Between its Galaxy Note 7 debacle and the struggling smartphone market, you might think Samsung would have had a bad year. But, you'd be wrong. Year-over-year, in fact, fourth-quarter profit rose by 50%, the South Korean tech giant forecast on Friday.
Apple today announced that the App Store welcomed 2017 with its busiest single day ever on New Year's Day, capping a record-breaking holiday season and a year of unprecedented developer earnings and breakout app hits. Last year, App Store developers earned over $20 billion -- up more than 40% from 2015 -- according to fresh figures from Apple.
The New Year is expected to be a better one for smartphone makers. After dropping to a three-year low, in 2016, smartphone sales are finally expected to bounce back, according to a fresh forecast from Accenture.
Another day, another big executive departure at Twitter. This time, it's Kathy Chen, the social giant's managing director in Greater China.
From what many perceive to be its unclear purpose to its raging troll infestation, the social giant seems to be forever burdened by design issues. Now it's CEO is asking for advice.
Capping off a year of video investments, Twitter is rolling out 360-degree live streams through Periscope. Going forward, when users see a video marked with a LIVE 360 badge, they can interact with it to change what they see by moving their phone or swiping the screen -- all while watching live.
In 2016, Facebook once again took the lead as the top smartphone app, according to an annual roundup from Nielsen. In fact, the social giant had more than 146 million average unique monthly users -- up 14% from 2015.
It looks like Snapchat just shelled out upwards of $40 million for Israeli startup Cimagine Media.
A gloomy forecast for wearables isn't stopping tech giants from investing in the space. Google, for one, just revealed plans for two new flagship smartwatches. Consumers can expect the gadgets to hit shelves some time in the first quarter of next year, as Jeff Chang, product manager of Android Wear at Google, tells The Verge.
Facebook is adding several features to Live Updates for its Mentions service as part of its push for more public figures to share live video.