Hewlett-Packard is having quite a day.
Big companies go through a particular life cycle when it comes to expansion and vertical integration: They spend a lot of time growing businesses and then acquiring new ones. Hewlett-Packard did this when it acquired Compaq in 2001 under then-CEO Carly Fiorina.
When HP says it’s exiting its hardware business, you’d best believe. The company confirmed today that in addition to spinning off its PC hardware business, it’s also killing its webOS devices, including the TouchPad tablet, as well as the Pre and Pixi phones.
Google may launch its third Nexus flagship Android phone, which is rumored to be called the Nexus Prime, earlier than expected this October, according to a report by the Korean site Electronic Times.
Note taking service Evernote has acquired best-selling OS X image app Skitch, Evernote CEO Phil Libin said today at the Evernote Trunk event in San Francisco.
HP will buy UK-based enterprise software company Autonomy for $10.3 billion, the company announced during today’s quarterly earnings call.
The Sims Social, a social gaming version of Electronic Arts’ incredibly popular life simulation franchise The Sims, is now live on Facebook.
What happens when you cross the DEMO conference with Startup Weekend and the Startup America Partnership? You get MEGA Startup Weekend, taking place on Microsoft’s Mountain View Campus, September 9th-11th.
GoodData, a provider of online business intelligence software, announced today that it has raised $15 million in its second round of funding.
Hundreds of thousands of apps populate the Android Market, but only a tiny percentage of them account for the vast majority of users’ in-app time.
Technology stocks on Thursday fell sharply and have remained down in mid-day trading as the entire market shuddered on poor economic news.
At a recent rock festival in San Francisco’s Golden Gate Park, I ran into some American Express representatives promoting Serve, its new mobile payments product.
Sponsored Post (The King of Code contest is sponsored by Windows Phone and is open to developers on any mobile platform.)
The release of Apple’s iPhone 4 on Verizon in February helped to seriously erode the carrier’s Android market share, market research firm Chitika revealed in a report yesterday.
Motorola Mobility and CEO Sanjay Jha have been sued this week by a shareholder who asserts Motorola didn’t get the best possible deal when it agreed to be purchased by Google, according to Bloomberg.
Guest Post Every morning, somewhere between 4 and 6 a.m., my inbox is assaulted by daily deal emails. This morning I fought back, feeling a sense of accomplishment as I deleted my last offer: 50 percent off a Brazilian Wax. Sound familiar? Groupon, the inventor of daily deals, has become one of the fastest growing companies in the history of the world. Much to its chagrin, Groupon seems to have created one of the fastest growing, most competitive industries in the world: 581 daily deal copycats now compete for your inbox.
Amazon announced today that its Instant Video selection now offers customers more than 100,000 movies and TV shows available for purchase or rental on an à la carte basis (ranging from $0.99 to $14.99 on average).
Guest Post (Editor’s note: Stuart Wall is co-founder and CEO of Signpost. He submitted this story to VentureBeat.)
And the patent wars continue. Apple, Nokia, and Qualcomm are among many companies eying wireless telecom specialist InterDigital, holder of a major patent portfolio, Reuters reports.
IBM has been shipping computers for more than 65 years, and it is finally on the verge of creating a true electronic brain.
Physical address management service Updater will leave beta status at the end of this week and start full-scale operations, including a full marketing push, next Monday.
General Motors today unveiled its first luxury extended-range electric vehicle, the Cadillac ELR Coupe. It’s the company’s second extended-range electric car and the third extended-range car unveiled in the past 30 days.
Investing in biofuel companies that produce oil-alternatives fell 5.4 percent to $930 million in 2010, down from $980 invested in alternative fuel companies in 2009, according to a report from cleantech analysis firm Lux Research.
George Weiss is 84, and he just may be the eldest mobile application inventor in America. His app is called Dabble – The Fast Thinking Word Game, and it is now available for iPhone, iPod touch and iPad.
Search engine marketing software company Acquisio is an SEM agency’s best friend. The company raised $12.1 million in a second round of funding yesterday led by Canadian venture capital firm Tandem Expansion.
A new report shows startup valuations increasing at pre-2008 levels — but can these soaring numbers weather the recent market instability?
Netflix will expand its streaming video service into Spain starting January 2012, according to a report by ScreenDaily.
Guest Post (Editor’s note: Lisa Joy Rosner is the CMO of NetBase. She submitted this column to VentureBeat.)
Guest Post There’s a significant shift happening where more and more marketers are expanding from targeting Facebook Fans to reaching the people those fans are socially connected to. This change was validated by a recent ComScore report, which is being accelerated by a confluence of factors.
Displays for e-book readers are in such high demand that its tripling every year, according to E Ink Holdings chief marketing officer Sriram Peruvemba.
Game maker Zynga is being taken to court over patents that cover some fundamental aspects of social gaming: credits and prize redemption.
VentureBeat has added to our editorial team yet again with the hire of tech journalist Heather Kelly. We are very excited to have her on board.
It probably doesn’t hurt to have a company name synonymous with “cash” when appealing to investors. It certainly hasn’t hurt Kabbage, which raised $17 million today.
Leaked photos of the new Motorola Droid HD smartphone appeared alongside the much-delayed Droid Bionic on technology blog Engadget today.
StumbleUpon debuted a new “Explore Box” feature today that lets you find community-endorsed content when typing in a specific word or search term.
Flight search startup Hipmunk could be profitable if it wanted to be — but it’s more interested in growing as quickly as possible.