A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007.
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Exclusive - Venture capitalist Draper wins bitcoin auction: Vaurum
Venture capitalist Tim Draper won the U.S. Marshals bitcoin auction earlier this week that captured about $18 million for 30,000 bitcoin, according to a statement emailed to Reuters on Wednesday.
Intelligent cars draw investors to tech stocks
Technology and telecoms firms could be the big winners in a connected car market that may be worth $50 billion over the next decade, luring investors away from traditional automakers.
Business bandwidth demand lights up once dark fiber sector
U.S. businesses' burgeoning demand for data and video is fueling a revival in fiber optic services, an industry once decimated by overbuilding during the dotcom era.
Google sets sights beyond smartphones at annual developer conference
Google Inc (GOOGL.O) (GOOG.O), whose Androidsoftware reigns as the world's dominant smartphone operating system, will step up efforts to make inroads into cars, televisions and other devices at its annual developer conference this week, sources familiar with the matter said.
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Parents struggling to get their children away from smartphones and tablets for meals, homework, exercise and other activities can arm themselves with new apps to remotely block access to the devices.
In 2013, Oculus VR's booth at Electronic Entertainment Expo, the gaming industry's biggest annual convention, was relegated to a far corner of the showfloor near the restrooms.
Commuters faced a day of traffic chaos in London, Berlin, Paris and Madrid on Wednesday as taxi drivers mounted one of the biggest protests against Uber, a U.S. car service which allows people to summon rides at the touch of a button.
India's new government will pursue an economic reform agenda that foresees introducing a general sales tax, encouraging foreign investment and speeding approvals for major business projects, the president told parliament on Monday.
Japan's first quarter growth handily beat initial estimates on an unexpected surge in capital spending, fresh signs the world's third-biggest economy is in better shape to weather a hit to consumption from a sales tax hike.
Amazon and Best Buy have appeared to leak a PS4 and PS Vita bundle complete with pricing, ahead of its scheduled big announcement in the upcoming Electronic Entertainment Expo (E3 2014).
A smartphone app that rids you of acne. Another that monitors your heart rate 24-7. One that detects skin cancer by looking at your birthmarks. If they sound too good to be true, they may be.
Companies based outside the European Union must meet Europe's data protection rules, ministers agreed on Friday, although governments remain divided over how to enforce them on companies operating across the bloc.
A year after Edward Snowden exposed the National Security Agency's mass surveillance programs, the major U.S. technology companies suffering from the fallout are uniting to shore up their defenses against government intrusion.
