Modern endpoint backup means real-time data protection. Get it from Code42. Click here.
Welcome Guest | Sign In
TechNewsWorld.com
Oracle Plunks Down $532M for Customer Engagement Firm Opower
May 3, 2016
Oracle on Monday announced that it has agreed to acquire Opower for $532 million in cash. More than 100 global utilities, including PG&E, Exelon and National Grid, use Opower's customer engagement and energy efficiency cloud services, Oracle said. Opower's big data platform stores and analyzes more than 600 billion meter reads from 60 million end customers of utilities.
Nokia Buys Into Digital Health
April 28, 2016
Nokia on Tuesday announced plans to purchase Withings for $192 million in cash as part of its move into the healthcare devices arena. The deal is expected to close in early Q3, and Withings will become part of the Nokia Technologies business. "We have said consistently that digital health was an area of strategic interest to Nokia," CEO Rajeev Suri said.
Regulators Impose Caveats on Charter TWC Merger Approval
April 27, 2016
Federal regulators on Monday approved Charter Communications' $78 billion merger with Time Warner Cable and its $10.4 billion acquisition of Bright House Networks, but with a number of tough conditions. The Justice Department filed a settlement agreement to block the new company from enforcing any deal that makes it harder for online video distributors to get video content from programmers.
BMW, Daimler Steer Clear of Apple Car Project
April 25, 2016
BMW and Daimler have broken off talks about forming a partnership with Apple to develop an electric car, according to news reports published last week. Discussions stalled over issues that included which company would take the lead on the project and which would have ownership of the data. Apple apparently sought to develop a vehicle that would be integrated closely with its cloud-based software.
Volkswagen Agrees to Fix or Buy Back Dirty Diesel Cars
April 22, 2016
Volkswagen has reached an agreement to repair or replace about 500,000 diesel cars in the U.S., according to court documents released Thursday. The cars were equipped with software designed to deceive emissions tests. Under the agreement, announced Thursday in U.S. District Court in San Francisco, Volkswagen will pay back an undetermined amount of money to owners of the affected vehicles.
Chatbots Drive Shopify's Kit CRM Deal
April 15, 2016
Shopify on Wednesday announced that it has agreed to purchase Kit CRM, whose Kit chatbot automatically sends out marketing text messages for online stores. It also lets businesses run targeted ads on Facebook and Instagram, make recommendations based on store activities, post on social media and use functionality provided by other social media apps, Shopify CMO Craig Miller said.
ESPN Adds Drone Racing to Its Summer Schedule
April 14, 2016
The International Drone Racing Association and ESPN on Wednesday announced a multiyear international media distribution deal. Under the partnership, the network will showcase the 2016 U.S. National Drone Racing Championships, which will be held on Governors Island in New York City this summer. The national championships and the 2016 World Drone Racing Championships will be streamed live on ESPN3.
Daily Mail Joins Yahoo Bidding Queue
April 11, 2016
The parent company of British tabloid the Daily Mail apparently has entered what's shaping up as frenzied round robin bidding war for Yahoo, a firm that long has worn the mantle of a technology relic incapable of exciting interest. The Daily Mail & General Trust on Monday confirmed a report that it has approached private equity companies on a possible joint bid for the firm.
Verizon May Be Tuning Up for Yodeling Contest
April 9, 2016
Verizon reportedly is planning to make a formal first-round bid for the core assets of Yahoo when the company begins fielding offers on Monday. Verizon, whose CEO last month confirmed his company's interest, is working with executives of its AOL subsidiary and three financial advisors to put together a bid by the April 11 deadline, according to the report.
Report Throws the Book at Yahoo
April 8, 2016
Yahoo is in the midst of a financial freefall, based on a report that claims the company's deal book shows a muddled and confusing financial picture that has made potential investors nervous about any effort to salvage the business. Yahoo's internal presentation for investors paints a picture of a company moving entirely in the wrong direction, according to the report.
