Business - SlashGear

‘business’ Stories

Yahoo reportedly to consider selling Asian assets

Paul Fang, Dec 21st 2011 Discuss [0]

Yahoo's board of directors is reportedly considering a deal to sell all of its Asian assets, specifically, the bulk of the company’s prized holdings in the China's Alibaba Group and Yahoo’s Japanese affiliate to their majority shareholders in a massive deal worth $17 billion, according to a report in The New York Times DealBook. Yahoo would allegedly still keep a 15 percent stake in Chinese internet group Alibaba, however. The company’s stock on the Nasdaq exchange jumped nearly 6 percent today on the Asian asset sale rumors, and currently sits at just about $16 a share after trading hours had closed. Read The Full Story

ITC initial ruling finds Motorola infringing on Microsoft patent

Rue Liu, Dec 20th 2011 Discuss [12]

The US International Trade Commission has issued its initial ruling favoring Microsoft in the patent feud with Motorola. The initial determination finds that Motorola's Android products are infringing four claims of a Microsoft patent. However, a final review and ruling is still required to pass through the full Commission. Read The Full Story

Apple picks up Anobit for Flash Memory

Chris Burns, Dec 20th 2011 Discuss [2]

There's a purchase out there today that you really aught to pay attention do, ladies and gentlemen, that being Apple's purchase of Israeli start-up SSD maker Anobit, creators of storage products already found in devices such as the iPhone, iPad, and MacBook Air. This group has apparently gathered together to speak about how they've been payed aproximately $500 million USD to be purchased, this according to Israeli newspaper Calcalist. In addition, the Prime Minister of Israel himself sent out a Twitter update which welcomed Apple to the country, congratulating them on their first acquisition in the country. Read The Full Story

AT&T drops its T-Mobile merger deal

Rue Liu, Dec 19th 2011 Discuss [10]

The AT&T and T-Mobile merger deal is officially dead. After months of seeking FCC approval and facing several road blocks, including a lawsuit from the DOJ, AT&T has finally succumbed to defeat and issued a statement today announcing that it is dropping its proposed bid to takeover T-Mobile for $39 billion. Read The Full Story

Bill Gates confirms that he’s not returning to Microsoft

Paul Fang, Dec 16th 2011 Discuss [0]

Bill Gates today squelched all rumors (that have surfaced in the last week or so) that he was considering a return to being the head of Microsoft. During an interview with Fairfax Media in Australia, Gates stated that "I made the transition to work full-time on the [Bill & Melinda Gates] Foundation, and that'll be what I do for the rest of my life." Well, folks, I guess that's it. The Microsoft co-founder (and once richest man in the world) will not be returning to the helm of the software company he built from the ground up. Read The Full Story

RIM reports Q3 earnings, falling profits, shipped only 150k PlayBooks

Rue Liu, Dec 15th 2011 Discuss [0]

RIM released its fiscal Q3 2012 earnings report today and although the numbers are dismal, the company remains chipper about what lies ahead. Profits fell to just $256 million with a revenue of $5.2 billion, just shy of the projected $5.6 billion for this quarter. These numbers are down from $329 million in profit from the previous quarter and $911 million from the previous year. Read The Full Story

Google giving back to Education, Technology and Anti-Slavery

Christen McGregor, Dec 14th 2011 Discuss [4]

With the Holidays quickly approaching, Google has reminded us of other ways for achieving technological growth and innovation. This week Google listed the organizations that were recipients of $40 million in grants. The four causes that were recipients were science, technology, engineering and math (STEM) education; girls education; empowerment through technology; and fighting human trafficking and modern-day slavery. Read The Full Story

Square mobile payments hits 1 million merchants milestone

Rue Liu, Dec 13th 2011 Discuss [3]

Square announced today via Twitter that there are now more than 1 million merchants using its mobile payment services to accept credit cards. The startup has been competing against heavyweights like PayPal, Google, and Intuit in helping small businesses process payments via their mobile phones. Read The Full Story

AT&T, T-Mobile consider deal re-cut, Dish steps in

Chris Burns, Dec 12th 2011 Discuss [4]

For months now we've been hearing that AT&T and T-Mobile have been going back and forth with various investigatory boards, the FCC, the Department of Justice, their grandmothers, and today its come to light that AT&T is considering "recutting" its original $39 billion dollar deal for T-Mobile USA in light of U.S. antitrust authorities ever-rising opposition. The antitrust case at hand has been postponed in face of the possible recutting, and both AT&T and the Justice Department have joined in asking the judge to postpone all proceedings in the court until January 18th, 2012 -- that way everyone can take a rest and drink some egg-nog while they mull everything over. Read The Full Story

AT&T, T-Mobile merger lawsuit to be postponed or withdrawn by DOJ

Rue Liu, Dec 9th 2011 Discuss [1]

According to the Wall Street Journal, the antitrust lawsuit against AT&T's T-Mobile merger may be either postponed or withdrawn by the Department of Justice sometime next week. DOJ lawyer Joseph Wayland explained that the expedited court proceedings were no longer needed since AT&T had withdrawn its merger application from the FCC. But this isn't necessarily good news for AT&T. Read The Full Story

Microsoft, Google, and Intel continue to beat Apple in brand value

Rue Liu, Dec 7th 2011 Discuss [18]

You would think with all the buzz and cult following that Apple generates it's brand value would be leading in the rankings, but that's not the case. According to consulting firm Interbrand's recently released top 100 Global Brands list, Apple is actually ranked number 8, behind Microsoft, Google, and Intel. And this is an improvement from its previous year's ranking. Read The Full Story

AT&T & T-Mobile mulling joint venture if acquisition deal falls apart

Paul Fang, Nov 30th 2011 Discuss [7]

Judging from all the rumors, it seems like that AT&T is looking at all of its remaining options in light of its withdrawn attempt to acquire T-Mobile USA from parent company Deutsche Telekom AG. Wall Street Journal gives us the latest possible scenario, which is the possibility of AT&T and Deutsche Telekom teaming up together for a joint venture should the acquisition deal ultimately fall apart. And this would be apparently be a partnership that would entail the two telecom giants pooling their infrastructure together. Read The Full Story