AVG Technologies is known for developing antivirus software. Now AVG is acquiring Location Labs for $220 million. Location Labs is a U.S. based mobile security company.
The Sony SmartWatch 3 and the SmartBand Talk are a couple of new smartwatches that can be used as activity trackers. The devices work with the Lifelog activity tracker, which is an app that lets you track everything that is done throughout the day.
Samsung is launching a new virtual reality headset called the Gear VR. The Gear VR is a head-mounted device that uses the 5.7-inch screen of the Galaxy Note 4. The Gear VR fits around the ears and eyes and can be controlled using a touchpad on its right side.
Former New York City Mayor Michael Bloomberg is planning to take over the company he founded again called Bloomberg LP. Bloomberg owns 88% of the company. Bloomberg LP CEO Daniel Doctoroff said he was stepping down at the end of 2014. He worked at Bloomberg ever since January 2008 and became CEO in July 2011.
Zynga announced its first sports game called “NFL Showdown.” The game is a mix between fantasy football and simulation. NFL Showdown has real player names across all 32 NFL teams. Zynga also plans to launch a Tiger Woods game early next year.
xAd, a geolocation mobile advertising company, has raised $50 million in funding. xAd’s geomarketing strategy is based on a user’s actual location rather than the zip code. xAd also offers analytics that shows how effective the ads are. The analytics are called Footprints, which is a real-time consumer visualization platform. xAd is integrated into 15,000 apps and it runs in six countries. xAd is profitable and its expansion has been funded by profits.