According to several sources who told Reuters, Ford Motor Co CEO Alan Mulally and Computer Sciences Corp CEO Mike Lawrie were endorsed by at least three of Microsoft Corp's top 20 investors for the CEO role.
Software & IT services
Cisco says it plans to buy Whiptail for USD 415 million
Cisco said it would acquire Whiptail for USD 415 million in cash. Global IT leader Cisco announced that it would be buying Whiptail for USD 415 million in cash.
Cisco to expand in security services market with new business unit
Cisco Systems, Inc has opened a new business unit called Services Security Practice to expand in the security business market with tech industry veteran Bryan Palma as the unit's general manager.
Twitter will acquire MoPub to sell ads on third-party apps, to launch IPO next year
According to a Forbes news magazine article, Twitter Inc.'s acquisition deal of mobile ad exchange startup MoPub implied that it would be readying itself for an IPO next year.
Clarabridge scores USD 80 million in new funds
Clarabridge raised USD 80 million in equity investments from its new partners. Customer experience management (CEM) provider Clarabridge scored USD 80 million in equity investments in its latest funding round.
Latest News
Livefyre announced that it had acquired Storify without disclosing the financial terms of the deal. Livefyre is a commenting platform used by TechCrunch and other websites.
Facebook Inc. launched a new service allow news organizations to display public posts that mentions any topic in real time.
Blackberry shares jumped slightly as rumors of a buyout offer from its biggest shareholder became news.
Mobile gadget news and reviews site GottaBeMobile reported that Apple Inc. would be releasing its newest iPhone security addition in its operating systems for its mobile gadgets that would lower mobile theft crime rates of newer iPhone models.
The much awaited IPO of cybersecurity firm FireEye would push through with a pegged price of between USD12 and USD14 per share.
Virident is purchased by Western Digital for USD685 million in cash. Western Digital Corp, the hard drive manufacturer, announced its pending purchase of Virident Systems Inc, a flash memory manufacturer for servers.
In a letter to shareholders on Monday, septuagenarian billionaire Carl Icahn said he would be giving up the fight against Michael Dell and Silver Lake Partners's buyout of Dell Inc.
CrowdStrike scored USD 30 million in its Series B round. CrowdStrike announced the closing of its Series B round with USD 30 million. The financing was led by Accel Partners.
Singapore is the listing index for Xyec Holdings instead of Japan. The first Japanese firm to debut exclusively in Singapore, Xyec Holdings Co, plans to expand its information technology expertise to Southeast Asia through local purchases and engagement of local talent.
