Franklin Simmons

Franklin Simmons

Franklin Simmons is BusinessPundit's Tech Editor. His life is consumed with a love of augmented reality, mobility, and emerging technology. He extensively covers all areas of technology, including the computing, automotive, and healthcare sectors. He can be reached at Zen Student Loans

  • Dell Software sales

    Dell is selling its software business for $2 billion

    Dell is selling its software business for more than $2 billion. The software division is being acquired by Francisco Partners and the private equity arm of activist hedge fund Elliott Management. All parties have confirmed the sale but have not revealed any further details. Dell has been working hard to refocus its tech portfolio while bolstering […]

  • Twitter buys Magic Pony Technology

    Twitter has bought a London startup called Magic Pony for $150 million

    Twitter has announced the acquisition of Magic Pony Technology, a London startup focused on machine learning technology. The company was bought for $150 million (£102 million), TechCrunch reports. A blog post written by Twitter CEO Jack Dorsey says that “Magic Pony’s technology – based on research by the team to create algorithms that can understand the features […]

  • VerticalScope Hack

    A mega-hack has hit 1,100 websites and affects 45 million users

    Websites hacks are being announced at an alarming rate and this newest announcement shows just how vulnerable so many websites are to breaches. A hack at VerticalScope, which is responsible for more than 1,000 popular websites and forums, including AutoGuide.com, Motorcycle.com, and PBNation.com, has affected nearly 45 million accounts. LeakedSource reported the hack and said passwords […]

  • Andela Startup

    Zuckerberg has backed a startup harder to get into than Harvard

    Mark Zuckerberg has joined Google in backing Andela, a two-year-old startup that trains software developers in Africa and then helps place them in full-time roles with international companies. Andela has grown quickly to 200 engineers with offices in Nairobi, Kenya, and Lagos, Nigeria. On Thursday, the startup announced a funding round of $24 million in a round […]

  • Shazam was set to be a failure and then all of a sudden it wasnt

    Shazam’s cofounder gave his company a 4% chance of working now it’s worth $1 billion

    When Shazam cofounder Dhiraj Mukherjee started his music discovering service in the early days he gave it a 4% chance of working. Speaking at the Startup Grind Europe conference in London, Mukherjee said he calculated the figure in the company’s early days when he realizes Shazam’s complex technology had just a 25% chance of actually working. […]

  • Rhapsody and Napster name

    Here comes Napster again

    Napster is making a comeback — in name only. In 2011, music streaming service Rhapsody purchased the remains of the once popular music sharing service. Napster was launched as a free music sharing site that became home to pirated music and was eventually shut down after facing dozens of lawsuits. The service helped consumers accessed […]

  • Apple wrap around screen patent

    Apple patent aims to deliver a wrap-around screen to iPhone users

    Apple has filed a patent that would provide customers with a wrap-around 360-degree screen. Apple was granted the patent on Tuesday and it could allow the company to put a display on all sides of an iPhone: front, back and side. “The wrap around display substantially increases the available display area that can be used […]

  • Portadi and OneLogin

    OneLogin buys Portadi for an undisclosed sum

    Portadi launched in the beginning of 2015 and the company has already been acquired. OneLogin has purchased the company for an undisclosed sum. OneLogin is competing against such billion-dollar companies as Okta for a piece of the space. Portadi helps bring a level of automation to the OneLogin onboarding process. OneLogin acts as a single sign-on access […]

  • Apple

    Apple will unveil new OS upgrades at WWDC

    Apple on Monday is expected to announce a number of new upgrades to its various operating systems. Analysts don’t believe there will be many hardware updates this time around. Instead, the company will offer previews of new features coming to Macs, iPhones, iPads, the Apple Watch, and Apple TV. CEO Tim Cook and a roster of […]

  • LinkedIn is being purchased by Microsoft

    Microsoft is buying LinkedIn for $26.2 billion

    Microsoft is buying LinkedIn for $26.2 billion. The tech giant announced the deal on Monday. Microsoft will pay $196 per share for the social enterprise company. LinkedIn CEO Jeff Weiner will remain CEO of the professional social network, and will report directly to Microsoft CEO Satya Nadella. The company says LinkedIn will maintain its “distinct brand, […]

  • Amazon

    Amazon sees ‘huge potential’ with new $3 billion investment in India

    Amazon is spending $3 billion on top of the $2 billion it started spending in India just two years prior. The company says it sees “huge potential” for the world’s fast-growing economy. Founder and CEO, Jeff Bezos, announced the new funding, which will help the company expand its operations in India. “We have already created […]