Latest Business News

Facebook To Acquire WhatsApp For $16 Billion

Facebook To Acquire WhatsApp For $16 Billion

According to a document filed with the SEC, Facebook will purchase the hot messaging client WhatsApp for $16 billion. There will be an additional $3 billion—in restricted stock—paid ...
Nokia and HTC Reach Truce In Patent Battle

Nokia and HTC Reach Truce In Patent Battle

Friday Nokia announced that they had reached a patent and “technology collaboration” agreement with HTC. The agreement marks the end of pending patent suits. The released terms ...
Apple Didn't Violate Google Patents According To U.S Court of Appeals

Apple Didn’t Violate Google Patents According To U.S Court of Appeals

Weekly there’s some element added to the legal saga in the Apple vs. Google and Apple vs. Samsung battles. Friday saw Apple get yet another victory this time against Google as it ...
Nortel Networks HQ

Rockstar Consortium Considering Selling Off More Nortel Patents

The Rockstar Consortium, the group that holds a number of patents from the bankrupt Nortel is planning to put up a larger number of those wireless patents for sale after selling ...
Apple Scores Victory As Samsung Loses Patent Case In South Korea

Apple Scores Victory As Samsung Loses Patent Case In South Korea

It must be tough when you can’t win on your own home turf, right? Samsung found that out when South Korea’s Seoul Central District Court deemed that Apple had not violated mobile ...
Yahoo Acquires Concert-Streaming Startup Evntlive

Yahoo’s Arsenal Grows With The Addition of Concert Streaming Service Evntlive

Yahoo has been bolstering its properties this year with the major purchase of Tumblr in May for $1.1 billion and earlier this week the company brought the mobile video company Ptch, ...
Samsung

Apple Requests Samsung Pay $22 Million In Legal Fees

In the ongoing battle between Apple and Samsung, the Cupertino-based company has requested that Samsung cover its legal fees and cost—totaling to around $22 million. The lawsuit ...
The Next Big Step For Amazon? The Skies Via Drones

The Next Big Step For Amazon? The Skies Via Drones

Amazon CEO Jeff Bezos recently revealed on a 60 Minutes segment about the shopping season that the company had big plans for the future of shipping for Amazon Prime members: Amazon ...
The Android Alliance vs. Rockstar Bidco: The War To Settle The Score?

The Android Alliance vs. Rockstar Bidco: The War To Settle The Score?

On Halloween, a Legion of Doom of tech giants was assembled as rivals Microsoft, Apple, and Sony teamed up with Ericsson and BlackBerry to dole out lawsuits against companies with ...
Apple stock rises after Icahn tweet

Apple stock rises after Icahn tweet

Apple stock rises after Icahn tweet Icahn, through two tweets revealed that he has a large stake in Apple and stated his opinion that the company is “undervalued”. He also ...