The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
The deal could strengthen Alphabet's efforts to take on Amazon and Microsoft in the public cloud business. All three companies' clouds have offerings for working with data from internet-connected devices.
With Xively, companies can connect new devices, manage them remotely and send data from the devices into other systems. Xively's customers include Halo Smart Labs, Lutron and New England BioLabs.
The division booked revenue of $3 million and $13 million of expenses in LogMeIn's 2017 fiscal year. About 45 Xively employees will join Google.
"Through this acquisition, Cloud IoT Core will gain deep IoT technology and engineering expertise, including Xively's advanced device management, messaging, and dashboard capabilities," Antony Passemard, head of product management for IoT and Pub/Sub at Google Cloud, wrote in a blog post.
Google Cloud CEO Diane Greene spoke about the importance of the internet of things during an appearance at Goldman Sachs' technology and internet conference in San Francisco earlier this week. "IoT is a pretty interesting area," she told Goldman Sachs analyst Heather Bellini.
LogMeIn acquired Xively in 2011 for $15 million.
Earlier this month Alphabet for the first time talked about how much revenue its Google Cloud Platform public cloud and G Suite portfolio of productivity apps bring in -- $1 billion per quarter. Meanwhile, market leader Amazon Web Services generated more than $5 billion in revenue in the same period.
Correction: This story originally misstated the details of LogMeIn's acquisition of Xively. It paid $15 million in 2011.