Welcome Guest | Sign In
LinuxInsider.com
Kobe Bryant Pours Energy - and Money - Into Tech
August 24, 2016
Kobe Bryant, the retired Los Angeles Lakers basketball champion, has expanded his burgeoning suite of business interests with Monday's launch of Bryant Stibel, a $100 million venture capital fund for technology, data and media companies. Jeff Stibel, the vice chairman of Dun & Bradstreet, is Bryant's long-time business partner. Bryant and Stibel plan to self-fund the new firm for several years.
Apple Buys Healthcare 'Magic Machine'
August 24, 2016
Apple has purchased medical records startup Gliimpse in order to broaden its presence in the personal healthcare information management market. Apple reportedly confirmed that the purchase took place earlier this year. Apple in recent years has delved into healthcare with offerings such as HealthKit, CareKit and ResearchKit. The Gliimpse acquisition is seen as an extension of those efforts.
Lights Out for Gawker.com
August 19, 2016
Gawker Media owner Nick Denton has revealed that Gizmodo, Lifehacker, Kotaku, Jalopnik, Jezebel and Deadspin will continue with their current writers and other staff members following the company's sale to Univision, but that neither he nor Gawker.com will be included in the transition. The Gawker sites will be joining The Onion, ClickHole and other Web properties in Fusion Media Group.
Cisco Delivers Good News, Bad News: Solid Earnings, Job Cuts
August 18, 2016
Cisco Systems will cut up to 5,500 employees from its 73,000-strong global workforce, the company announced Wednesday as part of its Q4 earnings report. The restructuring will allow further investment in key priority areas such as security, the Internet of Things, collaboration, next-generation data center and cloud, the company said, along with optimization of costs in lower-growth areas.
Salesforce Reels BeyondCore Into Its Cloud
August 17, 2016
Salesforce has inked an agreement to acquire BeyondCore, a data analytics firm that already has integrated its latest release with Salesforce, the companies said Monday. BeyondCore will become part of the Salesforce Analytics Cloud, extending smart data discovery and advanced analytics capabilities across the entire Salesforce Customer Success Platform, said BeyondCore CEO Arijit Sengupta.
Intel Snaps Up Nervana to Jump-Start AI
August 16, 2016
Intel last week announced the acquisition of startup Nervana, in a bid to enhance the company's capabilities in artificial intelligence and deep learning. Nervana jumped out of the gate at its 2014 launch with a robust platform for deep learning, a framework called "Nervana Neon," and the Nervana Engine -- a groundbreaking ASIC chip scheduled for introduction by the first quarter of 2017.
Microsoft to Add Beam's Live-Streaming Skills to Xbox
August 16, 2016
Microsoft last week announced a deal to acquire live-streaming startup Beam. It plans to use Beam's interactive technology to enhance the Xbox Live experience. Beam, which was the winner of Techcrunch Disrupt earlier this year, has attracted a number of top investors, including Techstars, Courtside Ventures and Ore Ventures. The deal is designed to help make Xbox Live more social and fun.
Tim Cook Devotes a Lot of Words to Saying Very Little
August 16, 2016
Tim Cook talked about his five years at the helm of Apple in a wide-ranging interview published Saturday. Apple fans looking for juicy morsels about new products won't find them in the Q & A, however. Among other things, Cook discounted the bleak claims of those analysts who maintain the smartphone market is in decline -- and Apple's fortunes with it.
Huffington Leaves Post to Focus on Health Startup
August 13, 2016
Arianna Huffington on Thursday announced she would leave her position as editor-in-chief of the eponymous publication she cofounded 11 years ago to focus on her latest project -- Thrive Global, a lifestyle, health and wellness site. The reasons for her exit from The Huffington Post may be more complicated than that, however.
Russian Regulators Scoop Apple Into Price-Fixing Probe
August 12, 2016
A Russian regulatory authority earlier this week named Apple, along with more than a dozen Russian retailers, as a target for an investigation into price-fixing activities. The Federal Antimonopoly Service, or FAS, has seen signs of price-setting coordination among iPhone resellers in Russia, according to a notice published on the agency's website.
