Yahoo's board has agreed to buy Tumblr, the popular blogging service, for about $1.1 billion in cash, a person with knowledge of the agreement told The New York Times.
Yahoo's board has agreed to buy Tumblr, the popular blogging service, for about $1.1 billion in cash, a person with knowledge of the agreement told The New York Times.
Tim Cook says he'll propose tax changes to encourage firms to bring home more of their offshore funds when he faces congressional queries over Apple's overseas cash holdings.
Investors had every reason not to trust the market after last year's Facebook fiasco—a high-profile IPO gone bad on multiple levels. Yet trust is coming back.
Cisco shares jumped after the firm beat on earnings, citing signs of improvement. "I am a little surprised," one trader said, as it was a tough quarter for other networking firms.
Tesla announced plans to offer another 2.7 million shares and said CEO Elon Musk will buy another $100 million worth of Tesla stock. Shares shot up after-hours.
The world's top search engine announced the music streaming service, which has built-in features to help users discover new music, at its annual developers conference in San Francisco.
It seems like the list of technology start-ups valued at more than $1 billion just keeps getting longer, and they've had help driving up valuations from the Fed.
Google has reportedly signed licensing deals with Universal Music and Sony Music to launch a subscription music service that would compete with fast-growing start-up Spotify.
For the first time, Google CEO Larry Page publicly discussed the root of his voice problems. He said it's caused by a nerve problem that has affected him for 14 years.
BlackBerry unveiled a new mid-tier smartphone device with a physical keyboard and said its make-or-break new devices had put the company back on "solid ground."
Nokia lost almost 5 percentage points of market share in the first quarter. Worryingly overall sales of the cheaper feature phones were slowing, as consumers kept hold of their phones for longer.