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Topics: United States

IBM bags Red Hat for $34 billion

IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks...

Facebook takedowns fake accounts linked with Iran

Facebook Inc has deleted accounts originating in Iran which featured posts on “politically divisive” topics that had attracted more than 1 million followers in...

Elon Musk says $20 Mn in fine, for a tweet worth it

Tesla Inc, Chief Executive Elon Musk said the tweet that cost him and the company $20 million in fines each by the U.S. Securities...

Facebook is secretly planning to acquire this cybersecurity firm

The year has not been too good for Facebook, especially because of the recent data breach which dealt the Facebook reputation in the market. According to...

Uber to Appeal Against the Fine Imposed Following the Grab Merger Deal

Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s...
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PayPal Makes Strategic Investment in the Fintech Startup Tala: Report

PayPal has made a strategic investment in Tala, a financial technology startup that lends to underserved consumers in emerging markets, the companies said on...

Facebook Faces Heat from Japanese Government on Grounds of Weak Data Protection Measures

Japan’s government on Monday told U.S. technology firm Facebook Inc (FB.O) to better protect its users’ personal data following lapses this year affecting tens...

Software Bug Delays Audi’s Electric SUV Launch

Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a spokesman for...

Apple CEO Tim Cook asks Bloomberg to Retract Spy Chip Story

Apple Inc CEO Tim Cook on Friday told an online news website that Bloomberg should retract a story that claimed Apple’s internal computer systems...

Dell Plans to take $21.7 billion Tracking Stock Offer to December Votes: Report

Dell Technologies Inc will ask holders of “tracking stock” tied to its software company VMware Inc to vote on its $21.7 billion cash-and-stock offer...
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Facebook’s Investigation Reveals that Spammers were Behind Recent Data Breach: WSJ

Facebook Inc (FB.O) has tentatively concluded that spammers looking to make money, and not a nation-state, were behind the largest-ever data theft at the...

YouTube Faces Global Outage Today

The Google-owned video streaming platform YouTube witnessed a worldwide outage today at around 7 AM IST. Users across the globe had reported numerous errors...

RIP Paul Allen, The Man behind billion dollars windows Empire

An incredible technologist, a hardcore sports enthusiast, a passionate musician, and above all a philanthropist, Paul Allen wore all those hats and yesterday when...

Microsoft Loses its Co-founder to Cancer

After fighting a long battle with non-Hodgkin’s lymphoma, Microsoft co-founder Paul Allen bid goodbye to the world on Monday. He was sixty-five and his...

GoZefo, the Online Marketplace for Refurbished Goods, Raises $3 Million in Funding

The Bangalore-based startup GoZefo, which is an online marketplace for refurbished products, has raised INR 21 Cr (approximately $3 million) in a fresh round...
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Orsted acquires Rhode Island offshore wind business for $510 million

On Monday, a Denmark based power company Orsted has announced "The acquisition of 100 percent equity stakes in the offshore wind business of U.S...

Enrizon: Investing in Your Future

“A bright engineering student came to us with an aspiration to study abroad. She had lost her parents a few years ago and was...

Trump Administration Considers Revising Safety Rules for Self-driven Cars

As per a document made public on Thursday, the Trump administration plans to revise the safety rules of self-driven cars that forbid such vehicle...

Tesla Caught up in Another Lawsuit for Labor Law Violation

In a series of lawsuits that have plagued the growth of the automotive giant, Tesla Motors finds itself caught up in another lawsuit over...

College Degree Not A Necessity Anymore for Job Hunt

With the economic boom in the recent years, the job market has opened up for everyone. Currently, it is not the playfield of ultra-educated,...
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Texas Woman Sues Facebook, Accused the Site of Enabling Sex Trade

A woman from Texas, claiming that she was raped, beaten, and sex trafficked at the age of 15 by a person that posed as...

People are furious over Walmart-Eloquii Acquisition Deal

The US-based retail giant Walmart announced on Tuesday that it is acquiring women's plus-size retailer Eloquii. This news has triggered a new wave of...

Upwork Intends to Go Public, Files IPO

The global freelancing platform Upwork has announced in an official statement that the company intends to go public. Catering mostly to freelance labor encircling...

James P. Allison and Tasuku Honjo Bag Nobel Prize in Medicine for Cancer Research

The Nobel Prize in Medicine this year has been jointly awarded to James P. Allison and Tasuku Honjo for their significant contribution to cancer...

Facebook Data Breach Might Render your Account Vulnerable

The social media giant Facebook announced that hackers have stolen digital login codes of nearly 50 million users in what can be described as...
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Trump Administration and California State Locked Horns Over Net Neutrality

The U.S. justice department filed a lawsuit on Sunday against California Governor soon after he signed a legislation to reinstate net neutrality in the...

Musk Agrees to resign as Tesla Chairman under SEC Settlement

Tesla chairman Elon Musk has agreed to step down as Chairman of the company and pay $20 million to financial regulators in a settlement...

US Government Seeks to Remove Roadblocks in 5G Deployment

Trump administration, in an official statement, promulgated that it is seeking to remove all the roadblocks associated with the deployment of 5G technology. With...

Stripe Inc. Is Now $20 Billion Company: Report

Reid Hoffman, the celebrity venture capitalist, has opined that his biggest investment is directed towards Stripe Inc. As each year passes by, it becomes...

Google CEO Sunder Pichai to Testify Before the U.S. House Judiciary Committee

As per sources, Google CEO Sunder Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican concerns that...
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