Software & IT services

New startups entice supersized early-stage funding

According to investors, startups that could generate revenue would keep on growing since venture capitalists are attracted with their capabilities.


KPN foundation questions Slim's intentions

An independent foundation of KPN questioned billionaire Carlos Slim's motive for bidding for the remaining shares of the Dutch firm that he does not already own.

Facebook reveals daily UK, US user data for advertisers

Facebook revealed the number of daily users from the US and UK to attract advertisers in spending more money in the social network.

Possible BlackBerry buyout rests in Watsa: Reuters

Billionaire Prem Watsa could be the key to any successful Blackberry deal. As beleaguered smartphone maker Blackberry Ltd begins to contemplate a sale of its holdings, Reuters reported that the success of any deal would rest in the hands of Prem Watsa.


Latest News

Arno Lenior, Samsung Australia's chief marketing officer, said Apple-mocking ad campaigns has worked wonders for Samsung.
Millennial Media Inc is to purchase Jumptap Inc for around USD225 million in stock. Millennial Media Inc agreed to purchase Jumptap Inc for around USD225 million in stock.
Verizon Foundation teamed up with UC San Diego for the treatment of tuberculosis, while Cisco launched MR34 to aid the growing demand for infrastructure.
Marco Argenti, head of developer relations in Nokia, announced that he left Nokia for a job at Amazon's Web Service Business.
Brocade Communications Systems Inc beat analysts' estimates with its third quarter earnings report as demand for storage products rise.
Iron Capital's analyst, Eric Jackson, said BlackBerry would continue to slump even with the reported strategic alternatives for the company.
According to lawyers and analysts, Samsung could not make the arguments on public policy grounds that Apple used to sway the Obama administration.
Sheryl Sandberg sold around USD91 million worth of shares in the social networking site after Facebook topped its initial public offering price for the first time since May last year.
Sources said that BlackBerry started looking for potential buyers since 2012 when it hired JPMorgan Chase & Co. and RBC Capital Markets to manage the search.
BlackBerry's board members opted to go on sale after the company's market value plunged to only USD5.1 billion from USD83 billion in 2008.
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