Additional details have emerged regarding the more than 800 patents Novell is selling to the Microsoft-led consortium CPTN Holdings for US$450 million, about two months after the deal was first announced.
There was another question about the planned Facebook stock offering that went beyond whether the social media leader is a good investment now or if it's overpriced. A more serious issue was how investment banker Goldman Sachs was structuring a "private placement" deal to skirt U.S. securities law.
Groupon has completed its US$950 million funding round and the money will be used to improve its technology infrastructure, continue its business expansion and let employees and existing investors cash out stock, the online coupon provider said late Monday.
Federal court papers name a former <a href="http://www.networkworld.com/news/2010/091610-akamai-ipv6.html">Akamai Technologies</a> employee who allegedly revealed insider information to stock traders who were later charged with reaping millions of dollars from the information in what the FBI calls the largest hedge fund insider-trading case in history.
Consumer PC tech support company iYogi is planning to extend its services to users of mobile phones, with an initial focus on devices running the Android operating system.
Facebook CEO Mark Zuckerberg was one of 17 billionaires this week to pledge donating more than half of their wealth to charitable organizations.
Intel engaged in high-level talks with Russian officials and ultimately said it would pull research and development work from the country unless it could get around Russia's tough encryption import laws, according to a U.S. Department of State cable published by WikiLeaks.
Groupon rival Living Social has landed a US$175 million investment from online retail giant Amazon.
Continuing its low-key crusade for greater mainframe openness (or less IBM dominance of that market), Microsoft has invested an undisclosed amount of money in mainframe emulator provider TurboHercules, said the Paris company.
CA Technologies has sold off its remaining 20 percent stake in Ingres to venture capital firm Garnett & Helfrich Capital, which is now the open-source database company's sole owner.
The Symbian Foundation, which recently lost its respected executive director and the backing of two major phone makers, is getting a much-needed boost through a European Commission-sponsored project.
Oracle announced late Wednesday that it has taken a 10.2 per cent stake in Mellanox Technologies, maker of Infiniband interconnects for servers and storage systems.
The next generation of IT vendors has arrived on the scene. Driven by a tentative economic recovery that is seeing venture capitalists release a few more dollars to tech startups, and a need to create tools for the world of cloud computing and virtualization, a flood of young technology companies is hitting the market.
Worldwide enterprise IT spending will rise from $2.38 trillion this year to $2.46 trillion in 2011, a 3.1 per cent increase, the research firm Gartner said Monday.
Google is continuing to back green energy projects, this time investing in the construction of a backbone that will carry energy produced by wind turbines off the East Coast back to shore.