Newsroom

Facebook’s WhatsApp Acquisition Now Has Price Tag of $22 Billion

Facebook closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of…

Silicon Valley Giant Hewlett-Packard to Split in Two: WSJ

Silicon Valley stalwart Hewlett-Packard, which has struggled to adapt to the new era of mobile and online computing, plans to split into two companies as it looks to put more focus…

Microsoft Says Samsung Owes $6.9 million in Unpaid Interest

Microsoft is demanding $6.9 million interest from Samsung in a dispute over smartphone patent royalties, according to a lawsuit unsealed by a New York federal court on Friday. Microsoft is asking the court to…

Verizon’s Redbox Instant Video Streaming Service to Shut Down

Redbox Instant, a streaming video service operated by Verizon Communications and Outerwall Redbox, will shut down next week because the venture has not been as successful as hoped, the two companies announced…

MIT, Twitter Team Up on $10M Social Media Project

The Massachusetts Institute of Technology and Twitter are teaming up on a $10 million project to better understand social networks and figure out new ways to benefit from them. As…

EU Antitrust Body OKs Facebook’s $19B WhatsApp Bid

The European Union’s antitrust authority says it has approved Facebook’s proposed $19 billion takeover of the messaging service WhatsApp. The 28-nation bloc’s executive Commission said Friday the deal may go…

Angry Birds Maker Rovio to Cut Up to 130 Jobs

Finnish mobile games maker Rovio, owner of the Angry Birds brand, plans to cut up to 130 jobs in Finland, or 16 percent of its workforce, saying growth has not been as…

Dubai Detectives to Get Google Glass to Fight Crime

Dubai police plan to issue detectives with GoogleGlass hands-free eyewear to help them fight crime using facial recognition technology, a police spokesman in the wealthy Gulf Arab emirate said. The wearable…

Larry Ellison Still the Top Draw at Oracle’s Mega-Convention

Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp’s annual conference in San Francisco on Tuesday, where he joked about losing his name…

Windows 10 Tries Blending New with Familiar

Microsoft is trying to soften an unpopular redesign of Windows by reviving features from older versions while still attempting to nudge desktop users into a world of touch screens and…

Connected Cars: Is AT&T Leaving Verizon in its Rear-View mirror?

Verizon Communications, the No.1 U.S. wireless carrier known for its widespread coverage, is falling behind its biggest rival in what many are betting will be the next big thing in…

Yahoo-AOL Merger Proposal: Recipe for Revival, or Stagnation?

A proposed merger of Internet pioneers AOL Inc and Yahoo Inc could create a nimbler player in Web video, but strong growth, the measure of success in Silicon Valley, would remain elusive….

Rocket Brings IPO Forward Due to “Exceptional” Demand

Germany’s Rocket Internet is bringing its planned initial public offering (IPO) forward by a week, citing “exceptional investor demand across all points of the price range” for its shares. The…

Apple’s Response to iPhone Glitches is Key

Apple’s response to a high-profile gaffe involving its iPhone software may be more important than the glitch itself. As the giant tech company scrambled to fix a software glitch that…

EU Privacy Watchdogs Give Google Guidelines to Change Privacy Practices

European data privacy regulators on Thursday handed Google a package of guidelines to help it bring the way it collects and stores user data in line with EU law after six regulators…