Top Tech News Stories From The Last Month

There’s been a lot going on in the tech world this month. Whilst the record-breaking releases of two new next-gen consoles has eclipsed many announcements, there’s still been plenty going on behind the scenes. Here’s how we feel about everything that’s happening.

T-Mobile US Selling Off Shares To Buy Spectrum

T-Mobile US Inc, the fourth biggest mobile service provider in the United States, has announced that it will be selling approximately 72 million common shares, equating to roughly 9% of its existing stake.

The company has said that they’ll use the proceeds from the sale of the shares to buy nearly $2bn worth of wireless airwaves. Having already announced they won’t be taking part in the US government’s spectrum auction due in January, the network provider had left many wondering how they were going to acquire more spectrum.

Analysts predict that the company is looking to purchase from private suppliers, or to snap up unused spectrum from other American network providers.

If they manage to find an affordable source of spectrum, this will be great news for American T-Mobile users; however, their reluctance to enter into auctions for the airways has left investors feeling unsteady.

Yahoo!  Auction Off Top Domains

Just as the supply of decent domains seemed to be drying up, search giants Yahoo! announced that they’ll be auctioning off a list of prime URLs that they no longer have use for.

The auction was declared in a humorous post on the company’s Tumblr, in which they stated that domain names such as sandwich.com and sled.com were now available, whilst also suggesting amusing uses for the new URLs (such as a snack-rating site for Crackers.com).

The company sold the domains using popular web auction site Sedo. Bidding begun earlier this month on the 14th November and the sale finished up on the 21st.

Being short and easy to remember, the URLs were listed as having “high commercial value”, and many were auctioned off for thousands of dollars. Sandwich.com was sold for $137,500 for example, whilst AV.com had a maximum reserve range of $1,499,999.

IBM To Share Their Supercomputer Technology Via The Cloud

If you’ve heard of IBM Watson before, it’s probably from its entertaining appearance on American quiz show Jeopardy in 2011. If you haven’t heard Watson yet, it’s an AI computer system that can learn cognitively and use the knowledge it gains to answer questions posed in natural language.

It’s essentially an incredibly smart computer system, and IBM have now decided to share this technology with the world, by making an API available to developers via the new Watson Ecosystem program.

IBM will develop a strong community by launching their Developer Cloud and Content Store, where users can download the API, alongside tools, guides and other invaluable resources.

This means that app and program developers will be able to create software powered by Watson’s cognitive computing intelligence, which could see a great leap forward in the way we use technology.

We can’t wait to see what the developers come out with!

Mobile Spending May Be Worth £23bn By 2018

Mobiles are now an integral part of everyday life, and using your mobile to shop and make payments is becoming increasingly popular; so much so in fact that analysts believe mobile spending will be worth a cool £23 billion in just over four years’ time!

Studies by research firm Verdict show that UK businesses are currently spending over £400 million on advertising to attract shoppers during the festive period.

Whilst this may seem like a lot, it’s small change compared to the current worth of yearly consumer spend via mobile and tablets, which is valued to be around £8 billion this year.  Analysts also believe that this figure is set to rise enormously.

As the public spends more and more via their mobile devices, retailers would be wise to look to increase their advertising on these platforms.

Snapchat Turned Down $3 Billion Offer From Facebook

The world’s biggest social media platform has once again made the headlines, but this time due to disappointment. New reports claim that an offer made to purchase popular photo sharing application Snapchat for a substantial amount of money has apparently been denied.

According to sources from The Wall Street Journal, Evan Spiegel, cofounder of Snapchat, is waiting for a better valuation of the company in the New Year. Do you think they should have taken the deal? Leave a comment below and let us know your thoughts on this and the other topics mentioned above.

2013-11-29T17:00:56+00:00

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