MetrixLab subsidiary MarketTools has acquired RawData. MetrixLab subsidiary MarketTools has bought RawData. MetrixLab provides online consumer research services to clients around the world while RawData is engaged in mobile research solutions.
Software & IT services
China-based Hanergy acquires US solar panel maker Global Solar
Hanergy Holding Group Ltd. acquires Global Solar Energy Inc. in its bid to strengthen its solar panel production technology.
Crossroads gets US $10 mln line of credit from Fortress
Crossroads Systems Inc. gets US $10 million credit from Fortress Investment Group. An affiliate of Fortress Investment Group agreed to extend a US$10 million credit to Crossroads Systems Inc.
Facebook surpasses expectations, gains big
Facebook traded above USD 30 on Thursday for the first time in five months. For the first time in five months, Marc Zuckerberg's brainchild, Facebook Inc.
Google's two-pronged strategy: Chromecast and Google TV
It seemed that Google has a two-pronged strategy in mind involving the Chromecast and Google TV. Through the release of Chromecast, it seemed that Google may have finally found a "surefire way to get the Internet on your TV".
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Authorities from Russia probed Google for possible tax evasion and privacy regulations. The Russian government initiated an investigation on the local unit of the world's most popular search engine, Google.
Analysts predict that the most logical move for investors at the moment would be to sell their shares in Microsoft and buy Apple instead.
Google wanted a piece of the pie from ads and Chromecast could be the way to do so. Chromecast, a US$35 device for streaming video and other digital content from a mobile device, could be the bait to get the big fish Google has long sought.
Juniper Networks' CEO and former Microsoft executive Kevin Johnson announced his retirement. Juniper Networks Inc. announced today that its chief executive officer, Kevin Johnson, will retire from his post after a new replacement is named.
An adult content app developer argued that there are no rules regarding users uploading adult content using the Google Glass.
Mobile advertisements amounted 41% of the company's total ad earnings. Yesterday's results ended concerns regarding Facebook's inability to adapt with users' usage of mobile devices rather than personal computers.
Prolexic Technologies raises US $30 million in series C financing led by new investors. Prolexic Technologies, a specialist in Distributed Denial of Service (DDoS) protection, raised US $30 million in series C funding led by Trident Capital and Intel Capital.
Microsoft partnered with the Hong Kong Education Bureau to launch a three year free Office 365 program in the city.
Electronic Arts Inc. stated that US$90 million of the company's overall revenue of US$103 million came from developing games for tech titans like Apple.
