Companies

Google Acquires Meebo for $100 Million; Will It Give Facebook a Run for the Money?

Search engine giant Google Inc has acquired consumer internet company Meebo for about $100m with a aim to expand its social networking service Google Plus. Acquisition of Meebo may not enable Google Plus to give Facebook a run for its money but it will surely help in many ways.

Jun 5, 2012

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Google Acquires Quickoffice; Expected to Expand Mobile Space

Just on the heels of buying Meebo and Motorola Mobility Holdings, search engine giant Google has acquired Quickoffice, a leader in office productivity solutions.

Jun 6, 2012

Microsoft Looking at ₹ 55 Billion Acquisiton Deal With Yammer: Reports

Software titan Microsoft may soon acquire Yammer Inc., a business networking company, for an alleged sum of over $1 billion (INR ₹ 55 billion), said sources "familiar with the matter."

Jun 15, 2012

Rajat Gupta Convicted in Insider Trading Case; Who is Raj Rajaratnam?

Rajat Gupta, a former director of Goldman Sachs Group Inc, was convicted of conspiracy and securities fraud by a federal court jury in Manhattan on Friday.

Jun 16, 2012

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Apple Loses War to Proview; To Pay $60 mln to Settle Dispute

The dispute between Apple Inc and Proview Technology over iPad trademark in China has finally come to an end with the former agreeing to pay $60 million to the latter so that it continues to use iPad name for its tablet in the country.

Jul 2, 2012

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After Galaxy S3, Samsung Announces Its First 16-GB Server Modules

Just a few weeks after launching its flagship smartphone Galaxy S3, Samsung Electronics announced on Tuesday that it has begun sampling the industry's first 16-gigabyte (GB) double data rate-4 (DDR4), registered dual inline memory modules (RDIMMs), designed for use in enterprise server systems.

Jul 3, 2012

Apple Stops Samsung, Fails to Stop HTC

Just on the heels of managing to impose an injunction on the sales of its Galaxy Tab 10.1 tablet and Galaxy Nexus smartphone in the United States, Apple Inc has received a setback with a U.S. trade panel rejecting its request to ban import of some HTC smartphones to the country.

Jul 4, 2012

Galaxy S3 Catapults Samsung to $5.9 Billion Second Quarter Profit Despite Euro Crisis

Samsung Electronics reportedly posted a record profit of $5.9 billion for its second quarter results, despite the eurozone debt crisis causing less demand for the company's televisions and home appliances.

Jul 6, 2012

Google May Pay Largest Penalty Ever Levied Over Privacy Issue: WSJ

Internet giant Google Inc. is close to sealing a deal that would pay $22.5 million in settlement charges for bypassing the privacy settings of millions of Apple Inc. users, a Wall Street Journal (WSJ) report cited officials as saying.

Jul 10, 2012

World Bank to Offer ₹5.55 Billion for Bihar Rural Development Project

The World Bank, government of India, and the Bihar government on Monday signed an agreement for $100 million in additional funds for the ongoing development of rural development programme "Jeevika".

Jul 10, 2012

Facebook's 'App Centre' Now Available in India

Facebook Inc. on Monday rolled out its application centre to India and six other countries, in a move that will help users gain access to a host of services offered by the new tool.

Jul 11, 2012

Infosys Posts 33 Percent Profit for Q1; Cuts FY13 Outlook by 5 Percent

Software service provider Infosys posted on Thursday a lower-than-expected 33 percent rise in net profits for its first quarter of 2012-13.

Jul 12, 2012

Yahoo Hacked: Over 400,000 Passwords Leaked; Orders Probe Into Security Breach

Hackers have pushed Yahoo Inc into an embarrassing position by revealing usernames and passwords of over 400,000 of its users.

Jul 13, 2012

Tablet Market To Get Tougher; Apple Likely to Make Smaller and Cheaper iPad

Apple Inc, the undisputed king of the tablet world, seemed to have sensed danger following the release of tablets by other companies. Now, we hear that the electronic major is planning to come out with a smaller and cheaper iPad to face new challenges in the market.

Jul 16, 2012