Samsung Electronics is expected to release the Galaxy S6 Edge Plus, a bigger version of its flagship smartphone, at an Aug. 13 event at New York's Lincoln Center, per a report that notes the phone-maker has moved up its launch date to better compete with Apple's expected new iPhone. The report notes that Samsung could run the risk of cutting into sales of its popular series of large-screen Galaxy Note "phablets."
Vizio is gearing up to go public, aiming to raise $172.5 million from its initial public offering. In its filing, the company revealed a new business plan that pins future revenues largely on selling viewer data to advertisers. The TV and soundbar vendor racked up $3.1 billion in revenue and $45 million in net income last year.
Burger King is hoping to reach more mobile customers by expanding its payment partners. The chain already accepts PayPal and will add MasterCard's MasterPass payment options to its mobile application in the coming months.
Engineers at Audi and BMW are working on customized tablets to help the automakers better compete with iPads and Android tablets that passengers may opt to use in their vehicles. The customized tablets will run Google Android and connect to the car's Wi-Fi and electronics and will be designed to safely withstand crashes, as well as extreme temperatures.
Self-installed, self-monitored home security systems will grow from claiming 2.3% of the market to 34% of the market by 2020 as tech companies such as Google and Apple release smart security devices, Citi data indicate. Companies such as ADT that professionally install and monitor homes will slip from controlling 93% of the market to less than a third of the market over the next 20 years.
Chinese authorities seized more than 41,000 counterfeit iPhones worth about $20 million in a Beijing raid in which nine people were arrested, states a social media post from the city's public security bureau. Hundreds of workers reportedly repackaged smartphone parts in order to pass them off as iPhones.
A court's rejection of a partial stay of the Federal Communications Commission's Net neutrality regulations sought by Internet service providers has given ISPs "the certainty and economic incentive to build fast and competitive broadband networks," FCC Chairman Tom Wheeler said in testimony prepared for a House panel hearing. Wheeler also pointed to remarks by the heads of Cablevision, Charter Communications T-Mobile and other providers that the Title II change "does not discourage their investment."
Toshiba Corp.'s Masashi Muromachi has reportedly been tapped to permanently lead the company as CEO after his interim stint is up in September, sources say. Muromachi was appointed interim CEO after then-CEO Hisao Tanaka and several company leaders were forced out after a third party found the executives knowingly inflated profits by $1.2 billion over the last several years, sources say. Toshiba has not confirmed the Muromachi report.
Suja Juice used Instagram to combine motivational content with a purchasing function. The brand teamed up with Curalate to use its Like2Buy solution, which directs users who interact with an Instagram post to the juice company's website for additional content.
Windows 10 comes out Wednesday, and Microsoft will roll it out to PCs and tablets first, although the platform can also run on game consoles, phones and headsets. It includes a new Web browser known as Edge, along with a desktop version of online assistant Cortana, and will look more like Windows 7 than the design revamp seen in Windows 8.