Facebook gets into VR with Oculus

Facebook has reached a definitive agreement to acquire Oculus VR, a leader in immersive virtual reality technology, for a total of approximately $2-billion. This includes $400-million in cash and 23,1-million shares of Facebook common stock (valued at $1.6-billion...

Intel bets on wearables, acquires Basis

Intel has announced that it has completed the acquisition of Basis Science, a privately held company and a leader specialising in wearable device technologies for health and wellness applications. Basis Science is also the creator of the Basis band, an advanced health...

Not a rosy outlook for SA storage market

The South African external storage market value declined 32,4% year-on-year to $38,11-million in Q4 2013, according to the EMEA Quarterly Storage Tracker published by international marketing and research agency IDC. On an annual basis, market value declined 26,5% to...

Internet of Things to disrupt supply chain

The future explosion in the number of intelligent devices will create a network rich with information that allows supply chains to assemble and communicate in new ways. Gartner forecasts that a 30-fold increase in internet-connected physical devices by 2020 will...

Fortune 100 followers are more influential

Individuals who follow Fortune Global 100 companies on Twitter are more connected and more influential than the average Twitter user, according to research that analyses the influence and demographics of people using the social media platform. The research, produced...

Month of love spawned malware attacks

A lot of malicious attachments in February’s spam came in e-mails allegedly sent by women who wanted to make new friends in the run-up to Valentine’s Day. Some attackers went even further by trying to hook recipients with the promise of explicit photos in...