Is This the Beginning of the End for the Set-Top Box?
August 12, 2016
C Spire started out as a privately owned wireless competitor in Mississippi. Since then, it has expanded in several directions. Its focus last year was on installing high-speed Internet in a few Mississippi cities. Now it is partnering with MobiTV to offer a new television service for the home. The service will not use the set-top boxes common with cable TV.
GV's Bill Maris Passes Torch to Krane
August 11, 2016
GV founder Bill Maris on Wednesday announced that he was departing the company after an eight-year tenure, and that his replacement would be David Krane, a managing partner and one of his chief deputies at the Alphabet-owned venture capital firm. Krane is a 17-year Google veteran. Maris reportedly wanted to spend more time with his wife and 11-month-old son.
Time Warner Cable Really Doesn't Like Me
August 9, 2016
After surviving well over a year as a cord-cutter, I recently returned to the cable fold -- and after less than a month, I'm having major regrets. The problem isn't with the service itself or even with the pricing. The problem is with the lies. I wasn't entirely happy with my cord-cutting solution, but I wasn't eager to go back to a high-priced cable service either.
Walmart Pursues Amazon at Jet Speed
August 8, 2016
Walmart on Monday announced that it plans to acquire Jet.com, paying $3 billion in cash and another $300 million worth of Walmart shares. With the acquisition, "Walmart.com will grow faster, the seamless shopping experience we're pursuing will happen quicker, and w''ll enable the Jet brand to be even more successful in a shorter period of time," McMillion said.
Gawker Founder Sets Personal Bankruptcy Wheels in Motion
August 5, 2016
Gawker founder Nick Denton earlier this week said that he filed for personal bankruptcy protection after exhausting his appeals to stave off collection of damages resulting from a defamation and invasion of privacy lawsuit brought by professional wrestling icon Hulk Hogan. The filing followed a Florida court's rejection of Denton's appeal to block Hogan from collecting a $140 million jury award.
Apple Might Need to Think Different About TV
August 5, 2016
Apple's tough negotiating stance apparently has hobbled its efforts to bring entertainment industry companies on board with its planned streaming TV service. Talks with Disney, 21st Century Fox and CBS reportedly have fallen through. Had the entertainment and cable TV industry given in, Apple's demands would have turned current practices topsy-turvy.
The Maturation of the Cloud ERP Market
August 5, 2016
Oracle's acquisition of NetSuite is a clear indication that the rapid adoption of cloud alternatives to traditional on-premises applications is shifting from front-office customer relationship management to back-office enterprise resource planning solutions. Now, the question will be whether Oracle can buy its way into a leadership position in this emerging marketplace.
Nintendo Investors' Futile Hunt for Pokémon Go Profits
August 4, 2016
Nintendo investors who thought they would score big returns after the successful launch of Pokémon Go found that actual profits were more elusive than the colorful characters. Nintendo last week made it painfully clear that The Pokémon Co. and Niantic were far better positioned than it was to reap financial rewards. Much of that revenue potential lies in a wealth of in-app purchases.
Time Warner Bets Heavily on Hulu
August 4, 2016
Time Warner on Wednesday announced it has entered an agreement to buy a 10 percent stake in online-streaming service Hulu, in a bid to leverage its lineup of television and film content on multiple viewing platforms. With the new investment, Time Warner will join a joint venture that includes some of the nation's largest media companies, including The Walt Disney Co., 21st Century Fox and Comcast.
Uber's China Strategy Shifts Into Reverse
August 3, 2016
Didi Chuxing on Monday announced a historic deal to acquire the Chinese ride-sharing operations of rival Uber, which threw in the towel after years of unsuccessful efforts to grow its business in what may prove to be the world's most challenging technology market. Under the agreement, Didi Chuxing acquired all of Uber China's assets, including its brand, data and business operations.
Salesforce Gets a Grip on Quip
August 2, 2016
Salesforce has agreed to acquire Quip, Quip CEO Bret Taylor and Head of Product Kevin Gibbs announced Monday. Quip lets users manage live documents throughout the collaboration process. The deal is worth about $582 million, according to a Salesforce filing with the U.S. Securities and Exchange Commission. Quip provides a chat feature that's built into every document and spreadsheet.