Salesforce's MetaMind Buy Fuels CRM's AI Arms Race
April 7, 2016
MetaMind, a startup focused on deep learning, this week announced that it has been acquired by Salesforce. The company's expertise is in natural language processing -- letting computers analyze relationships between words. "We'll be able to offer customers real AI solutions with breakthrough capabilities that further automate and personalize customer support," MetaMind CEO Richard Socher said.
Volkswagen Picks Mirantis to Build Massive OpenStack Cloud
April 7, 2016
Mirantis on Wednesday announced that Volkswagen Group has selected Mirantis OpenStack to power its cloud applications. The selection process involved a series of cloud-to-cloud performance trials between Red Hat and Mirantis, one of the last pure-play OpenStack companies. It's ideally positioned to pursue and win large-scale deals like the Volkswagen project, analyst Charles King said.
Twitter Upsets Rivals to Win Thursday Night Football Streaming Rights
April 6, 2016
The National Football League on Monday named Twitter its exclusive global partner to live-stream 10 Thursday Night Football games during the 2016 season. Twitter reportedly beat out some of the top content and social media providers. It will live-stream the games for free to more than 800 million registered and unregistered users over mobile phones, tablets, connected TV sets and PCs.
IBM Snags Bluewolf for Salesforce Chops
April 1, 2016
IBM on Thursday announced that it has agreed to buy Bluewolf, a Salesforce system integrator. It reportedly will pay $200 million. Bluewolf will provide cloud consulting and implementation capabilities as part of IBM Global Business Services' Interactive Experience practice. The aim is to deliver differentiated, cloud-based, consumer-grade experiences, IBM said.
Foxconn Finally Wrangles Sharp Deal
April 1, 2016
Foxconn has agreed to purchase a controlling stake in Sharp -- about 66 percent -- for roughly $3.5 billion, the companies announced Wednesday. Foxconn has committed to restoring Sharp's profitability and improving operations, according to the companies. "I am confident that we will unlock Sharp's true potential," Foxconn CEO Terry Gou said. The acquisition brings months of speculation to a close.
Dell Sells IT Services to Raise Cash for EMC Deal
March 30, 2016
NTT Data on Monday announced in a regulatory filing that it has agreed to purchase Dell's IT services business for just over $3 billion. Dell reportedly agreed to the sale to help finance its pending $67 billion purchase of EMC. "Dell reported in previous public filings that it would consider divestitures as it worked to finalize its acquisition of EMC," Dell spokesperson David Frink pointed out.
A Dramatic 16 Years for 4 Tech Titans
March 28, 2016
Following Apple's latest announcements, I noticed a number of reports on how disappointed customers were that there was nothing they wanted to wait in line for hours to buy. I personally thought they should have been excited about that, because I hate to stand in lines. I've never really figured out an Apple fanatic's penchant for pain. Still, it is very clear that today's Apple is very different.
Angry Investor Aims to Kick Yahoo's Board to the Curb
March 28, 2016
Starboard Value last week launched a proxy fight to replace the board at Yahoo, blasting the company's management and nominating its own slate of board members. One of Yahoo's largest investors, Starboard has a 1.7 percent stake worth about $570 million. It has been "extremely disappointed with Yahoo's dismal financial performance," said Jeffrey Smith, managing member of Starboard.
IBM Gloves Up for Public Sector CRM Arena
March 23, 2016
IBM last week announced its acquisition of Optevia, a Software as a Service systems integrator specializing in Microsoft Dynamics CRM solutions. It will become part of IBM Global Business Services. Optevia specializes in the public sector market in the UK, where it is based. Its focus is on emergency services, central and local government, health authorities, and housing and social enterprises.
Amazon Throws Shade at Apple Defection Reports
March 18, 2016
Apple has shifted a portion of its cloud services business from Amazon Web Services to the Google Cloud Platform, according to reports published this week. The company maintained a smaller presence with AWS, as well as its existing relationship with Microsoft Azure. It reportedly is spending $400 million to $600 million under the cloud services agreement.
Intel Gets Into the FreeD Sportscasting Game
March 11, 2016
Intel has announced its intent to acquire Replay Technologies, the company known for elevating the NBA All-Star Weekend with cutting-edge 3D graphics. Replay develops and maintains what it calls "freeD" -- that is, free dimensional -- technology. Sports fans may have noticed the Matrix-esque effect employed at other sporting events. The novel technique relies on an array of cameras and software.
