Cisco Systems, Inc. acquires Metacloud

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Cisco Systems, Inc. (NASDAQ:CSCO) has acquired Metacloud, a startup that delivers “an amazing public cloud experience, privately.” Metacloud offers OpenStack as a service that lets customers operate it as a public cloud.

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Boeing and SpaceX win major NASA contracts

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NASA has awarded a $4.2 billion contract to Boeing and a $2.6 billion contract to SpaceX. The contracts include certification and development at up to six missions. The missions involve flying astronauts to the International Space Station. SpaceX, the commercial space travel company led by Elon Musk, has already sent supplies to the ISS. Blue Origin, the commercial space venture founded by CEO Jeff Bezos, also joined in the Boeing bid.


Sony is expected to lose $2.14 billion next year

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Sony Electronics is expected to lose around 230 billion yen ($2.14 billion) in 2015, which is much higher than expected. The loss is primarily due to weaknesses in its mobile communications marketshare. The $2.14 billion loss is much larger than a July forecast of 50 billion yen ($470 million). Sony said it will deliver more stable profits by focusing on premium phones.


LightSpeed raises $35 million in funding

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LightSpeed is a startup that has built software to help brick-and-mortar companies increase sales and improve customer satisfaction. LightSpeed has raised $35 million in Series B funding from iNovia Capital and Accel Partners.

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JW Player raises $20 million

JW Player Logo has raised $20 million in Series C funding. Some of JW Player’s customers include TripAdvisor, IMDB, and EA. The video player is used on 2 million websites and the videos that it plays are watched by over 900 million people every month. This round of funding was led by Greycroft Growth, Greenspring Associates, Cueball Capital and JW Player launched as an open source project in 2005. A full company was built around the open source project in around 2008. Using the player is free, but there are charges for additional services like the ability to run ads.

Goldman Sachs leads $400 million investment in Privia

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Goldman Sachs led a $400 million funding round in Privia, which is a physician practice management and health technology company. Some of the other investors that participated in this round include Pamplona Capital Management, Cardinal Partners, Brighton Health Partners, Health Enterprise Partners and Morgan Noble Healthcare Partners. The funding will be used to expand Privia from Arlington, Virginia to Maryland, D.C., New York, Atlanta, Florida, Texas, and several other places.


Acer has released a selfie hat

Acer Selfie Hat
Acer has released a selfie hat that looks like a sombrero that holds an Iconia A-1 840 tablet through a fold-down flap. The tablet can slide around the brim of the hat. The Acer selfie hat was created through a partnership with fashion designer Christian Cowan-Sanluis and Acer UK. You can only purchase the hat in London — it is only display at the Christian Cowan-Sanluis fashion presentation at London Fashion Week.


Apple Inc. reportedly receives 15 cents per $100 through Apple Pay

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Apple Inc. (NASDAQ:AAPL) is reportedly receiving 15 cents on every $100 that is spent through Apple Pay, according to sources with The Financial Times. The Financial Times said that this arrangement is “unprecedented.” Even Google does not have an arrangement that is as beneficial despite the marketshare that Android has.

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