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Facebook on Wednesday announced the acquisition of WhatsApp in a $19 billion deal geared toward increasing its global connectivity. The company paid $4 billion in cash, $12 billion worth of Facebook shares and an additional $3 billion in restricted stock to acquire WhatsApp. Facebook was drawn to th...
What's most unexpected about the acquisition of Time Warner Cable is that the buyer is Comcast. Will the regulators give their blessing or block the deal? If approved, what changes can we expect as investors, customers and workers? If it is not approved, then what comes next? The cable television in...
IBM and AT&T on Tuesday announced they were forming a global alliance to develop solutions for the Internet of Things. They will be combining their analytic platforms, cloud and security technologies -- all with privacy in mind -- to gain insights from machine-to-machine data collected by a vari...
IBM and AT&T on Tuesday announced they were forming a global alliance to develop solutions for the Internet of Things. They will be combining their analytic platforms, cloud and security technologies -- all with privacy in mind -- to gain insights from machine-to-machine data collected by a vari...
HP's problems following its 2011 purchase of Autonomy for $11.1 billion are getting worse. Various documents and internal emails reportedly indicate HP knew about the existence of loss-making hardware sales Autonomy allegedly used to bolster its revenue figures well before May 2012, when HP claimed ...
King Digital Entertainment, creator of the blockbuster social game Candy Crush Saga, is planning to go public. The company filed its initial public offering paperwork with the U.S. Securities and Exchange Commission this week. The company's revenue soared by more than tenfold in 2013, rising to $1.8
A group of 18 organizations on Thursday announced the formation of WifiForward, a coalition that aims to persuade policymakers to open more unlicensed wireless spectrum for use by WiFi-enabled devices. Members include the American Library Association, Best Buy, Comcast, the Consumer Electronics Asso...
After months of being courted by both Comcast and Charter Communications, Time Warner Cable has agreed to be purchased by Comcast for $45.2 billion in stock. The deal, if approved by the United States Department of Justice and the U.S. Federal Communications Commission, will create the biggest broad...
Quality and reliability problems have been increasing with the new digital services from the cable television industry. I am a customer of both Comcast and Time Warner Cable and have noticed the issues, and it's safe to assume other cable-TV providers are having similar problems. This may cause furt...
Yahoo CEO Marissa Mayer has been more active than a kid on a sugar high. The company on Wednesday announced a partnership with Carnegie Mellon University to advance personalization and mobile technologies. That was the same day Mayer told employees in a closed-door meeting that Yahoo would be partne...
Federal agencies spend considerable portions of their budgets on their legal offices. For example, the U.S. Department of Justice awarded a $1.1 billion multiyear contract in 2013 for a wide range of information technologies and legal support services. Yet legal staffs across the federal government ...
Google reportedly has partnered with Foxconn to advance its foray into robotics. Foxconn is widely known as the manufacturer of most of Apple's iPhones and iPads. The firm apparently now is working with Google. Last year, former Android chief Andy Rubin switched gears to lead development of Google...
Billionaire corporate raider Carl Icahn on Monday dropped his attempt to push Apple into repurchasing $50 billion-worth of its stocks, after months of effort. The move follows a recommendation against his proposal made Sunday night by proxy advisory firm Institutional Shareholder Services, Icahn sai...
In the wake of revelations that the U.S. and UK governments regularly monitor private communications, a number of countries are considering a new type of law called "data localization." In the simplest of terms, data localization laws would require that businesses that operate on the Internet -- inc...
Google is moving into a new market with the launch of its teleconferencing system, Chromebox for Business. The system uses the Chrome operating system and is built on Chrome's core tenets of simplicity, speed and security. It marries Google+ Hangouts and Google Apps to allow meeting participants to ...
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