Software & IT services

Facebook stock slips after Onavo buyout announcement

Investors might not had been receptive of Facebook Inc's acquisition of Israeli mobile data analytics firm Onavo as stocks of the social media fell 1.5% in pre-market trading today.


TRAFI raises USD500,000 in seed fund, boards former Nokia Maps chief

TRAFI, a Lithuanian Journey planner startup, received a USD500,000 in investment capital from Practica Capital to expand into key markets unexplored by big players like Google Maps.

Shares of Unit4 rise after EUR 1 billion takeover announcement

Dutch software company Unit4 shares increased after it announced that private equity firms had approached with a EUR 35 per share buyout offer.

IT provider Tieto to cut more jobs

Finnish IT services provider Tieto had planned to reduce its workforce by a further 5% following last year's job reduction, said a report from Reuters.


Latest News

Data management firm Identity Finder said the browser cache of Google Chrome could store a user's personal information.
Hewlett-Packard (HP) Co Chief Executive Officer Meg Whitman's recent email to its over 300,000 employees had stressed the need for the company to work harder and regain the top spot in the corporate technology services market.
Major broadcasters including Fox Television Stations had appealed to the Supreme Court in the hopes of stopping the streaming services of tech startup Aereo.
Google Inc's planned user endorsement ads could be opt out by its customers in a few simple steps.
Social marketing tech startup Bread was acquired by Yahoo Inc to improve revenue potential of its ad products.
Brazilian antitrust regulators had been investigating Google over alleged anticompetitive practices by Microsoft Corp and Brazilian rivals.
Samsung Electronics Co Ltd issued a statement to deny reports of its acquisition of Fingerprint Cards AB for USD650 million.
Mobile financial solutions provider Level initially closed its Series A funding round with USD 5 million.
Synaptics Inc recently acquired Validity Sensors, Inc for USD255 million to obtain access to a profitable biometrics market.
A hacker identified as James Forshaw received USD100,000 in prize money from Microsoft Corp's bug bounty program for finding a new way to bypass security of Windows 8.1.
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