Nokia Siemens Sells Off Optical Networks Business

Nokia Siemens Networks and Marlin Equity Partners have reached an agreement for Nokia Siemens Networks to sell its Optical Networks business unit to Marlin Equity Partners. Rajeev Suri (CEO, Nokia Siemens Networks): Our...

HP Launches Its First Full Color Inkjet Web Press

HP demonstrated its first full-color HP Inkjet Web Press. This press operates at a speed of 244 meters (800 feet) per minute, 33 percent faster than existing models, says HP. HP has also signed...

Thinfilm Unveils Printed Electronic System With Rewritable Memory

Thinfilm demonstrated a proof-of-concept prototype of an integrated printed electronic tag based on rewritable memory. The printed electronic label, consisting of printed memory, sensor and logic, detects that critical temperature thresholds have...

XebiaLabs raises $100 million

Enterprise DevOps and continuous delivery software  company XebiaLabs has raised $100 million in a Series B round.

Google Launches Monthly Subscription Music Service

Google gets into the music business, with the launch of a music service over the cloud. The service, with a rather elaborate name - Google Play Music All Access, is a monthly music...

AT&T Can Buy $1.9 Billion Of Spectrum From Qualcomm

  By Adam E. John AT&T has received all required regulatory approvals for its acquisition of spectrum from Qualcomm. AT&T is purchasing 700 MHz spectrum licenses covering more than 300 million people for...

InfluxData Raises $35 million

InfluxData, a San Francisco-based company that provides database monitoring and analytics, has closed a $35 million Series C round of funding.

Elance, ODesk Sign Merger Agreement

Online work marketplaces oDesk and Elance have signed a definitive agreement to merge with each other. The two entities will continue to retain their individual brand identities. Elance chief executive officer Fabio...

Google Reports Fourth Quarter And Fiscal Year 2013 Results

Google reported financial results for the quarter and fiscal year ended December 31, 2013. Larry Page (CEO, Google): We made great progress across a wide range of product improvements and business goals....

Tech Giants Deny NSA Tapping For Prism

As news of the National Security Agency's (NSA) spying program Prism started doing the rounds, companies named in the media reports have denied involvement. What the tech behemoths unanimously seem to be...

IBM Completes Vivisimo Acquisition

IBM has completed the acquisition of Vivisimo. With the closing, approximately 120 Vivisimo employees will join IBM's Software Group. IBM will incorporate Vivisimo technology into its big data platform and sell Vivisimo...

Square Acquires BookFresh

Payments company Square has acquired BookFresh for an undisclosed sum. BookFresh is the company behind the eponymous scheduling software used for appointment management for small businesses. The two products will operate separately for the time being.

Rhapsody Lays Off 15 Per Cent, Restructuring Company

Columbus Nova Technology Partners, an investment firm, has become a significant shareholder in on demand music service Rhapsody. Concurrent with CNTP's investment, Rhapsody is restructuring the company's US operations, affecting approximately15...

Henrique De Castro Named Yahoo COO

Henrique de Castro has been hired as chief operating officer (COO). Reporting directly to Yahoo CEO Marissa Mayer, Mr. De Castro will be responsible for strategic and operational management of Yahoo's...

Circle Raises $17M

Circle Internet Financial, a digital currency company, has closed $17 million in Series B financing, bringing its total raise to date to $26 million. Breyer Capital, Accel Partners, and General Catalyst...