• Fitbit Files For $100M IPO, Reports $132M In Profit
    To better compete against Apple and other wearable rivals, Fitbit just filed for a $100 million IPO. “Expect that the $100 million figure is a placeholder, rather than the amount Fitbit ultimately plans to raise,” Fotune suggests. “Fitbit reports nearly $132 million in net income on $745 million in revenue for 2014,” Fortune notes. “This is a massive flip from 2013, when the company had a $52 million net loss on $271 million in revenue.” 
  • Google Readying A la Carte App Permission System
    Google is reportedly planning to debut an à la carte app permission system at Google I/O. “From the way it’s described, this sounds very much like the App Ops of Android past,” Pocketnow.com reports. “Things like access to device photos, contacts, and location data are mentioned specifically as permissions that could be selectively applied.” Presently, “App permission control in Android is frustratingly monolithic.” 
  • Zynga To Cut Workforce By 18%
    As part of an effort to cut $100 million in costs, Zynga plans to reduce its workforce by 18% -- or 364 people -- the game maker said this week. In addition, the company plans to “focus on five categories of mobile games rather than continuing to branch out into more and more genres as it did under [former CEO Don] Mattrick.” Founder Mark Pincus recently returned to Zynga as CEO. 
  • U.S. Consumers Crave "Phablets"
    U.S. consumers are caving to larger smartphones due to changing media-consumption habits and Apple’s entry into the “phablet” market. “Gigantic devices jumped from 6% of American smartphone sales in the first quarter of last year to 21% in early 2015,” Engadget reports, citing new research from Kantar Worldpanel. 
  • App Annie Buying Data Provider Mobidia
    Mobile analytics company App Annie has agreed to buy app data provider Mobidia for an undisclosed sum. “App Annie CEO Bertrand Schmitt said the deal will help the company speed up its international expansion, as well as its efforts to track usage, rather than just downloads, for specific apps,” Re/code reports. “App Annie had been looking to expand to 10 countries this year, but with the Mobidia deal it will now be in 60 countries.” 
  • Google Grabs Time-Management App Timeful
    Google just scooped up time-management start-up Timeful. “Its app uses artificial intelligence to help busy folks find the time to keep on top of important matters in their professional and personal lives,” Fast Company reports. “Though the app will stay available and supported for the foreseeable future, its team will devote most of its future efforts to implementing Timeful-like features in Google's existing productivity apps and services.” 
  • DOJ Probing Apple's New Music Streaming Service
    The Department of Justice is reportedly looking into Apple’s upcoming music streaming service. “Apple has been pushing major music labels to force streaming services like Spotify to abandon their free tiers, which will dramatically reduce the competition for Apple’s upcoming offering,” The Verge reports, citing sources. “DOJ officials have already interviewed high-ranking music industry executives about Apple’s business habits.” 
  • Meerkat's Android App Now Available
    Meerkat's Android app, available on a closed beta program before, are now open to all Android users. With this latest update, Meerkat beat Twitter-owned rival Periscope to Google's mobile platform. Meerkat was first to launch on iOS as well — in February 2015 — while Periscope launched under Twitter's wing in March. The two apps are almost identical in function.
  • Telsa Energy Battery Powers Home, Business
    Elon Musk wants to change the way the world uses energy. Tesla has finally taken the wraps off Tesla Energy, its ambitious battery system that can work for homes, businesses, and even utilities. The unit is about three feet by four feet in size and six inches thick, and comes with integrated heat management and can fit either on the inside or outside of the wall of your home. The system is connected to the Internet. As more electricity is generated from renewable but intermittent sources like solar and wind, demand for storage is going to go up — batteries …
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