European private equity group Permira will take over the popular Nasdaq-listed genealogy website Ancestry.com for $1.6 billion in cash, Permira announced on Monday.
(AP)—American companies should avoid sourcing network equipment from China's two leading technology firms because they pose a national security threat to the United States, the House Intelligence Committee warned Monday.
Chinese solar panel makers that grew fast over the past decade are suffering big losses due to slumping global sales and a price war that threaten an industry seen by communist leaders as a role model for hopes to transform ...
Britain will have access to superfast 4G mobile Internet services by the end of the year, communications watchdog Ofcom said on Tuesday after approving its launch by telecoms providers Orange and T-Mobile.
AOL on Wednesday posted a profit for the second quarter of $970.8 million, boosted by a big sale of patents, while citing signs of progress in turning around the struggling Internet firm.
(AP) T-Mobile USA, the country's fourth-largest cellphone carrier, on Wednesday said that its CEO has resigned and its chief operating officer is filling in while the company searches for a replacement.
(Phys.org) -- Black holes in the early universe needed a few snacks rather than one giant meal to fuel their quasars and help them grow, according to observations from NASA's Spitzer and Hubble space telescopes.
(Phys.org) -- The Hubble Space Telescope has produced a highly detailed image of a pair of overlapping galaxies called NGC 3314. While the two galaxies look as if they are in the midst of a collision, this is in fact a trick ...
Japanese electronics giant NEC said Wednesday it will buy two IT firms from Australia's CSG, with a report pegging the price tag at about $252 million.
Investment bankers often are stereotyped as greedy, overpaid leeches who will say or do anything for a quick buck.