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Denmark to slap Microsoft with $1B in taxes after funneling profits overseas

Denmark to slap Microsoft with $1B in taxes after funneling profits overseas
  • Posted March 4, 2013, 1:30 PM by Rick Burgess | Filed in Industry News, The Web
  • 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

Facebook to buy Microsoft
  • Posted February 7, 2013, 6:30 PM by Rick Burgess | Filed in Industry News, Microsoft
  • 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

Liberty buys Virgin for $23 bil, claims world
  • Posted February 7, 2013, 12:32 PM by Rick Burgess | Filed in Industry News, The Web
  • 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…

Apple may acquire Waze, the popular crowdsourced GPS app

Apple may acquire Waze, the popular crowdsourced GPS app
  • Posted January 3, 2013, 12:00 PM by Rick Burgess | Filed in Industry News, Apple
  • 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

Google acquires VirusTotal, but will continue independent operation
  • Posted September 11, 2012, 2:00 PM by Rick Burgess | Filed in IT Security, Industry News
  • 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…

Amazon acquires UpNext, a 3D mapping upstart

Amazon acquires UpNext, a 3D mapping upstart
  • Posted July 3, 2012, 2:30 PM by Rick Burgess | Filed in Industry News, The Web
  • Amazon may be planning to provide its own in-house mapping solution, following a trail recently blazed by Apple. According to GigaOm, the online retailer has snatched UpNext, a four-person, 3D mapping company. Details regarding the deal are being kept quiet…

Micron to buy Elpida, DRAM market left with 3 competitors

Micron to buy Elpida, DRAM market left with 3 competitors
  • Posted July 2, 2012, 12:30 PM by Rick Burgess | Filed in Industry News
  • 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 invests in DensBits, plans its first consumer SSDs
  • Posted June 26, 2012, 1:00 PM by Rick Burgess | Filed in Hardware, Industry News
  • 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…

Comcast anti-trust probe launched, DoJ concerned about Xfinity

Comcast anti-trust probe launched, DoJ concerned about Xfinity
  • Posted June 13, 2012, 6:00 PM by Rick Burgess | Filed in Industry News, The Web
  • Citing individuals "familiar with the matter", the Wall Street Journal claims the Department of Justice is investigating Comcast for possible anti-trust violations. The DoJ has reportedly spoken to Netflix, Hulu, Comcast and others so far during their investigation. Comcast has been…

Google delves into hardware, buys Motorola Mobility for $12.5 billion

Google delves into hardware, buys Motorola Mobility for $12.5 billion
  • Posted May 22, 2012, 2:30 PM by Rick Burgess | Filed in Mobile Computing, Industry News
  • 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

Rovio buys Futuremark
  • Posted March 28, 2012, 8:30 AM by Rick Burgess | Filed in Industry News, Gaming
  • 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

Zynga pays $200m for "Draw Something" developer OMGPOP
  • Posted March 22, 2012, 3:30 PM by Rick Burgess | Filed in Industry News, Mobile Computing
  • 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.…

HP tried to sell WebOS to Amazon and others for $1.2 billion

HP tried to sell WebOS to Amazon and others for $1.2 billion
  • Posted January 2, 2012, 2:30 PM by Rick Burgess | Filed in Mobile Computing, Industry News
  • 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

Seagate completes acquisition of Samsung
  • Posted December 20, 2011, 1:30 PM by Rick Burgess | Filed in Industry News, Hardware
  • 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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