Dropbox confidentially files for IPO

Dropbox confidentially files for IPO

Data-sharing business Dropbox has filed confidentially for a initial public offering led by Goldman Sachs and JPMorgan Chase, Bloomberg reported, citing people familiar with the matter. Dropbox is in talks with other banks to fill additional roles on the IPO and is…

New invention brings batteries back from the dead

New invention brings batteries back from the dead

One of the biggest stories in consumer electronics right now is Apple’s secret throttling of older iPhone models with aging batteries. The company misled customers for years as “conspiracy theorists” claimed Apple was intentionally slowing down older iPhone models in order to…

Bitcoin conference refuses bitcoin payments

Bitcoin conference refuses bitcoin payments

Attendees at next week’s popular cryptocurrency conference are faced with the irony of using cash instead of bitcoin to pay for the event. The North American Bitcoin Conference (TNABC), which plans to cover a wide array of topics including blockchain technology, initial…

Power outage brings CES to a standstill

Power outage brings CES to a standstill

A major power outage essentially shut down parts of CES in Las Vegas Wednesday. Lights went out in the Las Vegas Convention Center in the late morning, leaving the booths of major companies like Samsung, LG and Huawei in darkness. The Consumer…

Samsung shares slip on lowered forecast

Samsung shares slip on lowered forecast

Samsung Electronics said it would likely rake in a record fourth-quarter profit but the guidance fell short of consensus estimate, spooking investors already worried that a memory chip boom could be ending sooner rather than later. Shares of Samsung fell 3 percent…