Software & IT services

BlackBerry would revamp its moneymaking operations and target MDM market to generate more income. The mobile device management market was said to be the next target of BlackBerry.

Facebook continued to be the primary social network used which accounted for its US$1.81 billion earnings from April to June.

The business model of the tech titan, Apple Inc., showed signs that it was already starting to fall apart.

The lack of immediate upgrades from Apple was said to be accountable for the decreasing demand for high-end smartphones.

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Google's ways of dealing with its problems could be the key for its stock prices to keep on increasing.

LCD panel maker, BOE Technology Group Co Ltd., expressed their plans to generate CNY46 billion through an initial public offering.

The Board of Directors of AlarmForce Industries has terminated Joel Matlin as its President and Chief Executive Officer.

Crossroads Systems stated that it has acquired a US$10 million credit deal from Fortress Investment Group and its affiliates.

Facebook shares rose as the company continues to see strong mobile ads earnings. Facebook posted strong stock results Wednesday. The internet giant's shares rose 19%.

Prolexic Technologies stated that it had secured US$30 million in its Series C funding round from new investors.

Collective stated that it had raised up to US$50 million from lenders and Cox Communications. Collective, a New York City-based advertising technology firm, announced that it had collected US$50 million in venture capital and debt.

Bullhorn announced that it has bought EASY Software Solutions, adding more width to their software programming business.

Addvocate stated that it has gathered US$2 million in its Series A round of funding with the support of various investors.

Google launched the second generation of Nexus 7 which was expected to surpass the success of the original version.