UK Greenlights Amazon's Drone Delivery Tests
August 2, 2016
Amazon, which has appealed to U.S. regulators for years for permission to test package delivery with aerial drones, last week announced a new partnership with the UK government to launch a pilot program there. A cross-government team, supported by the UK Civil Aviation Authority, has granted Amazon permission to begin testing three critical performance factors.
SolarCity Deal Would Take Tesla Where No Company Has Gone Before
August 1, 2016
Tesla Motors has announced that it has reached an agreement to purchase SolarCity. The deal could create the world's first vertically integrated sustainable energy company. The merger would drive efforts to develop rooftop solar systems, and better storage batteries for homes and businesses, as well as electric vehicles. It would, in essence, tie together Elon Musk's sustainable energy businesses.
Fixing Apple's Problem
August 1, 2016
Apple last week reported earnings, and with the exception of a strong showing from the iPad Pro, the key financial metrics were all down -- and for the third quarter running. So what's wrong with Apple? The company had been growing alarmingly well until last year, but growth suddenly has become elusive. It isn't going out of business, but it also isn't the performance king anymore.
Why 1 Billion iPhones Sold Matters
August 1, 2016
Sales of the iPhone for the current quarter may be down, but sales for the decade are up, way up. Apple last week announced that it had sold its billionth iPhone, a historic feat for a consumer electronics product from a single vendor. "We never set out to make the most, but we've always set out to make the best products that make a difference," said Apple CEO Tim Cook.
Clinton Campaign Latest Target of Hackers Linked to Russia
July 30, 2016
The campaign of Democratic presidential nominee Hillary Clinton is the latest possible victim of a series of hack attacks some cybersecurity experts have linked to the Russian government. Campaign officials reportedly acknowledged that an analytics program it uses, which is maintained by the DNC, was accessed in a breach discovered earlier this month.
Oracle Hauls In NetSuite
July 28, 2016
Oracle has inked an agreement to acquire NetSuite -- the company its former chief marketing officer, Zach Nelson, cofounded in 1998 -- for $9.3 billion. NetSuite offers various software packages as cloud-based services, including ERP, accounting, CRM and sales force automation. What's surprising about the deal is "why it took so long and why Oracle paid so much," said analyst Trip Chowdhry.
Apple Earnings Sag on Lower iPhone Price Points
July 28, 2016
Apple on Tuesday reported lower earnings in the third-quarter as the global saturation of smartphones continued to put pressure on its core iPhone business. However, officials remained upbeat. The company reported stronger-than-expected metrics and has been able to grow its software and services business while expanding into key overseas markets. Apple reported net income of $7.8 billion.
Nintendo's Q1 Reflects Struggles Unrelated to Pokemon Go Success
July 27, 2016
Nintendo shares fell sharply in Tokyo on Wednesday, following its release of a first-quarter earnings report that disappointed analyst expectations. The company reported a drop of 31 percent in net sales and an operating loss of about $48 million, which it attributed to growing strength in the Japanese yen but which likely had more to do with dismal sales of the Wii U, which it is phasing out.
Aquila Test Flight Carries Facebook's Internet Ambitions Aloft
July 26, 2016
Facebook has carried out the first full-scale test flight of Aquila, a high-altitude solar-powered unmanned aircraft designed to provide Internet access to remote regions. The company had flown a one-fifth scale version of the airplane for several months. The full-sized craft has the wingspan of a Boeing 737 -- 46 yards -- but reportedly weighs less than 900 pounds fully laden.
See More Articles in Business Section >>
Facebook Twitter LinkedIn Google+ RSS
How do you feel about technology and security?
Very insecure -- I would gladly pay extra for better security.
Very insecure -- I'm using technology less as a result.
Very insecure -- but I'm willing to make the trade-off.
Secure enough -- I take reasonable precautions.
Secure enough -- I'm not a likely target.
Very secure -- I trust tech companies to protect me.