Tech News

People pose with laptops in front of projection of Google logo in this picture illustration taken in ZenicaBy Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's revenue grew 15 percent in the fourth quarter but fell short of Wall Street's target on declining online ad prices and unfavorable foreign exchange rates. Shares of Google edged up 0.1 percent to $510.66 in extended trading after an initial dip on the news. Google's advertising revenue has come under pressure as more consumers access its online services on mobile devices such as smartphones and tablets, where ad rates are typically lower. The growing popularity of mobile devices has made No. 1 social network Facebook Inc a greater threat in the battle for advertisers.


By Gerry Shih BEIJING (Reuters) - The National Basketball Association and Tencent Holdings Ltd said Friday the Shenzhen-based Internet giant will be the only company in China to stream the league's online content. The exclusive, five-year deal will allow Tencent to offer for the first time in China the NBA's League Pass package, which allows subscribers to watch a full season's worth of games live and on-demand. NBA live games and content will be available to stream through Tencent websites and apps including QQ.com, Tencent's News app and Weixin, the popular messaging app also known as WeChat. China has been one of the NBA's most successful overseas markets since the league entered the basketball-crazed nation in 1987.

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What is Open Source software?

As stated by the Open Source Initiative (OSI), Open source is a development method for software that harnesses the power of distributed peer review and transparency of process. The promise of open source is better quality, higher reliability, more flexibility, lower cost, and an end to predatory vendor lock-in.
Basically, it allows products to become cheaper and better by letting the entire world in on the code.