PayPal sees 514 percent increase of mobile payments on Cyber Monday

Maybe “cha-ching” should be “ra-ring,” as PayPal had a 514 percent increase in mobile payments this Cyber Monday from last year.

Just as people adapted to purchasing online, now they are becoming more accustomed to buying through their smartphones. PayPal …

Charlie Walton, inventor of RFID, passes away at 89

Charlie Walton, the inventor of an ubiquitous wireless technology known as RFID, has passed away at 89.

Walton, who lived in Los Gatos, died on Nov. 6, according to his wife Ann Walton. I once wrote an article about Walton …

Warren Buffett has taken an $11 billion stake in IBM

Billionaire Warren Buffett’s Berkshire Hathaway now has a stake in IBM worth $11 billion, making it the largest single stakeholder in the company.  With fully 5.5 percent of the all common shares, Buffett, who is the president, chairman and chief …

The female tech CEO: rising trend or exception to the rule? (video)

This week, IBM named its first-ever female CEO, Virginia Rometty.

In an industry that historically lacks gender balance, this move struck the VentureBeat staffers, including publisher Alicia Saribalis, as momentous.

But in reflecting on the events of the day, we …

Samsung: We want enterprises to think of us like they do IBM

Samsung is best known for its consumer-focused products, but the company is beginning to take enterprise more seriously and wants to gain recognition from the business community.

“We want businesses to think about us like they think about IBM,” Ken …

Why HP needs to merge with SAP

HP has had to face tough realities this week. Fortunately, there is a way for it to survive: Embrace the inevitable trend favoring “vertical” companies.

In the first part of the 2000s, IBM and HP went in two vastly different …

Week in review: Meet IBM’s first chip modeled on the human brain

Here’s our roundup of the week’s top tech business news. First, the most popular stories VentureBeat published in the last seven days:

IBM produces first working chips modeled on the human brain — IBM has been shipping computers for more …