BlackBerry will change its CEO and accept a $US1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself.
Bitpay, a company that lets businesses accept payments in the Bitcoin virtual currency, has just processed its first US$1 million transaction.
Samsung Electronics has signed a 10-year supply agreement with Corning, the maker of Gorilla Glass, to ensure access to all of Corning's existing and future technologies.
China's Alibaba Group is poised to invest more in U.S. tech companies with the start of a new investment group that the e-commerce giant is setting up in San Francisco .
Japanese carrier SoftBank and gaming company GungHo Online Entertainment are investing US$1.5 billion for a 51 percent stake in Finnish game developer Softcell, highlighting how hot this sector has become.
Alibaba Group is targeting the U.S. market with a US$200 million investment in ShopRunner, an online retailer that competes with Amazon.com, a source familiar with the deal said Friday.
Twitter has filed for its long-awaited initial public offering, revealing a fast-growing company but one that lost money in each of the past three years.
SAP's venture capital arm has raised US$1 billion over the past year as the company tries to land stakes in hot startup companies, both to generate profit down the road and to align itself with the industry's newest technologies.
HTC is selling back the remainder of its stake in Beats Electronics, shedding its financial ties to the headphones vendor in a partnership that did little to help turn the smartphone maker's fortunes around.
Microsoft is entering China's gaming market with a new joint venture, the latest sign that its Xbox console soon arrive in the country.
Competition in China's search market is heating up with a new US$448 million deal that will bolster Internet giant Tencent's presence in the country's search market.
Dell will invest in additional acquisitions and remain committed to its struggling PC business once a $US24.9 billion deal to go private is complete, according to company officials.
A week after Steve Ballmer said he plans to step down as CEO of Microsoft, ValueAct Capital, one of its biggest investors, has secured the right to appoint its president to Microsoft's board.
Google appears to be preparing to ramp up production of its Google Glass product with an investment in a Taiwanese chip maker that manufactures components used in the wearable device.
Prominent shareholder advisory group Institutional Shareholder Services has given a stamp of approval to Dell founder Michael Dell's bid to take the company private.
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GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.