HP CEO Meg Whitman: No More Cuts
HP Hewlett-Packard CEO Meg Whitman says there has been no significant change in her outlook for the company’s prospects for a turnaround, but the company must be run in a more efficient manner. To...
View ArticleApp Annie Buys Distimo, Raises $17 Million
Mobile analytics startup App Annie has acquired another analytics company, Distimo. App Annie tracks downloads, rankings and revenue of mobile apps and e-books, and will turn Distimo’s Dutch...
View ArticleTravis Kalanick: Uber Is Raising More Money to Fight Lyft and the “Asshole”...
Asa Mathat What’s ahead on Uber’s path? Raising unprecedented amounts of money to outspend competitors, hiring key political PR experts to throw dirt on the taxi industry, and eventually ditching...
View ArticleApple Will Buy Beats for $3 Billion
The Apple/Beats Electronics deal is now official, and Apple says it will spend up to $3 billion to buy the headphone maker and streaming music company. Why? Because Apple likes the businesses Beats...
View ArticleFacebook Acquires Mobile Data Plan Firm Pryte
Gil C / Shutterstock Facebook is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in underdeveloped parts of the world to use wireless Internet apps. Facebook did...
View ArticleKKR to Buy Internet Brands for $1.1 Billion
Stockyimages / Shutterstock Private equity firm KKR & Co LP said it would buy Internet Brands Inc, which operates CarsDirect and other websites, from private equity firms Hellman & Friedman...
View ArticleReport: Sprint Close on Terms to Buy T-Mobile
Sprint is closing in on an agreement to pay $40 a share to buy T-Mobile US, Bloomberg reported on Wednesday, drawing the two companies toward a deal to combine the country’s third- and fourth-largest...
View ArticleDropbox Buys Droptalk, a Small Messaging Startup
Continuing its acquisition spree, Dropbox has bought another productivity app, Droptalk, which helped people message each other and include files and links. Droptalk is now closed to new signups, but...
View ArticleGoogle Pays $500M for Satellite Maker Skybox, for Photos and Eventually...
Google said on Tuesday it had bought Skybox Imaging, a company that provides high-resolution photos using satellites, for $500 million in cash. Google explained the deal as such: “Their satellites...
View ArticleSingTel Spends Another $400 Million on Ad Tech, Buys Kontera and Adconion
ismagilov/Shutterstock Singapore Telecommunications, Singapore’s biggest mobile player, is making more moves into advertising: The telco is spending around $400 million to buy ad tech companies...
View ArticleSanDisk to Acquire Troubled Fusion-io for $1.2 Billion
NYSE Chipmaker SanDisk will purchase Utah-based Fusion-io for $1.1 billion, taking a big step into the business of supplying flash memory to enterprise data centers. The deal values Fusion-io at...
View ArticleCisco to Pay $175 Million for Sweden’s Tail-f Systems
Cisco Systems PR Networking giant Cisco Systems said today it will pay $175 million to buy Tail-f Systems, a privately held company based in Sweden that makes systems for managing networks. The deal...
View ArticleFab Completes Acquisition of European Furniture Company
Two weeks ago, Re/code reported that Fab was closing in on the acquisition of a Finland-based furniture company as part of its latest strategy shift. This morning, the e-commerce company confirmed it...
View ArticleHP Settles Autonomy Shareholder Lawsuits
bioraven/Shutterstock As we told you was likely last week, computing giant Hewlett-Packard has settled a series of shareholder derivative lawsuits stemming from its 2011 acquisition of the British...
View ArticleCrowdfunding Tool IgnitionDeck Buys Two Other Crowdfunding Tools
Shutterstock/Ideas_supermarket The biggest crowdfunding campaign of all time, for a still-in-the-works game called Star Citizen made by flight simulation geek hero Chris Roberts, has raised...
View ArticleServiceNow to Acquire Israel’s Neebula for $100 Million
ServiceNow ServiceNow, the cloud software company that helps other companies automate their corporate IT environments, will pay $100 million in cash to acquire Neebula, an Israeli startup. Neebula’s...
View ArticleSalesforce.com Acquires Startup RelateIQ
Salesforce.com has reached a deal to acquire RelateIQ, a Palo Alto, Calif.-based startup, according to a regulatory filing with the U.S. Securities and Exchange Commission. The deal values RelateIQ at...
View ArticleFormer Autonomy CFO Seeks Rejection of HP Settlement
bioraven/Shutterstock The former chief financial officer of the British software company Autonomy today moved to challenge a proposed settlement of a shareholder derivative lawsuit stemming from...
View ArticleKim Kardashian Game Maker Glu Mobile Beats Analyst Expectations
San Francisco-based Glu Mobile, the studio behind free-to-play games Kim Kardashian: Hollywood and Dino Hunter: Deadly Shores, beat Wall Street’s expectations in its second fiscal quarter. Analysts...
View ArticleSquare Confirms Acquisition of Food Delivery Company Caviar
Square confirmed this morning that it was acquiring Caviar, a San-Francisco based company that lets customers order delivery from popular restaurants that don’t typically offer delivery. “More than...
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