Technology Equipment
CyPhy scoops up USD7 million to build flying robots
CyPhy secured USD7 million from Lux Capital and other investots, which will be used to build flying robots with secure communication lines.
BlackBerry's funds slowly bleeding out
BlackBerry's cash reserves may only last until 2014. Beleaguered smartphone maker BlackBerry had planned to issue convertible notes worth USD1 billion after the collapse of its Fairfax Financial Holdings bid.
Acer CEO steps down, says consecutive poor financial results as reason
Acer CEO and Chairman J.T. Wang announced his resignation today amidst a better third quarter results report.
Google's USD607 million investment to triple size of Hamina data facility
Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.
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Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
SunPower Corp acquired Greenbotics Inc for its robots that clean solar power panels. US solar manufacturer SunPower Corp purchased Greenbotics Inc. The latter manufactures robots that can clean solar panels.
Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.
Embraer under fire for corruption charges in the Dominican Republic. American and Brazilian authorities are determining whether Embraer SA had bribed Dominican Republic officials for the grant of a USD90 million contract for attack planes for the country's armed forces.
A lawsuit was filed by LightSquared against manufacturers of its GPS equipment for broken promises as to the capacity of the machines.
Dell Inc had paid out executives for its shares not rolled over into the newly privatized Dell. The directors and top executives of Dell Inc. had received a total of USD59.
The initial public offering of Chegg was highly anticipated by the technology community following its impressive growth
Greece’s growing tech scene has aided in the recovery of the country’s economy. According to a Reuters column article, Greece suffered an unemployment rate of 27.
Pumpmaker ITT is expanding both on the shareholder value side and on the operations side as demand for pumps had increased by half in the third quarter alone.