Category Archives: News

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Lebron James – “I’m coming home.” – Ohio Rejoice!


( SoshITech ) – Kyrie Irving, Tristan Thompson, Dion Waters and Anderson Varejao will have the luxury of playing with one of the all time basketball greats in Lebron James.  The four time Most Valuable Player and two time champion of the National Basketball Association announced on Friday, July 11th, 2014 that he will be taking his talents back to the Cleveland Cavaliers at the start of next season.

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Amazon.com Is Hit With A Multi Million Dollar Lawsuit From The Federal Trade Commission


( Soshitech ) – A multi million dollar lawsuit involving the online retail and ecommerce organization Amazon has taken center stage. According to the Federal Trade Commission, Amazon.com has charged parents more than one million dollars for in application acquisitions in which their children fashioned without the proper consent.

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International Business Machines Will Devote More Than Two Billion Dollars Toward Microchip Research


( Soshitech ) – In the next half decade, International Business Machines, is projected to invest more than two billion dollars in the future study of microchip research. This move from IBM will hopefully provide significant progress toward their computer program infrastructure.

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Normal Receives New Round Of Funding


Normal, the head phones and mobile commerce organization, has received a two hundred thousand dollar investment from a Vegas Technology Fund. Nikki Kaufman is the founder and chief executive officer of Normal. The company currently has just six reported employees and was founded in September of two thousand thirteen. Kaufman has had experience in the past working with the New York based Crowdsourcing corporation, Quirky.

 

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A New Cyber Security Act Is Being Put In Place By The United States Government


( SoshITech ) – On Tuesday, July 8th, 2014 the United States Government Data Board made an initial decision to authorize a new computerized preservation act.  The proposal is meant to assist corporations in the trade of valued material with administrative officials on a variety of specific privacy threats.

 

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Box Receives Huge Private Equity Funding Round From TPG Corporation


Box, the popular web hosting and cloud computing organization, is being back well over one hundred and twenty five million dollars in private-equity funding from TPG Corporation and Coatue Management. Founded in 2005 by Dylan Smith and Aaron Levie, SaaS Startup Box INC. has over nine hundred workers and is located in Los Anltos, California.

Note: Box has received over five hundred million dollars in funding in the last nine years.

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Consumer Electronics Business Sharp Will Sell Products In Europe


Sharp, the hardware and software telecommunications agency, is discussing the certification of Taiwanese and Turkish businesses to create and auction off their domestic devices in Europe. Sharp Corporation is headquartered in Tokyo, was founded in 1912 and has received over one hundred million dollars in private equity funding in the last two years.