Phones 4u founder John Caudwell has blamed the “extremely callous” mobile networks for the unpredictable demise of the UK mobile phone retailer, leaving over 5,596 jobs at more than 700 outlets under…
Category: Business
Microsoft finally bags Mojang for £1.5 billion
Microsoft on Monday announced it has acquired Minecraft developer studio Mojang for a whopping £1.5 billion ($2.5 billion). “At Microsoft, we believe in the power of content to unite people. Minecraft adds…
Roku hits 10 million sales mark in US
Roku on Monday announced it has successfully sold a whopping 10 million video streaming devices in the US alone. The company, which introduced its first product in May 2008, claims users have…
Phones4U goes into administration post EE’s backout
Mobile retailer Phones4U on Sunday announced it has plunged into administration after its key mobile supplier EE notified it would no longer continue business relationship with the UK retailer. The contract in…
UK Telecom giants warns of rising costs in wake of Scotland’s independence
“What approach would the government of an independent Scotland take to the radio spectrum – currently licensed on a UK-wide basis – without which mobile networks cannot operate?”
Oracle scoops up media storage startup Front Porch Digital
The deal would provide Oracle access to Front Porch Digital’s DIVASolutions content storage management system, a media migration technology called Samma, and Lynx cloud-based content management.
Square rejected Apple’s $3 billion takeover bid
Square walked away from the negotiation at Apple’s $3 billion valuation, say a report on TechCrunch.
Microsoft-Mojang deal could be announced as early as today, new report claims
Latest report claims that the deal could be sealed for as high $2.5 billion.
HP looking for buyers for Snapfish service?
Details from the anonymous source about the Snapfish deal are scarce, while HP, however, refused to comment on the report!
EMC: VMware not for sale; ‘no truth’ in contrary media reports
According to the sources, the report about VMware sales are “not accurate at all.”
HP to conclude $100M deal to bag Eucalyptus Software
HP: We’ve said before that we believe the future of the Cloud is open source, and this transaction underscores our deep commitment to helping customers build enterprise-class, open clouds their way.
Huawei admits on-going internal anti-bribery investigation, but claims it to be routine
Huawei: Where evidence is presented that any of our employees has failed to meet those standards, we take appropriate action.
BlackBerry bags Movirtu to boost its BYOD and COPE features
BlackBerry: The acquisition of Movirtu complements our core strategy of providing additional value added services, and it will leverage our key assets, including our BES platform, along with our existing global infrastructure which is connected to a large number of mobile operators around the world.
Google scoops up social polling startup Polar
Dave Besbris, VP of engineering for Google+: I’m thrilled to welcome +Luke Wroblewski and the talented Polar team to Google! They’ll be joining our team and helping us make G+ even more awesome.?
Intel acquires 1,400 patents registered by Powerwave Technologies
Intel: The patents relate to, among other things, telecommunications infrastructure technologies, including tower mounted amplifiers, antenna structures, power amplifier configurations, crest factor reduction and digital pre-distortion circuitry.