Software & IT services
Source says Dell and buyout group nears deal
A source told Reuters that Dell's special committee and CEO Michael Dell's buyout consortium might finally be getting close to a deal.
Apple seeks Obama's reprieve on import ban for iPhone, iPad
Apple was seeking US president and trade representative's reprieve regarding the import ban for iPhone 4 and iPad 2 in the US.
Investments pour into Biotech Corp
Biotech Corp said that it has already passed its investment target for this year. Malaysian Biotechnology Corporation, one of the largest biotech firms in Southeast Asia, said that it will be expecting a total of RM3 billion worth of investments in the sector this year.
Executives see signs of turnaround as Sony report US$35 million earnings
The executives of Sony said that their electronics enterprise showed signs of rebound after posting US$35 million profit.
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Activision Blizzard Inc's CEO Bobby Kotick said that the video game publisher would conduct "business as usual."
Tidemark was able to raise US$13 million for its analytics services that were all cloud-based. On Thursday, Tidemark announced that it raised US$13 million for its analytics services that were cloud-based.
According to analysts, Gogo could ensure a smooth ride for investors as long as it develops its infrastructure for the travellers.
Analysts eased concerns about Qualcomm-Alcatel joint venture and said that the two companies would gain from the enterprise.
The second quarter earnings of LinkedIn impressed Wall Street which resulted to 7.5% increase in the company's shares' price.
Apple's newest acquisition hinted a step toward the possibility of wearable gadgets hitting the market soon.
Pebbles Interfaces stated that it had collected US$11 million in its second round of financing from both existing and new investors.
CEO of Socrative reveals that his company had collected US$750,000 in a seed funding round from investors including True Ventures, NewSchools Venture Fund, Eileen Rudden and Jean Hammond.
Microsoft expressed its concern regarding the "Spying on Kiwis" Bill during a committee meet last Thursday.
Apple Inc acquires communication chip developer, Passif Semiconductor Corp. Apple Inc announced the acquisition of Passif Semiconductor Corp, a developer for communication chip.