Chinese e-commerce giant Alibaba Group is raising more than $8 billion in a new round of funding, the majority of which will be used to buy back half of its shares from Yahoo, the New York Times reports.
The deal …
Despite being out just four days, Apple’s OS X 10.8 Mountain Lion operating system is already breaking records.
The operating system has topped 3 million App Store downloads since last week’s launch, Apple announced today. This makes it the most …
There’s a war brewing. Apple and Samsung are selling half of all smartphones and the two technology giants will increasingly fight for the remaining turf, IDC researchers said Friday. Overall, the smartphone market grew just 42.1 percent in the second …
Does this Microsoft patent make my Android smartphone look fat? That’s the question Motorola Mobility is asking today after yet another German court ruled its mobile phones were infringing patents owned by the software giant. The decision by the Mannheim …
If you felt a little woozy after your latest gadget spending spree, you might want to sit down for this number: $2.1 trillion. That’s how much consumers worldwide are expected to spend this year on tech toys and services, according …
Look at your Firefox browser on your laptop or phone. It’s likely been tweaked-out with the perfect pallete of colors and acts just the way you want. Since those add-ons became available in 2004, more than 3 billion have been …
Google has been tight-lipped on the reasons for its acquisition of handset maker Motorola, other than the buyout would “supercharge Android.” However, the Internet giant apparently had more plans than to load up on patents.
Motorola’s intellectual property comprised less …
Neither Apple nor Samsung can agree on what their rival’s patents are worth. That was the outcome of a last-minute court-ordered discussion chief executive Tim Cook and his Korean counterpart held last week, Reuters reported this morning.
Just days from …
Apple won a split-decision in a German court against Samsung’s Galaxy tablets. The Dusseldorf Higher Regional Court banned Samsung’s smaller Galaxy Tab 7.7 in all EU countries, but the iPad maker lost an appeal to block sales of the Korean …
API-management startup Mashery announced $10 million in new funding today to expand its part in what it calls the “post-website era.” The firm’s API Management platform is now used by Fortune 100 companies such as ABC News, ESPN, and Cisco.…
In the apparently never-ending back-and-forth courtroom battle between Apple and Samsung, the South Korean electronics firm told an Australian judge Monday that the Cupertino, Calif. iPad maker “refused to negotiate” about licensing 3G-related patents.
Instead, Apple sued the Galaxy tablet …
A Lenovo chief executive helped the image of fat cat CEOs everywhere Thursday. Yang Yuanqing (second from the left, above) CEO of the China-based PC maker took $3 million he received above his normal bonus and distributed it to 10,000 …
Verizon Wireless posted encouraging second quarter numbers, bolstered by increased revenue from smartphone sales and the shift from copper to fiber optics’ FiOS for wireline and Internet customers. The No. 1 U.S. mobile carrier announced Thursday a $1.83 billion quarterly …
Electronics manufacturer Foxconn, which has gained notoriety as Apple’s key manufacturing partner for mobile devices, is in talks to open a $1 billion facility in Indonesia.
The aim: making “good quality products and make them available in the markets at …
Software giant Microsoft told EU regulators today a “technical error” prevented a mandated browser-choice option being part of its just-updated Windows 7 operating system. The company apologized to the European Commission and said it would offer the browser choice option …
Sharing your likes and dislikes about movies has always been popular online. Now Internet veteran IMDb is making it easier, announcing updated iOS and Android apps that makes sharing your big-screen tastes with Twitter and Facebook. The company also announced …
It seems every tablet manufacturer is magnetically drawn to smart covers these days.
Google’s Nexus 7 device apparently has magnetic sensors that are suited to such an add-on, one curious owner recently discovered (see video embedded below). The sensors are …
Add jet-setting executives to the list of things hard-hit Research in Motion can’t get off the ground.
The mobile company, beset by problems, — including a stock that’s dived 95 percent in the past four years — is now looking …
AlienVault, based in California and Madrid, announced $22.4 million in new funding will go toward bringing open-source security to government, enterprise and education.
The funding coincidentally closed on July 5 — the same day a big Internet security threat loomed …
Samsung Electronics Friday announced record quarterly profits of $5.9 billion for the April-June period, the figure largely fueled by rapid sales of the Galaxy series of smartphones.
“Our smartphones are flying off the shelves,” one unnamed company executive told Reuters. …
