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Mexican billionaire Carlos Slim invests $40 million in Shazam

Mexican business tycoon Carlos Slim recently invested $40 million in music recognition service Shazam. The cash infusion will help the company with continued growth in music, aid expansion efforts into television and help make inroads into Latin American according to…

Samsung to buy 3% stake in Sharp for $112 million

Sharp has confirmed it will be receiving a 10.4 billion yen (around $112 million) investment from Samsung for a 3% stake in the company. The two have done business in the past but this deal will further strengthen that relationship, …

HP rumored to be considering company "break up"

In 2011, former CEO Leo Apotheker proposed jettisoning HP's iconic PC business -- a division which suffers from notoriously anemic profit margins -- in an attempt to return HP to greater profitability. Although Apotheker's successor, Meg Whitman, canned that idea,…

Display maker Pixel Qi gets major investment from 3M

We've been hearing about Pixel Qi's exciting display technology for a while now but the company has yet to make significant progress in the consumer market. Today, however, they are getting a major vote of confidence from 3M in the…