IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
Sectors
Sanlam's US $24 mln investment takes load off beleaguered First Strut
Sanlam, South Africa's leading life insurer, shells out US $24 million in favor of First Strut.
Canadian smartphone market increases, BlackBerry fails
According to a Google research, Canada's smartphone market increased. Canadians have been bitten by the smartphone bug, according to Google's latest report on smartphone ownership in the country.
Smartphone battle claims "biggest victim", HTC
HTC was considered as the "biggest victim" by an industry analysis from Citi. It is close to impossible for HTC to perform a comeback after losing horribly in the global smartphone race, according to analysts in the industry.
BMC Software Finance announces intention to privately offer USD 1,380 million in senior notes
BMC Software Finance Inc. said it intends to offer USD 1,380 million in senior notes through a private placement.
Latest News
Merz Pharma acquires Neocutis in an effort to boost its presence in the field of both medical and cosmetics.
White Deer Energy bought J-W Measurement Company for an undisclosed amount. White Deer Energy L. P. II, its affiliates and J-W Measurement Company's senior management team, bought J-W Measurement Company for an undisclosed amount.
Spotify's revenues in 2012 grew more than twice as much after expansion. Spotify's revenues in 2013 more than doubled to Eur435 million or US$577 million from last year.
Private equity firms Columbia Capital and Rho Ventures purchase minority stakes in sports content producer Mandalay Sports Media.
Apigee secured an equity funding worth US $35 million, which will be used to expand its presence globally.
True Religion Apparel Inc. appointed David Conn as its new Chief Executive Officer. The portfolio company of TowerBrook Capital Partners, True Religion Apparel Inc.
Gimme Credit's analyst Dave Novosel downgrades Motorola's rating from "buy" to "sell."
Siemens will gain EUR400 million from selling stakes in Nokia Siemens Networks. Siemens's recent exit from its Nokia Siemens Networks stake will net the engineering group a total of EUR400 million or US$530 million, according to the company's chief executive Joe Kaeser.
The recently-held talks between Apple and China Mobile could benefit both companies. The recently-concluded talks between Apple CEO Tim Cook and China Mobile Chairman Xi Guonhua could be beneficial to both, Reuters said in a report.
