Tesla Motors Inc (TSLA) officially selects Nevada as Gigafactory location

Tesla Gigafactory

Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk and Governor Brian Sandoval announced that Nevada has been selected as the official site for the Tesla Gigafactory.

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Nvidia files lawsuits against Samsung and Qualcomm

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Nvidia has filed a patent infringement lawsuit against Samsung and Qualcomm. The patents are related to mobile graphics processors. This is the first patent lawsuit in Nvidia’s company history.

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Vice Media is now valued at $2.5 billion

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Vice Media has sold a 10% stake of the company to A&E. The $250 million investment from A&E gives Vice Media a $2.5 billion valuation.

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Facebook Inc (FB) Android app hits 1 billion installs

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The Facebook
 Inc (NASDAQ:FB) Android app has hit 1 billion downloads on Android. That means that it is the first non-Google app to hit 1 billion downloads on Google Play. The Facebook Android app beat several individual Google apps like Chrome, Hangouts, and Google Search. Some of Google’s Android apps that surpassed 1 billion downloads include Gmail, Google Maps, and YouTube.

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Google Inc (GOOG) rebrands enterprise division to Google for Work

Google For Work
Google Inc (NASDAQ:GOOG) is rebranding the enterprise division that sells Gmail, Google Docs, and Google Drive to Google For Work. This division used to be called Enterprise.

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Reddit has launched a new AMA app

Reddit AMA
Reddit’s AMA (Ask Me Anything) section is very popular. Some of the notable figures that have done an AMA include Barack Obama, Robin Williams, Bill Gates, Madonna, Stan Lee, Al Gore, Roger Ebert, and David Copperfield.

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Fantasy sports service FanDuel raises $70 million

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FanDuel has raised $70 million in Series D funding. Shamrock Capital Advisors led this round of funding. Shamrock sold the Harlem Globetrotters franchise last year. NBC Sports Ventures and Kohlberg Kravis Roberts also participated in this round. Bullpen Capital, Pentech Ventures, and Comcast Ventures also participated in this round. This round of funding will go towards marketing and acquiring new customers.

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Thoma Bravo is taking Compuware private for around $2.5 billion

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Thoma Bravo has announced that it has acquired Detroit, Michigan based software provider Compuware for nearly $2.5 billion. Thoma Bravo is going to pay $10.43 in cash for each outstanding share of Compuware stock, according to the deal terms.

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