Record bitcoin payment of $1 million spent on new mining hardware
Bitpay, a company that lets businesses accept payments in the Bitcoin virtual currency, has just processed its first US$1 million transaction.
Bitpay, a company that lets businesses accept payments in the Bitcoin virtual currency, has just processed its first US$1 million transaction.
China's Alibaba Group is poised to invest more in U.S. tech companies with the start of a new investment group that the e-commerce giant is setting up in San Francisco .
Samsung Electronics has signed a 10-year supply agreement with Corning, the maker of Gorilla Glass, to ensure access to all of Corning's existing and future technologies.
Japanese carrier SoftBank and gaming company GungHo Online Entertainment are investing US$1.5 billion for a 51 percent stake in Finnish game developer Softcell, highlighting how hot this sector has become.
Alibaba Group is targeting the U.S. market with a US$200 million investment in ShopRunner, an online retailer that competes with Amazon.com, a source familiar with the deal said Friday.
Twitter has filed for its long-awaited initial public offering, revealing a fast-growing company but one that lost money in each of the past three years.
SAP's venture capital arm has raised US$1 billion over the past year as the company tries to land stakes in hot startup companies, both to generate profit down the road and to align itself with the industry's newest technologies.
Intel says that it has made a "significant investment" in Recon Instruments, a company that has quietly emerged on the cutting edge of wearable computing.
HTC is selling back the remainder of its stake in Beats Electronics, shedding its financial ties to the headphones vendor in a partnership that did little to help turn the smartphone maker's fortunes around.
Microsoft is entering China's gaming market with a new joint venture, the latest sign that its Xbox console soon arrive in the country.
Competition in China's search market is heating up with a new US$448 million deal that will bolster Internet giant Tencent's presence in the country's search market.
Dell will invest in additional acquisitions and remain committed to its struggling PC business once a $US24.9 billion deal to go private is complete, according to company officials.
A week after Steve Ballmer said he plans to step down as CEO of Microsoft, ValueAct Capital, one of its biggest investors, has secured the right to appoint its president to Microsoft's board.
<a href="http://www.networkworld.com/community/blog/wan-optimization-shifting-strategic-tactical">Blue Coat Systems</a> has agreed to be bought by a private equity firm for about $1.3 billion, which will buy out shareholders for a 48% premium over what the company's stock sold for yesterday.
Last year, Network World identified <a href="http://www.networkworld.com/news/2010/102210-25-tech-startups.html?hpg1=bn">25 IT startups</a> poised to develop innovative technology for a new age of <a href="http://www.networkworld.com/supp/2009/ndc3/051809-cloud-faq.html">cloud computing</a>, <a href="http://www.networkworld.com/news/2010/102510-burning-questions-virtualization-storage.html">virtualization</a> and mobility.