Technology - Business news

Facebook closes WhatsApp purchase now worth $21.8B

Facebook has completed its acquisition of the mobile messaging service WhatsApp for almost $22 billion, up from the original $19 billion when the cash-and-stock deal was struck early this year thanks in part ...

Oct 06, 2014
not rated yet 0

Hewlett-Packard splits off PC, printer businesses

Hewlett-Packard is splitting itself into two companies, one focused on its personal computer and printing business and another on technology services such as data storage, servers and software, betting that ...

Oct 06, 2014
1 / 5 (1) 2

Hewlett-Packard to split business

Hewlett-Packard is poised to become the latest technology firm to split into two entities by separating its computer and printer businesses from its corporate hardware and services operation, the Wall Street Journal reported ...

Oct 05, 2014
not rated yet 0

S. Korea rumor crackdown jolts social media users

South Korea's president is cracking down on rumors in cyberspace in a campaign that threatens the popularity of Kakao Talk, the leading social media service in a country with ambitions to become a global ...

Oct 05, 2014
4.5 / 5 (2) 0

Sprint cutting unspecified number of jobs

Sprint Corp., the nation's third-biggest cellphone carrier, is cutting an unspecified number of jobs this month to reduce costs as it tries to better compete with AT&T and Verizon, and hinted that more layoffs are possible.

Oct 03, 2014
not rated yet 0

Taiwan's HTC swings to profit in third quarter

Taiwanese smartphone maker HTC said Friday it swung to a profit in the third quarter, but revenue continued to decline owing to sluggish sales amid strong competition from low-priced Chinese models.

Oct 03, 2014
5 / 5 (1) 0

EU clears Facebook's $19 bn buyout of WhatsApp

European Union regulators on Friday cleared the buyout of the WhatsApp mobile messaging service by Facebook, despite opposition by telecom companies afraid of the growing power of US technology giants.

Oct 03, 2014
not rated yet 0

Germany's Rocket Internet has lukewarm IPO

Germany's ambitious start-up platform Rocket Internet made its high-profile arrival on the Frankfurt stock market on Thursday but got off to a disappointing start as shares slumped in morning trading.

Oct 02, 2014
not rated yet 0