HTC will receive $1.1 billion in cash from Google as part of the transaction. Separately, Google will receive a non-exclusive license for HTC intellectual property (IP).
Middle East, Technology
Over 80% of UAE centennials are mobile gamers: study
The global gaming market will reach over $115 billion in 2018. At over $50 billion, the mobile gaming industry accounts for nearly half of all the global gaming revenue.0 4173
Google Assistant, Alexa to power LG Smart Home solutions
New home electronics from LG feature support for both Google Home and Amazon Alexa.
Alphabet considers $1bn Lyft investment: Bloomberg
The investment would allow Lyft to pursue aggressive growth with grants for drivers and discounts for riders, while also expanding its marketing strategy.
Google appeals $2.9 billion EU antitrust fine
Google has decided to appeal the record-breaking fine imposed on it by the European Union’s highest antitrust authority in July.
Sony debuts Google Assistant-powered smart speaker
Sony announces its smart speaker, the LF-S50G, which comes powered by Google Assistant at IFA 2017.
Google launches SDK for AR apps on Android
Looking to mix physical and digital spaces, Google has released a beta SDK for augmented reality, dubbed ARCore, that is focused …
Google’s ARCore set to bring augmented reality to 100m Android devices
ARCore will be made available to at least 100 million Android users, but Google have not yet set a date for its general release.
A notable comeback: Samsung launches Galaxy Note8
Samsung, during a special event in New York, has last night launched the latest addition to its Galaxy Note series – the Note 8.
Google to pay $3bn to remain default iOS search engine: Bernstein
The firm believes that Google will pay Apple about $3 billion this year, up from $1 billion just three years ago, and that Google’s licensing fees make up a large bulk of Apple’s services business.
Google fires engineer behind gender inequality memo
The engineer, James Damore, confirmed his dismissal, saying in an email to Reuters that he had been fired for “perpetuating gender stereotypes”.