TOKYO, April 21- In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo- based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel "The Hitchhikers Guide to the Galaxy".» Read More
I remember when eBay bought Skype for that staggering $3.1 billion and scratching my head, wondering what the connection was. I remember talking to CEO Meg Whitman soon after the deal was announced, listening to her tell me that Skype would make as much sense and be as important to eBay as PayPal was. I remember nodding, listening.
Japan's Sony and Germany's Qimonda said Tuesday they have agreed to form a joint venture to design high-performance memory chips for consumer and graphic applications.
AT&T said Tuesday it would buy more technology services from International Business Machines and will sell telecommunications services to IBM worth $1 billion over five years.
The numbers are flying fast and furious today: Nokia snapping up GPS mapping leader Navteq for a staggering $8.1 billion. Many on the Street are scratching their heads at such a high valuation but wow, dig a little deeper and Nokia may have stumbled upon something that other handset makers missed, or weren't willing to pony up the cash to make something ambitious and forward-thinking really happen.
EBay said Monday that Niklas Zennstrom, co-founder and chief executive of its Internet telephony unit Skype, has stepped down.
The social networking Web site Facebook has been warned that it could face a consumer fraud charge in the state of New York.
3Com, a maker of networking hardware and software, will be sold to affiliates of private equity firm Bain Capital Partners for $2.2 billion in cash, 3Com said Friday.
Google, the world's Web search leader, said Thursday it was unlikely U.S. antitrust authorities would seek to impose conditions on its $3.1 billion acquisition of advertising company DoubleClick.
It's a consumer electronics invasion here at the Javitz convention center in New York City. 50,000 consumers will attend what's being billed as the biggest electronic expo FOR shoppers. Unlike the massive Consumer Electronics Show in Las Vegas, open only to the industry, everyone is welcome at DigitalLife.
Microsoft's "Halo 3" video game set an opening-day U.S. sales record of $170 million, outdoing any video game or movie debut and giving the company's money-losing entertainment unit a strong boost toward profitability.
Red Hat, the largest publicly held company focused on selling Linux software, reported sharply higher quarterly profit on Tuesday on increased sales of an upgraded operating system it introduced in March.
Electronic Data Systems has agreed to pay nearly $500,000 to settle an investigation into accounting irregularities alleged to have occurred from 2001 to 2003.
Dell, the world's No.2 personal computer maker, said it would sell its latest range through China's largest electronics retailer, GOME Group, aiming to improve on its single-digit mainland market share.
A European Union proposal to stop people from accessing bomb-making instructions online is fraught with technical difficulties, if not downright unworkable, Internet practitioners say.
Microsoft has launched a campaign behind the scenes to persuade internet companies, advertisers and regulators to oppose Google's planned $3.1 billion acquisition of online advertising group DoubleClick, the Wall Street Journal reported.
Nvidia is rolling out a graphics microchip that will be embedded in the main collection of components that make up a personal computer, as the company goes toe to toe with Intel in the integrated graphics chip market.
In a move aimed at chipping away at Hewlett-Packard's dominance, Xerox Monday launched a system promising to slash the cost of color printing for high-volume users willing to pay more initially for machines.
Google is in early talks to join a group looking to lay a high-speed, trans-Pacific undersea cable that could potentially lead to the Internet company becoming an investor in the project, according to the Wall Street Journal.
Texas Instruments said Friday its board has approved an additional $5 billion share buyback and the company plans to raise its quarterly cash dividend by 25 percent.
Billionaire investor Carl Icahn said on Friday that a sale of BEA Systems to a strategic acquirer would maximize the value of its shares and that he might seek to nominate directors to the software maker's board.