its first-quarter earnings, showing a 23-percent increase in net profit that trumps what analysts had anticipated. Among the numbers, however, was one particular tidbit of information that further solidifies perspectives on the industry as a whole: Lenovo saw greater profits from its mobile devices rather than PCs. The PC industry has seen […]

Fidelity Market Monitor app brings stock alerts, news and fanciful financials to Google Glass

Fidelity Market Monitor app brings stock alerts, news and fanciful financials to Google Glass

You know, it makes sense: an app for the one percent, tailor-made for a $1,500 headset. Fidelity’s Market Monitor app for Google Glass might just be the most impressive program to debut for the device, particularly considering the class of individual who would take advantage. In the trading world, missing an alert or notification by even three seconds could be the difference between million and millions, with this app enabling Fidelity customers to request real-time stock quotes and receive alerts dealing with companies in their portfolio. In a concept video describing what’s possible (embedded just after the break), we even see a wearer snap a photo of a Google logo, and the app translates the photo into a stock quote for GOOG.

We’re guessing that it’s only a matter of time before every other financial institution follows suit, which will likely lead to each and every CNBC anchor wearing a set whilst on air. Also, we’re hearing from a “reliable source” that both Michael Douglas and Shia LaBeouf will be joined by Arnold Schwarzenegger in Wall Street: Glass on Glass on Glass.

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Source: Fidelity Labs (1), (2)

Nintendo Wii U cost isn’t the reason for poor sales, says Iwata

It’s no secret that Wii U sales are going downhill, and many critics are suggesting that a price drop of the console will boost the number of units that the company sells. However, Nintendo president Satoru Iwata says that the pricing model of the Wii U isn’t the issue, but rather the relatively low number […]

Bitcoin scores Bloomberg ticker following US court ruling

On Wednesday, a federal judge ruled that Bitcoin is a currency and is subject to regulation in the US following charges filed against an alleged scammer by the SEC. As of today (though not related), there is now a Bitcoin ticker on the Bloomberg terminal. For now the ticker is only available internally to workers, […]