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Google to sell second-gen Nexus 7 tablet from July: sources Wednesday, Apr 03, 2013 11:12 AM PDT By Clare Jim TAIPEI (Reuters) - Google Inc will launch a new version of its Nexus 7 tablet powered by Qualcomm Inc's Snapdragon processor around July, two sources told Reuters, as the software giant pushes deeper into the cut-price mobile hardware market. Google is aiming to ship as many as eight million of the Asustek-made tablets in the second half of the year, throwing down the gauntlet to other low-end tablets such as Amazon.com Inc's Kindle Fire and Apple Inc's iPad mini, the sources with knowledge of the new product said. ... Full Story | Top |
PayPal tests merchant financing as Kabbage raises debt Wednesday, Apr 03, 2013 08:15 AM PDT By Alistair Barr SAN FRANCISCO (Reuters) - EBay Inc's payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants who sell on the company's online marketplaces. PayPal has already tested a financing program for eBay sellers in the UK and it plans similar tests in the United States this year, a company spokesman said on Tuesday. "Marketplaces is a great innovation lab for us to test new experiences," Gary Marino, senior vice president, global financial services at PayPal, said at eBay's investor day last week. ... Full Story | Top |
China's Baidu developing digital eyewear similar to Google Glass Wednesday, Apr 03, 2013 01:57 AM PDT SHANGHAI (Reuters) - Baidu Inc , China's largest search engine, is developing prototype digital eyewear similar to Google Inc's Google Glass that will leverage Baidu's strengths in image search and facial recognition, a Baidu spokesman said on Wednesday. Internally known as project "Baidu Eye", the glasses are being tested internally and it is not clear whether the product will ever be commercialized, said Kaiser Kuo, Baidu's spokesman. ... Full Story | Top |
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