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Yahoo acquires BrightRoll for $640 million in cash
November 12th, 2014
Yahoo didn’t wait long to put to use its newfound riches from the Alibaba IPO. On Tuesday, it acquired video-advertising company BrightRoll for $640 million in cash. BrightRoll, based here, could help Yahoo CEO Marissa Mayer in her quest ...
Ireland Vies to Remain Silicon Valley’s Low-Tax Home Away From Home
November 10th, 2014
In a sprawling conference center on the outskirts of the Irish capital, more than 20,000 people from the global tech industry gathered last week to sign deals and swap contacts. Despite the throngs of start-ups, American heavy hitters like ...
Microsoft busts down $400B barrier
November 7th, 2014
Technology giant Microsoft (MSFT) Thursday surpassed $400 billion in market value, marking its return to the top tier of the most valuable companies in the world. Powered by news the company is making its popular Office suite of products more widely available on ...
Lenovo Second-Quarter Profit Climbs, but Shares Dip
November 6th, 2014
Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world’s biggest maker of personal computers (PCs) turning into a force in mobile devices. Lenovo’s earnings came at ...
$15 Billion in Pipeline Projects Coming to Appalachia in 2015
November 4th, 2014
The natural gas boom in the Marcellus Shale region of West Virginia, Ohio and Pennsylvania has resulted in $15 billion in proposed pipeline construction projects. The Atlantic Coast Pipeline, Rover Pipeline, Mountain Valley Pipeline and Leach XPress will distribute ...
Four More Years Of Pain For Petrobras
October 29th, 2014
Brazil’s incumbent President Dilma Rousseff pulled off a victory on Oct. 26 in a runoff election, and the markets are not too happy about it. As recently as September, President Rousseff was not seen as the preferred candidate. In ...
BitQuick’s New Campaign
October 29th, 2014
BitQuick is challenging USA and Europe to sell their bitcoins by using Bitquick.co. “We’re calling it the BitQuick challenge,” says Founder Jad Mubaslat. “We’re so confident users will come back, that we’re giving away $10 or 0.03 BTC, whichever ...
2 Drug Chains Disable Apple Pay, as a Rival Makes Plans
October 27th, 2014
A consortium of merchants plans to introduce a payment system next year that will supplant the use of credit and debit cards. Apple Pay, the Silicon Valley giant’s highly anticipated mobile wallet, has been available for only one week ...
Falling Coal Prices Wreaking Havoc With Corporate Balance Sheets
October 24th, 2014
The slide in oil prices has raised speculation that oil companies in the U.S. could be forced to cut back on production, but a market slump in another commodity is also putting pressure on producers. Coal markets are currently ...
Copyright claims against YouTube ‘unfair’, says co-founder
October 24th, 2014
The co-founder of YouTube, Chad Hurley, has said legal cases launched against the video-sharing website have been “unfair” and blamed traditional television broadcasters who are scared of losing their influence in the distribution of content. Multiple copyright cases have ...