It looks like Xiaomi is raising more funds, with the Chinese smartphone giant reportedly raising over $1 billion in a fresh round of funding that could be finalized on Monday.
The latest injection of cash is reportedly led by All-Stars Investment, which is run by a former analyst of Morgan Stanley, Richard Ji. The Wall Street Journal has its usual unnamed sources who claim "Other participants in the round include Russian investment firm DST Global and Singapore sovereign-wealth fund GIC, which are both already shareholders of Xiaomi."
Google teased earlier in the year that it was expanding its Fiber service into 34 new cities in nine metro areas, but the Mountain View-based search giant has now delayed these plans.
The company has said that it will update everyone in 2015, adding "While we were hoping to have an update for cities before the holidays, we have a bit more work to wrap up; we'll be back in touch sometime early next year." The metro areas that have been placed on hold for Fiber include Raleigh, Durham and Charlotte in North Carolina, Atlanta, San Antonio, Phoenix, Salt Lake City, Portland (Oregon), and San Jose (California).
While most news for Sony is about the hack against it by North Korea, or so the US government alleges, the Japanese giant is out there teasing its next-gen console. Yes, the PlayStation 5 has been mentioned, and it's about damn time.
Sony Computer Entertainment Executive Vice President, Masayasu Ito, talked with the online version of the Nikkei Shinbun, talked about his thoughts on the next generation PlayStation. He said that he thinks there will be a PlayStation 5, but he's not sure in what form it'll arrive. He teased that it could be a physical console in the form of the PS5, or it could be an even better device sitting in the cloud.
Ito said "I think there will be a PS5. However, I don't know what form it'll have. It could be a physical console, or it could be in the cloud. But even if the form might change, PS5 Games will be born. This is what we want." Now I'm two minds about this, especially with what has happened lately with Sony. On one hand, being in the cloud would stop a lot of the hardware issues holding us back, seeing a next-gen console barely do 1080p 30FPS would just be disastrous. On the other hand, if everything is in the cloud and Sony gets hacked... well, we know how that has turned out lately.
Most thought that Facebook was a bit crazy when it purchased image sharing service Instagram for $1 billion, but now the company is worth upwards of $35 billion according to a new valuation estimate.
Citigroup has performed the valuation, with the previous valuation pegging Instagram at being worth a still-impressive $19 billion. The increased value is coming off of the news that Instagram now features over 300 million active monthly users, and is growing much faster than most have anticipated.
The $35 billion valuation is still quite speculative, withi Citigroup's own analysts weary of it, as it depends on multiple factors, but they're still optimistic that the service is undermonetized. Citigroup believes that Instagram could provide Facebook with around $2 billion in annual revenue eventually.
Kevin "Frank Underwood" Spacey may have been the big draw card for Call of Duty: Advanced Warfare when it launched, but the latest DLC for Activision's super-popular first-person shooter has some massive stars lining up to lend their talent.
These stars include The Walking Dead's Jon Bernthal, John Malkovich, Bill Paxton, and Rose McGowan. Why the new DLC? Exo Zombies, that's why. Also, probably lots, and lots of money being given to these stars for their time in Call of Duty: Advanced Warfare. Just in time for the holidays, some star-studded Call of Duty: Advanced Warfare DLC.
Oceanographers filmed a ghostly deep-sea snailfish 8,145 meters, around five miles, below the surface in the Mariana Trench. The 30-day research voyage took place aboard the Falkor ocean vessel, which also led to two or three other new species also recorded.
"We're pretty confident it's a snailfish," said Dr. Alan Jamieson, from the University of Aberdeen's Oceanlab, in an interview with ABC News. "Not that we know. It's a new species."
Snailfish tend to persevere in tough environments, but researchers were shocked to find the new ghostly species living so deep in the trench. However, this unique creature has broader fins which are translucent, an eel-like tail and stringy appendages that give it a better physical ability to live under so much water pressure.
We've heard the rumors a few times now, and only just a few days ago we reported that we'd be seeing Microsoft unveil a VR headset for the Xbox One at E3 2015 but now developers have confirmed that they're working on an Xbox One VR head-mounted display (HMD).
VRFocus has spoken with "several studios" that have confirmed they're working on a device, but no specific information was shared. We should see Microsoft competing directly with Sony and its PS4 VR headset "Project Morpheus" as well as the king of the VR hill, Oculus VR and the Rift headset.
The US government may have pegged North Korea behind the big hack against Sony Pictures, but now the state news agency KCNA has reported that North Korea has proposed a joint investigation with the United States over the breach.
The FBI has come forward, formally accusing North Korea of the attack on Sony Pictures, where President Barack Obama has said that he would "respond proportionally." North Korea has added that it can prove it had nothing to do with the cyberattack against Sony Pictures, with a statement from the country saying that there would be "grave consequences" if the US government turns down its olive branch over the investigation, and continues to accuse North Korea of wrongdoing.
When NVIDIA unveiled its Maxwell architecture in September, we were thoroughly impressed. Even the high-end GPUs were able to sip power, while providing an immense amount of power. Well, the time has come for the mid-range GPUs to come out and surprise with the rumors of a GeForce GTX 960 announcement continuing, something we should hear about next month.
The new Maxwell-based GeForce GTX 960 is reportedly set for an announcement on January 22, 2015 - a new GPU that would feature a single 6-pin PCIe connector. This means the GeForce GTX 960 would only consume a total of 150W, down from the 165W required on the high-end GeForce GTX 980. We should see third-party cards from the likes of ZOTAC, ASUS, GIGABYTE and others that will ramp things up with custom coolers and increased power requirements, but the reference GTX 960 will sip between 100-120W with a total TDP of 150W.
Where things will get interesting is how competitive NVIDIA prices the GTX 960 in the market, where we should expect a price in the US of between $200-$250, which should begin to push AMD up against the wall. AMD has plenty of cards in the mid-range GPU market, with the Radeon R9 285, R9 280, and then the slightly more expensive R9 280X and R9 290s, but NVIDIA could really start taking away some of those Radeon sales with this new GeForce GTX 960. Especially if it could release it at $199, it could be the card to buy for the first half of 2015.
Valve may have kicked off its annual Steam Holiday Sale, but Green Man Gaming is becoming a bigger gaming sale force to be reckoned with, with their new Green Grogre holiday sale.
The digital games retailer has a slew of games on sale, which include Alien: Isolation for $25 and The Evil Within for $20.39. Total War: Rome 2 Emperor Edition is on sale for just $14.98, too. You can also jump on the massive Half-Life Complete Edition, or Tomb Raider Franchise compilations, both of which have a huge 75% off.
Green Man Gaming is running their Green Grogre holiday sale from now through to January 2, with various games to go on sale on a rotation.