Top Brewer is a latte machine with an app. Hailing from Denmark, the product looks like a sleek curved faucet, but can spit out lattes and cappuccinos with just the right amount of froth just like the pros do. Users control coffee vs. milk content via their phones. Maker Scanomat developed the technology and also roasts the beans. Price tag: $11,000
Google slashed its cloud computing service prices on Tuesday, seeking to wrest customers from Amazon.com and Microsoft in the fast-growing market of renting computers and data storage to companies. Price cuts range from 30 to 85 percent. Google's Cloud Storage will cost 2.6 cents per gigabyte, about 68 percent lower for most customers. Google's Compute Engine services will cost 32 percent less across all sizes, regions and classes.
Facebook Tuesday said it agreed to acquire Oculus VR, a virtual-reality company that uses glasses to simulate game play, for $2 billion in cash and stock. “Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow,” said Facebook chief executive Mark Zuckerberg . “Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate.”
Apple may be the most valuable company on the planet, but two and a half years into the Tim Cook era, it already looks like a different outfit. Though Cook has brought revenue up 58 percent, and profits up 40 percent, the Steve Jobs-led fervor to innovate seems to be subsiding. Apple is in an industry where it has to keep coming up with daring new breakthroughs, and the famously bland Cook doesn’t seem like the man to deliver them. Revenues in the last fiscal year were up only 9.6 percent, the slowest increase in a decade, and earnings fell for the first time since 2001.