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Groupon fails to turn profit as revenue grows

Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Cisco challenges Microsoft takeover of Skype in EU

Networking company Cisco said Wednesday that it is challenging Microsoft's $8.5 billion takeover of Skype at the European Union's top court to ensure Microsoft won't block other video conferencing services.

Technology / Business

created Feb 15, 2012 | popularity 4 / 5 (2) | comments 1

Microsoft bond issue sparks takeover rumors

Microsoft launched its first bond issue on Monday, sparking rumors the US software giant was contemplating a takeover bid.

Technology / Business

created May 11, 2009 | popularity 3 / 5 (4) | comments 1

LinkedIn looks to link up with investors with IPO

LinkedIn Corp., the company behind the largest website for professional networking, plans to raise at least $175 million in an initial public offering of stock that could open the IPO floodgates for other ...

Technology / Business

created Jan 27, 2011 | popularity not rated yet | comments 0

Review: 4 camera app alternatives to Instagram

(AP) -- I'm one of the millions of smartphone owners addicted to Instagram, the free camera app that makes tweaking and sharing photos miraculously easy. While it's wildly popular and the target of Facebook's ...

Technology / Software

created Apr 25, 2012 | popularity not rated yet | comments 0

Facebook buys question-and-answer friend.ly

Facebook said Monday it has acquired friend.ly, a firm behind a Facebook social question-and-answer service.

Technology / Internet

created Oct 10, 2011 | popularity not rated yet | comments 0

Yahoo! co-founder Jerry Yang resigns, shares jump (Update)

Jerry Yang, who co-founded Yahoo! nearly 17 years ago and had an ill-fated stint as chief executive, abruptly resigned from all of his positions with the struggling Internet company.

Technology / Business

created Jan 17, 2012 | popularity not rated yet | comments 0

Tech customers question industry's takeover spree

(AP) -- The world's largest technology companies have been on a buying spree, spending billions to snap up smaller companies. And often the buyers say they're doing it for their customers - businesses, hospitals, schools ...

Technology / Business

created Jul 05, 2010 | popularity 5 / 5 (2) | comments 0

China's Alibaba raising $3bn for Yahoo! stake: report

Chinese online commerce giant Alibaba plans to borrow $3 billion to buy back the stake Yahoo! owns in the company, a report said Thursday, as the struggling US Internet firm overhauls its Asia holdings.

Technology / Business

created Feb 09, 2012 | popularity not rated yet | comments 0

India's Tech Mahindra announces Satyam merger

India's Tech Mahindra announced its long-awaited buyout of IT outsourcer Satyam Computer on Wednesday, creating a new force in the sector with annual revenue of $2.26 billion.

Technology / Business

created Mar 21, 2012 | popularity 5 / 5 (1) | comments 0

'Multiple parties' interested in Yahoo!: memo

Yahoo! is fielding inquiries from "multiple parties" who have expressed an interest in the struggling Internet company, officials said Friday in a memo sent to employees and obtained by AFP.

Technology / Business

created Sep 24, 2011 | popularity not rated yet | comments 0

IBM cuts Sun takeover price: WSJ

IBM has cut the price of its takeover bid for Sun Microsystems Inc. to nine to 10 dollars a share from 10 to 11 dollars a share, The Wall Street Journal online reported on Thursday.

Technology / Business

created Apr 02, 2009 | popularity 2 / 5 (2) | comments 3

Microsoft, Yahoo! in search, ad talks

Microsoft and Yahoo! have held "early discussions" about possible Internet search and advertising partnerships, a leading Silicon Valley technology website reported on Friday.

Technology / Internet

created Apr 10, 2009 | popularity 3 / 5 (1) | comments 0

Groupon seeks to raise up to $621 million from IPO

US online daily deals sensation Groupon said Friday that it hopes to raise as much as $621 million from its initial public offering, less than previously expected.

Technology / Business

created Oct 21, 2011 | popularity not rated yet | comments 0

Google expands online deals to five more cities

Google expanded its local bargains program to five more cities Wednesday in a challenge to online deals giants Groupon and LivingSocial.

Technology / Internet

created Sep 07, 2011 | popularity not rated yet | comments 0