Get access to millions of new customers in minutes. Zero hassle PayPal integration from Braintree.
Welcome Guest | Sign In
TechNewsWorld.com
Yahoo Buys Blink Team, App to Go Dark
May 15, 2014
Yahoo has acquired Blink, a mobile app that destroys messages at a predetermined time set by the user. Yahoo intends to shut down both the iOS and Android versions of the app in the coming weeks. Blink made its debut just a year ago. The conventional thinking is that Yahoo acquired Blink largely for its talent, as it seeks to build out a robust portfolio of mobile products.
AT&T May Be Suiting Up to Battle Comcast
May 13, 2014
AT&T has been negotiating to buy DirecTV for close to $50 billion, based on reports that surfaced Monday. The deal, which has not been confirmed by the companies, could close within a few weeks. The current option on the table, according to anonymous sources, would be largely a stock trade but it would include some cash, with AT&T offering in the low- to mid-$90s per share for DirecTV.
Google Picks Up Appetas
May 12, 2014
Google last week acquired restaurant website builder Appetas, a move that could strengthen its relationships with small businesses and ratchet up competition with Yelp, which currently dominates the restaurant review scene. Appetas helps restaurants increase their online presence by building out professional websites that can be integrated with locally focused services.
Breaking Down the Crazy Apple-Buying-Beats Riff
May 09, 2014
The hottest -- and possibly craziest -- tech rumor of the week is, hands down, that Apple is in negotiations to acquire Beats Electronics for $3.2 billion. Based on a single report, the story has been fanned into a raging inferno faster than a wildfire on a hot August day. Unfortunately, the only cited source for the rumor is "people familiar with the deal."
EMC World 2014: Building a Company to Last
May 05, 2014
EMC World -- the company's annual customer, user and partner conference -- kicks off this week in Las Vegas. So it seems like a good time to compare and contrast EMC's current position in the marketplace to its competitors' positions -- and even to its own history. In fact, those points were clarified in its recent Q1 2014 earnings call.
Nokia Launches Fund to Invest in Smart Vehicles
May 05, 2014
Nokia has created a $100 million fund earmarked for investing in firms that specialize in connected and smart vehicles. The move comes days after the Finnish firm forked over its handset unit to Microsoft. Nokia already has a mapping-and-location company called "Here." The new fund will be designed to support the growth of the ecosystem around Here's mapping and location products and services.
Microsoft's Makeover: Nadella Confirmed, Ballmer Vindicated
April 28, 2014
Last week, Microsoft delivered its quarterly report, and it was a big deal. It was CEO Satya Nadella's first real quarter and the Nokia merger was completed. This is just the beginning of the Microsoft makeover, but two things indicate that in the end, Ballmer finally did what was right for Microsoft in prepping the company for Nadella -- and that Nadella was the right choice to lead the firm.
HBO to Rerun Hit Shows on Amazon Prime
April 24, 2014
HBO and Amazon on Wednesday announced a content-sharing partnership that for the first time will allow viewers to see HBO shows on a different platform. Starting May 21, Amazon Prime Instant Video users will have access to some of HBO's hits that are now off the air, including The Sopranos, The Wire, Eastbound & Down, and Enlightened.
Reading Into the Red Hat CentOS Deal
April 23, 2014
There was a somewhat quiet, cost-free acquisition of sorts in the Linux world earlier this year when Red Hat announced it was joining forces with Red Hat Enterprise Linux community clone CentOS. The move, which effectively brings organization, governance, backing and technology of CentOS under Red Hat's brim, is interesting for a few reasons.
Microsoft, Nokia March to Altar
April 22, 2014
Microsoft's ambitious $7.4B acquisition of Nokia's mobile business is set to close. There have been some minor changes to the deal since its announcement, said Microsoft General Counsel Brad Smith. The original deal did not address the management of online assets, for example. The two companies have agreed that Microsoft will manage the Nokia.com domain and social media sites for the next year.
Popular UK Sports File-Sharing Site Shuttered
April 22, 2014
The Sports Torrent Network, a brazenly named file-sharing site, shut down after UK police threatened to put its operators behind bars for up to 10 years. TSTN was a hotbed for illicit broadcasts of European soccer, the National Hockey League, Formula 1 races and more. The site reportedly had about 20,000 members, making it "possibly the largest site of its type."
