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Report: Panasonic to Sell Birthplace of its TV Business

Japan's electronics giant Panasonic will sell the plant where it first got into the television business half a century ago as it shifts away from the money-losing division, a report said Saturday.

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Report: Google's Nest to Buy Dropcam for $555 mn

Google's Nest Labs said Friday it was buying video monitoring startup Dropcam for a reported $555 million in cash.

The deal comes amid huge growth in the smart home sector. One such example is Nest, which began as a smart-thermostat startup and Google bought in January in a deal valued at $3.2 billion.

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Facebook Accepts Blame for Brief Outage

Facebook took the blame Thursday for a brief outage that resulted in a flood of comments -- chiefly on rival social network Twitter.

The problem began late Wednesday when "we ran into an issue while updating the configuration of one of our software systems," a Facebook spokesman told Agenece France Presse.

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Twitter Buys SnappyTV Video Sharing Service

Twitter announced plans Thursday to buy SnappyTV, a service which allows for the clipping, editing and sharing of video over the messaging platform.

The deal, terms of which were not disclosed, will help Twitter step up efforts to become more visually engaging as it struggles to grow its user base.

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Google Removes Singapore Hate Blog against Filipinos

Google has taken down a blog that listed ways to harass Singapore's Filipino population, drawing praise from Internet users appalled by growing racial tensions in the city-state.

Police said Thursday that they are investigating the anonymous "Blood Stained Singapore" blog, which suggested Singaporeans should refuse to be served by Filipinos in restaurants, or "accidentally" shove them in crowded places.

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Facebook Suffers Major Outage

Facebook, which recently bought Whatsap for $19billion (£11.4bn), went down Thursday frustrating users from across the world.

On logging in to Facebook.com, a message appears that reads: "Sorry, something went wrong. We are working on getting this fixed as soon as we can."

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Amazon Appstore Opens to BlackBerry Users

Canadian smartphone maker BlackBerry announced Wednesday a deal with Amazon giving its users access to more than 240,000 software applications from the online retailer's Appstore.

The deal triples the number of apps available on BlackBerry smartphones, including popular apps such as Groupon, Netflix, Pinterest, Candy Crush Saga and Minecraft.

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Reports: Investors Pour $1 mn in App that Just Says 'Yo'

A new instant messaging app that only allows users to send a single word to their friends is quickly becoming a hot commodity, raising $1 million in two months, U.S. media reported Wednesday.

The Yo app lets users say "Yo" to their friends, sending them a text notification accompanied by a recorded voice shouting the greeting. But co-founder Or Arbel insisted the deceptively simple app has a lot of potential.

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Amazon Ties New 4.7-Inch Phone to Its Services

Amazon unveiled its first smartphone ever on Wednesday, a device that assists shoppers by using six cameras that can make sense of its user's face and the world around it.

The phone's most significant feature, called "Firefly," employs audio and object recognition technology to identify products and present the user with ways to purchase the items through Amazon. Users can simply snap a photo of a book, for instance, and Firefly will offer up its title and author, give more information about it and provide ways to buy it.

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Global Automakers Split on 'Green Car' Strategy

Global automakers are locked in a showdown evoking the video format wars of the 1980s, as they bet on what eco-friendly vehicles will prevail in the battle for dominance of the burgeoning low-emissions sector. 

In a contest reminiscent of the scrap for pre-eminence in the home video market, which pitched Betamax against VHS, huge auto firms are going all out for very different technologies.

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