South African telecommunications company Telkom (TKGJ.J) made a second stab at buying IT infrastructure firmBusiness Connexion (BCXJ.J) with a 2.7 billion rand ($256 million) offer, seven years after competition concerns scuppered its first bid.
Sectors
Foxconn to buy $390 million stake in Taiwan telecom operator in 4G push
Apple Inc supplier Foxconn Technology Group will buy a stake in Taiwanese mobile telecoms operator Asia Pacific Telecom for T$11.6 billion ($390 million) in a deal that would expand its presence in Taiwan's fledgling 4G telecoms market.
RRsat sees video distribution market shifting to outsourcing
New technologies in digital media services and an industry shift towards outsourcing will bring strong growth opportunities in the coming years, said Avi Cohen, chief executive of Israel's RRsat Global Communications Network.
Google developing tablet with advanced vision capabilities - WSJ
Google Inc (GOOGL.O) is developing a new 7-inch tablet that can capture 3-D images, and plans to produce about 4,000 of these prototypes beginning next month, the Wall Street Journal reported, citing people briefed on the company's plans.
Facebook narrows audience that sees new users' first posts
Facebook Inc has changed a privacy setting on its social network, limiting the audience that sees new users' first posts in a reversal of a feature that had critics said forced people to over-share personal information.
Latest News
PSA Peugeot Citroen plans to build its next C3 compact model in Slovakia instead of France, sources close to the French carmaker told Reuters on Thursday.
Flipkart, India's largest e-tailer, on Thursday acquired the country's biggest fashion portal Myntra, as Amazon.comInc's rapid expansion in the country stokes consolidation in the e-commerce industry.
Marlin & Associates Securities LLC (M&A), the boutique investment banking and strategic advisory firm, announced that, effective today, Jason Panzer has been named to the newly created position of Chief Operating Officer.
Online music streaming service Spotify said on Wednesday its global paid subscriber base had swelled to 10 million as speculation mounts the Swedish start-up could be gunning for a share listing.
Facebook Inc is expanding its new video advertisingservice, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company told Reuters.
GoPro Inc, which makes wearable sports cameras and accessories, filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common stock.
The federal government would need a warrant from a judge if it wants the cooperation of California officials in searching residents' cellphone and computer records, under a bill making its way through the state legislature.
Several bitcoin exchanges including the now-defunct Mt. Gox received subpoenas from Manhattan federal prosecutors this winter as they look into possible ties between the exchanges and the online drug market Silk Road, the Wall Street Journal reported on Monday, citing people familiar with the matter.
When Americans voted to renew President Barack Obama's lease on the White House in November 2012, more than 9 million citizens took to Facebook to click the "I'm a Voter" button, showing their online friends that they had cast a ballot.
