Late-stage Google Capital growth fund renamed CapitalG, reveals investment in Snap Inc

While GV — formerly Google Ventures — is Alphabet’s more well-known venture capital arm, the parent company also runs a fund aimed at late-stage growth companies. Google Capital is now being renamed as CapitalG, with the new site revealing a previously unknown investment in the makers of Snapchat.

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Growth estimates for smartwatches have been slashed, because no one really wants them…

When smartwatches first debuted, most people saw them as the futuristic wearable we always wanted. Early adopters loved options like the Pebble, first generation of Android Wear, and more. However, it seems like those early adopters might have been the only ones who were interested.

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Huawei reports 35% revenue growth in 2015 following strong smartphone sales

Following some very strong quarterly results, Huawei today revealed that 2015 was a resounding success. Although it was a little light on details, the company (as reported by WSJ) saw its full-year revenue for 2015 rise to 390 billion yuan (roughly .1 billion USD). That’s up more than 35% on the full calendar year previous…

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Android sees massive growth in China, small growth in Europe, small decline in U.S. – Kantar

Android grew its market share in China by a massive 9.3 points year-on-year, reports Kantar, hitting a commanding 83.2% in the quarter ending January 2017.

Growth was slower in Europe, where it grew 1.4% to hit 74.3%. The platform saw a further fall in the USA, where it dropped 1.8 points, but remains comfortably ahead of Apple’s iOS at 56.4% of the market.

Things are getting interesting when it comes to emerging smartphone brands, says Kantar …

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Samsung predicts first return to profit growth in two years – but thanks to chips, not phones

There’s good news and bad news for Samsung today. The good news: the company has forecast a reversal of its seven-quarter decline in profits, suggesting an impressive year-on-year hike of almost 80%.

The bad news is that, while the company itself hasn’t released any details on where the profit is coming from, analysts cited by the WSJ and elsewhere put it down to strong growth in sales of chips and displays – not phone sales. This suggests that Samsung is making its money by helping other manufacturers, like Apple, sell their phones …  more…