Online travel site Priceline is adding restaurant bookings to its menu of offerings with the US$2.6 billion all-cash acquisition of OpenTable. The deal has been approved by the boards of both companies and is expected to close in the third quarter.
Spurred by stronger demand for business PCs than expected, Intel raised its revenue guidance for this quarter.
PayPal is offering a new educational resource to help merchants worldwide get more use out of its payments service.
Advanced Micro Devices has combined product groups and promoted two executives for the next phase of its planned multiple-year strategy to maintain profitability.
After merging with China's Alibaba Group, local mobile browser developer UCWeb is seeking to accelerate its international expansion, and double its user base to 1 billion over the next three to five years.
SAP's former technology chief Vishal Sikka will head ailing Indian outsourcer Infosys, in a marked shift from his focus at his former company on technology and product development.
China's Alibaba Group is expanding in the U.S., with a new e-commerce site that's geared for buyers interested in boutique stores.
The European Commission has opened an in-depth investigation into Apple's corporate tax affairs on suspicion that the company did not pay its fair share of income taxes.
China's Alibaba Group is buying UCWeb, one of the nation's top mobile browser companies, in a deal that will give the e-commerce giant a bigger reach with smartphone users.
In the face of slowing growth and rising competition in its home market, China Mobile plans to take an 18 percent stake in Thailand's third largest mobile operator.
As software vendors tend to do during their big annual user conferences, SAP made a lot of promises to customers this week at Sapphire. The overarching theme was a desire to make SAP's software simpler and its customers' lives easier.
Sprint has reached a deal to buy T-Mobile US for about US$50 billion, according to news reports on Wednesday.
A couple of things became clear during SAP co-founder Hasso Plattner's keynote at the Sapphire conference Wednesday: SAP remains fully committed to the Hana in-memory computing platform, as well as its push into SaaS (software as a service).
Cloudera will incorporate technology from its acquisition of encryption software provider Gazzang into Apache Hadoop so that industries with stringent security regulations can use the big-data processing platform.
A €2.8 billion (US$3.8 billion) joint investment in robotics research and innovation by the robotics industry and the European Commission is intended to create over 240,000 new jobs in Europe -- but it remains unclear how many old jobs will be replac...
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