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AT&T's T-Mobile buy faces congressional scrutiny

US lawmakers grilled AT&T on Wednesday over its proposed $39 billion acquisition of rival T-Mobile USA, questioning whether the mega-merger would harm competition in the fast-growing wireless industry.

SAP sees new acquisition as boon for cloud computing

The acquisition of US firm Success Factors by SAP will make the German software giant number one in "cloud computing" and show a profit from 2013, a top SAP executive said in an interview published Saturday.

Nvidia buys Israeli chipmaker Mellanox for $6.9 bn

US computer graphics giant Nvidia said Monday it is acquiring Israeli data center firm Mellanox for $6.9 billion, to expand its presence in the high performance computing segment.

Yahoo unveils makeover of Flickr site (Update)

Reinvigorated technology player Yahoo! unveiled a dusted-off design of its Flickr photo platform only hours after the company's dramatic acquisition of blogging site Tumblr.

Microsoft to buy Yammer for $1 bn: report

Microsoft has reached a deal to purchase the Yammer business software company for $1 billion in an apparent bid to shore up its widely-used Office software, the Wall Street Journal reported Friday.

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