Google's Loons to Glide Over India
March 8, 2016
Google has been in talks with telecom service providers in India to bring its Project Loon to the subcontinent, Rajan Anandan, Google's managing director for Southeast Asia and India, said in an interview published Monday. The project would deliver Internet access via balloons floating thousands of feet in the air. It is Google's latest effort to bring Internet access to remote parts of Asia.
Microsoft Buys Xamarin to Boost Cross-Platform Development
February 25, 2016
Microsoft on Wednesday announced that it has reached an agreement to acquire Xamarin, a platform provider for mobile app development. Xamarin's platform will be used in conjunction with Microsoft's Visual Studio, enabling developers to build apps using C# to deliver fully native mobile app experiences across platforms, including Android and iOS, said Microsoft's Scott Guthrie.
IBM Meets VMware and Apple Swift in the Cloud
February 23, 2016
IBM on Monday announced cloud-focused deals with VMware and Apple at its InterConnect conference. The strategic partnership with VMware would facilitate IBM's positioning in the hybrid cloud services territory and help the company grow its cloud service offerings, according to IBM. Enterprises that use VMware technologies will be able to run services on 45 IBM Cloud data centers around the world.
Yahoo Sets Itself Up for Buyout
February 20, 2016
Yahoo on Friday announced that it has hired banking advisers and formed a committee to explore its strategic alternatives, the latest indication that it's serious about pursuing a possible sale. The committee, along with advisers Goldman Sachs, J.P. Morgan Chase and PJT Partners, will identify and recommend to the board transactions that it deems beneficial to employees and shareholders.
Investors Bet $57M on Jana's Global Internet Access Strategy
February 19, 2016
Jana on Thursday announced it has raised $57 million in Series C funding, enabling it to continue its plans to connect developing countries to the Web. Verizon Ventures led the funding round, with backing from Spark Capital and Publicis Groupe. The backing will give Jana the boost it needs to connect its next billion users, according to company spokesperson Meagan Ward.
Time Scoops Up MySpace With Viant Buy
February 13, 2016
Time on Thursday announced an agreement to acquire the assets of Viant Technology. The deal will let Time combine its premium content, subscriber data and ad inventory with Viant's first-party data and targeting technology. "We're going to be able to deliver both data-driven capabilities and premier content in a single platform," Time spokesperson Jill Davison said.
New SourceForge Owners Start Trust Repair
February 11, 2016
SourceForge on Tuesday announced that it has pulled the plug on its DevShare program amid growing rebellion from software developers and a change of ownership. SourceForge Media announced the termination notice with a promise of other policy changes coming soon. DevShare was an opt-in revenue-sharing program for developers that was started in 2013.
Yahoo May Have Found a Lifeline
February 11, 2016
Verizon CEO Lowell McAdams last week confirmed that his company was exploring an acquisition of some of Yahoo's assets, which would be placed under the corporate umbrella of Verizon's AOL unit. McAdams discussed Verizon's interest in an interview with Mad Money host Jim Cramer. Giving AOL CEO Tim Armstrong control of some of Yahoo's assets would be good for investors.
Microsoft Acquires SwiftKey to Advance AI Goals
February 4, 2016
Microsoft on Wednesday announced an agreement to acquire SwiftKey, whose software keyboard and SDK are used on more than 300 million Android and iOS devices. SwiftKey's technology aligns with Microsoft's vision for more personal computing experiences "and directly supports our ambition to reinvent productivity by leveraging the intelligent cloud," said Microsoft's Harry Shum.
See More Articles in Deals Section >>
Facebook Twitter LinkedIn Google+ RSS
Code42
How do you feel about technology and security?
Very insecure -- I would gladly pay extra for better security.
Very insecure -- I'm using technology less as a result.
Very insecure -- but I'm willing to make the trade-off.
Secure enough -- I take reasonable precautions.
Secure enough -- I'm not a likely target.
Very secure -- I trust tech companies to protect me.