Samsung Strikes Deal With Fellow Apple Patent Foe
April 16, 2014
Samsung, longtime patent foe of Apple, will partner with Swiss Federal Railways, another -- unlikely -- Apple patent foe. While the deal itself may not be groundbreaking -- Samsung will supply the state-owned rail company with 30,000 mobile devices -- it is interesting given both parties' litigious background with Apple. Samsung's court battles with Apple have been documented ad nauseum.
Drone Wars: Google Snatches Titan From Facebook's Grasp
April 15, 2014
Google has acquired Titan Aerospace, a drone maker that could help its efforts to improve Internet access worldwide. Facebook reportedly was interested in buying the company itself. Titan makes high altitude drones that Google could use in a variety of ways as it works to increase Internet connectivity. Titan's technology has plenty of room for growth, Titan said.
Icahn, eBay Kiss and Make Up - for Now
April 11, 2014
eBay and corporate raider Carl Icahn on Thursday ended their months-long acrimonious battle with metaphorical hugs and kisses. eBay's board accepted an Icahn nominee -- CVS Caremark Chairman David Dorman -- as one of its 10 independent directors, and the disputants sang each other's praises. "Extremely pleased about agreement," Icahn tweeted. "Believe it's a win-win for all shareholders."
Comcast Argues TWC Merger Would Level Playing Field
April 09, 2014
Comcast on Wednesday pulled out all the stops in a "public interest" statement on its proposed merger with Time Warner Cable, one day before it has to appear before the United States Senate Judiciary Committee on Capitol Hill for questioning about the deal. Hot buttons such as Net neutrality, consumer choice, better and lower-cost services for business, and competition were touched on.
Microsoft's Nokia Deal Clears China Hurdle
April 09, 2014
Microsoft's proposed $7.4 billion acquisition of Nokia's mobile phone business is moving closer to the finish line, having just won approval from China's Ministry of Commerce. It is a key milestone for the transaction, which sailed through the U.S. and European approval processes with little difficulty or delay. The deal is expected to close this month.
April Schools' Day: School Canceled Thanks to IT System Hack
April 01, 2014
Well, an A for creativity. In Australia, someone penetrated a high school's IT system and penned text messages and emails to parents saying that the school had been badly damaged by a fire and was not fit for students. There was no truth to the message, however -- just a bit of April Fools' Day shenanigans. An unknown person apparently wiggled into the school's IT systems Tuesday morning.
Microsoft Launches Public Cloud in China
March 27, 2014
Microsoft is now offering general availability of its Azure cloud service in China, becoming the first multinational company to provide public cloud services in the Middle Kingdom. Microsoft is partnering with 21Vianet, a Chinese data center services provider, a marriage that likely helped appease Beijing officials. Until now, all major cloud providers in China have been Chinese.
Facebook Makes Unreal Acquisition
March 26, 2014
Facebook has agreed to acquire Oculus VR, maker of the Oculus Rift virtual reality gaming hardware. Facebook will pay around $2 billion for the company. That figure includes $400 million in cash and 23.1 million shares of Facebook common stock, valued at $1.6 billion based on recent average trading price. There is a provision for an additional $300 million earnout based on performance.
Disney Snaps Up Maker to Court Millennials
March 26, 2014
Disney this week announced it would acquire Maker Studios, a provider of short-form videos, for at least $500 million -- a number that could go up if Maker meets performance targets. Maker's videos account for more than 5.5 billion monthly views on YouTube -- it has 380 million subscribers. Among its more than 55,000 YouTube channels are the popular Epic Rap Battles of History.
Alibaba Takes Tango for a Whirl
March 21, 2014
Alibaba is putting some skin in the mobile-messaging game with a $215 million investment in Tango; the companies announced the funding on Thursday. Mobile messaging apps are hot. Facebook recently scooped up WhatsApp for $19 billion, and Japanese e-commerce titan Rakuten recently acquired Viber for $900 million. Tango is a cross-platform app -- Android, iOS, Windows Phone, PC and Mac.
Icahn Escalates War of Words With eBay
March 12, 2014
Carl Icahn's latest move in a campaign to compel eBay to sell its PayPal division is to take on its CEO John Donahoe. The company on Monday rejected Icahn's nominees to the eBay board -- employees Daniel Ninivaggi and Jonathan Christodoro -- on the grounds that they were unqualified. The board urged shareholders to vote against them at its upcoming annual meeting.

See More Articles in Deals Section >>
Facebook Twitter LinkedIn Google+ RSS