Google buys company that uses vibrations to make sounds come from a smartphone display

Last year, on the sly, Google purchased U.K. startup Redux. This is a company that has technology that allows the display on your mobile phone to act like a speaker. With this technology in place, manufacturers can produce phones without a speaker, and use the extra internal space for larger batteries and extra components. By vibrating the screen using tiny actuators, sound is created from the display.

In addition to producing the same type of sound you would expect to hear from your phone’s speakers, the Redux technology also produces haptic feedback when the user taps on the display. The …


Citi analysts say that there's a 4-in-10 chance that Apple buys Netflix


Apple is sitting with a vault so full of money that even Scrooge McDuck is jealous. Every now and then, Apple uses some of this money to make a small acquisition. For example, the company recently took $400 million out of petty cash to buy music discovery app Shazam. The largest acquisition that Apple has made by itself is the $3 billion it spent to purchase Beats Audio. But if a pair of Citi analysts are correct, there is a chance that Apple will top that record by a factor of approximately 34.

According to Citi analysts Jim Suva and Asiya Merchant, there is a 40% possibility that Apple …

Apple buys Shazam for $400 million, has "exciting plans in store"

At the end of last week, we passed along a rumor that Apple was planning to buy music-naming app Shazam. Both companies have a history of working together as Shazam was one of the first titles in the App Store back in 2008. Back then, those running the app on their Apple iPhone 3G could purchase songs whose title they discovered with Shazam, from iTunes. That continues to this day. Starting with iOS 8, Shazam’s song title discovery service was integrated into Siri.

Shazam has added a number of new capabilities since 2008 including the ability to ID television shows, movie posters, magazine …

Apple buys wireless charging firm PowerbyProxi; Samsung profits on the transaction?

Apple, which has included support for wireless charging with the 2017 iPhone models for the first time ever, announced today that it is acquiring New Zealand based wireless charging firm PowerbyProxi. The latter designs wireless power products for consumers and the enterprise. Neither company would reveal the exact terms of the transaction. Apple has been slow to jump on the wireless charging bandwagon, but made sure this year that the iPhone 8, iPhone 8 Plus and iPhone X had glass backs. This is required because the wireless charging signal is not conducted by metal.

So why the interest …

Analyst says there is a 40% chance that Apple buys Netflix

Sitting on a cash pile of $256 billion might make Apple CEO Tim Cook uneasy. Apple shareholders are going to want to see that cash hoard reduced and the money put to work. Apple has already spent $211.2 billion out of an authorized $250 billion share buyback program. It has added another $50 billion to the program, hiking the amount to $300 billion. Last quarter, Apple returned over $10 billion to Apple investors in the form of a $3.2 billion dividend and $7 billion in stock repurchases.

Some big time fund managers want Apple to use its cash to make a significant acquisition. In a note sent …

AT&T buys spectrum for 5G service with its $1.25 billion deal to buy Straight Path Communications

Seeking additional spectrum for the upcoming move to 5G, AT&T will purchase Straight Path Communications. The nation’s second largest carrier today made a $1.25 billion bid for the company. That works out to a price of $95.63 a share; Straight Path’s shares are responding with a massive gain of $53.27 or 146% to $89.75 in afternoon trading. The firm is one of the largest owners of 28 GHz and 39 GHz millimeter wave spectrum.

Both AT&T and industry leader Verizon have been purchasing companies with millimeter wave spectrum, which will be used when 5G networks are built. AT&T previously …

DEAL: $360 or $15 a month buys you the LG V20, Samsung Galaxy S7/S7 edge at T-Mobile

This is a dangerous time of the year for buyers of Android powered handsets. With the next generation of flagship models just weeks away from being officially introduced, carriers and retailers are trying to unload their inventory of what will soon become older model handsets. This is accomplished by cutting prices on the devices that have been available for the last 10-12 months. This gives those in the market shopping for a new phone, something of a dilemma. They can take advantage of the low price to get a great deal on a handset that is on its way out, or they can wait for a brief period and …