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Chinese Alibaba Could Redeem 20% Stake From Yahoo for $7 Billion
China’s Alibaba Group is close to an agreement with Yahoo to repurchase a stake of 20% of its shares from the U.S. company for $7 billion, Bloomberg announced on Sunday, based on information from a source familiar with the matter. The acquisition...
Apple Might Launch a Low-Cost MacBook Air
Apple seems to take seriously the competition coming from the ultrabook laptops and is preparing to extend the series of MacBook Air ultraportable laptops with a low-cost model, in a price range not exceeding $799. Ready to be launched around the shopping...
Google Brings 5GB Free of Cloud Storage, 100 GB Paid, About to Launch
There is news from Reuters today that is very interesting: it seems that Google could offer 100 GB of cloud storage with its GDrive service, which could be released today. The new service of the American technology giant focuses on storage content and...
IBM Has Invested $2 Billion in a New Generation of IT Systems
American company IBM, the largest IT service provider in the world, announced the launch of new computer systems – called “PureSystems” result of $2 billion investment over four years, which would simplify the IT departments of businesses. “The...
Nokia Announces New Restructuring Plans
Finnish group Nokia has reported a loss of 929 million euros for the first quarter, compared to a net profit of 344 million a year ago, as the negative result is strongly influenced by restructuring costs, including at the telecommunications equipment...
Facebook Buys TagTile, a Startup That Develops Applications for Smartphones
The giant social networking company Facebook takes over all assets and the entire team of developers of TagTile, a startup that developed software for mobile phones dedicated to customer management and loyalty programs for them, for an amount which remained...
Number of PCs Shipped Up in the First Quarter
The personal computers segment rose unexpectedly in the first quarter, after last year’s economic problems in Europe and parts supply deficit pulled the market down, writes Bloomberg. PC shipments rose 1.9%, to 89 million units, compared with analysts’...
Facebook Has Picked Nasdaq Over NYSE for Its IPO
Facebook Inc., which is preparing for what could be the largest initial public offering (IPO) in Silicon Valley, has chosen to list on Nasdaq stock exchange instead of New York Stock Exchange (NYSE), said on Thursday a source close to talks for Reuters....
LG Prepares a Wave of Flexible E-Readers
The era of flexible electronic newspapers is almost here: LG announced the start of mass production of a new generation of flexible displays, for use in devices such as e-readers. The first representative is a 6-inch screen that can display images at...