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Facebook's purchase of messaging service WhatsApp for up to $19 billion in cash and stock is one of the largest acquisitions ever in the technology sector.
Facebook is placing a $19 billion bet on reaching its next billion mobile users with the acquisition of WhatsApp, a popular messaging service that lets people send texts, photos and videos on their smartphones.
Google is becoming more secretive about its acquisitions as the Internet company hunts for promising innovations and engineering talent to help shape the future of technology.
The head of Google-owned maker Motorola, Dennis Woodside, announced Thursday he is leaving the smartphone maker to become chief operating officer at the online storage firm Dropbox.
The chairman of Chinese computer giant Lenovo pledged on Thursday to make the company the world's third-biggest smartphone seller following an acquisition binge as the firm announced a 30 percent profit surge.
Google bought a 5.94 percent stake in Lenovo for $750 million on the same day it agreed to sell handset maker Motorola to the Chinese technology giant, a report said Friday.
Google is introducing a videoconferencing tool designed to make it easier and less expensive to hold face-to-face business meetings even if the participants are scattered in different locations.
Apple has regained ground in the US smartphone market with its latest iPhone release, a survey showed Tuesday.
In 1984, with only $25,000 in Chinese government funding and a dusty 20-square-metre bungalow as their headquarters, a small group of scientists in Beijing founded a firm called New Technology Developer Inc.
Google shares marched upward on Thursday as earnings figures showed the Internet search titan remains a cash machine even as lifestyles shift to mobile gadgets.
