Technology News Headlines

Intel nears deal to buy Altera for $16 billion - sources


- Intel Corp has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year. | Video

Tech, Deals 12:09am IST

Fri, May 29 2015

Apple buys German augmented-reality software maker Metaio


FRANKFURT - Apple Inc has acquired Metaio, a German company whose technology melds real-world imagery and computer-generated elements into moving video presentations, according to a corporate filing.

Tech, Deals 29 May 2015

Avago to buy Broadcom for $37 billion in biggest-ever chip deal


REUTERS - Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players. | Video

Tech, Deals 29 May 2015

Silk Road website creator gets life term for drug plot


NEW YORK - The accused mastermind behind the Silk Road underground website was sentenced on Friday to life in prison for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin. | Video

6:18am IST

Exclusive - U.S. tried Stuxnet-style campaign against North Korea but failed: sources

SAN FRANCISCO - The United States tried to deploy a version of the Stuxnet computer virus to attack North Korea's nuclear weapons programme five years ago but ultimately failed, according to people familiar with the covert campaign.

Tech, World, Israel 12:38am IST

Airbus Group starts $150 million venture fund, Silicon Valley base


PARIS - Airbus Group announced the creation of a $150 million venture capital fund and said it had hired a Google executive to run a new centre in Silicon Valley as it seeks to wave a digital wand over its heavy-manufacturing culture.

Business, Tech 2:48am IST

Mobile apps turn bedroom traders into star professionals


LONDON - When Noa Strijbos picks a financial asset to trade on her smartphone while taking her dog for a walk, almost 26,000 people pay close attention.

29 May 2015

TCV seeks to sell stake in marketing firm Merkle - sources

- Technology Crossover Ventures (TCV) is exploring a sale of its minority stake in Merkle Inc, in a deal that could value the fast-growing marketing technology company at more than $1 billion, according to people familiar with the matter.

3:25am IST

GameStop profit beats on higher sales of Mortal Kombat X


- GameStop Corp , the world's largest retailer of video game products, reported better-than-expected profit and revenue, helped by strong sales of new releases such as "Mortal Kombat X" and "Evolve" and an increase in mobile game downloads. | Video

1:49am IST

Google shows off virtual reality collaboration with GoPro


SAN FRANCISCO - Action camera maker GoPro Inc and Google Inc introduced a virtual reality system using 16 cameras and Google software, sending GoPro shares up nearly 7 percent on Thursday.

29 May 2015