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Denmark to slap Microsoft with $1B in taxes after funneling profits overseas
- Microsoft's clever accounting techniques may have been a little too clever, at least according to Danish authorities. Denmark officials are considering a tax levy of 5.8 billion kroner -- or roughly 1.01 billion USD at current exchange rates -- over…
Facebook to buy Microsoft's advertising network, report affirms
- Confirming December's rumors of a Facebook-Microsoft advertising deal, a report by Ad Age indicates Facebook may buy Microsoft's Atlas ad network as soon as next week. An impending deal would not be surprising; after all, Facebook and Microsoft have been cozy…
Liberty buys Virgin for $23 bil, claims world's largest broadband ISP
- In an enormous deal funded by both cash and stock, U.S-based Liberty Global has announced the purchase of Virgin Media for a hefty $23.3 billion. When combined, Liberty Global and Virgin Media will be home to roughly 25 million subscribers…
Belkin picks up Linksys home router business from Cisco
- Cisco Systems, the world’s biggest maker of computer-networking equipment, is looking to further distance itself from the consumer space with the sale of its home networking business unit to Belkin for an undisclosed amount. The transaction includes the company’s Linksys…
Apple may acquire Waze, the popular crowdsourced GPS app
- Multiple sources have been cited in this report, claiming Apple is engaged in acquisition talks with Waze, a popular crowdsourced GPS app capable of providing turn-by-turn voice navigation. One pot hole in the road though is Waze's asking price of $750 million…
Google acquires VirusTotal, but will continue independent operation
- VirusTotal, a popular web-based virus scanning tool, announced its very own acquisition by Google. While details regarding the deal remain mostly secretive, VirusTotal says it will continue to operate independently of Google and maintain its multi-faceted sphere of partnerships with…
Total rewrite of Digg promises to put users first, launches Aug 1
- Once eye-balled by Google for $200 million dollars, New York technology studio Betaworks swooped in and purchased Digg and its remaining properties for just $500,000 on July 12. Betaworks has posted on its Rethink Digg blog that it is moving…
Micron to buy Elpida, DRAM market left with 3 competitors
- Bloomberg brings news from Japan that U.S-based chipmaker Micron Technology will purchase Japanese rival Elpida. This falls in line with a statement made last month by CEO Mark Durcan that Micron would make the purchase, but only if it could…
Seagate invests in DensBits, plans its first consumer SSDs
- Seagate has announced a partnership with DensBits, an Israeli company whose "revolutionary" memory controller design may prove useful for upcoming solid-state drives. Seagate made an undisclosed investment in DensBits, stating its plans to improve both consumer and business-class products with…
Google delves into hardware, buys Motorola Mobility for $12.5 billion
- Google has announced its acquisition of Motorola's mobile arm for 12.5 billion dollars, a sum which marks the largest Google acquisition thus far. News of the deal's closure came from a Google blog post Tuesday morning, a post which follows a…
Rovio buys Futuremark's gaming arm, universal 3DMark in the works
- Following positive news regarding the massive success of Angry Birds Space, Rovio announced today that it has acquired Futuremark Games Studio. FSG is the gaming division of well-known benchmark software developer, Futuremark, and is probably best known for its Unstoppable Gorg and Shattered Horizon…
Zynga pays $200m for "Draw Something" developer OMGPOP
- After poring over a number of potential suitors, OMGPOP has decided to take Zynga up on its $200 million offer. OMGPOP has been around since 2008 and has developed dozens upon dozens of casual games for mobile and web platforms.…
AMD gives up remaining shares in GlobalFoundries, amends wafer supply agreement
- Exactly three years after spinning off its semiconductor manufacturing arm into a separate entity called GlobalFoundries, AMD is giving up the remaining of its minority stake to Abu Dhabi-based Advanced Technology Investment Company (ATIC). The agreement announced late Sunday includes…
HP tried to sell WebOS to Amazon and others for $1.2 billion
- In the aftermath of HP's Touchpad blunder, the company reportedly tried to jettison its Palm / WebOS properties to potential buyers for a cool $1.2 billion. If that number looks familiar, it is because that is the same exact price HP…
Seagate completes acquisition of Samsung's hard drive division
- In April, Seagate agreed to purchase Samsung's hard drive division in a transaction valued at $1.4 billion. Technically speaking, the acquisition is complete and Seagate has launched a web page dedicated to the purchase for customers. Logistically speaking though, the…
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